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Displaying 1 - 20 of 493 stories.
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
December 12, 2014
Building materials manufacturer Saint-Gobain (Courbevoie, France) says that it plans to acquire all of the shares in Sika (Baar, Switzerland) held by the Burkard family—the...
http://www.chemweek.com/sections/top_of_the_week/Saint-Gobain-bids-to-buy-Sika-Sika-management-against-deal_66122.html
December 12, 2014
US chemical output is set to accelerate sharply through the end of the decade, exceeding the growth of the overall US and global economies, aided by a strong cost advantage and...
http://www.chemweek.com/sections/top_of_the_week/US-Europe-chemical-outlooks-diverge-widely-for-2015_66121.html
December 10, 2014
Cefic says that it expects chemical output is to continue growing in 2015, but that expectations about the pace of European and global economic growth have weakened. Chemical...
http://www.chemweek.com/sections/top_of_the_week/Cefic-cuts-forecast-for-2015-European-chemical-output-to-1-percent_66021.html
December 5, 2014
Lubrizol on 1 December agreed to acquire Weatherford’s oilfield chemicals business and its drilling fluids business for $825 million, including a $75-million performance-based cash earnout....
http://www.chemweek.com/sections/top_of_the_week/Lubrizol-to-buy-Weatherfords-oilfield-chemicals-business_65899.html
December 5, 2014
Samsung Group (Seoul) says that it will sell stakes in four chemical and defense subsidiaries to Hanwha Group (Seoul) in a deal worth 1.9 trillion South Korean won ($1.72 billion)...
http://www.chemweek.com/sections/top_of_the_week/Samsung-to-sell-subsidiaries-including-chemicals-to-Hanwha_65900.html
November 25, 2014
The European Commission has adopted a communication from European trade commissioner Cecilia Malmström putting forth decisions on enhanced transparency of the Transatlantic Trade...
http://www.chemweek.com/sections/top_of_the_week/European-Commission-agrees-to-enhanced-transparency-on-TTIP-talks_65681.html
November 21, 2014
Activist hedge fund Third Point, which has been openly critical of Dow Chemical management since revealing a stake in January, intends to wage a proxy battle to take board seats at Dow’s 2015 annual meeting, according to SEC filings....
http://www.chemweek.com/sections/top_of_the_week/Third-Point-prepares-for-proxy-fight-as-Dow-defends-integration_65617.html
November 14, 2014
Industry groups say the midterm elections should provide a more favorable policy environment for US chemical makers to carry out US growth and investment plans. Republicans will gain a majority in the Senate when the next Congress is seated in early 2015, giving them control of both houses....
http://www.chemweek.com/sections/top_of_the_week/Industry-groups-express-postelection-optimism-on-TSCA-reform-trade-prospects_65420.html
November 13, 2014
Dow Chemical announced plans on 12 November to cut its stake in its Kuwaiti petrochemical joint ventures and sell its Angus Chemical subsidiary to private equity firm Golden Gate Partners for $1.2 billion. Dow announced the deals as part of a strategy update at its investor day in Lake Jackson, TX, where the company also announced plans to realign external reporting, increase its dividend, and expand a shareholder repurchase program....
http://www.chemweek.com/sections/top_of_the_week/Dow-updates-strategy-as-Third-Point-raises-pressure_65419.html
November 10, 2014
The executive board of Germany’s IG BCE (Hanover), representing workers in the chemical, mining, and energy sectors, says it has unanimously agreed its pay demands for the...
http://www.chemweek.com/sections/top_of_the_week/Germany-chemical-industry-workers-demand-4-5-percent-more-pay-in-2015_65258.html
October 31, 2014
Strong quarterly results for North American commodity producers reflect the benefit of shale-advantaged energy and feedstocks. LyondellBasell Industries reports third-quarter net...
http://www.chemweek.com/sections/top_of_the_week/Commodity-producers-report-strong-third-quarter-results_65006.html
October 27, 2014
The Intergovernmental Panel on Climate Change (IPCC; Geneva) today opened its meeting in Copenhagen to finalize its synthesis report, which will provide policymakers with a...
http://www.chemweek.com/sections/top_of_the_week/IPCC-starts-meeting-to-finalize-its-synthesis-report-a-roadmap-for-policymakers-on-climate-change_64814.html
October 24, 2014
Germany’s chemical industry trade association VCI (Frankfurt) says that the target of a 40% reduction in greenhouse gas emissions agreed by European leaders is “highly...
http://www.chemweek.com/sections/top_of_the_week/VCI-Highly-ambitious-climate-targets-will-result-in-weaker-growth-reduced-competitiveness_64783.html
October 24, 2014
The European Council, the institution of the heads of state or government of the member states of the European Union, has agreed on the 2030 climate and energy policy framework for the...
http://www.chemweek.com/sections/top_of_the_week/European-leaders-set-ambitious-climate-energy-targets-for-2030_64780.html
October 24, 2014
Cost-advantaged feedstocks, made plentiful from shale gas development, continue to boost Dow Chemical’s margins. The company adds that while the sharp drop in crude oil prices...
http://www.chemweek.com/sections/top_of_the_week/Dow-posts-gains-says-lower-oil-prices-wont-hurt-cost-position_64748.html
October 24, 2014
Total has named Patrick Pouyanné CEO, following the death of Christophe de Margerie, chairman and CEO, in a plane crash at a Moscow airport on 20 October. Pouyanné was president of refining and chemicals and a member of the Total executive committee....
http://www.chemweek.com/sections/top_of_the_week/Total-appoints-head-of-refining-and-chemicals-as-its-new-CEO_64749.html
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