IHS Chemical Week

The latest chemical industry news

LyondellBasell completes sale of Petroken for $184 million

2:26 PM MST | February 8, 2016 | Clay Boswell

LyondellBasell says it has completed the sale of Petroken Petroquimica Ensenada (Petroken; Buenos Aires), a producer of polypropylene, to Grupo Inversor Petroquímica (GIP; Madrid) for $184 million....

Yara International makes organizational and management changes to improve focus

8:38 AM MST | February 8, 2016 | Natasha Alperowicz

Yara International (Oslo) announced on Monday that it is making several organizational and management changes to improve strategic focus. The news comes shortly after Yara announced a profit warning. The company is creating a new production segment comprising...


Saudi Kayan reports large loss in 2015

Sipchem completes purchase of Ikarus share in acetyls affiliates

Sibur Holding elects new board members

More Top of the News...

IN THE MAGAZINE

Pharma ingredients: New therapies, faster approvals drive growth


Business is picking up for the active pharmaceutical ingredients (APIs) industry, and the outlook for the pharma supply chain is positive for the next few years, according to industry association European Fine Chemicals Group (EFCG; Brussels).......read more>>

Americas

Pilot Chemical names new president

10:42 AM MST | February 8, 2016 | Jing Chen

Pilot Chemical, a maker of surfactants and other specialty chemicals, has named Michael Scott to replace Pam Butcher as president. Butcher, who is current president and CEO, will remain in the CEO position while Scott becomes fully established in his new...

Europe

Sibur Holding elects new board members

9:04 AM MST | February 8, 2016 | Natasha Alperowicz

Sibur (Moscow), Russia’s largest petchems player, on Monday announced the election of new members to the management board of Sibur Holding. They are Dmitry Konov, chairman and CEO; Alexey Kozlov, managing director/business administration; Sergey...

news round-up

DuPontDow: 1+1=3

The combination of Dow Chemical and DuPont, announced 11 December, brings together two American corporate icons that have driven and helped define much of the global chemical industry’s development for more than 100 years.


Asia/Pacific

Indian Oil commissions Paradip refinery

2:41 AM MST | February 8, 2016 | Deepti Ramesh

Indian Oil Corp. (New Delhi), on 7 February, commissioned its previously announced new 15 million-m.t./year refinery at Paradip, India. The refinery was inaugurated by Indian prime minister Narendra Modi. The refinery is expected to form part of the Paradip...

Mideast/Africa

Saudi Kayan reports large loss in 2015

8:46 AM MST | February 8, 2016 | Natasha Alperowicz

Saudi Kayan, a Sabic affiliate, on Monday reported large 2015 losses. Net loss rose to 1.243 billion Saudi riyals ($331.5 million) from a net loss of SR44.7 million in 2014. Operating loss was SR593.5 million compared with an operating profit of SR522.8...

Viewpoint

Fine chemicals

4:37 PM MST | February 1, 2016 | —Robert Westervelt

Our cover story this week focuses on the fine chemical sector as it prepares for Informex in New Orleans from 2–4 February....











 
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