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May 1, 2014
Fluor has received the project management consultancy order for a grassroots refinery and petrochemical complex in Malaysia. Petronas (Kuala Lumpur) and several partners is building...
http://www.chemweek.com/home/top_of_the_news/Fluor-secures-management-consultancy-contract-for-Rapid-project-in-Malaysia_60720.html
May 1, 2014
CHS (St. Paul, MN), North America's leading farmer-owned cooperative and a global energy, grains, and foods company, said on Wednesday that it has signed an agreement with Sinav...
http://www.chemweek.com/home/top_of_the_news/CHS-to-acquire-Illinois-River-Energy-ethanol-plant_60719.html
May 1, 2014
Sasol Chemicals (USA) and Boardwalk Louisiana Midstream (BLM), a unit of Boardwalk Pipeline Partners, have signed long-term ethane and ethylene storage and transportation agreements...
http://www.chemweek.com/home/top_of_the_news/Sasol-signs-storage-transportation-agreements-with-Boardwalk-Louisiana-Midstream_60718.html
May 1, 2014
Clariant says that it completed the previously announced sale of its leather services business to Stahl (Waalwijk, Netherlands) on 30 April. Stahl, which is majority-owned by...
http://www.chemweek.com/home/top_of_the_news/Stahl-completes-acquisition-of-Clariants-leather-services-business-Updated_60717.html
May 1, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says that its performance products business has acquired Auxquimia (Mieres, Spain), a company that produces firefighting foams and fire...
http://www.chemweek.com/home/top_of_the_news/ICL-acquires-Spanish-producer-of-fire-fighting-chemicals_60715.html
May 1, 2014
Methanex reports net income for the first quarter of $145 million, up 142% year-on-year (YOY), on sales of $968 million, up 48%. Although adjusted earnings increased 79% YOY, to $1.65/share, they fell well below the consensus estimate of $1.92/share. Analysts attributed the shortfall to unplanned outages and gas curtailments....
http://www.chemweek.com/home/top_of_the_news/Methanex-income-more-than-doubles-but-earnings-well-short-of-estimates-on-outages-feeds_60695.html
May 1, 2014
Vale (Rio de Janeiro) says that first-quarter net revenue from the company's fertilizer business amounted to $533 million, down 26% from $721 million one year earlier. The company did...
http://www.chemweek.com/home/top_of_the_news/Vales-fertilizer-sales-down-26-percent_60722.html
April 30, 2014
Dow Chemical said on Wednesday that its ethylene production facilities at Plaquemine, LA experienced two separate process incidents during the week of 20 April. The incidents resulted...
http://www.chemweek.com/home/top_of_the_news/Dows-Plaquemine-complex-suffers-disruption-ethylene-supply-curtailed-for-3-4-weeks_60714.html
April 30, 2014
Ashland today reported a net loss from continuing operations of $61 million, or 78 cts/share, compared with a net gain of $48 million in the year-ago quarter, on sales that were flat...
http://www.chemweek.com/home/top_of_the_news/Ashland-swings-to-loss-on-restructuring-charges-adjusted-earnings-flat-YOY_60712.html
April 30, 2014
Bayer has declined to comment on a Reuters report that the company plans to swap its animal health business for Merck & Co’s consumer health operations. Reuters’ ...
http://www.chemweek.com/home/top_of_the_news/Bayer-to-swap-animal-health-for-Mercks-consumer-care-business-Update_60690.html
April 30, 2014
Merck KGaA (Darmstadt, Germany) announced today that it has received the final clearance from the Ministry of Commerce (Mofcom; Beijing) to acquire AZ Electronic Materials (AZ...
http://www.chemweek.com/home/top_of_the_news/China-clears-Merck-KGaAs-acquisition-of-AZ-Electronic-Materials_60705.html
April 30, 2014
Kraton Performance Polymers (Houston) reports a first-quarter 2014 net loss of $7.9 million versus a loss of $3.7 million in the year-ago period. Sales totaled $312 million, down 8% year-on-year. Adjusted earnings of 46 cts/share came in 40% above the analysts’ consensus estimate of 33 cts/share....
http://www.chemweek.com/home/top_of_the_news/Kraton-adjusted-earnings-beat-estimates-by-40-percent_60696.html
April 30, 2014
Mexichem (Tlalnepantla, Mexico) reports net income of $49 million in the first quarter, up 16% year-on-year (YOY) primarily because of last year’s $7.8-million loss...
http://www.chemweek.com/home/top_of_the_news/Mexichems-net-income-up-16-percent-confirms-outlook_60691.html
April 30, 2014
The chemical subsidiary of Siam Cement Group (SCG; Bangkok) reports a 6% fall in net profits for the first quarter of 2014 compared with the year-ago period, to 2.48 billion baht ($77...
http://www.chemweek.com/home/top_of_the_news/Siam-Cements-chemicals-business-reports-fall-in-first-quarter-profits_60689.html
April 30, 2014
Arkema today inaugurated a new electrolysis plant at its Jarrie site, near Grenoble, France. The €100-million ($138 million) investment involved converting a mercury-cell plant to...
http://www.chemweek.com/home/top_of_the_news/Arkema-inaugurates-membrane-process-chlorine-plant_60686.html
April 30, 2014
Shell today reported a 3% rise in first quarter chemical volume sales, to 4.29 million m.t., compared with the year-earlier period. Sales volumes declined 3% compared with the fourth...
http://www.chemweek.com/home/top_of_the_news/Shell-reports-higher-first-quarter-chemical-sales-Qatar-project-awaits-final-investment-decision_60685.html
April 30, 2014
Yara International (Oslo) today reported record fertilizer deliveries in the first quarter but that lower commodity nitrogen prices have limited its profitability. "While global...
http://www.chemweek.com/home/top_of_the_news/Yara-first-quarter-profits-decline-on-lower-fertilizer-prices_60684.html
April 30, 2014
Clariant today reported a first-quarter net loss slightly increased sales and Ebitda margin and said it expects an increased Ebitda margin for the full year. Sales in Swiss francs were...
http://www.chemweek.com/home/top_of_the_news/Clariant-reports-first-quarter-net-loss-on-higher-sales-confirms-outlook_60683.html
April 30, 2014
The Chinese government says that the Ministry of Commerce (Mofcom; Beijing) will impose temporary antidumping measures on imports of tert-butylhydroquinone (TBHQ) from India, starting...
http://www.chemweek.com/home/top_of_the_news/China-imposes-provisional-antidumping-measures-on-TBHQ-from-India_60682.html
April 30, 2014
Tokuyama (Tokyo) reports a net profit of ¥10.2 billion ($99.8 million) for the fiscal year ended 31 March compared with a net loss of ¥37.9 billion in the previous fiscal year...
http://www.chemweek.com/home/top_of_the_news/Tokuyama-swings-to-profit_60680.html
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