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January 24, 2013
Huntsman Corp. plans to reorganize its advanced materials division worldwide, as part of an ongoing plan designed to improve the company's manufacturing efficiencies, enhance...
http://www.chemweek.com/home/top_of_the_news/Huntsman-to-reorganize-advanced-materials-division_49217.html
January 24, 2013
Lonza recorded an 18.2% rise in net profits for 2012 compared with 2011, to 182 million Swiss francs ($196 million). Sales for 2012 increased 45.8%, to SF3.92 billion. In early 2012...
http://www.chemweek.com/home/top_of_the_news/Lonza-reports-rises-in-profits-and-sales_49244.html
January 24, 2013
Methanex and Chesapeake Energy (Oklahoma City) say they have executed a 10-year agreement to supply all of the natural gas required for Methanex's previously announced 1-million...
http://www.chemweek.com/home/top_of_the_news/Methanex-and-Chesapeake-Energy-sign-long-term-gas-supply-agreement-for-Louisiana-project_49243.html
January 24, 2013
Senator Frank Lautenberg (D., NJ) has introduced two bills that would require operators of the highest-risk chemical and water treatment facilities to create security plans that...
http://www.chemweek.com/home/top_of_the_news/Senator-Lautenberg-introduces-plant-security-bills-requiring-IST_49222.html
January 24, 2013
Technip says that it has been awarded a contract by JBF Petrochemicals (Mangalore, India), a wholly owned subsidiary of JBF Industries (Mumbai), for the previously announced...
http://www.chemweek.com/home/top_of_the_news/Technip-awarded-contract-for-PTA-plant-in-India_49242.html
January 24, 2013
The European Commission has announced a package of measures, dubbed Clean Power for Transport Package, to ensure the build-up of alternative fuel stations across the European Union...
http://www.chemweek.com/home/top_of_the_news/Commission-proposes-measures-to-establish-network-of-clean-fuel-stations-across-Europe_49253.html
January 23, 2013
Monsanto says it has reached a compromise with Brazilian farmers in a legal dispute that has disrupted royalty collections for the company's first-generation Roundup Ready (RR1)...
http://www.chemweek.com/home/top_of_the_news/Monsanto-reaches-compromise-with-Brazilian-soybean-farmers-in-RR1-royalties-dispute_49237.html
January 23, 2013
The US Court of Appeals for the District of Columbia has rejected an appeal by Honeywell International and DuPont, which sought to overturn a prior ruling regarding certain...
http://www.chemweek.com/home/top_of_the_news/US-court-rejects-appeal-by-DuPont-Honeywell-in-HCFC-lawsuit_49221.html
January 23, 2013
Zoetis, the Pfizer animal health medicines and vaccines unit, on Thursday announced terms for its previously reported initial public offering of shares (IPO). The company plans to...
http://www.chemweek.com/home/top_of_the_news/Pfizers-animal-health-unit-Zoetis-sets-terms-for-$2-billion-IPO_49097.html
January 23, 2013
Air Products has reported net income of $277 million for its fiscal first quarter, ended 31 December 2012, up 3% from the year-ago quarter. Revenues were $2.6 billion, up 10% from the...
http://www.chemweek.com/home/top_of_the_news/Air-Products-reports-earnings-up-3-percent_49220.html
January 23, 2013
Praxair says it expects full year 2013 earnings to be in the range of $5.85–6.10/share, up 5–10% but below the current mean analyst estimate of $6.16/share....
http://www.chemweek.com/home/top_of_the_news/Praxair-posts-flat-fourth-quarter_49218.html
January 23, 2013
Polyethylene (PE) supply is expected to remain restricted in Asia despite a renewed influx of imports from Iran, owing to planned maintenance shutdowns at PE plants elsewhere in the...
http://www.chemweek.com/home/top_of_the_news/Mideast-plant-turnarounds-buoy-Asian-PE-prices-despite-renewed-influx-of-Iranian-material_49216.html
January 23, 2013
Evonik Industries has signed a memorandum of understanding (MOU) with the regional government of Rostov, Russia, to form DonBioTech, a joint venture with Varshavsky Group (Moscow), to...
http://www.chemweek.com/home/top_of_the_news/Evonik-signs-agreement-for-amino-acid-jv-in-Russia_49146.html
January 23, 2013
Brazil’s chemical industry association Abiquim (São Paulo) has announced that the country's chemical trade deficit in 2012 reached $28.1 billion, the highest registered to...
http://www.chemweek.com/home/top_of_the_news/Brazils-Abiquim-confirms-record-$28-1-billion-chemical-trade-deficit_49214.html
January 23, 2013
Ineos Europe says it has entered into 15-year shipping agreements with Evergas (Copenhagen) for the transportation of competitively priced ethane into Europe from the US...
http://www.chemweek.com/home/top_of_the_news/Ineos-and-Evergas-conclude-shipping-agreements-to-import-US-ethane-into-Europe_49213.html
January 23, 2013
Petronas and Evonik Industries have announced the signing of a letter of intent to jointly develop a project to produce specialty chemicals within Petronas’s $20-billion...
http://www.chemweek.com/home/top_of_the_news/Petronas-and-Evonik-Industries-form-jv-to-produce-specialty-chemicals-in-Malaysia_49212.html
January 23, 2013
BASF and agrochemical firm Nufarm (Melbourne) say that BASF will terminate its distribution arrangements with Nufarm in Australia, effective 1 March 2014. Nufarm Australia and Crop...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Nufarm-end-10-year-distribution-arrangement_49210.html
January 22, 2013
Brazil’s economic development bank BNDES (Rio de Janeiro) is investing 600 million reais ($293 million) in biotechnology company GraalBio Investimentos. The funds will be...
http://www.chemweek.com/home/top_of_the_news/Brazils-BNDES-invests-$293-million-in-cellulosic-ethanol-producer_49197.html
January 22, 2013
BASF and Sinopec have completed a joint feasibility study and taken the next steps to establish a world-scale isonanol (INA) plant at Maoming, China, BASF announced today. Both...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Sinopec-complete-study-for-INA-project-in-China-form-new-50-50-jv_49185.html
January 22, 2013
DuPont reported net income attributable to the company of $111 million, down 70% from the year-ago quarter. Earnings fell on lower prices and volumes in its performance chemicals...
http://www.chemweek.com/home/top_of_the_news/DuPonts-fourth-quarter-earnings-fall-on-weak-TiO2_49190.html
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