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March 7, 2013
Linde's net profit increased by 6.4% during 2012 from €1.24 billion ($1.67 billion) to €1.32 billion, the company said today. Ebitda went up 10%, from €3.21 billion to...
http://www.chemweek.com/home/top_of_the_news/Lindes-profits-and-sales-rise-in-2012_50319.html
March 7, 2013
Merck KGaA (Darmstadt, Germany) today reported a more than doubling in fourth-quarter net income, to €271.8 million ($353.7 million), due to favorable one-time effects on income...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-reports-higher-earnings-following-restructuring-lifts-savings-target_50317.html
March 7, 2013
Condon: Latin America is a strategic region Bayer CropScience, a subgroup of Bayer, says that it has signed an agreement to acquire the soybean seed company Wehrtec and the soy...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-acquires-businesses-in-Brazil-plans-further-growth-in-Latin-America_50315.html
March 7, 2013
Monsanto says it has signed a new agreement that makes Sinochem’s (Beijing) subsidiary in Australia the future exclusive distributor of Roundup-brand glyphosate herbicide...
http://www.chemweek.com/home/top_of_the_news/Monsanto-signs-Roundup-distribution-agreement-with-Sinochem-for-Australia-and-New-Zealand_50312.html
March 6, 2013
To protect their newly advantaged cost position, some US chemical producers are inviting government intervention into the natural gas market, but they are making a mistake, said...
http://www.chemweek.com/home/top_of_the_news/ExxonMobils-Pryor-defends-LNG-exports_50279.html
March 6, 2013
A legal dispute has erupted between Klesch Group (Geneva), a special situations investor; and Arkema over Kem One (Lyon, France), the former vinyls business of Arkema, which Klesch...
http://www.chemweek.com/home/top_of_the_news/Klesch-and-Arkema-lock-horns-over-vinyls-producer-Kem-One_50221.html
March 6, 2013
        Methanex's Motunui site Methanex says it plans to increase its methanol production capacity in New Zealand by 700,000 m.t./year, to 2.2...
http://www.chemweek.com/home/top_of_the_news/Methanex-to-restart-Waitara-Valley-plant-and-raise-capacity-at-Motunui-site-in-New-Zealand_50269.html
March 6, 2013
SK Gas (Seoul), South Korea's largest importer and distributor of liquefied petroleum gas (LPG), said today that it has signed a deal with Lummus Technology to use Lummus’s...
http://www.chemweek.com/home/top_of_the_news/SK-Gas-selects-Lummus-Catofin-technology-for-PDH-plant-in-Korea_50274.html
March 6, 2013
Henkel today reported a 41% increase in fourth-quarter Ebit, to €492 million ($642.1 million), on 5% higher sales, at €4 billion. Fourth-quarter Ebit margin rose to 12.3%...
http://www.chemweek.com/home/top_of_the_news/Henkel-reports-higher-2012-sales-and-earnings-gives-guidance-for-2013_50273.html
March 6, 2013
Mitsui & Co. says its wholly owned subsidiary Intercontinental Terminals Co. (ITC; Houston) will invest about $150 million to build a new tank terminal on the Houston Ship Channel...
http://www.chemweek.com/home/top_of_the_news/Mitsui-and-Co-to-build-petrochemical-terminal-in-US_50272.html
March 6, 2013
International Flavors & Fragrances (IFF) on Tuesday opened a flavors manufacturing plant at the Guangzhou Economic and Technological Development District, in China. The facility is...
http://www.chemweek.com/home/top_of_the_news/International-Flavors-and-Fragrances-opens-large-flavors-plant-in-China_50271.html
March 5, 2013
Beleaguered solar markets continue to drag on Ferro's financial results, with the company reporting a deeper quarter loss year-on-year just a day after rejecting a takeover bid from A...
http://www.chemweek.com/home/top_of_the_news/Ferros-fourth-quarter-loss-widens_50255.html
March 5, 2013
Mitsubishi Chemical says it has revised its financial targets for fiscal 2015, ending 31 March 2016, as a result of changes in the business environment. The targets are part of a...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-lowers-2016-targets_50250.html
March 5, 2013
Symrise (Holzminden, Germany), a leading producer of flavors and fragrances, has acquired the global fragrance business of the Belmay Group (New York), an international developer and...
http://www.chemweek.com/home/top_of_the_news/Symrise-acquires-Belmays-fragrance-activities-reinforcing-North-American-presence_50249.html
March 5, 2013
Sasol North America has selected Univation’s Unipol polyethylene (PE) technology for a 450,000-m.t./year plant to be built as part of a previously announced $5–7 billion...
http://www.chemweek.com/home/top_of_the_news/Sasol-progresses-with-Lake-Charles-cracker-project-selects-Unipol-PE-process_50248.html
March 5, 2013
BASF and Xinjiang Markor Chemical Industry Co. (Markor; Korla, China) plan to establish two joint ventures for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF) at...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Markor-form-two-JVs-to-produce-BDO-and-PolyTHF-in-China_50246.html
March 5, 2013
Celanese says it has signed a memorandum of understanding (MOU) with state-owned energy company Pertamina (Jakarta), and will begin the detailed project-planning phase for the...
http://www.chemweek.com/home/top_of_the_news/Celanese-and-Pertamina-to-form-JV-for-fuel-ethanol-projects-in-Indonesia_50245.html
March 5, 2013
Lanxess says that, following a previously announced feasibility study, it has decided to convert production of emulsion styrene butadiene rubber (E-SBR) used in standard tires to...
http://www.chemweek.com/home/top_of_the_news/Lanxess-to-invest-&euro80-million-to-switch-to-S-SBR-production-in-Brazil_50243.html
March 4, 2013
President Obama this morning formally nominated Gina McCarthy as the next EPA chief. McCarthy, EPA’s assistant administrator for the Office of Air and Radiation, had been...
http://www.chemweek.com/home/top_of_the_news/Obama-nominates-McCarthy-to-head-EPA_50226.html
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