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December 13, 2013
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), has signed a share-purchase agreement with NSL Chemicals (Singapore), to buy the whole of NSL Chemicals...
http://www.chemweek.com/sections/business_finance/asia_pacific/SCG-Chemicals-increases-stake-in-Bangkok-Synthetics_57291.html
December 13, 2013
PTT Global Chemical (PTTGC; Bangkok) says it has signed an engineering, procurement, and construction contract with SK Engineering & Construction (SK; Seoul) and PTT Maintenance...
http://www.chemweek.com/sections/business_finance/asia_pacific/PTT-Global-Chemical-expands-aromatics-capacity_57292.html
December 13, 2013
The European Investment Bank (EIB; Luxembourg) is to lend €65 million ($89.5 million) to support R&D projects in production technology for second-generation biofuel at...
http://www.chemweek.com/sections/business_finance/europe_mideast/Biochemtex-receives-$90-million-loan-for-R-and-D-on-second-generation-bioethanol_57386.html
December 13, 2013
German chemical trade association VCI (Frankfurt) says it is "cautiously optimistic" for the start of 2014, and expects an increase in chemical production of 2% in the coming...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-cautiously-optimistic-for-German-chemical-industry-in-2014-expects-production-rise-of-2-percent_57310.html
December 12, 2013
The European Food Safety Authority (EFSA; Parma, Italy) has completed its first full risk assessment of aspartame, used as a sweetener, and concluded that both aspartame and its...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-concludes-aspartame-is-"safe-at-current-levels-of-exposure"_57318.html
December 9, 2013
Kemira says it has successfully started up its coagulant plant at Dormagen, Germany. The location of the plant at a Bayer MaterialScience site gives Kemira access to hydrochloric...
http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-starts-up-coagulant-plant-at-Dormagen-Germany_57195.html
December 9, 2013
Chemical production in the European Union rose by 0.7% in September 2013 compared with the year-ago period, confirming growth for the second consecutive quarter, Cefic says. Two...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-EU-chemical-industry-out-of-recession-but-recovery-is-fragile_57199.html
December 9, 2013
Nuevolution (Copenhagen, Denmark), a small molecule lead discovery company, says it has appointed Tom Berkien as chief business officer, effective 1 January. Berkien will lead...
http://www.chemweek.com/sections/business_finance/europe_mideast/Nuevolution-appoints-Berkien-as-chief-business-officer_57187.html
December 6, 2013
The European Council says it has agreed on a proposal aimed at a minimum infrastructure for alternative fuels across the European Union, to be in place by 2030. The council believes...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Council-sets-out-approach-to-minimum-infrastructure-for-alternative-fuels-across-EU_57174.html
December 6, 2013
The European Chemicals Agency (ECHA; Helsinki) has reviewed key events in 2013, and provided an outline for 2014. The second deadline for the EU's Registration, Evaluation...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-reviews-2013-outlines-plans-for-2014_57176.html
December 6, 2013
Lotte Chemical (Seoul) says it intends to close its purified terephthalic acid (PTA) plant at Wilton, UK, with the potential loss of 70 jobs. The company cites growing competition from...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lotte-Chemical-to-close-PTA-facility-in-the-UK_57139.html
December 6, 2013
Investments in the United States and China are key elements of Sabic’s new 2025 strategy, CEO Mohamed Al Mady told CW recently....
http://www.chemweek.com/sections/business_finance/usa_americas/Exclusive-US-and-China-are-key-focus-of-Sabics-strategy_57129.html
December 6, 2013
Merck KGaA (Darmstadt, Germany) is looking to strengthen its presence in the prescription pharmaceuticals market in the United States and is open to more collaborations and acquisitions....
http://www.chemweek.com/sections/business_finance/usa_americas/Merck-KGaA-eyes-pharma-acquisitions-in-the-US_57130.html
December 6, 2013
ACC president and CEO Cal Dooley, on 4 December, outlined a number of key policy issues, including an overhaul of the Toxic Substances Control Act (TSCA), a comprehensive energy policy, and the removal of barriers to trade as ACC’s top 2014 advocacy priorities....
http://www.chemweek.com/sections/business_finance/usa_americas/TSCA-reform-and-energy-policy-top-ACCs-agenda_57133.html
December 6, 2013
PotashCorp says it will reduce its workforce in Canada, the United States, and Trinidad by approximately 18%, equivalent to more than 1,000 people. “Despite confidence in the...
http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-to-slash-more-than-1000-jobs-close-plants_57134.html
December 6, 2013
Dow Corning says it will buy out Mitsubishi Materials’ (Tokyo) stake in the Hemlock Semiconductor Group joint ventures for $240 million. Dow Corning has purchased Mitsubishi Materials’ 12.125% ownership share in both Hemlock Semiconductor Corp. and Hemlock Semiconductor LLC....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-Corning-buys-Mitsubishi-Materials-stake-in-Hemlock_57135.html
December 6, 2013
Sulfuric acid maker Chemtrade (Toronto) says it has acquired General Chemical (Parsippany, NJ) from private equity firm American Securities (New York) for $860 million. General...
http://www.chemweek.com/sections/business_finance/usa_americas/Chemtrade-acquires-General-Chemical-from-private-equity_57136.html
December 6, 2013
Solvay has agreed to acquire the specialty chemical assets of Erca Química (Itatiba, Brazil), a subsidiary of Erca Group (Grassobbio, Italy). Solvay says the acquisition more...
http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-to-acquire-Erca-Groups-specialty-chemical-assets_57137.html
December 6, 2013
Ineos says it will close a number of older manufacturing assets at its Grangemouth, UK, petrochemical complex, which will lead to some job cuts but not as many as the 200 that the Unite trade union had feared....
http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-to-close-plants-at-Grangemouth-may-cut-jobs_57138.html
December 6, 2013
Sumitomo Chemical has reached an agreement to acquire LyondellBasell Industries’ stake in the companies’ Nihon Oxirane (Tokyo) joint venture. Sumitomo holds 60% and LyondellBasell holds 40% of the jv. Nihon Oxirane, established in 1972, produces and sells styrene, propylene oxide (PO), and propylene glycol (PG)....
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-buys-LyondellBasell-out-of-Nihon-Oxirane_57089.html
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