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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
September 4, 2014
Technip says Air Products has awarded it a contract to provide project management as well as engineering, procurement, and construction management services for a previously announced...
http://www.chemweek.com/home/top_of_the_news/Air-Products-awards-Technip-contract-for-industrial-gas-complex-at-Kochi_63617.html
September 4, 2014
Bayer CropScience (BCS) has today given insight into its targets and projects it is currently working on. In exclusive interviews with CW on the sidelines of today’s inauguration...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-outlines-targets-bets-on-biologics_63615.html
September 4, 2014
Bayer CropScience (BCS), the world’s second largest producer of agricultural chemicals, today held an inauguration ceremony at a new site at West Sacramento, CA, which also...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-to-invest-$1-billion-in-the-US-opens-facility-at-West-Sacramento_63614.html
September 3, 2014
Solvay says it will shut down its adipic acid and KA-oil (Olone) manufacturing plant at Chalampé, France for maintenance for six weeks in September and October. Manufacturing...
http://www.chemweek.com/home/top_of_the_news/Solvay-shuts-down-adipic-acid-plant-at-Chalampe-for-maintenance_63616.html
September 3, 2014
BASF says it will modify its logo to mark the company's 150th anniversary in 2015. The slogan We create chemistry will be introduced into the logo, replacing The Chemical Company, BASF...
http://www.chemweek.com/home/top_of_the_news/BASF-alters-logo-to-mark-150th-anniversary_63591.html
September 3, 2014
EuroChem (Moscow), a top ten global fertilizer company, today announced that it has signed a loan facility with a syndicate of banks to finance its Usolskiy potash project. The...
http://www.chemweek.com/home/top_of_the_news/EuroChem-secures-$750-million-financing-for-potash-project_63611.html
September 3, 2014
Europe's chemicals output dipped in June for the second straight month after growing eight consecutive months, according to the latest Cefic Chemicals Trends Report, published today...
http://www.chemweek.com/home/top_of_the_news/EU-chemical-output-down-in-June-first-half-production-up-slightly_63600.html
September 3, 2014
Project Liberty. POET-DSM Advanced Biofuels (Sioux Falls, SD), a joint venture between Royal DSM and POET, has opened Project Liberty, its world-scale cellulosic ethanol plant at...
http://www.chemweek.com/home/top_of_the_news/POET-DSM-commissions-cellulosic-ethanol-plant_63598.html
September 3, 2014
Pembina (Calgary, AB) has chosen Portland, OR, as the site for a $500-million, 30,000-bbl/day propane export facility. The company has also agreed to acquire the Vantage pipeline system and Mistral Midstream’s share of the Saskatchewan Ethane Extraction Plant (SEEP) for a total of $650 million....
http://www.chemweek.com/home/top_of_the_news/Pembina-buys-Vantage-pipeline-plans-$500-million-propane-export-terminal-at-Portland_63584.html
September 2, 2014
Asahi Glass said on Wednesday that it will invest approximately ¥16 billion ($152.1 million) to build a float glass furnace in Indonesia. The facility will be set up by the...
http://www.chemweek.com/home/top_of_the_news/Asahi-Glass-invests-in-new-glass-facility-in-Indonesia_63588.html
September 2, 2014
Uralchem (Moscow), one of the largest nitrogen fertilizer producers in Russia, today reported a major drop in earnings and revenues for the first six months of this year. Adjusted...
http://www.chemweek.com/home/top_of_the_news/Uralchem-reports-major-drop-in-sales-and-earnings-in-first-six-months_63579.html
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