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December 15, 2015
Inovyn (London) has announced plans to close a chloromethanes production plant at Runcorn, UK, effective 1 March 2016. The closure forms part of Inovyn's plan to focus chloromethanes...
http://www.chemweek.com/home/top_of_the_news/Inovyn-to-close-chloromethanes-plant-in-UK_75841.html
December 16, 2015
Daniel Loeb, founder and CEO of activist hedge fund Third Point (New York), sent a private letter over the weekend to Dow Chemical’s board calling for the removal of Dow CEO Andrew Liveris. Loeb’s letter argues that Liveris should not have a role in the combined company, of which he would be executive chairman, after Dow merges with DuPont, according to multiple reports....
http://www.chemweek.com/home/top_of_the_news/Third-Points-CEO-wants-removal-of-Dow-CEO-following-Dow-DuPont-deal-update_75819.html
December 14, 2015
DuPont has announced several executive leadership changes, including a new head for its agriculture unit. The news came in the wake of Friday's announcement that the company plans to...
http://www.chemweek.com/home/top_of_the_news/DuPont-names-new-agriculture-head_75832.html
December 14, 2015
BASF has declined to comment on a report that it is planning to invest in petrochemicals in Iran. The local Press TV, citing Hamid Reza Rostami, director of planning and development at...
http://www.chemweek.com/home/top_of_the_news/BASF-to-invest-in-petrochemicals-in-Iran_75823.html
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
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