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April 4, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has broken ground on its US Gulf Coast (USGC) Petrochemicals Project at the Cedar Bayou plant in Baytown, TX. The USGC project...
http://www.chemweek.com/newsletters/cbd/CP-Chem-breaks-ground-on-planned-Cedar-Bayou-cracker_60123.html
April 4, 2014
Sherwin-Williams (SW) announced today that it is terminating its agreement to acquire Mexican paint supplier Comex, which has run into antitrust issues in Mexico. SW has already...
http://www.chemweek.com/newsletters/cbd/Sherwin-Williams-terminates-Comex-Mexico-acquisition_60124.html
April 4, 2014
Gazprom on Thursday held discussions with Ukraine’s energy group Naftogaz of Ukraine (Kiev) urging the company to settle the accumulated debt for the supply of natural gas. Gazprom...
http://www.chemweek.com/newsletters/cbd/Gazprom-urges-Ukraine-to-settle-gas-debt-Odessa-stops-fertilizer-output-at-one-plant_60125.html
April 3, 2014
RPM reported net income for the fiscal quarter ended 28 February of $16.2 million compared to a net loss of $42.4 million in the same year-ago quarter. Earnings of 12 cts/share were...
http://www.chemweek.com/newsletters/cbd/RPM-earnings-up-on-strength-in-industrial-segment_60066.html
April 3, 2014
Company Today Yesterday Air Products (APD) 122.12 120.67 Airgas (ARG) 107.91 107.50 Albemarle (ALB) 67.15 66.82 Ashland (ASH) 98.77 99.63 Axiall Corp. (AXLL) 47.53 46.36 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_60067.html
April 3, 2014
Momentive Performance Materials (MPM; Albany, NY), the silicones and quartz subsidiary of Momentive, is considering a bankruptcy filing as part of ongoing negotiations to reduce debt...
http://www.chemweek.com/newsletters/cbd/Momentive-Performance-Materials-considers-bankruptcy-filing_60060.html
April 3, 2014
The board of Petronas (Kuala Lumpur) has approved the final investment decision for the Pengerang Integrated Complex (PIC) project in the southern Malaysian state of Johor, the company...
http://www.chemweek.com/newsletters/cbd/Petronas-to-go-ahead-with-Rapid-project-in-Malaysia_60061.html
April 3, 2014
La Seda de Barcelona's (El Prat de Llobregat, Spain) assets at El Prat and Tarragona, Spain have been acquired by Cristian Lay (Jerez de los Caballeros, Spain), Cristian Lay announced...
http://www.chemweek.com/newsletters/cbd/Cristian-Lay-acquires-La-Seda-EO-EG-and-PET-assets-in-Spain_60062.html
April 3, 2014
BASF and Toda Kogyo Corp. (Tokyo) announced today that they will enter exclusive negotiations to form a joint venture in Japan for cathode active materials. Toda Kogyo is one of the...
http://www.chemweek.com/newsletters/cbd/BASF-Toda-Kogyo-negotiate-cathode-materials-jv-in-Japan_60063.html
April 3, 2014
Maire Tecnimont (Rome) says its subsidiary Kinetics Technology has been awarded two contracts by Total Olefins Antwerp for the implementation of its refinery offgas project at Antwerp...
http://www.chemweek.com/newsletters/cbd/Total-Olefins-Antwerp-awards-feedstock-enhancement-contract_60064.html
April 3, 2014
Petroquímica de Venezuela (Pequiven), Braskem, and construction company Norberto Odebrecht (Salvador, Brazil) will build an ammonia and granulated urea plant at Pequiven's José...
http://www.chemweek.com/newsletters/cbd/Pequiven-Braskem-Odebrecht-to-build-ammonia-production-urea-granulation-plant-in-Venezuela_60065.html
April 3, 2014
The CW75 index rose 1% for the week ended 1 April, falling below the MSCI World Index, which grew 1.7%, but flat compared with the S&P 500, which also rose 1%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_60057.html
April 2, 2014
Oxea has announced plans to increase its European capacity for dioctyl terephthalate (DOTP) by 50,000 m.t./year by the fourth quarter of 2015, to meet growing demand. The company has...
http://www.chemweek.com/newsletters/cbd/Oxea-to-form-JV-in-Germany_60026.html
April 2, 2014
Soybean sales and margin expansion lifted Monsanto's second-quarter results above expectations. The company reports net income of $1.67 billion for its fiscal second quarter ended 28...
http://www.chemweek.com/newsletters/cbd/Monsanto-tops-estimates-on-strong-soybean-results_60013.html
April 2, 2014
Agricultural chemical company UPL (Mumbai), which was known as United Phosphorus until last October, informed the Bombay Stock Exchange (Mumbai) on 1 April that it has entered into an...
http://www.chemweek.com/newsletters/cbd/UPL-exits-agchem-JV_60014.html
April 2, 2014
The US FDA issued a warning letter on 18 March to the active pharmaceutical ingredient (API) manufacturing facility of GlaxoSmithKline (GSK; London) located at Carrigaline in the...
http://www.chemweek.com/newsletters/cbd/FDA-issues-warning-letter-to-GSK_60015.html
April 2, 2014
Synthos (Oswiecim, Poland) has announced plans to invest about $170 million in a new synthetic rubber plant at Triunfo, Brazil. The plant will produce neodymium catalyzed polybutadiene...
http://www.chemweek.com/newsletters/cbd/Synthos-plans-Nd-PBR-plant_60016.html
April 2, 2014
Praxair announced today that it has acquired Lake Welding Supply Company (Lake; Muskegon, MI), an independent gas and welding products distributor in Western Michigan. Financial terms...
http://www.chemweek.com/newsletters/cbd/Praxair-buys-Michigan-gas-distributor_60017.html
April 2, 2014
Kem One (Lyon, France) has launched a project to convert the electrolysis technology at the company's Lavéra, France, chlor-alkali plant from mercury-cell and diaphragm, to bipolar...
http://www.chemweek.com/newsletters/cbd/Kem-One-to-convert-technology-at-Lavra-chlor-alkali-plant_60018.html
April 2, 2014
Delegates to today’s sessions of the Euro Chlor Technology conference in Madrid were given a glimpse into what the chlor-alkali and vinyls industries may look like in the next few...
http://www.chemweek.com/newsletters/cbd/Euro-Chlor-European-chlor-alkali-and-vinyls-industry-in-transition_60019.html
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