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January 28, 2015
Winter Storm Juno in the United States took a more northeastern route than initially forecast, on 26 January and early yesterday, missing refineries and aromatics plants in the...
http://www.chemweek.com/home/top_of_the_news/Winter-Storm-Juno-misses-aromatics-production-in-northeast-US_67251.html
January 28, 2015
Sadara, a joint venture between Saudi Aramco and Dow Chemical, and Chemie-Cluster Bayern (CCB) have announced that they have signed an agreement to cooperate and jointly support the...
http://www.chemweek.com/home/top_of_the_news/Sadara-and-Bavarian-partnership-sign-cooperation-agreement-for-PlasChem-Park_67270.html
January 28, 2015
Novus International (St. Louis, MO) has awarded a contract to Jacobs Engineering for a previously announced expansion of its methionine capacity on the US Gulf Coast. Jacobs will...
http://www.chemweek.com/home/top_of_the_news/Novus-awards-US-methionine-expansion-contract-to-Jacobs_67269.html
January 28, 2015
Shell has signed a deal with Iraq worth $11 billion to build a previously announced petrochemicals complex near Basra, according to Industry Minister Nasser Al Esawi. Esawi told a...
http://www.chemweek.com/home/top_of_the_news/Shell-signs-deal-to-build-petrochemicals-complex-in-Iraq_67263.html
January 28, 2015
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), reports a 58% increase in net profits for the fourth quarter of 2014 compared with the year-ago quarter, to...
http://www.chemweek.com/home/top_of_the_news/Siam-Cements-chemicals-business-reports-rise-in-profits_67266.html
January 28, 2015
Johnson Matthey today provided its third quarter trading update and retained its full-year guidance. For the third quarter ended 31 December 2014, the company reported a 1% increase in...
http://www.chemweek.com/home/top_of_the_news/Johnson-Matthey-reports-higher-sales-and-earnings-retains-guidance_67267.html
January 28, 2015
Sasol said today that it is formulating a comprehensive plan to conserve cash in response to lower international oil prices. While the detailed actions for Sasol’s plan are being...
http://www.chemweek.com/home/top_of_the_news/Sasol-postpones-plans-for-gas-to-liquids-project-in-Louisiana_67264.html
January 28, 2015
BASF announced today that Sherwood Chemicals Australasia has reached a settlement with BASF relating to the infringement of BASF fipronil patent. Fipronil is the active ingredient in...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Sherwood-Chemicals-settle-fipronil-patent-infringement-case-in-Australia_67262.html
January 28, 2015
DuPont Fluoropolymer Solutions and Zhonghao Chenguang Chemical Research Institute Co., a subsidiary of ChemChina, have announced that they have formed an equally owned joint venture...
http://www.chemweek.com/home/top_of_the_news/DuPont-and-ChemChina-form-fluoroelastomers-joint-venture_67260.html
January 27, 2015
DuPont, facing a proxy battle from activist investor Trian Partners (New York), today increased the cost savings target from its ongoing restructuring by 30%, to $1.3 billion, and said it would use proceeds from the planned spin off of its Chemours performance chemicals business to fund a $4-billion share repurchase. DuPont expects to complete the spin off of Chemours by mid-2015....
http://www.chemweek.com/home/top_of_the_news/DuPont-reports-stronger-fourth-quarter-warns-currency-will-be-drag-on-2015-earnings_67239.html
January 27, 2015
Toray Industries says that it will expand the production capacity for low-melt polyester staple fiber at the Gumi, South Korea, production site of Toray Chemical Korea. The...
http://www.chemweek.com/home/top_of_the_news/Toray-to-expand-polyester-staple-fiber-production-in-South-Korea_67235.html
January 27, 2015
Sasol said on Monday that it reached an agreement to divest its Price’s Candles business to Lion Match. Sasol has owned the Price’s Candles, one of South Africa’s...
http://www.chemweek.com/home/top_of_the_news/Sasol-sells-candles-business-to-Lion-Match_67234.html
January 27, 2015
Sika (Baar, Switzerland) says that it has agreed to acquire the assets of Duro-Moza (Maputo), a company active in production and sales of specialized mortars and tile adhesives...
http://www.chemweek.com/home/top_of_the_news/Sika-acquires-mortar-and-tile-adhesive-manufacturer-in-Mozambique_67231.html
January 27, 2015
Cabot says that it has been awarded contracts by two US power utilities to supply its Darco Hg family of activated carbon products to remove mercury from the flue gas of coal-fired...
http://www.chemweek.com/home/top_of_the_news/Cabot-awarded-two-contracts-for-mercury-removal_67230.html
January 27, 2015
Winter Storm Juno in the northeastern United States could reduce aromatics operations for several producers in the region. The National Weather Service (Silver Spring, MD) issued...
http://www.chemweek.com/home/top_of_the_news/Winter-Storm-Juno-may-impact-northeast-US-aromatics_67225.html
January 27, 2015
Enterprise Products Partners has shut down part of the Appallachia-to-Texas (Atex) ethane pipeline after it was damaged on the morning of 26 January by a rupture and explosion in Brooke County, WV. No one was injured by the blast....
http://www.chemweek.com/home/top_of_the_news/Explosion-limits-service-on-Enterprises-Atex-ethane-pipeline_67241.html
January 27, 2015
ACC's Chemical Activity Barometer (CAB), a leading economic indicator index developed by ACC's economics department, increased 0.2% to 97.7 in January, following a 0.1% decline in...
http://www.chemweek.com/home/top_of_the_news/ACCs-leading-indicator-shows-modest-January-gain_67240.html
January 26, 2015
Ashland today reported fiscal first-quarter net income from continuing operations down 55% year-on-year (YOY), to $40 million, or 57 cts/share, on sales that were roughly flat at $1.4...
http://www.chemweek.com/home/top_of_the_news/Ashland-earnings-fall-on-elastomers-sale-charge-but-beat-estimates_67226.html
January 26, 2015
Methanex has started up a 1.0-million m.t./year methanol plant that has been relocated from Chile to Geismar, LA."This accomplishment marks another key milestone in our 2013 commitment to grow our [annual] operating capacity by approximately 3.0 million m.t. over three years, and it will support our continued growth and strategic focus on global methanol leadership,” says John Floren, president and CEO....
http://www.chemweek.com/home/top_of_the_news/Methanex-brings-first-relocated-Geismar-methanol-plant-online_67212.html
January 26, 2015
MeadWestvaco (MWV) and RockTenn are planning a merger that would create a $16.0-billion leader in the global packaging industry. The combined company, to be named prior to closing...
http://www.chemweek.com/home/top_of_the_news/MWV-to-merge-with-packaging-firm-RockTenn-before-spinning-off-specialty-chemicals_67210.html
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