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Displaying 1 - 20 of 509 stories.
February 27, 2015
Royal Dutch Shell says that it has made a final investment decision to rebuild the Ellba propylene oxide–styrene monomer (POSM) plant at Shell Chemicals’ Moerdijk...
http://www.chemweek.com/sections/top_of_the_week/Shell-confirms-plans-to-rebuild-Moerdijk-POSM-unit_68169.html
February 27, 2015
Asahi Kasei has reached an agreement to acquire Polypore International (Charlotte, NC) in a deal that values Polypore at $3.2 billion....
http://www.chemweek.com/sections/top_of_the_week/Asahi-Kasei-to-buy-Polypore-in-deal-valued-at-$3-2-billion_68168.html
February 27, 2015
Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back...
http://www.chemweek.com/sections/top_of_the_week/Cefic-EU-chemical-growth-"stagnant-in-2014"_68187.html
February 25, 2015
The German chemical marked a year of ups and downs in 2014 with a weak quarter, chemical industry trade association VCI (Frankfurt) says in its latest summary. Sales for the full year...
http://www.chemweek.com/sections/top_of_the_week/Germanys-chemical-industry-closes-2014-on-weak-note-production-expected-to-grow-1-5-percent-in-2015_68070.html
February 24, 2015
The environment committee of the European Parliamentary has voted in favor of a reform of the European Union’s Emissions Trading System (EU ETS), backing a draft law to reduce...
http://www.chemweek.com/sections/top_of_the_week/EU-environment-committee-votes-for-market-stability-reserve-to-take-effect-start-of-2019_68049.html
February 20, 2015
Activist hedge fund Trian Fund Management (New York) on 11 February filed a proxy statement with SEC for its four nominees to stand for election to DuPont’s board at the company’s next annual meeting....
http://www.chemweek.com/sections/top_of_the_week/Trian-and-DuPont-step-up-fight-over-board-seats_67930.html
February 20, 2015
Sabic says that Yousef Abdullah Al Benyan has been appointed acting CEO of the company, succeeding Mohamed Al Mady....
http://www.chemweek.com/sections/top_of_the_week/Al-Mady-steps-down-as-CEO-of-Sabic_67929.html
February 9, 2015
Diversified and commodity producers report positive results for the fourth quarter as year-on-year (YOY) growth in volumes and advantaged feedstocks boosted reported earnings above...
http://www.chemweek.com/sections/top_of_the_week/Fourth-quarter-earnings-up-but-forecasts-down-for-2015_67582.html
February 9, 2015
Tronox has reached a deal to acquire FMC’s alkali chemicals, or soda ash, business for $1.64 billion. The transaction is expected to close in the first quarter. FMC, in September...
http://www.chemweek.com/sections/top_of_the_week/Tronox-to-acquire-FMCs-soda-ash-business-for-$1-64-billion_67581.html
January 23, 2015
Chemical industry financial analysts expect North American chemical companies to report solid fourth-quarter earnings, driven by lower raw material costs and solid demand, but the...
http://www.chemweek.com/sections/top_of_the_week/Crude-oil-looms-over-fourth-quarter-earnings-and-outlook_67142.html
January 23, 2015
BASF has said that it will raise global capacity for 1,4-butanediol (BDO) to 670,000 m.t./year from the current 650,000 m.t./year....
http://www.chemweek.com/sections/top_of_the_week/BASF-to-raise-butanediol-capacity-at-Geismar-by-10-percent_67141.html
January 19, 2015
European chemical output grew by 0.7% year-on-year (YOY) during the first 10 months of 2014, while prices fell by 1.6%, Cefic says. Output in October fell by 1.2% compared with the...
http://www.chemweek.com/sections/top_of_the_week/Cefic-EU-chemical-output-up-0-7-percent-for-first-10-months-of-2014-employment-up-for-fourth-consecutive-quarter_66964.html
January 16, 2015
Hedge fund Trian Fund Management (New York) on 9 January continued its campaign against DuPont management, nominating four directors to the company’s board....
http://www.chemweek.com/sections/top_of_the_week/Trian-plans-DuPont-proxy-fight-sharpens-call-for-breakup_66889.html
January 16, 2015
Hedge fund FrontFour Capital (Greenwich, CT) on 9 January released a letter criticizing management of OM Group, accusing the company of generating a poor return on capital and on...
http://www.chemweek.com/sections/top_of_the_week/Hedge-fund-FrontFour-presses-for-changes-at-OM-Group_66890.html
January 9, 2015
DuPont in late December 2014 filed with SEC to launch a spin-off of its mostly commodity performance chemicals business—over a year after the company announced the planned spin-off. The entity will be called The Chemours Co. and will consist of three segments—chemical solutions, fluoroproducts, and titanium technologies....
http://www.chemweek.com/sections/top_of_the_week/DuPont-files-for-performance-chemicals-spin-off_66684.html
January 9, 2015
A group of 12 minority shareholders launched in late December 2014 a last-ditch attempt to prevent Saint-Gobain (Courbevoie, France) from buying family-controlled construction...
http://www.chemweek.com/sections/top_of_the_week/Sika-minority-shareholders-try-to-block-Saint-Gobain-takeover_66685.html
December 19, 2014
Dow Corning is shuttering its never-operated Hemlock Semiconductor polysilicon facility in Clarksville, TN, saying the plant would not be economically viable. The $1-billion-plus project was completed last year but has never produced product because of oversupply in polysilicon markets and the impact of tariffs on polysilicon imported into China....
http://www.chemweek.com/sections/top_of_the_week/Dow-Corning-to-abandon-Tennessee-polysilicon-assets_66300.html
December 19, 2014
The National Industrialization Co. (Tasnee; Riyadh) has informed the Saudi Stock Exchange that its board has accepted the resignation of Salih bin Fahd Al Nazha, Tasnee’s CEO, due to personal reasons....
http://www.chemweek.com/sections/top_of_the_week/Tasnee-appoints-former-Sabic-CFO-as-its-new-CEO_66299.html
December 17, 2014
Six substances have been added to the candidate list of substances of very high concern (SVHC), under the European Union’s Registration, Evaluation, Authorisation, and...
http://www.chemweek.com/sections/top_of_the_week/ECHA-adds-six-substances-to-SVHC-list_66244.html
December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/sections/top_of_the_week/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
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