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March 26, 2013
The deal puts to rest a long-running legal dispute between the 2 leading genetically modified seed firms and nullifies $1 billion in damages that a St. Louis district court awarded to Monsanto in August 2012....
http://www.chemweek.com/home/top_of_the_news/DuPont-Monsanto-sign-$1-75-billion-licensing-deal-end-patent-dispute_50739.html
March 26, 2013
Troubled vinyls company Kem One (Lyon, France) was scheduled to present to a Lyon court this morning an "application to default on its debts," French media reports say...
http://www.chemweek.com/home/top_of_the_news/Vinyls-company-Kem-One-applies-to-default-on-its-debts_50738.html
March 26, 2013
“I think, from an Ineos point of view, we’ll look at whether we can underpin any of our assets in Europe with cheap feedstocks in one form or another from the United States," says Jim Ratcliffe, chairman of Ineos....
http://www.chemweek.com/home/top_of_the_news/AFPM-IPC-Ineos-shifting-resources-to-US-Ratcliffe_50731.html
March 26, 2013
Showa Denko says it has completed the previously announced acquisition of a controlling stake in Sinosteel Sichuan Carbon (Guangyuan, Sichuan Province, China), an integrated...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-establishes-graphite-electrode-subsidiary-in-China_50735.html
March 26, 2013
The decision by Ferro’s board to reject A. Schulman’s recent takeover offer without negotiations and pursue its own restructuring plan is being blasted by an increasingly...
http://www.chemweek.com/home/top_of_the_news/Ferros-board-faces-shareholder-mutiny_50575.html
March 25, 2013
“If industry had more certainty that regulations would not change every election cycle, there would be a significant investment in infrastructure,” says AFPM president Charles Drevna....
http://www.chemweek.com/home/top_of_the_news/AFPM-IPC-Shale-gas-carrying-US-economy-Drevna_50719.html
March 25, 2013
Sinopec’s chemicals segment reports a 2% fall in revenues for 2012 compared with 2011, to 411.9 billion renminbi ($66.5 billion). This decline was primarily due to the...
http://www.chemweek.com/home/top_of_the_news/Sinopecs-chemicals-segment-reports-fall-in-profits-and-sales_50712.html
March 25, 2013
Myriant (Quincy, MA) and Bayegan Group (Istanbul) have signed a broad collaboration agreement to commercialize Myriant’s biobased succinic acid in markets across the...
http://www.chemweek.com/home/top_of_the_news/AFPM-IPC-Myriant-and-Bayegan-sign-broad-distribution-agreement-for-biobased-succinic-acid_50717.html
March 25, 2013
PolyOne has entered into an agreement to sell its vinyl dispersion, blending, and suspension resin assets to Mexichem (Tlalneplantla, Mexico) for $250 million in cash, PolyOne...
http://www.chemweek.com/home/top_of_the_news/PolyOne-to-sell-its-vinyls-assets-to-Mexichem-in-$250-million-cash-deal_50715.html
March 25, 2013
Reverdia, a joint venture between DSM and Roquette Frères (Lestrem, France), has started operations at the world’s first large-scale plant for biobased succinic acid at...
http://www.chemweek.com/home/top_of_the_news/Reverdia-starts-up-worlds-first-large-scale-biobased-succinic-acid-plant_50713.html
March 22, 2013
Indorama Ventures’ (Bangkok) polymers subsidiary AlphaPet has confirmed the construction of a previously announced polyethylene terephthalate (PET) production unit in the United...
http://www.chemweek.com/home/top_of_the_news/Indorama-subsidiary-confirms-PET-project-at-BP-site-in-the-US_50709.html
March 22, 2013
Fine and specialty chemicals company CABB (Sulzbach, Germany), Jining Gold Power (Jining, China), and Jinwei Huasheng Chemical (Jining) have signed a memorandum of understanding to...
http://www.chemweek.com/home/top_of_the_news/CABB-to-establish-MCA-joint-venture-in-China_50694.html
March 22, 2013

IHS Chemical projects that by 2025, the volume will approach 250 million m.t., triple the volume of 2000 and nearly double that of 2010.

...

http://www.chemweek.com/home/top_of_the_news/IHS-WPC-Global-chemical-trade-to-boom-on-advantaged-feedstocks-Witte_50660.html
March 22, 2013
Altana's (Wesel, Germany) net income increased almost 5% during 2012, to €155 million ($203 million) from €148 million the year before, the company reported today. Ebitda and...
http://www.chemweek.com/home/top_of_the_news/Altanas-2012-net-income-up-5-percent_50696.html
March 22, 2013
Lenzing's (Lenzing, Austria) net profit fell by about 30%, from €267.4 million ($349.6 million) in 2011 to €191.9 in 2012, the company reported today. Ebitda also dropped by...
http://www.chemweek.com/home/top_of_the_news/Lenzings-2012-profit-plummets-by-about-30-percent_50695.html
March 22, 2013
Ministry of Commerce, PRC (Mofcom; Beijing) will impose antidumping duties on imports of resorcinol from Japan and the United States for five years starting 23 March, the Chinese...
http://www.chemweek.com/home/top_of_the_news/China-slaps-antidumping-duties-on-resorcinol-from-Japan-and-US_50693.html
March 22, 2013
The Chinese government says that the new China Food and Drug Administration (CFDA; Beijing) has begun operating today. The government announced earlier this month that it would create...
http://www.chemweek.com/home/top_of_the_news/Chinas-new-food-and-drug-safety-watchdog-CFDA-becomes-operational_50692.html
March 22, 2013
LyondellBasell Industries says that Nizhnekamskneftekhim (Nizhnekamsk, Russia), the largest petrochemical company in Russia, has selected LyondellBasell’s Spheripol process...
http://www.chemweek.com/home/top_of_the_news/Nizhnekamskneftekhim-selects-LyondellBasell-technology-for-PP-plant_50690.html
March 21, 2013
Although shale gas has cut into North American benzene supply and raised prices, it has simultaneously advantaged the production of benzene derivatives...
http://www.chemweek.com/home/top_of_the_news/IHS-WPC-Shale-will-drive-benzene-derivatives-in-North-America_50684.html
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