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June 25, 2015
Rare-earths miner Molycorp today filed for Chapter 11 bankruptcy protection for most of US operations, in order to restructure its $1.7 billion in debt obligations. Under the...
http://www.chemweek.com/home/top_of_the_news/Molycorp-files-for-Chapter-11-bankruptcy-to-transfer-control-to-creditors_71610.html
June 25, 2015
Thermo Fisher Scientific (Waltham, MA) today announced that it has signed a definitive agreement to acquire Johnson Matthey’s research chemicals business, Alfa Aesar (Heysham...
http://www.chemweek.com/home/top_of_the_news/Thermo-Fisher-to-acquire-Johnson-Mattheys-research-chemicals-business-for-$403-million_71609.html
June 25, 2015
China’s imports of benzene, para-xylene (p-xylene), styrene, and toluene fell sharply in May compared with April and mixed xylene imports were almost flat, data obtained by IHS...
http://www.chemweek.com/home/top_of_the_news/Chinas-aromatics-imports-fall-sharply-in-May_71595.html
June 25, 2015
Novasep (Pompey, France), a supplier of services and technologies for the life sciences and chemical industries, today announced that it will build a fully integrated antibody drug...
http://www.chemweek.com/home/top_of_the_news/Novasep-to-build-ADC-facility-in-France_71604.html
June 24, 2015
PPG Industries says that it has reached a definitive agreement to acquire IVC Industrial Coatings (Brazil, IN), a specialty powder and liquid coatings manufacturer. Financial terms of...
http://www.chemweek.com/home/top_of_the_news/PPG-to-acquire-IVC-Industrial-Coatings_71175.html
June 24, 2015
DuPont says it has increased compounding capacity for glass-reinforced nylon at its Uentrop facility in Hamm, Germany, by 20% to meet growing demand from the auto industry....
http://www.chemweek.com/home/top_of_the_news/DuPont-increases-nylon-polymer-capacity-at-Hamm-by-20-percent_71333.html
June 24, 2015
Elementis said Wednesday that earnings would fall below market forecasts, citing sharply lower sales of additives to the US oilfield drilling market and weakness in certain segments in China and Latin America. The company’s shares fell 17% on 24 June, closing at 257.60p...
http://www.chemweek.com/home/top_of_the_news/Elementis-hurt-by-decline-in-oil-projects-in-North-America_71558.html
June 24, 2015
Sumitomo Chemical is merging its petrochemicals and feedstocks division with that of organic chemicals to create a single organic chemicals division, the company announced on...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-merges-petchems-divisions-following-Chiba-cracker-closure_71388.html
June 24, 2015
PhosAgro (Moscow) and Orica (Melbourne) today signed a 10-year contract covering drilling and blasting work at the open-pit sites of PhosAgro’s major phosphate production...
http://www.chemweek.com/home/top_of_the_news/Orica-PhosAgro-sign-major-long-term-contract_71441.html
June 24, 2015
Sasol told the Stock Exchange News Service (Johannesburg) on Thursday that the South African Competition Appeal Court on 17 June upheld Sasol’s appeal against the Competition...
http://www.chemweek.com/home/top_of_the_news/Sasol-wins-appeal-in-pricing-of-propylene-and-polypropylene-case_71427.html
June 24, 2015
Frutarom Industries (Herzliya, Israel), one of the world's 10 largest companies for flavors and specialty fine ingredients, on Thursday announced it had signed an agreement for the...
http://www.chemweek.com/home/top_of_the_news/Frutarom-acquires-Taura-Natural-Ingredients-Holding_71421.html
June 24, 2015
Total says that it has signed an agreement for the previously announced sale of the company's 16.67% interest in the Schwedt, Germany, refinery to Rosneft (Moscow). Rosneft already has...
http://www.chemweek.com/home/top_of_the_news/Total-sells-stake-in-Germany-refinery-to-Rosneft-for-$300-million_71465.html
June 24, 2015
Axens said on Monday that Petronas (Kuala Lumpur) has selected Axens as a technology provider for its Refinery and Petrochemicals Integrated Development (Rapid) project at Pengerang...
http://www.chemweek.com/home/top_of_the_news/Axens-confirms-contract-to-provide-technologies-for-Petronass-Rapid-project_71503.html
June 24, 2015
Vietnam's Ha Bac Nitrogenous Fertiliser has expanded its urea fertilizer production capacity to 500,000 m.t./year from 180,000 m.t./year, the company said Monday. The affiliate of...
http://www.chemweek.com/home/top_of_the_news/Ha-Bac-Nitrogenous-Fertiliser-expands-output-to-500000-m-t-year_71500.html
June 24, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) says that it has completed the previously announced acquisition of the remaining shares of Allana Potash (Toronto), a mining company engaged in...
http://www.chemweek.com/home/top_of_the_news/ICL-completes-acquisition-of-Allana-Potash_71524.html
June 24, 2015
Wacker Chemie said on Wednesday that Joachim Rauhut, 61, CFO will leave the company as planned when his contract expires on 31 October 2015. Tobias Ohler, 44, a Wacker executive board...
http://www.chemweek.com/home/top_of_the_news/Wacker-Chemie-makes-executive-board-changes_71592.html
June 24, 2015
OCI Enterprises, the North American subsidiary of OCI (Seoul), says it is considering “strategic alternatives” for its stake in OCI Resources (OCIR), a master limited partnership that owns 51% of OCI Wyoming, a producer of trona ore and soda ash....
http://www.chemweek.com/home/top_of_the_news/OCI-considers-strategic-alternatives-for-soda-ash-business_71575.html
June 24, 2015
Industry groups praised passage of the TSCA Modernization Act of 2015 (H.R. 2576) in the U.S. House of Representatives as a significant step toward reforming the outdated chemical...
http://www.chemweek.com/home/top_of_the_news/House-passes-TSCA-reform-bill_71576.html
June 24, 2015
The benzene arbitrage window between Asia and the United States has been open slightly this week for a limited time, according to trade participants. Prompt Asia benzene prices were at...
http://www.chemweek.com/home/top_of_the_news/Asia-US-benzene-arbitrage-window-opens-this-week_71571.html
June 24, 2015
IMCD (Rotterdam), a distributor of specialty chemicals, says that it has completed the previously announced acquisition of an 80% stake in specialties distributor M.F. Cachat...
http://www.chemweek.com/home/top_of_the_news/IMCD-completes-acquisition-of-US-distributor-M-F-Cachat_71557.html
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