IHS Chemical Week
BUSINESS

Formosa Plastics challenges findings that one of its naphtha crackers exposes students to toxic chemicals

1:24 AM MDT | August 24, 2016 | Sok Peng Chua

Higher traces of TdGA could also be caused by second-hand smoke, vehicle emissions....

Borealis reports lower profit, delay to US ethane shipments; may join Nova in PE plan in Canada

5:01 AM MDT | August 24, 2016 | Natasha Alperowicz

Borealis AG, a producer of polyolefins, base chemicals, and fertilizers, on Wednesday announced 12% lower second-quarter net profit and 10% lower consolidated sales of €309 million ($348.5 million) and €2.2 billion, respectively, still the company's second-best quarterly result after the record 2015....

Environment

Researchers develop p-xylene separation technology to reduce carbon emissions and energy use

August 19, 2016 | Francinia Protti-Alvarez

Scientists from ExxonMobil Corp. and the Georgia Institute of Technology (Atlanta) have developed a new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. Using a molecular-level filter, the...

Finance

Lenzing sales rise on flat volumes, profit jumps

August 24, 2016 | Michael Ravenscroft

Lenzing AG (Lenzing, Austria), a producer of cellulosic fibers, has announced sales of €1.0 billion ($1.1 billion) in the first half of this year, an increase of 8.3% year over year (YOY). EBIT more than doubled, to €129.7 million, during the six...

M&A

Oltchim up for sale again

August 24, 2016 | Francinia Protti-Alvarez

Oltchim SA (Râmnicu Vâlcea, Romania) will launch a competitive process for selling its assets, the company has announced. These assets will be grouped in bundles; currently nine are envisaged, Oltchim says. The state-controlled company has two...

People

K+S appoints new chairman

August 24, 2016 | Natasha Alperowicz

The supervisory board of K+S AG (Kassel, Germany) on Wednesday appointed Burkhard Lohr as the company's new executive chairman....

Projects

Solvay doubles carbon fiber capacity with new production line in South Carolina

August 24, 2016 | Natasha Alperowicz

Solvay is on Wednesday inaugurating a carbon fiber production line at its Pedmont, South Carolina, facility, doubling production capacity of a key raw material to make carbon fiber–reinforced composite materials and meeting increasing demand for lightweighting composite materials in the aerospace industry....

Regulatory

Monsanto pulls GM  cotton variety from India in protest of royalty cap

August 24, 2016 | Rebecca Coons

Monsanto has pulled its application for approval of its latest genetically modified (GM) cotton seed in India over government policies that have increased the "business and regulatory environment" in the country, a major producer of cotton. At issue...

R&D

Altana starts building $11-million coatings and adhesives laboratory

August 18, 2016 | Michael Ravenscroft

Specialty chemicals company Altana (Wesel, Germany) has announced the laying of the foundation stone of a new laboratory building at Grevenbroich, Germany, a site of its coatings and adhesives subsidiary Actega Rhenania GmbH. Altana says it is investing about...





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