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April 30, 2013
Mexichem (Tlalnepantla, Mexico) reports a net profit of 836 million Mexican pesos ($69 million) during the first quarter of this year, down 54% from the peso1.8 billion reported during...
http://www.chemweek.com/people_and_business/companies/Mexichems-net-profit-drops-54-percent-during-the-first-quarter_51593.html
April 30, 2013
BP's petrochemicals business, including lubricants, delivered an underlying replacement cost (RC) profit before interest and taxes of $404 million in the first quarter of this year...
http://www.chemweek.com/people_and_business/companies/BPs-first-quarter-petchem-profits-fall-7-5-percent_51590.html
April 30, 2013
Vale (Rio de Janeiro) has signed an agreement with the Argentinean government and trade unions, allowing the company to quit the Rio Colorado potash project in the province of Mendoza...
http://www.chemweek.com/people_and_business/companies/Reports-Vale-signs-agreement-to-exit-Argentina-potash-project_51546.html
April 30, 2013
Air Products announced it has received a liquefied natural gas (LNG) heat exchanger order for a liquefaction project at Lusby, MD. The company will supply its LNG liquefaction...
http://www.chemweek.com/people_and_business/companies/Air-Products-to-supply-LNG-exchanger-for-Cove-Point-liquefaction-project-in-Maryland_51566.html
April 29, 2013
International Flavors & Fragrances (IFF) and Amyris (Emeryville, CA) says they have agreed to a multi-year collaboration to jointly develop and commercialize a set of biobased...
http://www.chemweek.com/people_and_business/companies/IFF-Amyris-sign-biobased-fragrance-ingredients-pact_51582.html
April 29, 2013
KMG Chemicals has agreed to acquire OM Group’s electronic chemicals business in a $60-million deal, the company says. The business, known within OM Group as ultrapure chemicals...
http://www.chemweek.com/people_and_business/companies/KMG-to-acquire-OM-Groups-electronic-chemicals-business_51564.html
April 29, 2013
Late winter snow helped sales and earnings for Compass Minerals, which reported several increases today in its first-quarter results. Net income grew 16% year-on-year (YOY), to $46.6...
http://www.chemweek.com/people_and_business/companies/Compass-Minerals-reports-sales-surge-due-to-late-winter-snow_51561.html
April 29, 2013
Rosneft (Moscow) and Mitsui & Co. have signed a memorandum of understanding (MOU) to develop jointly Rosneft's previously announced Far East Petrochemical Co. (Fepco) project near...
http://www.chemweek.com/people_and_business/companies/Rosneft-Mitsui-sign-MOU-to-develop-petchem-project-in-Russian-far-east_51563.html
April 29, 2013
Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The...
http://www.chemweek.com/people_and_business/companies/Pemexs-petchem-production-volume-falls-7-1-percent-during-the-first-quarter_51558.html
April 29, 2013
Potash Minerals (West Perth, Australia) has been awarded a potash exploration permit for its K2O Utah Hatch Point exploration project by the US Bureau of Land Management (Washington)...
http://www.chemweek.com/people_and_business/companies/Australias-Potash-Minerals-awarded-exploration-permit-for-Utah-project_51552.html
April 29, 2013
The Bourgogne Développement Industrie Group (BDI; Paris) has acquired Semoflex (Ogeu-les-Bains, France), the companies have announced. The takeover results in BDI, which also...
http://www.chemweek.com/people_and_business/companies/Frances-BDI-Group-takes-over-Semoflex-becomes-third-largest-PE-converter-in-France_51547.html
April 26, 2013
Specialty chemical makers generally posted earnings declines as economic weakness dragged down results. Coatings makers were an exception, as the rebound in the North American...
http://www.chemweek.com/people_and_business/companies/Specialty-earnings-mostly-down-on-soft-economy_51488.html
April 26, 2013
Jana Partners (New York), an activist investor that agitated for the breakup of Agrium last fall, has purchased a 7.4% stake in Ashland, according to a regulatory filing. While Jana...
http://www.chemweek.com/people_and_business/companies/Activist-investor-buys-Ashland-stake_51487.html
April 26, 2013
Brenntag Schweizerhall (Basel), a subsidiary of Brenntag, will invest in a new sulfuric acid dilution plant at the Infrapark Baselland industrial park in Muttenz, Switzerland, to...
http://www.chemweek.com/people_and_business/companies/Brenntag-invests-in-sulfuric-acid-plant-to-supply-Bayer-CropScience_51484.html
April 26, 2013
UOP will provide technology for the production of aromatics at a previously announced Brunei Hengyi Industries refinery and petrochemical complex in Brunei. Brunei Hengyi is a...
http://www.chemweek.com/people_and_business/companies/Chinese-firm-selects-UOP-technology-for-aromatics-complex-in-Brunei_51483.html
April 26, 2013
LyondellBasell Industries has licensed its Lupotech T and Lupotech A process technologies to Jiangsu Sailboat Petrochemical (JSPC; Lianyungang, China) for a low-density polyethylene...
http://www.chemweek.com/people_and_business/companies/LyondellBasell-licenses-PE-technology-to-China_51482.html
April 26, 2013
Solvay says it will build a large alkoxylation facility in Singapore that is expected to start operations by 2015 and serve the fast-growing Asian market for home- and personal-care products, coatings, agchems, and oil and gas....
http://www.chemweek.com/people_and_business/companies/Solvay-to-build-alkoxylation-plant-in-Singapore-Shell-to-supply-feedstock_51481.html
April 26, 2013
India’s chemical industry, including its specialty chemicals sector, has huge potential to grow. However, issues such as poor infrastructure; slow progress in the establishment...
http://www.chemweek.com/people_and_business/companies/Bottlenecks-hamper-Indias-chemical-industry-PCPIRs-yet-to-be-implemented-effectively_51469.html
April 26, 2013
DuPont says it has opened an innovation center in Istanbul, the company’s 11th such center and the 3rd in the Europe, Mideast, and Africa (EMEA) region. The Turkish innovation...
http://www.chemweek.com/people_and_business/companies/DuPont-opens-third-EMEA-innovation-center-at-Istanbul_51468.html
April 26, 2013
SK Innovation (Seoul) plans to enter the Chinese electric vehicle (EV) battery market via a joint venture at Beijing with two state-owned Chinese partners, Beijing Automotive Industry...
http://www.chemweek.com/people_and_business/companies/SK-Innovation-to-form-car-battery-JV-in-China_51467.html
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