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April 21, 2015
Air Products says that it has been awarded a contract by Saudi Aramco to build and operate the world’s largest industrial gas complex. The total investment necessary to build the facility is about $2.1 billion, Air Products says....
http://www.chemweek.com/home/top_of_the_news/Air-Products-wins-contract-from-Aramco-to-build-worlds-largest-industrial-gas-complex_69594.html
April 21, 2015
ExxonMobil Chemical says it is considering whether to build a new polyethylene (PE) line at its Beaumont, TX, facility. The project would be additional to two 650,000-m.t./year PE lines now under construction at Mont Belvieu, TX. “We’ll conduct an extensive evaluation before making any final investment decision,” ExxonMobil says....
http://www.chemweek.com/home/top_of_the_news/ExxonMobil-considering-PE-project-at-Beaumont-TX_69643.html
April 21, 2015
Tate & Lyle (London) today announced it would restructure its Splenda sucralose operations and exit most of its European bulk food ingredients business to further focus on and...
http://www.chemweek.com/home/top_of_the_news/Tate-and-Lyle-to-close-Singapore-sucralose-plant-exit-European-bulk-ingredients-JV-with-ADM_69632.html
April 21, 2015
Mohammad Hassan Peyvandi, deputy managing director of the National Petrochemical Co., (NPC; Tehran), has told reporters that Indian companies have proposed building an ammonia-urea...
http://www.chemweek.com/home/top_of_the_news/Iran-confirms-Indian-interest-in-building-urea-plant_69631.html
April 21, 2015
FMC today announced that it has completed the previously announced acquisition of crop protection chemicals maker Cheminova (Harboøre, Denmark). Plans for the acquisition were...
http://www.chemweek.com/home/top_of_the_news/FMC-completes-$1-8-billion-acquisition-of-Danish-crop-protection-chemicals-maker-Cheminova_69630.html
April 21, 2015
Sabic has preliminarily agreed with an unidentified US supplier to import shale gas for its Wilton, UK, steam cracker for the next 10 years. The company announced in August last year...
http://www.chemweek.com/home/top_of_the_news/Sabic-proceeds-with-plans-to-import-US-ethane-feedstock-for-UK-cracker_69629.html
April 21, 2015
India has levied antidumping duties on acetone from Taiwan and Saudi Arabia for five years, the Ministry of Finance (New Delhi) says. Depending on factors, tariffs of $86.10/m.t....
http://www.chemweek.com/home/top_of_the_news/India-slaps-dumping-duties-on-acetone-from-Taiwan-and-Saudi-Arabia-for-5-years_69628.html
April 21, 2015
India has extended antidumping duties on phenol imports from Japan and Thailand by one year, the Ministry of Finance (New Delhi) says. The tariffs will remain in force until 18 April...
http://www.chemweek.com/home/top_of_the_news/India-extends-dumping-duties-on-phenol-from-Japan-and-Thailand-by-one-year_69627.html
April 21, 2015
Mitsui & Co. says that it has entered into cooperation and equipment lease agreements with the Innovative Composite Materials Research and Development Center (ICC; Hakusan, Japan)...
http://www.chemweek.com/home/top_of_the_news/Mitsui-and-Co-agrees-with-Japan-research-center-to-develop-new-production-methods-for-carbon-fiber-composite-materials_69626.html
April 21, 2015
Saudi International Petrochemical Co. (Sipchem; Al Khubar) today announced its affiliate Sipchem Chemical Co. has started up a polybutylene terephthalate (PBT) plant. The...
http://www.chemweek.com/home/top_of_the_news/Sipchem-commissions-PBT-plant-at-Al-Jubail_69624.html
April 21, 2015
Showa Denko says that it has decided to build a plant at Shanghai to produce high-purity hydrogen fluoride, a specialty gas used to produce semiconductors. The new plant will be built...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-builds-high-purity-hydrogen-fluoride-plant-in-China_69622.html
April 21, 2015
An explosion occurred this morning at an ethylene glycol (EG) unit operated by Sinopec Yangzi at Nanjing, Jiangsu Province, China, a Sinopec Corp. spokesman confirmed today. The...
http://www.chemweek.com/home/top_of_the_news/Sinopec-confirms-morning-blast-at-Yangzi-ethylene-glycol-unit_69621.html
April 21, 2015
AkzoNobel reported €163 million ($175.5 million) in net profit from continuing operations for the first quarter of 2015, up 29% year-on-year (YOY). Ebitda was also up, by ...
http://www.chemweek.com/home/top_of_the_news/AkzoNobels-earnings-soar-in-first-quarter-lower-volumes-hinder-sales_69637.html
April 20, 2015
ExxonMobil confirmed today that its Beaumont, TX, petrochemical complex has been successfully restarted after a fire on a propylene line that shut down the entire facility on 30 March...
http://www.chemweek.com/home/top_of_the_news/ExxonMobil-restarts-Beaumont-petchem-complex_69617.html
April 20, 2015
Yara International (Oslo) said today that, because of the worsening security outlook in Libya, the operating ability of its Lifeco joint venture plants are highly likely to keep...
http://www.chemweek.com/home/top_of_the_news/Yara-writes-down-Lifeco-investment-in-Libya_69601.html
April 20, 2015
Sika’s board of directors is proposing that the company buy out the Burkhard-Schenker family’s 16.1% stake in Sika to thwart the proposed takeover by France’s...
http://www.chemweek.com/home/top_of_the_news/Sika-offers-to-buy-out-the-family-holding-to-thwart-Saint-Gobains-offer_69599.html
April 20, 2015
Asahi Kasei announced today that its pharma unit has decided to pull out of the nutritional products business, which began in 1983 with the launch of a tube feeding powder formula...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-to-withdraw-from-nutritional-products-business_69597.html
April 20, 2015
BASF said today that, in its fight against counterfeiting in the crop protection market, it is investing in brand new antifake technology. In China, the company is introducing a...
http://www.chemweek.com/home/top_of_the_news/BASF-introduces-technology-to-tackle-counterfeit-crop-protection-products-in-China_69596.html
April 20, 2015
Industries Qatar (Doha), a company listed on the Qatari stock exchange and which has shareholdings in some of the major local producers, including Qatar Petrochemical Co., Qatar...
http://www.chemweek.com/home/top_of_the_news/Industries-Qatar-reports-lower-first-quarter-net-profit-and-revenue_69593.html
April 20, 2015
A recent spike in styrene prices in Asia is pressuring derivative producers to raise prices as their margins narrow amid short covering, tight supply, and concerns over lower stocks...
http://www.chemweek.com/home/top_of_the_news/Asia-styrene-derivative-prices-track-feedstock-price-hikes_69592.html
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