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March 24, 2016
Ineos reached a historic milestone on 23 March when the JS Ineos Intrepid, the largest multigas carrier, arrived at the company’s petrochemical complex at Rafnes, Norway, carrying the first ethane export shipment from the United States to Europe....
March 24, 2016
Lanxess and Saudi Aramco have announced the members of the executive board of Arlanxeo (Maastricht, Netherlands), their previously announced 50-50 synthetic rubber joint venture. Each...
March 24, 2016
Mitsui & Co. says that it has agreed with Behn Meyer (BM; Singapore), a major distributor of chemicals in Southeast Asia, for the establishment of an investment company, BMM...
March 24, 2016
Barring global recession, prospects in the automotive sector look exceedingly bright for petrochemical makers, says Jim Fitterling, Dow Chemical’s president and COO....
March 24, 2016
Olin is reducing its chlor-alkali capacity this quarter by 433,000 m.t./year on a caustic soda basis. The company, which first announced the plan in November 2015, says it will take a...
March 24, 2016
A. Schulman on 14 March cut earnings guidance to $2.40–2.45/share from $2.80–2.85/share because of continuing product quality issues, lower volumes due to low oil prices...
March 10, 2016
M&A activity in the chemical sector is set for a record year in 2016, according to a report by consulting firm A.T. Kearney (Chicago). The total value of the top-10...
March 10, 2016
The Society of Chemical Industry (SCI; Philadelphia) awarded its 2016 Chemical Industry Medal to former LyondellBasell Industries chairman and CEO James Gallogly at a ceremony in New...
March 10, 2016
Sumitomo Chemical has announced a corporate business plan that will cover through fiscal 2018, ending 31 March 2019. The company, under the new plan, is targeting sales of ¥2.54...
March 10, 2016
Mitsui & Co. says that it has agreed with Hankuk Carbon (Miryang, South Korea), a company that manufactures and sells carbon fiber prepreg and other composites, to collaborate in...
March 10, 2016
Covestro says that it has signed an agreement with Nanodax (Tokyo) regarding developing innovative polycarbonate (PC) composites reinforced with glass wool. Nanodax has developed a...
March 10, 2016
Arkema reports a “very solid” performance for the fourth quarter and full-year 2015. Fourth-quarter Ebitda was up 29%, to €214.0 million ($232.5 million)....
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