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February 27, 2015
ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol...
February 27, 2015
Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back...
February 27, 2015
The European Union’s emissions trading system (EU ETS) allows businesses to purchase permits for carbon dioxide emissions. The current glut of allowances on the market has caused...
February 27, 2015
Results have been mixed for late-reporting specialty chemical makers as the effects of lower oil works its way through specialties product chains. Chemtura beat estimates despite...
February 27, 2015
Westlake reports net income for the fourth quarter of $183 million, up 7% year-on-year (YOY) from $171 million on the advantage of converting the Calvert City, KY, ethylene plant to...
February 27, 2015
ACC’s Chemical Activity Barometer (CAB), a leading economic indicator index developed by ACC’s economics department, dipped 0.2% in February, as measured on a three-month...
February 27, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
February 27, 2015
The United Steelworkers (USW; Pittsburgh) expanded its strike on 21 February to include Motiva’s refinery in Port Arthur, TX, Motiva’s two Louisiana refineries in Convent...
February 27, 2015
Sibur has announced that a ceremony has been held to lay the first foundations for ZapSibNeftekhim, the company’s biggest investment project, at Tobolsk, Russia....
February 27, 2015
A consortium consisting of Haldor Topsoe, Ferrostaal’s industrial projects business unit (Essen, Germany), and Fauji Fertilizer (Rawalpindi, Pakistan) has agreed to develop a...
February 27, 2015
Solvay says that it is building a polyetheretherketone (PEEK) plant in the United States, more than doubling the company’s capacity for the product. PEEK is a high-performance...
February 27, 2015
Leading Southeast Asia–based chemical companies have reported mixed financial results for the fourth quarter of 2014....
February 27, 2015
Braskem has not yet approved its 2015 investment budget, and the company's board has decided to take a couple extra months to refine it because of the volatility in energy markets earlier this year, Carlos Fadigas, CEO of Braskem, said during a recent analyst call....
February 27, 2015
LyondellBasell Industries said on 24 February that it has reached an agreement with Karyn Ovelmen, executive v.p. and CFO, for her “separation from the company.” Ovelmen will...
February 27, 2015
Axiall is busily reshaping its portfolio. On 26 February, the company announced the sale of its La Porte, TX–based phosgene derivatives business to Altivia Chemicals (Houston) for an undisclosed sum....
February 27, 2015
Bayer reported on 26 February increases in quarterly and annual sales and earnings and provided optimistic guidance for 2015. Chairman Marijn Dekkers, speaking at a press briefing in Leverkusen, also gave an update on the planned separation of Bayer MaterialScience (BMS) from the rest of the group. BMS is one of Bayer’s three subgroups and accounts for about one third of company sales....
February 27, 2015
Sika (Baar, Switzerland), today reported that its sales rose to 5.57 billion Swiss francs ($5.9 billion) in full-year 2014, an increase of 13% in local currencies, or 8.3% in reporting...
February 25, 2015
The German chemical marked a year of ups and downs in 2014 with a weak quarter, chemical industry trade association VCI (Frankfurt) says in its latest summary. Sales for the full year...
February 25, 2015
The national salary negotiations for workers in Germany’s chemical industry have been adjourned without agreement. The negotiations between the employers association BAVC...
February 24, 2015
LyondellBasell said today that it has reached an agreement with Karyn Ovelmen, executive v.p. and CFO, for her “separation from the company.” Ovelmen will continue as CFO for up to three months under the agreement while the company conducts a search for her successor....
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