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February 28, 2014
BASF Services Holding, an indirect, wholly owned group company of BASF, says it is to sell its subsidiary BASF Services Consult (Hamburg) to Tech Mahindra (Düsseldorf), a...
http://www.chemweek.com/sections/news_briefs/BASF-to-sell-its-third-party-consulting-business_59219.html
February 28, 2014
Agrium has announced weaker results for the fourth quarter due to lower prices and a reduction in nitrogen volumes. Net earnings were $99 million, down 72% year-on-year (YOY). Sales...
http://www.chemweek.com/sections/news_briefs/Agrium-reports-lower-results-as-prices-fall_59187.html
February 28, 2014
ACC and Socma testified before Congress on 27 February urging the passage of legislation to extend the Chemical Facilitiy Anti-Terrorism Standards (CFATS) program. Clyde Miller...
http://www.chemweek.com/sections/news_briefs/ACC-and-Socma-urge-Congress-to-extend-CFATS_59188.html
February 28, 2014
Williams Partners (Tulsa, OK) has acquired Williams’s currently in-service operations in Alberta, for $1.2 billion. The assets include an oil sands offgas processing plant near Fort...
http://www.chemweek.com/sections/news_briefs/Williams-Partners-buys-Alberta-operations_59189.html
February 28, 2014
Dow Chemical has completed converting its three styrofoam extruded polystyrene (XPS) plants in Japan to new polymeric flame-retardant (FR) technology, the company has announced. Dow...
http://www.chemweek.com/sections/news_briefs/Dow-completes-conversion-of-styrofoam-XPS-plants_59190.html
February 28, 2014
Flexible Solutions International (Victoria, BC) says it has halted production at its Taber, AB, renewable aspartic acid production plant, citing unfavorable economics given the decline...
http://www.chemweek.com/sections/news_briefs/FSI-halts-aspartic-acid_59191.html
February 28, 2014
Renewable fuels and chemicals start-up GreenLight Biosciences (Medford, MA) says it has entered into a partnership with Bayer CropScience to explore applications of GreenLight’s...
http://www.chemweek.com/sections/news_briefs/Bayer-CropScience-deal_59192.html
February 28, 2014
Styron says it plans to expand its latex capacity with a new reactor at its Zhangjiagang, China, production facility. This expansion will mainly support the demand for latex in...
http://www.chemweek.com/sections/news_briefs/Styron-expands-latex_59193.html
February 28, 2014
DSM has entered into a collaboration with SyntheZyme (New York) to develop products based on the latter’s biobased surfactant platform. As part of the collaboration, DSM will provide...
http://www.chemweek.com/sections/news_briefs/DSM-surfactant-deal_59194.html
February 28, 2014
Earnings season is winding down, with only a few more companies posting results. Earnings reports from North American firms Nova Chemicals, Kraton Performance Polymers, and Tronox reflect mixed market conditions....
http://www.chemweek.com/sections/news_briefs/Late-reporting-diversified-firms-post-mixed-results_59195.html
February 28, 2014
DSM reports a 44% increase in fourth-quarter 2013 net profit from continuing operations before exceptional items, to €101 million ($139 million), on sales up 5%, to €2.22 billion. The company says that all of its clusters delivered a solid performance in the quarter despite negative exchange-rate effects. DSM earlier announced preliminary fourth-quarter results (CW, Feb. 17/24, p. 15)....
http://www.chemweek.com/sections/news_briefs/DSM-Borealis-post-higher-fourth-quarter-profits_59196.html
February 28, 2014
The privatization of insolvent chemicals and petrochemicals producer Oltchim (Râmnicu Vâlcea, Romania) has been delayed by almost two months, the company says. The deadline for the...
http://www.chemweek.com/sections/news_briefs/Oltchim-privatization-plans-delayed-until-late-March_59197.html
February 28, 2014
Semiconductor and solar technology firm SunEdison (St. Peters, MO) says its polysilicon manufacturing facility at Merano, Italy, will remain closed indefinitely. The decision affects...
http://www.chemweek.com/sections/news_briefs/SunEdison-polysilicon-plant-in-Italy-to-stay-closed_59198.html
February 28, 2014
BP’s petrochemicals business reports an underlying replacement cost (RC) profit before interest and taxes of $44 million in the fourth quarter of 2013, down slightly from $46 million...
http://www.chemweek.com/sections/news_briefs/BPs-petchem-profit-slips_59199.html
February 28, 2014
Ineos says that its Ineos Oxide subsidiary has completed expanding an ethylidene norbornene (ENB) plant at Antwerp, increasing capacity to 28,000 m.t./year. The expansion makes the...
http://www.chemweek.com/sections/news_briefs/Ineos-ENB-hike_59200.html
February 28, 2014
Exports of potash fertilizers from Russia fell during 2013 in volume and value terms, the Federal Customs Service (Moscow) says. Volumes dropped 29.6%, to 6.32 million m.t., and the...
http://www.chemweek.com/sections/news_briefs/Potash-export-decline_59201.html
February 27, 2014
Petrochemical producer TVK (Tiszaújváros, Hungary) says that its operating profit in fourth-quarter 2013 was 411 million forint ($1.82 million) compared with a loss of...
http://www.chemweek.com/sections/news_briefs/TVK-reports-rise-in-profitability-sales_59076.html
February 26, 2014
The European Food Safety Authority (EFSA; Pisa, Italy) has announced that it will hold a public scientific meeting on bisphenol A (BPA), to take place at Brussels on 23 April. The aim...
http://www.chemweek.com/sections/news_briefs/EFSA-to-hold-public-scientific-meeting-on-BPA_59119.html
February 24, 2014
The European Chemicals Agency (ECHA; Helsinki) has called for testing proposals on 45 substances. A total of 68 hazard endpoints for vertebrate testing have been requested, including...
http://www.chemweek.com/sections/news_briefs/ECHA-calls-for-testing-proposals-on-various-substances_59043.html
February 24, 2014
The European Council decided today not to oppose a proposal from the European Commission to delay the auctioning—backloading—of carbon dioxide emission permits in the...
http://www.chemweek.com/sections/news_briefs/European-Council-will-not-oppose-backloading-of-greenhouse-gas-allowances_59042.html
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