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December 29, 2014
The ninth European Bioplastics Conference took place recently in Brussels, attracting more than 320 participants from 29 countries. “The market is predicted to grow by more than...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Bioplastics-Market-for-bioplastics-to-grow-400-percent-in-2013-18_66478.html
December 19, 2014
Germany’s constitutional court, BVG (Karlsruhe) has declared in a ruling that the exemption rules in the inheritance tax code are in part unconstitutional and has given lawmakers...
http://www.chemweek.com/sections/business_finance/europe_mideast/Mittelstand-Germanys-constitutional-court-declares-inheritance-tax-partly-unconstitutional_66365.html
December 19, 2014
Berkshire Hathaway (Omaha, NE) has acquired Charter Brokerage (New York), a provider of trade services and customs drawback logistics to the oil and chemical industries, from private...
http://www.chemweek.com/sections/business_finance/usa_americas/Berkshire-Hathaway-buys-services-firm-from-Arsenal_66336.html
December 19, 2014
Sherwin-Williams (SW) on 12 December narrowed its full-year adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are...
http://www.chemweek.com/sections/business_finance/usa_americas/Sherwin-Williams-narrows-guidance-details-Lowes-deal_66337.html
December 19, 2014
Sibur Holding (Moscow) has reported increased earnings and revenues in the nine months ended 30 September. Revenues were up 33%, to 263.9 billion Russian rubles ($4.26 billion). Ebitda...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-reports-strong-results-after-completing-large-projects_66251.html
December 19, 2014
Huntsman, the second-largest producer of titanium dioxide (TiO2), has confirmed that it is studying options to remove capacity in Europe. The company said on 1 December that it is...
http://www.chemweek.com/sections/business_finance/europe_mideast/Huntsman-ponders-closure-of-TiO2-capacity-in-Europe_66252.html
December 19, 2014
Orica (Melbourne) has commissioned a $25.0-million emulsion explosives plant in Russia’s Murmansk region that will supply the PhosAgro (Moscow) subsidiary Apatit....
http://www.chemweek.com/sections/business_finance/europe_mideast/Orica-commissions-explosives-plant-in-Russia_66253.html
December 19, 2014
Technip (Paris), a leading engineering and construction firm, has announced that it has agreed to purchase all of the Zimmer polymer technology business from Air Liquide....
http://www.chemweek.com/sections/business_finance/europe_mideast/Technip-to-acquire-Zimmer-polymer-technologies-from-Air-Liquide_66254.html
December 19, 2014
Umicore (Brussels) says that it will construct a facility at the Hemaraj industrial estate in Thailand for the production of emission-control catalysts for light-duty vehicles....
http://www.chemweek.com/sections/business_finance/asia_pacific/Umicore-to-build-automotive-catalyst-facility-in-Thailand_66301.html
December 19, 2014
BASF says that it will build a world-scale chemical catalysts production facility at the company’s site in the Shanghai Chemical Industry Park at Caojing, China....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-builds-catalysts-plant-in-China_66302.html
December 19, 2014
JSR (Tokyo) says that it has entered into an agreement with Chang Chun Petrochemical (Taipei) to establish a joint venture to manufacture display materials at Changshu, China. The jv...
http://www.chemweek.com/sections/business_finance/asia_pacific/JSR-Chang-Chun-Petrochemical-to-form-display-materials-JV_66303.html
December 19, 2014
Mitsui Chemicals and Sinopec have announced that their 50-50 joint venture Shanghai Sinopec Mitsui Elastomers has started up a previously announced ethylene propylene diene terpolymer...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Sinopec-JVs-start-up-EPT-phenol-acetone-plants_66304.html
December 19, 2014
On 28 November, Merck KGaA (Darmstadt, Germany) hosted a top-level debate in London on key aspects of the OTC drugs sector....
http://www.chemweek.com/sections/business_finance/europe_mideast/Merck-unveils-OTC-strategy-sparks-debate-on-sector_66250.html
December 19, 2014
Canada’s producers of industrial chemicals are projecting a slight decline in sales volumes and profits in 2015 but a 30% increase in capital investment, according to a survey of...
http://www.chemweek.com/sections/business_finance/usa_americas/Canadian-producers-project-record-sales-for-2014-slight-decline-in-2015_66325.html
December 19, 2014
Enterprise Products Partners (Houston) has started a binding open season for a proposed expansion of the portion of its Panola Pipeline natural gas liquids (NGLs) system between...
http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-seeks-shippers-for-Panola-NGL-pipeline-expansion_66326.html
December 19, 2014
US ethylene prices continued to weaken the week ended 19 December despite production issues at Chevron Phillips Chemical’s (CPChem) Sweeny complex in Old Ocean, TX; and Dow...
http://www.chemweek.com/sections/business_finance/usa_americas/Production-issues-fail-to-lift-US-ethylene-prices_66327.html
December 19, 2014
Olin plans to close permanently the portion of the company’s Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66329.html
December 19, 2014
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Select Chemicals Ltd. (Yorktown, TX), a maker of production chemicals for oil and gas operations in...
http://www.chemweek.com/sections/business_finance/usa_americas/WadeCo-acquires-oil-production-chemicals-maker_66330.html
December 19, 2014
MEGlobal (Dubai) has launched a front-end engineering design (FEED) study for construction of a world-scale ethylene glycol (EG) plant on the US Gulf coast. The plant is expected to...
http://www.chemweek.com/sections/business_finance/usa_americas/MEGlobal-studies-world-scale-ethylene-glycol-project-in-US_66331.html
December 17, 2014
The European Council–the institution of the heads of state or government of the member states of the European Union—has announced that it has reached a political agreement...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Council-reaches-political-agreement-to-reduce-consumption-of-plastic-bags_66247.html
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