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March 13, 2015
Shell Chemicals announced today that it has completed revamping its Wesseling, Germany, steam cracker, improving energy efficiency and boosting production volumes. Modifications to...
http://www.chemweek.com/newsletters/cbd/-Chemicals-completes-cracker-revamp-in-Germany_68564.html
March 13, 2015
Potash producer K+S's (Kassel, Germany) operating earnings (Ebit) during the last quarter of 2014 were €130.4 million ($138.6 million), up 30% year-on-year (YOY), despite higher...
http://www.chemweek.com/newsletters/cbd/K+Ss-operating-profit-soars_68565.html
March 13, 2015
One Rock Capital (New York), a private equity firm associated with Mitsubishi Corporation, has purchased a stake in Compass Chemical (Smyrna, GA), a maker of organophosphates. Terms of...
http://www.chemweek.com/newsletters/cbd/One-Rock-Capital-buys-stake-in-Compass-Chemical_68566.html
March 13, 2015
Company Today Yesterday Air Products (APD) 151.45 153.05 Airgas (ARG) 114.57 114.99 Albemarle (ALB) 53.00 53.48 Ashland (ASH) 122.26 125.10 Axiall Corp. (AXLL) 46.09 46.32 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_68567.html
March 12, 2015
The CW 75 index declined 2.3% for the week ended 10 March, a narrower loss than the S&P 500, which fell 3.0%, and the MSCI World Index, which declined 3.5%. Basic chemical shares...
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_68506.html
March 12, 2015
Solvay says that it has agreed with Emery Oleochemicals (Shah Alam, Malaysia) and chemical company ERCA (Grassobbio, Italy), to buy their jointly-owned new alkoxylation facility—ERCA...
http://www.chemweek.com/newsletters/cbd/Solvay-to-acquire-alkoxylation-plant-in-the-Netherlands_68480.html
March 12, 2015
Prayon (Engis, Belgium), a leading producer of phosphate raw material and fertilizers, has announced a price increase of its phosphate products worldwide. The increase of around...
http://www.chemweek.com/newsletters/cbd/Prayon-raises-phosphate-prices_68481.html
March 12, 2015
Saudi Kayan, a Sabic affiliate, said today that it had to extend its steam cracker maintenance period by an additional 10 days after discovering a technical fault. The company...
http://www.chemweek.com/newsletters/cbd/Kayan-extends-maintenance-at-Jubail-halts-PE-production_68482.html
March 12, 2015
Nihon Nohyaku (Tokyo) says it has completed the acquisition of Hyderabad Chemical Ltd. (Hyderabad, India). Nihon Nohyaku said in November that it was to acquire a 74% stake in...
http://www.chemweek.com/newsletters/cbd/Nihon-Nohyaku-completes-Hyderabad-Chemical-deal_68483.html
March 12, 2015
Company Today Yesterday Air Products (APD) 153.05 152.42 Airgas (ARG) 114.99 114.44 Albemarle (ALB) 53.48 53.63 Ashland (ASH) 125.10 124.53 Axiall Corp. (AXLL) 46.32 46.20 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_68484.html
March 12, 2015
Shin-Etsu Chemical said today that it plans to strengthen its silicones business through expansion of capacity in Thailand and the establishment of a new technical center in the United...
http://www.chemweek.com/newsletters/cbd/Shin-Etsu-to-expand-silicones-in-Thailand-build-US-tech-center_68477.html
March 12, 2015
Activist hedge fund Trian Fund Management (New York) today released a letter to DuPont management commenting on fund founder and CEO Nelson Peltz’s experience on corporate boards...
http://www.chemweek.com/newsletters/cbd/Trian-releases-new-letter-seeks-Chemours-board-seats_68478.html
March 12, 2015
Sappi (Johannesburg) said on Wednesday that it will locate a ground-breaking pilot plant for low-cost production of cellulose nanofibrils (CNF) at the Brightlands Chemelot campus at...
http://www.chemweek.com/newsletters/cbd/Sappi-to-build-nanocellulose-pilot-plant-in-the-Netherlands_68479.html
March 11, 2015
Arkema says that it plans to expand significantly its Kepstan polyetherketoneketone (PEKK) super polymer business. The company will double capacity in France by 2016 and build a...
http://www.chemweek.com/newsletters/cbd/Arkema-to-double-PEKK-capacity-in-France-build-plant-in-US_68449.html
March 11, 2015
Technip says that it has been awarded a contract by Qingdao Soda Ash Industrial New Material & Technology Co. to provide technology, engineering, selected critical equipment, and...
http://www.chemweek.com/newsletters/cbd/Technip-wins-contract-for-China-EBSM-plant_68450.html
March 11, 2015
PPG Industries is increasing precipitated silica production capacity at the company’s Delfzijl, Netherlands, site by more than 15,000 m.t./year, due in part to growing worldwide...
http://www.chemweek.com/newsletters/cbd/PPG-to-expand-precipitated-silica-at-Netherlands-site_68451.html
March 11, 2015
Industrialisation and Energy Services Co. (Taqa) says it has entered into a joint venture with Halliburton Multi-Chem to establish a chemicals manufacturing plant at Jubail, Saudi...
http://www.chemweek.com/newsletters/cbd/Taqa-Halliburton-sign-deal-for-chemicals-plant-at-PlasChem-park_68452.html
March 11, 2015
Methanol Chemicals Co. (Chemanol; Ad Dammām, Saudi Arabia), a producer of methanol-based chemicals, says that it is rethinking plans to build a sulfonated naphthalene formaldehyde...
http://www.chemweek.com/newsletters/cbd/Chemanol-rethinks-sulfonated-naphthalene-formaldehyde-plant_68453.html
March 11, 2015
US Senators David Vitter (R-LA) and Tom Udall (D-NM) yesterday introduced the Frank R. Lautenberg Chemical Safety for the 21st Century Act, major bipartisan legislation aimed at...
http://www.chemweek.com/newsletters/cbd/Industry-welcomes-latest-bipartisan-TSCA-reform-bill_68441.html
March 11, 2015
Evonik Industries says it intends to strengthen its global catalysts business and to this end today signed an agreement with Monarch Catalyst Pvt. (Dombivli, India) to acquire 100% of...
http://www.chemweek.com/newsletters/cbd/Evonik-Industries-to-acquire-Monarch-Catalyst_68442.html
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