IHS Chemical Week

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January 4, 2016
DuPont notified employees today that approximately 1,700 positions will be cut from its Delaware-based workforce in early 2016, ahead of its previously announced megamerger with Dow...
http://www.chemweek.com/home/top_of_the_news/DuPont-to-cut-1700-jobs-in-Delaware_76098.html
December 29, 2015
Current indications from the benzene spot market point to a very small decrease in Europe's contract price for January in dollar terms—larger in euros because the euro-dollar...
http://www.chemweek.com/home/top_of_the_news/Benzene-spot-prices-jump-in-Europe-ahead-of-January-contract-settlement_76097.html
December 29, 2015
China's import volumes of styrene and para-xylene (p-xylene) rebounded in November, according to statistics for Chinese imports obtained by IHS Chemical. November data show that...
http://www.chemweek.com/home/top_of_the_news/China-styrene-p-xylene-imports-rebound_76094.html
December 29, 2015
Petrobras and Braskem have agreed on a new long-term naphtha supply agreement, under which Petrobras will provide 7 million m.t./year to Braskem, the two companies say. The contract...
http://www.chemweek.com/home/top_of_the_news/Braskem-Petrobras-sign-long-term-naphtha-supply-agreement_76088.html
December 29, 2015
Sumitomo Chemical says that it will increase the production capacity for touchscreen panels for organic LED OLED display panels at the site of Dongwoo Fine-Chem (Pyeongtaek, South...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-to-expand-touchscreen-panel-production-capacity-in-South-Korea_76087.html
December 29, 2015
Dow Chemical announced on Wednesday that it has finalized the transaction to sell its ownership interest in MEGlobal (Dubai) to Equate Petrochemical Co. and has received $1.5 billion...
http://www.chemweek.com/home/top_of_the_news/Dow-finalizes-sale-of-MEGlobal-to-Equate_76061.html
December 24, 2015
The boards of Den Hartogh Holding (Rotterdam) and InterBulk Group (Hull, UK) have reached an agreement for Den Hartogh to acquire InterBulk. The companies have complementary strengths...
http://www.chemweek.com/home/top_of_the_news/Den-Hartogh-acquires-InterBulk-creating-top-three-chemicals-logistics-company_76062.html
December 23, 2015
BASF has selected Jacobs as its global engineering partner. Under a three-year contract, Jacobs is providing engineering, procurement, and construction management (EPCM) and integrated...
http://www.chemweek.com/home/top_of_the_news/BASF-selects-Jacobs-as-global-engineering-partner_76041.html
December 23, 2015
Solenis has completed the acquisition of Quimatec Produtos Químicos (Araraquara, Brazil), a manufacturer of specialty chemicals for the sugar and ethanol processing industry...
http://www.chemweek.com/home/top_of_the_news/Solenis-completes-acquisition-of-Quimatec-Produtos-Quimicos_76046.html
December 23, 2015
In its latest annual World Oil Outlook (WOO) published on Wednesday, OPEC assumes the price of oil rising to $70/bbl in 2020 and $95/bbl in 2040, expressed in 2014 prices. These...
http://www.chemweek.com/home/top_of_the_news/OPEC-Oil-price-likely-to-rise-to-$70bbl-by-2020_76044.html
December 23, 2015
Royal Dutch Shell says it expects 2016 capital investment for the combined Shell and BG Group (Reading, UK), which Shell is acquiring, to be around $33 billion in current market...
http://www.chemweek.com/home/top_of_the_news/Shell-plans-big-cost-cuts-as-part-of-BG-Group-acquisition_76043.html
December 23, 2015
Indorama Ventures (Bangkok) on Wednesday informed the Stock Exchange of Thailand that it has completed the previously announced acquisition of polyethylene terephthalate (PET)...
http://www.chemweek.com/home/top_of_the_news/Indorama-completes-acquisition-of-PET-producer-in-India_76042.html
December 23, 2015
Uralkali (Berezniki, Russia), one of the largest potash producers, has announced that following  open market buyback program announced on 23 November 2015, the listing and...
http://www.chemweek.com/home/top_of_the_news/Uralkali-delists-from-London-Stock-Exchange_76040.html
December 23, 2015
Chambal Fertilisers and Chemicals (Mumbai) has announced plans to sell its noncore shipping business to fund a world-scale fertilizer project at its Gadepan, Rajasthan State, India...
http://www.chemweek.com/home/top_of_the_news/Chambal-Fertilisers-to-sell-shipping-business-to-fund-ammonia-urea-project_76039.html
December 23, 2015
Sibur (Moscow), Russia’s largest petrochemicals producer, on Wednesday announced that a Sinopec representative has joined Sibur’s board of directors. The move Sinopec...
http://www.chemweek.com/home/top_of_the_news/Sinopec-representative-joins-Sibur-board-of-directors_76038.html
January 4, 2016
CB&I said on Tuesday that it has been awarded a contract by Hengli Petrochemical (Dalian) Refinery to provide its Catofin technology. The project scope includes the license and...
http://www.chemweek.com/home/top_of_the_news/Hengli-to-use-Catofin-technology-to-build-largest-dehydrogenation-plant_76018.html
January 4, 2016
Celanese announced on 21 December that it has entered into a memorandum of understanding with Push Group (Yibin, China), a wholly owned subsidiary of Sichuan Wuliangye Group, to form a...
http://www.chemweek.com/home/top_of_the_news/Celanese-and-China-based-Sichuan-Wuliangye-to-form-JV-for-cellulose-acetate-based-specialty-products_76012.html
December 29, 2015
Agrium has announced the completion of its proving run for a 1-million m.t./year expansion at its Vanscoy, SK potash facility. The Canpotex (Saskatoon, SK) proving run has established...
http://www.chemweek.com/home/top_of_the_news/Agrium-completes-potash-expansion-raises-Canpotexs-tonnage_76013.html
December 22, 2015
Europe's cyclohexane delta for the first quarter of 2016 has been agreed on at €130/m.t. ($142.41), down €3 from the current quarter. The decrease reflects the current...
http://www.chemweek.com/home/top_of_the_news/Europe-cyclohexane-first-quarter-delta-settles-at-&euro130m-t-imports-set-to-increase-for-2016_76020.html
December 22, 2015
In the latest twist in a long-running saga, ChemChina is proposing a two-stage acquisition of Syngenta, according to a Bloomberg report. The news agency said on Friday that the...
http://www.chemweek.com/home/top_of_the_news/Reports-ChemChina-proposes-two-stage-Syngenta-takeover_75994.html
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