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January 7, 2015
Bayer Corporation on Wednesday announced the appointment of Steven Immergut to a newly created senior position leading communications for the company's pharmaceutical business in the...
http://www.chemweek.com/home/top_of_the_news/Bayer-Corporation-names-new-v-p-and-head-of-pharma-communications_66638.html
January 7, 2015
Europe's toluene contract price for January has been settled at a more than five-and-a-half year low as aromatics markets continue to adjust to a changed upstream environment...
http://www.chemweek.com/home/top_of_the_news/Europes-January-toluene-contract-settled-at-five-year-low_66618.html
January 7, 2015
Idemitsu Kosan (Tokyo) and Showa Shell Sekiyu (Tokyo), two of Japan’s major oil refiners and producers of petrochemicals, are in tie-up discussions, the companies have announced...
http://www.chemweek.com/home/top_of_the_news/Idemitsu-Kosan-and-Showa-Shell-Sekiyu-in-tie-up-talks_66393.html
January 7, 2015
RPM today reported fiscal second-quarter net income of $69.8 million, up 9.8% year-on-year (YOY), on sales that were flat at $1.07 billion. Earnings totaled 52 cts/share, missing...
http://www.chemweek.com/home/top_of_the_news/RPM-misses-estimates-cuts-guidance-despite-rising-income_66617.html
January 7, 2015
Huntsman says it expects lower crude to benefit profitability and its business to improve in 2015.  “In an environment where oil prices are sustainably low, Huntsman Corp...
http://www.chemweek.com/home/top_of_the_news/Huntsman-expects-margin-benefit-from-lower-oil-prices_66613.html
January 7, 2015
Monsanto today reported a 35% slide in first-quarter profits due to lower corn acres in South America and a shift in timing of herbicide sales,  but said it continues to expect...
http://www.chemweek.com/home/top_of_the_news/Lower-corn-acres-stunt-Monsantos-first-quarter-results_66616.html
January 7, 2015
Shanghai Pret Composites says it plans to acquire Wellman Plastics Recycling (WPR; Johnsonville, SC) for $70.5 million in cash. WPR has two business units—engineering resins and...
http://www.chemweek.com/home/top_of_the_news/Chinese-firm-to-buy-Wellman-Plastics-Recycling-for-$71-million_66609.html
January 7, 2015
Mitsubishi Gas Chemical (MGC) says that it has started producing Iupizeta EP, a specialty polycarbonate resin, at the company’s manufacturing site at Niigata, Japan. Only...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Gas-Chemical-doubles-specialty-polycarbonate-resin-production-capacity_66608.html
January 7, 2015
Mexichem says that it has acquired from DuPont the distribution and sale license for pharmaceutical-grade hydrofluorocarbon (HFC)-227ea/P, a medical propellant. The purchase price was...
http://www.chemweek.com/home/top_of_the_news/Mexichem-acquires-distribution-and-sale-license-for-DuPont-pharmaceutical-grade-propellant_66605.html
January 7, 2015
BioAmber (Minneapolis), an industrial biotechnology company producing sustainable chemicals, says that CFO Andrew Ashworth retired on 31 December 2014 and Francois Laurin has been...
http://www.chemweek.com/home/top_of_the_news/BioAmber-appoints-new-CFO_66602.html
January 7, 2015
Honeywell says it has begun full-scale commercial production of HFO-1234ze, a new, low-global-warming-potential hydrofluorocarbon, at its fluorine products facility in Baton Rouge. The material is used as an aerosol propellant, insulating agent, and refrigerant....
http://www.chemweek.com/home/top_of_the_news/Honeywell-begins-producing-new-hydrofluorocarbon-at-Baton-Rouge_66580.html
January 7, 2015
A European Parliament committee has called on the European Commission, in a draft opinion, to “exclude any terms in the transatlantic trade and investment pact (TTIP) that would...
http://www.chemweek.com/home/top_of_the_news/European-Parliament-calls-for-chemical-regulations-ISDS-to-be-excluded-from-TTIP-negotiations_66575.html
January 6, 2015
Monsanto and FMC's agricultural segment say they have broadened their collaboration aimed at offering farmers pesticides. Under the terms of the agreement, the companies' Roundup Ready...
http://www.chemweek.com/home/top_of_the_news/Monsanto-and-FMC-expand-crop-protection-cooperation_66588.html
January 6, 2015
Agrium says it has signed a definitive agreement to sell its Niota and Meredosia, IL, storage and distribution facilities to subsidiaries of Trammo for approximately $50.0...
http://www.chemweek.com/home/top_of_the_news/Agrium-sells-two-Illinois-distribution-facilities_66587.html
January 6, 2015
Benzene contracts for January were settled in the United States last week at $2.20/gal ($658/m.t.), a steep, 35% decline from December’s $3.37/gal and the lowest value in more than five years, according to data from IHS Chemical....
http://www.chemweek.com/home/top_of_the_news/Benzene-contracts-settle-in-US-at-five-year-low_66579.html
January 6, 2015
China has canceled its system of quotas that restrict exports of rare earths in order to comply with a World Trade Organization (WTO; Geneva) ruling, press reports say. WTO, in August...
http://www.chemweek.com/home/top_of_the_news/China-cancels-rare-earth-export-quotas_66569.html
January 5, 2015
The Burkard-Schenker family, the largest shareholder of Sika (Baar, Switzerland), has filed a lawsuit with the cantonal court of Zug, Switzerland, to force an extraordinary...
http://www.chemweek.com/home/top_of_the_news/Report-Sika-majority-owner-files-lawsuit-to-push-through-sale-to-Saint-Gobain_66556.html
January 5, 2015
An arbitrage on benzene, which had opened up between the United States and Europe during the holiday period, closed rapidly today as traders returned to the market in bearish mood...
http://www.chemweek.com/home/top_of_the_news/US-Europe-benzene-arbitrage-window-shuts_66554.html
January 5, 2015
Borealis is appealing a decision issued by the Finnish tax authority requesting the company to pay €281.7 million ($335.9 million) on behalf of a subsidiary regarding the year...
http://www.chemweek.com/home/top_of_the_news/Borealis-appeals-&euro282-million-Finnish-tax-bill_66552.html
January 5, 2015
Equate Petrochemical, a joint venture among Petrochemical Industries Co. (Kuwait City), Dow Chemical, Boubyan Petrochemical Co., and Qurain Petrochemical Industries, today...
http://www.chemweek.com/home/top_of_the_news/Equate-completes-turnaround-and-first-phase-of-polyethylene-expansion-project_66537.html
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