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September 3, 2014
Pembina (Calgary, AB) has chosen Portland, OR, as the site for a $500-million, 30,000-bbl/day propane export facility. The company has also agreed to acquire the Vantage pipeline system and Mistral Midstream’s share of the Saskatchewan Ethane Extraction Plant (SEEP) for a total of $650 million....
http://www.chemweek.com/home/top_of_the_news/Pembina-buys-Vantage-pipeline-plans-$500-million-propane-export-terminal-at-Portland_63584.html
September 2, 2014
Asahi Glass said on Wednesday that it will invest approximately ¥16 billion ($152.1 million) to build a float glass furnace in Indonesia. The facility will be set up by the...
http://www.chemweek.com/home/top_of_the_news/Asahi-Glass-invests-in-new-glass-facility-in-Indonesia_63588.html
September 2, 2014
Uralchem (Moscow), one of the largest nitrogen fertilizer producers in Russia, today reported a major drop in earnings and revenues for the first six months of this year. Adjusted...
http://www.chemweek.com/home/top_of_the_news/Uralchem-reports-major-drop-in-sales-and-earnings-in-first-six-months_63579.html
September 2, 2014
Ineos announced today that its Ineos Compounds unit and Doeflex Compounding have combined their polyvinyl chloride (PVC) compounding operations. The news follows a recent approval by...
http://www.chemweek.com/home/top_of_the_news/Ineos-and-Doeflex-combine-PVC-compounding-operations_63581.html
September 2, 2014
A. Schulman says that it has acquired Compco, located near Melbourne, for $6.7 million in cash. Compco manufactures of a variety of plastic compounds and products, including...
http://www.chemweek.com/home/top_of_the_news/A-Schulman-acquires-Australian-plastic-compounds-manufacturer_63562.html
September 2, 2014
Bayer says that its Bayer HealthCare subgroup has completed the previously announced sale of its interventional device business to medical devices company Boston Scientific (Natick...
http://www.chemweek.com/home/top_of_the_news/Bayer-completes-sale-of-interventional-device-business-to-Boston-Scientific_63558.html
September 2, 2014
Evonik Industries says that about €2 billion ($2.6 billion) of the company's 2012–16 investment program is being spent in Germany. Investments include new capacities for...
http://www.chemweek.com/home/top_of_the_news/Evonik-highlights-&euro2-billion-investment-across-German-sites_63557.html
September 2, 2014
Brenntag says it has signed an agreement to acquire the specialties chemicals distribution business of Pioma Chemicals (Mumbai), a leading distributor of specialty excipients and...
http://www.chemweek.com/home/top_of_the_news/Brenntag-acquires-specialty-chemicals-distribution-business-in-India_63555.html
September 2, 2014
Germany's chemical output during the second quarter was up 0.3% year-on-year (YOY) but output contracted by 2.3% compared with the first quarter, says the country's chemical industry...
http://www.chemweek.com/home/top_of_the_news/VCI-says-Germanys-chemical-output-declined-sequentially-in-the-second-quarter-cuts-forecast_63554.html
September 2, 2014
Haldor Topsoe today announced that it has been selected, in collaboration with Mitsubishi Heavy Industries (MHI; Tokyo), to design the ammonia plant in the previously announced...
http://www.chemweek.com/home/top_of_the_news/Haldor-Topsoe-awarded-contract-for-fertilizer-plant-in-Turkmenistan_63553.html
September 1, 2014
Petrobras and Braskem have extended the terms of their existing naphtha supply contract for six months after the companies failed to reach an agreement on the price, according to a...
http://www.chemweek.com/home/top_of_the_news/Report-Braskem-Petrobras-fail-to-agree-on-naphtha-contract-price-extend-existing-deal-until-February-2015_63549.html
September 1, 2014
Argentina's output of polymers and synthetic rubber rose 31.4% year-on-year (YOY) in July, according to national statistics office Indec (Buenos Aires). Overall production of polymers...
http://www.chemweek.com/home/top_of_the_news/Argentinas-polymer-and-synthetic-rubber-output-up-31-percent-in-July_63547.html
September 1, 2014
Protex International (Paris) says it has acquired Mereco Technologies Group (West Warwick, RI), including the Metachem Resins and DMS divisions. Financial terms of the deal were not...
http://www.chemweek.com/home/top_of_the_news/Protex-buys-US-electronic-chemicals-firm_63546.html
September 1, 2014
Borealis says it has completed the previously announced acquisition of DuPont's 67% stake in the companies' Speciality Polymers Antwerp joint venture. The deal makes Borealis 100%...
http://www.chemweek.com/home/top_of_the_news/Borealis-completes-buyout-of-DuPonts-stake-in-Speciality-Polymers-Antwerp_63545.html
August 29, 2014
Agrium says its Loveland Products subsidiary has entered into a soil and plant health nutritional products development and commercialization deal with Actagro. Under the terms of the...
http://www.chemweek.com/home/top_of_the_news/Agrium-signs-plant-nutrition-deal_63531.html
August 29, 2014
Global methanol demand is expected to increase from 60.7 million m.t. in 2013 to more than 109 million m.t. in 2023, with an average annual growth rate of 6%, according to research...
http://www.chemweek.com/home/top_of_the_news/IHS-Global-methanol-demand-to-rise-80-percent-by-2023-China-to-drive-demand_63525.html
August 29, 2014
Uralkali (Berezniki, Russia), a leading global producer of potash, today reported a 7% drop in net profit in the first six months of the year to $370 million on 7% higher revenue of...
http://www.chemweek.com/home/top_of_the_news/Uralkali-reports-lower-profits-on-higher-sales-as-potash-markets-stabilize_63451.html
August 29, 2014
Odebrecht’s (Salvador, Brazil) Appalachian Shale Cracker Enterprise (Ascent) steam cracker project continues to move forward with the acceptance of its voluntary remediation application by the West Virginia Department of Environmental Policy (WVDEP). The agency says its office of environmental remediation and Ascent are currently negotiating an agreement for the identification of health and ecological risks associated with current and potential future uses of the site and the establishment remediation standards....
http://www.chemweek.com/home/top_of_the_news/Odebrechts-Ascent-cracker-project-negotiates-remediation-agreement-with-WVDEP_63505.html
August 28, 2014
Four other specialty chemical makers had also expressed interest in all or part of Rockwood in recent months, according to a regulatory filing....
http://www.chemweek.com/home/top_of_the_news/Albemarle-Rockwood-courtship-played-out-over-2-years_63463.html
August 28, 2014
Silicones and quartz producer Momentive Performance Materials (MPM) says the US Bankruptcy Court for the Southern District of New York is likely to confirm the company’s...
http://www.chemweek.com/home/top_of_the_news/Momentive-Performance-Materials-moves-closer-to-Chapter-11-exit_63462.html
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