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September 1, 2014
Borealis says it has completed the previously announced acquisition of DuPont's 67% stake in the companies' Speciality Polymers Antwerp joint venture. The deal makes Borealis 100%...
http://www.chemweek.com/home/top_of_the_news/Borealis-completes-buyout-of-DuPonts-stake-in-Speciality-Polymers-Antwerp_63545.html
August 29, 2014
Agrium says its Loveland Products subsidiary has entered into a soil and plant health nutritional products development and commercialization deal with Actagro. Under the terms of the...
http://www.chemweek.com/home/top_of_the_news/Agrium-signs-plant-nutrition-deal_63531.html
August 29, 2014
Global methanol demand is expected to increase from 60.7 million m.t. in 2013 to more than 109 million m.t. in 2023, with an average annual growth rate of 6%, according to research...
http://www.chemweek.com/home/top_of_the_news/IHS-Global-methanol-demand-to-rise-80-percent-by-2023-China-to-drive-demand_63525.html
August 29, 2014
Uralkali (Berezniki, Russia), a leading global producer of potash, today reported a 7% drop in net profit in the first six months of the year to $370 million on 7% higher revenue of...
http://www.chemweek.com/home/top_of_the_news/Uralkali-reports-lower-profits-on-higher-sales-as-potash-markets-stabilize_63451.html
August 29, 2014
Odebrecht’s (Salvador, Brazil) Appalachian Shale Cracker Enterprise (Ascent) steam cracker project continues to move forward with the acceptance of its voluntary remediation application by the West Virginia Department of Environmental Policy (WVDEP). The agency says its office of environmental remediation and Ascent are currently negotiating an agreement for the identification of health and ecological risks associated with current and potential future uses of the site and the establishment remediation standards....
http://www.chemweek.com/home/top_of_the_news/Odebrechts-Ascent-cracker-project-negotiates-remediation-agreement-with-WVDEP_63505.html
August 28, 2014
Four other specialty chemical makers had also expressed interest in all or part of Rockwood in recent months, according to a regulatory filing....
http://www.chemweek.com/home/top_of_the_news/Albemarle-Rockwood-courtship-played-out-over-2-years_63463.html
August 28, 2014
Silicones and quartz producer Momentive Performance Materials (MPM) says the US Bankruptcy Court for the Southern District of New York is likely to confirm the company’s...
http://www.chemweek.com/home/top_of_the_news/Momentive-Performance-Materials-moves-closer-to-Chapter-11-exit_63462.html
August 28, 2014
ACC and the U.S. Green Building Council (USGBC) today announced a new initiative designed to ensure the use of sustainable and environmentally protective products in buildings by...
http://www.chemweek.com/home/top_of_the_news/ACC-Green-Building-Council-join-forces-to-advance-LEED_63461.html
August 28, 2014
Start up company Appalachian Resins (Houston) is leasing land in Salem Township, OH for a proposed $1-billion ethylene and polyethylene (PE) production facility. Appalachian Resins had...
http://www.chemweek.com/home/top_of_the_news/Appalachian-Resins-leases-land-in-Ohio-for-$1-billion-project_63456.html
August 28, 2014
Sibur (Moscow) announced today that, earlier this month, it signed a long-term contract with an undisclosed Chinese customer for regular supplies of liquefied petroleum gas (LPG) to...
http://www.chemweek.com/home/top_of_the_news/Sibur-starts-shipping-liquefied-petroleum-gas-to-China_63449.html
August 28, 2014
PetroChina’s refining and chemicals business reports an operating loss of 3.43 billion renminbi ($559 million) in the first half of 2014 compared with an operating loss of...
http://www.chemweek.com/home/top_of_the_news/PetroChinas-chemicals-business-narrows-loss_63448.html
August 28, 2014
Dow Chemical has started the process of divesting two of its specialty chemicals subsidiaries, Angus Chemical (Buffalo Grove, IL) and AgroFresh (Philadelphia), which could bring in a...
http://www.chemweek.com/home/top_of_the_news/Report-Dow-puts-Angus-Chemical-and-AgroFresh-on-the-block_63447.html
August 28, 2014
Reliance Industries is expected to save in the region of $450 million/year by importing 1.5 million m.t./year of ethane from the United States to feed its ethylene plants in India...
http://www.chemweek.com/home/top_of_the_news/Reliance-to-save-$450-millionyear-by-importing-ethane-from-the-US_63446.html
August 28, 2014
Linde says it has completed installation of three coldboxes—the centerpiece of the air separation unit (ASU) currently under construction at La Porte, TX. The ASU is part of an...
http://www.chemweek.com/home/top_of_the_news/Linde-completes-major-construction-on-La-Porte-ASU_63443.html
August 27, 2014
EPA and the Department of Justice (DOJ) announced today that DuPont has been fined $1.275 million for allegedly failing to prevent the release of harmful levels of hazardous materials...
http://www.chemweek.com/home/top_of_the_news/DuPont-fined-for-violations-at-West-Virginia-plant_63444.html
August 27, 2014
LyondellBasell Industries plans to build a world-scale propylene oxide (PO)–tert-butyl alcohol (TBA) plant on the Texas Gulf Coast, with start-up planned for 2019. PO from the plant will support growing demand for polyurethanes, while TBA and derivatives will supply producers of high-octane gasoline, synthetic rubber, and lubricant additives....
http://www.chemweek.com/home/top_of_the_news/LyondellBasell-plans-world-scale-PO-TBA-plant-for-US-Gulf-Coast_63368.html
August 27, 2014
Reliance Industries (Mumbai) said today that its Hazira, India, ethylene plant will be shut down for a planned turnaround. The plant, currently Reliance’s largest ethylene...
http://www.chemweek.com/home/top_of_the_news/Reliance-Industries-plans-turnaround-at-its-largest-cracker_63413.html
August 27, 2014
Sociedad Química y Minera de Chile (SQM; Santiago) reports a net profit of $71.1 million for the second quarter, down almost 35% year-on-year (YOY). Pretax profit also fell, to...
http://www.chemweek.com/home/top_of_the_news/SQMs-second-quarter-net-profit-drops-almost-35-percent_63410.html
August 27, 2014
Loveland Products, a subsidiary of Agrium, has acquired a controlling interest in Agricen (Frisco,TX), an agricultural biotechnology firm, the company said on Tuesday. Agricen produces...
http://www.chemweek.com/home/top_of_the_news/Agrium-acquires-agricultural-biotech-firm-Agricen_63409.html
August 27, 2014
Methanex says that it anticipates gas curtailments in Trinidad in the second half of 2014 to be higher than those experienced in the first half. The National Gas Company (NGC; Couva...
http://www.chemweek.com/home/top_of_the_news/Lower-gas-supply-to-reduce-production-at-Methanex-plants-in-Trinidad_63407.html
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