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Archives :: Chemical Week Magazine :: Business & Finance
Displaying 121 - 140 of 4033 stories.
March 29, 2013
Songwon Industrial (Ulsan, South Korea) says that its one pack systems (OPS) plastic additives joint venture at Houston will start up operations in mid-April. The plant is a jv among...http://www.chemweek.com/sections/business_finance/usa_americas/Songwon-JV-to-start-Houston-additives-plant-in-mid-April_50854.html March 19, 2013
The US House of Representatives subcommittee on environment and the economy on 14 March held an oversight hearing on the Chemical Facility Anti-Terrorism Standards (CFATS) with...http://www.chemweek.com/sections/business_finance/usa_americas/ACC-Socma-House-testimony-highlights-CFATS-improvements_50550.html March 19, 2013
Enterprise Products Partners (Houston) has announced plans to develop a 270-mile naural gas liquids (NGLs) pipeline on the US Gulf Coast to deliver ethane to petrochemical plants, the...http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-to-develop-US-ethane-pipeline-expands-LPG_50549.html March 19, 2013
Chemical makers that reported earnings last week posted results that were generally lower. Kronos was hit by weak titanium dioxide (TiO2) markets, while KMG Chemicals saw demand for...http://www.chemweek.com/sections/business_finance/usa_americas/Chemical-makers-continue-to-post-weak-earnings_50548.html March 19, 2013
Calgon Carbon has agreed to nominate two new independent directors in an agreement with hedge fund Starboard Value (New York), ending Starboard’s attempt to nominate directors to the company’s board....http://www.chemweek.com/sections/business_finance/usa_americas/Calgon-Carbon-to-expand-board-in-deal-with-hedge-fund_50547.html March 19, 2013
A legal dispute has erupted between Klesch Group (Geneva), a special situations investor; and Arkema over Kem One (Lyon, France), the former polyvinyl chloride (PVC) business of...http://www.chemweek.com/sections/business_finance/europe_mideast/Klesch-and-Arkema-at-odds-over-PVC-producer-Kem-One_50302.html March 19, 2013
Arkema is betting strongly on the Asian and North American markets, focusing its investments on the high-performance materials and coating solutions areas, to remain on track toward its 2016 strategic targets....http://www.chemweek.com/sections/business_finance/europe_mideast/Arkema-bets-on-Asia-and-North-America-for-growth_50301.html March 19, 2013
Verde Potash (Toronto) says it has applied for a preliminary environmental permit for its Cerrado Verde potash project in Minas Gerais, Brazil. The project would help to meet growing...http://www.chemweek.com/sections/business_finance/usa_americas/Verde-Potash-files-permit-for-potash-project-in-Brazil_50300.html March 19, 2013
Sasol North America has selected Univation’s Unipol polyethylene (PE) technology for a 450,000-m.t./year plant to be built as part of a previously announced $5–7 billion...http://www.chemweek.com/sections/business_finance/usa_americas/Sasol-picks-PE-route-for-Lake-Charles-eyes-other-products_50299.html March 19, 2013
Bayer says that its Bayer CropScience subgroup has signed an agreement with wheat-breeding company Biotrigo Genética (Passo Fundo, Brazil) to expand the companies’...http://www.chemweek.com/sections/business_finance/usa_americas/Bayer-CropScience-expands-partnership-with-Biotrigo_50298.html March 19, 2013
Praxair completed its previously announced acquisition of beverage carbonation firm NuCO2 on 1 March for $1.1 billion from Aurora Capital Group (Los Angeles)....http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-completes-NuCO2-deal-Venezuela-charge-to-hurt-earnings_50297.html March 19, 2013
DuPont’s Pioneer seed unit and Mendel Biotechnology (Hayward, CA) have entered into a license collaboration to evaluate and commercialize new gene leads for increased water-use efficiency and improved photosynthesis in corn, DuPont says....http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-signs-pact-with-Mendel-to-develop-water-efficient-corn-trait_50517.html March 19, 2013
Vale informed the Argentinean government that it is suspending work on a potash project at Rio Colorado, Argentina, according to brief statement issued on 11 March. Vale says that the...http://www.chemweek.com/sections/business_finance/usa_americas/Soaring-costs-cause-Vale-to-halt-Argentinean-potash-project_50516.html March 19, 2013
Lubrizol says that its CPI Engineering Services subsidiary, a maker of synthetic lubricants for the compressor original equipment manufacturer (OEM) market, will partner with Oxea to...http://www.chemweek.com/sections/business_finance/asia_pacific/Lubrizol-and-Oxea-to-produce-refrigeration-lubricants-in-China_50496.html March 19, 2013
The Chinese government says that it will elevate the status of the existing State Food and Drug Administration (SFDA; Beijing) in order to strengthen regulation and boost confidence in...http://www.chemweek.com/sections/business_finance/asia_pacific/China-to-establish-a-stronger-food-and-drug-safety-watchdog_50495.html March 19, 2013
Merck KGaA (Darmstadt, Germany) has reported a more than doubling in fourth-quarter net income, to €271.8 million ($353.7 million), due to favorable one-time effects on income tax...http://www.chemweek.com/sections/business_finance/europe_mideast/Merck-KGaA-reports-higher-earnings-increases-savings-target_50459.html March 19, 2013
Bayer MaterialScience (BMS) is seeing tightening in the polyurethane (PU) and polycarbonate (PC) markets, a situation that should ease with the company’s investment plans. Patrick Thomas, CEO of BMS, on the sidelines of Bayer’s results briefing in Leverkusen late last month said that last year’s toluene diisocyanate (TDI) growth rates were more than 6%....http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-expands-PC-and-PU-production-as-markets-tighten_50458.html March 19, 2013
Linde has acquired a 51% stake in Organic CO2 for Assimilation by Plants (OCAP) joint venture from partner Volker Wessels Stevin Deelnemingen, making Linde the sole owner of OCAP. The...http://www.chemweek.com/sections/business_finance/europe_mideast/Linde-buys-partner-out-of-Dutch-joint-venture_50522.html March 19, 2013
Lanxess says it has achieved higher earnings in the fourth quarter despite soft underlying demand with Ebitda before one-time items up 37%, to €239 million ($313.7 million)...http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-reports-higher-earnings-closes-plants-until-demand-picks-up_50521.html March 19, 2013
Evonik Industries reported a 6% drop in fourth-quarter Ebitda, to €492 million ($641.7 million), on 2% lower sales, to €3.27 billion, attributing the decline to destocking by customers and economic weakness. Net income was 86% higher, to €276 million, mainly because of tax effects....http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-posts-lower-sales-and-earnings-readies-IPO_50520.html |
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