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August 24, 2015
If crude oil prices do not recover within five years, the second wave of new ethane crackers in North America will likely be postponed to 2025, tightening ethylene supply and boosting the profitability of naphtha-based producers in Europe and Asia, according to a new study by IHS Chemical, Crude Oil Turmoil and the Global Impact on Petrochemicals—Special Report....
August 24, 2015
The Korea Exchange has asked LG Chem (Seoul), one of Korea’s leading petrochemical companies, to respond to market rumors that it is preparing to bid for Dongbu Farm Hannong...
August 24, 2015
Shree Pushkar Chemicals & Fertilisers (SPCF; Mumbai), a producer of dye intermediates, acids, fertilizers, and animal feed supplements, plans to enter the capital market with an...
August 23, 2015
Lubrizol and Daelim Industrial (Seoul) have signed a technology license agreement granting Lubrizol the right to use Daelim technology for the manufacture of polyisobutylenes (PIBs)...
August 23, 2015
The Indian government, through the Ministry of Petroleum & Natural Gas, announced on Saturday that it plans to sell a 10% stake in Indian Oil (New Delhi), the country’s...
August 21, 2015
Vopak reports a 13% increase in net profit for the first half of 2015 compared with the corresponding period of last year, to €143 million ($162.2 million), on revenue up 8%, to...
August 21, 2015
Iran has given more information about a planned, $12-billion petrochemical hub at Chabahar, on the Gulf of Oman, which will add to its existing major petrochemical operations at...
August 21, 2015
K+S (Kassel, Germany) on Friday announced the appointment of Rainer Gerling to the executive management of the company with effect from 1 January 2016. Gerling will succeed Ralf...
August 20, 2015
Chemours will close its Edgemoor, DE, titanium dioxide (TiO2) plant by the end of September. The company also plans to shut a TiO2 line at its New Johnsonville, TN, site. The closures will eliminate roughly 150,000 m.t./year of TiO2 capacity as the company nears completing a 200,000-m.t./year unit at Altamira, Mexico....
August 20, 2015
Solvay's specialty polymers segment, headquartered at Alpharetta, GA, and a leading global supplier of thermoplastics, on Thursday announced a new licensing agreement that enables RTP...
August 20, 2015
Brazil's domestic sales index of industrial chemical product usage declined by 4.04% year-on-year (YOY) over the first six months of 2015, according to the country's chemical industry...
August 20, 2015
Saudi Arabian Mining Co. (Ma’aden) said on Thursday that its subsidiary Ma’aden Phosphate Co. (MPC) will shut down its ammonia plant at Ras Al Khair, Saudi Arabia, to carry...
August 20, 2015
Fluor has agreed with Offshore Oil Engineering Co. (COOEC), a subsidiary of China National Offshore Oil Corp., to form a joint venture, COOEC Fluor Heavy Industries, through which the...
August 20, 2015
JSR (Tokyo) reports lower profits in the quarter ended 30 June. Operating income was down 8.9%, to ¥7.4 billion ($59.8 million), while net income declined 7.9%, to ¥4.95...
August 20, 2015
A number of major coastal ports in China have curbed the handling of hazardous chemical cargoes in their port areas, following the explosions at a hazardous chemical warehouse in...
August 20, 2015
Rayonier Advanced Materials (RYAM; Jacksonville, FL) has filed suit against Eastman Chemical in a dispute over the conditions of their speciality cellulose products supply and purchase...
August 20, 2015
Asahi Kasei said on Thursday that the Fair Trade Commission of the Republic of Korea on 19 August cleared the previously announced acquisition of Polypore International (Charlotte...
August 20, 2015
Borouge, a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis (Vienna), has selected Neste Jacobs (Porvoo, Finland), a technology, engineering, and project management...
August 19, 2015
LG Chem says it has completed expanding its acrylic acid and a super absorbent polymer (SAP) plants at Yeosu, South Korea. The company announced the 320-billion South Korean won...
August 19, 2015
Evonik Industries has opened its first application technology laboratory for medical devices. The Shanghai-based laboratory will support medical device manufacturers who use Evonik...
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