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April 4, 2014
The chemical businesses of Sinopec and PetroChina report weak financial results for 2013. Operating profits for Sinopec’s chemicals segment decreased 26.3% in 2013 compared with...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-PetroChina-chemical-units-report-lower-earnings_60031.html
April 4, 2014
Ineos says it is taking legal action against Sinopec and Sinopec subsidiaries, including Sinopec Ningbo Engineering Co. (SNEC), for breach of contract and/or misuse of trade secrets...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ineos-sues-Sinopec-over-misuse-of-acrylonitrile-technology_60032.html
April 4, 2014
Recent additions to ethylene glycol (EG) capacity may have kept the world market in rough balance, but serious production issues have limited actual availability, according to Tison...
http://www.chemweek.com/sections/business_finance/usa_americas/Outages-will-push-EO-EG-operating-rates-into-the-red-drive-up-prices_60095.html
April 4, 2014
Conditions supporting shale gas production in the United States are unique, and other countries will not easily replicate them, say Kenneth Medlock III, senior director of the Center...
http://www.chemweek.com/sections/business_finance/usa_americas/AFPM-IPC-Market-legal-issues-slow-shale-outside-of-US_60090.html
April 4, 2014
The chemical industry is as strong, vital, and essential as ever, but it has retreated from the public eye, leaving the stage to newcomers and detractors, says Frank Popoff, former Dow Chemical CEO (1987–95) and company chairman (1992–2000)....
http://www.chemweek.com/sections/business_finance/usa_americas/Former-Dow-CEO-Popoff-counsels-higher-industry-profile_60091.html
April 4, 2014
D ow Chemical announced on 31 March that its joint venture chlor-alkali facility with Mitsui & Co. has started full-scale production at Freeport, TX. The facility has capacity for...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-Mitsui-start-up-Freeport-chlor-alkali-joint-venture_60097.html
April 4, 2014
Balchem says it has agreed to acquire SensoryEffects (St. Louis), a privately held maker of food and beverage ingredients, for $567 million. SensoryEffects’ 2014 revenues should...
http://www.chemweek.com/sections/business_finance/usa_americas/Balchem-to-acquire-food-ingredients-maker_60098.html
April 4, 2014
The Intergovernmental Panel on Climate Change (IPCC; Geneva) says, in a report published at the end of March, that the effects of climate change are already occurring on all continents and across the oceans....
http://www.chemweek.com/sections/business_finance/usa_americas/IPCC-climate-report-urges-a-stronger-focus-on-adaptation_60100.html
April 4, 2014
Soybean sales and margin expansion lifted Monsanto’s fiscal second-quarter results above expectations, and the company reaffirmed its fiscal 2014 guidance of mid-teens earnings...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-beats-expectations-on-strong-soybean-sales_60101.html
April 4, 2014
US exports of polyethylene (PE), polypropylene, and para -xylene, three of the largest primary petrochemical products, could double by 2025 thanks to shale gas, ExxonMobil Chemical president Stephen Pryor told attendees in a keynote address at the IHS Chemical World Petrochemical Conference at Houston on 26 March....
http://www.chemweek.com/sections/business_finance/usa_americas/US-exports-of-petrochemicals-could-double-by-2025-ExxonMobil-says_60102.html
April 4, 2014
While US producers have entered growth and investment mode thanks to the surge in unconventional energy production, producers in all regions must adapt in response to challenges in development of human resources; innovation and R&D; and cost and feedstock competitiveness, according to speakers on an executive panel at the IHS Chemical World Petrochemical Conference (WPC) in Houston on 26 March....
http://www.chemweek.com/sections/business_finance/usa_americas/IHS-WPC-Producers-adapt-to-rapidly-changing-landscape_60103.html
April 4, 2014
Lanxess has announced several leadership changes, following the arrival of Matthias Zachert as chairman of the board this week. Jorge Nogueira will assume responsibility for the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-makes-leadership-changes_60106.html
April 3, 2014
Croatian companies manufacturing substances in or importing substances into the European Union in amounts exceeding 100 m.t./year, or that are carcinogenic, mutagenic, or toxic to...
http://www.chemweek.com/sections/business_finance/europe_mideast/First-Reach-deadline-for-Croatian-companies-1-July-2014_60047.html
April 3, 2014
Lanxess says it is collaborating with EconCore (Leuven, Belgium) to develop new thermoplastic sandwich materials for lightweight construction. The objective of the collaboration is to...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-joins-with-EconCore-to-develop-nylon-sandwich-materials_60040.html
April 3, 2014
The European Chemicals Agency (ECHA; Helsinki) has published decisions on evaluations by European member states of 14 substances under the European Union’s Registration...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-publishes-first-evaluation-decisions-under-Reach_60037.html
April 2, 2014
BASF says that it is going to expand its leading position in the production of superabsorbent polymers for the global hygiene industry with a new technology. The innovation delivers...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-evaluating-investments-in-production-of-superabsorbents_59886.html
April 1, 2014
The Transatlantic Trade and Investment Partnership (TTIP), currently being negotiated between the European Union and the United States, is a “remarkable, historic...
http://www.chemweek.com/sections/business_finance/usa_americas/Cefics-Mandery-TTIP-an-historic-opportunity-but-regulatory-divide-must-be-addressed_59973.html
April 1, 2014
Evonik Industries and automaker Daimler are restructuring their activities in the area of electric mobility to reflect changes in market conditions, the companies announced today...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-and-Daimler-to-restructure-lithium-ion-activities_59972.html
March 28, 2014
International Flavors & Fragrances (IFF) says it is realigning responsibilities under Nicolas Mirzayantz, president/fragrances, effective 1 April. The change includes creation of a...
http://www.chemweek.com/sections/business_finance/usa_americas/IFF-makes-organization-changes-in-fragrances-business-unit_59903.html
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