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December 17, 2014
Banner Chemicals (Runcorn, UK) said today that it has agreed to acquire Leicester, UK–based Stowlin Croftshaw, a maker of a complete range of products for metal surface...
http://www.chemweek.com/home/top_of_the_news/Banner-Chemicals-acquires-metals-surface-tratment-group-Stowlin_66237.html
December 17, 2014
Dow Chemical says that Deborah Borg, v.p./human resources (HR), has been named president of the company's US activities. She will continue to be based at Midland, MI; report to Joe...
http://www.chemweek.com/home/top_of_the_news/Dows-new-presidentUnited-States_66232.html
December 17, 2014
Bayer HealthCare announced today that it has definitively agreed to sell its equine products Legend/Hyonate (hyaluronate sodium) and Marquis (ponazuril) to Merial. The deal is expected...
http://www.chemweek.com/home/top_of_the_news/Bayer-HealthCare-divests-old-animal-health-products-to-Merial_66231.html
December 17, 2014
Sibur (Moscow) says that one of its subsidiaries, which specializes in processing liquid hydrocarbons and producing a number of petrochemical products, and Air Products have...
http://www.chemweek.com/home/top_of_the_news/Air-Products-to-build-ASU-in-Russia-to-supply-industrial-gases-to-Sibur_66230.html
December 17, 2014
Technip has been awarded a contract worth approximately €100.0 million ($124.1 million) by Oil and Natural Gas Corp. (ONGC; New Delhi) to build a 6.0-million standard cubic...
http://www.chemweek.com/home/top_of_the_news/Technip-receives-oil-and-gas-terminal-contract-from-ONGC-in-India_66228.html
December 17, 2014
DSM says that it has agreed to sell its coating resins business Synres to private equity firm Standard Investment (Amsterdam). Financial details of the deal have not been disclosed...
http://www.chemweek.com/home/top_of_the_news/DSM-to-sell-coating-resins-business-to-private-equity-firm_66227.html
December 17, 2014
Umicore (Brussels) says that it will construct a facility at the Hemaraj industrial estate in Thailand for the production of emission-control catalysts for light-duty vehicles. The...
http://www.chemweek.com/home/top_of_the_news/Umicore-to-build-automotive-catalyst-facility-in-Thailand_66225.html
December 17, 2014
Toluene disproportionation (TDP) and selective TDP (STDP) units are likely to be the first casualties of the recent collapse of the benzene price, in the United States and worldwide...
http://www.chemweek.com/home/top_of_the_news/Toluene-disproportionation-operating-rates-in-US-are-the-first-to-be-slowed-by-collapse-of-benzene-prices_66245.html
December 17, 2014
Styrene spot values in Europe have lost about $400/m.t. in two weeks as the market has been forced to adjust to the new upstream environment at a time when European styrene production...
http://www.chemweek.com/home/top_of_the_news/Europe-styrene-prices-plummet-on-the-back-of-weaker-energy-markets_66240.html
December 17, 2014
BASF subsidiary BASF India (Mumbai) says that a Würth (Künzelsau, Germany) subsidiary headquartered in Navi Mumbai, India, will take over the import, distribution...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Wurth-team-up-for-automotive-refinish-coatings-business-in-India_66224.html
December 17, 2014
Six substances have been added to the candidate list of substances of very high concern (SVHC), under the European Union’s Registration, Evaluation, Authorisation, and...
http://www.chemweek.com/home/top_of_the_news/ECHA-adds-six-substances-to-SVHC-list_66244.html
December 17, 2014
Sinopec says that its Maoming olefins facility has increased its operating rates and is expected to produce a total of 1.14 million m.t. of ethylene during this year. Sinopec Maoming...
http://www.chemweek.com/home/top_of_the_news/Sinopec-ups-ethylene-production-at-Maoming-complex_66238.html
December 17, 2014
UCB, Advent International and Avista Capital Partners said on Tuesday that they have agreed to terminate their agreement, announced on 7 November 2014, for Advent and Avista to acquire...
http://www.chemweek.com/home/top_of_the_news/UCB-terminates-agreement-to-sell-generic-drugs-unit-to-private-equity-groups_66235.html
December 16, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says it will invest up to $500.0 million for 50% ownership of a joint venture that will operate a fully integrated, world-scale phosphate business...
http://www.chemweek.com/home/top_of_the_news/ICL-forms-Chinese-phosphates-JV-with-Yunnan-Yuntianhua_66208.html
December 16, 2014
Kazakhstan has received assurances that Chinese investors will pump $3.80 billion to develop potash deposits in Kazakhstan, according to investment and development minister of...
http://www.chemweek.com/home/top_of_the_news/Kazakhstan-advances-plans-to-become-major-potash-player_66205.html
December 16, 2014
Dow Chemical will supply quantum dot material to LG Electronics, which is launching a new range of high-tech TVs in early 2015. Dow is building a quantum dot factory in South Korea...
http://www.chemweek.com/home/top_of_the_news/LG-Electronics-and-Dow-link-in-quantum-dot-TV-project_66204.html
December 16, 2014
Orica has commissioned a $25.0-million emulsion explosives plant in the Murmansk region in Russia that will supply PhosAgro (Moscow) subsidiary Apatit. The plant is based at...
http://www.chemweek.com/home/top_of_the_news/Orica-commissions-explosives-plant-in-Russia-to-serve-PhosAgro_66203.html
December 16, 2014
Venture Global LNG will invest $4.25 billion to build a new liquefaction processing complex and liquefied natural gas (LNG) export terminal. The facility will be constructed on the...
http://www.chemweek.com/home/top_of_the_news/Venture-Global-LNG-invests-in-liquefaction-complex-and-LNG-export-terminal-in-Louisiana_66202.html
December 16, 2014
Petri Helsky, president of Kemira's paper segment, will assume a second role as president of Asia/Pacific as of 1 January 2015. Helsky, based in Hong Kong, continues to be a member of...
http://www.chemweek.com/home/top_of_the_news/Kemira-makes-management-changes_66201.html
December 15, 2014
Sherwin-Williams (SW) today narrowed its full-year 2014 adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are...
http://www.chemweek.com/home/top_of_the_news/Sherwin-Williams-narrows-guidance-details-Lowes-program_66154.html
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