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August 18, 2014
Hanwha Chemical (Seoul) is acquiring a 50.71% stake in KPX Fine Chemical (Yeosu, South Korea) for 42 billion South Korean won ($40.8 million). The transaction is expected to close by 1...
http://www.chemweek.com/newsletters/cbd/Hanwha-Chemical-acquires-majority-stake-in-TDI-producer_63277.html
August 18, 2014
Sirius Minerals (London), which is developing the world’s largest and highest grade deposit of polyhalite, announced today the signing of an additional binding take-or-pay offtake...
http://www.chemweek.com/newsletters/cbd/Sirius-signs-potash-offtake-agreement-in-Central-America_63278.html
August 18, 2014
BHP Billiton (Melbourne) has confirmed that, as part of a plan to simplify its portfolio, it is favoring a demerger of non-core assets to concentrate on the iron ore, copper, coal and...
http://www.chemweek.com/newsletters/cbd/BHP-Billiton-confirms-demerger-plans_63273.html
August 18, 2014
Ineos Upstream, an Ineos subsidiary, has purchased the rights to explore for shale gas in the area around the group's Grangemouth, UK refinery complex, various local media sources...
http://www.chemweek.com/newsletters/cbd/Reports-Ineos-acquires-51-percent-stake-in-UK-shale-license_63274.html
August 18, 2014
Sahara Petrochemicals yesterday declared an emergency shutdown at its Al Waha Petrochemical subsidiary at Al Jubail, Saudi Arabia, a producer of propylene and polypropylene (PP). The...
http://www.chemweek.com/newsletters/cbd/Sahara-declares-emergency-shutdown-at-PP-complex_63275.html
August 18, 2014
Mexichem (Tlanelpantla, Mexico) has reached an agreement to acquire Dura-Line Corp. (Knoxville, TN) from private equity firm CHS Capital (Chicago) for $630 millon in cash and assumed...
http://www.chemweek.com/newsletters/cbd/Mexichem-acquires-US-based-HDPE-conduit-maker-for-$630-million_63272.html
August 15, 2014
Clariant will increase ether amines production at the company's Suzano, Brazil facility, the company announced today. The "multimillion Swiss franc" capacity expansion will be...
http://www.chemweek.com/newsletters/cbd/Clariant-to-expand-ether-amines-capacity-in-Brazil_63254.html
August 15, 2014
Momentive Specialty Chemicals (MSC) says it has selected the city of Curitiba, in the state of Parana, Brazil, as the location of its next forest products manufacturing site in Latin...
http://www.chemweek.com/newsletters/cbd/Momentive-selects-Brazil-site-for-forest-products-facility_63255.html
August 15, 2014
Quaker Chemical announced today that it has acquired specialty grease manufacturer ECLI Products, LLC (Aurora, IL) for $52 million. ECLI specializes in greases for OEM first-fill...
http://www.chemweek.com/newsletters/cbd/Quaker-buys-specialty-grease-firm_63256.html
August 15, 2014
Company Today Yesterday Air Products (APD) 132.42 132.48 Airgas (ARG) 108.71 109.47 Albemarle (ALB) 60.58 60.77 Ashland (ASH) 104.37 105.07 Axiall Corp. (AXLL) 40.50 39.94 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_63257.html
August 15, 2014
Sabic has announced that it is going ahead with majorly upgrading its olefins plant at Wilton, UK, to enable it to use ethane gas feedstock imported from the United States. The company...
http://www.chemweek.com/newsletters/cbd/Sabic-proceeds-with-converting-UK-cracker-to-use-US-ethane_63251.html
August 15, 2014
Hedge fund Third Point reports holding a 22-million share stake in Dow Chemical, valued at $1.1 billion, according to its second-quarter report on US-traded equity holdings filed with...
http://www.chemweek.com/newsletters/cbd/Third-Point-reports-1-8-percent-Dow-holding-Third-Point-Jana-take-stake-in-FMC_63252.html
August 15, 2014
Petronas (Kuala Lumpur) has announced more contract awards for its $16 billion Refinery and Petrochemical Integrated Development (Rapid) project at Pengerang, Johor State, Malaysia...
http://www.chemweek.com/newsletters/cbd/Petronas-awards-more-Rapid-contracts_63253.html
August 14, 2014
Company Today Yesterday Air Products (APD) 132.48 132.32 Airgas (ARG) 109.47 110.08 Albemarle (ALB) 60.77 61.20 Ashland (ASH) 105.07 104.18 Axiall Corp. (AXLL) 39.94 39.51 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_63203.html
August 14, 2014
Sener, Mexico's ministry of energy; and the National Hydrocarbons Commission (Mexico City) have assigned to Petróleos Mexicanos (Pemex) the rights to 83% of the country's probable and...
http://www.chemweek.com/newsletters/cbd/Pemex-awarded-reserves-it-requested-in-Mexico-energy-reform_63200.html
August 14, 2014
Momentive Specialty Chemicals (MSC) has announced a second-quarter net loss of $27 million, roughly flat year-on-year (YOY), on net sales up 7%, to $1.34 billion. The company, which is...
http://www.chemweek.com/newsletters/cbd/Momentive-Specialty-Chemicals-sales-rise_63201.html
August 14, 2014
DuPont Pioneer today announced plans to build a $35-million soybean research facility at its Stine Haskell Research Center at Newark, DE. The nearly 134,000 square foot facility will...
http://www.chemweek.com/newsletters/cbd/DuPont-plans-$35-million-soybean-research-facility_63202.html
August 14, 2014
Borealis today reported improved second-quarter results and said that the recently signed contract with North American ethane suppliers will reduce its operating costs in Europe. Mark...
http://www.chemweek.com/newsletters/cbd/Borealis-reports-higher-profits-ethane-deal-will-reduce-costs-significantly_63198.html
August 14, 2014
Apple says it will ban the use of benzene and n-hexane in the final assembly of its electronics as part of a renewed effort to eliminate unsafe work conditions since the addition of...
http://www.chemweek.com/newsletters/cbd/Apple-bans-benzene-n-hexane-from-final-product-assembly_63199.html
August 14, 2014
The CW75 index increased 0.7% for the week ended 12 August, rising above the MSCI World Index, which was flat, and in line with the S&P 500, which also rose 0.7%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_63197.html
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