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April 28, 2014
President Barack Obama, standing right, and Malaysian prime minister Najib Razak, standing left, applaud as Bill Radany, president & CEO of Verdezyne, right; and Tan Sri Dato' Seri...
http://www.chemweek.com/home/top_of_the_news/Malaysian-palm-oil-giant-Sime-Darby-invests-in-Verdezyne_60635.html
April 28, 2014
In the latest wave of M&A frenzy in the pharma industry, Meda (Solna, Sweden) today rejected a revised bid offer by Mylan, the largest generic-drug company in the United States...
http://www.chemweek.com/home/top_of_the_news/Swedish-drugmaker-Meda-rejects-Mylans-bid-offer_60634.html
April 28, 2014
Ecolab today reported net income up 20% year-on-year (YOY), to $191 million, on sales up 16%, to $3.34 billion. Adjusted earnings, excluding restructuring and other charges, rose 23%...
http://www.chemweek.com/home/top_of_the_news/Ecolab-earnings-match-estimates-on-strong-sales_60633.html
April 28, 2014
Fluor announced today that it has been awarded an engineering, procurement, and construction management (EPCM) contract by BASF Petronas Chemicals for a previously announced integrated...
http://www.chemweek.com/home/top_of_the_news/Fluor-awarded-EPCM-contract-for-BASF-Petronas-aroma-project-in-Malaysia_60628.html
April 28, 2014
Penrice Soda, the troubled Australian sodium bicarbonate and lime producer, will continue to operate in voluntary administration while efforts continue to seek buyers for the company...
http://www.chemweek.com/home/top_of_the_news/Administrators-seek-buyers-for-Penrice-Soda-assets_60627.html
April 28, 2014
Pfizer said today that it approached AstraZeneca on Saturday seeking to renew discussions, which could lead to the merger of the two companies. The news follows an initial approach by...
http://www.chemweek.com/home/top_of_the_news/Pfizer-confirms-interest-in-AstraZeneca-will-hold-investor-call-today_60625.html
April 28, 2014
Ube Industries has revised its net profits and sales forecasts for the full fiscal year, ended 31 March. Ube expects to record net profits of ¥12.6 billion ($123.2 million) for the...
http://www.chemweek.com/home/top_of_the_news/Ube-upgrades-net-profits-sales-projections_60624.html
April 28, 2014
Industries Qatar (IQ; Doha), which combines several petrochemical, fertilizer, and steel operations, reports a 1.6-billion Qatari riyal ($439.6 million) first-quarter net profit, QR1...
http://www.chemweek.com/home/top_of_the_news/Industries-Qatar-reports-lower-profit-Al-Sejeel-project-on-track-for-end-2018-completion_60623.html
April 28, 2014
Linde and refining company Neste Oil (Espoo, Finland) have agreed on a long-term, on-site hydrogen supply contract, and, according to the agreement, Linde will build a new hydrogen...
http://www.chemweek.com/home/top_of_the_news/Linde-to-build-hydrogen-production-unit-for-Neste-Oil-in-Finland_60622.html
April 28, 2014
Bayer today reported its first-quarter results, with net income rising close to 23%, to €1.42 billion ($1.97 billion), on sales 3% higher, at €10.6 billion. Ebitda before...
http://www.chemweek.com/home/top_of_the_news/Bayer-reports-higher-sales-and-earnings-declines-to-comment-on-talks-to-sell-BMS_60620.html
April 26, 2014
Solvay said today that it has an option to reserve adiponitrile (ADN) capacity from a plant planned by Invista in China. The announcement follows an agreement that...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-offtake-adiponitrile-from-Invistas-plant-in-China_60603.html
April 25, 2014
Petronas Chemicals expects a six-month delay and an increase in costs for the construction of the Sabah Ammonia and Urea (Samur) project, according to chairman Wan Zulkiflee Wan...
http://www.chemweek.com/home/top_of_the_news/Petronas-Chemicals-fertilizer-project-to-be-delayed-six-months_60607.html
April 25, 2014
Establishing a shale gas industry in the United Kingdom would provide a huge boost to the UK economy, according to an official report, published today. Shale gas could create an...
http://www.chemweek.com/home/top_of_the_news/Government-report-Building-UKs-shale-industry-could-create-$55-billion-supply-chain_60606.html
April 25, 2014
Novozymes (Bagsvaerd, Denmark) on Thursday reported a 35% rise in net profit, to 694 million Danish kroner ($128.7 million) on sales up 7%, to DK3.03 billion. Ebit grew by 30%, to...
http://www.chemweek.com/home/top_of_the_news/Novozymes-reports-higher-first-quarter-sales-and-earnings_60605.html
April 25, 2014
Invista and Solvay announced today that they have signed a settlement agreement resolving disputes related to adiponitrile (ADN) intellectual property and technology used in their...
http://www.chemweek.com/home/top_of_the_news/Invista-Solvay-settle-adiponitrile-dispute_60558.html
April 25, 2014
ACC today released a set of chemical hazard and risk-assessment principles designed to provide “obtainable, high-level benchmarks” for fixing federal programs so they...
http://www.chemweek.com/home/top_of_the_news/ACC-announces-new-principles-to-guide-chemical-assessments_60610.html
April 25, 2014
PetroChina’s refining and chemicals business reports an operating loss of 2.21 billion renminbi ($354 million) in the first quarter of 2014 compared with an operating loss of...
http://www.chemweek.com/home/top_of_the_news/PetroChinas-chemicals-business-loss-widens_60596.html
April 25, 2014
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 65.3% fall in operating profits for the first quarter of 2014 compared with the...
http://www.chemweek.com/home/top_of_the_news/SK-Global-Chemical-reports-huge-fall-in-operating-profits_60595.html
April 25, 2014
Kuraray reports a 2.05% rise in net profits for its fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥29.4 billion ($287 million). Full-year sales...
http://www.chemweek.com/home/top_of_the_news/Kuraray-reports-rise-in-profits-and-sales_60594.html
April 25, 2014
Mitsubishi Chemical and the University of California, Santa Barbara (UCSB) have agreed to extend their agreement for a comprehensive R&D alliance in the field of advanced...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-and-University-of-California-extend-R-and-D-alliance_60592.html
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