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April 4, 2014
Saudi Arabian Mining Co. (Ma’aden) has announced that the Public Investment Fund has approved a $2-billion loan covering part of its previously announced phosphate project...
http://www.chemweek.com/home/top_of_the_news/Maadens-phosphate-project-gets-loan-approval_60109.html
April 4, 2014
Lanxess has announced several leadership changes, following the arrival of Matthias Zachert as chairman of the board this week. Jorge Nogueira will assume responsibility for the...
http://www.chemweek.com/home/top_of_the_news/Lanxess-makes-leadership-changes_60106.html
April 3, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has broken ground on its US Gulf Coast (USGC) Petrochemicals Project at the Cedar Bayou plant in Baytown, TX....
http://www.chemweek.com/home/top_of_the_news/Chevron-Phillips-Chemical-breaks-ground-on-planned-Cedar-Bayou-cracker_60071.html
April 3, 2014
The board of Petronas (Kuala Lumpur) has approved the final investment decision for the Pengerang Integrated Complex (PIC) project in the southern Malaysian state of Johor, the company...
http://www.chemweek.com/home/top_of_the_news/Petronas-to-go-ahead-with-$16-billion-Rapid-project-in-Malaysia-_60050.html
April 3, 2014
Petroquímica de Venezuela (Pequiven), Braskem, and construction company Norberto Odebrecht (Salvador, Brazil) will build an ammonia and granulated urea plant at Pequiven's...
http://www.chemweek.com/home/top_of_the_news/Pequiven-Braskem-Odebrecht-to-build-ammonia-production-urea-granulation-plant-in-Venezuela_60049.html
April 3, 2014
RPM reported net income for the fiscal quarter ended 28 February of $16.2 million compared to a net loss of $42.4 million in the same year-ago quarter. Earnings of 12 cts/share were...
http://www.chemweek.com/home/top_of_the_news/RPM-earnings-up-on-strength-in-industrial-segment_60051.html
April 3, 2014
Grupa Azoty (Tarnów, Poland) is launching investments in the plastics and fertilizers segments, the company announced. The company will build additional nylon-6 production and...
http://www.chemweek.com/home/top_of_the_news/Grupa-Azoty-announces-expansion-of-nylon-6-production-fertilizer-granulation-capacity_60039.html
April 3, 2014
La Seda de Barcelona's (El Prat de Llobregat, Spain) assets at El Prat and Tarragona, Spain have been acquired by Cristian Lay (Jerez de los Caballeros, Spain), Cristian Lay announced...
http://www.chemweek.com/home/top_of_the_news/Cristian-Lay-acquires-La-Seda-EO-EG-and-PET-assets-in-Spain_60042.html
April 3, 2014
Maire Tecnimont (Rome) says its subsidiary Kinetics Technology has been awarded two contracts by Total Olefins Antwerp for the implementation of its refinery offgas project at Antwerp...
http://www.chemweek.com/home/top_of_the_news/Total-Olefins-Antwerp-awards-feedstock-enhancement-contract-to-Maire-Tecnimont_60044.html
April 3, 2014
The Chinese government says that Hubei Province in central China launched a carbon trading market on 2 April, making the province the sixth location in China to establish such a...
http://www.chemweek.com/home/top_of_the_news/Chinas-Hubei-Province-launches-carbon-trading-market_60043.html
April 3, 2014
BASF and Toda Kogyo Corp. (Tokyo) announced today that they will enter exclusive negotiations to form a joint venture in Japan for cathode active materials. Toda Kogyo is one of the...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Toda-Kogyo-enter-negotiations-to-form-cathode-active-materials-jv-in-Japan_60036.html
April 2, 2014
Repsol has licensed Chevron Phillips Chemical’s (CPChem) technology for the production of metallocene-based polyethylene resins, the two companies announced on 24 March. Repsol will implement the technology at its site in Tarragona, Spain, which already uses CPChem’s MarTECH SL loop slurry technology....
http://www.chemweek.com/home/top_of_the_news/Repsol-licenses-CPChem-metallocene-technology_59799.html
April 2, 2014
Oxea announced today that it plans to increase European capacity for dioctyl terephthalate (DOTP) by 50,000 m.t./year by the fourth quarter of 2015 to meet growing demand. The company...
http://www.chemweek.com/home/top_of_the_news/Oxea-to-set-up-JV-in-Germany-to-produce-dioctyl-terephthalate-plasticizer_59790.html
April 2, 2014
Potash fertilizer producer Uralkali’s (Berezniki, Russia), as expected, has elected Sergey Chemezov as chairman. Robert Margetts and Dmitry Mazepin are deputy chairmen...
http://www.chemweek.com/home/top_of_the_news/Uralkali-elects-chairman_59871.html
April 2, 2014
Chevron Phillips Chemical (CPChem) says its wholly owned affiliate Chevron Phillips Chemicals International will complete construction of a previously announced sulfur chemicals...
http://www.chemweek.com/home/top_of_the_news/CPChem-expands-sulfur-chemicals-facility-in-Belgium_59902.html
April 2, 2014
Linde says that it has entered into an enterprise framework agreement (EFA) with Shell to build ethane cracking units on a global basis. The EFA covers the licensing, engineering...
http://www.chemweek.com/home/top_of_the_news/Linde-awarded-enterprise-framework-agreement-by-Shell-to-build-ethane-cracking-units_59960.html
April 2, 2014
Samsung General Chemicals (Seoul) and Samsung Petrochemical have announced that their boards have agreed to merge the two companies. The news comes just days after the group said that...
http://www.chemweek.com/home/top_of_the_news/Samsung-General-Chemicals-to-merge-with-Samsung-Petrochemical_60012.html
April 2, 2014
Agrium announced today that it expects its first-quarter earnings per share, to be released on 6 May, to be “just above breakeven.” The company says the slow start to the...
http://www.chemweek.com/home/top_of_the_news/Agrium-first-quarter-earnings-to-be-flat-on-slow-spring-start_60010.html
April 2, 2014
Omnova Solutions today reported its first quarter results, with net income of $1.2 million up compared to a loss of $0.2 million year-over-year (YOY). Earnings per share of 3...
http://www.chemweek.com/home/top_of_the_news/Omnova-earnings-up-sales-down-on-winter-weather-impacts_60011.html
April 2, 2014
Delegates to today’s sessions of the Euro Chlor Technology conference in Madrid were given a glimpse into what the chlor-alkali and vinyls industries may look like in the...
http://www.chemweek.com/home/top_of_the_news/Euro-Chlor-9th-Technology-Conference-European-chlor-alkali-and-vinyls-industry-in-transition_60008.html
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