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February 11, 2014
Clariant says that it has signed an agreement to divest its water treatment business in Africa to AECI (Johannesburg), for 34 million Swiss francs ($37.9 million) in cash, at closing...
http://www.chemweek.com/home/top_of_the_news/AECI-to-acquire-Clariants-water-treatment-business-in-Africa_58720.html
February 10, 2014
Fluor announced today a realignment of senior executives to improve its speed to market and client offerings for its commercial businesses. Peter Oosterveer, 56, was named COO...
http://www.chemweek.com/home/top_of_the_news/Fluor-streamlines-organization-appoints-COO_58697.html
February 10, 2014
Petronas Chemicals (Kuala Lumpur) reports a 49.6% fall in profits for the fourth quarter ended 31 December 2013 compared with the year-ago quarter, to 498 million ringgit ($149...
http://www.chemweek.com/home/top_of_the_news/Petronas-Chemicals-reports-fall-in-profits-and-sales_58696.html
February 10, 2014
Paints and coatings company Tikkurila (Helsinki) reports an operating loss of €4.2 million ($5.73 million) in the fourth quarter 2014 compared with an operating loss of €3.2...
http://www.chemweek.com/home/top_of_the_news/Tikkurila-reports-4-2-percent-operating-loss-sales-drop-4-percent-in-fourth-quarter-2013_58693.html
February 10, 2014
PhosAgro (Moscow), a leading fertilizer producer, today reported fertilizer production and sales in 2013 rising by 9% and 11.2%, respectively. Phosphate fertilizer production and sales...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-reports-higher-fertilizer-production-and-sales-in-2013-upbeat-on-2014_58691.html
February 10, 2014
Air Liquide announced today that it signed a major, long-term contract with ThyssenKrupp Steel Europe to supply industrial gases to the steel maker. Under the terms of the agreement...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-signs-major-gases-supply-contract-with-ThyssenKrupp-Steel_58690.html
February 9, 2014
Octal Petrochemicals, a major producer of polyethylene terephthalate (PET) bottle resin at Salalah, Oman, has announced plans to set up a $20-million project in Saudi Arabia to...
http://www.chemweek.com/home/top_of_the_news/Octal-to-invest-in-downstream-facility-in-Saudi-Arabia_58688.html
February 7, 2014
Phillips 66 has received board approval for the Sweeny Fractionator One project, which will produce purity natural gas liquids (NGL), and the Freeport Liquefied Petroleum Gas (LPG) Export Terminal, the company announced on 7 February. The combined investment will total more than $3 billion, says Phillips 66....
http://www.chemweek.com/home/top_of_the_news/Phillips-66-to-proceed-with-$3-billion-in-NGL-projects_58687.html
February 7, 2014
Celanese (Dallas) says its board of directors has increased the company’s share repurchase authorization to $400 million. At the end of 2013, Celanese had $228 million remaining from previous authorizations....
http://www.chemweek.com/home/top_of_the_news/Celanese-board-authorizes-$400-million-in-share-repurchases_58673.html
February 7, 2014
Petronas (Kuala Lumpur) announced today that it has been notified by a contractor of a fire incident aboard a vessel carrying equipment items to Petronas Chemicals’ subsidiary...
http://www.chemweek.com/home/top_of_the_news/Fire-aboard-vessel-carrying-equipment-likely-to-delay-Petronass-Samur-project_58677.html
February 7, 2014
Uralkali (Berezniki, Russia), a leading global producer of potash, said today that it has acquired a 25% stake in Equiplan Participacoes, which is the main shareholder in Terminais...
http://www.chemweek.com/home/top_of_the_news/Uralkali-buys-stake-in-port-terminal-in-Brazil-eyeing-expansion-of-Latin-American-market_58674.html
February 7, 2014
The Chemical Facility Anti-Terrorism Standards (CFATS) Authorization and Accountability Act of 2014 was introduced to Congress today by US Representative Michael McCaul (R-TX)...
http://www.chemweek.com/home/top_of_the_news/CFATS-improvement-bill-introduced-to-House-Socma-supports-efforts_58622.html
February 7, 2014
Kemira (Helsinki) today reported a fourth-quarter net loss of €48.7 million ($66.06 million) compared with a net loss of €40.4 million in the year-earlier period. Revenues...
http://www.chemweek.com/home/top_of_the_news/Kemira-reports-widening-fourth-quarter-loss-as-restructuring-continues_58669.html
February 7, 2014
Linde announced today that it has signed a long-term contract with Nynas (Stockholm), one of the world leaders in the naphthenic specialty oils (NSP) and the bitumen business, for the...
http://www.chemweek.com/home/top_of_the_news/Linde-builds-on-site-hydrogen-plant-at-Nynass-Hamburg-site_58655.html
February 7, 2014
Uralchem (Moscow), a major producer of fertilizers, says that it achieved record production results last year, particularly of ammonia, following increase in output at its facilities...
http://www.chemweek.com/home/top_of_the_news/Uralchem-adjusts-fertilizer-output-to-cater-to-demand_58661.html
February 7, 2014
Haldor Topsøe (Lyngby, Denmark) says it has recently acquired an 18% stake in battery technology company Faradion (Sheffield, UK). Financial details of the deal were not...
http://www.chemweek.com/home/top_of_the_news/Haldor-Topsøe-buys-stake-in-UK-based-battery-technology-firm_58653.html
February 6, 2014
Plants owned and operated by La Seda de Barcelona (El Prat de Llobregat, Spain) at El Prat and Tarragona, Spain are to be acquired by Cristian Lay (Jerez de los Caballeros, Spain)...
http://www.chemweek.com/home/top_of_the_news/La-Seda-to-sell-petchem-assets-in-Spain-to-market-entrant_58604.html
February 6, 2014
PetroLogistics (Houston) reports net income of $21.5 million for the fourth quarter, down 17% year-over-year (YOY) from $25.9 million. Sales totaled $191 million, up 15% YOY....
http://www.chemweek.com/home/top_of_the_news/PetroLogistics-sales-up-earnings-down-on-propane-costs-turnaround_58600.html
February 6, 2014
Dow Corning reports net income of $110 million for its fiscal fourth quarter, compared with a loss of $101 million in the year-ago quarter, as customers purchased high volumes of...
http://www.chemweek.com/home/top_of_the_news/Dow-Corning-swings-to-profit_58599.html
February 6, 2014
The 550,000 workers in the German chemical industry have won a pay increase of 3.7%, following several rounds of pay tariff negotiations between the chemical employers association BAVC...
http://www.chemweek.com/home/top_of_the_news/Chemical-workers-in-Germany-win-3-7-percent-pay-increase_58598.html
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