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Displaying 121 - 140 of 447 stories.
June 27, 2014
DuPont cut its second-quarter and full-year earnings outlook, citing a lower-than-expected quarterly performance from its agriculture segment and, to a lesser extent, its performance...
http://www.chemweek.com/lab/DuPont-cuts-outlook-on-weak-ag-results_62090.html
June 20, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has broken ground for the construction of two 500,000 m.t./year polyethylene plants at its site in Old Ocean, TX....
http://www.chemweek.com/lab/CPChem-begins-construction-of-polyethylene-plants-at-Old-Ocean-TX_61886.html
June 20, 2014
ExxonMobil Chemical says it has begun constructing second steam cracker at its Baytown, TX, facility and two downstream polyethylene lines at its Mont Belvieu, TX, plastics plant. EPA gave the project a final greenhouse gas Prevention of Significant Deterioration construction permit last month....
http://www.chemweek.com/lab/ExxonMobil-begins-expanding-Baytown-ethylene-PE_61929.html
June 20, 2014
Cefic says that Europe's output of chemicals will grow by 2.0% this year on the back of rising industrial demand, in particular from the automotive industry. Production is expected to...
http://www.chemweek.com/lab/Cefic-Europes-chemical-output-to-grow-2-0-percent-this-year_61945.html
June 18, 2014
Air Products has named Rockwood Holdings chairman and CEO Seifi Ghasemi as its next chairman and CEO, effective 1 July. He succeeds John McGlade, who will retire from Air Products on 30 June. Rockwood has named Robert Zatta as acting CEO effective 1 July in addition to his role as CFO....
http://www.chemweek.com/lab/Air-Products-names-Rockwoods-Ghasemi-as-next-CEO_61897.html
June 16, 2014
BASF has maintained its top spot in CW’s Billion Dollar Club 2012—our annual ranking of companies by chemical revenues on a dollar basis—with China’s Sinopec taking the second slot....
http://www.chemweek.com/lab/Billion-Dollar-Club-2012-BASF-takes-top-ranking-for-seventh-straight-year_55646.html
June 13, 2014
Occidental Petroleum has named Robert Peterson president of OxyChem, effective 1 August. Peterson succeeds Chuck Anderson, who will retire on 31 July. Peterson has served as senior v.p./basic chemicals since 2009....
http://www.chemweek.com/lab/Next-OxyChem-president-announced_61778.html
June 13, 2014
Trinseo, formerly Styron, on 12 June completed its initial public offering, raising about $190 million through the sale of 10 million common shares. The company’s shares, which...
http://www.chemweek.com/lab/Trinseo-completes-$190-million-NYSE-initial-public-offering_61794.html
June 13, 2014
Bayer’s supervisory board has made a number of changes to the company’s management board....
http://www.chemweek.com/lab/Bayer-makes-board-changes-CEO-to-step-down-at-end-of-2016_61790.html
June 13, 2014
Navigating the growing pains that accompany the unprecedented US capital build was a primary theme at ACC’s annual meeting at Colorado Springs, CO, on 2–4 June....
http://www.chemweek.com/lab/ACC-Industry-focuses-on-managing-the-shale-gale_61791.html
June 13, 2014
E&C companies are focusing on the United States and Canada for projects based on shale gas....
http://www.chemweek.com/lab/Engineering-and-construction-The-changing-landscape_61732.html
June 6, 2014
American Securities (New York), a private equity firm, has announced that it has partnered with management and signed a definitive agreement to acquire Emerald Performance Materials...
http://www.chemweek.com/lab/Private-equity-firm-American-Securities-buys-Emerald-Performance-Materials_61570.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/lab/Trinseo-launches-$180-million-IPO_61481.html
May 30, 2014
Bolivian president Evo Morales has announced plans for a $1.8-billion petrochemical plant in the department of Tarija, in southern Bolivia. The area has the largest proven natural gas deposits in the country and the second largest in South America....
http://www.chemweek.com/lab/Bolivia-plans-$1-8-billion-petrochemical-complex_61410.html
May 30, 2014
Sabic and SK Global Chemical have signed a 50-50 joint venture agreement to invest $595 million in the manufacture of high-performance polyethylene (PE) using SK’s metallocene-based Nexlene solution process technology. The agreement was signed by Sabic’s CEO, Mohamed Al Mady; and Ja-Young Koo, SK Innovation’s vice chairman and CEO....
http://www.chemweek.com/lab/Sabic-and-SK-Global-Chemical-form-PE-manufacturing-JV-will-build-plants-in-Saudi-Arabia-and-elsewhere_61406.html
May 30, 2014
Westlake Chemical says it has signed a definitive agreement to acquire Vinnolit Holdings (Ismaning, Germany) and its subsidiary companies from Advent International, a private equity firm....
http://www.chemweek.com/lab/Westlake-Chemical-to-buy-PVC-producer-Vinnolit_61421.html
May 30, 2014
Flint Hills Resources, a subsidiary of Koch Industries, has reached a deal to acquire propylene maker PetroLogistics for $2.1 billion....
http://www.chemweek.com/lab/Flint-Hills-Resources-to-acquire-PetroLogistics-for-$2-1-billion_61407.html
May 28, 2014
Flint Hills Resources, a subsidiary of Koch Industries, has reached a deal to acquire propylene maker PetroLogistics for $2.1 billion....
http://www.chemweek.com/lab/Flint-Hills-Resources-to-acquire-PetroLogistics-for-$2-1-billion_61356.html
May 23, 2014
The total value of M&A transactions in chemicals during the first quarter of 2014 stood at $8 billion, with 17 deals completed, according to data provided by investment bank Young & Partners (Y&P; New York)....
http://www.chemweek.com/lab/Chemicals-M-and-A-market-steady-in-first-quarter_61272.html
May 23, 2014
DuPont CFO Nicholas Fanandakis said during an investor conference on 21 May that the company would consider a Reverse Morris Trust (RMT) transaction or outright sale of its performance chemicals business....
http://www.chemweek.com/lab/DuPont-considering-alternatives-to-spin-off_61275.html
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