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December 16, 2014
Venture Global LNG will invest $4.25 billion to build a new liquefaction processing complex and liquefied natural gas (LNG) export terminal. The facility will be constructed on the...
http://www.chemweek.com/newsletters/cbd/Venture-Global-LNG-invests-in-liquefaction-complex-and-LNG-export-terminal-in-Louisiana_66210.html
December 16, 2014
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Select Chemicals Ltd. (Yorktown, TX), a maker of production chemicals for oil and gas operations in...
http://www.chemweek.com/newsletters/cbd/WadeCo-buys-Texas-based-oil-production-chemicals-maker_66211.html
December 15, 2014
The National Industrialization Co. (Tasnee; Riyadh) informed the Saudi Stock Exchange on Sunday that its board of directors has accepted the resignation of Salih bin Fahd Al Nazha...
http://www.chemweek.com/newsletters/cbd/Tasnee-appoints-former-Sabic-CFO-as-its-new-CEO_66192.html
December 15, 2014
BASF and Jiahua Energy Chemical Co., a wholly owned subsidiary of Huafang Textile Co., have signed an agreement to set up a new sulfuric acid plant at Zhapu, Zhejiang Province, China...
http://www.chemweek.com/newsletters/cbd/BASF-Jiahua-partner-in-electronics-grade-sulfuric-acid_66193.html
December 15, 2014
Cepsa (Madrid) declared force majeure on phenol and acetone production at its site in Huelva, Spain, a company source confirmed Monday. It was understood that customers would be put on...
http://www.chemweek.com/newsletters/cbd/Cepsa-declares-force-majeure-on-phenol-at-Spanish-site_66194.html
December 15, 2014
Versalis could restart production at its 490,000-m.t./year naphtha-based steam cracker at Porto Marghera, Italy in February, despite having announced the permanent closure of the unit...
http://www.chemweek.com/newsletters/cbd/Report-Versalis-could-restart-Porto-Marghera-steam-cracker_66195.html
December 15, 2014
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > Indorama to acquire Performance Fibers’ business in Asia. > Bayer MaterialScience inaugurates...
http://www.chemweek.com/newsletters/cbd/Week-of-8-14-December-2014_66196.html
December 15, 2014
Company Today Friday Air Products (APD) 136.30 139.83 Airgas (ARG) 110.02 111.13 Albemarle (ALB) 54.92 56.29 Ashland (ASH) 115.77 116.15 Axiall Corp. (AXLL) 38.89 39.83 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66197.html
December 15, 2014
US ethylene prices continue to fall despite production issues over the weekend at Chevron Phillips Chemical’s Sweeny complex in Old Ocean, TX, and Dow Chemical’s Freeport, TX...
http://www.chemweek.com/newsletters/cbd/US-ethylene-declines-despite-production-issues-at-CPChem-and-Dow_66189.html
December 15, 2014
Johnson Matthey says it has agreed to divest its gold and silver refining business to Asahi Holdings, a collector, refiner, and recycler of precious and rare metals from waste...
http://www.chemweek.com/newsletters/cbd/Johnson-Matthey-sells-gold-and-silver-refining-business_66190.html
December 15, 2014
Berkshire Hathaway (Omaha, NE) has acquired Charter Brokerage (New York), a provider of trade services and customs drawback logistics to the oil and chemical industries, from private...
http://www.chemweek.com/newsletters/cbd/Berkshire-Hathaway-buys-trade-services-firm-from-Arsenal_66191.html
December 15, 2014
Technip (Paris), a leading global engineering and construction firm, announced today that it has agree with Air Liquide to purchase all of the Zimmer polymer technology business. The...
http://www.chemweek.com/newsletters/cbd/Technip-to-acquire-Zimmer-polymer-technologies-from-Air-Liquide_66188.html
December 12, 2014
Sherwin-Williams (SW) today narrowed its full-year 2014 adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are expected to...
http://www.chemweek.com/newsletters/cbd/Sherwin-Williams-narrows-guidance-details-Lowes-program_66157.html
December 12, 2014
Engineering and construction (E&C) firm KBR said on Thursday that it will streamline its operations following a major, strategic review announced in June. The restructuring will...
http://www.chemweek.com/newsletters/cbd/KBR-to-streamline-operations-following-an-in-depth-review_66158.html
December 12, 2014
Olin plans to close permanently the portion of the company's Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/newsletters/cbd/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66159.html
December 12, 2014
Sabic executive v.p./corporate finance and CFO Mutlaq Al-Morished has announced that he is resigning from Sabic, according to an interview with Saudi news service Mubasher. Al-Morished...
http://www.chemweek.com/newsletters/cbd/Sabic-CFO-resigns_66160.html
December 12, 2014
Air Liquide is acquiring a portion of the business of the Arair Group (Tours, France), a home health-care provider in central France. Air Liquide will take over Arair's Arair...
http://www.chemweek.com/newsletters/cbd/Air-Liquide-acquires-parts-of-Arair-Group_66161.html
December 12, 2014
Mitsui Chemicals and Sinopec have announced that their 50-50 jv, Shanghai Sinopec Mitsui Elastomers, has started up the previously announced, new ethylene propylene diene terpolymer...
http://www.chemweek.com/newsletters/cbd/Mitsui-Chemicals-Sinopec-JVs-start-up-plants-producing-EPT-phenol-and-acetone_66162.html
December 12, 2014
Arkema says it has completed a share capital increase—with preferential subscription rights—that was launched on 19 November as part of the financing of the proposed acquisition of...
http://www.chemweek.com/newsletters/cbd/Arkema-completes-capital-increase-to-finance-Bostik-deal_66163.html
December 12, 2014
Company Today Yesterday Air Products (APD) 139.83 144.04 Airgas (ARG) 111.13 113.32 Albemarle (ALB) 56.29 58.34 Ashland (ASH) 116.15 116.87 Axiall Corp. (AXLL) 39.83 41.20 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66164.html
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