IHS Chemical Week

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June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/home/top_of_the_news/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
June 10, 2014
Ineos Technologies announced today that it has licensed its Innovene S process to Hyundai Engineering for use in Turkmengas’s previously announced, new, greenfield, world-scale...
http://www.chemweek.com/home/top_of_the_news/Ineos-licenses-Innovene-S-polyethylene-technology-to-Turkmenistan_61646.html
June 10, 2014
Univar says it has broken ground on a 52,000–sq ft distribution center on 12 acres of land at Elmendorf, TX. The facility, located in the Alamo Junction Rail Park, is expected to...
http://www.chemweek.com/home/top_of_the_news/Univar-breaks-ground-on-facility-in-Texas-to-serve-oil-and-gas-industry_61643.html
June 10, 2014
Sasol says it has selected Air Products to build, own, and operate a world-scale air separation plant for the long-term supply of oxygen, nitrogen, and compressed air to Sasol’s...
http://www.chemweek.com/home/top_of_the_news/Air-Products-to-build-air-separation-plant-to-supply-Sasols-US-GTL-complex_61642.html
June 10, 2014
Sibur (Moscow), Russia’s largest petrochemicals producer, today reported a 263% increase in first-quarter profit, to 56.8 billion Russian rubles ($1.65 billion), on 21% higher...
http://www.chemweek.com/home/top_of_the_news/Sibur-reports-big-increase-in-first-quarter-results-new-PP-plant-contributes_61641.html
June 10, 2014
BASF has signed a memorandum of understanding with East China University of Science and Technology (Ecust) to jointly develop a training curriculum that helps to raise sustainability...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Chinese-university-sign-MOU-covering-supplier-training-program_61640.html
June 10, 2014
Umicore (Brussels) says that it will build a new production facility at Nowa Ruda, Poland, to produce emission control catalysts used in cars and trucks. Umicore will invest about...
http://www.chemweek.com/home/top_of_the_news/Umicore-to-build-catalyst-plant-in-Poland_61639.html
June 9, 2014
The 11th International Petrochemical Forum (IPC), a two-day event that began at Tehran on Saturday, attracted 50 foreign and 330 Iranian companies, local news agencies report. The...
http://www.chemweek.com/home/top_of_the_news/Iran-to-double-petrochemical-capacity-say-officials-at-industry-conference_61615.html
June 9, 2014
Sahara Petrochemicals (Riyadh) and Saudi International Petrochemical Co. (Sipchem; Al Khubar, Saudi Arabia) said today that they have decided not to pursue merger talks. This...
http://www.chemweek.com/home/top_of_the_news/Sahara-Petrochemicals-and-Sipchem-abandon-merger-talks_61613.html
June 9, 2014
Sasol and Ineos have committed to a 50-50 joint venture to produce bimodal high-density polyethylene (HDPE) at Ineos’s Battleground Manufacturing Complex in LaPorte, TX. The jv will construct a 470,000-m.t./year HDPE plant, which is expected to begin operation in 2016....
http://www.chemweek.com/home/top_of_the_news/Sasol-and-Ineos-go-forward-on-Texas-HDPE-joint-venture_61626.html
June 9, 2014
The Ministry of Commerce (Mofcom; Beijing) has extended China’s antidumping measures for acetone imported from Japan, Singapore, South Korea, and Taiwan for a further five years...
http://www.chemweek.com/home/top_of_the_news/China-extends-antidumping-measures-on-acetone-from-Japan-Singapore-South-Korea-and-Taiwan_61617.html
June 9, 2014
BASF can benefit greatly from US shale gas, says Jeremy Redenius, senior analyst with Bernstein Research (London). In a research note following meetings last week with Andreas...
http://www.chemweek.com/home/top_of_the_news/Analyst-BASF-to-benefit-from-US-shale-gas_61620.html
June 9, 2014
KMG announced results for its third quarter ended 30 April, including lower electronics chemicals sales with strength in wood-treating chemicals. Net income of $1.2 million was down...
http://www.chemweek.com/home/top_of_the_news/KMG-earnings-down-electronic-chemical-sales-up_61604.html
June 6, 2014
American Securities (New York), a private equity firm, has announced that it has partnered with management and signed a definitive agreement to acquire Emerald Performance Materials...
http://www.chemweek.com/home/top_of_the_news/Private-equity-firm-American-Securities-buys-Emerald-Performance-Materials_61570.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/home/top_of_the_news/Trinseo-launches-$180-million-IPO_61481.html
June 6, 2014
DSM says that it has signed a memorandum of cooperation with political leaders from Sichuan Province, China, and both parties agree to explore cooperation opportunities in...
http://www.chemweek.com/home/top_of_the_news/DSM-explores-investing-in-Chinas-Sichuan-Province_61599.html
June 5, 2014
Altana today inaugurated its new additives facility at Wallingford, CT, doubling capacity for paints, composites and other additives in its BYK Additives and Instruments division. The...
http://www.chemweek.com/home/top_of_the_news/Altana-doubles-US-additives-capacity_61598.html
June 5, 2014
The explosion that occurred in the evening of 3 June at Shell Chemicals' Moerdijk, Netherlands, site has caused styrene prices to rise and is expected to result in more balanced...
http://www.chemweek.com/home/top_of_the_news/Moerdijk-explosion-drives-up-styrene-spot-prices-in-Europe_61583.html
June 5, 2014
BASF announced today that it is implementing a series of measures within its home-care and industrial and institutional cleaning and formulation technologies businesses to strengthen...
http://www.chemweek.com/home/top_of_the_news/BASF-restructures-care-chemicals-cuts-jobs_61582.html
June 5, 2014
After assessing of Ranbaxy Laboratories' (Gurgaon, India) active pharmaceutical ingredient (API) manufacturing facility at Toansa, India, European regulatory authorities say...
http://www.chemweek.com/home/top_of_the_news/European-regulatory-authorities-to-reinstate-GMP-certificate-for-Ranbaxys-API-plant-at-Toansa_61581.html
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