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August 22, 2014
China CAMS Engineering, (Beijing), a subsidiary of China National Machinery Industry Corp., has been awarded a contract to build a petrochemical complex for Navoiazot (Navoi...
http://www.chemweek.com/home/top_of_the_news/Chinese-engineering-firm-awarded-PVC-plant-contract-in-Uzbekistan_63350.html
August 22, 2014
Resin Trade (Burton on Trent, UK), a polymer distribution company, has selected polyethylene (PE) bag manufacturer Duo UK to be the first UK-based company to produce mailing bags using...
http://www.chemweek.com/home/top_of_the_news/Duo-UK-to-produce-mailing-bags-using-Braskems-Green-PE_63349.html
August 22, 2014
Petróleos Mexicanos (Pemex; Mexico City), Mexico's national oil company, says that it has begun corporate restructuring in response to the recently announced energy reform...
http://www.chemweek.com/home/top_of_the_news/Mexicos-energy-reform-leads-Pemex-to-restructure-operations_63348.html
August 21, 2014
Petronas (Kuala Lumpur) has announced more contract awards for its $16 billion Refinery and Petrochemical Integrated Development (Rapid) project at Pengerang, Johor State, Malaysia...
http://www.chemweek.com/home/top_of_the_news/Petronas-awards-more-Rapid-contracts-Toyo-Engineering-gets-cracker_63185.html
August 21, 2014
The Federation of Thai Industries (FTI; Bangkok) is seeking soft loans from the government to help establish a bioplastics industry in Thailand. The FTI is meeting with the Finance...
http://www.chemweek.com/home/top_of_the_news/NatureWorks-seeking-soft-loans-to-establish-bioplastics-industry-in-Thailand_63331.html
August 21, 2014
PhosAgro (Moscow), a fertilizer major, today reported net profit increased 70% in the first six months of the year, to 8.1 billion Russian rubles ($231 million), on 6% higher sales of...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-results-benefit-from-strong-global-fertilizer-demand_63330.html
August 21, 2014
Vale (Rio de Janeiro) is progressing with plans to develop the Kronau potash mine in Canada. The company has awarded an engineering services contract to WorleyParsons for the project...
http://www.chemweek.com/home/top_of_the_news/Vale-progresses-potash-project-in-Canada-awards-contract-to-WorleyParsons_63329.html
August 21, 2014
Lenzing today reported Ebitda declined 29%, to €91.1 million ($121.9 million), in the first six months of 2014 on 9.1% lower sales of €900.0 million. Ebitda margin declined...
http://www.chemweek.com/home/top_of_the_news/Lenzing-reports-lower-sales-and-earnings-speeds-up-savings-plan_63328.html
August 21, 2014
PKN Orlen, Poland’s largest petrochemicals player, today announced that it will built an on-purpose propylene production facility at its Plock manufacturing complex. The company...
http://www.chemweek.com/home/top_of_the_news/PKN-Orlen-builds-on-purpose-propylene-plant-in-Poland_63332.html
August 20, 2014
Vopak posted a 15% fall in net profit for the first half of 2014 compared with the corresponding period of last year, to €138 million, on flat sales of €647 million. Ebitda...
http://www.chemweek.com/home/top_of_the_news/Strong-euro-dents-Vopaks-profits_63314.html
August 20, 2014
Uralchem (Moscow), a leading producer of nitrogen and phosphate fertilizers, has acquired a controlling stake in SIA Ventamonjaks, the largest liquid ammonia transhipment terminal in...
http://www.chemweek.com/home/top_of_the_news/Uralchem-subsidiary-acquires-Ventamonjaks_63310.html
August 20, 2014
Siluria Technologies (San Francisco) announced today that Saudi Aramco's venture investment subsidiary has become an equity investor in Siluria, a pioneer in commercial...
http://www.chemweek.com/home/top_of_the_news/Aramco-becomes-equity-investor-in-technology-firm-Siluria-studying-project_63313.html
August 20, 2014
Potash and magnesium products producer K+S (Kassel, Germany) has announced the extension of the contract of Norbert Steiner, chairman, until May 2017. His contract was scheduled to...
http://www.chemweek.com/home/top_of_the_news/K+S-reduces-size-of-executive-board-extends-contracts-of-chairman-and-CFO_63309.html
August 20, 2014
Frutarom (Haifa, Israel), a producer of flavors and fragrances, today reported second-quarter net income rose 44.5%, to $25.5 million, on 29% higher sales of $218.1 million. Ebitda was...
http://www.chemweek.com/home/top_of_the_news/Acquisitions-help-lift-Frutaroms-revenues-and-earnings_63308.html
August 20, 2014
AkzoNobel today broke ground on its previously announced decorative paints facility at Chengdu, China. Chengdu is the capital of Sichuan Province. The new facility is part of an...
http://www.chemweek.com/home/top_of_the_news/AkzoNobel-breaks-ground-on-decorative-paints-facility-in-China_63307.html
August 20, 2014
Firmenich (Geneva), the world's largest privately owned flavors and fragrances firm, has appointed Gilbert Ghostine as its new CEO, effective 1 October. Ghostine was most recently...
http://www.chemweek.com/home/top_of_the_news/Flavors-and-fragrances-firm-Firmenich-appoints-new-CEO_63306.html
August 20, 2014
ACC has released its monthly US chemical production regional index (US CPRI), showing a 0.4% increase over July following a downwardly revised 0.2% gain in June. ACC says manufacturing...
http://www.chemweek.com/home/top_of_the_news/ACC-US-chemical-production-up-in-July_63294.html
August 19, 2014
Jacobs Engineering says it has recently completed Huntsman pigments segment's new, €38-million ($50.7 million) iron sulfate plant at its titanium dioxide pigment manufacturing...
http://www.chemweek.com/home/top_of_the_news/Jacobs-completes-work-on-Huntsmans-iron-sulfate-plant-in-Italy_63292.html
August 19, 2014
The combined research budget of Germany's chemical industry soared to a record €10.5 bilion ($14.0 billion) in 2013, more than 8% higher than in the previous year, industry...
http://www.chemweek.com/home/top_of_the_news/Germanys-chemical-R-and-D-budget-soars-past-&euro10-billion_63291.html
August 19, 2014
PhosAgro (Moscow), says that its board of directors today reviewed the company’s interim consolidated financial results for the first six months of the year and Andrey Guryev...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-outlines-strategy-ups-fertilizer-sales-de-emphasizes-Indian-market_63293.html
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