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January 27, 2014
Ashland posted net income from continuing operations of $111 million for the quarter ended 31 December—up 9% year-over-year (YOY) on higher volumes in each of its units. Earnings...
http://www.chemweek.com/people_and_business/companies/Ashland-reports-flat-sales-announces-restructuring_58347.html
January 27, 2014
Cabot today announced that it has signed a contract to provide its Darco Hg-brand family of activated carbon products to a power generator in the US. The company says this is the first...
http://www.chemweek.com/people_and_business/companies/Cabot-signs-activated-carbon-contract-with-Midwestern-utility_58333.html
January 27, 2014
The Society of Chemical Manufacturers and Affiliates (Socma) has announced that J. Steel Hutchinson, president and CEO of GFS Chemicals (Columbus, OH), a specialty organic and...
http://www.chemweek.com/people_and_business/companies/Socma-names-board-of-governors-chairman_58344.html
January 27, 2014
Mesaieed Petrochemical Holding Co. (MPHC; Doha) raised 3.2 billion Qatari rials ($880 million) from its initial public offering on the Qatar stock exchange, according to various media...
http://www.chemweek.com/people_and_business/companies/Qatars-Mesaieed-Petrochemical-IPO-fully-subscribed-raises-$880-million_58330.html
January 27, 2014
Sabic says it has increased the supply of steam to its neighbor Cargill at the Bergen op Zoom, Netherlands, site after three decades of collaboration. Bergen op Zoom is the site of the...
http://www.chemweek.com/people_and_business/companies/Sabic-increases-supply-of-steam-to-Cargill-at-Dutch-site_58326.html
January 27, 2014
Phosagro (Moscow), a leading producer of phosphate fertilizers, is considering merger of its subsidiaries to save costs and improve shareholder value, CEO Andrey Guryev...
http://www.chemweek.com/people_and_business/companies/Phosagro-considers-merger-of-units-giving-up-Indian-market_58324.html
January 27, 2014
Makhteshim Agan Industries (MAI), the world’s leading supplier of generic crop protection chemicals, has announced that it will transition to a new global brand, Adama, beginning...
http://www.chemweek.com/people_and_business/companies/Makhteshim-Agan-changes-name-to-Adama-Agricultural-Solutions_58323.html
January 24, 2014
The General Court of the European Union (Luxembourg) ruled on appeals by SKW Stahl-Metallurgie (SKW; Unterneukirchen, Germany); Evonik Degussa, a subsidiary of Evonik Industries; and...
http://www.chemweek.com/people_and_business/companies/European-court-dismisses-appeal-of-2009-calcium-carbide-cartel-case-reduces-some-fines_58306.html
January 24, 2014
Repsol's A Coruña, Spain refinery-petrochemical complex has restarted after a 50-day general stoppage, the longest in the 50-year history of the site, according to a report from...
http://www.chemweek.com/people_and_business/companies/Repsol-refinery-petchem-complex-restarts-after-planned-maintenance_58304.html
January 24, 2014
Freedom Industries has filed for bankruptcy a week after a leak at one of its tanks containing 4-methylcyclohexane methanol (MCHM) forced a water ban in nine West Vriginia counties...
http://www.chemweek.com/people_and_business/companies/Freedom-Industries-declares-bankruptcy-following-West-Virginia-chemical-spill-legislation-introduced_58051.html
January 24, 2014
Praxair announced on 23 January that it has signed a long-term contract with Taewoong Steel Co. (Daegu, South Korea) to supply high-purity oxygen to that company’s steel mill...
http://www.chemweek.com/people_and_business/companies/Praxair-to-build-air-separation-unit-for-steel-company-in-Korea_58220.html
January 24, 2014
Air Products announced on 23 January that it has signed an agreement with a consortium including Technip and JGC Corp. (Tokyo) to implement the Yamal Liquefied Natural Gas (LNG)...
http://www.chemweek.com/people_and_business/companies/Air-Products-to-implement-large-scale-LNG-project-in-Arctic-Russia_58222.html
January 24, 2014
Elevance Renewable Sciences (Woodbridge, IL) says it has hired Robert (Bob) Kumpf as chief technology officer. Kumpf will focus on expanding Elevance's production and applications...
http://www.chemweek.com/people_and_business/companies/Elevance-hires-Kumpf-as-chief-technology-officer_58293.html
January 23, 2014
Attendees and exhibitors at this year's Informex USA, held this week in Miami Beach, were mostly optimistic about the direction of the fine chemicals and contract manufacturing...
http://www.chemweek.com/people_and_business/companies/Informex-2014-Rising-certainty-despite-challenges-for-pharma_58279.html
January 23, 2014
Ineos and Solvay received a statement of objections from the European Commission concerning the proposed €4.3-billion ($5.8 billion) merger of the companies' chlorvinyls...
http://www.chemweek.com/people_and_business/companies/Ineos-and-Solvay-receive-statement-of-objections-from-European-Commission-on-proposed-chlorvinyls-merger_58214.html
January 23, 2014
BASF announced today that it is implementing a series of measures in its paper chemicals business to improve competitiveness and profitability. The company is the global leading...
http://www.chemweek.com/people_and_business/companies/BASF-to-restructure-paper-chemicals-business-may-exit-alkyl-ketene-dimer_58215.html
January 23, 2014
Huntsman Corp.'s performance products division will expand its global polyetheramines (PEA) capacity by a minimum of 15% as a result of debottlenecking three manufacturing plants, the...
http://www.chemweek.com/people_and_business/companies/Huntsman-to-expand-polyetheramine-capacity-by-at-least-15-percent_58217.html
January 23, 2014
Five investors have shown interest in taking over debt-ridden petrochemical producer Oltchim (Ramnicu Valcea, Romania), according to a report from Romania's national press agency...
http://www.chemweek.com/people_and_business/companies/Report-Five-investors-show-interest-in-acquiring-Romanias-Oltchim_58213.html
January 23, 2014
Solvay said on Wednesday that its aroma performance business has been adversely impacted by a significant disruption in its hydroquinone (HQ) production, following an equipment failure...
http://www.chemweek.com/people_and_business/companies/Solvay-declares-force-majeure-on-hydroquinone-from-Baton-Rouge-plant_58209.html
January 22, 2014
RPM has acquired Citadel Restoration and Repair (St. Paul, MN), a producer and marketer of premium concrete and wood deck floor coatings for the professional contractor and...
http://www.chemweek.com/people_and_business/companies/RPM-acquires-concrete-coatings-maker_58194.html
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