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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
August 15, 2014
Teijin says it has stopped producing para -xylene ( p -xylene) at its plant at Matsuyama, Japan. The 290,000-m.t./year plant there was the only location where Teijin produced p...
http://www.chemweek.com/sections/news_briefs/Teijin-exits-p-xylene-business_63210.html
August 15, 2014
BP has announced that Iain Conn, group managing director and chief executive/downstream, is leaving the company and will step down from BP’s board by year-end....
http://www.chemweek.com/sections/news_briefs/BP-names-new-chief-executivedownstream_63211.html
August 15, 2014
Sabic reports second-quarter net profit up 7% year-on-year, to 6.46 billion Saudi riyals ($1.72 billion), with operating profit rising 1%, to SR10.1 billion. Sales were up 7%, to...
http://www.chemweek.com/sections/news_briefs/Sabic-reports-higher-sales-and-profit_63212.html
August 15, 2014
Uralkali (Berezniki, Russia), one of the world’s largest producers of potash, says that it produced 3.1 million m.t. of potassium chloride (KCl) in the second quarter compared with...
http://www.chemweek.com/sections/news_briefs/Uralkali-output-soars_63213.html
August 15, 2014
Synthomer (Harlow, UK) says that CEO Adrian Whitfield will step down after eight years with the company. Whitfield will remain CEO and on the board until 30 June 2015 to allow...
http://www.chemweek.com/sections/news_briefs/Synthomer-CEO-quits_63214.html
August 15, 2014
Ashland and Clariant have completed the previously announced sale of their foundry chemicals joint venture, ASK Chemicals (Hilden, Germany), to private equity firm Rhône. The...
http://www.chemweek.com/sections/news_briefs/Foundry-deal-closes_63215.html
August 15, 2014
Sika (Baar, Switzerland) says that it has opened a new production facility for admixtures at Denver and a mortar plant at the company’s site at Conyers, GA. The extended Conyers site...
http://www.chemweek.com/sections/news_briefs/Sika-opens-production-plants-at-two-sites-in-US_63224.html
August 15, 2014
Dow has lost about 100,000 m.t. of ethylene production from its Fort Saskatchewan, AB, ethane cracker because of an unplanned outage on 22 July, the company says. The cracker has a...
http://www.chemweek.com/sections/news_briefs/Dow-ethylene-outage_63225.html
August 15, 2014
Braskem reports 124 million reais ($54.3 million) in net profit for the second quarter compared with a R$125-million loss one year earlier. However, compared with the previous quarter...
http://www.chemweek.com/sections/news_briefs/Braskem-profit-up_63226.html
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