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Displaying 41 - 60 of 438 stories.
October 11, 2013
Europe’s petrochemical industry must undergo a fundamental shift in focus if it is to survive and prosper in an increasingly challenging and competitive global market, says Sabic CEO Mohamed Al Mady....
http://www.chemweek.com/sections/top_of_the_week/EPCA-2013-Europes-petchem-sector-must-refocus_55829.html
October 4, 2013
Wolfgang Büchele, Kemira’s president and CEO, has announced that he will resign from his current position to become the CEO of Linde, a German gases and engineering company...
http://www.chemweek.com/sections/top_of_the_week/Linde-Agrium-announce-management-changes_55664.html
October 4, 2013
Air Products has reached an agreement with its largest shareholder requiring the company to appoint new board members and immediately start the search for a new CEO....
http://www.chemweek.com/sections/top_of_the_week/Pershing-Square-forces-board-CEO-changes-at-Air-Products_55665.html
September 6, 2013
Total says it will permanently close its 340,000-m.t./year ethylene plant at Carling, France. The Carling steam cracker is expected to shut down in the second half of 2015. The...
http://www.chemweek.com/sections/top_of_the_week/Total-to-close-Carling-cracker-convert-site-to-polymer-hub_54985.html
September 6, 2013
Recent economic data indicate key economies are poised to pick up steam in the second half of 2013 and into 2014. Strong housing markets and consumer-driven production gains are set to...
http://www.chemweek.com/sections/top_of_the_week/US-economy-on-upswing-Europe-showing-signs-of-life_54986.html
August 23, 2013
Sasol says that its wholly owned Sasol Investment subsidiary entered into a definitive sale and share purchase agreement on 16 August, pursuant to which Main Street 1095 Ltd., a South...
http://www.chemweek.com/sections/top_of_the_week/Sasol-divests-stake-in-Iran-petrochemical-joint-venture_54656.html
August 9, 2013
The global outlook for potash was thrown into turmoil as one of two cartels that control most of the world’s potash exports collapsed at the end of July. Uralkali (Berezniki...
http://www.chemweek.com/sections/top_of_the_week/Collapse-of-European-cartel-roils-potash-markets_54364.html
August 9, 2013
PPG Industries has reached an agreement to divest its 51% stake in Transitions Optical, a global supplier of photochromic lenses, to Essilor International (Charenton-le-Pont, France), which currently holds a 49% stake in the joint venture. Essilor, a maker of ophthalmic lenses and optical equipment, will also enter into multiyear agreements with PPG for continuing supply of optical dyes and R&D services....
http://www.chemweek.com/sections/top_of_the_week/PPG-exits-Transitions-Optical-JV-to-receive-$1-73-billion_54365.html
July 26, 2013
Dow Chemical has agreed to sell its styrenics unit, Styron, to Bain Capital (Boston) for $1.63 billion. The sale is part of the company’s continuing efforts to mend its balance...
http://www.chemweek.com/sections/top_of_the_week/Dow-Sells-Styron-to-Bain-Capital-for-$1-63-Billion_25358.html
July 26, 2013
DuPont announced 23 July that it is exploring the sale or spin-off of its $7-billion/year performance chemicals unit as part of its transformation to a “higher growth, less cyclical company.”...
http://www.chemweek.com/sections/top_of_the_week/DuPont-exploring-sale-or-split-of-performance-chemicals-unit_53949.html
July 12, 2013
The board of Royal Dutch Shell has announced that Ben van Beurden will succeed Peter Voser as CEO, effective 1 January 2014....
http://www.chemweek.com/sections/top_of_the_week/Shell-names-former-chemicals-chief-van-Beurden-as-CEO_53543.html
July 12, 2013
The European Commission, member states of the European Union, and European industry are to invest more than €22 billion ($28 billion) in innovation over the next seven years....
http://www.chemweek.com/sections/top_of_the_week/EU-and-industry-join-forces-to-invest-$28-billion-in-innovation_53544.html
June 28, 2013
Industry groups, including ACC and American Fuels and Petrochemicals Manufacturers (AFPM; Washington), have issued mostly critical reactions to President Obama’s federal climate...
http://www.chemweek.com/sections/top_of_the_week/Industry-mostly-skeptical-of-Obama-climate-plan_53241.html
June 28, 2013
Israel Corp. (Tel Aviv), the parent of Israel Chemicals (ICL; Tel Aviv), is examining plans to split its assets into two companies, Israel Corp. said in a statement last week. Israel...
http://www.chemweek.com/sections/top_of_the_week/Israel-Chemicals-parent-mulls-split-into-two-companies_53242.html
June 21, 2013
US ethylene prices responded immediately to news of a fatal explosion at Williams’ Geismar, LA, cracker, but the long-term impact of the 13 June incident is uncertain....
http://www.chemweek.com/sections/top_of_the_week/Williams-Geismar-cracker-off-line-after-fatal-explosion_53013.html
June 21, 2013
Private equity firm Cinven (London) has won the bid to acquire CeramTec (Plochingen, Germany) from Rockwood Holdings (Princeton, NJ) for €1.49 billion ($1.98 billion), subject to adjustments. Cinven beat out competition from two other private equity firms, BC Partners and Bain Capital....
http://www.chemweek.com/sections/top_of_the_week/Cinven-wins-$2-billion-bid-to-buy-CeramTec-from-Rockwood_53014.html
June 7, 2013
Sahara Petrochemicals Co. (Riyadh) and Saudi International Petrochemical Co. (Sipchem; Al Khubar), two major petrochemical companies listed on the Saudi Stock Exchange, have announced plans to study a merger....
http://www.chemweek.com/sections/top_of_the_week/Sahara-Petrochemicals-Sipchem-study-merger_52678.html
May 31, 2013
Senators Frank Lautenberg (D., NJ) and David Vitter (R., LA) on 22 May introduced the Chemical Safety Improvement Act (CSIA) of 2013—a bipartisan bill to modernize the Toxic Substances Control Act (TSCA), the 37-year-old law that governs US chemicals management....
http://www.chemweek.com/sections/top_of_the_week/Bipartisan-TSCA-reform-bill-garners-broad-support_52408.html
May 21, 2013
Ineos and Solvay have confirmed CW’s exclusive report that they are forming a vinyls joint venture (CW, May 6, p. 7)....
http://www.chemweek.com/sections/top_of_the_week/Ineos-and-Solvay-confirm-plans-for-vinyls-JV-Solvay-to-exit-PVC_52087.html
May 21, 2013
The US Supreme Court has ruled in favor of Monsanto in a landmark intellectual property case involving reuse of genetically modified seeds. The case, Bowman v. Monsanto, involved an...
http://www.chemweek.com/sections/top_of_the_week/US-Supreme-Court-rules-in-favor-of-Monsanto-in-Bowman-case_52086.html
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