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June 12, 2014
The West Bengal government and The Chatterjee Group (TCG)—co-promoters of Haldia Petrochemicals (HPL; Kolkata), the only major producer of petrochemicals and polymers on the...
http://www.chemweek.com/home/top_of_the_news/Haldia-dispute-close-to-being-resolved-Indian-Oil-no-longer-interested_61708.html
June 11, 2014
Enterprise Products Partners (Houston) has chosen the Houston Ship Channel for the site of a new ethane export facility. The company says it has signed a 30-year agreement with the Port of Houston for use of facilities adjacent to Enterprise’s Morgan’s Point terminal....
http://www.chemweek.com/home/top_of_the_news/Enterprise-to-site-ethane-export-terminal-on-Houston-Ship-Channel_61699.html
June 11, 2014
Oxea says that “technical issues” arose at the end of a major scheduled maintenance turnaround at its Bay City, TX, facility. Although all units are back in operation, inventories of oxo products and esters “are extremely low throughout the supply chain,” the company stated in a press release issued on 11 June....
http://www.chemweek.com/home/top_of_the_news/Oxea-reports-temporary-service-disruption-at-Bay-City-TX-intermediates-facility_61701.html
June 11, 2014
The RAG Foundation (Frankfurt), a public-sector trust, says it will reduce its stake in Evonik Industries to diversify its investment risks, according to Reuters reports. The...
http://www.chemweek.com/home/top_of_the_news/Report-German-trust-to-cut-stake-in-Evonik_61556.html
June 11, 2014
Marrone Bio Innovations (MBI; Davis, CA) and DSM's food specialties business have signed a collaborative agreement involving early-stage research of several biological active...
http://www.chemweek.com/home/top_of_the_news/DSM-food-specialties-unit-and-Marrone-Bio-sign-R-and-D-agreement_61544.html
June 11, 2014
KI Chemistry, a unit of Kulczyk Investments controlled by Poland’s richest man, Jan Kulczyk, has agreed to buy 51.1% stake in the chemical producer Ciech (Warsaw) following an...
http://www.chemweek.com/home/top_of_the_news/KI-Chemistry-buys-majority-stake-in-Ciech_61572.html
June 11, 2014
Johnson Matthey (London) reports a 24.9% rise in profits for the company’s fiscal year, ended 31 March, compared with the previous fiscal year, to £338.7 million ($566...
http://www.chemweek.com/home/top_of_the_news/Johnson-Matthey-reports-rise-in-profits-and-sales_61571.html
June 11, 2014
Merck said today that it has entered into a definitive agreement to acquire of biopharmaceuticals company Idenix Pharmaceuticals (Cambridge, MA) for $24.50/share in cash. The boards of...
http://www.chemweek.com/home/top_of_the_news/Merck-to-acquire-biopharmaceutical-company-Idenix-for-$3-85-billion_61621.html
June 11, 2014
Refiner and petrochemicals producer IRPC (Bangkok), formerly Thai Petrochemical Industry, said today that a fire at its vacuum gas oil hydrotreating unit (VGO/HT), which provides...
http://www.chemweek.com/home/top_of_the_news/Fire-halts-production-at-petchem-complex-in-Thailand_61645.html
June 11, 2014
Air Products and Matheson Tri-Gas, a subsidiary of Taiyo Nippon Sanso, say they have started filling and shipping the first two 11,000-gallon helium intermodal (ISO) containers from...
http://www.chemweek.com/home/top_of_the_news/Air-Products-and-Matheson-begin-helium-shipments-from-jointly-owned-Wyoming-facility_61682.html
June 11, 2014
BASF says that it will invest more than €200 million ($271 million) to expand production capacity for key herbicides dicamba and DMTA at the company’s Beaumont, TX site as...
http://www.chemweek.com/home/top_of_the_news/BASF-to-invest-over-&euro200-million-to-expand-herbicide-production-capacities-in-US_61677.html
June 11, 2014
Private equity firm Sun Capital Partners has merged two wholly owned flexible foam producers, Sleep Innovations and Flexible Foam Products, to form Innocor Inc. (West Long Branch, NJ)...
http://www.chemweek.com/home/top_of_the_news/Sun-Capital-launches-Innocor-Inc-a-leading-PU-foam-player-in-North-America_61676.html
June 11, 2014
Sabic will introduce technical-grade urea (TGU) this year, an offering that will enable diesel engines to run more efficiently and reduce hazardous emissions, the company says. The new...
http://www.chemweek.com/home/top_of_the_news/Sabic-to-produce-technical-grade-urea-at-Al-Jubail-fertilizer-facility_61671.html
June 11, 2014
Russian fertilizer producer Acron (Velikii Novgorod), through its Norica Holding subsidiary, has raised its stake in Grupa Azoty (Tarnów), the major chemicals player in Poland...
http://www.chemweek.com/home/top_of_the_news/Acron-raises-stake-in-Polish-chemicals-major-Grupa-Azoty_61675.html
June 11, 2014
Mitsubishi Gas Chemical says it has decided to close permanently its ammonia plant based at Niigata City, Japan at the end of July 2015. The 132,000 m.t./year plant has been in...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Gas-Chemical-to-close-Niigata-ammonia-plant_61670.html
June 11, 2014
Sabic has become the largest owner of intellectual property in the Middle East as it passed the milestone of more than 10,000 patents either issued or pending approval, the company...
http://www.chemweek.com/home/top_of_the_news/Sabic-passes-patent-milestone-to-become-Mideasts-largest-owner-of-intellectual-property_61669.html
June 11, 2014
Mitsui Chemicals Agro (Tokyo), the agrochemical subsidiary of Mitsui Chemicals, and BASF have signed an exclusive global development and license agreement for a new insecticide —...
http://www.chemweek.com/home/top_of_the_news/Mitsui-Chemicals-and-BASF-sign-development-and-license-agreement-for-new-insecticide_61667.html
June 11, 2014
Solvay has opened a laboratory and production facility at Killdeer, North Dakota to serve oil and gas customers in the Bakken shale formation and expand its tailored formulations that...
http://www.chemweek.com/home/top_of_the_news/Solvay-opens-facility-in-North-Dakota-to-serve-shale-oil-and-gas-customers_61666.html
June 10, 2014
Occidental Petroleum has named Robert Peterson president of OxyChem, effective 1 August. Peterson succeeds Chuck Anderson, who will retire on 31 July. Peterson has served as senior...
http://www.chemweek.com/home/top_of_the_news/Next-OxyChem-president-announced_61654.html
June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/home/top_of_the_news/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
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