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July 30, 2007
Actavis Group (Reykjavík) says it has acquired a manufacturing plant at Alathur southern India from Grandix Pharmaceuticals (Chennai, India), a manufacturing and marketing...
July 30, 2007
Chemical Growth Outstrips GDP India’s population has grown as large as that of China, and India is exhibiting similar growth rates to China in GDP and chemicals. India’s...
July 30, 2007
‘Robust’ Economic Growth Ahead Most major Japanese chemical makers indicate that they expect their financial performance to improve in 2007. They cite the Japanese economy...
July 30, 2007
Oil Prices Stay High; Ethane Gets Scarcer OPEC, dominated by oil-producing countries in the Mideast, announced plans in December to reduce its oil-production quota in February 2007 by...
July 30, 2007
Anticipating Decisions on Major Petchem Projects Brazil will be the center of Latin American chemical investment this year, with several major projects planned or already under way...
July 30, 2007
Chemicals Legislation: Is the Industry Ready? A large number of chemical firms will come to grips with the European Union’s (EU) Registration, Evaluation, and Authorisation of...
July 30, 2007
M&A Maintains Strong Pace Bankers expect chemical sector M&A activity to be brisk this year, especially during the first half of the year, and that 2007 generally will be a...
July 30, 2007
Fine Chemicals: Asian Invasion to Continue Asia’s share of the global pharma fine chemical sector is forecast to increase through 2007 as companies in India and China in...
July 30, 2007
Global Earnings to Rebound Earnings for the global plastics industry will rebound this year, following price declines in the past few months due to inventory destocking and falling...
July 30, 2007
Global Market Enters ‘More Mature’ Phase Chemical makers worldwide enter the new year upbeat as key indicators point to continued, if subdued, growth for the industry. The...
July 30, 2007
South Asian Petrochem Ltd. (SAPL; Kolkata, India) says it has signed an agreement with Egyptian Petrochemicals Holding Co. (Echem; Cairo) for a joint venture to make polyethylene...
July 30, 2007
Stolthaven Terminals, a Stolt-Nielsen subsidiary, has agreed to form a 50-50 tank storage joint venture at Daxie Island, China with CITIC Daxie Development Co. (Ningbo, China). The jv...
July 30, 2007
OMV (Vienna) and International Petroleum Investment Co. (IPIC; Abu Dhabi) plan to incorporate their Agrolinz Melamine International (AMI; Linz, Austria) joint venture into Borealis...
July 30, 2007
GenTek says it has entered into an agreement to sell its Noma Wire and Cable Assembly business to Electrical Components International Holdings (St. Louis) for $75 million in cash plus...
July 30, 2007
Brenntag says it has agreed to acquire specialty chemicals distributor St. Lawrence Chemical (Montreal). Terms were not disclosed. St. Lawrence has annual sales of about C$120 million...
July 30, 2007
A federal bankruptcy judge has rejected the reorganization plan filed several years ago by Pittsburgh Corning (Pittsburgh), a 50-50 joint venture between PPG Industries and Corning...
July 30, 2007
International Paper (IP) says it has agreed to sell its Arizona Chemical (Jacksonville, FL) unit to private equity firm Rhone Capital for $485 million. As part of the agreement, IP...
July 30, 2007
Engineering and construction (E&C) costs are likely to rise further this year amid continuing increases in E&C material and equipment prices as well as a tight labor market...
July 27, 2007
It has been about six months since Reilly Industries and Rutherford Chemicals were combined to form Vertellus Specialties (Indianapolis), and in that time Vertellus has completed...
July 25, 2007
The CW75 Index rose 3% for the week ending January 17, helped by falling crude oil prices, analysts say. The index outpaced broader market indexes, including the Morgan Stanley global...
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