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August 29, 2014
An equipment failure on 14 August will disrupt production at Huntsman’s Port Neches, TX, facility for two to three weeks, the company says. Huntsman makes methyl-tert butyl ether...
http://www.chemweek.com/sections/news_briefs/Huntsman-disruption_63516.html
August 29, 2014
The newly created oil and gas exploration and production business of Ineos has purchased the rights to explore for shale gas in the area around the group’s Grangemouth, UK, refinery...
http://www.chemweek.com/sections/news_briefs/Ineos-buys-stake-in-UK-shale-exploration-license_63495.html
August 29, 2014
Hanwha Chemical (Seoul) is acquiring a 50.71% stake in KPX Fine Chemical (Yosu, South Korea) for 42 billion South Korean won ($41 million). The transaction is expected to close by 1...
http://www.chemweek.com/sections/news_briefs/Hanwha-Chemical-buys-majority-of-TDI-producer_63496.html
August 29, 2014
Uralchem (Moscow), a leading producer of nitrogen and phosphate fertilizers, has acquired a 55% stake in Ventamonjaks, the largest liquid ammonia transhipment terminal in the Baltic Sea....
http://www.chemweek.com/sections/news_briefs/Uralchem-subsidiary-acquires-ammonia-terminal_63497.html
August 29, 2014
Syngenta’s net income including restructuring and impairment slipped 1%, to $1.4 billion, in the first six months of this year on sales up 1%, to $8.5 billion. Earnings per share...
http://www.chemweek.com/sections/news_briefs/North-America-restricting-Syngentas-growth_63498.html
August 29, 2014
Goldman Sachs is becoming a partner in Petkim Limancılık (Petlim), Turkey’s largest integrated port, operated by Petkim (Aliağa, Turkey), the country’s leading petrochemicals...
http://www.chemweek.com/sections/news_briefs/Turkey-port-deal_63499.html
August 29, 2014
Givaudan (Geneva), a leading flavors and fragrances company, says that, in the first six months of 2014, its Ebitda rose 10.5%, to 562 million Swiss francs ($613 million), on 4.5%...
http://www.chemweek.com/sections/news_briefs/Givaudan-profits-up_63500.html
August 29, 2014
ACC and the US Green Building Council (USGBC) have announced a new initiative designed to ensure the use of sustainable and environmentally protective products in buildings by applying...
http://www.chemweek.com/sections/news_briefs/ACC-Green-Building-Council-join-forces-to-advance-LEED_63514.html
August 29, 2014
EPA and the Department of Justice (Justice Department) say that DuPont has been fined $1.28 million for allegedly failing to prevent the release of harmful levels of hazardous...
http://www.chemweek.com/sections/news_briefs/DuPont-fined-for-violations-at-West-Virginia-plant_63515.html
August 29, 2014
The European General Court (Luxembourg) has more than halved the €318-million ($420 million) fine imposed on Sasol in 2008 for participating in a price-fixing cartel for paraffin...
http://www.chemweek.com/sections/news_briefs/Sasol-fine-reduced_63501.html
August 29, 2014
Dow Chemical has started divesting two of its specialty chemicals subsidiaries, Angus Chemical (Buffalo Grove, IL) and AgroFresh (Philadelphia), according to a Reuters report citing...
http://www.chemweek.com/sections/news_briefs/Report-Dow-puts-Angus-Chemical-AgroFresh-on-sale_63512.html
August 29, 2014
Start-up company Appalachian Resins (Houston) is leasing land in Salem Township, OH, for a proposed $1-billion ethylene and polyethylene (PE) production facility. The company has...
http://www.chemweek.com/sections/news_briefs/Appalachian-Resins-leases-land-for-$1-billion-project_63513.html
August 29, 2014
Methanex says that it anticipates gas curtailments in Trinidad in the second half of 2014 to be higher than those experienced in the first half. The National Gas Company (NGC; Couva...
http://www.chemweek.com/sections/news_briefs/Methanex-curtailment_63517.html
August 29, 2014
DSM’s nutritional products business says that it will invest at least $30 million to upgrade and expand its omega-3 production facility at Mulgrave, NS. This figure will build on its...
http://www.chemweek.com/sections/news_briefs/DSM-Canada-expansion_63518.html
August 29, 2014
Silicones and quartz producer Momentive Performance Materials (MPM) says the US Bankruptcy Court for the Southern District of New York is likely to confirm the company’s reorganization plan once changes are made to the interest rate paid to bondholders....
http://www.chemweek.com/sections/news_briefs/Momentive-Performance-Materials-moves-closer-to-exiting-Chapter-11_63519.html
August 19, 2014
The European Chemicals Agency (ECHA; Helsinki) says it has started a 45-day public commenting period on the harmonized classification and labeling (CLH) proposal for the pesticide...
http://www.chemweek.com/sections/news_briefs/New-CLH-consultation-for-the-pesticide-tefluthrin_63290.html
August 15, 2014
DuPont Pioneer announced plans to build a $35-million soybean research facility at its Stine Haskell Research Center, at Newark, DE. The nearly 134,000–sq ft facility will include...
http://www.chemweek.com/sections/news_briefs/DuPont-plans-$35-million-soybean-research-facility_63223.html
August 15, 2014
Mexichem (Tlalnepantla, Mexico) has agreed to acquire Vestolit (Marl, Germany), Europe’s sixth-largest manufacturer of polyvinyl chloride (PVC), from private equity firm Strategic...
http://www.chemweek.com/sections/news_briefs/Mexichem-buys-PVC-producer-Vestolit_63221.html
August 15, 2014
Momentive Specialty Chemicals says it has selected the city of Curitiba, Paraná State, Brazil, as the location of its next formaldehyde and forest product resins manufacturing site in...
http://www.chemweek.com/sections/news_briefs/Momentive-selects-Brazil-site-for-formaldehyde-plant_63222.html
August 15, 2014
Orica (Melbourne) says that its board intends to pursue demerging or selling the company’s chemicals business. The announcement follows a review of the chemicals business. Orica says...
http://www.chemweek.com/sections/news_briefs/Orica-to-spin-off-or-sell-chemicals-business_63209.html
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