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June 27, 2014
Specialty chemicals distributor IMCD Group (Rotterdam) priced its initial public offering (IPO) at €21/ordinary share—the middle of the previously announced price range. The...
http://www.chemweek.com/newsletters/cbd/IMCDs-IPO-priced-in-middle-of-announced-range_62135.html
June 27, 2014
Acron (Velikiy Novgorod, Russia), a producer of fertilizers; and the Rio Tinto group have formed a joint venture to evaluate developing their jointly held potash properties in...
http://www.chemweek.com/newsletters/cbd/Acron-Rio-Tinto-form-JV-to-develop-potash-deposit-in-SK_62136.html
June 27, 2014
Company Today Yesterday Air Products (APD) 127.64 128.23 Airgas (ARG) 109.47 108.72 Albemarle (ALB) 71.30 70.80 Ashland (ASH) 107.90 108.21 Axiall Corp. (AXLL) 46.52 45.83 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_62137.html
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/newsletters/cbd/DuPont-cuts-outlook-on-weak-ag-results_62130.html
June 27, 2014
EuroChem has lost an initial case in an Amsterdam court against Dutch-registered IMR, whose affiliate Shaft Sinkers allegedly failed to sink one of the shafts at EuroChem’s...
http://www.chemweek.com/newsletters/cbd/EuroChem-loses-initial-court-case-against-potash-contractor_62131.html
June 26, 2014
The CW 75 index rose 0.4% for the week ended 24 June, matching the S&P 500, but lagging the MSCI World Index, which rose 0.5%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_62089.html
June 26, 2014
Company Today Yesterday Air Products (APD) 128.23 129.08 Airgas (ARG) 108.72 109.10 Albemarle (ALB) 70.80 71.05 Ashland (ASH) 108.21 107.77 Axiall Corp. (AXLL) 45.83 45.26 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_62069.html
June 26, 2014
H.B. Fuller says that it has signed an agreement to acquire Tonsan Adhesive (Beijing). Tonsan, which was founded in 1993, specializes in R&D, manufacturing and sale of engineering...
http://www.chemweek.com/newsletters/cbd/H-B-Fuller-to-acquire-Chinese-firm-Tonsan-Adhesive-for-$225-million_62070.html
June 26, 2014
Sabic and Mitsubishi Rayon, partners in an equally-owned methyl methacrylate (MMA) and polymethyl methacrylate (PMMA) manufacturing joint venture in Saudi Arabia, earlier this month...
http://www.chemweek.com/newsletters/cbd/Sabic-Mitsubishi-Rayon-jv-awards-contract-for-delayed-MMA-PMMA-project-in-Saudi-Arabia_62067.html
June 26, 2014
Bayer MaterialScience’s (BMS) polyurethane systems house Bayer Pearl has broken ground for its new headquarters in the Dubai Investments Park, which will be the site of the regional...
http://www.chemweek.com/newsletters/cbd/Bayer-MaterialScience-breaks-ground-for-Dubai-project_62068.html
June 26, 2014
Innovation, focused on market and customer needs and attractive growth markets, is expected to contribute 1–2 percentage points annually to Clariant's sales growth, helping the...
http://www.chemweek.com/newsletters/cbd/Clariant-highlights-role-of-innovation-plans-polyolefins-hike-and-China-catalysts-R-and-D-center_62066.html
June 26, 2014
Ineos and Solvay say that they have signed a definitive agreement to create their previously announced chlorvinyls joint venture, and that they will name the jv Inovyn. The jv is...
http://www.chemweek.com/newsletters/cbd/Ineos-Solvay-sign-agreement-for-chlorvinyls-JV_62065.html
June 25, 2014
Company Today Yesterday Air Products (APD) 129.08 129.60 Airgas (ARG) 109.10 108.64 Albemarle (ALB) 71.05 71.59 Ashland (ASH) 107.77 107.79 Axiall Corp. (AXLL) 45.26 46.43 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_62029.html
June 25, 2014
Indian Oil Corp. (IOC; New Delhi) and BP have abandoned plans for an acetic acid joint venture in India, citing high capital costs. The proposed 50-50 jv would have built a 1-million...
http://www.chemweek.com/newsletters/cbd/BP-Indian-Oil-cancel-plans-for-acetic-acid-JV_62030.html
June 25, 2014
Bayer MaterialScience (BMS), following a successful test phase and promising market analysis, plans to invest €15 million ($20 million) in the construction of a production line at...
http://www.chemweek.com/newsletters/cbd/Bayer-to-build-production-line-at-Dormagen-to-make-CO2-based-polyols_62031.html
June 25, 2014
BASF-YPC, a 50-50 petrochemical joint venture between BASF and Sinopec at Nanjing, China, is moving ahead with plans to build a world-scale production plant for neopentylglycol (NPG)...
http://www.chemweek.com/newsletters/cbd/BASF-Sinopec-JV-confirms-plans-to-build-neopentylglycol-plant-at-Nanjing_62032.html
June 25, 2014
Asahi Kasei says that its Asahi Kasei Fibers (AKF; Osaka) subsidiary will invest about ¥5 billion ($49 million) to expand production capacity for polypropylene spunbond nonwoven...
http://www.chemweek.com/newsletters/cbd/Asahi-Kasei-to-double-spunbond-nonwovens-capacity-in-Thailand_62033.html
June 25, 2014
Borealis has awarded Jacobs Engineering with an engineering, procurement, and construction management (EPCM) services contract for a previously announced project to increase...
http://www.chemweek.com/newsletters/cbd/Jacobs-awarded-EPCM-contract-for-Borealis-XLPE-expansion_62034.html
June 25, 2014
Monsanto today reported fiscal third-quarter net income down 5.6% year-on-year (YOY), to $858 million, on sales that were roughly flat YOY, at $4.25 billion. Earnings totaled...
http://www.chemweek.com/newsletters/cbd/Monsanto-raises-guidance-beats-estimates_62022.html
June 25, 2014
Dow Chemical will start constructing its previously announced, 1.5-million m.t./year Freeport, TX, ethylene plant on 30 June. The project, which received final permitting approval from...
http://www.chemweek.com/newsletters/cbd/Dow-nears-start-of-construction-on-Freeport-ethane-cracker_62023.html
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