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August 28, 2015
Louis Dreyfus Commodities (LDC; Rotterdam) is adding a glycerin refinery to its soybean crushing and biodiesel plant at Claypool, IN. The refinery’s construction is expected to be...
August 28, 2015
Clariant says it sees strong potential in North America and is targeting above-market revenue growth of 7%/year in the region through 2020. Clariant aims to deliver North American sales of $1.8 billion in 2020, up from $1 billion in 2014....
August 28, 2015
Northern Plains Nitrogen (NPN; Valley City, ND) says it has received a construction permit for a previously announced, $2-billion fertilizer complex at Grand Forks, ND. The company...
August 28, 2015
Chemours will close its Edgemoor, DE, titanium dioxide (TiO2) plant by the end of September as product margins slump and the company nears completing a 200,000-m.t./year unit at Altamira, Mexico. Chemours also plans to shut a TiO2 line at its New Johnsonville, TN, site....
August 28, 2015
PolyOne says it has begun closing its Granby, PQ, facility, part of a restructuring process aimed at streamlining production and increasing efficiency following the October 2013...
August 28, 2015
PQ (Malvern, PA) and Eco Services Operations (Cranbury, NJ) say they are combining in an equity-for-equity transaction expected to close in the fourth quarter. George Biltz, president...
August 28, 2015
LyondellBasell Industries says it has accepted Yacimientos Petrolíferos Fiscales (YPF; Buenos Aires) and Grupo Inversor Petroquímica's (GIP; Madrid) joint offer to purchase LyondellBasell's wholly owned polypropylene (PP) subsidiary Petroken Petroquímica Ensenada (Buenos Aires)....
August 28, 2015
Rayonier Advanced Materials (RYAM; Jacksonville, FL) has filed suit against Eastman Chemical in a dispute over the conditions of their speciality cellulose products supply and purchase...
August 28, 2015
Borealis, Europe’s second-largest producer of polyolefins and a growing player in fertilizers, has announced second-quarter net profits more than doubled on the back of tight polyolefins supply and lower feedstock costs. Net profit in the quarter soared to €351 million ($397.7 million) from €143 million in the year-earlier period. Sales were down slightly, €2.04 billion compared with €2.09 billion....
August 28, 2015
Sasol (Johannesburg) says that it is not pursuing any prospects in Iran at this time. The company clarified its position on 24 August in response to reports quoting Abbas Sha’ri...
August 28, 2015
Evonik Industries has confirmed that it is looking to strengthen its performance materials business, which includes acrylic monomers and polymers, with options that could include forming partnerships or selling the business....
August 28, 2015
Uralkali (Berezniki, Russia), one of the world’s largest producers of potash, says that its board has approved a $1.32-billion buyback of up to 14% of the company’s shares...
August 28, 2015
Leading Asia-based chemical companies have reported rises in profits for the second quarter. Most of the companies report lower revenues for the period, however, mainly because of weaker selling prices....
August 26, 2015
EU chemical output grew by a mere 0.2% in the first six months of this year compared with the year-ago period, Cefic says in its latest Chemicals Trends Report. Sales in the period...
August 25, 2015
DSM has announced adjustments to its organizational and operating model, which it says have the objective of “creating a more agile, focused, and cost-efficient organization with...
August 25, 2015
Lenzing (Lenzing, Austria), a producer of man-made cellulosic fibers, has announced sales of €955.4 million ($1.10 billion) in the first half of 2015 compared with sales of...
August 24, 2015
Composite materials supplier Gurit (Zurich) on Monday reported sales of 178 million Swiss francs ($187.9 million) in the first half of this year compared with SF167 million in the...
August 21, 2015
ACC’s specialty chemicals market volume index began the third quarter on a stable note, the organization says. ACC developed the index to track the specialty chemicals market...
August 20, 2015
Production in Germany’s chemical-pharmaceutical industry rose by 1% in the first half of this year, but revenues fell as a result of falling prices and restrained demand in...
August 18, 2015
The average daily production of chlorine in Europe was 26,882 m.t. in June compared with 25,088 m.t. in the corresponding month in 2014, up 7.2% year-on-year (YOY), according to trade...
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