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July 30, 2007
U.S. ethylene spot prices have come under pressure from lower natural gas costs. Prices stagnated at 36.5 cts/lb del, with buying ideas at 35 cts/lb del, sources say. Propylene spot...
http://www.chemweek.com/sections/other/COMMENTARY_5350.html
July 30, 2007
Dow Chemical’s recent acquisition of Bayer’s Wolff Walsrode (Walsrode, Germany) cellulosics subsidiary, strengthens Dow’s differentiated portfolio and reduces its...
http://www.chemweek.com/sections/other/Dow-Acquires-Wolff-Walsrode-Business-from-Bayer_5339.html
July 30, 2007
Chemical Growth Outstrips GDP India’s population has grown as large as that of China, and India is exhibiting similar growth rates to China in GDP and chemicals. India’s...
http://www.chemweek.com/sections/other/India_5331.html
July 30, 2007
‘Robust’ Economic Growth Ahead Most major Japanese chemical makers indicate that they expect their financial performance to improve in 2007. They cite the Japanese economy...
http://www.chemweek.com/sections/other/Japan_5330.html
July 30, 2007
Oil Prices Stay High; Ethane Gets Scarcer OPEC, dominated by oil-producing countries in the Mideast, announced plans in December to reduce its oil-production quota in February 2007 by...
http://www.chemweek.com/sections/other/Mideast_5328.html
July 30, 2007
GDP Slows, but Recovery Stays on Track Europe’s long-awaited economic recovery materialized in 2006 after several false starts. GDP growth is forecast to slow slightly in 2007...
http://www.chemweek.com/sections/other/Europe_5323.html
July 30, 2007
Fine Chemicals: Asian Invasion to Continue Asia’s share of the global pharma fine chemical sector is forecast to increase through 2007 as companies in India and China in...
http://www.chemweek.com/sections/other/Pharmaceuticals_5317.html
July 30, 2007
Global Earnings to Rebound Earnings for the global plastics industry will rebound this year, following price declines in the past few months due to inventory destocking and falling...
http://www.chemweek.com/sections/other/Plastics_5314.html
July 30, 2007
Earnings Stay Close to Peak The petrochemical market has been surprisingly resilient in the past year, driving up earnings after a brief retreat in 2005. Tight markets in several...
http://www.chemweek.com/sections/other/Petrochemicals_5313.html
July 30, 2007
Global Market Enters ‘More Mature’ Phase Chemical makers worldwide enter the new year upbeat as key indicators point to continued, if subdued, growth for the industry. The...
http://www.chemweek.com/sections/other/Industry-Outlook_5312.html
July 30, 2007
South Asian Petrochem Ltd. (SAPL; Kolkata, India) says it has signed an agreement with Egyptian Petrochemicals Holding Co. (Echem; Cairo) for a joint venture to make polyethylene...
http://www.chemweek.com/sections/other/Indian-Egyptian-JV-to-Build-PET-Plant_5309.html
July 30, 2007
Technip says it has been awarded a contract by Map Ta Phut Olefins, a joint venture between Siam Cement and Dow Chemical, to build the furnaces section of a previously announced steam...
http://www.chemweek.com/sections/other/-Awarded-Cracker-Furnaces-Deal-in-Thailand_5306.html
July 30, 2007
An explosion at the Baiyin, China site of China Gansu Yinguang Chemicals Co. on December 27, 2006 killed “at least three people” and injured an unspecified number of...
http://www.chemweek.com/sections/other/Explosions-Rock-Chinese-Plants_5304.html
July 30, 2007
The European Commission has launched legal charges against 16 European Union (EU) member states for failing to liberalize their national energy markets in accordance with an EU...
http://www.chemweek.com/sections/other/Brussels-Moves-to-Force-Open-EU-Energy-Markets_5300.html
July 30, 2007
Stepan says it expects to post a loss of $5 million-$6 million in the fourth quarter, due mostly to “lower margins combined with unplanned plant operating costs,” says F...
http://www.chemweek.com/sections/other/Stepan-Expects-Fourth-Quarter-Loss_5297.html
July 30, 2007
Rohm and Haas (R&H) says it expects fourth-quarter earnings from continuing operations to be 75 cts–79 cts/share, excluding restructuring charges. The consensus of...
http://www.chemweek.com/sections/other/R-and-H-Announces-Earnings-Estimates-Lays-Off-200-Employees-in-North-America_5295.html
July 30, 2007
Monsanto reported net income for its fiscal first quarter ended November 30, 2006 of $90 million (16 cts/share), up 53% over the year-ago quarter, and beating analysts’ estimates...
http://www.chemweek.com/sections/other/Favorable-Tax-Rate-Lifts-Monsantos-Earnings_5292.html
July 26, 2007
DSM says it will build an engineering plastics compounding plant in India. The plant will be located in the Ranjangaon MIDC industrial zone about 60 km from Pune. DSM says that the...
http://www.chemweek.com/sections/other/DSM-Plans-Compounding-Plant-in-India_6006.html
July 26, 2007
The CW75 Index slipped less than 1% for the week ending March 28. The Morgan Stanley global composite index was flat, and the Standard & Poor’s 500 fell by 1.2%. Basic...
http://www.chemweek.com/sections/other/cw75-stock-performance_6032.html
July 25, 2007
Senators Mary Landrieu (D., LA) and Representative John Peterson (R., PA) say lawmakers on the House and Senate energy committees will consider drafting legislation this year to open...
http://www.chemweek.com/sections/other/Congress-to-Consider-Second-OCS-Bill_5516.html
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