IHS Chemical Week

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February 3, 2015
Sumitomo Chemical says that it will acquire the compound semiconductor materials business of Hitachi Metals (Tokyo). The acquisition is expected to be completed on 1 April. Financial...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-to-acquire-compound-semiconductor-materials-business-of-Hitachi-Metals_67434.html
February 3, 2015
The petrochemical business of Idemitsu Kosan reports an operating loss of ¥8.5 billion ($73 million) in the fiscal first nine months ended 31 December 2014, compared with an...
http://www.chemweek.com/home/top_of_the_news/Idemitsu-Kosans-petrochemical-business-reports-an-operating-loss_67449.html
February 3, 2015
Air Liquide says that it has entered into a long-term agreement in Australia with Nyrstar (Balen, Belgium), an integrated mining and metals company. Air Liquide will invest €60.0...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-to-build-ASU-in-Australia_67433.html
February 3, 2015
Tosoh's net profits for the company's fiscal first nine months, ended 31 December 2014, more than doubled compared with the year-ago period, to ¥52.5 billion ($446.4 million)...
http://www.chemweek.com/home/top_of_the_news/Tosoh-reports-huge-rise-in-profits_67431.html
February 3, 2015
Dow says gross proceeds from both divestitures will total more than $1.4 billion. Separately, Dow announced 31 January that it has completed its acquisition of Coodetec’s seed business, a leading supplier of corn and soybean genetics in Brazil. Coodetec also provides Dow with entry in the wheat market in Brazil....
http://www.chemweek.com/home/top_of_the_news/Dow-finalizes-sale-of-Angus-and-sodium-borohydride-completes-Brazil-seeds-acquisition_67446.html
February 3, 2015
Ube Industries reports a 46.8% fall in net profits for its fiscal first nine months, ended 31 December 2014, compared with the year-ago period, to ¥5.1 billion ($43.6 million)...
http://www.chemweek.com/home/top_of_the_news/Ube-reports-fall-in-profits_67445.html
February 3, 2015
Bernard Pinatel, currently CEO of Bostik, has been appointed a member of Arkema’s executive committee. Arkema says that it completed the previously announced acquisition of...
http://www.chemweek.com/home/top_of_the_news/Arkema-completes-acquisition-of-Totals-adhesives-subsidiary-Bostik_67428.html
February 2, 2015
Tosoh reports a 2.8% decrease in net profits for the company's fiscal first half ended 30 September 2014 compared with the year-ago period, to ¥13.7 billion ($123 million)...
http://www.chemweek.com/home/top_of_the_news/Tosoh-reports-fall-in-profits_65014.html
February 2, 2015
H.B. Fuller says that it has finalized the previously announced acquisition of Tonsan Adhesive (Beijing), the largest independent engineering adhesives provider in China. Fuller has...
http://www.chemweek.com/home/top_of_the_news/H-B-Fuller-completes-acquisition-of-Chinese-firm-Tonsan-Adhesive_67413.html
February 2, 2015
The United Steelworkers Union—which represents unionized workers at 230 US refineries, chemical plants, pipelines, and terminals—called a strike on 1 February at nine US refineries and chemical plants after failing to reach an agreement for a new three-year labor contract by that day's deadline....
http://www.chemweek.com/home/top_of_the_news/USW-calls-strike-at-nine-US-refineries-and-chemical-plants_67417.html
February 2, 2015
FMC says it has acquired all global rights to a novel, proprietary herbicide from Kumiai Chemical Industry and Ihara Chemical Industry. FMC says the new herbicide is highly effective...
http://www.chemweek.com/home/top_of_the_news/FMC-acquires-rights-to-novel-herbicide_67409.html
February 2, 2015
PhosAgro (Moscow) today announced its production results for 2014, with total volumes up 3.7%, to 6.2 million m.t. Of this, phosphates accounted for 4.8 million m.t., up 3.2% compared...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-reports-higher-production-and-sales-optimistic-about-2015_67408.html
February 2, 2015
EuroChem (Zug, Switzerland), one of the world’s leading producers of fertilizers, says it remains on track with a fertilizer project it is planning in Louisiana. The company...
http://www.chemweek.com/home/top_of_the_news/EuroChem-still-considering-Louisiana-project-but-Russia-could-become-attractive-alternative_67407.html
February 2, 2015
Specialty chemicals company Vertellus (Indianapolis) says that it today closed its previously announced acquisition of Dow Chemical’s sodium borohydride business. With a...
http://www.chemweek.com/home/top_of_the_news/Vertellus-completes-purchase-of-Dows-sodium-borohydride-business_67405.html
February 2, 2015
At 49.7, HSBC's China Manufacturing Purchasing Managers’ Index (PMI) in January shrank for a second straight month but was fractionally higher versus 49.6 in December, the bank...
http://www.chemweek.com/home/top_of_the_news/HSBCs-China-PMI-shrinks-for-a-second-month-running-in-January_67389.html
February 2, 2015
IHS Chemical confirms the Asian para-xylene (p-xylene) contract price for February has been settled at $710/m.t. cfr, the first settlement since October 2014, when it was fixed at...
http://www.chemweek.com/home/top_of_the_news/Asian-February-p-xylene-contract-settles-for-first-time-since-October_67402.html
February 2, 2015
Mesaieed Petrochemical Holding (Doha), a subsidiary of Qatar Petroleum and one of the region’s largest diversified petrochemical conglomerates, today announced its financial...
http://www.chemweek.com/home/top_of_the_news/Drops-in-petchem-volumes-prices-and-shutdown-at-QVC-hurt-Mesaieeds-results_67401.html
February 2, 2015
Lubrizol says that it has acquired EcoQuimica Industria e Comercio Produtos Quimica (Paulínia, Brazil), a manufacturer and supplier of coatings technology for products sold into...
http://www.chemweek.com/home/top_of_the_news/Lubrizol-acquires-Brazilian-firm-EcoQuimica_67400.html
February 2, 2015
Qatar Fertilizer Co. (Qafco; Doha), a major producer of fertilizers, has awarded a six-year services contract to the downstream technology solutions business of GE's oil and gas...
http://www.chemweek.com/home/top_of_the_news/Qafco-awards-services-and-equipment-contract-to-GE_67399.html
February 2, 2015
France’s agriculture minister, Stéphane Le Foll, has launched an ambitious plan to cut the use of synthetic crop protection chemicals by 25% by 2020 and 50% by 2025. The...
http://www.chemweek.com/home/top_of_the_news/France-launches-plan-to-cut-use-of-crop-protection-chemicals_67396.html
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