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November 19, 2014
Givaudan (Vernier, Switzerland), a market leader in the global fragrance and flavor industry, says it has opened an expanded technical center and regional offices at Dubai. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Givaudan-develops-Mideast-presence-with-expanded-technical-center-regional-offices-at-Dubai_65475.html
November 18, 2014
The European Chemicals Agency (ECHA; Helsinki) has called for a total of eight testing proposals for five substances. The chemicals in question and the hazard endpoints for which...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-requests-testing-proposals-for-five-substances_65506.html
November 18, 2014
Germany’s small- and medium-sized (SME) companies have accused the federal government of failing to make any progress in the cost of the country's Energiewende, the transition...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germanys-chemical-SMEs-regard-cost-issue-of-energy-transition-as-unresolved_65503.html
November 14, 2014
Paints and coatings company Tikkurila (Helsinki) lowered its guidance for 2014 shortly after announcing its results for the third quarter of 2014 and expecting revenue and Ebit...
http://www.chemweek.com/sections/business_finance/Tikkurila-lowers-its-guidance-for-2014_65439.html
November 14, 2014
European Union trade commissioner Cecilia Malmström visited Berlin this week, where she met Sigmar Gabriel, Germany’s Federal Minister for Economic Affairs and Energy. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-trade-commissioner-Malmstrom-visits-Berlin_65445.html
November 14, 2014
The council for sustainable development (RNE; Berlin) and Chemie3 (chemistry to the power three), the sustainability initiative of Germany’s chemical industry, invited...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germanys-chemical-industry-Sustainability-only-possible-if-we-work-together_65442.html
November 14, 2014
Sunoco Logistics has concluded the open season for the company’s $2.5-billion Mariner East 2 pipeline project. The pipeline will carry natural gas liquids (NGLs) from the...
http://www.chemweek.com/sections/business_finance/usa_americas/Sunoco-advances-Mariner-2-plans-PDH-at-Marcus-Hook_65390.html
November 14, 2014
Flint Hills Resources (Wichita, KS) plans to close its 85,000-m.t./year Marysville, MI, polypropylene (PP) plant in July 2015. Production will be shifted to the company’s Longview...
http://www.chemweek.com/sections/business_finance/usa_americas/Flint-Hills-to-close-Marysville-MI-polypropylene-plant-in-July_65389.html
November 14, 2014
Vertellus Specialties (Indianapolis) has acquired Pentagon Chemicals (Halebank, UK), a maker of fine and specialty chemicals for the life science market, Vertellus president and CEO...
http://www.chemweek.com/sections/business_finance/usa_americas/Vertellus-Specialties-acquires-UKs-Pentagon-Chemicals_65391.html
November 14, 2014
Lanxess has confirmed that, as part of the company’s realignment program, it plans to cut about 1,000 jobs worldwide, about 6% of Lanxess’s total, by the end of 2016....
http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-to-cut-jobs-in-three-phase-realignment-program_65381.html
November 14, 2014
A slowing world economy took its toll on Europe-based companies’ third-quarter results. Earnings have declined at a number of leading players, and sales have decelerated or...
http://www.chemweek.com/sections/business_finance/europe_mideast/Economic-slowdown-undermines-financial-results_65392.html
November 14, 2014
A large majority of the leading Japan-based chemical companies have reported improved earnings for the fiscal first half, ended 30 September. Only Teijin and Tokuyama report big losses...
http://www.chemweek.com/sections/business_finance/asia_pacific/Leading-Japanese-companies-report-improved-earnings_65382.html
November 14, 2014
Borealis, a member of International Petroleum Investment Co. (IPIC; Abu Dhabi)—which also includes Borouge, Nova Chemicals, and Cepsa—has announced its third-quarter...
http://www.chemweek.com/sections/business_finance/europe_mideast/Borealis-to-start-shipping-US-ethane-Borouge-delayed_65380.html
November 14, 2014
Commodity producers in the Americas have turned in a mixed bag of third-quarter results. Demand has strengthened, but some markets have presented special challenges. ExxonMobil’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Commodity-producers-report-solid-demand-in-the-third-quarter_65416.html
November 14, 2014
Later-reporting specialty chemical companies mostly beat estimates in the third quarter, as sales increased in many businesses. The volumes of Ashland’s specialty ingredients...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialties-firms-post-higher-third-quarter-revenues_65417.html
November 14, 2014
Ballooning trade deficits and how Latin American can emulate North America’s investment boon with its own shale gas resources dominated discussion at the 34th annual meeting of...
http://www.chemweek.com/sections/business_finance/usa_americas/APLA-2014-Investment-lags-but-shale-prospects-emerge_65421.html
November 14, 2014
Eastman Chemical is forecasting 8–12% annual earnings growth for the next three years. Earnings in 2014 are expected to approach $7.00/share, up from $6.44 in 2013, with 2015...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-sees-strong-earnings-growth-through-2017_65422.html
November 14, 2014
Momentive Specialty Chemicals (MSC) plans to build two formaldehyde plants in Louisiana. Investment will total $66 million, with construction occurring through 2014 and 2015. Combined...
http://www.chemweek.com/sections/business_finance/usa_americas/Momentive-to-build-two-formaldehyde-plants-in-Louisiana_65423.html
November 14, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site...
http://www.chemweek.com/sections/business_finance/usa_americas/Shell-to-buy-Monaca-PA-site-for-potential-cracker-project_65424.html
November 13, 2014
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results for the first nine months of 2014, with a “considerably increase in sales and...
http://www.chemweek.com/sections/business_finance/Symrise-reports-considerable-increase-in-sales-and-earnings_65360.html
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