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May 8, 2015
PQ has named George Biltz president and CEO, effective 1 May. Biltz succeeds Michael Boyce, who will continue to serve as PQ chairman. PQ is a leading producer of silicates, specialty...
http://www.chemweek.com/sections/business_finance/usa_americas/PQ-confirms-new-CEO-former-CEO-remains-chair_70233.html
May 8, 2015
First-quarter specialty chemical results largely withstood negative currency impacts, with many companies reporting higher earnings despite lower sales. Solid results in Ecolab’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-hold-up-despite-currency-impacts_70234.html
May 8, 2015
Cargill has acquired the fermentation-based processes and systems of OPX Biotechnologies (OPXBio; Boulder, CO), an industrial biotechnology firm that had been working on a biobased...
http://www.chemweek.com/sections/business_finance/usa_americas/Cargill-acquires-OPX-Biotechnologies_70235.html
May 8, 2015
Westlake Chemical Partners (Westlake Partners; Houston) acquired approximately 2.7% of additional limited partner interest in Westlake Chemical OpCo (OpCo) for approximately $135 million. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Westlake-Partners-ups-interest-in-cracker-pipeline-affiliate_70236.html
May 8, 2015
Market sources have said this week that competitive propane and butane steam cracking economics and high propylene inventory levels opposite strengthening crude oil prices were leading...
http://www.chemweek.com/sections/business_finance/usa_americas/Mixed-fundamentals-a-factor-ahead-of-May-propylene-contract-settlement_70193.html
May 8, 2015
Dow Chemical's Taft, LA, no. 1 ethylene unit is expected to come back online by next week, according to market participants. The no.1 ethylene unit went down in late March for planned...
http://www.chemweek.com/sections/business_finance/usa_americas/Dows-Louisiana-ethylene-unit-still-set-for-early-May-restart_70192.html
May 8, 2015
The no. 2 steam cracker of Total's Antwerp olefins subsidiary has restarted, the company has confirmed. The no. 2 Antwerp cracker had a leak on 25 April as a result of a mechanical...
http://www.chemweek.com/sections/business_finance/europe_mideast/Total-confirms-restart-of-Antwerp-NC2-cracker_70181.html
May 7, 2015
Growth and competitiveness in Germany’s chemical industry depend closely on the potential represented by motivated and well-qualified employees, says chemical industry...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germanys-chemical-industry-employers-association-calls-for-shortage-of-skilled-workers-to-be-addressed_70180.html
May 7, 2015
At the start of a consultation in Germany’s parliament and upper chamber on the question of fracking, the country’s chemical industry trade association VCI (Frankfurt) has...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-calls-for-clear-guidelines-for-natural-gas-production-calls-for-use-of-fracking-technology_70165.html
May 6, 2015
Evonik Industries says today it started 2015 with a “strong performance,” generating one of its best quarterly results since 2009 on strong performance in the nutrition and...
http://www.chemweek.com/sections/business_finance/Evonik-reports-54-percent-increase-in-net-income_70115.html
May 5, 2015
Grupa Azoty (Tarnów, Poland) has announced the introduction of Oxoviflex, which it says is Poland's first non-phthalate plasticizer. The unit was built at a cost of over 40...
http://www.chemweek.com/sections/business_finance/europe_mideast/Grupa-Azoty-introduces-non-phthalate-plasticizer_70085.html
May 4, 2015
CatSci (Cardiff, UK), a catalysis company, has announced that it has been awarded two grants from Innovate UK, the United Kingdom’s innovation agency (formerly the Technology...
http://www.chemweek.com/sections/business_finance/europe_mideast/CatSci-receives-two-grants-to-develop-industrial-biotech-processes_70054.html
April 30, 2015
Quaker Chemical has announced net sales of $181.3 million in first-quarter 2015 compared with $181.7 million in first-quarter 2014. Year-on-year (YOY) volume growth, including...
http://www.chemweek.com/sections/business_finance/Quaker-Chemical-volumes-grow-but-sales-Ebitda-fall-on-foreign-currency-effects_69966.html
April 30, 2015
Trecora Resources (Sugar Land, TX) has announced revenue of $55.1 million in first-quarter 2015, compared with $64.1 million in the year-ago quarter, a decrease of 14% year-on-year...
http://www.chemweek.com/sections/business_finance/Trecora-Resources-reports-improved-profitability-on-lower-sales-in-first-quarter_69974.html
April 30, 2015
CO2 Solutions (Quebec City) has presented the results of pilot testing of its carbon capture process, completed in January 2015. The company says that the detailed results presented...
http://www.chemweek.com/sections/business_finance/usa_americas/CO2-Solutions-presents-results-of-carbon-dioxide-capture-testing-beats-DOE-cost-target-10-years-ahead-of-schedule_69987.html
April 30, 2015
SGL Group (Wiesbaden, Germany), a manufacturer of carbon-based products and materials, has reported a large year-on-year (YOY) increase in Ebitda before non-recurring items and a small...
http://www.chemweek.com/sections/business_finance/SGL-announces-increase-in-profit-on-slightly-lower-sales_69932.html
April 29, 2015
The European Chemicals Agency (ECHA; Helsinki) and the Danish Environmental Protection Agency (DEPA; Copenhagen) have announced that they will jointly investigate the need for a...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-calls-for-evidence-on-uses-of-phthalate-in-articles-preparation-for-restriction_69934.html
April 29, 2015
Freeport LNG Expansion (Freeport LNG) today announced that its subsidiary FLNG Liquefaction 3 has successfully closed the financing required for constructing the third train of its...
http://www.chemweek.com/sections/business_finance/Freeport-LNG-closes-financing-starts-constructing-third-liquefaction-train_69923.html
April 29, 2015
Bayer CropScience has announced Healthy Hives 2020, the aims of which are to improve the health of honeybee colonies in the United States in the next five years, the company says. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Bayer-CropScience-launches-honeybee-health-initiative_69922.html
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