IHS Chemical Week

The latest chemical industry news

VCI says Germany's chemical output declined sequentially in the second quarter, cuts forecast

7:45 AM MDT | September 2, 2014 | Francinia Protti-Alvarez

Germany's chemical output during the second quarter was up 0.3% year-on-year (YOY) but output contracted by 2.3% compared with the first quarter, says the country's chemical industry association VCI (Frankfurt). The sequential decline was strongest in the...

Evonik highlights €2-billion investment across German sites

8:50 AM MDT | September 2, 2014 | Francinia Protti-Alvarez

Evonik Industries says that about €2 billion ($2.6 billion) of the company's 2012–16 investment program is being spent in Germany. Investments include new capacities for C4-based products at Marl; an expansion of specialty silicon production at...


Royal Adhesives & Sealants acquires Canadian firm Chemque

Uralchem reports major drop in sales and earnings in first six months

Brenntag acquires specialty chemicals distribution business in India

More Top of the News...

This week

China still roars:
Double-digit chemical industry growth spurs more investments


China continues to drive growth in the worldwide chemical industry despite the country’s slower economy and the resurgence of the United States as a destination for petrochemical investments based on the shale gas revolution...read more>>

Americas

Albemarle completes sale of antioxidant business to SI Group

6:31 AM MDT | September 2, 2014 | Francinia Protti-Alvarez

Albemarle has completed the previously announced sale of its antioxidant, ibuprofen, and propofol businesses and related assets to SI Group (Schenectady, NY), Albemarle said today. Financial terms of the transaction have not been disclosed. The transaction...

Europe

Arsenal's Accella buys German tire materials firm

8:36 AM MDT | September 2, 2014 | Vincent Valk

Accella Performance Materials (St. Louis), a portfolio company of Arsenal Capital (New York), has purchased Zeus Tyrefill Systems (Dortmund, Germany) for an undisclosed sum, the company says. Zeus makes polyurethane-based tire fill and flatproofing products...

news round-up

Chemical industry weekly news roundup, 29 August

Albemarle’s $6.2-billion acquisition of Rockwood Holdings was the result of an off-and-on 24-month courtship, according to a joint registration statement filed on Thursday by Albemarle and Rockwood. Discussions accelerated quickly in May and June as Rockwood M&A adviser Lazard pressed for bids and former Rockwood chairman and CEO Seifi Ghasemi prepared to retire from Rockwood...

Asia/Pacific

BASF opens electronic materials R&D center in South Korea

12:19 AM MDT | September 3, 2014 | Deepti Ramesh

BASF says it has opened its previously announced regional Electronic Materials R&D Center in the Sungkyunkwan University at Suwon, South Korea. The new facility marks the first time for BASF to establish a regional R&D presence in South Korea, one of...

Mideast/Africa

Albemarle and ICL to form polymeric flame retardants JV

4:16 AM MDT | August 29, 2014 | Deepti Ramesh

Albemarle and Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that they have entered into an agreement to establish a manufacturing joint venture to produce ICL's FR-122P polymeric flame retardant and Albemarle's GreenCrest polymeric flame retardant...

Viewpoint

China continues growing

4:39 PM MDT | August 28, 2014

China continues to drive demand growth in the worldwide chemical industry despite moderating GDP (p. 21). China’s chemical demand is still growing at a double-digit rate, pushing chemical companies inside and outside China to strive to capture that growth with more investments in the country....











 
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