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January 24, 2014
Celanese reported fourth-quarter net earnings of $654 million, compared with a loss of $169 million in the year-ago period. Net sales increased 7.7% year-over-year (YOY), to $1.62 billion....
http://www.chemweek.com/home/top_of_the_news/Celanese-swings-to-profit_58282.html
January 24, 2014
Asahi Kasei Corp. said today that it has appointed Toshio Asano as executive president, to replace Taketsugu Fujiwara, who will serve as vice chairman of the board as of 1 April. The...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-appoints-new-executive-president-rejuvenates-management_58300.html
January 24, 2014
Cefic has criticized the European Commission's recently published proposals on greenhouse gas (GHG) emissions and renewable energy. The commission has called for a reduction of 40% in...
http://www.chemweek.com/home/top_of_the_news/Cefic-criticizes-European-energy-and-climate-proposals_58297.html
January 24, 2014
Cefic has welcomed the 'minimum principles' for exploration and production of shale gas, recently announced as a recommendation by the European Commission. The principles "will...
http://www.chemweek.com/home/top_of_the_news/Cefic-supports-European-shale-gas-strategy_58290.html
January 24, 2014
Air Products announced on 23 January that it has signed an agreement with a consortium including Technip and JGC Corp. (Tokyo) to implement the Yamal Liquefied Natural Gas (LNG)...
http://www.chemweek.com/home/top_of_the_news/Air-Products-to-implement-large-scale-LNG-project-in-Arctic-Russia_58222.html
January 24, 2014
Production of fertilizers in Russia in terms of 100% nutrient content in 2013 rose 2.7% to reach 18.3 million m.t., according to Rosstat, the country’s statistical agency...
http://www.chemweek.com/home/top_of_the_news/Russian-fertilizer-output-in-2013-up-soda-ash-declines_58296.html
January 24, 2014
Wacker Chemie said today that its silicon wafer subsidiary Siltronic has increased its stake in Siltronic Samsung Wafer (Singapore) from 50% to 78%. Siltronic and Samsung Electronics...
http://www.chemweek.com/home/top_of_the_news/Wacker-acquires-majority-stake-in-silicon-wafer-jv-with-Samsung_58294.html
January 24, 2014
Unipetrol (Prague), a member of the Orlen Group (Plock, Poland), today reported an improvement in fourth-quarter profits  and said that the petrochemical segment has continued to...
http://www.chemweek.com/home/top_of_the_news/Unipetrol-reports-improved-earnings-petchems-to-benefit-from-most-of-investments_58292.html
January 24, 2014
The US Food and Drug Administration (FDA) announced on 23 January that it has notified Ranbaxy Laboratories (Gurgaon, India), that it is prohibited from manufacturing and distributing...
http://www.chemweek.com/home/top_of_the_news/FDA-prohibits-Ranbaxy-API-plant-from-producing-and-distributing-products-for-US-market_58291.html
January 24, 2014
Talke Group said today that it has taken over Hammer Logistik (Luxembourg). The acquisition has expanded Talke’s European dry bulk network to a total of about 1,200 silo vehicles...
http://www.chemweek.com/home/top_of_the_news/Talke-Group-acquires-Luxembourg-based-Hammer-Logistik_58288.html
January 24, 2014
The Ministry of Commerce (Mofcom; Beijing) says that China has imposed antidumping duties on imports of solar-grade polysilicon from South Korea and the United States, for five years...
http://www.chemweek.com/home/top_of_the_news/China-slaps-antidumping-duties-on-polysilicon-from-South-Korea-US_58287.html
January 23, 2014
Attendees and exhibitors at this year's Informex USA, held this week in Miami Beach, were mostly optimistic about the direction of the fine chemicals and contract manufacturing...
http://www.chemweek.com/home/top_of_the_news/Informex-2014-Rising-certainty-despite-challenges-for-pharma_58279.html
January 23, 2014
BioAmber (Minneapolis) today announced it has signed a take-or-pay contract for biobased 1,4-butanediol (BDO) with global chemical trader Vinmar International. Under the terms of the...
http://www.chemweek.com/home/top_of_the_news/Vinmar-signs-BDO-offtake-agreement-with-BioAmber_58200.html
January 23, 2014
Platform Specialty Products, which acquired specialty chemical maker MacDermid (Denver) for $1.8 billion late last year, is expected to start Big Board trading today....
http://www.chemweek.com/home/top_of_the_news/Platform-Specialty-Products-begins-NYSE-trading_58224.html
January 23, 2014
BASF announced today that it is implementing a series of measures in its paper chemicals business to improve competitiveness and profitability. The company is the global leading...
http://www.chemweek.com/home/top_of_the_news/BASF-to-restructure-paper-chemicals-business-may-exit-alkyl-ketene-dimer_58215.html
January 23, 2014
Huntsman Corp.'s performance products division will expand its global polyetheramines (PEA) capacity by a minimum of 15% as a result of debottlenecking three manufacturing plants, the...
http://www.chemweek.com/home/top_of_the_news/Huntsman-to-expand-polyetheramine-capacity-by-at-least-15-percent_58217.html
January 23, 2014
Biodiesel producer Renewable Energy Group (Ames, IA) today announced it has acquired renewable chemical technology developer LS9 for a purchase price of up to $61.5 million, consisting...
http://www.chemweek.com/home/top_of_the_news/Biodiesel-firm-acquires-LS9-for-$61-million_58203.html
January 23, 2014
Asahi Glass (Tokyo) announced today that it has agreed to supply Honeywell with hydrofluoroolefin (HFO)-1234yf, a car air-conditioning refrigerant, which has significantly lower...
http://www.chemweek.com/home/top_of_the_news/Asahi-Glass-to-supply-novel-refrigerant-to-Honeywell-will-build-plant_58212.html
January 23, 2014
Mitsubishi Chemical says it has developed a new grade of high-performance, high-transparency biobased engineering plastic Durabio, using plant-derived isosorbide as raw material. The...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-to-expand-capacity-for-biobased-engineering-plastic-Durabio_58210.html
January 23, 2014
Solvay said on Wednesday that its aroma performance business has been adversely impacted by a significant disruption in its hydroquinone (HQ) production, following an equipment failure...
http://www.chemweek.com/home/top_of_the_news/Solvay-declares-force-majeure-on-hydroquinone-from-Baton-Rouge-plant_58209.html
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