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March 21, 2014
DuPont’s ongoing transformation has the company more clearly focused on opportunities in the agriculture and food and nutrution value chain, DuPont’s executive v.p. and CIO, Thomas Connelly, told attendess at the 19 March Société de Chimie Industrielle—America’s meeeting in New York....
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-sharpens-focus-on-ag_59722.html
March 21, 2014
Shanghai Chemical Industry Park Industrial Gases (Scipig), a joint venture between Air Liquide and Praxair, has been awarded a 15-year contract to supply industrial gases to Shanghai...
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Liquide-Praxair-JV-awarded-gases-deal-by-Shanghai-Secco_59705.html
March 21, 2014
Sinopec has signed a long-term contract to purchase propane from Phillips 66 for use as chemical feedstock. Sinopec has not released details of the contract.“This is a mutually...
http://www.chemweek.com/sections/business_finance/usa_americas/Sinopec-signs-feedstock-propane-export-deal-with-Phillips-66_59723.html
March 21, 2014
W.R. Grace said last week that it is targeting 8-10% growth in Ebit, and sales growth of 1.5-2 times (x) GDP from 2014 through 2018....
http://www.chemweek.com/sections/business_finance/usa_americas/Grace-sets-8-10-percent-earnings-growth-target-through-2018_59724.html
March 21, 2014
The chemical sector in Germany rounded off a turbulent 2013 with a strong fourth quarter, says industry association VCI (Frankfurt). Production in Germany’s third-largest...
http://www.chemweek.com/sections/business_finance/europe_mideast/German-industry-ends-2013-strongly-positive-on-2014_59702.html
March 21, 2014
Wacker Chemie has provided more details on its strategies following the recent announcement of the company’s preliminary results....
http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-Better-results-in-2014-polysilicon-deal-with-China_59703.html
March 21, 2014
The fourth-quarter 2013 results of leading Europe-based companies reflect continued uncertainty in European and overseas economies as well as financial challenges, such as unfavorable...
http://www.chemweek.com/sections/business_finance/europe_mideast/Leading-companies-battle-to-boost-sales-earnings_59725.html
March 21, 2014
Agricultural chemical firm Nufarm (Melbourne) has announced that the company will permanently close its plants at Welshpool, Western Australia State; and Lytton, Queensland State....
http://www.chemweek.com/sections/business_finance/asia_pacific/Nufarm-will-close-pair-of-production-facilities-in-Australia_59704.html
March 21, 2014
Asahi Kasei says that its Asahi Kasei Construction Materials (Tokyo) subsidiary has added a production line for Neoma phenolic foam insulation panels at its plant at Sashima, Japan...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-ups-phenolic-foam-insulation-panels-capacity_59706.html
March 21, 2014
FMC expects first-quarter 2014 operating profit in its agricultural solutions segment to decline in the mid-20% range year-on-year because of cold weather in North America constricting...
http://www.chemweek.com/sections/business_finance/usa_americas/FMC-predicts-weaker-ag-results-due-to-cold-weather_59734.html
March 21, 2014
LG Chem, in a filing to the Korea Exchange (Seoul), says that it has agreed to purchase NanoH2O (El Segundo, CA) for $200 million. The acquisition has been approved by LG Chem’s...
http://www.chemweek.com/sections/business_finance/usa_americas/LG-Chem-acquires-NanoH2O_59735.html
March 21, 2014
Sensient Technologies last week released a letter to shareholders outlining its opposition to hedge fund FrontFour Capital’s (New York) slate of four director nominees....
http://www.chemweek.com/sections/business_finance/usa_americas/Sensient-releases-letter-opposing-dissident-nominees_59736.html
March 20, 2014
The number of carbon dioxide emission permits to be auctioned within the European Union’s emissions trading scheme (EU ETS) will be reduced by 400 million during 2014...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-ETS-Repairs-underway_59690.html
March 19, 2014
DuPont said on 10 March that it still expects to post full-year 2014 operating earnings of $4.20-4.45/share despite “challenged” first-quarter earnings and revenue growth due to winter storms in North America and business disruptions in Ukraine....
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-sees-challenged-first-quarter-but-maintains-forecast_59577.html
March 19, 2014
BASF says it has declared force majeure on citral-based aroma chemicals, as well as vitamin A and vitamin E products. The company has shut down the citral plant at Ludwigshafen because...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-declares-force-majeur-on-citral-derivatives_59664.html
March 19, 2014
The European Chemicals Agency (ECHA; Helsinki) has started an open consultation on a harmonized classification and labeling (CLH) proposal for triflumizole, a pesticide. The substance...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-CLH-consultation-for-triflumizole_59663.html
March 19, 2014
The risk assessment committee (RAC) of the European Chemicals Agency (ECHA; Helsinki) has adopted an opinion to strengthen the existing classification of bisphenol A (BPA) under the...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-proposes-stronger-classification-of-BPA_59658.html
March 18, 2014
In the next few weeks, the direction will be set at Brussels and Berlin for the future of the German chemical industry, chemical trade association VCI (Frankfurt) says. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Energy-policy-decisive-for-the-future-of-the-German-chemical-industry_59641.html
March 18, 2014
The European Food Safety Authority (EFSA; Parma, Italy) says it will hold a follow-up meeting for stakeholders and interested parties to discuss comments received during the public...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bisphenol-A-EFSA-to-hold-follow-up-meeting-on-public-consultations_59643.html
March 18, 2014
The European Commission says it has asked member states to monitor the presence of brominated flame retardants (BFRs) in food over the next two years. The move is in response to...
http://www.chemweek.com/sections/business_finance/europe_mideast/Brominated-flame-retardants-European-Commission-requests-monitoring-in-food_59647.html
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