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May 22, 2015
The committee of independent companies of Germany’s chemical trade association VCI (Frankfurt) has proposed a so-called Mittelstandsmemorandum on TTIP, the Transatlantic Trade...
http://www.chemweek.com/sections/news_briefs/VCI-calls-on-the-Mittelstand-to-support-TTIP_70636.html
May 22, 2015
Wacker Chemie says that its subsidiary, Siltronic, the third-largest producer of hyperpure silicon wafers for the semiconductor industry, is preparing for an initial public offering in...
http://www.chemweek.com/sections/news_briefs/Wacker-confirms-IPO-for-Siltronic_70591.html
May 22, 2015
Germany’s chemical industry returned to moderate, sequential growth in the first three months of 2015, industry association VCI (Frankfurt) says....
http://www.chemweek.com/sections/news_briefs/Germanys-output-grows-sales-fall-on-weaker-prices_70592.html
May 22, 2015
Sabic has reported a drop in first-quarter sales and profits but says it will continue with global investments to expand capacity. First-quarter net profit declined 39% year-on-year...
http://www.chemweek.com/sections/news_briefs/Sabics-profits-revenue-decline-on-lower-prices_70593.html
May 22, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) and AkzoNobel have agreed to cooperate on producing and marketing vacuum salt and white potash. Under long-term agreements, signed by...
http://www.chemweek.com/sections/news_briefs/ICL-AkzoNobel-vacuum-salt-white-potash-deal_70594.html
May 22, 2015
Toray Industries’ subsidiary Toray Advanced Materials Korea (TAK; Seoul) has acquired additional shares in Toray Chemical Korea (Seoul), formerly Woongjin Chemical, through a...
http://www.chemweek.com/sections/news_briefs/Toray-increases-stake_70595.html
May 22, 2015
Takeda (Tokyo) has agreed to sell its 54.2% stake in Mizusawa Industrial Chemicals (Tokyo) to Osaka Gas Chemicals (OGC; Osaka) for ¥638/share ($5.27). Mizusawa is an affiliate of OGC...
http://www.chemweek.com/sections/news_briefs/Japan-acquisition_70596.html
May 22, 2015
Zeon (Tokyo) will build a solution styrene butadiene rubber (S-SBR) line in Singapore by the beginning of 2016, doubling capacity there, to 70,000–80,000 m.t./year. The company is...
http://www.chemweek.com/sections/news_briefs/Zeon-builds-closes_70597.html
May 22, 2015
Petróleos Mexicanos (Pemex; Mexico City) aims to focus on more profitable areas, such as crude oil exploration and production, and the company may limit or even sell its refining and...
http://www.chemweek.com/sections/news_briefs/Report-Pemex-mulls-selling-refining-petchem-assets_70610.html
May 22, 2015
Mosaic’s board has elected James O’Rourke, currently executive v.p./operations and COO, to succeed James Prokopanko as president and CEO, effective 5 August....
http://www.chemweek.com/sections/news_briefs/Mosaic-appoints-new-president-and-CEO_70609.html
May 22, 2015
OSHA has cited DuPont for 11 safety violations and fined the company $99,000 after investigating a methyl mercaptan leak that killed four employees at DuPont’s La Porte, TX, facility...
http://www.chemweek.com/sections/news_briefs/DuPont-fined-$99000-for-La-Porte-mercaptan-release_70611.html
May 22, 2015
Frutarom Industries has agreed to acquire 95% of the shares in Investissements BSA for a cash payment of C$42.8 million (US$35.6 million). The agreement provides for the remaining...
http://www.chemweek.com/sections/news_briefs/Frutarom-acquires-flavors-producer-in-Canada_70612.html
May 22, 2015
Suhail Mohamed Faraj Al Mazrouei, managing director of International Petroleum Investment Company (IPIC) and United Arab Emirates energy minister, has been named chairman of Nova...
http://www.chemweek.com/sections/news_briefs/IPIC-director-and-UAE-minister-named-Nova-chair_70613.html
May 22, 2015
American GTL Energy Holdings has completed a study into the feasibility of a 20,000-bbl/day gas-to-middle-distillates plant to process natural gas from the Marcellus and Utica shale...
http://www.chemweek.com/sections/news_briefs/GTL-project-advances_70614.html
May 22, 2015
DSM and NHU (Zhejiang, China) are forming a 60-40 joint venture for the market development and manufacturing of high-performance plastic compounds based on polyphenylene sulfide (PPS)...
http://www.chemweek.com/sections/news_briefs/DSMs-China-PPS-JV_70615.html
May 22, 2015
DSM and Ascend Performance Materials say that they have formed a worldwide alliance for the supply of compounds based on nylon-6,6. Under the agreement, Ascend becomes the supplier to...
http://www.chemweek.com/sections/news_briefs/DSM-Ascend-nylon-link_70616.html
May 22, 2015
Sekisui Polymer Innovations plans to build a plant to produce polyvinyl chloride sheets at Bloomsburg, PA, to serve the aviation industry and mass transit. The $10 million...
http://www.chemweek.com/sections/news_briefs/Sekisui-PVC-plant_70617.html
May 22, 2015
Specialty chemicals distributor IMCD (Rotterdam) has agreed to acquire an 80% stake in specialties distributor M.F. Cachat (Cleveland), including 100% of the MJS Sales subsidiary. IMCD...
http://www.chemweek.com/sections/news_briefs/European-distributor-IMCD-enters-US-market-with-acquisition-of-M-F-Cachet_70618.html
May 22, 2015
The two-day Business Climate Summit took place this week in Paris, bringing together 2,000 international business leaders, policymakers, and investors. The summit was opened by...
http://www.chemweek.com/sections/news_briefs/Business-Climate-Summit-calls-on-policymakers-to-take-action-on-climate-change_70632.html
May 21, 2015
ChromaDex (Irvine, CA), a company that provides proprietary ingredients to various industries, announced today it has entered into an exclusive worldwide license and supply agreement...
http://www.chemweek.com/sections/news_briefs/ChromaDex-announces-licensing-agreement-for-anthocyanin-rich-purple-corn_70560.html
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