IHS Chemical Week

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Displaying 521 - 540 of 11511 stories.
February 25, 2015
A rarely seen arbitrage between Europe and Asia for benzene has opened and reportedly been worked as Europe still struggles to deal with length in its domestic system heading into...
http://www.chemweek.com/home/top_of_the_news/Rare-Europe-to-Asia-arbitrage-opens-as-Europes-benzene-market-lengthens_68075.html
February 25, 2015
Deinove (Montpelier, France), a biotech company that develops innovative processes to produce biofuels and biobased chemicals by using Deinococcus bacteria as host strains, today...
http://www.chemweek.com/home/top_of_the_news/Deinove-granted-patent-in-the-US-for-second-generation-bioethanol-production-process_68076.html
February 25, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, announced today that its board of directors on...
http://www.chemweek.com/home/top_of_the_news/Petro-Rabigh-plans-a-50-day-shutdown-of-all-facilities-for-turnaround_68074.html
February 25, 2015
Brenntag says that it has agreed to acquire Lionheart Chemical Enterprises (Johannesburg), a specialty chemicals distributor in the South African market operating mainly in the food...
http://www.chemweek.com/home/top_of_the_news/Brenntag-to-acquire-specialty-chemicals-distributor-in-South-Africa_68064.html
February 25, 2015
Westlake reports net income for the fourth quarter of $183 million, up 7% year-over-year (YOY) from $171 million on the advantage of converting from propane to ethane feedstock. Net sales increased 19% YOY to $1.1 billion, mainly on the contribution of Vinnolit Holdings, which Westlake acquired in the third quarter. Earnings of $1.37/share were just shy of the analysts’ consensus of $1.38/share reported by Thomson Reuters (New York) owing to the 3 cnt/share impairment of an equity investment....
http://www.chemweek.com/home/top_of_the_news/Westlake-net-income-up-7-percent-on-feedstock-costs_68045.html
February 25, 2015
Private equity company Apax Partners has signed a binding agreement to acquire specialty chemicals distributor Azelis (Antwerp) from another private equity firm, 3i Group. Apax and 3i...
http://www.chemweek.com/home/top_of_the_news/Private-equity-firm-Apax-Partners-confirms-acquisition-of-specialties-distributor-Azelis_68072.html
February 24, 2015
Air Liquide and Sasol have signed a long-term agreement for the supply of large quantities of industrial gases to Sasol’s Secunda, South Africa, site about 140 kilometers east of...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-to-build-worlds-largest-ASU-in-South-Africa-to-supply-Sasol_68050.html
February 24, 2015
Alpek (Monterrey, Mexico) reported a net loss of $25 million during the fourth quarter of 2014 compared with a $9-million loss in the fourth quarter of 2013. The quarterly loss...
http://www.chemweek.com/home/top_of_the_news/Alpeks-loss-widens-in-fourth-quarter-exits-Russian-JV_68051.html
February 24, 2015
Croda's (Goole, UK) revenue for the fourth quarter of 2014 was £250.2 million ($385.3 million), up 1.5% year-on-year, the company announced today. Sales by the consumer-care...
http://www.chemweek.com/home/top_of_the_news/Crodas-sales-up-in-the-fourth-quarter-despite-currency-effects_68037.html
February 24, 2015
LyondellBasell said today that it has reached an agreement with Karyn Ovelmen, executive v.p. and CFO, for her “separation from the company.” Ovelmen will continue as CFO for up to three months under the agreement while the company conducts a search for her successor....
http://www.chemweek.com/home/top_of_the_news/LyondellBasells-CFO-to-leave-the-company_68035.html
February 24, 2015
Royal Dutch Shell says that it has made a final investment decision to rebuild the Ellba propylene oxide–styrene monomer (POSM) plant at Shell Chemicals' Moerdijk, Netherlands...
http://www.chemweek.com/home/top_of_the_news/Shell-confirms-plans-to-rebuild-Moerdijk-POSM-unit-aromatics-plant-back-onstream-cracker-to-restart-in-third-quarter_68034.html
February 24, 2015
ACC’s Chemical Activity Barometer (CAB), a leading economic indicator index developed by ACC’s economics department, dipped 0.2% in February, as measured on a three-month...
http://www.chemweek.com/home/top_of_the_news/ACC-Severe-weather-a-drag-on-February-chemical-activity_68041.html
February 24, 2015
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion (Li-ion) batteries, today established their previously announced joint...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Toda-Kogyo-launch-JV-for-cathode-active-materials-in-Japan_68031.html
February 24, 2015
Westlake Chemical Partners LP (Houston) reports net income of $8.6 million on sales of $274 million for the fourth quarter of 2014. The period was the first full quarter for the business, a master limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities. Earnings of 32 cts per limited partner unit were short of the analysts’ consensus estimate of 34 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/home/top_of_the_news/Westlake-ethylene-MLP-reports-net-income-of-$8-6-million-for-its-first-full-quarter_68048.html
February 24, 2015
Specialty chemicals producer Elementis (London) today announced its results for 2014. Group sales were 2% higher than a year ago, reaching $790.4 million with no material impact from...
http://www.chemweek.com/home/top_of_the_news/Elementis-reports-higher-sales-and-earnings_68030.html
February 24, 2015
Solvay said today that it is building a new poly(ether ether ketone) (PEEK) plant in the United States, more than doubling capacity for this high-performance engineering polymer and...
http://www.chemweek.com/home/top_of_the_news/Solvay-selects-the-United-States-for-its-second-global-PEEK-plant_68029.html
February 24, 2015
The environment committee of the European Parliamentary has voted in favor of a reform of the European Union’s Emissions Trading System (EU ETS), backing a draft law to reduce...
http://www.chemweek.com/home/top_of_the_news/EU-environment-committee-votes-for-market-stability-reserve-to-take-effect-start-of-2019_68049.html
February 24, 2015
Brenntag says that it has expanded its distribution agreement focused on its cosmetics business in Europe with a Dow Chemical microbial control a business unit. New regions...
http://www.chemweek.com/home/top_of_the_news/Brenntag-expands-distribution-agreement-with-Dow-for-cosmetics-business_68026.html
February 24, 2015
Japan's benzene, toluene, and xylene (BTX) production in January was mostly lower on monthly and annual bases, data from the Japan Petrochemical Industry Association (JPCA; Tokyo)...
http://www.chemweek.com/home/top_of_the_news/Japans-January-BTX-output-mostly-down-on-monthly-annual-bases_68021.html
February 24, 2015
Granules India (Hyderabad), a producer of active pharmaceutical ingredients (APIs), intermediates, and formulations, says that its Granules OmniChem joint venture has opened its...
http://www.chemweek.com/home/top_of_the_news/Granules-OmniChem-JV-opens-API-plant-in-India_68024.html
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