IHS Chemical Week

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February 7, 2013
Kemira’s revenue increased 3%, to €558.5 million ($755.4 million) during the fourth quarter of 2012, mainly because of continued sales volumes growth, especially in the...
January 18, 2013
PPG’s commodity chemicals business, which is being merged into Georgia Gulf, is issuing $688 million in bonds to compensate PPG for the spin-off of the business. The business...
January 18, 2013
Romania’s minister of economy, Varujan Vosganian, has presented a proposal to resolve the ongoing crisis at chemical firm Oltchim (Ramnicu Valcea, Romania), according to Romanian...
January 14, 2013
European chlorine production was down in December, according to the latest figures published by industry association Euro Chlor (Brussels) today. European chlorine capacity...
January 11, 2013
Energy-focused private equity firm Intervale Capital (Boston) has taken a majority stake in oil field chemicals and water treatment business Aegis Chemical Solutions (The Woodlands...
January 10, 2013
Westlake Chemical has begun the previously announced expansion of the Petro 2 ethylene unit at its complex at Lake Charles, LA, the company said today. The expansion work, taking place...
December 28, 2012
PPG has launched a share exchange under which PPG shareholders will be allowed to convert the company’s common stock into Georgia Gulf common stock. The share exchange is part of...
December 27, 2012
PPG has declared force majeure at its Lake Charles, LA, commodity chemicals plant for vinyl chloride monomer (VCM) and all grades of caustic soda after a fire on 24 December. The fire...
November 30, 2012
Canexus says it will use the proceeds to continue the expansion of its North American Terminal Operation at Bruderheim, Alberta....
November 29, 2012
Sahara Petrochemicals (Jubail, Saudi Arabia) says that its affiliate, Sahara & Maaden Petrochemicals Co. (Samapco) signed financing agreements for a total amount of 1.98 billion...
November 19, 2012
Westlake Chemical has declared a $3.75/share special dividend, payable to shareholders on 12 December. The company will spend $250 million in cash on hand to pay the dividend. Westlake...
October 30, 2012
Saltic (Salalah, Oman) has appointed Hanwha Engineering & Construction to build a $500-million chlor-alkali and ethylene dichloride (EDC) complex at the Salalah free zone in Oman...
October 18, 2012
PPG’s third-quarter net income was up 9% year-on-year (YOY), to $339 million, on strong automotive coatings volumes and price increases. Sales were flat, at $3.85 billion...
September 20, 2012
The European chlor-alkali industry needs some letup in the pace of legislation if it is not to lose its share of the global market, delegates to Euro Chlor’s (Brussels) AGM in...
September 2, 2012
Uhdenora (Milan), a joint venture between Uhde (Dortmund, Germany) and De Nora (Milan), has been awarded a contract by Shandong Befar Group (Binzhou City, China)for a new chlor-alkali...
August 23, 2012
Olin says it has completed the acquisition of caustic soda distributor and bleach maker K.A. Steel Chemicals (Lemont, IL) for $328 million in cash. K.A. Steel is one of the largest...
August 2, 2012
Westlake Chemical reported second-quarter net income of $115.5 million ($1.72/share), up 42% from the year-ago quarter, on a pre-tax gain of $16.0 million from the sale of Georgia Gulf...
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