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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.

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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
February 18, 2014
Toray Industries announced on Monday that it purchased about 400 acres of commercial land in Spartanburg County, SC for its future business expansion in the United States. Toray...
http://www.chemweek.com/home/top_of_the_news/Toray-Industries-acquires-land-in-the-US-will-invest-close-to-$1-billion-Update_58855.html
February 18, 2014
Kaneka (Osaka, Japan) says that it will build a new manufacturing facility for the company’s Kanekalon/Kanecaron acrylic fibers at the site of its Kaneka Malaysia (Kuantan)...
http://www.chemweek.com/home/top_of_the_news/Kaneka-to-build-acrylic-fibers-facility-in-Malaysia_58854.html
February 17, 2014
Foster Wheeler announced today that it has been awarded a contract by Statoil (Stavanger, Norway) to perform a study for the Snøhvit improvement project 2 at Melkøya, 450...
http://www.chemweek.com/home/top_of_the_news/Foster-Wheeler-awarded-study-to-upgrade-Statoils-LNG-plant_58857.html
February 17, 2014
Industries Qatar (IQ; Doha), a producer of petrochemicals, fertilizers and steel, reported a 5.1% drop in net profit to 8 billion Qatari riyal ($2.2 billion) for full-year 2013. Ebitda...
http://www.chemweek.com/home/top_of_the_news/Industries-Qatar-reports-lower-earnings-and-revenues-petchem-project-due-online-end-2018_58856.html
February 17, 2014
Versalis (Milan), the chemicals subsidiary of Italy’s energy major ENI (Rome) will close its synthetic rubbers plant at Hythe, UK during this quarter, according to Paolo Scaroni...
http://www.chemweek.com/home/top_of_the_news/Versalis-to-close-UK-plant-this-quarter-as-part-of-downsizing-of-petchems-portfolio_58853.html
February 17, 2014
Novartis announced today that it is buying CoStim Pharmaceuticals (Cambridge, MA), a privately held biotechnology company focused on harnessing the immune system to eliminate...
http://www.chemweek.com/home/top_of_the_news/Novartis-to-acquire-biotech-company-CoStim-Pharmaceuticals_58852.html
February 17, 2014
Technip has been awarded a contract by Kazanorgsintez to provide technology and services for a grassroots furnace to be installed at the Kazan petrochemical complex in Russia, Technip...
http://www.chemweek.com/home/top_of_the_news/Technip-awarded-ethylene-furnace-contract-in-Russia_58851.html
February 17, 2014
Samsung Engineering has signed a contract with Groupement Timimoun (GTIM), a joint venture between Sonatrach (Algiers) Total and Cepsa (Madrid) covering the Timimoun field development...
http://www.chemweek.com/home/top_of_the_news/Samsung-Engineering-awarded-gas-development-contract-in-Algeria_58850.html
February 17, 2014
Merck KGaA has extended the timeline of its recommended cash offer for AZ Electronic Materials until 1.00 pm (GMT) 28 February 2014, the company said on Friday. Merck on 6...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-again-extends-offer-period-for-AZ-Electronic-Materials_58849.html
February 14, 2014
Exports of potash fertilizers from Russia in 2013 were down both in volume and value terms, according to the Federal Customs Service (Moscow). Export volumes were down 29.6% on the...
http://www.chemweek.com/home/top_of_the_news/Value-of-Russian-potash-exports-declines-40-percent-in-2013_58825.html
February 14, 2014
Private-equity backed PQ Corp. today filed for an initial public offering (IPO) that could be worth up $450 million, according to US regulatory documents. The company, a maker of...
http://www.chemweek.com/home/top_of_the_news/PQ-files-for-IPO_58758.html
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