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March 20, 2014
Solvay says it has decided to cease production of sodium percarbonate (SPC) products at Warrington, UK by the end of next month. The Warrington site will focus on extending its...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-close-sodium-percarbonate-plant-in-UK_59687.html
March 20, 2014
Foster Wheeler announced today that it has signed an asset purchase agreement with Siemens Energy to acquire the Siemens Environmental Systems and Services business that supplies and...
http://www.chemweek.com/home/top_of_the_news/Foster-Wheeler-to-acquire-Siemens-Environmental-business_59686.html
March 20, 2014
Air Products says that it has been awarded another major contract by Samsung Electronics to supply complete bulk specialty gas and chemical delivery systems in support of its fab at...
http://www.chemweek.com/home/top_of_the_news/Air-Products-awarded-gases-contract-by-Samsung-Electronics-for-memory-fabrication-facility-in-China_59679.html
March 20, 2014
Johnson Matthey Davy Technologies (JM Davy) and Rennovia (Menlo Park, CA), a start-up developing catalytic processes to produce chemicals from renewable resources, announced today that...
http://www.chemweek.com/home/top_of_the_news/Johnson-Matthey-Davy-Technologies-and-Rennovia-to-develop-biobased-glucaric-and-adipic-acid-technologies_59685.html
March 20, 2014
Lanxess today said it expects first quarter 2014 Ebitda pre-exceptionals to reach around €200 million ($276.6 million), up from €174 million in the year-earlier period, which...
http://www.chemweek.com/home/top_of_the_news/Lanxess-expects-a-better-first-quarter-and-full-year-after-a-challenging-2013_59684.html
March 20, 2014
DIC (Tokyo) says that its wholly owned subsidiary Sun Chemical (Parsippany, NJ) will build a new plant for liquid inks for packaging applications in the Alia─ča Organize Sanayi...
http://www.chemweek.com/home/top_of_the_news/DIC-to-build-liquid-inks-plant-for-packaging-applications-in-Turkey_59681.html
March 20, 2014
Lanxess says it has divested its wholly-owned subsidiary Perlon-Monofil (Dormagen, Germany) to the Serafin Group (Munich) for an undisclosed amount. The transaction closes with...
http://www.chemweek.com/home/top_of_the_news/Lanxess-sells-Perlon-Monofil-subsidiary-to-Serafin-Group_59680.html
March 19, 2014
The UK chemical industry has welcomed the UK government's decision, announced today, to freeze the country's carbon price floor—a carbon tax—at 2015 levels for the rest of...
http://www.chemweek.com/home/top_of_the_news/UK-chemical-industry-applauds-government-decision-to-freeze-carbon-price-floor_59678.html
March 19, 2014
Dow Chemical said today at an investor meeting in Saudi Arabia today that it has increased its asset sale target by $1.5–2.0 billion, lifting expected proceeds to $4.5–6.0 billion....
http://www.chemweek.com/home/top_of_the_news/Dow-increases-divestiture-target-to-$4-5-6-0-billion_59662.html
March 19, 2014
The European Commission has welcomed Wacker Chemie's agreement with the Ministry of Commerce (Mofcom; Beijing) that has terminated an antidumping and antisubsidy investigation by...
http://www.chemweek.com/home/top_of_the_news/EU-welcomes-Wacker-deal-to-resolve-polysilicon-antidumping-spat-with-China_59661.html
March 19, 2014
Brenntag has posted a slight increase in 2013 profit after tax, to €339 million, on sales almost 1% higher, at €9.8 billion. Gross profit increased 1% last year, to...
http://www.chemweek.com/home/top_of_the_news/Brenntags-earnings-sales-edge-higher-in-tough-market-conditions_59659.html
March 19, 2014
Minda Ho: New ASU will also serve other customers in the Shanghai Chemical Industry Park. Shanghai Chemical Industry Park Industrial Gases Co. (Scipig) has been recently awarded a...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-Praxair-JV-awarded-gas-supply-contract-by-Shanghai-Secco-Petrochemical_59636.html
March 18, 2014
In the next few weeks, the direction will be set at Brussels and Berlin for the future of the German chemical industry, chemical trade association VCI (Frankfurt) says. The...
http://www.chemweek.com/home/top_of_the_news/Energy-policy-decisive-for-the-future-of-the-German-chemical-industry_59641.html
March 18, 2014
FMC says it expects first-quarter 2014 operating profit in its agricultural solutions segment decline in the mid-20% range year-on-year because of cold weather in North...
http://www.chemweek.com/home/top_of_the_news/FMC-predicts-weaker-first-quarter-agricultural-results-due-to-cold-weather_59646.html
March 18, 2014
Sibur (Moscow) reports a 15.2% decrease in adjusted net profit for 2013, to 50.9 billion rubles, on revenue down 0.6%, to R269.8 billion. Petrochemical products accounted for R116...
http://www.chemweek.com/home/top_of_the_news/Sibur-posts-lower-sales-and-earnings-on-weak-synthetic-rubber-business_59644.html
March 18, 2014
Agrochemical firm Nufarm (Melbourne) announced today that, as part of a reorganization of its Australian operations, the company will permanently close its plants located at Welshpool...
http://www.chemweek.com/home/top_of_the_news/Nufarm-to-close-two-plants-in-Australia-mulls-restructuring-of-New-Zealand-operations_59640.html
March 18, 2014
Wacker Chemie has provided more details on its strategies following the recent announcement of the company’s preliminary results. Addressing a press briefing at Munich this...
http://www.chemweek.com/home/top_of_the_news/Wacker-expects-better-sales-and-earnings-in-2014-signs-polysilicon-deal-with-China_59645.html
March 17, 2014
Linde says that group revenue rose to €16.7 billion ($23.2 billion), or 5.2%, and group operating profit increased by 7.6% to €3.96 billion, in full-year 2013. The company...
http://www.chemweek.com/home/top_of_the_news/Linde-increases-sales-and-profit_59619.html
March 17, 2014
CF Industries announced today that it has completed the previously announced sales of its phosphate business to Mosaic for $1.4 billion—approximately $1 billion net of taxes and...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-completes-phosphates-sale-to-Mosaic-for-$1-4-billion_59622.html
March 17, 2014
Momentive Specialty Chemicals has narrowed the potential location of its planned forest product facility in Brazil to the states of Rio Grande do Sul, Santa Catarina, and Parana, the company says....
http://www.chemweek.com/home/top_of_the_news/Momentive-narrows-site-selection-for-forest-product-facility-in-Brazil_59618.html
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