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December 16, 2014
Kazakhstan has received assurances that Chinese investors will pump $3.80 billion to develop potash deposits in Kazakhstan, according to investment and development minister of...
http://www.chemweek.com/home/top_of_the_news/Kazakhstan-advances-plans-to-become-major-potash-player_66205.html
December 16, 2014
Dow Chemical will supply quantum dot material to LG Electronics, which is launching a new range of high-tech TVs in early 2015. Dow is building a quantum dot factory in South Korea...
http://www.chemweek.com/home/top_of_the_news/LG-Electronics-and-Dow-link-in-quantum-dot-TV-project_66204.html
December 16, 2014
Orica has commissioned a $25.0-million emulsion explosives plant in the Murmansk region in Russia that will supply PhosAgro (Moscow) subsidiary Apatit. The plant is based at...
http://www.chemweek.com/home/top_of_the_news/Orica-commissions-explosives-plant-in-Russia-to-serve-PhosAgro_66203.html
December 16, 2014
Venture Global LNG will invest $4.25 billion to build a new liquefaction processing complex and liquefied natural gas (LNG) export terminal. The facility will be constructed on the...
http://www.chemweek.com/home/top_of_the_news/Venture-Global-LNG-invests-in-liquefaction-complex-and-LNG-export-terminal-in-Louisiana_66202.html
December 16, 2014
Petri Helsky, president of Kemira's paper segment, will assume a second role as president of Asia/Pacific as of 1 January 2015. Helsky, based in Hong Kong, continues to be a member of...
http://www.chemweek.com/home/top_of_the_news/Kemira-makes-management-changes_66201.html
December 15, 2014
Sherwin-Williams (SW) today narrowed its full-year 2014 adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are...
http://www.chemweek.com/home/top_of_the_news/Sherwin-Williams-narrows-guidance-details-Lowes-program_66154.html
December 15, 2014
The National Industrialization Co. (Tasnee; Riyadh) informed the Saudi Stock Exchange on Sunday that its board of directors has accepted the resignation of Salih bin Fahd Al Nazha...
http://www.chemweek.com/home/top_of_the_news/Tasnee-appoints-former-Sabic-CFO-as-its-new-CEO_66167.html
December 15, 2014
US ethylene prices continue to fall despite production issues over the weekend at Chevron Phillips Chemical’s Sweeny complex in Old Ocean, TX; and Dow Chemical’s Freeport, TX, facility. According to IHS Chemical, ethylene was trading Monday morning at 39.5 cts/lb del US Gulf Coast, down from Friday’s notional value of 41–42 cts/lb...
http://www.chemweek.com/home/top_of_the_news/US-ethylene-declines-despite-production-issues-at-CPChem-and-Dow_66185.html
December 15, 2014
BASF and Jiahua Energy Chemical Co., a wholly owned subsidiary of Huafang Textile Co., have signed an agreement to set up a new sulfuric acid plant at the seaport town of Zhapu...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Jiahua-link-in-electronics-grade-sulfuric-acid-project-in-China_66176.html
December 15, 2014
Johnson Matthey says it has agreed to divest its gold and silver refining business to Asahi Holdings, a collector, refiner, and recycler of precious and rare metals from waste...
http://www.chemweek.com/home/top_of_the_news/Johnson-Matthey-sells-gold-and-silver-refining-business-to-Asahi-Holdings_66175.html
December 15, 2014
LSB Industries (Oklahoma City) says its Cherokee, AL, facility will be off-line until late December for unplanned maintenance. The company expects to supply most of its customers’ demand for urea ammonium nitrate, ammonium nitrate solution, and ammonia from inventory....
http://www.chemweek.com/home/top_of_the_news/LSB-Industries-takes-Cherokee-AL-facility-off-line-for-unplanned-maintenance_66178.html
December 15, 2014
Technip (Paris), a leading global engineering and construction firm, announced today that it has agree with Air Liquide to purchase all of the Zimmer polymer technology business. The...
http://www.chemweek.com/home/top_of_the_news/Technip-to-acquire-Zimmer-polymer-technologies-from-Air-Liquide_66172.html
December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/home/top_of_the_news/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
December 12, 2014
Olin plans to close permanently the portion of the company's Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/home/top_of_the_news/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66151.html
December 12, 2014
Brazil's antitrust authority, Cade, has unanimously approved, albeit with restrictions, Israel Chemicals Ltd. (ICL) acquiring Vale’s stake in Fosbrasil, a joint venture producing...
http://www.chemweek.com/home/top_of_the_news/Brazils-antitrust-authority-approves-ICLs-acquisition-of-Vales-share-in-Fosbrasil_66153.html
December 12, 2014
Wacker announced today that it will reorganize its silicone distribution operations in the Nordic countries. As of 1 March 2015, Lindberg & Lund, the Norwegian chemicals...
http://www.chemweek.com/home/top_of_the_news/Wacker-to-reorganize-silicone-distribution-in-Nordic-countries_66146.html
December 12, 2014
Engineering and construction (E&C) firm KBR said on Thursday that it will streamline its operations following a major, strategic review announced in June. The restructuring...
http://www.chemweek.com/home/top_of_the_news/KBR-to-streamline-operations-following-an-in-depth-review_66145.html
December 12, 2014
Abbott has announced the completion of the purchase of Veropharm, a leading Russian pharmaceuticals manufacturer. Abbott announced in June that it acquired control of Veropharm for...
http://www.chemweek.com/home/top_of_the_news/Abbott-completes-acquisition-of-Russian-pharma-firm_66144.html
December 12, 2014
Sabic executive v.p./corporate finance and CFO Mutlaq Al-Morished has announced that he is resigning from Sabic, according to an interview with Saudi news service Mubasher. Al-Morished...
http://www.chemweek.com/home/top_of_the_news/Sabic-CFO-resigns_66134.html
December 11, 2014
Mitsui Chemicals and Sinopec today announced that their 50-50 jv, Shanghai Sinopec Mitsui Elastomers, has started up the previously announced new ethylene propylene diene terpolymer...
http://www.chemweek.com/home/top_of_the_news/Mitsui-Chemicals-Sinopec-joint-ventures-start-up-plants-producing-EPT-phenol-and-acetone_66135.html
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