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June 3, 2014
Eastman Chemical says it has completed the acquisition of BP’s global aviation turbine oil business. The acquired business is expected to be accretive to 2014 earnings excluding...
http://www.chemweek.com/home/top_of_the_news/Eastman-completes-acquisition-of-BPs-aviation-turbine-oil-business_61502.html
June 3, 2014
Indorama Ventures (Bangkok) says that it has acquired all the shares of polyethylene terephthalate (PET) resin producer Artenius TurkPET (Adana, Turkey). Financial details of the deal...
http://www.chemweek.com/home/top_of_the_news/Indorama-acquires-PET-producer-in-Turkey_61500.html
June 3, 2014
BASF says it has completed the previously announced divestment of its PolyAd Services (Earth City, MO) business unit to Edgewater Capital Partners (Cleveland), a private equity...
http://www.chemweek.com/home/top_of_the_news/BASF-completes-divestment-of-PolyAd-Services-to-private-equity-firm_61499.html
June 3, 2014
Deinove (Montpelier, France), a clean technology company that designs and develops new-generation industrial processes based on the exploitation of Deinococcus bacteria, today...
http://www.chemweek.com/home/top_of_the_news/Deinove-signs-bioethanol-agreements-with-Abengoa-and-Suez-Environment_61498.html
June 3, 2014
The Department of Energy (DOE) has released its proposal stating that it will modify its liquefied natural gas (LNG) export review process, according to Dow Chemical. DOE has proposed...
http://www.chemweek.com/home/top_of_the_news/Department-of-Energy-to-modify-LNG-export-review-process_61521.html
June 3, 2014
Specialty chemicals distributor IMCD Group (Rotterdam) has, as expected, announced plans for an initial public offering (IPO) on the Euronext Amsterdam exchange. The offering will...
http://www.chemweek.com/home/top_of_the_news/Distributor-IMCD-confirms-IPO-plans_61508.html
June 3, 2014
Perstorp (Perstorp, Sweden) says that it has signed an agreement to acquire the pentaerythritol and calcium formate businesses, related technology and certain assets from chemicals...
http://www.chemweek.com/home/top_of_the_news/Perstorp-acquires-penta-and-calcium-formate-businesses-from-Slovakian-firm-Chemko_61512.html
June 2, 2014
Univar announced today that it has formed a joint venture with E.A. Juffali & Brothers (Jeddah, Saudi Arabia), a major player in chemicals and other industries. The joint venture...
http://www.chemweek.com/home/top_of_the_news/Univar-and-E-A-Juffali-and-Brothers-form-joint-venture-in-Saudi-Arabia_61495.html
June 2, 2014
EPA has introduced aggressive plans to cut carbon dioxide emissions from existing power plants in a move industry says could lead to higher energy prices and hurt the country’s...
http://www.chemweek.com/home/top_of_the_news/EPA-proposes-30-percent-cut-in-power-plant-emissions_61480.html
June 2, 2014
Linde says it has entered into a collaboration agreement with Siluria Technologies (San Francisco), a pioneer in the commercial production of fuels and chemicals made from natural gas...
http://www.chemweek.com/home/top_of_the_news/Linde-and-Siluria-enter-into-ethylene-technology-partnership_61477.html
June 2, 2014
Lukoil (Moscow) has announced that it plans to complete repairs and resume production at its Stavrolen cracker at Budyennovsk, Russia, in January next year, following a fire at the...
http://www.chemweek.com/home/top_of_the_news/Lukoil-to-resume-olefins-production-at-Stavrolen-in-January-will-import-propylene_61475.html
June 2, 2014
Uralchem (Moscow), a leading fertilizer producer, reports a 21% decline in first-quarter operating profit, to 5.27 billion Russian rubles ($150.9 million), on 7% lower sales, R19.4...
http://www.chemweek.com/home/top_of_the_news/Uralchem-reports-lower-earnings-and-revenues_61473.html
June 2, 2014
Wacker Chemie announced today that it will spend €20 million ($27.2 million) to expand the capacity of its dispersible polymer powders capacity at Burghausen, Germany. The company...
http://www.chemweek.com/home/top_of_the_news/Wacker-hikes-dispersible-polymer-powders-capacity-in-Germany_61471.html
June 2, 2014
Abu Dhabi Terminals (ADT), the manager and operator of Khalifa Port container terminal, has signed a contract with Borouge under which ADT will design, construct, and operate a...
http://www.chemweek.com/home/top_of_the_news/Borouge-and-ADT-sign-packaging-services-contract_61470.html
June 2, 2014
Ineos announced today that, following clearance from the European Commission, it has completed the acquisition of the Sasol's solvents assets in Germany and the associated production...
http://www.chemweek.com/home/top_of_the_news/Ineos-completes-acquisition-of-Sasols-solvents-business-in-Germany_61469.html
June 2, 2014
Rashtriya Chemicals and Fertilizers (RCF; Mumbai) has shelved plans to build a $1-billion fertilizer complex in Ghana because it could not secure gas supplies for the project, Indian...
http://www.chemweek.com/home/top_of_the_news/Rashtriya-Chemicals-and-Fertilizers-drops-plans-to-build-fertilizer-complex-in-Ghana_61466.html
June 2, 2014
Air Liquide announced today that, on 1 June, Benoît Potier, chairman and CEO, succeeded Leif Johansson, chairman of Ericsson and AstraZeneca, as chairman of the European Round...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-CEO-takes-over-as-chairman-of-ERT_61465.html
June 1, 2014
Five executives of PhosAgro (Moscow), a leading Russian fertilizer producer, including the general director and deputy general director of its Apatite phosphate subsidiary, are feared...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-executives-feared-dead-in-helicopter-crash_61462.html
May 31, 2014
Brass Fertilizer Co. (Victoria Island, Nigeria) and a Danish consortium led by Haldor Topsøe, have announced the signing of an agreement to design and construct a $3.5-billion...
http://www.chemweek.com/home/top_of_the_news/Brass-Fertilizer-signs-contract-to-build-large-urea-and-methanol-complex-in-Nigeria_61461.html
May 30, 2014
The State Bank for Foreign Economic Affairs of Turkmenistan has signed a 10-year loan agreement with the Japan Bank for International Cooperation and the South Korea Export-Import...
http://www.chemweek.com/home/top_of_the_news/Turkmenistan-signs-loan-agreement-for-petchems-project_61448.html
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