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March 5, 2015
Petrobras has confirmed that it plans to divest about $13.7 billion of assets in 2015-16. The planned divestments are a revision of Petrobras's previous plan—announced in...
http://www.chemweek.com/people_and_business/companies/Petrobras-raises-divestment-target-to-$13-7-billion_68341.html
March 5, 2015

Olin says normal production of chlorine and chemically pure salt at the company's McIntosh, AL, facility has resumed, and that the company is lifting a force-majeure declaration made on 10 February. Olin says it remains on order control for chlorine owing to tight supply in its overall system.

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http://www.chemweek.com/people_and_business/companies/Olin-lifts-force-majeure-on-chlorine-salt-from-McIntosh-facility_68344.html
March 5, 2015
Perstorp (Perstorp, Sweden) has announced the successful start-up of its oxo plant at Stenugsund, Sweden. The new plant is Perstorp’s largest ever plant investment, boosting its...
http://www.chemweek.com/people_and_business/companies/Perstorp-starts-up-oxo-unit-its-largest-plant-investment_68339.html
March 4, 2015
DuPont and activist hedge fund Trian Fund Management (New York) this week traded barbs over DuPont’s rejection of a universal proxy card for the company’s upcoming board of...
http://www.chemweek.com/people_and_business/companies/DuPont-Train-spar-over-universal-proxy-card_68326.html
March 4, 2015
ExxonMobil expects to reduce capital spending over the next three years while starting up 16 major oil and natural gas projects and increasing production, says Rex Tillerson, chairman and CEO....
http://www.chemweek.com/people_and_business/companies/ExxonMobil-to-reduce-group-capital-spending-through-2017-chemical-business-showing-resilience_68309.html
March 4, 2015
Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
http://www.chemweek.com/people_and_business/companies/Ineos-to-integrate-Ineos-ABS-Styrolution-in-the-Americas-by-year-end_68304.html
March 4, 2015
Axalta today opened an automotive water-based coatings plant in China. The plant, which is adjacent to Axalta’s operations center in Shanghai’s Jiading district, will...
http://www.chemweek.com/people_and_business/companies/Axalta-opens-water-based-coatings-plant-in-Shanghai_68275.html
March 4, 2015
Lenzing Group (Lenzing, Austria) says today that it expects consolidated sales to be €1.86 billion ($2.1 billion) in full-year 2014, according to preliminary figures, compared...
http://www.chemweek.com/people_and_business/companies/Lenzing-expects-to-report-a-loss-in-2014-but-operating-results-above-expectations_68262.html
March 4, 2015
Evonik Industries has reported today full-year 2014 sales of €12.9 billion ($14.4 billion), compared with €12.7 billion a year ago, or an increase of 2% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/companies/Evonik-reports-higher-fourth-quarter-sales-earnings_68258.html
March 3, 2015
Arsenal Capital’s Accella Performance Materials (St. Louis), a maker of custom polyurethanes and recycled rubber products, has acquired IPS Polymer Systems (Rancho Cucamonga...
http://www.chemweek.com/people_and_business/companies/Arsenals-Accella-acquires-IPS-Polymer-Systems_68273.html
March 3, 2015
Bayer MaterialScience will discontinue production at the Belford Roxo site in Brazil. The facilities, designed to produce 55,000 m.t./year of methylene di-para-phenylene isocyanate...
http://www.chemweek.com/people_and_business/companies/Bayer-MaterialScience-to-discontinue-production-in-Brazil_68266.html
March 3, 2015
The National Industrialization Co. (Tasnee; Riyadh) has raised its stake in Dyesol (Queanbeyan, Australia), a company developing solar cells based on dye technology, to 33.50% from...
http://www.chemweek.com/people_and_business/companies/Tasnee-increases-stake-in-Dyesol_68250.html
March 3, 2015
Asahi Kasei says that its board of directors today decided to absorb three wholly owned subsidiaries — Asahi Kasei Chemicals (AKC), Asahi Kasei Fibers (AKF), and Asahi Kasei...
http://www.chemweek.com/people_and_business/companies/Asahi-Kasei-to-absorb-chemicals-fibers-and-electronic-materials-subsidiaries_68261.html
March 2, 2015
Tronox’s $1.64-billion acquisition of FMC’s soda ash business has received approval under the Hart-Scott-Rodino Antritrust Act in the US, FMC says. The deal is expected to...
http://www.chemweek.com/people_and_business/companies/Tronox-FMC-soda-ash-deal-clears-regulatory-hurdle-in-US_68249.html
March 2, 2015
FMC has raised its quarterly dividend by 10%, to 16.5 cts/share, the company says. The dividend will be paid on 16 April to shareholders of record as of 31 March. The higher dividend...
http://www.chemweek.com/people_and_business/companies/FMC-raises-dividend-10-percent_68231.html
March 2, 2015
OM Group today reported a fourth-quarter net loss of $189 million, or $6.24/share, on pension-related charges, compared with a profit of $17.2 million in the year-ago quarter. Sales...
http://www.chemweek.com/people_and_business/companies/OM-Group-swings-to-loss-on-pension-charge-but-beats-estimates_68229.html
March 2, 2015
GFBiochemicals (Milan, Italy), a company that specializes in the research, development, and production of biobased chemicals and fuels, has announced that it is starting...
http://www.chemweek.com/people_and_business/companies/GFBiochemicals-to-start-commercial-production-of-levulinic-acid-this-summer_68225.html
March 2, 2015
Braskem has entered into a new six-month contract to receive naphtha feedstock from Petrobras. The new contract is valid until 31 August 2015, and the price will be adjusted...
http://www.chemweek.com/people_and_business/companies/Braskem-signs-new-six-month-naphtha-supply-contract-with-Petrobras_68224.html
March 2, 2015
Orica (Melbourne) says that it has completed the previously announced sale of the company’s chemicals business to funds advised by private equity firm Blackstone (New York), for...
http://www.chemweek.com/people_and_business/companies/Orica-completes-sale-of-chemicals-business-to-Blackstone_68216.html
February 27, 2015
Shell's Pearl gas-to-liquids (GTL) plant, in Qatar has entered a planned maintenance turnaround in February 2015. Pearl GTL comprises two identical GTL 'trains', with a total capacity...
http://www.chemweek.com/people_and_business/companies/Shells-Pearl-GTL-plant-in-Qatar-in-2-month-turnaround_68182.html
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