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May 17, 2013
Oxea has announced that it has completed a previously announced feasibility study to expand production of oxo products at its Bay City, TX, facility. The expansion will enable the...
http://www.chemweek.com/people_and_business/companies/Oxea-completes-feasibility-study-to-expand-Bay-City-TX-site_52139.html
May 17, 2013
Senior officials of Petrochemical Industries Co. (PIC; Kuwait City, Kuwait), a subsidiary of Kuwait Petroleum Corp. (Kuwait City), are to be suspended pending an inquiry into the...
http://www.chemweek.com/people_and_business/companies/Report-Kuwaiti-cabinet-suspends-PIC-officials-pending-K-Dow-investigation_52130.html
May 17, 2013
Dow Chemical says it will appeal the judgment entered against the company in connection with a case covering alleged urethanes price fixing. Dow says that the award of $1.2 billion...
http://www.chemweek.com/people_and_business/companies/Dow-Chemical-appeals-urethanes-price-fixing-award_52137.html
May 17, 2013
Univar says it has acquired Quimicompuestos (Monterrey, Mexico), a distributor of commodity chemicals in Mexico. Financial terms of the agreement were not disclosed. Quimicompuestos...
http://www.chemweek.com/people_and_business/companies/Univar-acquires-commodities-distributor-in-Mexico_52062.html
May 16, 2013
In a public briefing on Thursday, Robert Champion, the agent in charge of the Dallas office of the Bureau of Alcohol, Tobacco and Firearms and Explosives (ATF), says the cause of the...
http://www.chemweek.com/people_and_business/companies/State-officials-say-cause-of-Texas-fertilizer-plant-explosion-still-undetermined_52098.html
May 16, 2013
Private equity firm Advent International has made a first appointment to its operating partner program in China, the company has announced. Advent appointed Michael Ming-Yue Zhu...
http://www.chemweek.com/people_and_business/companies/Private-equity-firm-Advent-appoints-Solvay-executive-as-operating-partner-in-China_52052.html
May 16, 2013
A Kansas federal court on Wednesday ordered Dow Chemical to pay $1.2 billion in a previously announced urethanes price-fixing case, tripling, as expected, the fine announced in...
http://www.chemweek.com/people_and_business/companies/Court-triples-Dows-urethanes-price-fixing-fine-to-$1-2-billion_52042.html
May 16, 2013
The adjusted earnings per share loss of 45 cts fell short of the analyst consensus estimated loss of 21 cts/share....
http://www.chemweek.com/people_and_business/companies/Tronox-reports-first-quarter-loss-but-growing-TiO2-volumes_51894.html
May 16, 2013
Oxiteno, the specialty chemicals arm of Ultrapar (São Paulo), achieved an Ebitda of 81 million Reais ($40 million) during the first quarter of 2013 compared with the same...
http://www.chemweek.com/people_and_business/companies/Oxitenos-Ebitda-increases-21-percent-supported-by-weaker-currency-and-higher-volumes_52049.html
May 16, 2013
Sales by the UK chemical and pharmaceutical industry to customers declined during the past six months, according to the latest survey carried out by the Chemical Industries...
http://www.chemweek.com/people_and_business/companies/UK-chemical-and-pharma-companies-report-lower-sales-volumes-in-last-6-months_52043.html
May 16, 2013
Garrett:North American expansion will help push restructuring in Europe.  Borealis today reported a major drop in first-quarter net profit to €61 million ($78.5 million)...
http://www.chemweek.com/people_and_business/companies/Borealiss-first-quarter-profit-down-Borouges-contribution-shrinks-due-to-turnaround_52045.html
May 15, 2013
Celanese has announced its support of the Domestic Alternative Fuels Act of 2013, introduced by Pete Olson (R-TX) to the House of Representatives on 14 May. The bill would amend...
http://www.chemweek.com/people_and_business/companies/Celanese-announces-support-of-Domestic-Alternative-Fuels-Act_52038.html
May 15, 2013
“At this point, it is estimated that the remaining production line will start up by late June,” Ken Mounger, v.p. and general manager/polyolefins, tells customers....
http://www.chemweek.com/people_and_business/companies/Two-of-three-lines-operational-at-Formosas-fire-damaged-HDPE-unit_52021.html
May 15, 2013
LyondellBasell will shut down a 100,000-m.t./year high-density polyethylene (HDPE) unit in Wesseling, Germany, in the third quarter....
http://www.chemweek.com/people_and_business/companies/LyondellBasell-to-close-HDPE-Unit-in-Germany_52037.html
May 15, 2013
Invista has announced it has signed a land reservation agreement with the Shanghai Chemical Industry Park Development Co. for a previously announced nylon-6,6 polymer site at the...
http://www.chemweek.com/people_and_business/companies/Invista-purchases-more-land-for-Shanghai-nylon-66-project_52020.html
May 15, 2013
BASF says it has boosted its presence in the enzyme technology space, via three separate transactions. The company has identified the enzymes business as a key growth area to...
http://www.chemweek.com/people_and_business/companies/BASF-boosts-its-footprint-in-enzyme-technologies_52019.html
May 15, 2013
Isagro (Milan) reports a €3.3-million ($4.3 million) net loss during the first quarter of 2013 compared with a €668,000 profit in the same period last year. Ebitda also...
http://www.chemweek.com/people_and_business/companies/Isagro-reports-&euro3-3-million-net-loss-during-first-quarter-owing-to-poor-weather-conditions_52015.html
May 15, 2013
Edeniq's (Visalia, CA) first demonstration plant, located at its headquarters, has completed a successful performance test that exceeded the benchmark of 1,000 hours of continuous...
http://www.chemweek.com/people_and_business/companies/Edeniqs-cellulosic-ethanol-pilot-plant-completes-performance-test_52013.html
May 15, 2013
Arkema's first-quarter adjusted net income contracted by 21.1% from €123 million ($159.7 million) in the first quarter of 2012, to €97 million, the company announced today...
http://www.chemweek.com/people_and_business/companies/Arkemas-first-quarter-net-income-shrinks-by-21-1-percent-on-mixed-economic-environment_52011.html
May 14, 2013
The Department of Agriculture (USDA) says it is extending its regulatory review of two genetically modified seeds in order to evaluate the impact of increased use of the associated...
http://www.chemweek.com/people_and_business/companies/USDA-orders-additional-review-of-Dow-and-Monsanto-herbicide-tolerant-traits_51990.html
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