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December 18, 2013
ZBB Energy (Menomonee Falls, WI), a developer of renewable energy power platforms and hybrid vehicle control systems, says it has entered into a new product development partnership and...
http://www.chemweek.com/home/top_of_the_news/ZBB-Energy-announces-new-phase-of-partnership-with-Lotte-Chemical_57466.html
December 18, 2013
Mitsubishi Plastics is investing 1.4 billion Japanese yen ($13.6 million) in a new production line at its Azai plant at Nagahama, Japan for Diamiron co-extruded, multi-layered nylon 6...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Plastics-builds-second-Diamiron-film-line-in-Japan_57487.html
December 18, 2013
Sahara Petrochemicals Co. has announced that its subsidiary Al Waha Petrochemicals will undergo a 15-day scheduled maintenance on its plants starting 24 December. Al Waha, in which...
http://www.chemweek.com/home/top_of_the_news/Al-Waha-Petrochemicals-to-undergo-15-day-maintenance_57480.html
December 18, 2013
SK Engineering & Construction on Tuesday signed a $3.6 -on contract in Seoul to build a previously announced petrochemical complex at Ain Sokhna, Egypt. The project is being set up...
http://www.chemweek.com/home/top_of_the_news/SK-signs-contract-to-build-petchems-complex-in-Egypt_57477.html
December 18, 2013
BASF and Renmatix (King of Prussia, PA) announced today that they will jointly scale up Renmatix’s Plantrose process for extraction of industrial sugars from lignocellulosic...
http://www.chemweek.com/home/top_of_the_news/BASF-signs-joint-development-deal-with-cellulosic-sugar-firm_57463.html
December 17, 2013
Sasol announced today that it has reached an agreement to sell its German solvents manufacturing plants and the associated European solvents business to Ineos. The international...
http://www.chemweek.com/home/top_of_the_news/Sasol-to-sell-its-European-solvents-business-and-two-German-sites-to-Ineos_57449.html
December 17, 2013
Jacobs Engineering says it has been awarded a contract by Midwest Fertilizer to provide management services to a nitrogen-based plant at Posey County, IN. Financial terms of the...
http://www.chemweek.com/home/top_of_the_news/Jacobs-awarded-$2-billion-nitrogen-plant-contract_57451.html
December 17, 2013
ACC says its Chemical Activity Barometer (CAB) rose slightly in December, signalling continued, moderate that is expected to continue in 2014. The CAB ticked up 0.1%, to 93.9 on a...
http://www.chemweek.com/home/top_of_the_news/ACCs-December-economic-indicator-ticks-up_57450.html
December 17, 2013
The European Commission has launched the public Sustainable Process Industry through Resource and Energy Efficiency (Spire) public-private partnership (PPP) with the signing of a...
http://www.chemweek.com/home/top_of_the_news/EU-launches-public-private-partnership-including-Cefic-for-sustainable-process-industry_57447.html
December 17, 2013
Private equity firm OpenGate Capital (Los Angeles) says it  has signed an exclusivity agreement to acquire Benvic, a polyvinyl chloride (PVC) compounder, from Solvay. Benvic has...
http://www.chemweek.com/home/top_of_the_news/Private-equity-firm-signs-agreement-to-buy-Europe-PVC-compounder-from-Solvay_57442.html
December 17, 2013
The board of management of Lenzing and the Works Council have agreed a comprehensive package of social measures designed to cushion the effects of the recently announced cost reduction...
http://www.chemweek.com/home/top_of_the_news/Lenzing-outlines-cost-saving-measures-and-job-cuts_57441.html
December 17, 2013
Clariant Chemicals India (Mumbai) says that it intends to acquire masterbatch producer Plastichemix Industries (Vadodara, India), for about 1.35 billion Indian rupees ($21.7 million)...
http://www.chemweek.com/home/top_of_the_news/Clariant-to-acquire-masterbatch-producer-in-India_57414.html
December 17, 2013
Fertilizer producer Uralchem (Moscow) said on Monday that it has secured a seven-year $4.5- billion loan from VTB Capital. Uralchem and its Kirovo-Chepetsk plant are the borrowers...
http://www.chemweek.com/home/top_of_the_news/Uralchem-secures-loan-to-pay-for-stake-in-potash-producer-Uralkali_57440.html
December 17, 2013
PolyOne says it has begun production of specialty polymer formulations in a new facility at Istanbul, Turkey. “Turkey is one of the fastest growing markets for thermoplastics in...
http://www.chemweek.com/home/top_of_the_news/PolyOne-opens-manufacturing-facility-in-Turkey_57438.html
December 16, 2013
According to a new forecast from the US Energy Information Administration (EIA), domestic production of both crude oil and natural gas will continue to grow, with oil nearing historic highs by 2016. But whereas oil production will begin to decline in 2020, natural gas production will increase by 56% during 2012-2040. The expanding supply will lower prices, providing a powerful boost to gas-intensive industries, driving greater exports of natural gas, and allowing natural gas to displace coal as the nation’s largest source of electric power generation, says EIA....
http://www.chemweek.com/home/top_of_the_news/EIA-US-oil-and-natural-gas-production-to-continue-surge_57436.html
December 16, 2013
The U.S. Food and Drug Administration (FDA) today issued a proposed rule to require manufacturers of antibacterial hand soaps and body washes to demonstrate that their products are...
http://www.chemweek.com/home/top_of_the_news/FDA-proposes-triclosan-restrictions_57420.html
December 16, 2013
Petro Rabigh (Rabigh; Saudi Arabia) and its parents, Saudi Aramco and Sumitomo Chemical, have agreed a number of measures aimed at boosting Petro Rabigh’s financial performance...
http://www.chemweek.com/home/top_of_the_news/Petro-Rabigh-to-boost-revenues-with-new-feedstock-and-marketing-deal_57407.html
December 16, 2013
GlaxoSmithKline (GSK) today announced an offer to increase its stake in its publicly listed pharmaceutical subsidiary in India, GlaxoSmithKline Pharmaceuticals Ltd., from 50.7% to 75%...
http://www.chemweek.com/home/top_of_the_news/GSK-to-spend-$1-billion-on-raising-stake-in-Indian-subsidiary_57415.html
December 16, 2013
Qatar Petrochemical Co. (Qapco; Doha), an 80-20 joint venture between Industries Qatar and Total, is planning to expand capacity of its Mesaieed, Qatar–based cracker complex by...
http://www.chemweek.com/home/top_of_the_news/Qapco-plans-to-expand-Mesaieed-operations_57413.html
December 16, 2013
The government of Oman and BP today signed a gas sales agreement and an amended production sharing agreement for the development of the Khazzan field, with BP as the operator. The full...
http://www.chemweek.com/home/top_of_the_news/BP-and-Oman-sign-major-gas-and-acetic-acid-investment-deal_57412.html
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