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January 16, 2015
National Fertilizers Ltd. (NFL), Engineers India, and Fertilizer Corporation of India earlier this week signed an agreement to form a joint venture to construct a fertilizer complex...
http://www.chemweek.com/newsletters/cbd/Indian-firms-form-joint-venture-to-build-fertilizer-complex_66951.html
January 16, 2015
Company Today Yesterday Air Products (APD) 137.45 139.51 Airgas (ARG) 110.15 111.56 Albemarle (ALB) 57.73 58.13 Ashland (ASH) 119.18 118.69 Axiall Corp. (AXLL) 41.57 40.39 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66952.html
January 16, 2015
Following an announcement Wednesday that Qatar Petroleum (QP) and Shell are halting work on their $6.5-billion Al Karaana joint venture project, Qatar has announced that it is carrying...
http://www.chemweek.com/newsletters/cbd/Qatar-may-replace-Shell-with-other-partners-in-petchems-project_66945.html
January 16, 2015
Ube Industries announced today that it has bought a majority stake in Advanced Electrolyte Technologies (AET; Midland, MI) and intends to raise its stake further by end of March. AET...
http://www.chemweek.com/newsletters/cbd/Ube-Industries-buys-Dow-out-of-electrolytes-joint-venture_66946.html
January 16, 2015
Declining crude oil futures, ample supply, and weaker propylene prices in Asia are maintaining downward pressure on the US market for propylene. The continued weakness, which follows...
http://www.chemweek.com/newsletters/cbd/Weak-fundamentals-persist-for-propylene-in-the-US_66947.html
January 16, 2015
Reliance Industries says net profits for the company’s fiscal third quarter, ended 31 December 2014, decreased 4.5% compared with the same period of the previous fiscal year, to...
http://www.chemweek.com/newsletters/cbd/Reliance-Industries-reports-fall-in-profits_66948.html
January 15, 2015
The CW 75 index increased 2.1% for the week ended 13 January, outpacing both the S&P 500 and the MSCI World Index, which rose by 1.4% and 1.0%, respectively....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_66873.html
January 15, 2015
Teijin says that its Teijin DuPont Films polyester films joint venture with DuPont will permanently shut its production facility at Anpachi, Gifu Prefecture, Japan. The move is aimed...
http://www.chemweek.com/newsletters/cbd/Teijin-DuPont-Films-to-close-plant_66868.html
January 15, 2015
Company Today Yesterday Air Products (APD) 139.51 142.35 Airgas (ARG) 111.56 112.48 Albemarle (ALB) 58.13 60.42 Ashland (ASH) 118.69 120.11 Axiall Corp. (AXLL) 40.39 42.20 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66869.html
January 15, 2015
PPG Industries today reported fourth-quarter net income from continuing operations of $86 million, or 62 cts/share, down 64% year-on-year (YOY), on sales up 6%, to $3.71 billion. A...
http://www.chemweek.com/newsletters/cbd/PPG-beats-estimates-on-solid-volumes_66862.html
January 15, 2015
Bayer MaterialScience (BMS), the business currently being carved out from the rest of Bayer with plans to list it on the Frankfurt Stock Exchange, today unveiled a breakthrough...
http://www.chemweek.com/newsletters/cbd/BMS-to-commercialize-biobased-polyurethane_66863.html
January 15, 2015
H.B. Fuller last night reported fiscal fourth-quarter net income down by nearly half year-on-year (YOY), to $10.8 million, or 21 cts/share, on revenues up 2.7%, to $547.7 million...
http://www.chemweek.com/newsletters/cbd/H-B-Fuller-earnings-fall-despite-higher-sales_66864.html
January 15, 2015
Prompt aromatics moved up in the US market yesterday, as prices firmed on the back of stronger crude oil futures. NYMEX West Texas Intermediate crude futures had their strongest gain...
http://www.chemweek.com/newsletters/cbd/Aromatics-prices-rise-in-the-US_66865.html
January 15, 2015
Boardwalk Pipeline Partners (Houston) says that it has no timeline for when the Evangeline ethylene pipeline system will be back up and running. The Evangeline pipeline, which...
http://www.chemweek.com/newsletters/cbd/Boardwalk-No-timeframe-to-bring-ethylene-pipeline-back-online_66866.html
January 15, 2015
The US ethylene market picked up slightly early yesterday on news that two steam crackers were offstream in Texas. ExxonMobil Chemical was having issues with a cracker at its Beaumont...
http://www.chemweek.com/newsletters/cbd/Ethylene-prices-up-in-the-US-on-cracker-issues-in-Texas_66867.html
January 14, 2015
Platform Specialty Products says it plans to raise $2 billion from senior notes and term loans to fund its $3.5-billion acquisition of agricultural chemicals firm Arysta. Platform says...
http://www.chemweek.com/newsletters/cbd/Platform-raises-$2-billion-to-fund-Arysta-purchase_66823.html
January 14, 2015
The European Union will devolve to its 28 individual member states the power to authorize the cultivation of genetically modified (GM) crops, allowing national governments to either...
http://www.chemweek.com/newsletters/cbd/New-law-widens-opportunity-for-cultivation-of-GM-crops-in-Europe_66824.html
January 14, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) says that its board of directors, on 12 January, approved the appointment of Kobi Altman as executive v.p. and CFO of the company, effective 1...
http://www.chemweek.com/newsletters/cbd/ICL-appoints-new-CFO_66825.html
January 14, 2015
Influential international shareholders have supported Sika management's battle to thwart a partial $2.78-billion bid from Saint-Gobain that would give the latter control of Sika. Sika...
http://www.chemweek.com/newsletters/cbd/International-investors-back-Sika-management-in-battle-against-family-and-Saint-Gobain_66826.html
January 14, 2015
The availability of pyrolysis gasoline (pygas) has lengthened in Europe, leading to export shipments to the United States totaling an estimated 50,000 m.t. in the past month. Pygas is...
http://www.chemweek.com/newsletters/cbd/Competing-cracker-benzene-dynamics-create-glut-of-pygas-in-Europe_66827.html
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