IHS Chemical Week

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January 22, 2015
Teesside Collective, a cluster of energy-intensive industries, has laid out a carbon capture and storage (CCS) vision for the Tees Valley region of the United Kingdom. Four firms with...
http://www.chemweek.com/home/top_of_the_news/Energy-intensive-industries-launch-carbon-capture-storage-initiative-in-the-UK_67048.html
January 22, 2015
National Industrialization Co. (Tasnee) said today that it signed an Islamic Murabaha financing agreement for 1.2 billion Saudi riyals ($319.4 million) with each the Riyadh Bank and...
http://www.chemweek.com/home/top_of_the_news/Tasnee-signs-financing-agreement-to-fund-acquisition-of-additional-shares-in-Cristal_67081.html
January 22, 2015
AMEC Foster Wheeler (AFW) has been awarded a contract by the Oman Tank Terminal Co. for the front-end engineering design of the Ras Markaz crude oil park project in Oman. Located 70...
http://www.chemweek.com/home/top_of_the_news/AMEC-Foster-Wheeler-awarded-oil-storage-terminal-contract-in-Oman_67078.html
January 22, 2015
Solvay said today that it will build a new manufacturing and filling facility in the Netherlands to produce hydrogen peroxide grades that are used as disinfection and decontamination...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-build-pharma-grade-hydrogen-peroxide-facility-in-Netherlands_67079.html
January 22, 2015
Reliance Industries has raised $1 billion for its capital expenditure program through an issue of 4.125% ten-year US dollar-denominated senior unsecured notes, the company announced...
http://www.chemweek.com/home/top_of_the_news/Reliance-Industries-raises-$1-billion-for-capital-expenditure-program_67077.html
January 22, 2015
Saudi Aramco Total Refining & Petrochemical (Satorp), a joint venture in which Aramco holds 62.5% and Total the balance, has announced an increase in quarterly and annual net...
http://www.chemweek.com/home/top_of_the_news/Satorp-reports-large-quarterly-and-annual-losses_67076.html
January 22, 2015
Matheson (Basking Ridge, NJ), a subsidiary of industrial gases company Taiyo Nippon Sanso (Tokyo), says that it has entered into an agreement with Sasol to supply tonnage oxygen and...
http://www.chemweek.com/home/top_of_the_news/Matheson-to-build-ASU-to-supply-gases-for-Sasols-ethane-cracker-in-Louisiana_67073.html
January 22, 2015
Saudi Arabian Mining Company (Ma’aden) has announced that its subsidiary Ma’aden Phosphate Co., (MPC) will shut down its ammonia plant located at Ras Al Khair City, Saudi...
http://www.chemweek.com/home/top_of_the_news/Maaden-shuts-ammonia-plant-for-30-day-maintenance_67071.html
January 22, 2015
BASF said today that it plans to invest up to €56 million ($64.9 million) to expand capacity of its polyvinylpyrrolidone (PVP) value chain over the next four years. PVP is used in...
http://www.chemweek.com/home/top_of_the_news/BASF-plans-worldwide-expansion-of-polyvinylpyrrolidone-production_67070.html
January 22, 2015
Sumitomo Chemical and Universal Display Corp. (Ewing, NJ) say that they have signed an organic light emitting diode (OLED) technology license agreement. Universal Display, which was...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-and-Universal-Display-sign-technology-license-agreement-for-OLED-lighting-devices_67068.html
January 21, 2015
The management of specialty chemicals distributor Safic-Alcan (Paris), together with private equity firms Sagard and Euromezzanine, have completed the acquisition of Safic-Alcan from...
http://www.chemweek.com/home/top_of_the_news/Management-buys-majority-of-specialties-distributor-Safic-Alcan_67067.html
January 21, 2015
Anellotech (Pearl River, NY), a green innovation and technology company, IFP Energies nouvelles (IFPEN) and its subsidiary Axens today announced a strategic alliance to develop and...
http://www.chemweek.com/home/top_of_the_news/Anellotech-IFP-and-Axens-form-alliance-to-commercialize-biobased-aromatics-technology_66965.html
January 21, 2015

Mexichem (Tlalnepantla, Mexico) is appealing a ruling by the US International Trade Commission (ITC) that the import of the refrigerant hydrofluorocarbon (HFC)-134a from China does not harm the refrigerant gas industry in the United States. Chinese producers of the refrigerant, also known as R-134a and 1,1,1,2-tetrafluorethane, could have been hit with hefty antidumping duties of 280.67% and antisubsidy duties averaging 11.14%, after an affirmative determination by the US Department of Commerce on 15 October 2014.

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http://www.chemweek.com/home/top_of_the_news/Mexichem-appeals-ITC-ruling-that-China-did-not-dump-HFC-134a-in-US-market_67016.html
January 21, 2015
Petroleos Mexicanos (Pemex) is seeking to make annualized savings of more than 21.3 billion pesos ($1.45 billion) over the next four years by consolidating the company's supply and...
http://www.chemweek.com/home/top_of_the_news/Pemex-seeks-$1-45-billion-in-savings-over-four-years_67046.html
January 21, 2015
The European Food Safety Authority (EFSA; Parma, Italy) has completed its comprehensive re-evaluation of bisphenol A (BPA) exposure and toxicity. EFSA concludes that “BPA poses...
http://www.chemweek.com/home/top_of_the_news/EFSA-Bisphenol-A-exposure-does-not-pose-a-health-risk-for-consumers_67042.html
January 21, 2015
Göteborg Energi, one of Sweden’s leading energy companies, has announced that its Gothenburg Biomass Gasification Project (GoBiGas), the world’s first large-scale...
http://www.chemweek.com/home/top_of_the_news/First-large-biogas-demonstration-plant-goes-onstream-in-Sweden_67041.html
January 21, 2015
Lonza recorded net profits of 237.0 million Swiss francs ($274.9 million) for 2014 compared with profits of SF87.0 million in 2013. Sales for 2014 increased by 1.6%, to SF3.64 billion...
http://www.chemweek.com/home/top_of_the_news/Lonza-reports-huge-rise-in-profits_67040.html
January 21, 2015
Renewable chemicals firm Green Biologics (GBL) (Gahanna, OH) announced today that it has closed an internal follow-on equity round of $42 million and raised an additional $34 million...
http://www.chemweek.com/home/top_of_the_news/Green-Biologics-raises-$76-million_67047.html
January 21, 2015
Ube Industries said today that it will establish a new R&D facility within the Sakai factory at Sakai City, Osaka Prefecture, Japan, in July 2016. The center will expand the...
http://www.chemweek.com/home/top_of_the_news/Ube-Industries-to-set-up-new-R-and-D-facility-in-Japan_67039.html
January 21, 2015
BASF today said that it will raise its global capacity for 1,4-butanediol (BDO) to 670,000 m.t./year from the current 650,000 m.t./year. The expansion includes a 10% capacity hike at...
http://www.chemweek.com/home/top_of_the_news/BASF-to-raise-butanediol-capacity-at-Geismar_67036.html
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