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March 22, 2013
Ministry of Commerce, PRC (Mofcom; Beijing) will impose antidumping duties on imports of resorcinol from Japan and the United States for five years starting 23 March, the Chinese...
http://www.chemweek.com/home/top_of_the_news/China-slaps-antidumping-duties-on-resorcinol-from-Japan-and-US_50693.html
March 22, 2013
The Chinese government says that the new China Food and Drug Administration (CFDA; Beijing) has begun operating today. The government announced earlier this month that it would create...
http://www.chemweek.com/home/top_of_the_news/Chinas-new-food-and-drug-safety-watchdog-CFDA-becomes-operational_50692.html
March 22, 2013
LyondellBasell Industries says that Nizhnekamskneftekhim (Nizhnekamsk, Russia), the largest petrochemical company in Russia, has selected LyondellBasell’s Spheripol process...
http://www.chemweek.com/home/top_of_the_news/Nizhnekamskneftekhim-selects-LyondellBasell-technology-for-PP-plant_50690.html
March 21, 2013
Although shale gas has cut into North American benzene supply and raised prices, it has simultaneously advantaged the production of benzene derivatives...
http://www.chemweek.com/home/top_of_the_news/IHS-WPC-Shale-will-drive-benzene-derivatives-in-North-America_50684.html
March 21, 2013
As new investments come into North America, production will increase, and much of it will be directed to international markets, says Gary Adams, chief advisor at IHS Chemical....
http://www.chemweek.com/home/top_of_the_news/IHS-WPC-State-of-the-industry-is-a-matter-of-feedstock-opportunities-Adams_50658.html
March 21, 2013
Weaker demand growth coupled with stronger rates of capacity expansion has dampened the profit outlook for ethylene, particularly for high-cost producers that use heavier feedstocks, says Mark Eramo, v.p./chemical market insights for IHS Chemical....
http://www.chemweek.com/home/top_of_the_news/IHS-WPC-Ethylene-profit-outlook-muted-by-weaker-demand-supply-surge-Eramo_50683.html
March 21, 2013
ACC released its US Chemical Production Regional Index (CPRI)—citing a 0.6% increase in February on a 3-month moving average (3MMA), following a revised 0.8% gain in January...
http://www.chemweek.com/home/top_of_the_news/ACC-Chemical-production-rises-in-all-regions-in-February_50672.html
March 21, 2013
Lanxess provided more information this morning about the company's performance last year and warned that first-quarter 2013 earnings will be substantially lower than in the...
http://www.chemweek.com/home/top_of_the_news/Lanxess-forecasts-strong-2013-despite-lower-first-quarter-Ebitda-reshapes-Saltigo_50665.html
March 21, 2013
PetroChina’s refining and chemicals business reports an operating loss of 43.5 billion renminbi ($7 billion) in 2012, compared with an operating loss of Rmb61.8 billion in 2011...
http://www.chemweek.com/home/top_of_the_news/PetroChina-chemical-businesss-loss-widens_50664.html
March 21, 2013
Brenntag posted a 21% increase in 2012 profit after taxes, to €338 million ($436 million), on sales up 12%, to €9.7 billion. Operating Ebitda grew 7%, to €707 million...
http://www.chemweek.com/home/top_of_the_news/Brenntag-reports-higher-2012-earnings-and-sales_50662.html
March 21, 2013
Global GDP growth should stabilize at 2.6% in 2013, says Nariman Behravesh, IHS chief economist. Gradual improvement should push global GDP to an annualized rate of 3.5% by the end of the year. US and Asian economies are leading the way, he adds....
http://www.chemweek.com/home/top_of_the_news/IHS-WPC-Economic-and-energy-outlooks-improving_50659.html
March 20, 2013
The European Commission has lowered the fees and charges that small and medium-size enterprises (SME) have to pay to register chemicals under the European Union's Registration...
http://www.chemweek.com/home/top_of_the_news/European-Commission-reduces-Reach-fees-for-small-and-medium-size-companies_50639.html
March 20, 2013
EPA's general approach in prioritizing chemicals for further review and target assessment under its Work Plan Chemicals program can, with "some important and necessary...
http://www.chemweek.com/home/top_of_the_news/ACC-EPA-Work-Plan-Chemicals-methodology-on-the-right-track_50636.html
March 19, 2013
AkzoNobel says it will exit the merchant fatty acid business at Binzhou, Shandong Province, China, closing down two out of the three fatty acid plants at the site. Nearly 200 employees...
http://www.chemweek.com/home/top_of_the_news/AkzoNobel-exits-merchant-fatty-acid-business-at-Binzhou-China-cuts-200-jobs-announces-&euro65-million-investment_50617.html
March 19, 2013
Increases in polyethylene (PE) prices are expected to take place in Europe during March on the back of higher ethylene prices, but weak downstream converter and consumer demand are...
http://www.chemweek.com/home/top_of_the_news/European-PE-price-hikes-could-be-limited-by-weak-demand_50616.html
March 19, 2013
DSM has acquired SolarExcel (Venray, Netherlands) and the company will be integrated into DSM Advanced Surfaces, part of the DSM Innovation Center, DSM announced today. DSM Advanced...
http://www.chemweek.com/home/top_of_the_news/DSM-acquires-light-trapping-technology-firm_50623.html
March 19, 2013
UOP, a Honeywell subsidiary, says it has been selected by Fujian Meide Petrochemical to provide technology to produce propylene in China. Fujian Meide will use the UOP C3 Oleflex...
http://www.chemweek.com/home/top_of_the_news/UOP-selected-to-provide-technology-for-propylene-project-in-China_50620.html
March 19, 2013
The Mosaic Co. has entered into a heads of agreement with the Saudi Arabian Mining Co. (Ma'aden) and Sabic under which the companies intend to establish a joint venture to develop...
http://www.chemweek.com/home/top_of_the_news/Maaden-Mosaic-and-Sabic-sign-agreement-for-$7-billion-phosphate-complex-in-Saudi-Arabia_50619.html
March 19, 2013
Toyobo (Osaka) says it is investing $8.8 million in SKC (Jiangsu) High Tech Plastics Co. (Nantong, China), a joint venture set up in August 2011 to produce polyester film. The...
http://www.chemweek.com/home/top_of_the_news/Toyobo-takes-stake-in-Chinese-polyester-film-production-joint-venture_50614.html
March 19, 2013
Versalis, the chemicals arm of ENI (Rome), and the tire major Pirelli have entered into a memorandum of understanding to carry out joint research into the use of guayule-based natural...
http://www.chemweek.com/home/top_of_the_news/Versalis-and-Pirelli-sign-R-and-D-agreement-to-use-guayule-based-natural-rubber-in-tire-production_50612.html
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