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April 17, 2015
LG Chem (Seoul), South Korea s largest chemical company, says net profits declined 14% in the first quarter of 2015 compared with the year-ago period, to 246.1 billion South Korean won...
http://www.chemweek.com/home/top_of_the_news/LG-Chem-reports-falls-in-profits-sales_69557.html
April 17, 2015
Wacker Chemie has declined to comment on reports that it is advancing with a previously announced preparation for a possible stock market listing of Siltronic, its semiconductor...
http://www.chemweek.com/home/top_of_the_news/Wacker-selects-banks-for-Siltronic-IPO_69554.html
April 17, 2015
Honeywell reports that its performance materials and technologies segment turned in first-quarter profit of $503 million, up 6% year-over-year (YOY). Sales declined 5% YOY, to $2.34 billion....
http://www.chemweek.com/home/top_of_the_news/Honeywells-performance-materials-and-technologies-segment-increases-quarterly-profit_69566.html
April 17, 2015
Brazil's demand for commodity plastics contracted significantly during 2014 compared with the previous year, according to figures released by chemical industry association Abiquim...
http://www.chemweek.com/home/top_of_the_news/Brazils-demand-for-plastics-contracted-significantly-during-2014_69565.html
April 17, 2015
South Korea exported about 128,000 m.t. of benzene during 1–16 April, about 54% of the 236,744 m.t. transported for the whole of March, data obtained by IHS Chemical show. The...
http://www.chemweek.com/home/top_of_the_news/South-Koreas-first-half-April-benzene-exports-reach-54-percent-of-March-total_69550.html
April 17, 2015
Brazil's chemical imports during the first quarter amounted to $9.1 billion, down 6.8% compared with the first quarter of 2014, equivalent to about 7.5 million m.t. in volume terms...
http://www.chemweek.com/home/top_of_the_news/Brazil-chemical-imports-down-in-first-quarter-trade-balance-still-in-deficit_69564.html
April 17, 2015
Cytec Industries says that its board of directors has elected Carmelo Lo Faro as v.p. and chief technology officer. In this capacity, Lo Faro will drive the company's technology and...
http://www.chemweek.com/home/top_of_the_news/Cytec-appoints-chief-technology-officer_69546.html
April 17, 2015
Yanbu National Petrochemical Co. (Yansab; Yanbu, Saudi Arabia), a Sabic affiliate, said on Thursday that its manufacturing complex at Yanbu will undergo maintenance starting Friday...
http://www.chemweek.com/home/top_of_the_news/Yansab-starts-lengthy-maintenance-shutdown_69545.html
April 17, 2015
Reliance Industries says net profits for the company’s fiscal fourth quarter, ended 31 March 2015, increased 8.5% compared with the same period of the previous fiscal year, to...
http://www.chemweek.com/home/top_of_the_news/Reliance-reports-8-5-percent-rise-in-quarterly-profits_69563.html
April 17, 2015
Huntsman says that its performance products division plans to expand capacity for specialty amines at its manufacturing facilities at Petfurdo, Hungary; and Conroe, TX. The new...
http://www.chemweek.com/home/top_of_the_news/Huntsman-expands-capacity-for-specialty-amines-in-Hungary-US_69559.html
April 17, 2015
Yeochun NCC (YNCC; Seoul) is on schedule to shut its no. 1 naphtha cracker and several aromatics plants from the middle of May for 30–40 days of planned maintenance, a source...
http://www.chemweek.com/home/top_of_the_news/Yeochun-NCC-on-track-to-shut-cracker-aromatics-plants-16-May-for-maintenance_69543.html
April 17, 2015
Syngenta, the global leading producer of agricultural chemicals, today reported flat first-quarter sales of $4.0 billion, including the lawn and garden business, and retained its full...
http://www.chemweek.com/home/top_of_the_news/Syngentas-first-quarter-sales-hurt-by-slow-start-in-the-Americas-currency-effects_69544.html
April 16, 2015
Celanese (Dallas) reports net income for the first quarter of $234 million, up 20% year-over-year (YOY) from $195 million. Sales totaled $343 million, up 4% YOY from $331 million. Earnings of $1.53/share beat the analysts’ consensus estimate of $1.35/share, as compiled by Thomson Reuters (New York). Celanese also raised full-year 2015 estimates, by roughly 9.5%, citing strength in acetyls and materials as well as productivity gains....
http://www.chemweek.com/home/top_of_the_news/Celanese-income-up-20-percent-YOY-beats-analyst-estimates_69524.html
April 16, 2015
Albemarle says a catalyst research collaboration with Utrecht University and Stanford University has yielded to an innovative, new method for observing fluid catalytic cracking (FCC)...
http://www.chemweek.com/home/top_of_the_news/Albemarle-university-researchers-report-FCC-catalyst-imaging-breakthrough_69525.html
April 16, 2015
Sibur (Moscow) says that its biggest investment project, a world-scale petrochemicals complex at Tobolsk, Russia, will likely reach mechanical completion in 2019, one year later than...
http://www.chemweek.com/home/top_of_the_news/Sibur-delays-world-scale-petchem-project-due-to-challenging-economic-environment_69511.html
April 16, 2015

Celanese and Mitsui & Co. today announced that they are planning a potential methanol joint venture to be located at Celanese’s facility at Bishop, TX. Celanese says it has filed for air permits, and that a final decision to build the plant, which would have a capacity of 1.3 million m.t./year, will consider prevailing methanol market conditions and construction costs, among other factors.

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http://www.chemweek.com/home/top_of_the_news/Celanese-Mitsui-explore-methanol-JV-at-Bishop-TX_69474.html
April 16, 2015
Energy major Rosneft (Moscow), tire producer Pirelli and synthetic rubber maker Synthos (Oswiecim, Poland) have signed a memorandum of understanding (MOU) to carry out a feasibility...
http://www.chemweek.com/home/top_of_the_news/Synthos-joins-Rosneft-and-Pirelli-in-synthetic-rubber-project-in-Russia_69502.html
April 16, 2015
BASF says that it has opened a new and its largest construction chemicals plant in India at Nellore in the state of Andhra Pradesh in southern India. Commercial production has begun at...
http://www.chemweek.com/home/top_of_the_news/BASF-starts-up-construction-chemicals-plant-in-India_69461.html
April 16, 2015
More Saudi firms today announced their first-quarter results. Sahara Petrochemical Co. reported first-quarter net loss of 49.5 million Saudi riyals ($13.2 million) compared...
http://www.chemweek.com/home/top_of_the_news/Sahara-Advanced-and-Maaden-report-first-quarter-results_69478.html
April 16, 2015
Nova Chemicals today announced that Todd Karran has been appointed president and CEO. Karran has been the acting CEO while maintaining his previous roles of senior v.p. and CFO since May 2014. He will remain CFO while the board searches for a replacement....
http://www.chemweek.com/home/top_of_the_news/Nova-confirms-Karran-as-CEO_69475.html
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