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December 8, 2014
Production of chemicals in Germany increased by 1.5% in 2014, compared with last year, says chemical trade association VCI (Frankfurt). The increase in demand for chemicals was...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-German-chemical-production-up-1-5-percent-in-2014-"moderate-upward-trend"-expected-in-2015_65962.html
December 8, 2014
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies...
http://www.chemweek.com/sections/business_finance/usa_americas/Report-Europe-must-boost-R-and-D-investment-to-remain-competitive_65957.html
December 5, 2014
At a public hearing this week, members of the European Parliament (MEPs) grilled negotiators and experts involved in the trade discussions with the United States over the Transatlantic...
http://www.chemweek.com/sections/business_finance/usa_americas/MEPs-grill-TTIP-negotiators_65931.html
December 5, 2014
The European Council has adopted conclusions with a focus on the role of small- and medium-sized enterprises (SME) and on preparations for the establishment of a roadmap dealing with...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Council-considers-challenges-and-opportunities-facing-European-industry_65932.html
December 5, 2014
Myriant (Quincy, MA), a renewable chemicals company, says that it has entered into a three-way joint development agreement with plasticizers producer UPC Technology (Taipei) and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Myriant-UPC-and-Sojitz-to-develop-biosuccinic-acidbased-plasticizers_65845.html
December 5, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, has revised its earnings and sales forecasts for the full fiscal year ending 31 March 2015. Mitsubishi expects to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Chemical-upgrades-earnings-sales-projections_65846.html
December 5, 2014
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion (Li-ion) batteries, have agreed to form a joint venture for cathode active materials in Japan, BASF says....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Toda-Kogyo-to-form-JV-for-cathode-active-materials_65844.html
December 5, 2014
Huntsman says it will cut 900 jobs in its titanium dioxide (TiO2) pigments and additives segment as part of a restructuring effort expected to generate savings of $130.0 million/year by mid-2016....
http://www.chemweek.com/sections/business_finance/usa_americas/Huntsman-to-cut-900-jobs-in-TiO2-and-addtives-segment_65839.html
December 5, 2014
EPA said on 26 November that it was proposing stricter ozone standards within a range of 65–70 parts per billion (ppb)while taking comment on a level as low as 60 ppb. EPA last...
http://www.chemweek.com/sections/business_finance/usa_americas/Industry-groups-criticize-EPA-plan-for-stricter-ozone-standards_65840.html
December 5, 2014
Dow Chemical and hedge fund Third Point (New York) reached an agreement 21 November that will add four new independent directors to Dow’s board, averting a proxy fight next spring....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-Third-Point-reach-agreement-on-board-seats_65877.html
December 5, 2014
Williams Partners expects its expanded Geismar, LA, plant to begin producing ethylene for sale in December. The plant, which has been off-line since an explosion in June 2013, has been...
http://www.chemweek.com/sections/business_finance/usa_americas/Williams-says-Geismar-plant-to-make-ethylene-for-sale-in-December_65878.html
December 5, 2014
Westlake Chemical (Houston) has hired Technip for a portion of its $330-million ethylene project at Lake Charles, LA. The company has also initiated a new $250-million share repurchase...
http://www.chemweek.com/sections/business_finance/usa_americas/Westlake-hires-Technip-for-Lake-Charles-ethylene-project_65879.html
December 5, 2014
Shortages of advantaged gas feedstock, competition from US shale gas, and the decline in the price of crude oil are some of the challenges facing Mideast chemical producers, including Sabic, the region’s largest industry player....
http://www.chemweek.com/sections/business_finance/europe_mideast/Exclusive-Sabic-CEO-discusses-strategy-with-CW_65841.html
December 5, 2014
Ineos has pledged to invest $1.00 billion to explore and appraise shale gas in the United Kingdom if it wins all of the shale gas licenses it has applied for in the country....
http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-seeking-to-become-leading-shale-player-in-UK_65842.html
December 5, 2014
Eden Research (Witney, UK) has signed an exclusive license agreement with the France arm of Sumi Agro Europe, a member of Sumitomo Corp., to sell 3AEY, an Eden-developed plant...
http://www.chemweek.com/sections/business_finance/europe_mideast/UK-firm-licenses-biological-crop-protection-technology-to-Sumi-Agro_65843.html
December 5, 2014
BASF has announced plans to make a major investment in a “pioneering superabsorbent technology” that enables the design of thinner and more comfortable diapers....
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-to-invest-up-to-$619-million-in-new-superabsorbent-technology_65853.html
December 5, 2014
The European Commission has adopted a communication from European trade commissioner Cecilia Malmström proposing enhanced transparency of the Transatlantic Trade and Investment...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-Commission-agrees-on-enhanced-TTIP-transparency_65854.html
December 5, 2014
Syngenta says it will eliminate or relocate 1,800 jobs as part of an ongoing restructuring program that is expected to generate savings of $265 million in 2015....
http://www.chemweek.com/sections/business_finance/europe_mideast/Syngenta-cuts-to-impact-1800-jobs-including-500-at-Basel_65855.html
December 5, 2014
ACC says its chemical activity barometer (CAB) gained 0.2% in November, measured on a three-month moving average. Year-on-year, the CAB is up 3.7%, suggesting modest gains and an...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-CAB-inches-slightly-higher-in-November_65838.html
December 5, 2014
Capital Southwest (Dallas), an investment holding company, has announced plans to split into two publicly traded entities—one in specialty chemicals and industrial products and...
http://www.chemweek.com/sections/business_finance/usa_americas/Capital-Southwest-to-spin-off-specialty-chemical-assets_65901.html
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