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November 11, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) says it has begun the process of restarting the ethylene plant at its Port Arthur, TX, facility. The company expects the plant to...
http://www.chemweek.com/newsletters/cbd/CPChem-restarts-Port-Arthur-TX-ethylene-plant_65295.html
November 11, 2014
Solvay says it has opened a new facility at Bad Wimpfen, Germany, to produce the synthetic building block 4-ethoxy-1,1,1-trifluoro-3-butene-2-one (ETFBO). Large active ingredient...
http://www.chemweek.com/newsletters/cbd/Solvay-opens-ETFBO-plant-in-Germany_65296.html
November 11, 2014
Ballooning trade deficits and how Latin American can emulate North America’s investment boon with its own shale gas resources dominated discussion at the 34th annual meeting of the...
http://www.chemweek.com/newsletters/cbd/APLA-2014-Capturing-new-feedstock-and-demand-opportunities_65293.html
November 10, 2014
Versalis, the chemicals subsidiary of ENI (Rome), will permanently shut down a complex producing xylenes and ethylbenzene at Sarroch, Italy, following the purchase of some downstream...
http://www.chemweek.com/newsletters/cbd/Versalis-will-launch-major-downsizing-in-Europe_65265.html
November 10, 2014
Dow Chemical says it will appeal a polyurethanes price-fixing class-action judgment to the US Supreme Court. In September, the US Court of Appeals for the Tenth Circuit affirmed a jury...
http://www.chemweek.com/newsletters/cbd/Dow-to-appeal-polyurethanes-decision-to-US-Supreme-Court_65266.html
November 10, 2014
Solvay’s spokesperson on Sunday declined to comment to CW on a report on Bloomberg that the company has hired Goldman Sachs and Credit Suisse Group to advise it in a possible sale of...
http://www.chemweek.com/newsletters/cbd/Solvay-seeking-to-divest-Acetow-business_65267.html
November 10, 2014
The executive board of Germany’s IG BCE (Hanover), representing workers in the chemical, mining, and energy sectors, says it has unanimously agreed its pay demands for the...
http://www.chemweek.com/newsletters/cbd/German-chemical-workers-to-demand-4-5-percent-pay-rises-in-2015_65268.html
November 10, 2014
Platform Specialty Products today commended a $350-million stock offering, the proceeds of which will help fund the $3.5-billion acquisition of Arysta Life Sciences. The offering is...
http://www.chemweek.com/newsletters/cbd/Platform-to-sell-shares-to-fund-Arysta-acquisition_65269.html
November 10, 2014
Styrolution (Fribourg, Switzerland), part of the Ineos group, said today that it intends to close permanently its 80,000 m.t./year polystyrene (PS) plant at Trelleborg, Sweden. The...
http://www.chemweek.com/newsletters/cbd/Styrolution-to-close-polystyrene-plant-in-Sweden_65270.html
November 10, 2014
Tata Chemicals reports a 91% rise in net profits for its fiscal second quarter, ended 30 September, compared with the year-ago period, to 2.57 billion Indian rupees ($42 million)...
http://www.chemweek.com/newsletters/cbd/Tata-Chemicals-reports-huge-rise-in-quarterly-profits_65271.html
November 10, 2014
Indorama Ventures (Bangkok) reports a 48.4% fall in profits for the third quarter of 2014 compared with the third quarter of 2013, to 618 million baht ($19 million). Third-quarter...
http://www.chemweek.com/newsletters/cbd/Indorama-reports-fall-in-third-quarter-profits_65272.html
November 10, 2014
APLA, the Latin American petrochemical annual meeting, is underway this week in Rio de Janeiro, Brazil. The event includes speakers from Dow, BASF, IHS Chemical, and Braskem, among...
http://www.chemweek.com/newsletters/cbd/Week-Ahead_65273.html
November 10, 2014
Company Today Friday Air Products (APD) 134.53 135.19 Airgas (ARG) 113.70 114.28 Albemarle (ALB) 61.32 61.15 Ashland (ASH) 111.32 109.62 Axiall Corp. (AXLL) 42.29 42.76 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_65274.html
November 10, 2014
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > Indian Oil mulls cracker based on US shale, revives acetic acid project. > DSM reports lower...
http://www.chemweek.com/newsletters/cbd/Week-of-3-9-November-2014_65275.html
November 7, 2014
LSB Industries (Oklahoma City, OK) reports a net loss of $3.8 million for the third quarter, versus income of $10.3 million in the year-ago period. Sales of $171 million were down 3%...
http://www.chemweek.com/newsletters/cbd/LSB-Industries-reports-$3-8-million-loss-on-maintenance-raw-material-costs_65237.html
November 7, 2014
PPG Industries says that Marcos Achar Levy, previously CEO of Consorcio Comex (Mexico City), has been appointed v.p./architectural coatings, Mexico and CEO of PPG – Comex. Earlier...
http://www.chemweek.com/newsletters/cbd/PPG-appoints-former-Comex-CEO-as-v-p-architectural-coatings-in-Mexico_65238.html
November 7, 2014
Tokuyama says that its Shin Dai-ichi Vinyl (Tokyo) joint venture will permanently shut its 80,000-m.t./year polyvinyl chloride (PVC) plant at Chiba, Japan. Tokuyama holds a 71% stake...
http://www.chemweek.com/newsletters/cbd/Tokuyama-to-shut-PVC-plant-at-Chiba_65239.html
November 7, 2014
Croda International today reported a 6.1% decline in third-quarter adjusted profit before tax, to £55.1 million ($87.3 million), on revenues down 3.3%, to £259.0 million. The company...
http://www.chemweek.com/newsletters/cbd/Croda-reports-lower-third-quarter-profits-and-revenues_65240.html
November 7, 2014
Company Today Yesterday Air Products (APD) 135.19 134.86 Airgas (ARG) 114.28 113.44 Albemarle (ALB) 61.15 60.83 Ashland (ASH) 109.62 108.56 Axiall Corp. (AXLL) 42.76 42.50 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_65241.html
November 7, 2014
Borealis, a leading polyolefins player in Europe and member of the International Petroleum Investment Co. (IPIC; Abu Dhabi)—which also includes Borouge, Nova Chemicals, and...
http://www.chemweek.com/newsletters/cbd/Borealis-to-start-shipping-US-ethane-in-2016-Borouge-delays-dent-results_65234.html
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