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July 1, 2015
Solvay on Wednesday held an inauguration ceremony for its highly dispersible silica (HDS) plant at Wloclawek, Poland. The facility, which is designed to produce 85,000 m.t./year...
http://www.chemweek.com/home/top_of_the_news/Solvay-commissions-highly-dispersible-silica-plant-in-Poland_71815.html
July 1, 2015
Archroma (Reinach, Switzerland) has completed the previously announced acquisition of BASF's worldwide textile chemicals business. Archroma says that the deal reinforces the company's...
http://www.chemweek.com/home/top_of_the_news/Archroma-completes-acquisition-of-BASFs-textile-chemicals-business_71788.html
July 1, 2015
BASF has sold its 25% stake in the SolVin polyvinyl chloride (PVC) joint venture to its partner, Solvay. The deal closed today—financial details of the transaction have not been...
http://www.chemweek.com/home/top_of_the_news/BASF-exits-SolVin-PVC-JV-Solvay-Ineos-launch-Inovyn_71808.html
July 1, 2015
Europe's styrene barge contract price for July has settled at €1,325/m.t., a decrease of €85 from the June price of €1,410/m.t. This settlement follows the benzene...
http://www.chemweek.com/home/top_of_the_news/Europe-styrene-barge-contract-price-for-July-settles-lower_71810.html
July 1, 2015
ENI (Rome) will sell 1.4 million m.t./year of liquefied natural gas (LNG) from the Jangkrik fields development project to Pertamina (Jakarta) starting from 2017, it says. Together with...
http://www.chemweek.com/home/top_of_the_news/ENI-to-sell-LNG-from-Jangkrik-project-to-Pertamina-from-2017_71787.html
July 1, 2015
HSBC's China Manufacturing Purchasing Managers’ Index (PMI) in June firmed to 49.4 from 49.2 in May but remained in contraction for a fourth month running, the bank said...
http://www.chemweek.com/home/top_of_the_news/HSBCs-June-China-PMI-firms-from-May-but-remains-in-contraction_71783.html
July 1, 2015
Borealis (Vienna) said on Wednesday that it will invest €160 million ($177.4 million) in its Stenungsund, Sweden site. The investment includes an upgrade and revamp of four of the...
http://www.chemweek.com/home/top_of_the_news/Borealis-invests-in-Sweden-cracker-will-close-two-old-furnaces_71806.html
July 1, 2015
DuPont today completed the separation of its performance chemicals segment through the spin-off of Chemours to shareholders. Chemours begins regular trading today on the New York Stock...
http://www.chemweek.com/home/top_of_the_news/DuPont-completes-Chemours-spin-off_71805.html
July 1, 2015
Mitsui Chemicals and SKC (Seoul) say that their previously announced equally-owned polyurethane (PU) raw material joint venture—Mitsui Chemicals & SKC Polyurethanes (MCNS...
http://www.chemweek.com/home/top_of_the_news/Mitsui-Chemicals-SKC-PU-materials-JV-becomes-operational_71803.html
July 1, 2015
Solvay and Umicore today announced that they have sold their respective 50% stakes in the SolviCore (Hanau, Germany) joint venture to Toray Industries. Financial details of the deal...
http://www.chemweek.com/home/top_of_the_news/Solvay-and-Umicore-sell-fuel-cell-materials-joint-venture-to-Toray_71802.html
July 1, 2015
Connell Brothers, a distributor of specialty chemicals and ingredients, says that it has been appointed to market FMC's food ingredient products in Taiwan, starting 8 August. Connell...
http://www.chemweek.com/home/top_of_the_news/Connell-Brothers-signs-distribution-deal-with-FMC-for-food-ingredient-products-in-Taiwan_71799.html
July 1, 2015
Bayer CropScience said on Wednesday that effective 1 July 2015 Jacqueline Applegate, 49, becomes head of Environmental Science, the non-agricultural business operations unit of Bayer...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-appoints-new-head-of-Environmental-Science-business_71795.html
July 1, 2015
CF Industries (Deerfield, IL) and Yara International (Oslo) today announced that CF will acquire Yara’s 50% equity interest in their equally owned GrowHow UK (Ince, UK)...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-buys-out-Yara-in-GrowHow-UK-joint-venture-for-$580-million_71793.html
July 1, 2015
Borealis and Nexeo Solutions, a leader in plastics distribution, have announced an agreement to extend and further develop their existing partnership. Borealis is emphasizing the rigid...
http://www.chemweek.com/home/top_of_the_news/Borealis-and-Nexeo-extend-plastics-distribution-partnership_71791.html
June 30, 2015
Optima Chemical, an affiliate of Charkit Chemical (Norwalk, CT), has acquired certain manufacturing assets in Belle, WV from Chemours, the performance chemicals business of...
http://www.chemweek.com/home/top_of_the_news/Optima-Chemical-acquires-certain-Chemours-manufacturing-assets-at-Belle-WV_71782.html
June 30, 2015
Private equity firm Arsenal Capital has acquired Peach State Labs (Rome, GA), a maker of specialty polymers used in flooring, textiles, coatings, consumer products, leather...
http://www.chemweek.com/home/top_of_the_news/Arsenal-acquires-Peach-State-Labs_71781.html
June 30, 2015
North America's styrene producers have this month been trying to lock in margins by selling material for forward months because of strong styrene spot prices and relatively low benzene...
http://www.chemweek.com/home/top_of_the_news/North-Americas-styrene-producers-seek-to-lock-in-margins-through-August_71778.html
June 30, 2015
The US July benzene contract settled higher today as expected, following the year-to-date spot-price highs seen last week that came on the back of heavy producer interest due to recent...
http://www.chemweek.com/home/top_of_the_news/US-July-benzene-contract-up-as-expected-following-spot-highs_71779.html
June 30, 2015
Petrobras (Rio de Janeiro) will cut its investments by 37% over the next five years, according to the company's business plan presented by Aldemir Bendine, CEO. The company anticipates...
http://www.chemweek.com/home/top_of_the_news/Petrobras-slashes-investment-budget-for-2015-19-citing-fall-in-oil-prices_71767.html
June 30, 2015
Sirius Minerals (London) has won final planning permission for its $3 billion York Potash project near Whitby in the north of England, four years after the plan was first revealed. The...
http://www.chemweek.com/home/top_of_the_news/Sirius-wins-final-planning-permission-for-controversial-UK-potash-project_71780.html
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