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December 10, 2014
Evonik Industries announced today that it has started up two new facilities producing cross-linking activators at its multiuser site at Wesseling, Germany. The facilities produce...
http://www.chemweek.com/home/top_of_the_news/Evonik-commissions-cross-linking-activator-units-in-Germany_66015.html
December 10, 2014
Indonesia’s state-owned energy group Pertamina (Jakarta) said today that it has concluded partnership agreements with three companies to upgrade and double the capacities of its...
http://www.chemweek.com/home/top_of_the_news/Pertamina-signs-$25-0-billion-refinery-upgrade-MOUs-with-Aramco-Sinopec-JX-Nippon_66014.html
December 10, 2014
Toray Industries says that it has reached a basic agreement with Saati (Appiano Gentile, Italy) to acquire its European carbon fiber fabric and prepreg business. Financial details of...
http://www.chemweek.com/home/top_of_the_news/Toray-to-acquire-Europe-based-carbon-fiber-prepreg-business-of-Italian-firm_66010.html
December 10, 2014
AkzoNobel says a fire at its Battleground facility in La Porte, TX, damaged the building housing its high-purity metallo-organics (HPMO) unit on 9 December. The company has not said whether the fire, which was extinguished within 20 minutes, affected production....
http://www.chemweek.com/home/top_of_the_news/AkzoNobel-reports-fire-at-Texas-high-purity-metallo-organics-unit_66034.html
December 10, 2014
Private equity firm The Riverside Co. (New York) says that it has acquired Drex-Chem (Shah Alam, Malaysia), a specialty chemicals distributor. Financial details of the agreement have...
http://www.chemweek.com/home/top_of_the_news/Private-equity-firm-acquires-Malaysia-based-chemicals-distributor_66009.html
December 10, 2014
Cefic says that it expects chemical output is to continue growing in 2015, but that expectations about the pace of European and global economic growth have weakened. Chemical...
http://www.chemweek.com/home/top_of_the_news/Cefic-cuts-forecast-for-2015-European-chemical-output-to-1-percent_66021.html
December 10, 2014
BP said today that it expects to incur restructuring charges of $1 billion over the next five quarters. The company is presenting its future strategy and plans in the upstream and gas...
http://www.chemweek.com/home/top_of_the_news/BP-to-incur-$1-billion-charges-reexamine-upstream-investments_66019.html
December 10, 2014
BASF says that it will build a new, world-scale chemical catalysts production facility at the company’s existing site in the Shanghai Chemical Industry Park at Caojing, China...
http://www.chemweek.com/home/top_of_the_news/BASF-to-build-catalysts-plant-at-Shanghai_66018.html
December 9, 2014
Total Energy Ventures (TEV), the venture capital arm of Total, announced today that it is making an undisclosed investment in Solidia Technologies, a Piscataway, NJ-based firm with a...
http://www.chemweek.com/home/top_of_the_news/Total-invests-in-NJ-based-sustainable-cement-firm_66008.html
December 9, 2014
US production of major plastic resins totaled 6.40 billion lbs during October, a year-on-year (YOY) increase of 1.2%, according to ACC. However, production for the first 10 months dropped 2.5% YOY, to 62.0 billion lbs....
http://www.chemweek.com/home/top_of_the_news/ACC-reports-October-increase-in-US-resin-production_65994.html
December 9, 2014
Reichhold Industries (Durham, NC) says that the United States Bankruptcy Court for the District of Delaware has approved bidding procedures for a court-supervised auction of substantially all of its US assets....
http://www.chemweek.com/home/top_of_the_news/Bankruptcy-court-approves-auction-of-Reichholds-US-assets_66005.html
December 9, 2014
Jacob Stolt-Nielsen will retire from the board of Stolt Nielsen Ltd. (SNL) on 15 December, 55 years to the day since he founded the company. He will continue as honorary chairman of...
http://www.chemweek.com/home/top_of_the_news/Stolt-Nielsen-founder-retires-from-companys-board_65990.html
December 9, 2014
Sberbank (Moscow) said today it has agreed to lend Sibur (Moscow) 42 billion Russian rubles ($775 million). Sberbank says the credit line will be open for general corporate purposes...
http://www.chemweek.com/home/top_of_the_news/Russian-bank-extends-five-year-credit-facility-to-Sibur_65989.html
December 9, 2014
Bayer MaterialScience (BMS) today announced the conclusion of a major capital expenditure project in Germany bringing onstream an “ultraefficient and resource-conserving,”...
http://www.chemweek.com/home/top_of_the_news/Bayer-MaterialScience-inaugurates-TDI-plant-in-Germany_65986.html
December 9, 2014
Victrex (Thornton Cleveleys, UK), a producer of high-performance polymers, including poly(ether ether ketone) (PEEK), today announced its preliminary results for the financial year...
http://www.chemweek.com/home/top_of_the_news/Victrex-reports-higher-sales-and-earnings-gives-update-on-new-PEEK-plant_65984.html
December 9, 2014
Air Liquide held a groundbreaking ceremony on 8 December for a new air separation unit (ASU) that will produce oxygen, nitrogen, and argon at its production facility at Port Neches...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-builds-ASU-in-Texas_65980.html
December 9, 2014
Sumitomo Chemical and Monsanto say that they have entered into long-term agreements to collaborate on weed management in Brazil and Argentina, expanding their ongoing strategic...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-Monsanto-expand-weed-management-collaboration-to-South-America_65979.html
December 9, 2014
Rivertop Renewables (Missoula, MT) announced today that it has begun construction of its first commercial plant located at DanChem Technologies, Inc.'s (DTI) facility at Danville, VA...
http://www.chemweek.com/home/top_of_the_news/Rivertop-Renewables-announces-first-commercial-plant_65992.html
December 9, 2014
Reliance Industries (Mumbai) says that it has entered into a definitive agreement with Shandong Ruyi Science and Technology Group Co. (Ruyi; Jining, China), for a joint venture in...
http://www.chemweek.com/home/top_of_the_news/Reliance-to-form-textile-JV-with-Chinese-firm-Ruyi_65991.html
December 9, 2014
Solvay announces today that it is acquiring Dhaymers (Taboão da Serra, Brazil), a producer of specialty esters, entering the skin care market and expanding its presence in...
http://www.chemweek.com/home/top_of_the_news/Solvay-acquires-specialty-esters-producer-in-Brazil_65987.html
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