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February 20, 2014
Uhdenora, a joint venture between ThyssenKrupp Electrolysis and Industrie De Nora (Milan), has signed a contract with the Befar Group to build an 80,000-m.t./year caustic soda plant at...
http://www.chemweek.com/home/top_of_the_news/Uhdenora-awarded-first-energy-efficient-ODC-technology-chlor-alkali-contract_58933.html
February 19, 2014
Hedge fund FrontFour Capital (New York) said today that it would nominate four directors for Sensient Technologies’ board, raising the possibility of a proxy battle....
http://www.chemweek.com/home/top_of_the_news/Hedge-fund-says-it-will-seek-four-seats-on-Sensient-board-updated_58903.html
February 19, 2014
CF Industries’ CFO Dennis Kelleher said in the company’s fourth-quarter earnings call that early indications suggest that placement of existing assets in a master limited...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-dissuaded-on-MLP-talks-CFO-says_58929.html
February 19, 2014
Ningbo Fortune Petrochemical (Ningbo, China) has selected UOP's C3 Oleflex process technology to convert propane to propylene via propane dehydrogenation. Ningbo Fortune will employ the technology in a 600,000-m.t./year propylene plant that is expected to start up in 2016....
http://www.chemweek.com/home/top_of_the_news/Ningbo-Fortune-licenses-UOPs-Oleflex-propylene-technology_58902.html
February 19, 2014
Myriant (Quincy, MA), a renewable chemicals company majority owned by PTT Global Chemical (Bangkok), announced today that it has supplied commercial quantities of biosuccinic acid...
http://www.chemweek.com/home/top_of_the_news/Myriant-supplies-biosuccinic-acid-to-Oxea-for-use-in-biobased-plasticizers_58899.html
February 19, 2014
Fluor Arabia has awarded Sepam (Dublin), an engineering, procurement, management, and construction company, a contract to provide project management personnel, including integrated...
http://www.chemweek.com/home/top_of_the_news/Sepam-receives-subcontract-for-Sadara-petrochemical-complex_58898.html
February 19, 2014
K+S says it has made further progress with the construction of a new potash plant in Canada, the Legacy project. The first cavern for extracting potash brine solution was recently...
http://www.chemweek.com/home/top_of_the_news/K+S-makes-progress-with-Legacy-potash-project-in-Canada_58897.html
February 19, 2014
A South Korean joint venture comprising Hyundai Engineering and Construction and GS E&C has secured a $6.04-billion contract to build an oil refinery in Iraq, the companies...
http://www.chemweek.com/home/top_of_the_news/South-Korean-consortium-awarded-refinery-contract-in-Iraq_58896.html
February 19, 2014
Verde Potash (Toronto), a Brazilian fertilizer development company, said on Tuesday that the Brazilian government will help fund the construction of its previously announced...
http://www.chemweek.com/home/top_of_the_news/Verde-Potash-secures-financing-for-Cerrado-Verde-project-in-Brazil_58894.html
February 19, 2014
Clariant today reported flat fourth-quarter net profit from continuing operations of 85 million Swiss francs ($95.7 million) on 8% higher sales, SF1.56 billion, of which 7% is due to...
http://www.chemweek.com/home/top_of_the_news/Reshaped-Clariant-reports-improved-results-confirms-midterm-targets_58890.html
February 18, 2014
Weak fertilizer prices pushed CF Industries’ earnings lower in the fourth quarter, with the company reporting net income of $325.8 million, down 30% year-over-year (YOY)...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-earnings-slump-on-weak-fertilizer-market_58888.html
February 18, 2014
PTT Global Chemical (PTTGC; Bangkok) reports a 2.1% fall in net profits for full-year 2013 compared with 2012, to 33.3 billion baht ($1.02 billion). Sales for 2013 decreased 2.4%, to...
http://www.chemweek.com/home/top_of_the_news/PTT-Global-Chemical-reports-fall-in-profits_58868.html
February 18, 2014

Two activist New York hedge funds have made new moves to assert influence over the strategic direction of Williams Companies (Tulsa, OK), increasing their stake in the firm and hiring an investment bank.

...

http://www.chemweek.com/home/top_of_the_news/Activist-hedge-funds-increase-stake-in-Williams-Companies_58848.html
February 18, 2014
The privatization of insolvent chemicals and petrochemicals producer Oltchim (Ramnicu Valcea, Romania) has been delayed by almost two months, the company says. The deadline for the...
http://www.chemweek.com/home/top_of_the_news/Oltchim-privatization-delayed_58867.html
February 18, 2014
Fluor has announced that Kuwait National Petroleum Company (KNPC; Kuwait City) has selected Fluor's joint venture team as the preferred bidder to design, construct, and commission the...
http://www.chemweek.com/home/top_of_the_news/Fluor-consortium-wins-clean-fuels-project-to-expand-refineries-in-Kuwait_58864.html
February 18, 2014
Maire Tecnimont (Rome) announced today that its Tecnimont USA subsidiary has signed a collaboration agreement with Foster Wheeler USA covering front-end engineering design (FEED) and...
http://www.chemweek.com/home/top_of_the_news/Tecnimont-forms-engineering-alliance-with-Foster-Wheeler-covering-work-in-North-America_58863.html
February 18, 2014
Air Liquide today reported an increase in profit and revenue for full-year 2013 and, in its outlook, said that “barring a degradation of the environment, Air Liquide is confident...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-reports-higher-full-year-earnings-and-sales-upbeat-about-2014_58862.html
February 18, 2014
Styron and JSR (Tokyo) say that they have reached an agreement under which the former will acquire JSR’s production capacity rights for solution-polymerized styrene butadiene...
http://www.chemweek.com/home/top_of_the_news/Styron-acquires-S-SBR-production-capacity-rights-from-JSR_58861.html
February 18, 2014
The Ministry of Commerce (Mofcom; Beijing), on 17 February, announced its preliminary ruling on the previously announced antidumping investigation into Chinese imports of...
http://www.chemweek.com/home/top_of_the_news/China-investigation-confirms-EU-US-dumped-perchloroethylene_58858.html
February 18, 2014
Maire Tecnimont announced today that it has won a major contract from the Ministry of the Public Contracts of Cameroon to build a hydrocracker in Cameroon. Maire Tecnimont’s...
http://www.chemweek.com/home/top_of_the_news/Maire-Tecnimont-awarded-hydrocracker-contract-in-Cameroon_58692.html
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