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August 22, 2014
Agrium today announced that it has named Steve Douglas senior v.p. and CFO, effective 3 November. Douglas joins the company from Brookfield Asset Management (Toronto, ON) where he was...
http://www.chemweek.com/newsletters/cbd/Agrium-names-new-CFO_63361.html
August 22, 2014
ACC today released its global chemical regional production index (Global CPRI), showing a 0.1% rise on a three-month moving average (3MMA) basis in July—indicating that growth...
http://www.chemweek.com/newsletters/cbd/ACCs-global-chemical-production-index-inches-up_63362.html
August 22, 2014
Petróleos Mexicanos (Pemex; Mexico City), Mexico's national oil company, says that it has begun corporate restructuring in response to the recently announced energy reform, which ends...
http://www.chemweek.com/newsletters/cbd/Mexicos-energy-reform-leads-Pemex-to-restructure-operations_63358.html
August 22, 2014
The American Chemistry Council’s v.p. of regulatory and technical affairs Michael Walls today testified at a Senate Environment and Public Works Committee minority briefing at Lake...
http://www.chemweek.com/newsletters/cbd/ACC-testifies-against-EPAs-call-for-stricter-ozone-standards_63359.html
August 22, 2014
DuPont has filed a patent infringement suit in US court in Delaware alleging that SunEdison has violated the company’s patent on using tellurium in front-side silver solar pastes...
http://www.chemweek.com/newsletters/cbd/DuPont-files-patent-suit-against-SunEdison-over-solar-paste_63360.html
August 22, 2014
Coatings maker Axalta has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering (IPO) of an undetermined value, according to regulatory...
http://www.chemweek.com/newsletters/cbd/Axalta-files-for-IPO_63357.html
August 22, 2014
The CW75 index increased 2.3% for the week ended 19 August, rising above the MSCI World Index which grew 2% and dipping below the S&P 500, which rose 2.4%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_63353.html
August 21, 2014
The Federation of Thai Industries (FTI; Bangkok) is seeking soft loans from the government to help establish a bioplastics industry in Thailand. The FTI is meeting with the Finance...
http://www.chemweek.com/newsletters/cbd/NatureWorks-seeking-soft-loans-to-establish-Thai-bioplastics_63344.html
August 21, 2014
Company Today Yesterday Air Products (APD) 133.10 133.87 Airgas (ARG) 110.02 109.94 Albemarle (ALB) 62.31 61.68 Ashland (ASH) 106.99 107.17 Axiall Corp. (AXLL) 41.82 41.68 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_63345.html
August 21, 2014
Lenzing today reported Ebitda declined 29%, to €91.1 million ($121.9 million), in the first six months of 2014 on 9.1% lower sales of €900.0 million. Ebitda margin declined from...
http://www.chemweek.com/newsletters/cbd/Lenzing-reports-lower-sales-and-earnings-speeds-up-savings-plan_63341.html
August 21, 2014
Billionaire George Soros has more than doubled his stake in Yacimientos Petroliferos Fiscales (YPF; Buenos Aires), purchasing 8.47 million shares during the second quarter, Bloomberg...
http://www.chemweek.com/newsletters/cbd/Report-Billionare-Soros-more-than-doubles-stake-in-YPF_63342.html
August 21, 2014
AkzoNobel yesterday broke ground on its previously announced decorative paints facility at Chengdu, China. Chengdu is the capital of Sichuan Province. The new facility is part of an...
http://www.chemweek.com/newsletters/cbd/AkzoNobel-breaks-ground-on-decorative-paints-facility-in-China_63343.html
August 21, 2014
Occidental Chemical (OxyChem; Dallas) has successfully started up a new $49.5-million hydrochloric acid (HCl) unit at its Niagara Falls, NY, chlor-alkali facility, the company says...
http://www.chemweek.com/newsletters/cbd/OxyChem-starts-up-hydrochloric-acid-unit-at-Niagara-Falls_63338.html
August 21, 2014
Gemini HDPE, a manufacturing joint venture between Ineos Olefins & Polymers USA and Sasol, has hired KBR to provide engineering, procurement, and construction (EPC) services for a...
http://www.chemweek.com/newsletters/cbd/Ineos-Sasol-hire-KBR-for-La-Porte-HDPE-project_63339.html
August 21, 2014
Bartek Ingredients (Stony Creek, ON) has announced a large expansion of its capacity for malic and fumaric acid, and its precursor material, maleic anhydride. The company will add 50...
http://www.chemweek.com/newsletters/cbd/Bartek-Ingredients-to-expand-malic-fumaric-acids-capacity_63340.html
August 21, 2014
PhosAgro (Moscow), a fertilizer major, today reported net profit increased 70% in the first six months of the year, to 8.1 billion Russian rubles ($231 million), on 6% higher sales of...
http://www.chemweek.com/newsletters/cbd/PhosAgro-results-benefit-from-strong-global-fertilizer-demand_63337.html
August 20, 2014
Novomer (Waltham, MA) says it has appointed Nordmann, Rassmann (Hamburg) as its authorized distributor of Converge-branded polypropylene carbonate (PPC) polyols in Germany. The...
http://www.chemweek.com/newsletters/cbd/Novomer-appoints-distributor-for-its-PPC-polyols-in-Germany_63325.html
August 20, 2014
Company Today Yesterday Air Products (APD) 133.87 134.74 Airgas (ARG) 109.94 110.28 Albemarle (ALB) 61.68 61.65 Ashland (ASH) 107.17 106.38 Axiall Corp. (AXLL) 41.68 41.66 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_63326.html
August 20, 2014
Potash and magnesium products producer K+S has announced the extension of the contract of Norbert Steiner, chairman, until May 2017. His contract was scheduled to expire in May 2015...
http://www.chemweek.com/newsletters/cbd/K+S-cuts-size-of-executive-board-extends-chairman-and-CFO_63323.html
August 20, 2014
Vopak posted a 15% fall in net profit for the first half of 2014 compared with the corresponding period of last year, to €138 million, on flat sales of €647 million. Ebitda...
http://www.chemweek.com/newsletters/cbd/Strong-euro-dents-Vopaks-profits_63324.html
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