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February 23, 2015
Valeant Pharmaceuticals International (Laval, PC) said on Sunday that it has entered into a definitive agreement with Salix Pharmaceuticals (Raleigh, NC) under which Valeant will...
http://www.chemweek.com/home/top_of_the_news/Valeant-Pharma-to-acquire-Salix-Pharma-in-$14-5-billion-deal_67996.html
February 20, 2015
Petkim (Aliaga, Turkey) is restarting its newly expanded purified terephthalic acid (PTA) unit at Aliaga. The project to increase PTA capacity at the site from 70,000 m.t./year to...
http://www.chemweek.com/home/top_of_the_news/Petkim-restarts-expanded-PTA-plant_67979.html
February 20, 2015
Health-care major Sanofi (Paris) says that its board has unanimously appointed Olivier Brandicourt—currently head of Bayer HealthCare—as the new CEO of  Olivier...
http://www.chemweek.com/home/top_of_the_news/Sanofi-names-head-of-Bayer-HealthCare-as-new-CEO-Bayer-announces-successor_67964.html
February 20, 2015
ThyssenKrupp Industrial Solutions has won a follow-up order from the Hungarian fertilizer manufacturer Nitrogénmüvek Zrt. to expand production capacity. ThyssenKrupp...
http://www.chemweek.com/home/top_of_the_news/ThyssenKrupp-Industrial-Solutions-to-build-nitric-acid-plant-in-Hungary_67978.html
February 20, 2015
Reliance Industries’ refinery and petrochemical complex at Jamnagar, Gujarat state, is witnessing a phenomenal expansion phase....
http://www.chemweek.com/home/top_of_the_news/Jamnagar-one-of-the-largest-construction-sites-readies-for-the-next-stage_67974.html
February 20, 2015

During the week ended 14 February, chemical railcar traffic in North America increased both sequentially and year-over-year (YOY), boosted by strong gains in the United States, but results from Mexico remain weak.

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http://www.chemweek.com/home/top_of_the_news/Weekly-chemical-rail-traffic-in-North-America-up-9-4-percent-YOY_67975.html
February 20, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
http://www.chemweek.com/home/top_of_the_news/Omnova-and-Barington-reach-agreement-on-board-seats_67977.html
February 20, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) has confirmed that workers at the company's Dead Sea Works (DSW) subsidiary launched a full strike yesterday at DSW's bromine plant at Sodom...
http://www.chemweek.com/home/top_of_the_news/Workers-launch-strike-at-ICL-plant-in-Israel_67973.html
February 20, 2015
Indorama Ventures (Bangkok) reports a net loss of 890 million baht ($27.3 million) for the fourth quarter of 2014, compared with a net loss of baht456 million in the fourth quarter of...
http://www.chemweek.com/home/top_of_the_news/Indorama-widens-fourth-quarter-loss-looking-at-acquisitions-worth-over-$1-billion-this-year_67970.html
February 20, 2015
US prompt benzene spot prices have again dropped below the $2.00/gallon mark this week on the back of ample supply, weak demand, declining crude futures, and the potential for imports...
http://www.chemweek.com/home/top_of_the_news/Benzene-prices-fall-back-below-$2-00gallon-in-US-on-weak-fundamentals_67933.html
February 20, 2015
Axiall reports a net loss of $13.8 million for the fourth quarter, a sharp drop year-over-year (YOY) from $57 million. Net sales were flat YOY at $1.1 billion. Adjusted earnings per share of 19 cts beat the mean analysts’ estimate of 16 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/home/top_of_the_news/Axiall-swings-to-loss-but-beats-estimates_67912.html
February 19, 2015
CB&I today announced that it has been awarded a contract by Carbon Holdings (Cairo) for the license and engineering design of a polypropylene (PP) unit to be built at Ain Sokhna...
http://www.chemweek.com/home/top_of_the_news/CB-and-I-awarded-contract-for-polypropylene-project-in-Egypt_67891.html
February 19, 2015
Albemarle says that its Chemetall surface treatment business unit has completed the acquisition of all shares of its Shanghai Chemetall joint venture and is now the sole owner of the...
http://www.chemweek.com/home/top_of_the_news/Albemarles-Chemetall-unit-buys-out-partners-in-Shanghai-JV_67890.html
February 19, 2015
Yara International and BASF today announced that they have agreed to build a previously announced world-scale ammonia plant at BASF’s site at Freeport, TX. The two companies, in...
http://www.chemweek.com/home/top_of_the_news/BASF-Yara-confirm-plans-to-invest-$600-million-to-build-ammonia-plant-at-Freeport_67885.html
February 19, 2015
OMV (Vienna) says that operating profit at its petrochemicals business slipped in the fourth quarter of 2014 to €21 million, from €25 million in the corresponding quarter of...
http://www.chemweek.com/home/top_of_the_news/OMVs-petchem-profit-slips_67888.html
February 19, 2015
Fertilizer major PhosAgro (Moscow) has announced the commissioning of a new phosphate-potash fertilizer production line with a capacity of 100,000 m.t./year of PKS fertilizers...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-commissions-PKS-fertilizer-plant-in-Russia_67882.html
February 19, 2015
Huntsman reports a loss of $38 million for the fourth quarter of 2014, down 190% year-over-year (YOY) from profit of $41 million on lower earnings from the pigment and additives division. Sales for the quarter totaled $2.95 billion, up 9% YOY from $2.70 billion. Adjusted diluted income of 33 cts/share missed the mean analysts’ estimate of 37 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/home/top_of_the_news/Huntsman-swings-to-$38-million-loss-misses-estimates_67862.html
February 18, 2015
Tesoro's (San Antonio) board has approved two complementary investments—a mixed xylenes project and a naphtha isomerization project—at the company's Anacortes, WA...
http://www.chemweek.com/home/top_of_the_news/Tesoros-board-approves-mixed-xylenes-project-at-Anacortes_67855.html
February 18, 2015
ENI (Rome) has announced that its chemicals subsidiary Versalis narrowed its net loss to €58.0 million ($66.1 million) in the fourth quarter of 2014 from €116 million in...
http://www.chemweek.com/home/top_of_the_news/Versalis-cuts-its-losses-on-higher-margins-restructuring_67860.html
February 18, 2015
Clariant today reported fourth-quarter sales of 1.59 billion Swiss francs ($1.69 billion), rising 2.0% in local currencies. The increase was driven by higher prices. Despite some...
http://www.chemweek.com/home/top_of_the_news/Clariant-reports-mixed-results-does-not-expect-to-achieve-midterm-Ebitda-margin-target-in-2015_67854.html
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