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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
March 4, 2013
The International Court of Arbitration of the International Chamber of Commerce (ICC) today released the final award amount, representing interest and costs, in the arbitration case...
http://www.chemweek.com/home/top_of_the_news/Kuwait-ordered-to-pay-Dow-close-to-$2-5-billion-in-K-Dow-arbitration-case_50222.html
March 4, 2013
Sabic will not be going ahead with plans announced last year to build a $5.3-billion methanol-to-olefins complex in Trinidad and Tobago in a joint venture with Sinopec, Sabic said...
http://www.chemweek.com/home/top_of_the_news/Sabic-pulls-out-of-$5-3-billion-methanol-to-olefins-JV-project-in-Trinidad-and-Tobago-Update_50216.html
March 4, 2013
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha), a newly created trading firm in Qatar, has taken over exclusive responsibility for the marketing...
http://www.chemweek.com/home/top_of_the_news/Qatar-transfers-Qafcos-marketing-activities-to-new-trading-firm-Muntajat_50215.html
March 4, 2013
Meghmani Organics (Ahmedabad, India), one of the country’s leading producers of pigments and pesticides has informed the Bombay Stock Exchange that a fatal accident occurred at...
http://www.chemweek.com/home/top_of_the_news/Accident-at-Indian-pesticides-plant-kills-three-workers_50220.html
March 4, 2013
DSM has completed the sale of its share in DEXPlastomers, a 50-50 joint venture with an affiliate of ExxonMobil Chemical, to Borealis. DSM also sold its linear low-density polyethylene...
http://www.chemweek.com/home/top_of_the_news/DSM-completes-sale-of-DEXPlastomers-and-LLDPE-technology-to-Borealis_50219.html
March 1, 2013
Praxair completed its previously announced acquisition of NuCO2 for $1.1 billion on 1 March. Separately, the company announced that the Venezuelan government’s devaluation of the bolivar would reduce first-quarter earnings by 8 cts/share....
http://www.chemweek.com/home/top_of_the_news/Praxair-completes-NuCO2-buy-Venezuela-devaluation-to-hurt-first-quarter-earnings_50214.html
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