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January 8, 2015
Mitsui & Co. and Kuala Lumpur Kepong (KLK; Ipoh, Malaysia), a company involved in palm plantation and oleochemicals, say that they have entered into an agreement, under which...
http://www.chemweek.com/newsletters/cbd/Mitsui-and-Co-to-invest-in-KLKs-oleochemicals-project-in-China_66668.html
January 8, 2015
Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co., has agreed to issue a loan of 40 million Saudi riyals ($10.7 million), to cover a part of its share of the...
http://www.chemweek.com/newsletters/cbd/Sadara-issues-loan-to-hydrogen-peroxide-JV_66669.html
January 7, 2015
GTC Technology (Houston) has signed an agreement with Shandong Sincier Chemical Group (SSCG) to provide GTC’s technology for a 280,000-m.t./year toluene alkylation unit at a new...
http://www.chemweek.com/newsletters/cbd/GTC-Technology-to-license-toluene-alkylation-technology-to-Chinese-firm_66629.html
January 7, 2015
Al Ghaith Industries (Abu Dhabi) has awarded Nuberg Engineering (Noida, India) a contract to build a calcium chloride plant in Abu Dhabi, Nuberg says. The plant’s intended capacity...
http://www.chemweek.com/newsletters/cbd/Nuberg-Engineering-selected-to-build-calcium-chloride-plant-in-Abu-Dhabi_66630.html
January 7, 2015
KBR says that it has been awarded a contract by a Lotte Chemical (Seoul) subsidiary headquartered in Kuala Lumpur to provide licensing and basic engineering design services to revamp a...
http://www.chemweek.com/newsletters/cbd/Lotte-Chemical-awards-catalytic-olefins-technology-contract-to-KBR_66631.html
January 7, 2015
Monsanto today reported a 35% slide in first-quarter profits due to lower corn acres in South America and a shift in timing of herbicide sales, but said it continues to expect...
http://www.chemweek.com/newsletters/cbd/Lower-corn-acres-stunt-Monsantos-first-quarter-results_66620.html
January 7, 2015
Huntsman Corp. says it expects lower crude to have a favorable benefit on profitability and its business to improve in 2015. “In an environment where oil prices are sustainably low...
http://www.chemweek.com/newsletters/cbd/Huntsman-expects-margin-benefit-from-lower-oil-prices_66621.html
January 7, 2015
RPM today reported fiscal second-quarter net income of $69.8 million, up 9.8% year-on-year (YOY), on sales that were flat at $1.07 billion. Earnings totaled 52 cts/share, missing...
http://www.chemweek.com/newsletters/cbd/RPM-misses-estimates-cuts-guidance-despite-rising-income_66622.html
January 7, 2015
The European Commission has today published a range of documents related to the Transatlantic Trade and Investment Partnership (TTIP) that it is currently negotiating with the United...
http://www.chemweek.com/newsletters/cbd/EU-Commission-publishes-TTIP-legal-texts-as-part-of-transparency-initiative_66623.html
January 7, 2015
Mexichem says that it has acquired from DuPont the distribution and sale license for pharmaceutical-grade hydrofluorocarbon (HFC)-227ea/P, a medical propellant. The purchase price was...
http://www.chemweek.com/newsletters/cbd/Mexichem-acquires-distribution-and-sale-license-for-DuPont-pharmaceutical-grade-propellant_66624.html
January 7, 2015
A. Schulman yesterday reported fiscal first-quarter net income from continuing operations up 6.5% year-on-year (YOY), to $13.2 million, on sales up 5%, to $615.1 million. Adjusted...
http://www.chemweek.com/newsletters/cbd/A-Schulman-beats-estimates_66625.html
January 7, 2015
Evonik Industries named Tammo Boinowitz head of personal care, effective 1 January, the company says. He succeeds Deitmar Moll, who Evonik says is moving into a new role involving...
http://www.chemweek.com/newsletters/cbd/Evonik-names-new-personal-care-chief_66626.html
January 7, 2015
Company Today Yesterday Air Products (APD) 141.09 140.88 Airgas (ARG) 112.55 112.66 Albemarle (ALB) 56.82 57.26 Ashland (ASH) 116.68 115.97 Axiall Corp. (AXLL) 41.95 41.24 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66627.html
January 7, 2015
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) says that several engineering contractors have expressed interest in bidding for the engineering, procurement, and...
http://www.chemweek.com/newsletters/cbd/Orpic-prequalifies-engineering-firms-for-four-petchem-packages_66628.html
January 6, 2015
Company Today Yesterday Air Products (APD) 140.88 141.34 Airgas (ARG) 112.66 113.56 Albemarle (ALB) 57.26 58.44 Ashland (ASH) 115.97 117.84 Axiall Corp. (AXLL) 41.24 42.22 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66599.html
January 6, 2015
Tsutomu Tannowa, president and CEO of Mitsui Chemicals, in a New Year’s message, says that the company is targeting operating profits of ¥60.0 billion ($505.7 million) in 2016 and...
http://www.chemweek.com/newsletters/cbd/Mitsui-Chemicals-targets-operating-profits-of-100-billion-in-2020_66597.html
January 6, 2015
Monsanto and FMC Agricultural Solutions say they have broadened their collaboration aimed at offering farmers effective pesticide solutions. Under the terms of the agreement, the...
http://www.chemweek.com/newsletters/cbd/Monsanto-and-FMC-expand-crop-protection-cooperation_66598.html
January 6, 2015
The European Commission says that Slovakia’s intention to provide Duslo (Sal'a, Slovakia) with aid to the value of €58.0 million ($69.1 million) to modernize an ammonia plant...
http://www.chemweek.com/newsletters/cbd/European-Commission-approves-Slovakia-plan-for-$69-million-in-aid-to-modernize-ammonia-plant_66596.html
January 6, 2015
The Burkard-Schenker family, the largest shareholder of Sika (Baar, Switzerland), has filed a lawsuit with the cantonal court of Zug, Switzerland, to force an extraordinary...
http://www.chemweek.com/newsletters/cbd/Report-Sika-majority-owner-files-lawsuit-to-push-through-sale-to-Saint-Gobain_66591.html
January 6, 2015
China has canceled its system of quotas that restrict exports of rare earths in order to comply with a World Trade Organization (WTO; Geneva) ruling, press reports say. WTO, in August...
http://www.chemweek.com/newsletters/cbd/China-cancels-rare-earth-export-quotas_66592.html
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