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December 19, 2014
Germany’s constitutional court, BVG (Karlsruhe) has declared in a ruling that the exemption rules in the inheritance tax code are in part unconstitutional and has given lawmakers...
http://www.chemweek.com/sections/business_finance/europe_mideast/Mittelstand-Germanys-constitutional-court-declares-inheritance-tax-partly-unconstitutional_66365.html
December 19, 2014
Berkshire Hathaway (Omaha, NE) has acquired Charter Brokerage (New York), a provider of trade services and customs drawback logistics to the oil and chemical industries, from private...
http://www.chemweek.com/sections/business_finance/usa_americas/Berkshire-Hathaway-buys-services-firm-from-Arsenal_66336.html
December 19, 2014
Sherwin-Williams (SW) on 12 December narrowed its full-year adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are...
http://www.chemweek.com/sections/business_finance/usa_americas/Sherwin-Williams-narrows-guidance-details-Lowes-deal_66337.html
December 19, 2014
Sibur Holding (Moscow) has reported increased earnings and revenues in the nine months ended 30 September. Revenues were up 33%, to 263.9 billion Russian rubles ($4.26 billion). Ebitda...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-reports-strong-results-after-completing-large-projects_66251.html
December 19, 2014
Huntsman, the second-largest producer of titanium dioxide (TiO2), has confirmed that it is studying options to remove capacity in Europe. The company said on 1 December that it is...
http://www.chemweek.com/sections/business_finance/europe_mideast/Huntsman-ponders-closure-of-TiO2-capacity-in-Europe_66252.html
December 19, 2014
Orica (Melbourne) has commissioned a $25.0-million emulsion explosives plant in Russia’s Murmansk region that will supply the PhosAgro (Moscow) subsidiary Apatit....
http://www.chemweek.com/sections/business_finance/europe_mideast/Orica-commissions-explosives-plant-in-Russia_66253.html
December 19, 2014
Technip (Paris), a leading engineering and construction firm, has announced that it has agreed to purchase all of the Zimmer polymer technology business from Air Liquide....
http://www.chemweek.com/sections/business_finance/europe_mideast/Technip-to-acquire-Zimmer-polymer-technologies-from-Air-Liquide_66254.html
December 19, 2014
Umicore (Brussels) says that it will construct a facility at the Hemaraj industrial estate in Thailand for the production of emission-control catalysts for light-duty vehicles....
http://www.chemweek.com/sections/business_finance/asia_pacific/Umicore-to-build-automotive-catalyst-facility-in-Thailand_66301.html
December 19, 2014
BASF says that it will build a world-scale chemical catalysts production facility at the company’s site in the Shanghai Chemical Industry Park at Caojing, China....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-builds-catalysts-plant-in-China_66302.html
December 19, 2014
JSR (Tokyo) says that it has entered into an agreement with Chang Chun Petrochemical (Taipei) to establish a joint venture to manufacture display materials at Changshu, China. The jv...
http://www.chemweek.com/sections/business_finance/asia_pacific/JSR-Chang-Chun-Petrochemical-to-form-display-materials-JV_66303.html
December 19, 2014
Mitsui Chemicals and Sinopec have announced that their 50-50 joint venture Shanghai Sinopec Mitsui Elastomers has started up a previously announced ethylene propylene diene terpolymer...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Sinopec-JVs-start-up-EPT-phenol-acetone-plants_66304.html
December 19, 2014
On 28 November, Merck KGaA (Darmstadt, Germany) hosted a top-level debate in London on key aspects of the OTC drugs sector....
http://www.chemweek.com/sections/business_finance/europe_mideast/Merck-unveils-OTC-strategy-sparks-debate-on-sector_66250.html
December 19, 2014
Canada’s producers of industrial chemicals are projecting a slight decline in sales volumes and profits in 2015 but a 30% increase in capital investment, according to a survey of...
http://www.chemweek.com/sections/business_finance/usa_americas/Canadian-producers-project-record-sales-for-2014-slight-decline-in-2015_66325.html
December 19, 2014
Enterprise Products Partners (Houston) has started a binding open season for a proposed expansion of the portion of its Panola Pipeline natural gas liquids (NGLs) system between...
http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-seeks-shippers-for-Panola-NGL-pipeline-expansion_66326.html
December 19, 2014
US ethylene prices continued to weaken the week ended 19 December despite production issues at Chevron Phillips Chemical’s (CPChem) Sweeny complex in Old Ocean, TX; and Dow...
http://www.chemweek.com/sections/business_finance/usa_americas/Production-issues-fail-to-lift-US-ethylene-prices_66327.html
December 19, 2014
Olin plans to close permanently the portion of the company’s Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66329.html
December 19, 2014
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Select Chemicals Ltd. (Yorktown, TX), a maker of production chemicals for oil and gas operations in...
http://www.chemweek.com/sections/business_finance/usa_americas/WadeCo-acquires-oil-production-chemicals-maker_66330.html
December 19, 2014
MEGlobal (Dubai) has launched a front-end engineering design (FEED) study for construction of a world-scale ethylene glycol (EG) plant on the US Gulf coast. The plant is expected to...
http://www.chemweek.com/sections/business_finance/usa_americas/MEGlobal-studies-world-scale-ethylene-glycol-project-in-US_66331.html
December 17, 2014
The European Council–the institution of the heads of state or government of the member states of the European Union—has announced that it has reached a political agreement...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Council-reaches-political-agreement-to-reduce-consumption-of-plastic-bags_66247.html
December 17, 2014
Six substances have been added to the candidate list of substances of very high concern (SVHC), under the European Union’s Registration, Evaluation, Authorisation, and...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-adds-six-substances-to-SVHC-list_66244.html
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