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December 24, 2013
Methanol and ammonia maker OCI Partners has acquired a 20,000-m.t. ammonia tank from Lucite International for additional on-site ammonia storage capacity at Beaumont, TX. OCI, the...
http://www.chemweek.com/home/top_of_the_news/OCI-Partners-acquires-ammonia-storage-capacity-at-Beaumont-from-Lucite_57647.html
December 24, 2013
Sibur (Moscow) and Gazprom Neft announced today that they have signed an agreement for the construction of a new gas processing plant (GPP) to process 900 million cubic meters/year of...
http://www.chemweek.com/home/top_of_the_news/Sibur-and-Gazprom-sign-gas-processing-agreement-to-boost-petchem-feedstock-supply_57646.html
December 24, 2013
Uralkali (Berezniki, Russia), a leading global producer of potash, has announced that a board meeting held on 23 December confirmed Dmitry Osipov as its new CEO, effective 24 December...
http://www.chemweek.com/home/top_of_the_news/Appointment-of-new-Uralkali-CEO-heightens-speculation-about-revival-of-potash-cartel_57645.html
December 23, 2013
Nova Chemicals has pushed back plans for a new Advanced Sclairtech (AST) polyethylene facility because of the increasing uncertainty surrounding project resources in North America, says Chris Bezaire, senior vp/polyethylene at Nova....
http://www.chemweek.com/home/top_of_the_news/Nova-postponed-PE-project-on-resource-crunch_57619.html
December 23, 2013
Qatar will shortly launch an initial public offering of shares in Mesaieed Petrochemical Holding, a unit of Qatar Petroleum, the first of a new wave of companies that it intends to...
http://www.chemweek.com/home/top_of_the_news/Qatar-to-list-Mesaieed-Petrochemical-Holding-on-the-stock-exchange_57621.html
December 23, 2013
Saudi Arabian Mining Company (Ma’aden; Riyadh) announced today that it has awarded three engineering, procurement, and construction (EPC) contracts for its previously...
http://www.chemweek.com/home/top_of_the_news/Maaden-awards-three-large-EPC-contracts-for-its-phosphate-project-in-Saudi-Arabia_57632.html
December 23, 2013
Sirius Minerals (London), a potash development company, today announced that it has entered into a memorandum of understanding (MOU) to sell 500,000 m.t./year of polyhalite, a...
http://www.chemweek.com/home/top_of_the_news/Sirius-Minerals-signs-another-potash-offtake-deal-appoints-new-director_57631.html
December 23, 2013
Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that it has entered into a definitive agreement to acquire Vale Fertilizantes’ share in Fosbrasil, a joint venture producing...
http://www.chemweek.com/home/top_of_the_news/Israel-Chemicals-to-acquire-Vales-share-in-Fosbrasil_57627.html
December 23, 2013
Kemira says it signed an agreement today to sell its formic acid business, including the feed and the airport runway deicing product lines, part of Kemira’s ChemSolutions...
http://www.chemweek.com/home/top_of_the_news/Kemira-sells-formic-acid-business-to-Taminco-will-focus-on-water-chemicals_57625.html
December 23, 2013
Borealis (Vienna) announced today that it formed a joint venture with First Energy Bank (Manama, Bahrain) to buy a 20.3% stake in Neochim (Dimitrovgrad, Bulgaria). On 21 December, the...
http://www.chemweek.com/home/top_of_the_news/Borealis-acquires-stake-in-Bulgarian-fertilizer-producer-Neochim_57624.html
December 20, 2013
Solvay has announced an agreement to sell its 70.59% stake in Solvay Indupa (Buenos Aires) to Braskem for $290 million. The deal, which is subject to antitrust approval, will give Braskem a commanding position in South America’s polyvinyl chloride (PVC) market....
http://www.chemweek.com/home/top_of_the_news/Braskem-acquires-Solvay-Indupa-for-$290-million_57462.html
December 20, 2013
Axiall has chosen Louisiana as the location of a possible world-scale ethylene plant and associated derivatives plant, the company announced on 19 December. Axiall expects the capital investment to total $3 billion, with Axiall putting up $1 billion, and a “soon-to-be-named” partner contributing $2 billion....
http://www.chemweek.com/home/top_of_the_news/Axiall-chooses-Louisiana-for-$3-billion-cracker-and-derivatives-project_57591.html
December 20, 2013
Reliance Industries today announced the appointment of Adil Zainulbhai as an independent director on the board, with immediate effect. The new appointment expands the board to 14...
http://www.chemweek.com/home/top_of_the_news/Reliance-Industries-appoints-new-board-member_57603.html
December 20, 2013
Petronet LNG (New Delhi), a fast-growing player in India’s energy sector, plans to expand its liquefied natural gas (LNG) terminal at Dahej, Gujarat State, India. The company...
http://www.chemweek.com/home/top_of_the_news/Petronet-to-expand-LNG-terminal-in-India-helping-fertilizer-producers_57601.html
December 20, 2013
Foster Wheeler announced today that Saudi Aramco has awarded it contracts for the provision of engineering and project management services for the development of the Fadhili gas...
http://www.chemweek.com/home/top_of_the_news/Saudi-Aramco-awards-contracts-to-Foster-Wheeler_57604.html
December 20, 2013
The business activities of beleaguered polyvinyl chloride (PVC) producer Kem One (Lyon, France) will be run jointly by businessman Alain de Krassny and buyout firm OpenGate Capital...
http://www.chemweek.com/home/top_of_the_news/Court-approves-joint-takeover-of-PVC-firm-Kem-One_57616.html
December 20, 2013
CF Industries announced today that its board of directors has named Anthony Will president and CEO, effective 2 January 2014. The board has also expanded its size to nine directors...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-names-new-CEO_57605.html
December 20, 2013
Uralchem deputy chairman Dmitry Osipov will be appointed CEO of Uralkali (Berezniki, Russia), a leading producer of potash, Interfax news agency reported today citing Uralkali customer...
http://www.chemweek.com/home/top_of_the_news/Uralkali-CEO-to-be-replaced-by-Uralchem-executive_57600.html
December 20, 2013
Ineos Grangemouth (UK) today announced that almost the entire workforce of 1,350 employees has signed up to the company’s new pension plan and accepted its new terms and...
http://www.chemweek.com/home/top_of_the_news/Ineos-Grangemouth-employees-sign-up-to-pension-plan-securing-new-investment_57599.html
December 20, 2013
Uralchem (Moscow), a leading Russian fertilizer producer and exporter, today announced the opening of a terminal at Riga Port, in Latvia, for the handling and short-term storage of...
http://www.chemweek.com/home/top_of_the_news/Russian-fertilizer-producer-Uralchem-opens-terminal-in-Latvia_57598.html
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