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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...
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...
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....
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)....
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...
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...
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...
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...
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...
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...
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...
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...
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...
February 21, 2014
Foster Wheeler (Zug, Switzerland), a leading engineering and construction firm, says it has entered into a definitive agreement with AMEC (London) under which AMEC will make a...
February 21, 2014
Clariant reports flat fourth-quarter net profit from continuing operations of 85 million Swiss francs ($95 million) on 8% higher sales, SF1.56 billion, of which 7% is due to higher volumes and 1% to prices....
February 21, 2014
Ineos has announced an ethane feedstock purchase agreement with Consol Energy (Pittsburgh). The ethane will be transported through the Mariner East pipeline and terminal system and...
February 21, 2014
Hedge fund FrontFour Capital (New York) said on 19 February that it will nominate four directors for Sensient Technologies’ board, raising the possibility of a proxy battle...
February 21, 2014
CF Industries CFO Dennis Kelleher said on the company’s fourth-quarter earnings call that early indications suggest that placement of existing assets in a master limited partnership...
February 21, 2014
Maire Tecnimont (Rome) has announced that its Tecnimont USA subsidiary has signed a collaboration agreement with Foster Wheeler covering front-end engineering design and detailed...
February 21, 2014
Westlake Chemical has declared a two-for-one split of the company’s common stock and increased the quarterly cash dividend by 12%, to 25.2 cts/share, on a presplit basis. Separately...
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