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February 24, 2015
Westlake Chemical Partners LP (Houston) reports net income of $8.6 million on sales of $274 million for the fourth quarter of 2014. The period was the first full quarter for the business, a master limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities. Earnings of 32 cts per limited partner unit were short of the analysts’ consensus estimate of 34 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/home/top_of_the_news/Westlake-ethylene-MLP-reports-net-income-of-$8-6-million-for-its-first-full-quarter_68048.html
February 24, 2015
Specialty chemicals producer Elementis (London) today announced its results for 2014. Group sales were 2% higher than a year ago, reaching $790.4 million with no material impact from...
http://www.chemweek.com/home/top_of_the_news/Elementis-reports-higher-sales-and-earnings_68030.html
February 24, 2015
Solvay said today that it is building a new poly(ether ether ketone) (PEEK) plant in the United States, more than doubling capacity for this high-performance engineering polymer and...
http://www.chemweek.com/home/top_of_the_news/Solvay-selects-the-United-States-for-its-second-global-PEEK-plant_68029.html
February 24, 2015
The environment committee of the European Parliamentary has voted in favor of a reform of the European Union’s Emissions Trading System (EU ETS), backing a draft law to reduce...
http://www.chemweek.com/home/top_of_the_news/EU-environment-committee-votes-for-market-stability-reserve-to-take-effect-start-of-2019_68049.html
February 24, 2015
Brenntag says that it has expanded its distribution agreement focused on its cosmetics business in Europe with a Dow Chemical microbial control a business unit. New regions...
http://www.chemweek.com/home/top_of_the_news/Brenntag-expands-distribution-agreement-with-Dow-for-cosmetics-business_68026.html
February 24, 2015
Japan's benzene, toluene, and xylene (BTX) production in January was mostly lower on monthly and annual bases, data from the Japan Petrochemical Industry Association (JPCA; Tokyo)...
http://www.chemweek.com/home/top_of_the_news/Japans-January-BTX-output-mostly-down-on-monthly-annual-bases_68021.html
February 24, 2015
Granules India (Hyderabad), a producer of active pharmaceutical ingredients (APIs), intermediates, and formulations, says that its Granules OmniChem joint venture has opened its...
http://www.chemweek.com/home/top_of_the_news/Granules-OmniChem-JV-opens-API-plant-in-India_68024.html
February 24, 2015
Jacobs Engineering said today that it received a contract from Bristol-Myers Squibb to provide architectural and engineering services for a new large-scale biologics manufacturing...
http://www.chemweek.com/home/top_of_the_news/Jacobs-to-build-large-biologics-facility-for-Bristol-Myers-Squibb-in-Ireland_68038.html
February 24, 2015
The current arctic blast in the US northeast has so far had little operational impact on refinery operations in that region. Weather forecasts are showing that temperatures on 24...
http://www.chemweek.com/home/top_of_the_news/US-east-coast-refiners-report-little-operational-impact-from-freezing-temperatures_68019.html
February 23, 2015
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) said today that it has finalized the prequalification process for the engineering, procurement, and construction (EPC)...
http://www.chemweek.com/home/top_of_the_news/Orpic-completes-prequalification-of-E-and-C-firms-for-Liwa-project_67993.html
February 23, 2015
The Saudi Arabian Mining Co., (Ma’aden) said today that Ma’aden Phosphate Company (MPC), a joint venture owned 70% by Ma’aden and 30% by Sabic, has resumed operations...
http://www.chemweek.com/home/top_of_the_news/Maaden-resumes-production-at-ammonia-plant-after-maintenance_67992.html
February 23, 2015
IDEA Soda Ash and Calcium Chloride Co. (Isacc; Al Khubar, Saudi Arabia) said today that it has received approval from the Royal Commission for Jubail and Yanbu for 1 million square...
http://www.chemweek.com/home/top_of_the_news/Saudi-company-receives-land-allocation-from-Royal-Commission-for-soda-ash-project_67991.html
February 23, 2015
Asahi Kasei will retain Polypore’s energy storage business, a maker of polymer membranes that separate the cathode and anode in batteries. As part of the deal, 3M (St. Paul, MN) will acquire the assets of Polypore’s separations media business, which produces membranes and membrane modules used in hemodialysis, blood oxygenation, plasmapheresis, other medical applications, for about $1 billion immediately prior to Asahi Kasei’s acquisition of Polypore....
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-to-acquire-Polypore-in-deal-valued-at-$3-2-billion_68006.html
February 23, 2015
Braskem has not yet approved its 2015 investment budget, and the company's board has decided to take a couple of extra months to refine it because of the volatility in energy markets...
http://www.chemweek.com/home/top_of_the_news/Braskem-board-yet-to-approve-2015-budget-future-of-Comperj-petchems-project-uncertain_68005.html
February 23, 2015
Haldor Topsoe has confirmed that it has signed contracts with Technip and chemical company Duslo (Sal’a, Slovakia) for an ammonia plant that will be constructed adjacent to...
http://www.chemweek.com/home/top_of_the_news/Haldor-Topsoe-confirms-signing-of-contract-for-ammonia-plant-in-Slovakia_68002.html
February 23, 2015
KBR has confirmed that it has signed an engineering, procurement, and construction (EPC) contract with Yara International and BASF for their joint project to build a world-scale...
http://www.chemweek.com/home/top_of_the_news/KBR-confirms-award-of-EPC-contract-for-BASF-Yara-ammonia-plant-at-Freeport_68000.html
February 23, 2015
Chemoxy (Middlesbrough, UK), which manufactures environmentally friendly solvents, esters, and other industrial chemicals, has secured £10 million ($15.4 million) in growth...
http://www.chemweek.com/home/top_of_the_news/Chemoxy-secures-£10-million-investment-for-expansion_67998.html
February 23, 2015
Teijin today announced that it will acquire, through a third-party allotment, new shares of Nakashima Medical (Okayama, Japan), a wholly owned subsidiary of Nakashima Holdings...
http://www.chemweek.com/home/top_of_the_news/Teijin-and-Nakashima-form-JV-for-medical-devices_67997.html
February 23, 2015
Valeant Pharmaceuticals International (Laval, PC) said on Sunday that it has entered into a definitive agreement with Salix Pharmaceuticals (Raleigh, NC) under which Valeant will...
http://www.chemweek.com/home/top_of_the_news/Valeant-Pharma-to-acquire-Salix-Pharma-in-$14-5-billion-deal_67996.html
February 20, 2015
Petkim (Aliaga, Turkey) is restarting its newly expanded purified terephthalic acid (PTA) unit at Aliaga. The project to increase PTA capacity at the site from 70,000 m.t./year to...
http://www.chemweek.com/home/top_of_the_news/Petkim-restarts-expanded-PTA-plant_67979.html
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