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December 14, 2015
Shell announced on Monday that it expects an overall potential reduction of approximately 2,800 jobs globally, or approximately 3% of its total combined group workforce, once the $70-billion takeover of BG Group (Reading, UK) is completed....
http://www.chemweek.com/home/top_of_the_news/Shell-to-cut-2800-more-jobs-after-BG-Group-takeover_75821.html
December 14, 2015
Ministers and other officials from almost 200 nations, after two weeks of negotiation, have reached agreement on climate change at the conference meeting in Paris, COP21. The key...
http://www.chemweek.com/home/top_of_the_news/Climate-change-agreement-reached-in-Paris_75817.html
December 13, 2015
The 12th Iran Petrochemical Forum opened on Sunday in Tehran with around 2,000 delegates attending.  Petrochemical producers, traders, technology licensors, bankers, engineering...
http://www.chemweek.com/home/top_of_the_news/IFP-2015-Iran-ready-for-business-in-post-sanctions-era_75812.html
December 14, 2015
The combined company will be named DowDuPont and be dual headquartered in Midland, MI; and Wilmington, DE....
http://www.chemweek.com/home/top_of_the_news/Dow-and-DuPont-to-combine-in-$130-billion-merger-of-equals-update_75802.html
December 14, 2015
MEGlobal has applied to the Texas Commission on Environmental Quality (TCEQ) for an air permit authorizing construction of an ethylene glycol facility in Freeport, TX, according to a notice published by the TCEQ on 10 December....
http://www.chemweek.com/home/top_of_the_news/MEGlobal-seeks-permit-to-build-EG-plant-in-Freeport-TX-Updated_75809.html
December 11, 2015
Dow Chemical has announced that it will become the 100% owner of Dow Corning, which is currently a 50-50 joint venture with Corning. As part of the deal, Corning will receive $4.8...
http://www.chemweek.com/home/top_of_the_news/Dow-Chemical-to-assume-full-ownership-of-Dow-Corning_75798.html
December 11, 2015
Next year, DuPont expects to save $700 million in costs compared with 2015, according to a worldwide cost-savings and restructuring plan announced today. The plan builds on the...
http://www.chemweek.com/home/top_of_the_news/DuPont-announces-$700-million-cost-savings-plan-for-2016_75799.html
December 10, 2015
BASF Corp. and Gabriel Performance Products (Ashtabula, OH) have finalized a transaction transferring the Versamid trademark to Gabriel, and exclusively licensing the polyamide curing...
http://www.chemweek.com/home/top_of_the_news/BASF-sells-Versamid-polyamide-curing-agents-trademark-to-Gabriel_75735.html
December 10, 2015
The flurry of year-end deal-making in the chemical industry continues. Reports on Wednesday claimed that China National Chemical Corp. (ChemChina) will announce a 43.5-billion Swiss...
http://www.chemweek.com/home/top_of_the_news/Reports-ChemChina-readying-new-$44-billion-bid-for-Syngenta_75736.html
December 10, 2015
Chang Chun Petrochemical (Taipei) has restarted production at an acrylic emulsion plant following an accident earlier this week, local sources tell CW. On 7 December an accident...
http://www.chemweek.com/home/top_of_the_news/Chang-Chun-restarts-acrylic-emulsion-plant-following-accident_75734.html
December 15, 2015
Chemical industry association VCI (Frankfurt) says that it expects production of chemicals, including pharmaceuticals, in Germany to grow by 1.5% in 2016. VCI also expects...
http://www.chemweek.com/home/top_of_the_news/VCI-Germanys-chemicals-output-to-grow-by-1-5-percent-in-2016_75717.html
December 9, 2015
Dow Chemical expects to finish debottlenecking the production of glycidyl methacrylate at its Freeport, TX, facility in the second quarter of 2016....
http://www.chemweek.com/home/top_of_the_news/Dow-to-complete-glycidyl-methacrylate-expansion-in-second-quarter-2016_75721.html
December 9, 2015
Solvay said on Wednesday that it has completed the acquisition of Cytec and will immediately begin integrating Cytec's businesses to deliver cost synergies and capture significant...
http://www.chemweek.com/home/top_of_the_news/Solvay-completes-Cytec-acquisition-launches-integration-plans_75718.html
December 9, 2015
Anglo American (London), one of the world’s largest mining businesses with operations across southern Africa, South America, Australia, North America, Asia and Europe, on Tuesday...
http://www.chemweek.com/home/top_of_the_news/Anglo-American-to-restructure-cut-jobs-sell-phosphate-business_75713.html
December 9, 2015
A consortium of investors, comprising the Russian Direct Investment Fund (RDIF; Moscow) and leading Middle Eastern sovereign wealth funds have invested in Sibur’s previously...
http://www.chemweek.com/home/top_of_the_news/Sibur-raises-more-funds-for-$9-5-billion-petchem-project-at-Tobolsk_75711.html
December 9, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has acquired Hong Kong-based companies Inventive Technology and Prowin International, collectively...
http://www.chemweek.com/home/top_of_the_news/Frutarom-acquires-Hong-Kong-based-flavors-company_75710.html
December 9, 2015
Mitsubishi Chemical Holdings has launched a five-year management plan targeting sales of ¥4.70 trillion ($38.3 billion) and operating profits of ¥340.0 billion in fiscal 2020...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-Holdings-announces-business-plan-confirms-plan-to-integrate-three-subsidiaries_75709.html
December 9, 2015
The deal would be followed by a three-way breakup of the combined company, the report said. Dow chairman and CEO Andrew Liveris would be executive chairman of combined company; DuPont CEO Edward Breen will keep his title. The companies could announce a merger in the coming days, sources told the Journal....
http://www.chemweek.com/home/top_of_the_news/Dow-Chemical-and-DuPont-are-in-advanced-merger-talks-WSJ-says-UPDATED_75705.html
December 9, 2015

Phillips 66 has brought online a new; 100,000-bbl/day natural gas liquids (NGLs) fractionator at its Sweeny Complex in Old Ocean, TX. Named Sweeny Fractionator One, the unit is supplying liquefied petroleum gases (LPGs) to local customers and the market hub at Mont Belvieu, TX, the company says. The unit will supply the international market once the 150,000-bbl/day Freeport LPG Export Terminal is completed in the second half of 2016.

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http://www.chemweek.com/home/top_of_the_news/Phillips-66-starts-up-new-Sweeny-NGL-fractionator_75692.html
December 8, 2015
US prices for toluene and mixed xylenes (MX) could soften next year, in part because the new Renewable Fuels Standard (RFS) for 2016, which requires a greater amount of ethanol in the US gasoline pool, reducing demand for other high octane blendstock such as toluene and MX. However, most of the pressure is expected to come from increased imports of toluene, MX, and paraxylene....
http://www.chemweek.com/home/top_of_the_news/New-RFS-may-reduce-aromatics-demand-into-US-gasoline_75704.html
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