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March 31, 2014
Momentive Specialty Chemicals (MSC) today reported fourth-quarter revenues up 11% year-on-year (YOY), to $1.2 billion, with segment Ebitda down 6%, to $79 million. The quarterly net...
http://www.chemweek.com/people_and_business/companies/Momentive-Specialty-Chemicals-loss-widens-revenue-up_59939.html
March 31, 2014
Dow Chemical announced today that its joint venture chlor-alkali facility with Mitsui & Co. has started full-scale commercial production at Freeport, TX. The facility has capacity...
http://www.chemweek.com/people_and_business/companies/Dow-Mitsui-start-up-chlor-alkali-jv-plant_59934.html
March 31, 2014
Air Products announced today that it has been awarded a contract to supply liquid nitrogen to Singapore’s Jurong Rock Caverns (JRC) project, an underground storage facility for...
http://www.chemweek.com/people_and_business/companies/Air-Products-to-supply-liquid-nitrogen-to-underground-petchem-storage-in-Singapore_59937.html
March 31, 2014
Brenntag says it has extended the term of its syndicated credit facility. The loan agreement with an original term to July 2016 has been extended until March 2019. The volume of the...
http://www.chemweek.com/people_and_business/companies/Brenntag-extends-term-of-its-credit-facility_59927.html
March 28, 2014
Ineos’s plans, confirmed and detailed yesterday, to convert its Grangemouth, UK, olefins complex to consume cheap shale-based ethane feedstock imported from the United States...
http://www.chemweek.com/people_and_business/companies/Ineos-director-Grangemouth-ethane-investment-will-buy-15-years-of-competitiveness_59916.html
March 28, 2014
While US producers have entered growth and investment mode thanks to the surge in unconventional energy production, producers in all regions must adapt in response to challenges in...
http://www.chemweek.com/people_and_business/companies/IHS-WPC-2014-Producers-adapt-to-rapidly-changing-petrochemical-landscape_59857.html
March 28, 2014
International Flavors & Fragrances (IFF) says it is realigning responsibilities under Nicolas Mirzayantz, president/fragrances, effective 1 April. The change includes creation of a...
http://www.chemweek.com/people_and_business/companies/IFF-makes-organization-changes-in-fragrances-business-unit_59903.html
March 28, 2014
Ineos today announced new milestones in its previously reported £300-million ($499.3 million) survival plan at the company’s Grangemouth complex, in the United Kingdom. The...
http://www.chemweek.com/people_and_business/companies/Ineos-to-close-plants-at-Grangemouth-convert-complex-to-shale-based-feedstock_59879.html
March 28, 2014
ExxonMobil Chemical announced today that it has opened a new manufacturing facility at its to produce up to 50,000 m.t./year of its SpectraSyn Elite–brand metallocene...
http://www.chemweek.com/people_and_business/companies/ExxonMobil-opens-metallocene-polyalpha-olefin-facility-at-Baytown_59905.html
March 28, 2014
Diminished production of propylene and butadiene as a result of the shift toward lighter feedstocks is a growing challenge for integrated petrochemical producers, says Heidi...
http://www.chemweek.com/people_and_business/companies/IHS-WPC-2014-Shale-shift-raises-concerns-for-some-non-ethylene-value-chains_59889.html
March 27, 2014
Sinofert Holdings, China’s largest fertilizer producer and distributor, today reported lower figures on overcapacity problems of fertilizer industry and a sluggish market. Sales...
http://www.chemweek.com/people_and_business/companies/Sinofert-earnings-down-on-weak-fertilizer-market_59877.html
March 27, 2014
H.B. Fuller today reported fiscal first-quarter net income down 29.4% year-on-year (YOY), to $24.6 million, or 28 cts/share, on revenues up 1.3%, to $486 million. Higher volume...
http://www.chemweek.com/people_and_business/companies/Fuller-net-income-falls-despite-revenue-increase_59876.html
March 27, 2014
Airgas says that Andrew Cichocki president of Airgas’s USA distribution division, effective 1 April. Cichocki is currently a member of Airgas’s management committee, and he...
http://www.chemweek.com/people_and_business/companies/Airgas-US-distribution-names-new-president_59844.html
March 26, 2014
Antero Resources (Denver), an independent oil and natural gas company engaged in the production of unconventional oil and liquids-rich natural gas in the Appalachian Basin in West...
http://www.chemweek.com/people_and_business/companies/Antero-to-supply-ethane-to-West-Virginia-cracker-project_59846.html
March 26, 2014
PPG announced today that it has agreed to acquire Canal Supplies Inc. (CSI; Panama City), a Panamanian distributor of protective and marine coatings, for an undisclosed sum. CSI...
http://www.chemweek.com/people_and_business/companies/PPG-acquires-coatings-distributor-in-Central-America_59845.html
March 26, 2014
Invista announced today that it has broken ground on a new hexamethylenediamine (HMD) and nylon-6,6, polymer plants at the Shanghai Chemical Industry Park. These are a part of...
http://www.chemweek.com/people_and_business/companies/Invista-breaks-ground-on-Shanghai-nylon-66-expansion_59843.html
March 25, 2014
Syngenta is issuing 750 million Swiss francs ($848 million) in new bonds, the company says. The issuance comprises three tranches: a SF350-million tranche due 2019, a SF250 million...
http://www.chemweek.com/people_and_business/companies/Syngenta-issues-$848-million-in-bonds_59821.html
March 25, 2014
According to Reuters reports, Mosiac says it has laid off 51 of its Canadian potash operation workers because of low prices and weak demand in the potash market. The market has slumped...
http://www.chemweek.com/people_and_business/companies/Reports-Mosaic-lays-off-51-workers-because-of-potash-market-constraint_59820.html
March 25, 2014
Although winter weather continued to negatively affect the economy, ACC says equity prices in the chemical industry drove the monthly chemical activity barometer up—showing a...
http://www.chemweek.com/people_and_business/companies/ACC-CAB-up-on-equity-prices_59818.html
March 24, 2014
Connell Brothers Co. (CBC; San Francisco), a distributor of specialty chemicals and ingredients in Asia/Pacific, says it has partnered with Lehigh Technologies (Atlanta), a specialty...
http://www.chemweek.com/people_and_business/companies/Lehigh-Tech-Connell-Bros-team-up-for-micronized-rubber-powders-distribution-in-Asia_59809.html
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