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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
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
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