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December 18, 2013
The European Commission has opened an investigation into Germany's renewable energy law (EEG), chemical trade association VCI (Frankfurt) says. Germany's energy-intensive...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-says-financial-relief-for-energy-intensive-industries-is-critical-and-appropriate-update_57419.html
December 16, 2013
The European Chemicals Agency (ECHA; Helsinki) says that it has added seven new substances of very high concern (SVHC) to the candidate list for authorization, under the European...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-adds-seven-SVHCs-to-candidate-list-for-authorization_57423.html
December 13, 2013
The European Union's research and innovation program, Horizon 2020, was launched this week by Máire Geoghegan-Quinn, European commissioner for research, innovation, and science...
http://www.chemweek.com/sections/business_finance/europe_mideast/Chemical-industry-welcomes-launch-of-EUs-$110-billion-Horizon-2020-research-and-innovation-program_57396.html
December 13, 2013
Elekeiroz (São Paulo) has acquired an oxo-gas plant from Air Products at Camaçari, Brazil, the company said on 9 December. The deal includes the transfer of the...
http://www.chemweek.com/sections/business_finance/usa_americas/Elekeiroz-acquires-Air-Products-oxo-gas-plant-in-Brazil_57329.html
December 13, 2013
Honeywell says it will invest $300 million to build a plant for hydrofluoroolefin (HFO)-1234yf, a car air-conditioning refrigerant, at the company’s Geismar, LA, site. The plant is expected to be operational in 2016, Honeywell says....
http://www.chemweek.com/sections/business_finance/usa_americas/Honeywell-plans-$300-million-HFO-1234yf-investment_57330.html
December 13, 2013
Waterfront Shipping (Vancouver, BC), the marine transportation subsidiary of Methanex, has reached an agreement with Mitsui O.S.K. Lines (MOL; Tokyo), Westfal-Larsen & Co. (WL...
http://www.chemweek.com/sections/business_finance/usa_americas/Methanex-to-add-methanol-powered-tankers-to-shipping-fleet_57331.html
December 13, 2013
Kemira and the European Investment Bank (EIB; Luxembourg) have signed a €45-million ($62 million) R&D loan agreement, Kemira has announced. EIB has evaluated and granted the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-signs-R-and-D-loan-agreement-with-EIB_57286.html
December 13, 2013
Repsol has restarted production at its high-density polyethylene (HDPE) and low-density polyethylene (LDPE) plants at Tarragona, Spain, following a maintenance turnaround at the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Repsol-restarts-Tarragona-PE-units-ships-ethylene-from-Sines_57287.html
December 13, 2013
Sahara Petrochemical Co. (Riyadh) and Saudi International Petrochemical Co. (Sipchem; Al Khubar) have signed a memorandum of understanding (MOU) to begin confirmatory due diligence and continue nonbinding negotiations covering detailed terms of their previously announced merger....
http://www.chemweek.com/sections/business_finance/europe_mideast/Sahara-Sipchem-sign-MOU-for-proposed-merger_57288.html
December 13, 2013
Qatar Petroleum (QP; Doha) has signed a memorandum of understanding (MOU) with Zeon (Tokyo) and Mitsui & Co. for the development of an integrated, world-scale butadiene extraction...
http://www.chemweek.com/sections/business_finance/europe_mideast/Qatar-Petroleum-signs-MOU-for-Ras-Laffan-butadiene-elastomer-project_57332.html
December 13, 2013
The chemical industry welcomed the global trade deal hammered out at a World Trade Organization (WTO; Geneva) ministerial conference held earlier this month in Bali, Indonesia....
http://www.chemweek.com/sections/business_finance/europe_mideast/Industry-welcomes-WTO-deal-urges-tariff-reductions_57333.html
December 13, 2013
Air Liquide says it has been awarded a major long-term contract by Semiconductor Manufacturing International Corp. (SMIC; Shanghai) to supply ultrapure carrier gases to SMIC’s latest wafer fab at Beijing, which will manufacture advanced integrated circuits for consumer electronics and mobile devices for international and Chinese markets....
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Liquide-signs-gases-contract-in-China_57289.html
December 13, 2013
Braskem and Genomatica (San Diego) have reached an agreement to jointly develop commercial process technology to make butadiene from renewable feedstocks. Braskem—the...
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-and-Genomatica-to-develop-biobutadiene-technology_57354.html
December 13, 2013
Monsanto and Novozymes have entered into a long-term strategic alliance to jointly develop agricultural biologicals for global broadacre crops, fruits, and vegetables....
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-Novozymes-form-ag-biologicals-alliance_57355.html
December 13, 2013
Private equity firm Arsenal Capital (New York) has purchased Flowchem (Waller, TX), a maker of specialty chemicals for pipelines....
http://www.chemweek.com/sections/business_finance/usa_americas/Arsenal-Capital-buys-pipeline-chemicals-firm-Flowchem_57366.html
December 13, 2013
Mosaic has announced that it has entered into an agreement to repurchase 43.3 million restricted Class-A shares—roughly 10% of shares outstanding—over the next eight months from...
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-to-repurchase-shares-from-Cargill-trusts_57367.html
December 13, 2013
Private equity firm Apollo Management (New York) is selling 10 million shares in Taminco at $20/share in a secondary public offering, the company says. Apollo, which owns 70.5% of...
http://www.chemweek.com/sections/business_finance/usa_americas/Apollo-to-cut-Taminco-stake_57368.html
December 13, 2013
The engineering team at Emerald Polymer Additives and Nitriles (Akron, OH), a business group of Emerald Performance Materials, has commissioned a pilot plant to expand the group’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Emerald-commissions-Nychem-pilot-plant_57370.html
December 13, 2013
Enterprise Products Partners says it expects commercial service on its Appalachia-to-Texas Express (ATEX) natural gas liquids (NGLs) pipeline to begin in January 2014. Enterprise says the process of injecting ethane into ATEX began in late November and will continue throughout December....
http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-begins-filling-Marcellus-to-Texas-NGL-pipeline_57371.html
December 13, 2013
EuroChem (Moscow), Russia’s largest producer of fertilizers; and Migao (Toronto), a specialty potash fertilizer producer, have confirmed plans to establish a fertilizer...
http://www.chemweek.com/sections/business_finance/asia_pacific/EuroChem-and-Migao-form-fertilizer-joint-venture-in-China_57290.html
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