IHS Chemical Week

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April 22, 2015
Air Products says that Marie Ffolkes has been appointed to president/industrial gases, Americas, effective 18 May. Ffolkes comes to Air Products with 20 years of manufacturing...
http://www.chemweek.com/home/top_of_the_news/Air-Products-appoints-presidentindustrial-gases-Americas_69659.html
April 22, 2015
Celanese says that it plans to reduce acetate tow production capacity at the company’s Lanaken, Belgium site by 50%, citing declining demand in Europe. Celanese’s...
http://www.chemweek.com/home/top_of_the_news/Celanese-plans-to-reduce-acetate-tow-production-by-half-at-Belgium-site_69673.html
April 22, 2015
W. R. Grace says that it has completed phase one of construction for the previously announced fluid catalytic cracking (FCC) catalysts manufacturing facility in the Mideast. The...
http://www.chemweek.com/home/top_of_the_news/Grace-completes-first-phase-of-FCC-catalysts-manufacturing-plant-in-Mideast_69658.html
April 22, 2015
Today, China began reviewing its antidumping duties on nylon-6 imports from the European Union, Russia, Taiwan, and the United States, the Ministry of Commerce (Mofcom; Beijing) says...
http://www.chemweek.com/home/top_of_the_news/China-starts-reviewing-dumping-duties-on-nylon-6-from-EU-Russia-Taiwan-and-US_69655.html
April 22, 2015
Sanmar Group (Chennai, India) will invest $350 million to expand its chemical facility at Port Said, Egypt, the Egyptian embassy in New Delhi says. Plans include a doubling of...
http://www.chemweek.com/home/top_of_the_news/Sanmar-to-double-PVC-capacity-in-Egypt_69600.html
April 22, 2015
Styrene inventories at eastern China’s ports stood at about 76,000 m.t. this week, down about 7,200 m.t., or 8.6%, from last week, data obtained by IHS Chemical shows...
http://www.chemweek.com/home/top_of_the_news/Styrene-stocks-in-eastern-China-fall-9-percent-on-week-amid-short-covering_69664.html
April 21, 2015
The global surplus of light naphtha could increase by as much as 14 million m.t./year over the next five years, according to a study released today, “The IHS Energy and IHS Chemical Light and Heavy Naphtha International Market Review.” Although demand for light naphtha will continue to expand, supply will grow faster, propelled by booming tight oil production in the United States, which will become the world’s largest exporter of light naphtha by 2020, says IHS....
http://www.chemweek.com/home/top_of_the_news/Global-light-naphtha-surplus-could-increase-by-14-million-m-t-by-2020-IHS_69652.html
April 21, 2015
DuPont today reported net income down 28% year-on-year (YOY), to $1.03 billion, on net sales down 9%, to $9.17 billion. Operating earnings totaled $1.34/share, beating analysts’...
http://www.chemweek.com/home/top_of_the_news/DuPont-earnings-fall-on-currency-impacts-but-beat-estimates_69641.html
April 21, 2015
Henkel says that it has signed an agreement to acquire Novamelt (Wehr, Germany), a privately owned company that specializes in pressure-sensitive hot melt adhesives...
http://www.chemweek.com/home/top_of_the_news/Henkel-to-acquire-hot-melt-adhesives-firm-Novamelt_69553.html
April 21, 2015
Lubrizol says that its performance coatings business has added hyperdispersant capacity at its Huddersfield, UK, facility. The new capacity will be used for to manufacture Solsperse...
http://www.chemweek.com/home/top_of_the_news/Lubrizol-adds-hyperdispersant-capacity-in-UK_69547.html
April 21, 2015
Celanese will raise offers for vinyl acetate ethylene (VAE) in China and, separately, the rest of Asia on 24 April, the company says. Asian prices will be increased $55/m.t., while...
http://www.chemweek.com/home/top_of_the_news/Celanese-to-raise-VAE-offers-in-China-rest-of-Asia_69623.html
April 21, 2015
Air Products says that it has been awarded a contract by Saudi Aramco to build and operate the world’s largest industrial gas complex. The total investment necessary to build the facility is about $2.1 billion, Air Products says....
http://www.chemweek.com/home/top_of_the_news/Air-Products-wins-contract-from-Aramco-to-build-worlds-largest-industrial-gas-complex_69594.html
April 21, 2015
ExxonMobil Chemical says it is considering whether to build a new polyethylene (PE) line at its Beaumont, TX, facility. The project would be additional to two 650,000-m.t./year PE lines now under construction at Mont Belvieu, TX. “We’ll conduct an extensive evaluation before making any final investment decision,” ExxonMobil says....
http://www.chemweek.com/home/top_of_the_news/ExxonMobil-considering-PE-project-at-Beaumont-TX_69643.html
April 21, 2015
Tate & Lyle (London) today announced it would restructure its Splenda sucralose operations and exit most of its European bulk food ingredients business to further focus on and...
http://www.chemweek.com/home/top_of_the_news/Tate-and-Lyle-to-close-Singapore-sucralose-plant-exit-European-bulk-ingredients-JV-with-ADM_69632.html
April 21, 2015
Mohammad Hassan Peyvandi, deputy managing director of the National Petrochemical Co., (NPC; Tehran), has told reporters that Indian companies have proposed building an ammonia-urea...
http://www.chemweek.com/home/top_of_the_news/Iran-confirms-Indian-interest-in-building-urea-plant_69631.html
April 21, 2015
FMC today announced that it has completed the previously announced acquisition of crop protection chemicals maker Cheminova (Harboøre, Denmark). Plans for the acquisition were...
http://www.chemweek.com/home/top_of_the_news/FMC-completes-$1-8-billion-acquisition-of-Danish-crop-protection-chemicals-maker-Cheminova_69630.html
April 21, 2015
Sabic has preliminarily agreed with an unidentified US supplier to import shale gas for its Wilton, UK, steam cracker for the next 10 years. The company announced in August last year...
http://www.chemweek.com/home/top_of_the_news/Sabic-proceeds-with-plans-to-import-US-ethane-feedstock-for-UK-cracker_69629.html
April 21, 2015
India has levied antidumping duties on acetone from Taiwan and Saudi Arabia for five years, the Ministry of Finance (New Delhi) says. Depending on factors, tariffs of $86.10/m.t....
http://www.chemweek.com/home/top_of_the_news/India-slaps-dumping-duties-on-acetone-from-Taiwan-and-Saudi-Arabia-for-5-years_69628.html
April 21, 2015
India has extended antidumping duties on phenol imports from Japan and Thailand by one year, the Ministry of Finance (New Delhi) says. The tariffs will remain in force until 18 April...
http://www.chemweek.com/home/top_of_the_news/India-extends-dumping-duties-on-phenol-from-Japan-and-Thailand-by-one-year_69627.html
April 21, 2015
Mitsui & Co. says that it has entered into cooperation and equipment lease agreements with the Innovative Composite Materials Research and Development Center (ICC; Hakusan, Japan)...
http://www.chemweek.com/home/top_of_the_news/Mitsui-and-Co-agrees-with-Japan-research-center-to-develop-new-production-methods-for-carbon-fiber-composite-materials_69626.html
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