IHS Chemical Week

The latest chemical industry news

Methanol Holdings (Trinidad) to become partner in Louisiana project

8:38 AM MST | December 19, 2014 | Natasha Alperowicz

G2X Energy (Houston) and Methanol Holdings (Trinidad) Ltd. (MHTL) announced on Thursday that MHTL intends to partner with G2X Energy to construct a previously announced, world-scale methanol-to-gasoline (MTG) production facility at Lake Charles, LA. G2X...

Aramco and Total to inject funds into Satorp joint venture

1:49 AM MST | December 22, 2014 | Natasha Alperowicz

Saudi Aramco and Total have announced that they will inject new funds into their joint venture, Saudi Aramco Total Refining & Petrochemical Corp. (Satorp), to finance the construction of the latter's project at Al Jubail, Saudi Arabia. The two companies...

Petronas selects LyondellBasell Spherizone and Spheripol PP technology for Rapid project

Ashland signs redispersible powder products manufacturing deal with Dairen

Ineos licenses polypropylene technology to China

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Chemical Week 100 anniversary timelineLaunch timeline

This week

Novozymes: Leading bioinnovation

Novozymes, the leading maker of enzymes globally, has grown solidly in recent years as it expanded into markets in household care, food and beverage, bioenergy, agriculture and feed, and pharma. Now, two new opportunities have the potential to become growth drivers. Demand for the company’s biomass conversion enzymes are forecast to grow now that the first cellulosic ethanol plants are finally coming online. Also, a major bioagriculture partnership with Monsanto holds tremendous potential to unlock value from farmers looking to boost yields
...read more>>


S&W Seed Co. to acquire DuPont Pioneer alfalfa research and production assets

12:43 AM MST | December 22, 2014 | Deepti Ramesh

Agricultural company S&W Seed Co. (Five Points, CA) says that it will acquire all of DuPont Pioneer’s alfalfa production and research facility assets, as well as all conventional alfalfa germplasm, for a purchase price of up to $42 million. The deal...


Mittelstand: Germany's constitutional court declares inheritance tax partly 'unconstitutional'

5:40 AM MST | December 19, 2014 | Michael Ravenscroft

Germany’s constitutional court, BVG (Karlsruhe) has declared in a ruling that the exemption rules in the inheritance tax code are in part unconstitutional and has given lawmakers a new deadline, 30 June 2016, to find a remedy. The BVG has, for the third...

news round-up

Chemical industry weekly news roundup, 12 December

US chemical output is set accelerate sharply through the end of the decade, exceeding the growth of the overall US economy, according to ACC’s Year End 2014 Chemical Industry Situation and Outlook, published this week. ACC forecasts a 3.7% US chemical output gain in 2015, up from 2% in 2014, and an even stronger gain of 3.9% for 2016. The forecast puts the US chemical industry on track to break the $1 trillion sales barrier by 2019...


PetroChina subsidiary selects UOP’s hydrogen purification technology for refinery in China

1:19 AM MST | December 19, 2014 | Deepti Ramesh

UOP, a Honeywell subsidiary, says that PetroChina Guangxi Petrochemical Co. (GXPC), a subsidiary of PetroChina, is using UOP process technology to purify hydrogen at a new refining complex at Qinzhou, Guangxi Province, China. With support from UOP’s...


Sabic appoints chemicals executive to CFO

2:09 AM MST | December 19, 2014 | Natasha Alperowicz

Yousef Al Benyan  Sabic, the Mideast’s largest chemicals player and one of the global leading producers, has appointed Yousef Al Benyan as its new CFO, CW has learned. Sources tell CW that Al Benyan will be executive v.p./finance as of 11 January...


Crude endings

3:06 PM MST | December 18, 2014

A sharp drop in crude prices continues to bring some year-end anxiety in what has been a very strong year for US chemical makers....

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