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January 21, 2015
The European Food Safety Authority (EFSA; Parma, Italy) has completed its comprehensive re-evaluation of bisphenol A (BPA) exposure and toxicity. EFSA concludes that “BPA poses...
http://www.chemweek.com/home/top_of_the_news/EFSA-Bisphenol-A-exposure-does-not-pose-a-health-risk-for-consumers_67042.html
January 21, 2015
Göteborg Energi, one of Sweden’s leading energy companies, has announced that its Gothenburg Biomass Gasification Project (GoBiGas), the world’s first large-scale...
http://www.chemweek.com/home/top_of_the_news/First-large-biogas-demonstration-plant-goes-onstream-in-Sweden_67041.html
January 21, 2015
Lonza recorded net profits of 237.0 million Swiss francs ($274.9 million) for 2014 compared with profits of SF87.0 million in 2013. Sales for 2014 increased by 1.6%, to SF3.64 billion...
http://www.chemweek.com/home/top_of_the_news/Lonza-reports-huge-rise-in-profits_67040.html
January 21, 2015
Renewable chemicals firm Green Biologics (GBL) (Gahanna, OH) announced today that it has closed an internal follow-on equity round of $42 million and raised an additional $34 million...
http://www.chemweek.com/home/top_of_the_news/Green-Biologics-raises-$76-million_67047.html
January 21, 2015
Ube Industries said today that it will establish a new R&D facility within the Sakai factory at Sakai City, Osaka Prefecture, Japan, in July 2016. The center will expand the...
http://www.chemweek.com/home/top_of_the_news/Ube-Industries-to-set-up-new-R-and-D-facility-in-Japan_67039.html
January 21, 2015
BASF today said that it will raise its global capacity for 1,4-butanediol (BDO) to 670,000 m.t./year from the current 650,000 m.t./year. The expansion includes a 10% capacity hike at...
http://www.chemweek.com/home/top_of_the_news/BASF-to-raise-butanediol-capacity-at-Geismar_67036.html
January 21, 2015
Sahara Petrochemical Co. said today that its polypropylene production affiliate Al Waha Petrochemical Co. has signed an Islamic facility agreement with Saudi British Bank and Banque...
http://www.chemweek.com/home/top_of_the_news/Al-Waha-signs-big-loan-agreement_67034.html
January 21, 2015
Dow Corning says that it has recently appointed Jeroen Bloemhard as its new president/Greater China. Bloemhard, who brings over 20 years’ professional experience in the silicones...
http://www.chemweek.com/home/top_of_the_news/Dow-Corning-appoints-new-head-of-China-business_67033.html
January 21, 2015
Stepan says that it has sold its specialty polyurethane systems business to J6 Polymers. The 2014 net sales associated with this business were $2.8 million. The sale was for cash and...
http://www.chemweek.com/home/top_of_the_news/Stepan-sells-its-specialty-polyurethane-systems-business_67031.html
January 21, 2015
BASF subsidiary BASF India (Mumbai) reports a net loss of 395.9 million Indian rupees ($6.4 million) in its fiscal third quarter, ended 31 December 2014, compared with a net profit of...
http://www.chemweek.com/home/top_of_the_news/BASF-India-reports-a-loss_67030.html
January 21, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, on Tuesday reported a fourth-quarter...
http://www.chemweek.com/home/top_of_the_news/Petro-Rabigh-reports-quarterly-loss-citing-decline-in-crude-prices-Maaden-swings-to-profit_67043.html
January 20, 2015
Bayer CropScience says it has has received registration for its new insecticide Sivanto from EPA. Sivanto, which was developed to control devastating sucking pests on fruits and...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropSciences-new-Sivanto-insecticide-receives-US-registration_67003.html
January 20, 2015
Novozymes (Bagsvaerd, Denmark) today announced a new corporate strategy, Partnering for Impact, accompanied by a revised set of long-term financial, environmental, and social targets...
http://www.chemweek.com/home/top_of_the_news/Novozymes-updates-financial-targets-for-2015-20-announces-new-strategy_66999.html
January 20, 2015
Latest figures from the British Coatings Federation (BCF; Leatherhead, UK) show that for the second consecutive year, paint sales have outperformed GDP, increasing 5.0% in volume...
http://www.chemweek.com/home/top_of_the_news/UK-paint-sales-outperform-the-economy-for-second-year_66998.html
January 20, 2015
Poligal (Barcelona) has started constructing biaxially oriented polypropylene (BOPP) plant at Skarbimierz, Poland. The new plant will require an investment of €32.0 million ($37.1...
http://www.chemweek.com/home/top_of_the_news/Spanish-firm-starts-construction-of-BOPP-plant-in-Poland_66997.html
January 20, 2015
Albemarle today announced a corporate realignment in the wake of its $6.2-billion acquisition of Rockwood Holdings, which closed last week. The company will establish three global...
http://www.chemweek.com/home/top_of_the_news/Albemarle-to-realign-corporate-structure-after-Rockwood-deal_67012.html
January 20, 2015
National Industrialization Co. (Tasnee; Riyadh) today reported a 47% drop in fourth-quarter net profit, to 160.7 million Saudi riyals ($42.8 million), compared with the year-earlier...
http://www.chemweek.com/home/top_of_the_news/Tasnee-reports-big-drop-in-profits-cites-lower-TiO2-prices_66993.html
January 20, 2015
Mosaic said on Monday that it expects reported phosphates volume and phosphates and potash margins will exceed previously provided guidance ranges and that potash volumes will be at...
http://www.chemweek.com/home/top_of_the_news/Mosaic-raises-2014-guidance-on-strong-volumes-and-margins_66989.html
January 19, 2015
Sabic today reported lower earnings and revenues but pledged to continue with its growth strategies. Net profit in the fourth quarter of 2014 was down 29%, to 4.36 billion Saudi riyals...
http://www.chemweek.com/home/top_of_the_news/Sabics-profit-down-close-to-30-percent-as-oil-prices-continue-to-slide_66954.html
January 19, 2015
Several Saudi petrochemical firms have reported their quarterly and annual earnings. Sipchem’s net profit in the fourth quarter was down 33%, to 132.4 million Saudi riyals ($35.3...
http://www.chemweek.com/home/top_of_the_news/Sipchem-Sahara-report-lower-profits-Saudi-Kayan-narrows-loss_66962.html
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