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December 10, 2014
Indonesia’s state owned energy group Pertamina (Jakarta) says it has concluded partnership agreements with three companies to upgrade and double the capacities of its five...
http://www.chemweek.com/newsletters/cbd/Pertamina-signs-$25-billion-refinery-upgrade-MOUs_66052.html
December 10, 2014
Former Solutia chairman and CEO Jeffry Quinn, currently founder and managing member of Quinpario Partners (New York), will be launching a capital management firm—called Quinpario...
http://www.chemweek.com/newsletters/cbd/Quinn-to-launch-capital-management-firm_66053.html
December 10, 2014
Sirius Minerals (London) said today that Rachel Rhodes, CFO, will leave the company on 19 December 2014. Thomas Staley, whose appointment as corporate development director was...
http://www.chemweek.com/newsletters/cbd/Sirius-Minerals-appoints-CFO_66054.html
December 10, 2014
Novus International (St. Charles, MO) says it will expand US methionine feed additive capacity by 120,000 m.t./year by 2020. Novus says it is currently evaluating sites on the US Gulf...
http://www.chemweek.com/newsletters/cbd/Novus-to-expand-methionine_66055.html
December 10, 2014
Evonik Industries says it has started up two new facilities producing crosslinking activators at its multi-user site at Wesseling, Germany. The facilities produce triallyl cyanurate...
http://www.chemweek.com/newsletters/cbd/Evonik-commissions-crosslinking-activator-units-in-Germany_66056.html
December 10, 2014
Company Today Yesterday Air Products (APD) 142.77 144.19 Airgas (ARG) 112.64 113.85 Albemarle (ALB) 59.53 61.50 Ashland (ASH) 117.21 117.24 Axiall Corp. (AXLL) 42.25 43.63 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66057.html
December 10, 2014
PhosAgro (Moscow), a leading producer of fertilizers, has signed a contract with GEA Messo (Duisburg, Germany) for the design, delivery, and assembly of equipment for an ammonium...
http://www.chemweek.com/newsletters/cbd/PhosAgro-to-build-large-ammonium-sulfate-plant-in-Russia_66058.html
December 10, 2014
Tecnimont (Milan), a Maire Tecnimont (Rome) subsidiary, has signed a memorandum of understanding (MOU)—which will be converted into an engineering, procurement, and construction...
http://www.chemweek.com/newsletters/cbd/Tecnimont-to-build-fertilizer-complex_66059.html
December 10, 2014
Bharat Petroleum Corp. Ltd. (BPCL; Mumbai) has informed the Bombay Stock Exchange that its board has given approval for the company to diversify into petrochemicals at an estimated...
http://www.chemweek.com/newsletters/cbd/Bharat-approves-diversification_66060.html
December 10, 2014
Cefic says that it expects chemical output is to continue growing in 2015, but that expectations about the pace of European and global economic growth have weakened. Chemical...
http://www.chemweek.com/newsletters/cbd/Cefic-cuts-forecast-for-2015-European-chemical-output-to-1-percent_66047.html
December 10, 2014
DuPont has reached agreement to sell its Neoprene polychloroprene business to Denka Performance Elastomer, a new joint venture owned 70% by Denki Kagaku Kogyo (Denka; Tokyo) and 30% by...
http://www.chemweek.com/newsletters/cbd/DuPont-to-sell-Neoprene-elastomer-business_66048.html
December 10, 2014
BASF says that it will build a new, world-scale chemical catalysts production facility at the company’s existing site in the Shanghai Chemical Industry Park at Caojing, China. The...
http://www.chemweek.com/newsletters/cbd/BASF-to-build-catalysts-plant_66049.html
December 9, 2014
Bayer MaterialScience today announced the conclusion of a major capital expenditure project in Germany bringing onstream an “ultra-efficient and resource-conserving” world-scale...
http://www.chemweek.com/newsletters/cbd/Bayer-MaterialScience-inaugurates-TDI-plant-in-Germany_65997.html
December 9, 2014
Solvay announces today that it is acquiring Dhaymers (Taboão da Serra, Brazil), a producer of specialty esters, entering the skin care market and expanding its presence in industrial...
http://www.chemweek.com/newsletters/cbd/Solvay-acquires-specialty-esters-producer-in-Brazil_65998.html
December 9, 2014
Activist hedge fund Barrington Capital (New York) today continued its campaign against Omnova management by nominating three directors to the company’s board, to stand at Omnova’s...
http://www.chemweek.com/newsletters/cbd/Activist-hedge-fund-nominates-three-Omnova-directors_65999.html
December 9, 2014
Air Liquide held a groundbreaking ceremony on 8 December for a new air separation unit (ASU) that will produce oxygen, nitrogen, and argon at its production facility at Port Neches...
http://www.chemweek.com/newsletters/cbd/Air-Liquide-builds-ASU-in-Texas_66000.html
December 9, 2014
Monsanto says its agriculture analytics division Climate Corporation (San Francisco) has acquired 640 Labs, an agricultural technology startup based in Chicago. Financial terms were...
http://www.chemweek.com/newsletters/cbd/Monsanto-adds-Chicago-start-up-to-precision-ag-portfolio-_66001.html
December 9, 2014
Sumitomo Chemical and Monsanto say that they have entered into long-term agreements to collaborate on weed management in Brazil and Argentina, expanding their ongoing strategic...
http://www.chemweek.com/newsletters/cbd/-expands-weed-management-collaboration-with-Sumitomo_66002.html
December 9, 2014
Victrex (Thornton Cleveleys, UK), a producer of high-performance polymers, including polyether ether ketone (PEEK), today announced its preliminary results for the financial year ended...
http://www.chemweek.com/newsletters/cbd/Victrex-reports-higher-sales_66003.html
December 9, 2014
Company Today Yesterday Air Products (APD) 144.19 146.25 Airgas (ARG) 113.85 115.90 Albemarle (ALB) 61.50 62.25 Ashland (ASH) 117.24 117.32 Axiall Corp. (AXLL) 43.63 44.83 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66004.html
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