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May 12, 2014
Bayer CropScience and Kaiima Bio-Agritech (Moshav Sharona, Israel) have announced a collaboration to develop advanced hybrid rice varieties. The multi-year project combines Bayer's and...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-and-Israeli-firm-partner-to-improve-rice-productivity_61016.html
May 12, 2014
Geo Specialty Chemicals (Ambler, PA) says it has begun construction of a new production facility at its Hythe site in the United Kingdom designed to serve the fast growing contact lens...
http://www.chemweek.com/home/top_of_the_news/Geo-begins-construction-of-new-facility-at-Hythe-UK_61011.html
May 12, 2014
The National Petrochemical Co. (NPC; Tehran) says the West Ethylene Pipeline, connecting two ethane crackers at Assaluyeh in the south of Iran with several downstream plants, will be...
http://www.chemweek.com/home/top_of_the_news/Iran-to-inaugurate-ethylene-pipeline_60981.html
May 12, 2014
Indorama Ventures (Bangkok) reports a 12.6% fall in profits for the first quarter of 2014 compared with the first quarter of 2013, to 444 million baht ($13.6 million). First-quarter...
http://www.chemweek.com/home/top_of_the_news/Indorama-reports-fall-in-first-quarter-profits_60994.html
May 12, 2014
Ube Industries reports a 53.6% rise in net profits for its fiscal year ended 31 March compared with the previous fiscal year, to ¥12.6 billion ($123 million). Full-year sales...
http://www.chemweek.com/home/top_of_the_news/Ube-reports-rise-in-profits-and-sales_60988.html
May 12, 2014
Sumitomo Chemical reports a net profit of ¥37.0 billion ($363 million) for the fiscal year, ended 31 March, compared with a net loss of ¥51.07 billion in the previous fiscal...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-swings-to-profit-will-close-caprolactam-plant-in-Japan_60986.html
May 12, 2014
Toyo Engineering today gave more details on a petrochemical contract it is carrying out for a previously announced project for state group Turkmengas (Ashgabat) in Turkmenistan...
http://www.chemweek.com/home/top_of_the_news/Toyo-Engineering-outlines-petchem-contract-in-Turkmenistan_60983.html
May 10, 2014
The board of directors of ENI (Rome) on Friday appointed Claudio Descalzi as CEO, replacing Paolo Scaroni. Scaroni was appointed head of the energy major by disgraced former prime...
http://www.chemweek.com/home/top_of_the_news/ENI-appoints-Claudio-Descalzi-as-CEO_60980.html
May 10, 2014
Merck KGaA (Darmstadt, Germany) plans to invest €100 million ($137.6 million) this year in biosimilars, a new business being developed by its Merck Serono unit. In addition, Merck...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-to-invest-in-biosimilars-eyes-pharma-acquisitions_60979.html
May 10, 2014
SGL Automotive Carbon Fibers and BMW Group said on Friday that they intend to invest $200 million to triple carbon fiber capacity at their Moses Lake, WA plant, to cope with high...
http://www.chemweek.com/home/top_of_the_news/BMW-and-SGL-Group-to-triple-carbon-fiber-capacity-at-Moses-Lake-plant_60978.html
May 9, 2014
Agrium announced today that it has entered into a definitive agreement with Koch Agronomic Services, LLC, an affiliate of Koch Fertilizer, LLC, to sell its Turf and Ornamental business...
http://www.chemweek.com/home/top_of_the_news/Agrium-to-sell-turf-and-ornamental-business-to-Koch-Agronomic-Services_60967.html
May 9, 2014
Tosoh reports a 75.3% increase in net profits for its fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥29.6 billion ($291 million). Profits rose sharply...
http://www.chemweek.com/home/top_of_the_news/Tosoh-reports-huge-rise-in-profits_60960.html
May 9, 2014
Repsol (Madrid) has reported a 27% rise in first-quarter net profit, to €807 million ($1.11 billion). Petrochemicals sales were also up 27%, reaching 653,000 m.t. The company a...
http://www.chemweek.com/home/top_of_the_news/Repsol-reports-higher-income-in-first-quarter-petchem-sales-volumes-rise_60959.html
May 9, 2014
Kemira said today that it has been selected as a supplier of sodium chlorate to Klabin's (Rio de Janeiro) new 1.5-million m.t./year pulp mill in Paraná, Brazil. The product is...
http://www.chemweek.com/home/top_of_the_news/Kemira-to-build-sodium-chlorate-plant-in-Brazil-to-supply-Klabins-pulp-mill_60958.html
May 9, 2014
Marcus Kuhnert. Merck KGaA says that the board of partners of E. Merck KG, the body that appoints the executive board members of Merck, has appointed Marcus Kuhnert as group CFO...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-appoints-new-CFO_60957.html
May 9, 2014
Teijin reports a net profit of ¥8.35 billion ($82 million) for the full fiscal year, ended 31 March 2014, compared with a net loss of ¥29.13 billion in the previous fiscal...
http://www.chemweek.com/home/top_of_the_news/Teijin-swings-to-profit_60956.html
May 9, 2014
Asahi Kasei reports an 88.6% rise in net profits for the fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥101.2 billion ($996 million). Full-year sales...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-reports-huge-rise-in-profits_60955.html
May 8, 2014
UOP, a Honeywell subsidiary, announced today that its technologies have been selected to produce key ingredients for fuels and synthetic rubber in China. Lijin Petrochemical Plant Co...
http://www.chemweek.com/home/top_of_the_news/UOP-to-provide-technology-for-isobutylene-plant-in-China_60952.html
May 8, 2014
Ineos Technologies announced today that it has licensed its process technology for two polyolefin plants to be built in China. The company will provide the technology to Xinjiang...
http://www.chemweek.com/home/top_of_the_news/Ineos-licenses-polyethylene-and-polypropylene-technology-to-China_60945.html
May 8, 2014
ExxonMobil reports first-quarter earnings for its chemical segment of $1.047 billion, down 7.9% year-over-year (YOY) from $1.137 billion....
http://www.chemweek.com/home/top_of_the_news/ExxonMobil-chemical-earnings-down-7-9-percent-on-weaker-margins_60730.html
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