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March 13, 2015
Shin-Etsu Chemical said on 12 March that it will expand silicone monomer production in Thailand and build a technical center for silicones application development in the United States...
March 4, 2015
Evonik Industries has reported today full-year 2014 sales of €12.9 billion ($14.4 billion), compared with €12.7 billion a year ago, or an increase of 2% year-on-year (YOY)...
March 2, 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...
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...
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....
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...
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...
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....
February 20, 2015
Sabic says that Yousef Abdullah Al Benyan has been appointed acting CEO of the company, succeeding Mohamed Al Mady....
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...
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...
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...
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....
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...
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....
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...
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....
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...
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....
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....
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