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February 18, 2016
Asahi Glass (Tokyo) says that it has developed a new fluorocarbon refrigerant with low global warming potential (GWP). The refrigerant, HCFO-1224yd, is designed for use in centrifugal...
February 18, 2016
Anglo American (London) plans to dispose of its nickel, niobium, and phosphates operations and the Moranbah and Grosvenor metallurgical coal facilities. Discussions with potential buyers are expected to take several months, the company says....
February 18, 2016
Valspar has acquired ISVA Vernici (Turin, Italy), a maker of coil coatings, for an undisclosed sum. The deal expands Valspar’s presence in Europe, North Africa, and the Mideast...
February 18, 2016
Picking up: Chemical rail traffic increased 3% over the previous week. During the week ended 13 February, chemical railcar traffic in North America decreased 2.9% year-on-year (YOY) on...
February 18, 2016
ACC’s specialty chemicals market volume index fell 2.7% year-on-year (YOY) in January 2016 on a three-month moving average (3MMA). Oilfield chemicals fell 25% YOY, followed by...
February 18, 2016
Sinopec says that it has broken ground on a research center at the Dhahran Techno Valley in Saudi Arabia. The center will focus on application technology research, technology...
February 18, 2016
Kemira has announced sales of €600.2 million ($666.2 million) in the fourth quarter of 2015, up 9.7% year-on-year (YOY). Its operative Ebitda was €68.0 million in the latest...
February 18, 2016
Rosneft and BP say that they have agreed to dissolve their Ruhr Oel (Gelsenkirchen, Germany) refining and petrochemicals joint venture in a step toward completing the previously...
February 18, 2016
AFCO Energy (Singapore) says that it has launched a petrochemical trading business, AFCO Petrochemicals (Singapore). The new business specializes in the trading and risk management of...
February 18, 2016
Fluor says it has been awarded an engineering, procurement and construction management (EPCM) contract from BASF for the revamp of an alcohol and plasticizers facility in Pasadena, TX...
February 18, 2016
Deepsea chemical tanker market leaders Stolt-Nielsen and Odfjell posted mixed results for the fourth quarter of 2015. Stolt’s earnings improved because of lower bunker fuel costs caused by falling oil prices, but Odfjell’s earnings were driven down by negative results from bunker hedging....
February 18, 2016
Sika (Baar, Switzerland) has opened two concrete admixtures plants in Southeast Asia, one in Myanmar, the other in Cambodia. The investment forms part of Sika’s strategy to enter new...
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