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March 12, 2014
Trinseo, formerly Styron, reports net income for the 2013 fourth quarter of $10.6 million, up from a loss of $507,000 in the year-ago period. Adjusted Ebitda more than doubled, to $109 million, the result of improved styrene production margins and an additional $10 million in 2013 dividends from the Americas Styrenics joint venture....
http://www.chemweek.com/home/top_of_the_news/TrinseoStyron-swings-to-profit_59475.html
March 12, 2014
Avance Gas Holding, which operates in the global market for transportation of liquefied petroleum gas (LPG), today announced that it is planning an initial public offering (IPO) of...
http://www.chemweek.com/home/top_of_the_news/Avance-Gas-plans-IPO-to-list-on-Oslo-Stock-Exchange_59492.html
March 12, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, reports a net loss of $9.81 million in the fourth quarter of 2013 compared...
http://www.chemweek.com/home/top_of_the_news/Codexis-narrows-loss_59490.html
March 12, 2014
Hanwha Chemical (Seoul), a producer of chlor-alkalis, polyethylene and polyvinyl chloride, as well as a major player in the solar energy, is in early stages of assessing the...
http://www.chemweek.com/home/top_of_the_news/Hanwha-Chemical-eyeing-Dows-chlor-alkali-assets-in-North-America_59489.html
March 12, 2014
DSM and private equity firm JLL Partners (New York) say that they have created DPx Holdings, a new privately held company, by combining DSM Pharmaceutical Products (Parsippany, NJ)...
http://www.chemweek.com/home/top_of_the_news/DSM-and-JLL-create-$2-billion-pharma-services-firm-DPx_59488.html
March 11, 2014
FMC has announced plans to separate into two independent public companies: New FMC, which will comprised FMC's agricultural solutions and health and nutrition segments; and FMC...
http://www.chemweek.com/home/top_of_the_news/FMC-to-split-into-two-public-companies-update_59433.html
March 11, 2014
Johnson Matthey says it has signed a contract with coke oven operator Qianan HongAo Industrial Trade, to provide technology, engineering, catalyst, and technical services to be used in...
http://www.chemweek.com/home/top_of_the_news/Johnson-Matthey-signs-LNG-plant-contract-in-China_59464.html
March 11, 2014
Toyo Engineering announced today that it has been awarded a regasification plant contract by Petronet LNG India. The plant will be constructed at Dahej, Gujarat State, India. The...
http://www.chemweek.com/home/top_of_the_news/Toyo-Engineering-awarded-LNG-terminal-contract-in-India_59463.html
March 11, 2014
Sibur said today that its Tobolsk-Polymer (Tobolsk, Russia) unit has obtained the European Union’s Registration, Evaluation, Authorization, and Restriction of chemicals (Reach)...
http://www.chemweek.com/home/top_of_the_news/Siburs-products-from-Tobolsk-gain-access-to-EU-market-with-Reach-certification_59461.html
March 11, 2014
Ineos and Solvay have added assets at Wilhelmshaven, Germany, and they may have to add assets at Runcorn, UK, to the revised package of divestments submitted to the European Commission...
http://www.chemweek.com/home/top_of_the_news/Ineos-Solvay-add-assets-in-Germany-and-possibly-UK-to-divestment-package-for-EU-approval-of-chlorvinyls-JV_59471.html
March 10, 2014
DuPont said today that it still expects to post full-year 2014 operating earnings of $4.20-$4.45/share despite “challenged” first-quarter earnings and revenue growth due to winter storms in North America and business disruptions in the Ukraine....
http://www.chemweek.com/home/top_of_the_news/DuPont-maintains-2014-forecast-despite-"challenged"-first-quarter_59456.html
March 10, 2014
Minerals Technologies today announced that it has entered into an agreement to buy Amcol (Hoffman Estates, IL) for about $1.7 billion, or $45.75/share in cash, ending a weeks-looking...
http://www.chemweek.com/home/top_of_the_news/MTI-to-acquire-Amcol_59437.html
March 10, 2014
Vopak says that it has signed an equity transfer agreement with Xianglu Petrochemical Zhangzhou (Zhangzhou, China), a subsidiary of Xianglu Petrochemicals (Xiamen, China), under which...
http://www.chemweek.com/home/top_of_the_news/Vopak-acquires-30-percent-stake-in-petrochemical-terminal-in-China_59434.html
March 10, 2014
An escalation of the political conflict between Russia and Ukraine risks disrupting the production and exports of fertilizers and ammonia from the Black Sea, which could create fears...
http://www.chemweek.com/home/top_of_the_news/IHS-Russia-Ukraine-standoff-could-disrupt-nitrogen-fertilizer-market_59432.html
March 10, 2014
Bayer MaterialScience (BMS) said today that it has inaugurated a new coatings, adhesives, and specialties laboratory at DuBiotech premises in Dubai, United Arab Emirates. This...
http://www.chemweek.com/home/top_of_the_news/Bayer-MaterialScience-opens-application-and-development-laboratory-in-Dubai_59430.html
March 10, 2014
The share of renewable energy in the gross final energy consumption of the 28 states in the European Union (EU 28) reached 14.1% in 2012, Eurostat, the European statistics office...
http://www.chemweek.com/home/top_of_the_news/Renewable-energy-reaches-14-1-percent-of-total-EU-energy-consumption_59435.html
March 10, 2014
Adama Agricultural Solutions (Tel Aviv), formerly known as Makhteshim Agan Industries, reports a net loss of $29.1 million in the fourth quarter of 2013 compared with a net loss of...
http://www.chemweek.com/home/top_of_the_news/Adama-net-loss-widens_59428.html
March 10, 2014
SGL Group (Wiesbaden, Germany) today reported a major drop in sales and profits for full-year 2013 mainly on the back of lower prices. Sales declined 10%, to €1.48 billion ($2.05...
http://www.chemweek.com/home/top_of_the_news/SGL-Group-reports-slide-in-sales-and-profits-continues-with-restructuring_59427.html
March 10, 2014
Sasol reports a 4.84% rise in profits for its fiscal first-half ended 31 December 2013 compared with the year-ago period, to 13.2 billion rand ($1.22 billion). First-half sales...
http://www.chemweek.com/home/top_of_the_news/Sasol-reports-rise-in-first-half-profits-and-sales_59424.html
March 10, 2014
Geraldine Matchett. DSM says that its supervisory board will propose to appoint Geraldine Matchett as member of the managing board of directors as of 1 August. She will then become CFO...
http://www.chemweek.com/home/top_of_the_news/DSM-to-appoint-new-CFO_59423.html
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