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Displaying 181 - 200 of 284 stories.
January 16, 2009
ExxonMobil Chemical says the economic and industry downturns are having little long-term impact on its operations as it continues with an expansion program to boost Asia and Mideast capacity during the next few years. "The broad outline of the conditions we are facing now is not a surprise,” says Stephen D. Pryor, president of ExxonMobil Chemical. “The supply part of the equation was well-known. The extreme to which demand has been hit in late 2008 is clearly a surprise. It is not clear how much of that weakness is fundamental and how much of it is due to people staying on the sidelines."...
http://www.chemweek.com/sections/companies/ExxonMobil-Chemical-Stays-Flexible_16515.html
December 4, 2008
Biotechnology firm Metabolix (Cambridge, MA) is nearing the finish line in what has been a more than 10-year endeavor to commercialize polyhydroxyalkanoate (PHA), a family of biobased...
http://www.chemweek.com/sections/companies/Metabolix-Goes-Commercial_15550.html
September 12, 2008
The departure of Clariant CEO Jan Secher came as a surprise to some analysts because the company is in the process of a sweeping restructuring aimed at reducing costs and boosting...
http://www.chemweek.com/sections/companies/Clariant-CEOs-Departure-Surprises-Some-Analysts_14202.html
August 4, 2008
Petrochemical Corporation of Singapore (PCS), a joint venture between Shell Chemicals and a Japanese consortium led by Sumitomo Chemical, is working on several value-adding investment...
http://www.chemweek.com/sections/companies/Singapores-PCS-Seeks-Added-Value_13436.html
August 4, 2008
The enormous buildup of capacity under way in the countries of the Gulf Cooperation Council (GCC)—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates...
http://www.chemweek.com/sections/companies/GPCA-Challenges-in-the-Mideast_5355.html
July 31, 2008
Kuraray (Tokyo) has recorded 14% decrease in net profits to ¥6.53 billion ($61 million), for the first quarter ended June 30, 2008, as compared to the same period last fiscal. And...
http://www.chemweek.com/sections/companies/Kuraray-First-Quarter-Profits-Sales-Fall-Chemical-Business-Sales-Up_13342.html
July 29, 2008
Lucite International (Southampton, U.K.), the biggest producer of methyl methacrylate (MMA), is on the threshold of what promises to be the most dynamic phase in its history. The...
http://www.chemweek.com/sections/companies/A-New-Era-Beckons-for-Lucite_13286.html
June 30, 2008
Khusrokhan: Exploring new markets and businesses. Tata Chemicals (Mumbai) became the second-largest producer of soda ash, with total capacity of 5.5 million m.t./year, following the...
http://www.chemweek.com/sections/companies/Tata-Chemicals-Expands-Overseas_12765.html
June 30, 2008
Brunner Mond has benefited in a number of ways from its 2006 acquisition by Tata Chemicals, John Kerrigan, managing director of Brunner Mond, tells CW. “Under Tata’s...
http://www.chemweek.com/sections/companies/Brunner-Mond-Benefits-from-New-Ownership_12766.html
May 14, 2008
DuPont and Genencor, a division of Danisco, have formed a 50-50 joint venture to commercialize low-cost technology for cellulosic ethanol. The companies say the jv, DuPont Danisco...
http://www.chemweek.com/sections/companies/DuPont-Genencor-Form-JV-to-Produce-Cellulosic-Ethanol_11899.html
April 7, 2008
Azelis is one of the recent success stories of the European chemical distribution sector. The company was formed in 2001 through a private equity-backed merger of two small...
http://www.chemweek.com/sections/companies/Azelis-Maintains-Fast-Track_11264.html
March 24, 2008
DSM says it is making “significant progress” in its quest to become an environmentally sustainable company. Sustainability involves various social, economic, and...
http://www.chemweek.com/sections/companies/DSM-Makes-Case-for-Sustainability_5550.html
February 25, 2008
Kemira says it will appoint a separate board of directors for the company’s Kemira Coatings subsidiary, to emphasize the “independent nature” of the business. The...
http://www.chemweek.com/sections/companies/Kemira-Forms-a-Separate-Coatings-Board_10496.html
February 4, 2008
Chemtura says it has entered into an agreement to sell its $175-million/year oleochemical business to PMC Group (Mount Laurel, NJ), for an undisclosed amount. The sale includes a...
http://www.chemweek.com/sections/companies/Chemtura-to-Sell-Oleochemical-Business-to-PMC-Group_10185.html
January 18, 2008
Momentive Performance Materials (Wilton, CT) is in the “first inning” of building a global silicones enterprise following its acquisition by Apollo Management (New York)...
http://www.chemweek.com/sections/companies/Momentive-Gains-Critical-Mass_9921.html
January 14, 2008
Celanese says it expects its consumer and industrial specialties unit to generate more than $100 million in additional Ebitda by 2009, one year ahead of schedule, Doug Madden...
http://www.chemweek.com/sections/companies/Celaneses-Unit-to-Play-Critical-Role-in-Reaching-Growth-Targets_9774.html
November 16, 2007
Schulman says that Terry L. Haines, its chairman, president, and CEO, will retire from the company by March 1, 2008. The company says it has already “identified a highly...
http://www.chemweek.com/sections/companies/Schulman-CEO-to-Retire-Investor-Group-Withdraws-Board-Nominees_8994.html
November 7, 2007
Evonik Industries is in “very well advanced” negotiations with potential buyers for Evonik’s Rütgers Chemicals (Castrop-Rauxel, Germany) coal tar chemicals...
http://www.chemweek.com/sections/companies/Evonik-Closes-In-on-Sale-of-Rutgers_8695.html
October 15, 2007
Tank cars hauling chlorine and anhydrous ammonia are at the top of the most-wanted list of chemicals that several groups aim to see rerouted away from major cities, replaced with less...
http://www.chemweek.com/sections/companies/Transportation-Nowhere-to-Go_5423.html
October 4, 2007
Pekka Paasikivi joins Kemira from private equity firm Oras Invest (Rauma, Finland), Kemira's largest shareholder....
http://www.chemweek.com/sections/companies/Kemira-Names-Chairman_8171.html
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