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March 24, 2016
Sumitomo Chemical and Sekisui Chemical (Tokyo) have announced that they are combining their respective polyolefin film businesses under a new joint venture that is scheduled to start...
March 24, 2016
Dhunseri Petrochem (Kolkata) and Indorama Ventures (Bangkok) have agreed to form a 50-50 joint venture to produce and sell polyethylene terephthalate (PET) resin in India and export...
March 24, 2016
Songwon Industrial (Ulsan, South Korea) has announced a major reshuffle of its executive board, appointing Maurizio Butti CEO. Butti was until recently COO at Songwon. The board grown...
March 24, 2016
Emma Holding, an entity indirectly controlled by private equity firm Bain Capital—a shareholder in specialty chemicals and food ingredients distributor IMCD (Rotterdam)—has placed...
March 24, 2016
Petro Rabigh (Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, has mechanically completed its ethane cracker expansion at Rabigh. Capacity has risen...
March 24, 2016
Saudi International Petrochemical Co. (Sipchem; Al Jubail) has closed the acquisition of Ikarus Petroleum Industries’ (Shouweikh, Kuwait) stake in two Sipchem affiliates...
March 10, 2016
Continental Structural Plastics (CSP; Auburn Hills, MI) and Mitsubishi Rayon (Tokyo) are considering creating a joint venture to manufacture carbon fiber structural components for...
March 10, 2016
Germany’s chemical industry association VCI (Frankfurt) says that the end of 2015 was “disappointing” for the country’s chemical industry. Domestic business was hurt by weak demand, and foreign trade was undermined by weaker dynamics in China and the United States, although Europe enjoyed a minor plus. Germany’s chemical production edged up 0.7% in 2015 but slipped 0.7% excluding pharmaceuticals....
March 10, 2016
German prosecutors say they are pressing charges against the chief executive, chairman, and 12 other board members and employees of potash producer K+S (Kassel, Germany) for alleged...
March 10, 2016
Tessenderlo Group (Brussels) and Picanol Group (Ieper, Belgium) have abandoned plans to merge their industrial activities into a single, listed industrial group. The companies say that...
March 10, 2016
WestRock has named seven board members for Ingevity, its specialty chemicals spin-off. Ingevity’s chairman will be Richard Kelson, currently CEO of supply chain firm ServCo (New...
March 11, 2016
The American Hydrofluorocarbon Coalition and its members, including Mexichem (Tlalnepantla, Mexico), on 3 March filed an antidumping duty petition charging that unfairly traded imports...
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