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August 25, 2015
Siegfried (Zofingen, Switzerland) on Wednesday reported an increase in sales and profits, recording the highest half-year sales in more than 10 years. At 200.7 million Swiss francs...
August 25, 2015
On Monday, Lotte Ube Synthetic Rubber, a joint venture among Lotte Chemical, with a 40% interest; its wholly owned Malaysian subsidiary Lotte Chemical Titan Holding (10%), Ube...
August 25, 2015
DSM has announced adjustments to its organizational and operating model, which it says have the objective of “creating a more agile, focused, and cost-efficient organization with...
August 25, 2015
Uralkali (Berezniki, Russia), a leading potash fertilizers producer, on Tuesday reported profits in the first six months of this year increased significantly. Ebitda was up 22%...
August 25, 2015
Yara International (Oslo) says that Svein Tore Holsether, the newly appointed president and CEO of Yara, will join the company on 9 September. On 30 March, Yara...
August 25, 2015
Lenzing (Lenzing, Austria), a producer of man-made cellulosic fibers, has announced sales of €955.4 million ($1.10 billion) in the first half of 2015 compared with sales of...
August 25, 2015
LyondellBasell CEO Bob Patel expects to announce a polyethylene project later this year, according to a report in the Houston Chronicle. The plant could be located in the Houston area or at one of the company’s sites in southern Texas, says the report. The Houston Chronicle interviewed Patel last week at LyondellBasell’s Channelview complex....
August 25, 2015
Syngenta, the global leading agrochemicals company, said on Tuesday it has no comment to make on reports that Monsanto has increased its offer by 4.7% to 43.7 billion Swiss...
August 24, 2015
A rekindling of direct foreign investment in Iran’s huge petrochemical sector—if and when international sanctions are lifted—could reap large rewards for nimble...
August 24, 2015
Sasol (Johannesburg) says it is not pursuing any prospects in Iran at this stage. The company clarified its position on Monday in response to reports quoting Abbas She’ri...
August 24, 2015
African Potash (London), the AIM-listed exploration company focused on sub-Saharan potash assets, said on Monday that it has entered into a memorandum of understanding (MOU) to supply...
August 24, 2015
An explosion and fire in a chemical plant at Zibo in Shandong Province, China at about 9:00 p.m. on 22 August has killed one employee and injured nine, China's official Xinhua press...
August 24, 2015
Biobased isobutanol firms Gevo (Englewood, CO) and Butamax Advanced Biofuels (Wilmington, DE) have entered into global patent cross-licensing and settlement agreements, ending a...
August 24, 2015
Ninety-five people, including 85 firefighters, are missing following the massive explosions on Wednesday night at a warehouse storing hazardous chemicals at Tianjin, China, the...
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...
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