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January 13, 2015
Canpotex (Saskatoon, SK), the potash export cartel owned by Agrium, Mosaic, and PotashCorp, says that it has entered into a three-year memorandum of understanding (MOU) with Sinofert...
http://www.chemweek.com/home/top_of_the_news/Canpotex-signs-potash-supply-deal-with-Sinofert_66771.html
January 13, 2015
Brenntag says that its supervisory board has renewed the contract of CEO Steven Holland for five years, until 29 February 2020. All areas of responsibilities within the management...
http://www.chemweek.com/home/top_of_the_news/Brenntag-extends-CEO-contract_66769.html
January 12, 2015
Spot prices for aromatics fell again in Asia today, threatening to dip below the 67–70-month weekly lows recorded last week, as volatile Brent crude futures fell below $49/bbl in...
http://www.chemweek.com/home/top_of_the_news/Asia-aromatics-prices-threaten-to-outstrip-70-month-lows-as-crude-falls-again_66737.html
January 12, 2015
Clariant says that it has signed an agreement to acquire the remaining 50% shares of Companhia Brasileira de Bentonita (CBB) from Geosol (Belo Horizonte, Brazil), a world leader in...
http://www.chemweek.com/home/top_of_the_news/Clariant-acquires-remaining-shares-of-Companhia-Brasileira-de-Bentonita_66736.html
January 11, 2015
The boards of directors of Saudi Kayan and Yanbu National Petrochemical Co. (YanSab), both Sabic affiliates, today accepted the resignation of Mutlaq Al Morished from the post of...
http://www.chemweek.com/home/top_of_the_news/Saudi-Kayan-and-YanSab-appoint-new-chairmen_66730.html
January 9, 2015
The styrene-over-benzene spread dipped below $200/m.t. in the European market on 7 January and today for only the second time since September 2014. Falling energy numbers have been...
http://www.chemweek.com/home/top_of_the_news/Europes-styrene-benzene-spread-dips-below-$200m-t-_66712.html
January 9, 2015
Two surprises greeted US Gulf Coast ethylene buyers returning from New Year’s holidays this week: a maintenance shutdown at CPChem’s Cedar Bayou complex in Baytown, TX; and unconfirmed reports of operational issues on Boardwalk’s Evangeline ethylene pipeline. The market took the news from CPChem in its stride, but spot prices fell sharply on rumors about the pipeline....
http://www.chemweek.com/home/top_of_the_news/New-Years-surprises-for-US-Gulf-ethylene-market_66717.html
January 9, 2015
Albany Molecular Research Inc. (AMRI; Albany, NY) says that it has acquired Aptuit’s (Greenwich, CT) Glasgow, UK, business and has entered into a definitive agreement to acquire...
http://www.chemweek.com/home/top_of_the_news/AMRI-to-acquire-Aptuits-drug-product-development-and-aseptic-clinical-manufacturing-businesses_66711.html
January 9, 2015
Nippon Shokubai says that, at the end of 2014, the company stopped manufacturing operations at its production site at Suita, Japan. Nippon Shokubai plans to construct a new R&D...
http://www.chemweek.com/home/top_of_the_news/Nippon-Shokubai-closes-Suita-plant-to-build-research-facility-at-the-site_66706.html
January 8, 2015
MeadWestvaco (MWV) says it plans a tax-free spin-off of its specialty chemicals business, a maker of pine chemical derivatives for printing inks, adhesives, and asphalt paving, among...
http://www.chemweek.com/home/top_of_the_news/MeadWestvaco-to-spin-off-specialty-chemicals-business_66649.html
January 8, 2015
Indorama Ventures (Bangkok) today announced that it has reached a definitive agreement with subsidiaries of Polyplex (Gautam Buddh Nagar, India) located in Singapore and Turkey, to...
http://www.chemweek.com/home/top_of_the_news/Indorama-to-acquire-another-PET-plant-in-Turkey_66662.html
January 8, 2015
Production of olefins increased in Western Europe in the first nine months of 2014 compared with the same period of the previous year, and third-quarter production was up year-on-year...
http://www.chemweek.com/home/top_of_the_news/Third-quarter-olefin-production-rises-in-Western-Europe_66647.html
January 8, 2015
Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co., has agreed to issue a loan of 40 million Saudi riyals ($10.7 million), to cover a part of its share of the...
http://www.chemweek.com/home/top_of_the_news/Sadara-issues-loan-to-hydrogen-peroxide-JV_66635.html
January 8, 2015
TPOZ's production facility at Zhangjiagang, China. Mitsui & Co. and Kuala Lumpur Kepong (KLK; Ipoh, Malaysia), a company involved in palm plantation and oleochemicals, say that...
http://www.chemweek.com/home/top_of_the_news/Mitsui-and-Co-to-invest-in-Kuala-Lumpur-Kepongs-oleochemicals-project-in-China_66644.html
January 8, 2015
Mitsubishi Plastics and Mitsubishi Rayon —both subsidiaries of Mitsubishi Chemical Holdings— say that they have agreed to integrate the pitch-based carbon fiber business of...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Plastics-and-Mitsubishi-Rayon-to-integrate-certain-carbon-fiber-businesses_66640.html
January 7, 2015
Bayer Corporation on Wednesday announced the appointment of Steven Immergut to a newly created senior position leading communications for the company's pharmaceutical business in the...
http://www.chemweek.com/home/top_of_the_news/Bayer-Corporation-names-new-v-p-and-head-of-pharma-communications_66638.html
January 7, 2015
Europe's toluene contract price for January has been settled at a more than five-and-a-half year low as aromatics markets continue to adjust to a changed upstream environment...
http://www.chemweek.com/home/top_of_the_news/Europes-January-toluene-contract-settled-at-five-year-low_66618.html
January 7, 2015
Idemitsu Kosan (Tokyo) and Showa Shell Sekiyu (Tokyo), two of Japan’s major oil refiners and producers of petrochemicals, are in tie-up discussions, the companies have announced...
http://www.chemweek.com/home/top_of_the_news/Idemitsu-Kosan-and-Showa-Shell-Sekiyu-in-tie-up-talks_66393.html
January 7, 2015
RPM today reported fiscal second-quarter net income of $69.8 million, up 9.8% year-on-year (YOY), on sales that were flat at $1.07 billion. Earnings totaled 52 cts/share, missing...
http://www.chemweek.com/home/top_of_the_news/RPM-misses-estimates-cuts-guidance-despite-rising-income_66617.html
January 7, 2015
Huntsman says it expects lower crude to benefit profitability and its business to improve in 2015.  “In an environment where oil prices are sustainably low, Huntsman Corp...
http://www.chemweek.com/home/top_of_the_news/Huntsman-expects-margin-benefit-from-lower-oil-prices_66613.html
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