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Archives :: World News and Views :: Top of the News
Displaying 181 - 200 of 6798 stories.
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. ...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 April 26, 2013
PetroChina says that demand for refined products in the first quarter of this year was weak, while the petrochemicals market remained depressed. China’s GDP experienced a...http://www.chemweek.com/home/top_of_the_news/PetroChina-widens-first-quarter-chemical-losses-appoints-new-chairman_51523.html April 26, 2013
Despite recent swings in the price of propylene and the prospect of increased propane exports, the near-term outlook for the profitability of propane dehydrogenation is good, says...http://www.chemweek.com/home/top_of_the_news/Favorable-outlook-for-PDH-margins-Lumpkins_51492.html April 26, 2013
BASF today reported a 15% drop in first-quarter net income, to €1.45 billion ($1.89 billion), and Ebit 16.5% lower, at €2.17 billion. Special income from the divestment...http://www.chemweek.com/home/top_of_the_news/BASF-reports-lower-first-quarter-net-income-on-higher-sales-confirms-2013-outlook_51520.html April 26, 2013
Cabot says that the board of its joint venture carbon black company, Cabot Malaysia (Port Dickson), has decided to cease carbon black production at its Port Dickson facility by the end...http://www.chemweek.com/home/top_of_the_news/Cabot-to-close-carbon-black-facility-in-Malaysia_51519.html April 26, 2013
Georgia-Pacific (Atlanta) plans to acquire Buckeye Technologies (Memphis, TN) in a $1.5-billion deal including debt, the companies have announced. The transaction will result in...http://www.chemweek.com/home/top_of_the_news/Georgia-Pacific-to-acquire-chemical-cellulose-manufacturer-in-$1-5-billion-deal_51518.html April 25, 2013
Occidental Chemical (OxyChem), the chemical segment of Occidental Petroleum, has reported a year-on-year (YOY) decline in earnings for the first quarter. OxyChem earnings for the first...http://www.chemweek.com/home/top_of_the_news/OxyChem-earnings-down-on-demand-costs_51454.html April 25, 2013
Methanex (Vancouver) reports quarterly and year-on-year earnings improvement for the first quarter of 2013, citing higher pricing. Adjusted net income of 92 cts/share easily exceeded...http://www.chemweek.com/home/top_of_the_news/Methanex-reports-strong-earnings-announces-second-plant-relocation-from-Chile_51450.html |
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