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April 10, 2015
Indian pharma major Cipla (Mumbai) says that an EU subsidiary will acquire a company in Brazil. Cipla has definitively agreed to acquire a 100% stake in Duomed Produtos Farmaceuticos...
http://www.chemweek.com/home/top_of_the_news/Indian-pharma-group-acquires-company-in-Brazil_69324.html
April 10, 2015
Shin-Etsu Chemical says that it plans to invest about ¥13 billion ($108.3 million) to build a photoresist production plant in Taiwan. Shin-Etsu has applied to authorities in Taiwan...
http://www.chemweek.com/home/top_of_the_news/Shin-Etsu-to-invest-$108-million-to-build-photoresist-plant-in-Taiwan_69323.html
April 10, 2015
Yara International (Oslo) says that it has appointed Terje Knutsen as head of the downstream business segment, which manages the company's global sales, marketing, and distribution of...
http://www.chemweek.com/home/top_of_the_news/Yara-appoints-new-head-of-downstream-business_69320.html
April 9, 2015
Shell Chemicals has completed an upgrade of its Singapore ethylene cracker complex (ECC), thereby boosting its production capacity by 20%, it says today. "Upgrading the ethylene...
http://www.chemweek.com/home/top_of_the_news/Shell-completes-Singapore-cracker-upgrade_69114.html
April 9, 2015
Lanxess today announced that it has started production at its new, previously announced ethylene propylene diene monomer (EPDM) rubber plant at Changzhou, China. Lanxess...
http://www.chemweek.com/home/top_of_the_news/Lanxess-starts-production-at-EPDM-plant-in-China_69302.html
April 9, 2015
Roquette (Lestrem, France), a major producer of starch, has announced today that its new unit for producing isosorbide at Lestrem is fully operational. The unit has a capacity of...
http://www.chemweek.com/home/top_of_the_news/Roquette-commissions-isosorbide-production-unit-in-France_69301.html
April 9, 2015
Rare Earth Minerals Plc (REM; London) says that Hastings Rare Metals, REM's 70% joint venture partner in the Yangibana Rare Earths Elements jv in Western Australia, has selected a team...
http://www.chemweek.com/home/top_of_the_news/Rare-Earth-Minerals-advances-Australian-project-with-prefeasibility-study_69299.html
April 9, 2015
Inbra Indústrias Químicas (Diadema, Brazil) is planning a plastic and rubber additives manufacturing facility in Orangeburg County, SC, the company announced. Inbra is...
http://www.chemweek.com/home/top_of_the_news/Brazilian-firm-to-build-plasticizer-unit-in-the-US_69303.html
April 9, 2015
Victrex, the leading producer of polyetheretherketone (PEEK), today announced that in it performed well in the first half, ended 31 March. Its revenue then, £130.3 million...
http://www.chemweek.com/home/top_of_the_news/Victrex-reports-higher-revenues-PEEK-sales-volumes_69298.html
April 9, 2015
IMCD (Rotterdam), a distributor of specialty chemicals, and DuPont have extended their enzyme solutions partnership in the home-care and industrial and institutional (I&I) markets...
http://www.chemweek.com/home/top_of_the_news/IMCD-and-DuPont-extend-enzyme-partnership-across-Africa-and-Europe_69297.html
April 8, 2015
RPM International (Medina, OH) reports a net loss of $57.3 million for the quarter ended 28 February, down from a gain of $16.2 million in the year-ago period , due mainly to a one-time charge related to the recent bankruptcy settlement of its Specialty Products Holding Corp. (SPHC) subsidiary. Sales increased 9.6% YOY to $946.3 million .Excluding charges, RPM says net income grew 61.2% to $26.2 million or 20 cts/share....
http://www.chemweek.com/home/top_of_the_news/RPM-swings-to-loss-on-one-time-charge_69283.html
April 8, 2015
Boosted by ongoing demand in the United States and firming crude oil prices, the European benzene-over-naphtha spread has moved into the $200s/m.t., up at least $100/m.t. on the month...
http://www.chemweek.com/home/top_of_the_news/Europes-benzene-naphtha-spread-back-above-$200-as-US-Gulf-Coast-arb-opens-up_69278.html
April 8, 2015
Market sources said last week that ethylene production was back online at Williams Partners' Geismar, LA, ethane cracker, but Choctaw, LA, ethylene prices continue to trade at a high...
http://www.chemweek.com/home/top_of_the_news/Choctaw-ethylene-still-trading-at-high-premiums-despite-production-returning-in-Louisiana_69268.html
April 8, 2015
Royal Dutch Shell said today that it has agreed to buy BG Group (Reading, UK), a leading energy company, for £47 billion ($69.9 billion). In a joint statement, the companies say...
http://www.chemweek.com/home/top_of_the_news/Shell-to-buy-BG-Group-for-$70-billion_69273.html
April 8, 2015
Kuraray says that it has completed acquiring all shares in Plantic Technologies (Melbourne), a company involved in biobased barrier films, from Gordon Merchant No.2 Pty Ltd. Financial...
http://www.chemweek.com/home/top_of_the_news/Kuraray-acquires-Australian-biobased-barrier-films-company-Plantic_69277.html
April 8, 2015
On 1 April, Teijin launched an automotive business development division under the company’s carbon fibers and composites business unit, which will be responsible for marketing...
http://www.chemweek.com/home/top_of_the_news/Teijin-launches-division-to-expand-carbon-fiber-reinforced-plastic-business-for-automotive-use_69274.html
April 8, 2015
Asahi Glass says that it will invest $400 million to build a power plant at the manufacturing site of the company’s Asahimas Chemical (Jakarta) subsidiary. This site is at...
http://www.chemweek.com/home/top_of_the_news/Asahi-Glass-to-build-power-plant-at-chlor-alkali-site-in-Indonesia_69272.html
April 7, 2015
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, today announced its production results for January–March. The company produced 2.70 million m.t...
http://www.chemweek.com/home/top_of_the_news/Uralkali-reports-fall-in-first-quarter-output-may-review-this-years-targets_69264.html
April 7, 2015
Saint-Gobain (Courbevoie, France) and the Burkard family have decided to amend their agreement related to the sale of the controlling stake of Schenker-Winkler Holding (SWH)—the...
http://www.chemweek.com/home/top_of_the_news/Saint-Gobain-extends-agreement-with-Burkard-family-over-Sika-acquisition_69267.html
April 7, 2015
American Vanguard (Amvac) said on Monday that through its Netherlands subsidiary it is acquiring Adama Agricultural Solutions’ European Nemacur insecticide/nematicide business...
http://www.chemweek.com/home/top_of_the_news/American-Vanguard-acquires-Adamas-European-Nemacur-pesticide-assets_69251.html
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