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January 20, 2015
Bayer CropScience says it has has received registration for its new insecticide Sivanto from EPA. Sivanto, which was developed to control devastating sucking pests on fruits and...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropSciences-new-Sivanto-insecticide-receives-US-registration_67003.html
January 20, 2015
Novozymes (Bagsvaerd, Denmark) today announced a new corporate strategy, Partnering for Impact, accompanied by a revised set of long-term financial, environmental, and social targets...
http://www.chemweek.com/home/top_of_the_news/Novozymes-updates-financial-targets-for-2015-20-announces-new-strategy_66999.html
January 20, 2015
Latest figures from the British Coatings Federation (BCF; Leatherhead, UK) show that for the second consecutive year, paint sales have outperformed GDP, increasing 5.0% in volume...
http://www.chemweek.com/home/top_of_the_news/UK-paint-sales-outperform-the-economy-for-second-year_66998.html
January 20, 2015
Poligal (Barcelona) has started constructing biaxially oriented polypropylene (BOPP) plant at Skarbimierz, Poland. The new plant will require an investment of €32.0 million ($37.1...
http://www.chemweek.com/home/top_of_the_news/Spanish-firm-starts-construction-of-BOPP-plant-in-Poland_66997.html
January 20, 2015
Albemarle today announced a corporate realignment in the wake of its $6.2-billion acquisition of Rockwood Holdings, which closed last week. The company will establish three global...
http://www.chemweek.com/home/top_of_the_news/Albemarle-to-realign-corporate-structure-after-Rockwood-deal_67012.html
January 20, 2015
National Industrialization Co. (Tasnee; Riyadh) today reported a 47% drop in fourth-quarter net profit, to 160.7 million Saudi riyals ($42.8 million), compared with the year-earlier...
http://www.chemweek.com/home/top_of_the_news/Tasnee-reports-big-drop-in-profits-cites-lower-TiO2-prices_66993.html
January 20, 2015
Mosaic said on Monday that it expects reported phosphates volume and phosphates and potash margins will exceed previously provided guidance ranges and that potash volumes will be at...
http://www.chemweek.com/home/top_of_the_news/Mosaic-raises-2014-guidance-on-strong-volumes-and-margins_66989.html
January 19, 2015
Sabic today reported lower earnings and revenues but pledged to continue with its growth strategies. Net profit in the fourth quarter of 2014 was down 29%, to 4.36 billion Saudi riyals...
http://www.chemweek.com/home/top_of_the_news/Sabics-profit-down-close-to-30-percent-as-oil-prices-continue-to-slide_66954.html
January 19, 2015
Several Saudi petrochemical firms have reported their quarterly and annual earnings. Sipchem’s net profit in the fourth quarter was down 33%, to 132.4 million Saudi riyals ($35.3...
http://www.chemweek.com/home/top_of_the_news/Sipchem-Sahara-report-lower-profits-Saudi-Kayan-narrows-loss_66962.html
January 19, 2015
Asahi Kasei says that its Asahi Kasei Chemicals (AKC) subsidiary will construct a validation plant at the Mizushima manufacturing complex at Kurashiki, Japan, for its newly developed...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-to-build-validation-plant-to-produce-diphenyl-carbonate-using-new-process_66960.html
January 19, 2015
Kemira says that it has relocated its global oil and mining headquarters from Helsinki to Houston. In addition to the new office, Kemira is opening a technical service laboratory close...
http://www.chemweek.com/home/top_of_the_news/Kemira-relocates-global-oil-and-mining-headquarters-to-Houston_66959.html
January 19, 2015
The European market for styrene is the weakest regional market worldwide for spot material, and ongoing sluggish domestic demand is prompting sellers to take a fresh look at export...
http://www.chemweek.com/home/top_of_the_news/Europes-styrene-producers-look-for-export-opportunities_66966.html
January 19, 2015
Brazil's chemical trade deficit totaled about $31.2 billion in 2014—approximately $400 million below estimates disclosed by the country's chemical industry association (Abiquim...
http://www.chemweek.com/home/top_of_the_news/Brazils-chemical-trade-deficit-down-2-4-percent-in-2014_66968.html
January 19, 2015
PPG Industries says that David Navikas, senior v.p./strategic planning and corporate development, will retire on 1 March. Navikas joined PPG as controller in 1995 and was elected v.p...
http://www.chemweek.com/home/top_of_the_news/PPG-senior-v-p-to-retire_66958.html
January 19, 2015
UAC Global (Bangkok) plans to establish a subsidiary to take over the assets of Advance Polymers & Chemicals (APC; Bangkok) for about 730.0 million baht ($22.4 million), the...
http://www.chemweek.com/home/top_of_the_news/UAC-Global-plans-to-acquire-Advance-Polymers-assets_66955.html
January 19, 2015
Albany Molecular Research Inc. (AMRI; Albany) says that it has received a 10-year federal contract award from the National Institutes of Health (NIH; Bethesda, MD) for drug development...
http://www.chemweek.com/home/top_of_the_news/AMRI-receives-NIH-contract-for-drug-development-and-manufacturing-services_66967.html
January 16, 2015
Reliance Industries says net profits for the company’s fiscal third quarter, ended 31 December 2014, decreased 4.5% compared with the same period of the previous fiscal year, to...
http://www.chemweek.com/home/top_of_the_news/Reliance-Industries-reports-fall-in-profits_66941.html
January 16, 2015
National Fertilizers Ltd. (NFL), Engineers India, and Fertilizer Corporation of India earlier this week signed an agreement to form a joint venture to construct a fertilizer complex...
http://www.chemweek.com/home/top_of_the_news/Indian-firms-form-joint-venture-to-build-fertilizer-complex_66928.html
January 16, 2015
Braskem has completed investing about 50.0 million reais ($18.9 million) at the Camaçari petrochemical cluster in Bahia, Brazil, to expand production capacity for linear...
http://www.chemweek.com/home/top_of_the_news/Braskem-completes-metallocene-LLDPE-expansion-in-Brazil_66927.html
January 16, 2015
South Korea's benzene exports surged 35% in 2014 versus 2013 as new aromatics plants started operations, Korea Customs Service statistics show. About 1.88 million m.t. was exported...
http://www.chemweek.com/home/top_of_the_news/South-Koreas-2014-benzene-exports-surged-35-percent-on-plant-start-ups_66925.html
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