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February 8, 2016
A. Schulman announced Monday it has expanded its existing compounding capacity by adding two new production lines to its Kerpen, Germany plant. The company has also invested in a fully...
http://www.chemweek.com/newsletters/cbd/A-Schulman-expands-compounding-capabilities_77001.html
February 8, 2016
Pilot Chemical has named Michael Scott to replace Pam Butcher as president. Butcher, who is current president and CEO, will remain in the CEO position. Scott will lead corporate...
http://www.chemweek.com/newsletters/cbd/Pilot-Chemical-names-new-president_77002.html
February 8, 2016
Saudi International Petrochemical Co. (Sipchem; Al Jubail) said on Monday that it has completed the acquisition of Ikarus Petroleum Industries Co.’s (Shouweikh, Kuwait) stake in two...
http://www.chemweek.com/newsletters/cbd/Sipchem-completes-purchase-of-Ikarus-share-in-acetyls-affiliates_77003.html
February 8, 2016
Indian Oil Corp. (New Delhi), on 7 February, commissioned its previously announced new 15 million-m.t./year refinery at Paradip, India. The refinery is expected to form part of the...
http://www.chemweek.com/newsletters/cbd/Indian-Oil-commissions-refinery_77004.html
February 8, 2016
Sibur (Moscow) says it has elected new members to the management board of Sibur Holding. They are Dmitry Konov, chairman and CEO; Alexey Kozlov, managing director/business...
http://www.chemweek.com/newsletters/cbd/Sibur-Holding-elects-board-members_77005.html
February 5, 2016
The mood among fine and specialty chemical manufacturers is still mostly upbeat, despite sluggish growth or recession in some emerging markets and increasing pressure on prices...
http://www.chemweek.com/newsletters/cbd/Informex-2016-Fine-chemicals-still-upbeat-as-capacity-moves-back-to-US_76979.html
February 5, 2016
Indian Prime Minister Narendra Modi on Friday officially inaugurated the long-delayed 100 billion Indian rupees ($1.48 billion) Brahmaputra Cracker and Polymer complex at Lepetkata...
http://www.chemweek.com/newsletters/cbd/Assam-gas-cracker-complex-inaugurated_76980.html
February 5, 2016
Dow Corning (Midland, MI) reports fourth-quarter net income of $193 million, up over 400% year-over-year (YOY) from $37 million. Sales declined 12% YOY to $1.47 billion. Adjusted net...
http://www.chemweek.com/newsletters/cbd/Dow-Corning-reports-net-income-of-$193-million_76981.html
February 5, 2016
Air Liquide on Friday announced the acquisition by its subsidiary Schülke of Vic Pharma, which is active in the hygiene and hospital disinfection in Brazil. Vic Pharma, founded in...
http://www.chemweek.com/newsletters/cbd/Air-Liquide-buys-Vic-Pharma_76982.html
February 5, 2016
Maire Tecnimont said says its subsidiaries Tecnimont and Kinetics Technology have signed an engineering, procurement and construction contract with Socar Polymer (Baku) for the...
http://www.chemweek.com/newsletters/cbd/Maire-Tecnimont-awarded-EPC-contract-for-PE-plant_76983.html
February 5, 2016
OxyChem, the chemical segment of Occidental Petroleum, reports pre-tax core earnings for the fourth quarter of $116 million, down 27.5% year-over-year (YOY) from $160 million. Revenues...
http://www.chemweek.com/newsletters/cbd/OxyChem-earnings-down-27-5-percent-YOY-on-caustic_76984.html
February 5, 2016
Sensient Technologies (Milwaukee) has reported sales of $339.2 million in the fourth quarter of 2015, compared with $342.8 million in the corresponding period in 2014. Operating income...
http://www.chemweek.com/newsletters/cbd/Sensient-reports-fall-in-sales_76985.html
February 5, 2016
Company Today Yesterday Air Products (APD) 135.47 135.49 Airgas (ARG) 140.25 140.22 Albemarle (ALB) 51.47 52.82 Ashland (ASH) 93.14 95.78 Axalta (AXTA) 22.60 23.67 Axiall Corp. (AXLL)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_76986.html
February 4, 2016
The CW75 index declined 0.8% for the week ended 2 February, lagging both the S&P 500, which was flat and also the MSCI World Index, which was up 2.9%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_76952.html
February 4, 2016
W.R. Grace says it has completed its previously announced separation into two, independent companies. GCP Applied Technologies (Cambridge, MA), which includes Grace's former...
http://www.chemweek.com/newsletters/cbd/Grace-completes-split_76958.html
February 4, 2016
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits decreased by 58.3% in its fiscal first nine months, ended 31 December 2015, compared with the...
http://www.chemweek.com/newsletters/cbd/Mitsubishi-Chemical-Holdings-profits-fall_76959.html
February 4, 2016
In the wake of ChemChina's $43.3 billion recommended bid for Syngenta, announced on Wednesday, speculation is growing as to the next, and possibly final, move in the agricultural...
http://www.chemweek.com/newsletters/cbd/More-consolidation-for-agchems_76960.html
February 4, 2016
Dow plans to shut down 20% of its Deer Park, TX, acrylates capacity in response to poor market conditions. The company says it will also optimize turnaround and structural costs and...
http://www.chemweek.com/newsletters/cbd/Dow-cuts-acrylates-at-Deer-Park_76961.html
February 4, 2016
Haldor Topsoe announced on Thursday that it has signed a contract with Badr-e-Shargh Petrochemical complex covering the license, engineering, proprietary equipment, materials and...
http://www.chemweek.com/newsletters/cbd/Haldor-inks-Iran-methanol-contract_76962.html
February 4, 2016
Royal Dutch Shell says chemical sales volumes increased 7% year-on-year (YOY) in the fourth quarter of 2015, to 4.18 million m.t. Shell’s chemical manufacturing plant availability...
http://www.chemweek.com/newsletters/cbd/Shell-chemical-volumes-increase_76963.html
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