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April 11, 2014
Lanxess's Porto Feliz site. Lanxess says it has opened its previously announced, new, high-tech plastics plant at the company’s site at Porto Feliz, Brazil. Lanxess has...
http://www.chemweek.com/home/top_of_the_news/Lanxess-opens-high-tech-plastics-plant-in-Brazil_60247.html
April 10, 2014
 American Vanguard (Amvac) announced today that it expects elevated channel inventories, arising primarily from weather conditions in the Midwestern United States, will affect its...
http://www.chemweek.com/home/top_of_the_news/Amvac-warns-on-first-quarter-results_60245.html
April 10, 2014
China's silicone producers are adding capacity more quickly than the market can absorb, increasing the pressure to rationalize production, according to analysts at IHS Chemical....
http://www.chemweek.com/home/top_of_the_news/IHS-Rapid-growth-in-silicones-through-2018-but-overcapacity-threatens_60234.html
April 10, 2014
Leading potash producer Uralkali (Berezniki, Russia) says its 2013 net profit dropped 58%, to $666 million on revenue down 20%, to $2.7 billion. Uralkali's Ebitda declined 31% in 2013...
http://www.chemweek.com/home/top_of_the_news/Uralkali-posts-falls-in-2013-earnings-sales-says-performance-improved-after-exit-from-potash-cartel_60244.html
April 10, 2014
Borealis will expand its crosslinked polyethylene (XLPE) production facilities at Stenungsund, Sweden, and as part of the ongoing Borouge 3 project in Abu Dhabi, the company has...
http://www.chemweek.com/home/top_of_the_news/Borealis-expands-XLPE-capacity-to-meet-cable-and-wire-demand_60227.html
April 10, 2014
Huntsman says that agrobusiness group Wilmar International (Singapore) has agreed to purchase Huntsman's European commodity surfactants business. Huntsman, under the terms of...
http://www.chemweek.com/home/top_of_the_news/Huntsman-to-sell-European-commodity-surfactants-business-to-Wilmar-close-plant-in-Italy_60226.html
April 10, 2014
Indorama Ventures (Bangkok) says that it will acquire a 51% stake in Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate (PET) producer in Turkey...
http://www.chemweek.com/home/top_of_the_news/Indorama-to-acquire-Turkish-firm-Sasa-Polyester-Sanayi_60225.html
April 10, 2014
Solvay has confirmed that it has signed an agreement to sell its polyvinyl chloride (PVC) compound business, Benvic Europe, to US investment company OpenGate Capital (Los Angeles). The...
http://www.chemweek.com/home/top_of_the_news/Solvay-confirms-plans-to-sell-European-PVC-compound-business-to-OpenGate_60221.html
April 10, 2014
Clariant says it will make a “significant investment” to expand its plant at Casablanca, Morocco, to increase production of polymers and chemical blends for the African and...
http://www.chemweek.com/home/top_of_the_news/Clariant-Mining-Solutions-expands-plant-in-Morocco_60220.html
April 9, 2014
Paints and coatings makers are feeling increasingly optimistic about business prospects for 2014, as the rebounding construction market drives demand for architectural coatings and raw...
http://www.chemweek.com/home/top_of_the_news/ACS-2014-Optimism-rising-in-the-coatings-industry_60219.html
April 9, 2014
Rivertop Renewables (Missoula, MT) announced today that it has raised $26 million to advance its renewable chemicals production technology. New investors include agribusiness giant...
http://www.chemweek.com/home/top_of_the_news/Rivertop-Renewables-raises-$26-million_60218.html
April 9, 2014
Saipem (Milan) has been awarded an onshore engineering, procurement, and construction contract for an expansion of synthetic rubber capacity at the Versalis (Milan) complex at Ferrara...
http://www.chemweek.com/home/top_of_the_news/Saipem-awarded-EPC-contract-to-expand-Versaliss-EPDM-production-in-Italy_60209.html
April 9, 2014
The board of BASF–Petronas Chemicals (BPC), a 60-40 joint venture, has approved the final investment decision and agreed to invest 1.5 billion ringgit ($462 million) to build a...
http://www.chemweek.com/home/top_of_the_news/BASF-Petronas-JV-confirms-aroma-ingredients-project-in-Malaysia_60204.html
April 9, 2014
DSM says that it is in exclusive discussions with Aland Nutraceutical (Jingjiang, China), a global producer of vitamin C, for the acquisition of Aland. The discussions may or may not...
http://www.chemweek.com/home/top_of_the_news/DSM-in-exclusive-discussions-to-acquire-Chinese-firm-Aland-Nutraceutical_60199.html
April 9, 2014
The new SAP plant at BASF-YPC site at Nanjing. BASF-YPC, a 50-50 petrochemical joint venture between BASF and Sinopec at Nanjing, China, today opened the previously announced new...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Sinopec-open-acrylic-acid-and-SAP-plants-at-Nanjing_60198.html
April 9, 2014
Ashland and Clariant say that they have entered into a definitive agreement to sell their foundry chemicals joint venture, ASK Chemicals (Hilden, Germany), to investment funds...
http://www.chemweek.com/home/top_of_the_news/Ashland-and-Clariant-to-sell-foundry-chemicals-JV-to-private-equity-firm-Rhone_60197.html
April 8, 2014
Petronas Chemicals (Kuala Lumpur) says it has appointed Sazali bin Hamzah as CEO, effective 1 May. Current CEO Abdul Hapiz bin Abdullah will step down from his position on 30 April, at...
http://www.chemweek.com/home/top_of_the_news/Petronas-Chemicals-appoints-new-CEO_60175.html
April 8, 2014
BioConsortia (Davis, CA), an agricultural biotechnology company that discovers and develops microbial consortia for crop improvement, has raised $15 million in its Series B funding...
http://www.chemweek.com/home/top_of_the_news/Agbiotech-firm-BioConsortia-raises-$15-million-in-funding_60196.html
April 8, 2014
Research and development (R&D) in the paints and coatings industry is being driven by a variety of issues, chief among energy efficiency and the development of new substrates in...
http://www.chemweek.com/home/top_of_the_news/ACS-2014-Energy-issues-new-substrates-key-drivers-for-coatings-R-and-D_60195.html
April 8, 2014
The American Chemistry Council’s (ACC) plastics division today released an updated roadmap for the development of plastics and composites that will help automakers increase fuel efficiency by reducing vehicle weight....
http://www.chemweek.com/home/top_of_the_news/ACC-releases-updated-roadmap-for-auto-plastics-and-composites_60193.html
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