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December 29, 2014
Sadara Basic Services Co., a wholly owned subsidiary of Sadara, itself a joint venture between Saudi Aramco and Dow Chemical, today signed a feedstock allocation extension agreement...
http://www.chemweek.com/home/top_of_the_news/Saudi-ministry-allocates-feedstocks-to-Sadara_66476.html
December 25, 2014
Reliance Industries announced today that it has signed shipping agreements with Mitsui OSK Lines (MOL; Tokyo), one of the world’s largest shipping companies, for transporting...
http://www.chemweek.com/home/top_of_the_news/Reliance-inks-shipping-deal-with-Mitsui-OSK-to-import-ethane-from-North-America_66466.html
December 24, 2014
Rashtriya Chemicals and Fertilizers (RCF; Mumbai) said today that it has signed two joint venture agreements with Gail India, Coal India, and Fertilizers Corporation of India to set up...
http://www.chemweek.com/home/top_of_the_news/Indian-firms-sign-joint-venture-agreements-to-build-large-coal-based-fertilizer-complex_66457.html
December 24, 2014
Kuraray has unveiled a medium-term management plan covering the next three years. Kuraray is targeting sales of ¥650 billion ($5.4 billion) and operating profits of ¥90 billion...
http://www.chemweek.com/home/top_of_the_news/Kuraray-announces-business-plan-to-invest-$1-6-billion-in-three-years_66452.html
December 24, 2014
A group of 12 minority shareholders on Tuesday launched a last-ditch attempt to prevent the French group Saint-Gobain from buying the family-controlled Swiss building chemicals group...
http://www.chemweek.com/home/top_of_the_news/Sika-minority-holders-try-to-block-Saint-Gobain-takeover-as-family-seeks-to-oust-directors_66444.html
December 24, 2014
Mosaic, a major producer of phosphate and potash fertilizers, is planning to expand its ammonia plant in Louisiana. The company awarded KBR the license and engineering contracts to...
http://www.chemweek.com/home/top_of_the_news/Mosaic-plans-ammonia-plant-expansion-in-Louisiana_66443.html
December 24, 2014
Energy majors Lukoil (Moscow) and Rosneft Petroleum Co. (Moscow) have signed a package of legally binding documents covering the sale by Lukoil of its interest in the National Oil...
http://www.chemweek.com/home/top_of_the_news/Rosneft-buys-Lukoils-stake-in-Venezuela-focused-NOC-consortium_66453.html
December 24, 2014
Reckitt Benckiser (RB), a leading global consumer health and hygiene company, said that it has completed the demerger of its specialty pharmaceuticals business Indivior. Indivior...
http://www.chemweek.com/home/top_of_the_news/Reckitt-Benckiser-completes-pharma-demerger_66446.html
December 24, 2014
A Moscow court has issued a warrant in absentia for the arrest of Sergei Makhlai, chairman of the board of nitrogen fertilizer producer TogliattiAzot (Togliatti, Russia). He is charged...
http://www.chemweek.com/home/top_of_the_news/Russian-court-issues-arrest-warrant-for-US-resident-fertilizer-businessman_66445.html
December 23, 2014
Merck KGaA (Darmstadt, Germany) and life science company Sigma-Aldrich (St. Louis) today announced that Merck has obtained antitrust clearance from the US FTC for its previously...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-receives-US-antitrust-clearance-for-acquisition-of-Sigma-Aldrich-for-$17-billion_66425.html
December 23, 2014
UOP, a Honeywell subsidiary, says that Zhejiang Satellite Petrochemical (Jiaxing, China) became the first Chinese producer to start producing propylene using UOP C3 Oleflex process...
http://www.chemweek.com/home/top_of_the_news/China-commissions-first-of-14-planned-propylene-plants-using-UOP-technology_66424.html
December 23, 2014
Indian pharma major Cipla (Mumbai) said today that its Cipla Medpro subsidiary, the third-largest pharma company in South Africa, has been awarded a 2.00-billion rand ($172.7 million)...
http://www.chemweek.com/home/top_of_the_news/Indian-pharma-firm-wins-South-African-ARV-tender_66422.html
December 23, 2014
Procter & Gamble (P&G) said on Monday that it has agreed to sell its Camay and Zest soap brands along with transferring a manufacturing facility in Mexico to Unilever for an...
http://www.chemweek.com/home/top_of_the_news/Procter-and-Gamble-sells-Camay-and-Zest-brands-to-Unilever_66421.html
December 23, 2014
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has signed an agreement to purchase the shares of Vitiva (Markovci, Slovenia) for about $10.0...
http://www.chemweek.com/home/top_of_the_news/Frutarom-acquires-Slovenia-based-firm-Vitiva_66419.html
December 23, 2014
Jurong Aromatics Corp. (JAC, Singapore) has shut its petrochemical plant on Jurong Island, Singapore, about 22 December for maintenance and modification, the company said Tuesday. The...
http://www.chemweek.com/home/top_of_the_news/Jurong-Aromatics-shuts-plant-for-maintenance-work_66411.html
December 23, 2014
South Korea will levy tariffs on imported crude refined into naphtha and liquefied petroleum gas, effective 1 January 2015, the ministry of strategy and finance said Tuesday. It will...
http://www.chemweek.com/home/top_of_the_news/South-Korea-to-levy-tarriffs-on-crude-refined-into-naphtha-and-LPG_66415.html
December 23, 2014
Statoil (Stavanger, Norway) said today that it has agreed to sell parts of its holding in the US Marcellus Shale gas well to Southwestern Energy Co. for $394.0 million. The transaction...
http://www.chemweek.com/home/top_of_the_news/Statoil-sells-parts-of-Marcellus-holding-to-Southwestern-Energy-for-$394-million_66418.html
December 23, 2014
Brenntag says that it has signed an agreement to acquire chemicals distributor Fred Holmberg & Co. (Malmö, Sweden). Financial details of the deal have not been disclosed. Fred...
http://www.chemweek.com/home/top_of_the_news/Brenntag-to-acquire-chemicals-distributor-in-Sweden_66413.html
December 22, 2014

Sasol has completed a $4.00-billion credit facility for its $8.90-billion ethane cracker and derivatives project at Lake Charles, LA.

...

http://www.chemweek.com/home/top_of_the_news/Sasol-closes-$4-billion-credit-facility-for-Lake-Charles-ethylene-project_66400.html
December 22, 2014

In a 13-2 vote, the legislature of the US Virgin Islands has rejected an operating agreement proposed by Atlantic Basin Refining as part a deal to acquire the 355,000-bbl/day Hovensa refinery at Saint Croix, VI, from its current owners, PDVSA (Caracas) and Hess (New York).

...

http://www.chemweek.com/home/top_of_the_news/US-Virgin-Islands-rejects-terms-of-Hovensa-sale_66399.html
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