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August 6, 2007
Chemical companies reported mixed fourth-quarter results last week. Westlake posted net income of $14.4 million, down from $73.6 million in the year-ago period. Revenues decreased 18%...
August 6, 2007
Norsk Hydro has appointed stockbrokers ABG Sundal Collier (Oslo) to advise on the previously announced sale or listing of Hydro Polymers, Hydro CEO Eivind Reiten tells CW (CW, Jan. 10...
August 6, 2007
BASF last week announced record sales and earnings for 2006 and expressed optimism for another strong performance in 2007. The company overtook Dow Chemical last year to become the...
August 6, 2007
Rashtriya Chemicals & Fertilizers (Mumbai) says it plans to spend Rs4 billion ($88.9 million) to build an 850,000-m.t./year diammonium phosphate (DAP) plant at Kapasan in the...
August 6, 2007
Foster Wheeler says it has been awarded a front-end engineering design (FEED) and project management consultancy service contract by Osos Petrochemicals Co. (Yanbu, Saudi Arabia), a...
August 6, 2007
Representative John Dingell (D., MI) says he has reached an agreement with House Speaker Nancy Pelosi (D., CA) on her proposal to create a new climate change committee. Pelosi’s...
August 6, 2007
Socma says EPA should retain the National Pollution Prevention Toxics Advisory Committee (NPPTAC), saying the resignation of several panel members should not force closure of the...
August 6, 2007
Chemical tank storage providers continue to benefit from strong demand, especially amid increasing chemical production in China and the Mideast. Europe and North America are importing...
August 1, 2007
The plastics industry has turned 100 years old, and London’s Science Museum is throwing a party with “Plasticity—100 Years of Making Plastics.” The...
August 1, 2007
Prices U.S.: 38 cts-60 cts/del, contract EUROPE: €570-€930/m.t. del, contract ASIA: $360-$410/m.t. c&f, spot, 50% basis Outlook Hydrogen peroxide (H2O2) production is on...
July 30, 2007
Bunge Oils and Diversa say they have formed a partnership to discover and develop novel enzymes for use in the production of edible oils that have enhanced nutritional or health...
July 30, 2007
The New Jersey Work Environment Council (NJWEC; Trenton) has mounted a campaign to force the Occupational Safety and Health Administration (OSHA) to conduct enforcement reviews of...
July 30, 2007
Comments by Huntsman founder and chairman Jon Huntsman Sr. at the company’s investor meeting in New York last week have fueled fresh speculation over whether the planned...
July 30, 2007
Capital markets were receptive to chemical makers last year as producers were able to freely tap debt and equity markets to raise cash, according data from investment bank Young &...
July 30, 2007
Henkel says it will merge its Consumer and Craftsman Adhesives, and Henkel Technologies business segments, to create a new €5.5-billion/year ($7.1 billion) segment, Adhesives...
July 30, 2007
Output of chemicals increased 3% in Germany in the fourth quarter of 2006, compared with the equivalent period of 2005, according to industry association VCI (Frankfurt). VCI...
July 30, 2007
Degussa’s Goldschmidt Chemical has reached an agreement with EPA to resolve alleged clean air violations at its Mapleton, IL chemical plant. Under the agreement, Goldschmidt will...
July 30, 2007
Senators Ben Nelson (D., NE) and Pat Roberts (R., KS) have introduced the Agricultural Business Security Tax Credit Act, a bill that would establish a tax credit to help agriculture...
July 30, 2007
New York-based private equity firms Apollo Management, The Blackstone Group, and GS Capital Partners have agreed to sell their remaining shares in Nalco Holding, according to a recent...
July 30, 2007
Global chemical volumes are estimated to have grown 4.2%, and U.S. chemical volumes increased 2.5% last year, due largely to a stable global economy, ACC says. The fastest growth was...
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