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September 8, 2014
The board of directors of Israel Chemicals (ICL; Tel Aviv) has instructed the management of the Bromine Compounds Co. to develop and implement a plan to improve the profitability of...
http://www.chemweek.com/home/top_of_the_news/Israel-Chemicals-reviewing-bromine-operations-to-close-magnesium-plant_63453.html
September 8, 2014
Evonik Industries today said that it has signed a contract with Rhine-Ruhr, a group of several municipal utility companies in Germany’s Ruhr region, to divest its remaining 49%...
http://www.chemweek.com/home/top_of_the_news/Evonik-sells-remaining-stake-in-energy-group-Steag_63529.html
September 8, 2014
AkzoNobel has announced plans to simplify the structure of its performance coatings business. The new structure, which will become fully operational in January 2015, will reduce the...
http://www.chemweek.com/home/top_of_the_news/AkzoNobel-simplifies-structure-of-performance-coatings-business_63527.html
September 8, 2014
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest petrochemicals producer, has confirmed CW’s exclusive report that it is raising the stake in Vencorex, its...
http://www.chemweek.com/home/top_of_the_news/PTT-Global-Chemical-raises-stake-in-Vencorex-PU-JV-with-Perstorp_63526.html
September 8, 2014
KBR today confirmed that it has been awarded a contract for a new grassroots urea facility being built by Koch Nitrogen Co. at Enid, OK. The reimbursable contract covers engineering...
http://www.chemweek.com/home/top_of_the_news/KBR-confirms-urea-contract-award-by-Koch-Nitrogen_63580.html
September 8, 2014
Buse Gastek (Bad Hönningen, Germany) is merging its carbon dioxide (CO2) division engaged in production and recovery, plant construction, and dry ice technology with the...
http://www.chemweek.com/home/top_of_the_news/Asco-Carbon-Dioxide-and-Buse-Gastek-form-CO2-process-and-dry-ice-technology-joint-venture_63593.html
September 8, 2014
Specialty chemicals firm Alent (Woking, UK) says that Steve Corbett is today standing down as CEO. Rick Ertmann, Alent’s president/assembly materials, will be the interim CEO...
http://www.chemweek.com/home/top_of_the_news/CEO-of-specialty-chemicals-firm-Alent-resigns_63635.html
September 8, 2014
Deepak Fertilisers & Petrochemicals (Pune, India) on Friday informed the Bombay Stock Exchange that its wholly owned subsidiary, Smartchem Technologies, India's leading...
http://www.chemweek.com/home/top_of_the_news/Deepak-Fertilisers-and-Petrochemicals-forms-mining-explosives-joint-venture-in-Australia_63653.html
September 8, 2014
BASF has started up its second production line for hexamethylene diisocyanate (HDI)–based polyisocyanates at its Caojing site near Shanghai, the company said on Friday. BASF has...
http://www.chemweek.com/home/top_of_the_news/BASF-starts-up-new-polyisocyanates-production-facility-in-China_63654.html
September 8, 2014
Energy company PTT (Bangkok) today announced that it has completed the previously announced detailed feasibility study for a fully integrated refinery and petrochemical complex in...
http://www.chemweek.com/home/top_of_the_news/PTT-completes-feasibility-study-for-$22-billion-refinery-and-petrochemical-complex-in-Vietnam_63659.html
September 8, 2014
Dow Chemical has announced new executive leaders, including a new CFO, as well as realigned responsibilities for its senior leadership team. James Fitterling has been named vice...
http://www.chemweek.com/home/top_of_the_news/Dow-names-next-CFO-makes-senior-leadership-appoinments_63658.html
September 8, 2014
EU regulations and increased M&A activity will likely close older plants and continue consolidation in Europe's chlorvinyls industry, according to a new analysis from IHS Chemical...
http://www.chemweek.com/home/top_of_the_news/IHS-Regulation-and-M-and-A-activity-reshaping-Europes-chlorvinyls-industry_63657.html
September 8, 2014
Perstorp (Perstorp, Sweden) says that Magnus Heimburg has been appointed as new CFO of the company, effective 1 December. Heimburg succeeds Johan Malmqvist, who, after five years as...
http://www.chemweek.com/home/top_of_the_news/Perstorp-appoints-new-CFO_63655.html
September 6, 2014
Sibur (Moscow), Russia’s largest petrochemicals player, today announced changes in its shareholder structure. Yauza 12 (Moscow), owned by Kirill Shamalov, deputy chairman of the...
http://www.chemweek.com/home/top_of_the_news/Sibur-changes-shareholder-structure-as-deputy-chairman-raises-stake_63639.html
September 5, 2014
CHS (St. Paul), a farmer-owned cooperative, announced today that it will construct a nitrogen fertilizer manufacturing plant at Spiritwood, ND. The board approved plans for the...
http://www.chemweek.com/home/top_of_the_news/Farmer-co-op-CHS-to-build-$3-billion-nitrogen-fertilizer-plant-in-North-Dakota_63640.html
September 5, 2014
Electric vehicle maker Tesla Motors has chosen Nevada as the site of its planned $5-billion battery manufacturing facility. The 'Gigafactory' is expected to be produce 50 GWh in annual...
http://www.chemweek.com/home/top_of_the_news/Tesla-chooses-Nevada-for-$5-billion-gigafactory_63625.html
September 4, 2014
At a meeting held on 3 September, the board of directors of Advanced Petrochemical Co. (Al Jubail) approved the company’s equity investment in a previously announced propane...
http://www.chemweek.com/home/top_of_the_news/Advanced-Petrochemical-approves-PDH-investment-in-South-Korea_63636.html
September 4, 2014
Boardwalk Pipeline Partners (Houston) has agreed to acquire Chevron Petrochemical Pipeline, which owns the Evangeline ethylene pipeline system, for $295 million in cash. The acquisition is expected to close in the fourth quarter, Boardwalk says....
http://www.chemweek.com/home/top_of_the_news/Boardwalk-to-acquire-Evangeline-ethylene-pipeline-for-$295-million_63623.html
September 4, 2014
Specialty chemicals distributor IMCD Group (Rotterdam) and Birla Carbon (Mumbai) have extended their exclusive distribution agreement for the sale of Birla Carbon’s specialty...
http://www.chemweek.com/home/top_of_the_news/IMCD-and-Birla-Carbon-extend-distribution-deal-in-Europe_63619.html
September 4, 2014
Solvay has a reached a deal to acquire the polyphenylene sulfide (PPS) business of Chevron Phillips Chemical (CPChem) for $220 million. Solvay will acquire two Ryton PPS resin...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-acquire-CPChems-PPS-assets-for-$220-million_63618.html
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