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March 24, 2015
LyondellBasell today announced plans to expand triethylene glycol (TEG) production capacity at the company's existing ethylene oxide (EO) and ethylene glycol (EG) plant at Pasadena...
http://www.chemweek.com/newsletters/cbd/LyondellBasell-to-increase-triethylene-glycol-capacity_68859.html
March 24, 2015
The US Coast Guard said on Monday that traffic within the Houston Ship Channel is almost back to normal as a backlog of vessels was still being cleared out. Traffic has been heavy in...
http://www.chemweek.com/newsletters/cbd/Houston-Ship-Channel-traffic-moving-back-to-normal_68860.html
March 23, 2015
Sika board of directors and management have notched up another victory in their battle to prevent control of the Swiss building chemical company falling into the hands of France’s...
http://www.chemweek.com/newsletters/cbd/Court-upholds-Sikas-power-to-restrict-family-voting-rights_68820.html
March 23, 2015
DuPont today filed proxy materials with the US SEC, recommending that shareholders vote for its 12 board nominees in its ongoing fight with activist hedge fund Trian Fund Management...
http://www.chemweek.com/newsletters/cbd/DuPont-releases-proxy-materials-in-Trian-fight_68821.html
March 23, 2015
Kemira says that its previously announced acquisition of AkzoNobel's global paper chemical business is now expected to be completed in the second quarter. Kemira announced last July...
http://www.chemweek.com/newsletters/cbd/Close-of-Kemira-AkzoNobel-paper-chemicals-deal-delayed-until-second-quarter_68822.html
March 23, 2015
Austin Exploration (Melbourne, Australia) says today that it has formed a joint venture with Pierre Energy Partners to develop the former’s shale oil prospects in Fremont County, CO...
http://www.chemweek.com/newsletters/cbd/Austin-Exploration-forms-JV-to-drill-for-shale-oil-in-Colorado_68823.html
March 23, 2015
Orica (Melbourne) today announced the appointment of Alberto Calderon as interim managing director and CEO, effective immediately. Orica’s managing director and CEO Ian Smith agreed...
http://www.chemweek.com/newsletters/cbd/Orica-appoints-interim-CEO_68824.html
March 23, 2015
The 30th annual IHS World Petrochemical Conference gets underway tomorrow in Galveston, TX. The conference, which runs through Friday, features petrochemicals leaders from around the...
http://www.chemweek.com/newsletters/cbd/Week-Ahead_68825.html
March 23, 2015
Company Today Friday Air Products (APD) 152.50 153.07 Airgas (ARG) 105.44 108.71 Albemarle (ALB) 52.31 52.11 Ashland (ASH) 128.30 127.22 Axiall Corp. (AXLL) 43.76 44.66 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_68826.html
March 23, 2015
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > BASF reports higher earnings on flat sales, starts up plants. > BASF chooses Freeport, TX, for...
http://www.chemweek.com/newsletters/cbd/Week-of-16-22-March-2015_68827.html
March 23, 2015
China National Chemical Corp. (ChemChina; Beijing) has reached agreement to purchase Camfin's (CF) 26.2% stake in Italian tire maker Pirelli at €15/share ($16.40/share). ChemChina...
http://www.chemweek.com/newsletters/cbd/ChemChina-to-acquire-controlling-stake-in-tire-maker-Pirelli_68819.html
March 20, 2015
South Korea’s benzene exports in March are expected to fall for a third straight month, data obtained by IHS Chemical shows. Over 1-19 March, benzene cargoes leaving the country are...
http://www.chemweek.com/newsletters/cbd/South-Koreas-benzene-exports-seen-to-fall-for-a-third-straight-month_68789.html
March 20, 2015
BASF says that a consortium of companies in biotechnology, renewable resources, chemistry, process engineering, and equipment supply in the European process industry, as well as...
http://www.chemweek.com/newsletters/cbd/BASF-and-partners-to-work-on-renewables-production-processes_68790.html
March 20, 2015
Company Today Yesterday Air Products (APD) 153.07 151.66 Airgas (ARG) 108.71 112.85 Albemarle (ALB) 52.11 51.68 Ashland (ASH) 127.22 124.70 Axiall Corp. (AXLL) 44.66 45.15 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_68791.html
March 20, 2015
Syngenta today gave the first update on progress towards meeting the six ambitious commitments under The Good Growth Plan initiative, which was launched in 2013 to support the future...
http://www.chemweek.com/newsletters/cbd/Syngenta-provides-update-on-growth-initiative_68785.html
March 20, 2015
Altana (Wesel, Germany) announced today sales of €1.95 billion ($2.09 billion) in full-year 2014 compared with sales of €1.77 billion in 2013, an increase of 11% year-on-year...
http://www.chemweek.com/newsletters/cbd/Altana-achieves-double-digit-sales-and-Ebitda-growth-in-2014_68786.html
March 20, 2015
The provincial government of Saskatchewan is implementing interim changes to potash taxation. The province is changing the way in which potash companies can claim capital expenditures...
http://www.chemweek.com/newsletters/cbd/Saskatchewan-introduces-changes-to-potash-taxation-PotashCorp-disappointed_68787.html
March 20, 2015
Hengli Petrochemical (Dalian, China) has started up its third purified terephthalic acid (PTA) plant at Dalian, Invista Performance Technologies (IPT) says. “The 2.2 million-m.t. PTA...
http://www.chemweek.com/newsletters/cbd/Hengli-Petrochemical-starts-up-third-PTA-plant-at-Dalian_68788.html
March 19, 2015
The CW 75 index increased 0.3% for the week ended 18 March, lagging the S&P 500, which rose 1.5%, and the MSCI World Index, which increased 1.4%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_68719.html
March 19, 2015
Lanxess today reported substantially improved operating result and net income in fiscal 2014. While sales declined 3.5% to €8.01 billion ($8.62 billion), Ebitda pre-exceptionals...
http://www.chemweek.com/newsletters/cbd/Lanxess-improves-earnings-to-close-EPDM-plant_68709.html
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