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July 15, 2015
The UK government on Tuesday decided against a public inquiry into the £2 billion ($4.7 billion) potash project planned for the North York Moors national park. The York potash...
http://www.chemweek.com/home/top_of_the_news/UK-government-rules-out-public-inquiry-into-York-Potash-project_72185.html
July 15, 2015
South Korea’s exports of benzene increased significantly in the first half of 2015 compared with the same timeframe in 2014, according to data obtained by IHS Chemical. Total...
http://www.chemweek.com/home/top_of_the_news/South-Koreas-benzene-exports-surge-in-first-half-of-2015_72169.html
July 15, 2015
Ingevity will be the new name of MWV Specialty Chemicals, effective 1 September. The business is expected to be spun off from WestRock, the name of the combined MeadWestvaco and...
http://www.chemweek.com/home/top_of_the_news/MWV-Specialty-Chemicals-renamed-Ingevity_72162.html
July 15, 2015
The toluene arbitrage window between Asia and the United States is open, but it is unlikely that further Asian cargoes will head to the United States because of a backwardated market...
http://www.chemweek.com/home/top_of_the_news/Risk-tight-supply-make-toluene-arbitrage-window-to-the-US-difficult-to-work_72147.html
July 15, 2015
Ineos says that its dispute with Sinopec over the use of what Ineos claims to be its technology to produce acrylonitrile in plants in China, which were not licensed by Ineos, is about...
http://www.chemweek.com/home/top_of_the_news/Ineos-puts-Chinese-phenol-project-on-hold-about-to-resolve-acrylo-technology-dispute-with-Sinopec_72151.html
July 15, 2015
Jim Ratcliffe inspects one of two shale gas carriers Ineos held a ship naming ceremony Tuesday at Qidong, China, near Shanghai, in the latest landmark of the company's $1-billion...
http://www.chemweek.com/home/top_of_the_news/Ineos-names-ships-built-to-carry-shale-gas-from-the-US-to-Europe_72127.html
July 15, 2015
LSB Industries says the ongoing expansion of the company's El Dorado, AR, facility remains on schedule, but that the company now expects the project to cost $560-575 million, up from an earlier estimate of $495-520 million. LSB aims to bring the new nitric acid plant and concentrator online by the end of the third quarter, and the 375,000-m.t./year ammonia plant onstream in the first quarter of 2016....
http://www.chemweek.com/home/top_of_the_news/LSBs-El-Dorado-expansion-on-schedule-cost-higher-by-$55-million_72146.html
July 14, 2015
Saudi Arabian Mining Co. (Ma’aden) reported a 27% slide in second-quarter net earnings to 270.0 million Saudi riyals ($71.99 million). Net earnings in the six-month period ended...
http://www.chemweek.com/home/top_of_the_news/Maaden-reports-decline-in-second-quarter-earnings_72150.html
July 14, 2015
Maire Tecnimont’s subsidiary Kinetics Technology (KT) has been awarded an engineering, procurement and construction contract by Lotos Asfalt, a subsidiary of Grupa Lotos, to...
http://www.chemweek.com/home/top_of_the_news/Tecnimont-awarded-contract-to-upgrade-a-refinery-in-Poland_72149.html
July 14, 2015
Bayer CropScience and Evonik have agreed to build two plants in Mobile, AL, that will make a precursor for glufosinate ammonium, Bayer’s herbicide Liberty. The partners say they expect to complete the project in mid-2017 for a cost of over $200 million....
http://www.chemweek.com/home/top_of_the_news/Bayer-Evonik-agree-to-$200-million-project-for-herbicide-precursor-at-Mobile-AL_72028.html
July 14, 2015
Total today announced the startup of its largest lubricants oil blending plant worldwide, located in Singapore. The 310,000-m.t./year facility will boost Total’s lubricants...
http://www.chemweek.com/home/top_of_the_news/Total-commissions-in-Singapore-its-largest-lubricants-plant_71871.html
July 14, 2015
The board of Indian Oil Corp. (New Delhi) has approved construction of previously announced world-scale para-xylene, ethylene glycol (EG), and purified terephthalic acid (PTA) plants...
http://www.chemweek.com/home/top_of_the_news/Indian-Oil-board-approves-large-p-xylene-EG-PTA-projects-at-Paradip_71958.html
July 14, 2015
Technip (Paris), Europe’s largest engineering and construction firm and one of the largest worldwide players, announced today that in anticipation of an even more challenging...
http://www.chemweek.com/home/top_of_the_news/Technip-restructures-cuts-jobs-to-cope-with-downturn-in-oil-gas-industry_71946.html
July 14, 2015
CVC Capital Partners, continuing its gradual withdrawal from its Evonik investment, is selling 15 million shares in the German specialty chemicals company for about €520.0 million...
http://www.chemweek.com/home/top_of_the_news/CVC-cuts-stake-in-Evonik-Industries_72136.html
July 14, 2015
Hydraulic fracturing (fracking) continued to grow worldwide in 2014, primarily in North America, driving growth in the world market for oilfield specialty chemicals. At the service...
http://www.chemweek.com/home/top_of_the_news/IHS-Oilfield-chemicals-market-reached-$25-billion-last-year-oil-price-decline-slows-growth_72130.html
July 14, 2015
A fire broke out at LyondellBasell Industries' complex at Berre, France, at about 3 am local time Tuesday, the company says in a statement. The fire was at two storage tanks containing...
http://www.chemweek.com/home/top_of_the_news/Fire-breaks-out-at-LyondellBasell-site-in-France_72131.html
July 14, 2015
Huntsman Corp. says that it has appointed Rohit Aggarwal as the v.p. and managing director/Indian Subcontinent, effective 1 July. Aggarwal succeeds Steve Stilliard, who will return to...
http://www.chemweek.com/home/top_of_the_news/Huntsman-appoints-head-of-India-operations_72128.html
July 14, 2015
Mangalore Refinery and Petrochemicals Ltd. (MRPL; Mangalore, India), a subsidiary of Oil and Natural Gas Corp. (ONGC; New Delhi) says that it will acquire the shares it does not...
http://www.chemweek.com/home/top_of_the_news/MRPL-to-acquire-remaining-shares-in-OMPL-aromatics-project_72079.html
July 14, 2015
Albemarle will cease production of n-butyllithium at New Johnsonville, TN, by the first quarter of 2016 and shift production to existing plants in Germany and Taiwan. The New Johnsonville facility will continue to manufacture some specialty lithium products, says the company. The facility will support blending operations for customers in North America....
http://www.chemweek.com/home/top_of_the_news/Albemarle-to-consolidate-butyllithium-production-in-Germany-Taiwan_72122.html
July 13, 2015
Engineering and construction firm Jacobs Engineering has appointed Steven Demetriou as president and CEO. He will also be elected to the Board. Demetriou will start in his new role on...
http://www.chemweek.com/home/top_of_the_news/Jacobs-appoints-new-president-and-CEO_72123.html
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