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June 2, 2015
SK Global Chemical (SKGC; Seoul) is to sell Nexlene, its premium polyethylene PE business to its joint venture with Sabic. Sabic SK Nexlene Co. (Singapore), an equally owned jv between...
http://www.chemweek.com/newsletters/cbd/SK-Global-Chemical-sells-Nexlene-PE-business-to-JV-with-Sabic_70949.html
June 2, 2015
Asahi Kasei says that its subsidiary Sun Plastech (Parsippany, NJ)—manufacturer of the purging compound Asaclean—has signed an agreement to purchase the assets of Novachem...
http://www.chemweek.com/newsletters/cbd/Asahi-Kaseis-US-subsidiary-acquires-purging-compounds-manufacturer-Novachem_70950.html
June 2, 2015
Oil and natural gas company Pioneer Natural Resources (Irving, TX) and Reliance Industries (Mumbai) have entered into a purchase and sale agreement with Enterprise Products Partners...
http://www.chemweek.com/newsletters/cbd/Enterprise-Products-Partners-buys-Eagle-Ford-Shale-midstream-business-for-$2-15-billion_70951.html
June 2, 2015
Sasol said on Tuesday that phase I of its Fischer-Tropsch wax expansion project (FTWEP) at Sasolburg, South Africa, has been commissioned. Construction of phase II of FTWEP has...
http://www.chemweek.com/newsletters/cbd/Sasol-commissions-phase-I-of-wax-expansion-project_70952.html
June 2, 2015
Jacobs Engineering says that it has been awarded an engineering, procurement and construction management contract from Celanese for the previously announced vinyl acetate ethylene...
http://www.chemweek.com/newsletters/cbd/Jacobs-wins-contract-for-Celaneses-VAE-emulsions-plant_70953.html
June 2, 2015
Westlake Chemical has acquired Ineos ChlorVinyls Holdings’ 35.7% interest in Suzhou Huasu Plastics Company (SHPC), a polyvinyl chloride (PVC) resin and fabrication joint venture...
http://www.chemweek.com/newsletters/cbd/Westlake-increases-share-of-China-PVC-jv-to-95-percent_70954.html
June 2, 2015
US ethylene contracts have been finalized on Monday at a two-month settlement for April and May. The April ethylene contract settled at 34.25 cents/pound, which was flat from the March...
http://www.chemweek.com/newsletters/cbd/Two-month-US-ethylene-contract-settlement-reached_70955.html
June 2, 2015
Company Today Yesterday Air Products (APD) 148.70 147.06 Airgas (ARG) 103.98 102.80 Albemarle (ALB) 60.78 60.53 Ashland (ASH) 128.34 127.93 Axiall Corp. (AXLL) 37.12 37.32 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_70956.html
June 2, 2015
Despite some macroeconomic issues, US chemicals volumes are expected to rise 3.2% year-on-year (YOY) for all of 2015, according to ACC’s mid-year economic outlook report. US...
http://www.chemweek.com/newsletters/cbd/ACC-US-chemicals-volumes-to-rise-3-2-percent-in-2015_70948.html
June 1, 2015
OCI says that it will sell its 49.1% stake in OCI Materials, a subsidiary that manufactures specialty gas used for manufacturing semiconductors and liquid-crystal-display, in order to...
http://www.chemweek.com/newsletters/cbd/OCI-to-sell-specialty-gas-unit_70882.html
June 1, 2015
IHS Chemical's 23rd Annual Polyethylene-Polypropylene (PEPP 2015) kicks off tomorrow at Zurich, while International Liquid Terminals Association's 35th Annual International Operating...
http://www.chemweek.com/newsletters/cbd/Week-Ahead_70883.html
June 1, 2015
Company Today Friday Air Products (APD) 147.06 147.70 Airgas (ARG) 102.80 102.20 Albemarle (ALB) 60.53 60.60 Ashland (ASH) 127.93 127.93 Axiall Corp. (AXLL) 37.32 37.78 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_70884.html
June 1, 2015
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > Valspar to buy performance coatings businesses from Quest Specialty Chemicals > Asahi Kasei and...
http://www.chemweek.com/newsletters/cbd/Week-of-25-31-May-2015_70885.html
June 1, 2015
Bayer announced on Monday that the new name of its MaterialScience business will be Covestro, effective 1 September 2015. Bayer intends to float Covestro on the stock market by...
http://www.chemweek.com/newsletters/cbd/Bayer-MaterialScience-to-be-renamed-Covestro_70878.html
June 1, 2015
Sadara Basic Services Co., wholly owned by Sadara, a joint venture of Saudi Aramco and Dow Chemical, has subleased approximately 43,000 square meters of land on the Sadara site at...
http://www.chemweek.com/newsletters/cbd/Dow-to-build-reverse-osmosis-membrane-plant-at-Sadara-site_70879.html
June 1, 2015
The environment committee of the European Parliament has voted overwhelmingly in favor of a reform of the European Union’s Emissions Trading Scheme (EU ETS). The text negotiated with...
http://www.chemweek.com/newsletters/cbd/European-Parliament-committee-backs-ETS-reform_70880.html
June 1, 2015
Six major oil and gas companies have called on governments and on the United Nations framework convention on climate change (UNFCCC) to introduce pricing systems for carbon, where they...
http://www.chemweek.com/newsletters/cbd/Oil-and-gas-majors-call-for-carbon-pricing_70881.html
June 1, 2015
Private equity firm Apollo Management (New York) says it has agreed to acquire OM Group for about $1.03 billion, or $34/share. Apollo will then sell OM Group’s electronic chemicals...
http://www.chemweek.com/newsletters/cbd/Apollo-to-acquire-OM-Group-for-$1-03-billion-sell-some-segments-to-Platform_70876.html
June 1, 2015
Bayer CropScience on Monday announced the signing of an agreement to acquire SeedWorks India (Hyderabad). The company specializes in breeding, production, and marketing of hybrid seeds...
http://www.chemweek.com/newsletters/cbd/Bayer-CropScience-buys-SeedWorks-India_70877.html
May 29, 2015
Ashland says that it has signed a definitive agreement to sell the industrial biocides assets within the company’s specialty ingredients business segment, to Troy Corp. (Florham...
http://www.chemweek.com/newsletters/cbd/Ashland-to-sell-industrial-biocides-assets-to-Troy_70845.html
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