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April 30, 2013
Wacker Chemie today reported a huge drop in net income and a 10% slide in sales in the first quarter of this year. Net income was down 87.8%, to €5.1 million ($6.7 million), while...
http://www.chemweek.com/home/top_of_the_news/Wacker-reports-huge-drop-in-net-income-and-10-percent-lower-sales-confirms-2013-outlook_51588.html
April 30, 2013
Clariant’s former textile chemicals, paper specialties, and emulsion businesses, which the company agreed to sell to SK Capital on 27 December, will be named Archroma after the...
http://www.chemweek.com/home/top_of_the_news/Clariants-former-businesses-named-Archroma_51587.html
April 30, 2013
Tokuyama (Tokyo) has reported a net loss of ¥37.9 billion ($388 million) for the fiscal year ended 31 March, compared with a net profit of ¥9.3 billion in the previous fiscal...
http://www.chemweek.com/home/top_of_the_news/Tokuyama-swings-to-loss_51586.html
April 30, 2013
Clariant’s first-quarter net profit from continuing operations more than doubled to 38 million Swiss francs ($40.53 million) compared with SF16 million in the year-earlier...
http://www.chemweek.com/home/top_of_the_news/Clariant-more-than-doubles-net-profit-on-flat-sales-confirms-2015-targets_51585.html
April 29, 2013
Rosneft (Moscow) and Mitsui & Co. have signed a memorandum of understanding (MOU) to develop jointly Rosneft's previously announced Far East Petrochemical Co. (Fepco) project near...
http://www.chemweek.com/home/top_of_the_news/Rosneft-Mitsui-sign-MOU-to-develop-petchem-project-in-Russian-far-east_51563.html
April 29, 2013
American Natural Soda Ash Corp. (Ansac; Westport, CT) is raising the price of soda ash worldwide by $30/m.t., immediately on noncontract sales and as notice allows on contract sales....
http://www.chemweek.com/home/top_of_the_news/Ansac-raises-soda-ash-$30m-t-cites-infrastructure-investment_51562.html
April 29, 2013
The European Commission, following a vote by EU member states today, will proceed with a plan to restrict the use of three neonicotinoids used as insecticides on a variety of crops...
http://www.chemweek.com/home/top_of_the_news/European-Commission-proceeds-with-plan-to-restrict-the-use-of-neonicotinoids_51559.html
April 29, 2013
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, recorded a 28.5% rise in operating profits for the first quarter of 2013 compared with the...
http://www.chemweek.com/home/top_of_the_news/SK-Global-Chemical-reports-rise-in-quarterly-profits_51517.html
April 29, 2013
Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The...
http://www.chemweek.com/home/top_of_the_news/Pemexs-petchem-production-volume-falls-7-1-percent-during-the-first-quarter_51558.html
April 29, 2013
ICA Fluor, the construction joint venture of Empresas ICA and Fluor, announced today that it has been awarded a contract for the construction of a new titanium dioxide (TiO2)...
http://www.chemweek.com/home/top_of_the_news/ICA-Fluor-awarded-titanium-dioxide-contract-from-DuPont-in-Mexico_51557.html
April 29, 2013
PTT Global Chemical (PTTGC; Bangkok) says it will buy the 40% it does not already own in PTT Phenol from parent PTT for 4.97 billion baht ($169.88 million). The transaction...
http://www.chemweek.com/home/top_of_the_news/PTT-Global-Chemical-to-acquire-full-control-of-PTT-Phenol_51553.html
April 29, 2013
VinylPlus, the European polyvinyl chloride (PVC) industry's sustainable development program, recorded 362,076 m.t. of PVC recycled last year, keeping it on track to meet the challenge...
http://www.chemweek.com/home/top_of_the_news/VinylPlus-on-track-to-meet-2020-PVC-recycling-targets_51551.html
April 29, 2013
Saudi Arabian Mining Co.’s (Ma’aden; Riyadh) subsidiary Ma’aden Phosphate (MPC) has taken its Ras Az Zawr, Saudi Arabia–based ammonia plant off-line after...
http://www.chemweek.com/home/top_of_the_news/Maaden-shuts-down-ammonia-and-DAP-complex-because-of-technical-problems_51548.html
April 29, 2013
Bayer HealthCare has signed a merger agreement with Conceptus (Mountain View; CA), the developer of the Essure procedure—a leading nonsurgical, permanent birth-control...
http://www.chemweek.com/home/top_of_the_news/Bayer-to-acquire-birth-control-firm-Conceptus-for-$1-1-billion_51545.html
April 29, 2013
Sinopec’s chemicals segment posted an 87.4% fall in operating profits in the first quarter of 2013, to 164 million renminbi ($26.6 million), compared with the year-ago quarter...
http://www.chemweek.com/home/top_of_the_news/Sinopecs-chemicals-segment-reports-huge-fall-in-profits_51544.html
April 26, 2013
Olin (Clayton, MO) on Thursday reported first-quarter 2013 net income of $40.5 million, up 5% year-on-year (YOY). Weak results in the chlor-alkali business were more than balanced by...
http://www.chemweek.com/home/top_of_the_news/Olin-earnings-up-despite-weak-chlor-alkali_51532.html
April 26, 2013

LyondellBasell posted net income of $900 million in the first quarter, up of 50% from the year-ago period on record US olefin margins. Sales declined 9.1%, to $10.9 billion, because of planned maintenance at its Houston refinery. “We took advantage of strong industry margins [in US olefins], and for the third consecutive quarter, operated our ethylene plant system at or above nameplate capacity, achieving record profitability in this segment,” says Jim Gallogly, LyondellBasell CEO.

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http://www.chemweek.com/home/top_of_the_news/LyondellBasell-first-quarter-earnings-jump-50-percent-on-strong-US-olefins_51530.html
April 26, 2013
Stamicarbon, the licensing subsidiary of Maire Tecnimont (Milan), has signed a contract with the engineering firm First Global (Baghdad) to revamp a urea plant for the State...
http://www.chemweek.com/home/top_of_the_news/Stamicarbon-signs-contract-to-revamp-and-expand-urea-plant-in-Iraq_51525.html
April 26, 2013
NewMarket on Thursday announced a year-over-year increase in first quarter earnings of 2%, to $67.8 million. Reported earnings of $5.07/share were also up 2% from the year-ago quarter...
http://www.chemweek.com/home/top_of_the_news/NewMarket-first-quarter-earnings-up-2-percent_51471.html
April 26, 2013
PetroLogistics (Houston) on Thursday reported first-quarter 2013 net income of $57.1 million, up from a loss of $45.4 million in the first quarter of 2012. Sales totaled $208.7...
http://www.chemweek.com/home/top_of_the_news/PetroLogistics-earnings-up-on-propylene-spread_51485.html
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