IHS Chemical Week

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August 27, 2015
The chemical businesses of Sinopec and PetroChina each reports improved financial results for the first half of 2015. Sinopec’s chemicals business swung to a profit, and...
August 27, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) says that its second-quarter income totaled $83.2 million up 17% year-on-year (YOY). Ebitda for the quarter was $215 million...
August 27, 2015
Ajinomoto (Tokyo) said on Thursday that it decided to sell Ajinomoto Sweeteners Europe (ASE; Gravelines, France), a wholly owned subsidiary producing the low-calorie sweetener...
August 27, 2015
BASF, SK Chemicals (Seoul) and Solvay are in discussions, which may lead to the construciton of a hydrogen peroxide-to-propylene oxide (HPPO) project at Ulsan, according to...
August 27, 2015
In an effort to placate its shareholders following Monsanto’s decision to walk away from the proposed bid, Syngenta has confirmed that its board did "engage" with...
August 27, 2015
The Chinese government says that China's top procuratorate has accused 11 officials and port executives of neglecting the management of storage and transportation of hazardous...
August 27, 2015
Frutarom (Herzliya, Israel) on Thursday reported a record-setting second-quarter with sales reaching $218.5 million and net income advancing to $26.1 million. In constant currency...
August 27, 2015
Lanxess on Thursday inaugurated its neodymium butyl rubber (Nd-BR) plant on Jurong Island, Singapore, adjacent to Lanxess’s existing butyl rubber facility. The 140,000 m.t./year...
August 27, 2015
BASF today announced that it has begun production of methylene di-para -phenylene isocyanate (MDI) at Chongqing, China. Production will be ramped up gradually in line with market...
August 27, 2015
Myriant (Quincy, MA), a renewable chemicals company, which is an affiliate of PTT Global Chemical (PTTGC; Bangkok), says that Cenan Ozmeral will retire as Myriant's president and CEO...
August 27, 2015
Sika (Baar, Switzerland) says that it will open a mortar factory and a plant to produce concrete admixtures, at Volgograd, in southern Russia. Sika also announced that a new production...
August 27, 2015
Evonik Industries has shelved plans to build a world-scale methyl methacrylate (MMA) plant in the United States, CW has learned. The news comes shortly after Evonik confirmed that it...
August 27, 2015
Ethylene spot prices on the US Gulf Coast have been tumbling since the start of August, probably because buyers are waiting for a clearer view on the market, say analysts at IHS Chemical. The weekly average spot price, assessed at 33.6 cts/lb del USGC for the week ending 30 July, fell to 24 cts/lb for the week ending 20 August, a decline of nearly 30%. The decline continued into the following week, with Monday and Tuesday’s prices averaging 22.8 cts/lb....
August 26, 2015
Asahi Kasei says that, on 26 August, it completed the previously announced acquisition of Polypore International (Charlotte, NC). Asahi Kasei had announced in February that it will...
August 26, 2015
EU chemical output grew by a mere 0.2% in the first six months of this year compared with the year-ago period, Cefic says in its latest Chemicals Trends Report. Sales in the period...
August 26, 2015
Monsanto announced today it will no longer pursue its proposed merger with Syngenta after the latter rebuffed its most recent offer. The deal would have combined the world’s...
August 26, 2015
DuPont says that it has appointed John Chrosniak as president of its sustainable solutions business effective 1 September. Chrosniak succeeds James Weigand, who has been...
August 26, 2015
Uralkali (Berezniki, Russia), one of the world's largest potash producers, says that its board of directors has approved a $1.32-billion buyback of up to 14% of its shares, including...
August 26, 2015
Quaker Chemical (Conshohocken, PA) says that Margaret Loebl has resigned from her position as v.p., CFO, and treasurer of Quaker, effective 18 September. Loebl has accepted the...
August 26, 2015
There was a huge drop in benzene import volumes into China during July, data obtained by IHS Chemical show. Taking into account the monthly volumes so far in 2015, ranging from a low...
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