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July 23, 2015
Altana's additives and measuring instruments subsidiary is to build production facilities in the Fengxian district of Shanghai. Altana has selected Tebodin’s (The Hague...
http://www.chemweek.com/home/top_of_the_news/Altana-subsidiary-to-build-plant-in-China_72386.html
July 23, 2015
Unipetrol (Prague), majority owned by PKN Orlen (PÅ‚ock, Poland), on Thursday posted a record second-quarter operating profit. Favorable macroeconomic conditions led to higher refining...
http://www.chemweek.com/home/top_of_the_news/Unipetrol-reports-record-earnings-helped-by-petchems_72385.html
July 23, 2015
Lanxess on Thursday released preliminary unaudited numbers covering the second quarter and saying it expects results to exceed current market expectations. The company estimates Ebitda...
http://www.chemweek.com/home/top_of_the_news/Lanxess-second-quarter-earnings-better-than-expected_72384.html
July 23, 2015
SK Innovation (Seoul) on Thursday reported a return to profit in the second quarter on better refining margins. Consolidated net income in the period to end of June 2015 reached 587.5...
http://www.chemweek.com/home/top_of_the_news/SK-Innovation-swings-to-profit-listing-lubricant-business-no-longer-a-priority_72383.html
July 23, 2015
Sinopec has announced its unaudited production data covering the first six months of the year. Ethylene and synthetic resins production were each up 7.3%, to 5,457,000 m.t. and...
http://www.chemweek.com/home/top_of_the_news/Sinopec-raises-ethylene-plastics-production-in-first-six-months_72382.html
July 23, 2015
Syngenta (Basel), the leading agricultural chemicals player, on Thursday reported first-half 2015 integrated sales of $7.6 billion, a 3% increase at constant exchange rates (CER)...
http://www.chemweek.com/home/top_of_the_news/Syngenta-reports-lower-sales-and-earnings-confirms-margin-targets_72381.html
July 23, 2015
Shin-Etsu Chemical posted a 14.3% increase in net profit for its fiscal first quarter, ended 30 June—compared with the year-earlier quarter—to ¥37.6 billion, on sales...
http://www.chemweek.com/home/top_of_the_news/Shin-Etsu-posts-higher-profit-sales_72394.html
July 23, 2015
Solvay said on Wednesday that it has signed an agreement with Russian investment company Siberwood to examine constructing a hydrogen peroxide (H2O2) plant in Russia using...
http://www.chemweek.com/home/top_of_the_news/Solvay-exploring-building-hydrogen-peroxide-plant-in-Russia_72350.html
July 23, 2015
Energy and petrochemicals producer Gail (India) on Thursday reported sales of 125.19 billion Indian rupees ($1.96 billion) in the first quarter of the financial year ending 30 June...
http://www.chemweek.com/home/top_of_the_news/Petrochemicals-hurt-Gails-first-quarter-results_72392.html
July 23, 2015
CB&I on Thursday announced the award of a contract valued in excess of $100 million from a major energy company for a Tier 3 clean fuels project. The scope of work at the refinery...
http://www.chemweek.com/home/top_of_the_news/CB-and-I-awarded-refinery-contract-in-Louisiana_72391.html
July 22, 2015
Ineos on Wednesday reported a 36% rise in second-quarter Ebitda, to €610 million ($664.4 million), compared with the year-earlier quarter and a 21% rise on the first quarter of...
http://www.chemweek.com/home/top_of_the_news/Ineos-reports-rise-in-earnings-with-strong-performance-in-North-America-and-Europe_72366.html
July 22, 2015
Kemira (Helsinki) has announced revenue in second-quarter 2015 of €594.8 million ($646.4 million) compared with €518.2 million a year ago, or up 15% year-on-year (YOY)...
http://www.chemweek.com/home/top_of_the_news/Kemiras-revenue-profit-increase-by-double-digits-in-second-quarter_72362.html
July 22, 2015
Alpek’s (Monterrey, Mexico) second-quarter net income more than doubled year-on-year (YOY), to $83 million, driven mainly by an improvement in the company's operating results...
http://www.chemweek.com/home/top_of_the_news/Alpeks-second-quarter-net-income-more-than-doubles-despite-lower-sales_72363.html
July 22, 2015
Ardian (Frankfurt), an independent private investment company, says that it has acquired the exclusive synthesis and maleic anhydride (MA) intermediates and specialties businesses of...
http://www.chemweek.com/home/top_of_the_news/Investment-firm-buys-agchem-intermediates-and-MA-and-derivatives-businesses-from-DSM-JV_72360.html
July 22, 2015
Shaoxing Yuandong Petrochemical (Shaoxing, China) has filed for liquidation. The company says it lacks the ability to repay debt due for repayment. The company held a provisional...
http://www.chemweek.com/home/top_of_the_news/China-PTA-company-files-for-liquidation_72359.html
July 22, 2015
The supervisory board of BASF on Wednesday extended the contract of BASF chairman Kurt Bock to the board of executive directors as well as his appointment as chairman until the end of...
http://www.chemweek.com/home/top_of_the_news/BASF-extends-contracts-of-four-board-members-by-five-years_72358.html
July 22, 2015
GS Engineering & Construction (Seoul) has signed a contract with Korea Petrochemical Industry Co. (KPIC; Seoul) to expand a naphtha South Korea, the engineering firm says in a...
http://www.chemweek.com/home/top_of_the_news/GS-Engineering-to-expand-cracker-aromatics-complex-in-South-Korea_72357.html
July 22, 2015
Petrobras (Rio de Janeiro) has confirmed that an internal investigation committee has found irregularities in the approval process of a July 2009 contract to provide Braskem...
http://www.chemweek.com/home/top_of_the_news/Petrobras-internal-investigation-finds-irregularities-in-2009-naphtha-contract-with-Braskem_72355.html
July 22, 2015
Lower crude oil prices could reduce production growth in Canada’s oil sands by a quarter through 2020, according to a new forecast by IHS. Production will continue to grow, reaching 2.9 million bbl/day in 2020, but the estimated increase over 2014—800,000 bbl/day—is 280,000 bbl/day less than previously forecast....
http://www.chemweek.com/home/top_of_the_news/IHS-Low-crude-price-could-reduce-Canada-oil-sands-growth-by-a-quarter_72368.html
July 22, 2015
Lonza reports a 2.5% increase in net profit for the first half of 2015 compared with the same period last year, to 166 million Swiss francs, on sales up 5.8%, to SF1.9 billion...
http://www.chemweek.com/home/top_of_the_news/Lonzas-earnings-sales-rise-on-restructuring-firm-demand-more-job-cuts-planned-at-Swiss-site_72354.html
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