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February 13, 2014
Braskem's consolidated net profit was 15 million reais ($6.22 million) in the last quarter of 2013, down 95% from the fourth quarter of the year before, when net profit amounted to...
http://www.chemweek.com/home/top_of_the_news/Braskems-net-profit-drops-95-percent-in-the-fourth-quarter_58805.html
February 13, 2014
Saudi Kayan, an affiliate of Sabic, has reported a 55% lower net loss in 2013 compared with the year earlier. Net loss in 2013 reached 346.4 million Saudi riyals ($92.4 million)...
http://www.chemweek.com/home/top_of_the_news/Saudi-Kayan-narrows-losses-in-2013_58804.html
February 13, 2014
Koppers reports a net loss of $4.1 million compared to a net gain of $13.6 million in the year-ago quarter, citing restructuring costs and weakness in its carbon operations. Adjusted...
http://www.chemweek.com/home/top_of_the_news/Koppers-reports-net-loss-in-fourth-quarter_58801.html
February 13, 2014
Europe's polyethylene (PE) producers are likely to try a rollover of monthly contract prices in February following a decrease in the Western European February ethylene contract price...
http://www.chemweek.com/home/top_of_the_news/Europes-PE-prices-lose-support-from-ethylene-in-February_58800.html
February 13, 2014
Ineos Europe today announced a new ethane purchase agreement with Consol Energy (Pittsburgh). The feedstock will be transported through the Mariner East infrastructure and imported by...
http://www.chemweek.com/home/top_of_the_news/Ineos-signs-agreement-to-buy-ethane-from-Consol-Energy-for-import-into-Europe_58799.html
February 13, 2014
The chemical sector in the European Union remains "fragile" despite output growth of 2.8% in November 2013, Cefic says. Output fell 0.2% for January–November 2013...
http://www.chemweek.com/home/top_of_the_news/Cefic-EU-chemical-sector-faces-fragile-recovery_58798.html
February 13, 2014
Showa Denko reports a 3.2% fall in net profits for the full fiscal year, ended 31 December 2013, compared with 2012, to ¥9.06 billion ($89 million). Full-year sales increased...
http://www.chemweek.com/home/top_of_the_news/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-higher-earnings-sales_58797.html
February 13, 2014
PhosAgro (Moscow), a leading fertilizer producer, announced today the election of a new board of directors. The move follows Maxim Volkov resigning as CEO in the middle of last...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-elects-new-board-of-directors_58796.html
February 13, 2014
S-Oil (Seoul), a major oil refiner and aromatics producer partly owned by Saudi Aramco, said today that it plans to build a technical service and development center in the Magok...
http://www.chemweek.com/home/top_of_the_news/S-Oil-builds-petchems-technical-service-and-development-center-at-Seoul_58795.html
February 13, 2014
Foster Wheeler (Zug, Switzerland), a leading engineering and construction firm, today announced that it has entered into a definitive agreement with AMEC (London) under which AMEC will...
http://www.chemweek.com/home/top_of_the_news/AMEC-to-acquire-Foster-Wheeler-for-$3-3-billion-creating-an-E-and-C-powerhouse_58794.html
February 13, 2014
Phillips 66 Partners (Houston), a new master limited partnership, has made its first asset acquisition, the $700 million purchase of the Gold Product Pipeline System and two newly constructed propylene-storage spheres from Phillips 66....
http://www.chemweek.com/home/top_of_the_news/Phillips-66-Partners-acquires-pipeline-system-and-storage-for-$700-million_58806.html
February 13, 2014
Mallinckrodt, a specialty pharmaceutical and medical imaging group, says that it has entered into a definitive agreement to acquire all outstanding shares of Cadence Pharmaceuticals...
http://www.chemweek.com/home/top_of_the_news/Mallinckrodt-to-acquire-Cadence-Pharmaceuticals_58793.html
February 13, 2014
Versalis (Milan), the chemicals subsidiary of Italy’s energy major ENI (Rome), today reported an increase in fourth-quarter operating loss on lower sales. Full-year 2013...
http://www.chemweek.com/home/top_of_the_news/Versalis-posts-higher-fourth-quarter-loss-on-lower-sales_58791.html
February 13, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) and Allana Potash (Toronto) say that they have entered into a strategic alliance, under which ICL will invest about $23 million in shares of...
http://www.chemweek.com/home/top_of_the_news/ICL-acquires-stake-in-Allana-Potash-to-develop-project-in-Ethiopia_58790.html
February 12, 2014
The European Commission is set to approve cultivation of DuPont's 1507, a genetically modified (GM) maize, in the European Union after 28 EU member-state representatives were unable to...
http://www.chemweek.com/home/top_of_the_news/EU-to-approve-DuPont-GM-corn_58775.html
February 12, 2014
Provincial authorities in Argentina have rejected an environmental-impact statement for Monsanto's  planned 1.5-billion peso ($192 million) corn seed production facility, a move...
http://www.chemweek.com/home/top_of_the_news/Monsanto-seed-production-project-faces-new-delay_58773.html
February 12, 2014
SK Engineering and Construction said on Tuesday that it has reached an agreement to build a natural gas liquefaction (NGL) plant in the United States. The company has signed a...
http://www.chemweek.com/home/top_of_the_news/SK-Engineering-to-build-NGL-plant-at-Lake-Charles_58772.html
February 12, 2014
Saudi Arabian Mining Co. (Ma’aden) says that its subsidiary Ma’aden Phosphate Co. (MPC) will carry out a scheduled maintenance shut down in the ammonia plant located at Ras...
http://www.chemweek.com/home/top_of_the_news/Maaden-shuts-ammonia-plant-for-four-week-maintenance_58766.html
February 12, 2014
Amseco Exploration (Montreal) announced on Tuesday that it entered into two agreements on 10 February 2014 covering the acquisition of all rights, titles, and interests held by...
http://www.chemweek.com/home/top_of_the_news/Amseco-Exploration-in-reverse-takeover-of-Congo-potash-property_58764.html
February 12, 2014
The United Nations' Food and Agricultural Organization (FAO) is cooperating with the European Union to help Belarus destroy prohibited and unusable pesticides and reduce the risks...
http://www.chemweek.com/home/top_of_the_news/Belarus-signs-agreement-to-destroy-stockpiles-of-obsolete-pesticides_58763.html
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