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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
March 9, 2014
Sumitomo Chemical on Friday held an official inauguration ceremony for its solution-styrene butadiene rubber (SSBR) plant at Jurong Island, Singapore. The product is used to make...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-opens-SSBR-plant-in-Singapore_59420.html
March 9, 2014
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) announced today that its affiliate Sipchem Chemicals Co. plans to commission a polybutylene terephthalate (PBT)...
http://www.chemweek.com/home/top_of_the_news/Sipchem-PBT-plant-to-start-production-in-the-fourth-quarter_59419.html
March 9, 2014
Compact GTL (Abingdon, UK) has signed a $300-million agreement to build a first-of-its-kind gas-to-liquids (GTL) plant in Kazakhstan. The unit, the first commercial plant to be based...
http://www.chemweek.com/home/top_of_the_news/UK-firm-signs-agreement-to-build-modular-GTL-plant-in-Kazakhstan_59418.html
March 7, 2014
Bristol-Meyers Squibb is closing its manufacturing plant at Cruiserath, UK, by the end of next year, which will result in 130 layoffs. Another 30 jobs will go at the company’s...
http://www.chemweek.com/home/top_of_the_news/Bristol-Meyers-Squibb-to-close-pharma-plant-in-Ireland_59408.html
March 7, 2014
Bayer MaterialScience (BMS) has acquired DuPont’s Baytown, TX–based aniline production plant, BMS said earlier this week. Financial terms have not been disclosed. Aniline...
http://www.chemweek.com/home/top_of_the_news/Bayer-MaterialScience-buys-DuPonts-Baytown-aniline-plant_59405.html
March 7, 2014
Jim Ratcliffe, chairman of Ineos, says that much of the European chemical industry could close within the next decade. In today's open letter to José Manuel Barroso, president...
http://www.chemweek.com/home/top_of_the_news/Ineos-chairman-warns-that-Europes-chemical-industry-could-disappear-within-a-decade_59396.html
March 7, 2014
Brazil's demand for chemical products grew 7.1% in 2013 compared with 2012, exceeding GDP growth, 2.3%, during the same period, according to figures released by Abiquim (São...
http://www.chemweek.com/home/top_of_the_news/Brazils-demand-for-chemicals-up-7-1-percent-in-2013-but-production-up-just-1-6-percent_59401.html
March 7, 2014
BP said today that it has completed the previously announced buyout of its partners in Amoco Mitsui PTA Indonesia (AMI; Jakarta). BP says that on 28 February it completed the purchase...
http://www.chemweek.com/home/top_of_the_news/BP-takes-full-ownership-in-Indonesian-PTA-producer-may-upgrade-plant_59399.html
March 7, 2014
Shasun Pharmaceuticals (Chennai, India) and SeQuent Scientific (Bangalore, India) say that they today signed an agreement to form a joint venture to develop, manufacture, and sell...
http://www.chemweek.com/home/top_of_the_news/Shasun-Pharmaceuticals-and-SeQuent-form-global-animal-health-JV_59398.html
March 7, 2014
Igor Sechin, Rosneft's president and chairman of the board;, and Leonid Mikhelson, chairman of Sibur Holding’s board of directors, have signed a set of documents for supplies of...
http://www.chemweek.com/home/top_of_the_news/Rosneft-and-Sibur-sign-new-feedstock-supply-contracts_59397.html
March 7, 2014
Minerals Technologies (MTI) this morning submitted a $45/share bid for Amcol (Hoffman Estates, IL), raising the possibility of an intensified bidding war between it and Imerys for the...
http://www.chemweek.com/home/top_of_the_news/Minerals-Technologies-raises-Amcol-bid-to-$45share_59268.html
March 7, 2014
Evonik Industries (Essen, Germany) today reported a 63% drop in fourth-quarter net income, to €103 million ($142.8 million), on sales of €3.14 billion. Sales in the...
http://www.chemweek.com/home/top_of_the_news/Evonik-reports-lower-profits-and-revenues-expects-slight-improvement-in-2014_59394.html
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