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April 17, 2014
DSM says that its supervisory board will propose to appoint Geraldine Matchett as a managing board member as of 1 August. She would become CFO of DSM on 1 December, succeeding...
http://www.chemweek.com/sections/news_briefs/DSM-names-next-CFO_60404.html
April 17, 2014
The Bank of England has entered into a previously announced contract with Innovia Security, an Innovia Group (Wigton, UK) subsidiary, under which Innovia will supply the polymer...
http://www.chemweek.com/sections/news_briefs/Polymer-banknote-deal_60405.html
April 17, 2014
Honeywell on 17 April reported a fall in profit in its performance materials segment. Profit was down 3% year-on-year (YOY), to $374 million, driven by unfavorable petrochemical...
http://www.chemweek.com/sections/news_briefs/Honeywell-performance-materials-unit-earnings-drop_60418.html
April 17, 2014
IC Potash (ICP; Toronto) says that the Bureau of Land Management (BLM) has authorized ICP to construct and operate a sulphate of potash project, called Ochoa, at Lea County, NM. The...
http://www.chemweek.com/sections/news_briefs/ICP-project-approved_60419.html
April 17, 2014
Ashland’s specialty ingredients unit has completed a 13,000–sq ft expansion of its Macon, GA facility—moving its Nuosept biocides production line from Leaside, ON, to the new...
http://www.chemweek.com/sections/news_briefs/Ashland-ups-biocides_60420.html
April 17, 2014
Praxair says that it is building a steam methane reformer to increase the supply of hydrogen for its liquid hydrogen plant at Niagara Falls, NY. This investment will serve growing...
http://www.chemweek.com/sections/news_briefs/Praxair-grows-hydrogen_60421.html
April 9, 2014
The European Commission has adopted new rules on public support for energy and environmental protection projects. The Environment and Energy State Aid Guidelines (EEAG) will support...
http://www.chemweek.com/sections/news_briefs/European-Commission-presents-new-guidelines-on-state-aid-for-energy_60208.html
April 8, 2014
The European Chemicals Agency (ECHA; Helsinki) has called for a total of 30 testing proposals for 21 substances, including nitromethane; 2,4,6-trinitrotoluene; trichloro(propyl)silane...
http://www.chemweek.com/sections/news_briefs/ECHA-requests-testing-proposals-for-21-substances_60180.html
April 8, 2014
Germany has drafted a reform of the renewable energy act (EEG) after months of wrangling. The reform is seen as a success for the country’s industry, which successfully avoided...
http://www.chemweek.com/sections/news_briefs/Germany-drafts-reform-of-renewable-energy-act_60191.html
April 7, 2014
Lenzing (Lenzing, Austria), a leading cellulose fiber producer, has announced the appointment of Thomas Riegler as CFO for a period of three years, effective 1 June. Riegler is...
http://www.chemweek.com/sections/news_briefs/Lenzing-appoints-CFO_60144.html
April 4, 2014
H.B. Fuller on 27 March reported net income down 29.4% year-on-year (YOY), to $24.6 million, or 28 cts/share, on revenues up 1.3%, to $486 million for the fiscal quarter ended 1 March...
http://www.chemweek.com/sections/news_briefs/Fuller-net-income-falls-Omnova-earnings-up_60072.html
April 4, 2014
Antero Resources (Denver), an independent oil and natural gas company engaged in the production of unconventional oil and liquids-rich natural gas in the Appalachian Basin in West...
http://www.chemweek.com/sections/news_briefs/Antero-to-supply-ethane-to-Odebrecht-US-cracker-project_60073.html
April 4, 2014
Although winter weather continued to undermine the economy, ACC says equity prices in the chemical industry drove the monthly chemical activity barometer up—showing a 0.3% gain over...
http://www.chemweek.com/sections/news_briefs/ACC-CAB-up-on-stronger-equity-prices_60074.html
April 4, 2014
PPG says it has closed the sale of its 51% stake in the Transitions Optical joint venture, along with PPG’s wholly-owned sun lens business, to Essilor International (Paris), a maker...
http://www.chemweek.com/sections/news_briefs/PPG-closes-sale-of-share-in-Transitions-jv_60075.html
April 4, 2014
BASF Total Petrochemicals, a 60–40 joint venture between BASF and Total, on 27 March announced the start-up of its 10th furnace at its steam cracker facility at Port Arthur, TX. The...
http://www.chemweek.com/sections/news_briefs/BASF-Total-Petrochemicals-starts-new-cracker-furnace_60076.html
April 4, 2014
Eastman Chemical announced that it plans to increase capacity for the production of 2-ethylhexanol (2-EH) at its Longview, TX, site by 20,000 m.t./year. Separately, Oxea announced it...
http://www.chemweek.com/sections/news_briefs/Oxea-Eastman-up-2-EH_60077.html
April 4, 2014
Brenntag says it will acquire Gafor Distribuidora, a distributor of specialty solvents in Latin America. Gafor Distribuidora is part of Grupo Gafor (São Paulo). Financial terms of the...
http://www.chemweek.com/sections/news_briefs/Brenntag-acquisition_60078.html
April 4, 2014
Synthos (Oswiecim, Poland) has announced plans to invest about $170 million in a new synthetic rubber plant at Triunfo, Brazil. The plant will produce neodymium catalyzed polybutadiene...
http://www.chemweek.com/sections/news_briefs/Synthos-NdPBR-project_60079.html
April 4, 2014
Praxair announced on 2 April that it has acquired Lake Welding Supply Company (Lake Muskegon, MI), an independent gas and welding products distributor in western Michigan. Financial...
http://www.chemweek.com/sections/news_briefs/Praxair-acquisition_60080.html
April 4, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has broken ground on its US Gulf Coast (USGC) Petrochemicals Project at the Cedar Bayou plant in Baytown, TX. The USGC project, slated for completion in 2017, will comprise a 1.5-million m.t./year ethane cracker at the Cedar Bayou facility and two 500,000-m.t./year polyethylene facilities at Old Ocean, TX....
http://www.chemweek.com/sections/news_briefs/Chevron-Phillips-Chemical-breaks-ground-on-cracker-at-Cedar-Bayou_60081.html
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