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May 23, 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 Nakhodka, in Russia’s far east. The world-scale petrochemical complex, in its first stage, will be able to process 3.4 million m.t./year of feedstock, predominantly naphtha....
http://www.chemweek.com/people_and_business/companies/Rosneft-and-Mitsui-sign-MOU-to-develop-Russian-petchem-site_51680.html
May 23, 2013
India has proposed to build a urea manufacturing plant at the petrochemicals hub at Chahbahar, Iran, using natural gas as feedstock, Iranian news agencies report. India has also agreed...
http://www.chemweek.com/people_and_business/companies/India-eyes-urea-plant-at-Irans-Chahbahar-petchems-hub_51679.html
May 23, 2013
ICA Fluor, the construction joint venture of Empresas ICA and Fluor, has been awarded a contract for the construction of a titanium dioxide (TiO2) train at DuPont’s complex at...
http://www.chemweek.com/people_and_business/companies/ICA-Fluor-awarded-titanium-dioxide-contract-from-DuPont-in-Mexico_51677.html
May 23, 2013
Clariant will build a pigment preparations plant at Tangerang, Indonesia, as part of a series of investments to strengthen support for customers in China, India, and Indonesia. The...
http://www.chemweek.com/people_and_business/companies/Clariant-invests-in-pigments-in-Indonesia-China-and-India_51676.html
May 22, 2013
The supervisory board also authorized an interim dividend of 50 cts/share, an increase of 25% over the company's first quarter 2013 interim dividend....
http://www.chemweek.com/people_and_business/companies/LyondellBasell-to-repurchase-up-to-10-percent-of-outstanding-stock-hikes-dividend_52248.html
May 22, 2013
Oxea announced that it has successfully started operations at its new carboxylic acids plant at Oberhausen, Germany—boosting the company’s carboxylic acid production...
http://www.chemweek.com/people_and_business/companies/Oxea-starts-operations-at-German-carboxylic-acids-plant_52246.html
May 22, 2013
Celanese says it plans to launch a sale process for its acetic anhydride plant at Roussillon, France, and its vinyl acetate monomer (VAM) plant at Tarragona, Spain. Celanese says it is...
http://www.chemweek.com/people_and_business/companies/Celanese-puts-2-acetyl-plants-in-Europe-up-for-sale_52235.html
May 22, 2013
Elix Polymers (Tarragona, Spain) has signed an agreement with Velox (Hamburg) for the distribution of Elix's acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile...
http://www.chemweek.com/people_and_business/companies/Elix-Polymers-signs-ABS-distribution-agreement-with-Velox_52233.html
May 22, 2013
Specialty chemicals and advanced materials firm Rockwood Holdings' (Princeton, NJ) sale of certain business units has attracted interest from various private equity suitors, according...
http://www.chemweek.com/people_and_business/companies/Reports-Rockwoods-divestment-of-noncore-assets-sparks-private-equity-interest_52229.html
May 22, 2013
Novo A/S (Hellerup, Denmark), parent of pharmaceutical firm Novo Nordisk (Bagsvaerd, Denmark), has acquired Xellia Pharmaceuticals (Oslo) from private equity firm 3i (London) for an...
http://www.chemweek.com/people_and_business/companies/Denmarks-Novo-acquires-Xellia-Pharmaceuticals-in-$700-million-deal_52226.html
May 21, 2013
Airgas has named Chuck Broadus division president for the company’s South division, effective 1 July. Broadus succeeds Mike Rhode who is retiring after 15 years of service. The...
http://www.chemweek.com/people_and_business/companies/Airgas-names-South-division-president_52219.html
May 21, 2013
Air Products says it has has successfully begun operating its carbon recovery project at Port Arthur, TX, as a part of a Department of Energy’s (DOE) demonstration project that will capture about 1 million tons of carbon dioxide (CO2) annually....
http://www.chemweek.com/people_and_business/companies/Air-Products-begins-operating-DOE-carbon-capture-project_52135.html
May 21, 2013
International Flavors & Fragrances (IFF) says it will close its fragrance ingredient manufacturing plant at Augusta, GA, by July 2014 as part of the company’s cost-cutting...
http://www.chemweek.com/people_and_business/companies/IFF-to-close-GA-plant_52120.html
May 21, 2013
Chemtura says it has acquired UP Chemical’s (Pyeongtaek, South Korea) 50% stake in their DayStar Materials (Pyeongtaek) joint venture. DayStar was formed in 2011 as a 50-50 jv of...
http://www.chemweek.com/people_and_business/companies/Chemtura-LED-buyout_52119.html
May 21, 2013
Dow AgroSciences says US regulatory authorities have approved a new insecticidal active ingredient, sulfoxaflor, to be marketed in the United States. Sulfoxaflor belongs to a novel...
http://www.chemweek.com/people_and_business/companies/Dow-insecticide-receives-US-regulatory-approval_52117.html
May 21, 2013
Syngenta and DuPont say they have entered into technology licensing agreements that will broaden each company’s crop protection product portfolio and enable both to bring new...
http://www.chemweek.com/people_and_business/companies/Syngenta-DuPont-sign-fungicide-tech-agreement_52116.html
May 21, 2013
Technip says it has been awarded the detailed engineering and procurement services contract for by Nova Chemicals’ previously announced polyethylene (PE) expansion project at...
http://www.chemweek.com/people_and_business/companies/Technip-awarded-Nova-Joffre-PE-expansion_52115.html
May 21, 2013
Bayer CropScience says it will build a world-scale glufosinate-ammonium herbicide production plant near Mobile, AL, to help meet growing demand for glyphosate alternatives. The...
http://www.chemweek.com/people_and_business/companies/Bayer-CropScience-plans-Mobile-AL-herbicide-plant_52114.html
May 21, 2013
Mitsui & Co. has reached an agreement to take a 50% stake in Celanese’s planned methanol project at Celanese’s Clear Lake, TX, site. Celanese announced the project last...
http://www.chemweek.com/people_and_business/companies/Mitsui-and-Co-to-take-50-percent-stake-in-Celanese-methanol-project-at-Clear-Lake-TX_52112.html
May 21, 2013
Financial results from commodity and diversified firms continue to reflect persistent weakness in the global economy, although expanding ethylene margins have helped many stave off...
http://www.chemweek.com/people_and_business/companies/First-quarter-profits-pressured-despite-strong-ethylene-margins_52111.html
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