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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
April 21, 2015
Saudi International Petrochemical Co. (Sipchem; Al Khubar) today announced its affiliate Sipchem Chemical Co. has started up a polybutylene terephthalate (PBT) plant. The...
http://www.chemweek.com/home/top_of_the_news/Sipchem-commissions-PBT-plant-at-Al-Jubail_69624.html
April 21, 2015
Showa Denko says that it has decided to build a plant at Shanghai to produce high-purity hydrogen fluoride, a specialty gas used to produce semiconductors. The new plant will be built...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-builds-high-purity-hydrogen-fluoride-plant-in-China_69622.html
April 21, 2015
An explosion occurred this morning at an ethylene glycol (EG) unit operated by Sinopec Yangzi at Nanjing, Jiangsu Province, China, a Sinopec Corp. spokesman confirmed today. The...
http://www.chemweek.com/home/top_of_the_news/Sinopec-confirms-morning-blast-at-Yangzi-ethylene-glycol-unit_69621.html
April 21, 2015
AkzoNobel reported €163 million ($175.5 million) in net profit from continuing operations for the first quarter of 2015, up 29% year-on-year (YOY). Ebitda was also up, by ...
http://www.chemweek.com/home/top_of_the_news/AkzoNobels-earnings-soar-in-first-quarter-lower-volumes-hinder-sales_69637.html
April 20, 2015
ExxonMobil confirmed today that its Beaumont, TX, petrochemical complex has been successfully restarted after a fire on a propylene line that shut down the entire facility on 30 March...
http://www.chemweek.com/home/top_of_the_news/ExxonMobil-restarts-Beaumont-petchem-complex_69617.html
April 20, 2015
Yara International (Oslo) said today that, because of the worsening security outlook in Libya, the operating ability of its Lifeco joint venture plants are highly likely to keep...
http://www.chemweek.com/home/top_of_the_news/Yara-writes-down-Lifeco-investment-in-Libya_69601.html
April 20, 2015
Sika’s board of directors is proposing that the company buy out the Burkhard-Schenker family’s 16.1% stake in Sika to thwart the proposed takeover by France’s...
http://www.chemweek.com/home/top_of_the_news/Sika-offers-to-buy-out-the-family-holding-to-thwart-Saint-Gobains-offer_69599.html
April 20, 2015
Asahi Kasei announced today that its pharma unit has decided to pull out of the nutritional products business, which began in 1983 with the launch of a tube feeding powder formula...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-to-withdraw-from-nutritional-products-business_69597.html
April 20, 2015
BASF said today that, in its fight against counterfeiting in the crop protection market, it is investing in brand new antifake technology. In China, the company is introducing a...
http://www.chemweek.com/home/top_of_the_news/BASF-introduces-technology-to-tackle-counterfeit-crop-protection-products-in-China_69596.html
April 20, 2015
Industries Qatar (Doha), a company listed on the Qatari stock exchange and which has shareholdings in some of the major local producers, including Qatar Petrochemical Co., Qatar...
http://www.chemweek.com/home/top_of_the_news/Industries-Qatar-reports-lower-first-quarter-net-profit-and-revenue_69593.html
April 20, 2015
A recent spike in styrene prices in Asia is pressuring derivative producers to raise prices as their margins narrow amid short covering, tight supply, and concerns over lower stocks...
http://www.chemweek.com/home/top_of_the_news/Asia-styrene-derivative-prices-track-feedstock-price-hikes_69592.html
April 20, 2015
National Industrialization Co. (Tasnee) today announced its interim results covering the first quarter. Tasnee reports a net loss of 332.5 million Saudi riyals ($88.6 million) in the...
http://www.chemweek.com/home/top_of_the_news/Tasnee-swings-to-loss-in-first-quarter_69591.html
April 20, 2015
BASF and specialty chemicals distributor Gustav Grolman (Neuss, Germany) are collaboratively marketing Baxxodur-brand amine-based curing agents in Europe. Grolman will initially market...
http://www.chemweek.com/home/top_of_the_news/BASF-Grolman-to-collaboratively-market-curing-agents-for-epoxy-resins_69589.html
April 20, 2015
CB&I said today that it has been awarded a contract by NefteGazIndustriya, through project developer Maveg GmbH, to provide engineering and procurement services for the Afipsky Oil...
http://www.chemweek.com/home/top_of_the_news/CB-and-I-awarded-contract-to-upgrade-refinery-in-Russia_69603.html
April 20, 2015
Sabic on Sunday reported a drop in first-quarter sales and profits but said it will continue with global investments to expand capacity. First quarter net profit declined 39%...
http://www.chemweek.com/home/top_of_the_news/Sabics-first-quarter-profits-revenues-decline-on-lower-selling-prices_69585.html
April 20, 2015
Mylan on Friday dismissed a possible takeover by Teva Pharmaceuticals. “We note that there has been some media speculation with regard to a potential bid for Mylan by Teva and...
http://www.chemweek.com/home/top_of_the_news/Mylan-dismisses-possible-takeover-by-Teva_69587.html
April 19, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, today reported a 50.3% drop in its first-quarter net profit to 205.4...
http://www.chemweek.com/home/top_of_the_news/Petro-Rabigh-reports-large-drop-in-first-quarter-profits_69586.html
April 17, 2015
National Petrochemical Company (NPC; Tehran) expects to start up a second 1 million m.t./year ethylene plant at the Kavian petrochemical complex in Assaluyeh, Iran, by September, according to a local news report....
http://www.chemweek.com/home/top_of_the_news/NPC-aims-to-start-up-second-Kavian-cracker-by-September-report_69582.html
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