IHS Chemical Week

The latest chemical industry news

Pertamina and Saudi Aramco ink deal for refinery, petchems in Indonesia

8:26 AM MST | November 26, 2015 | Natasha Alperowicz

Indonesia’s state energy group Pertamina (Jakarta) and Saudi Aramco, the state-owned oil company of Saudi Arabia, on Thursday signed a heads of agreement for joint ownership, operation and upgrade of the Cilacap refinery in Central Java, Indonesia with...

EPA asks court to vacate approval of Dow's Enlist Duo herbicide (updated)

2:27 PM MST | November 25, 2015 | Robert Westervelt

EPA says new information on herbicide's toxicity could lead to a different decision on restrictions for using Enlist Duo....

Court dismisses Klesch case against Arkema and orders Klesch to pay damages and costs

Cytec shareholders approve Solvay takeover

CB&I and CTCI win $2.8 billion ethylene plant order in Oman

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Engineering and construction

The sharp drop in oil prices has had a major impact on oil and gas capital expenditures. Political turmoil and forecasts of a slowing world economy, led by China, add to the uncertainties...read more>>

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Dow expects production at Freeport PDH unit in fourth quarter

11:27 AM MST | November 25, 2015 | Brian Balboa

With Dow Chemical's propane dehydrogentation (PDH) unit in Freeport, TX now mechanically complete as of this week, the company reiterated Wednesday that it expects a commercial contribution from the unit this quarter. The company said all required...


DSM hikes capacity for Akulon XS nylon for flexible packaging films

2:27 AM MST | November 26, 2015 | Natasha Alperowicz

DSM said in Thursday that it is expanding production capacity for Akulon XS, a new nylon developed specifically for blown films used in flexible food packaging. The expansion at DSM’s Emmen, the Netherlands site, is scheduled for completion in the first...

news round-up

DuPont names permanent CEO; APLA, NACD roundup, Celanese targets nylon

DuPont named Edward Breen as chair and (CEO), effective immediately. Breen has served as interim chair and CEO of DuPont since 16 October, succeeding Ellen Kullman, who resigned abruptly in early October. Breen, who joined DuPont’s board in February, oversaw two break-ups as CEO of Tyco resulting in the spin-offs of Covidien, Tyco Connectivity, ADT Corporation and the merger of Tyco Flow Control with Pentair.


Tecnimont and Huan Qiu awarded large PP plant contract by Petronas

5:52 AM MST | November 23, 2015 | Natasha Alperowicz

Maire Tecnimont (Rome) says its Tecnimont (Milan) subsidiary in an alliance with Huan Qiu (HQC; Beijing) have been awarded a lump sum, turnkey engineering, procurement, construction and commissioning contract for twopreviously announced polypropylene (PP)...


Oman finalizes negotiations for $4.5 billion Liwa plastics project

9:28 AM MST | November 25, 2015 | Natasha Alperowicz

Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) announced on Wednesday that it has finalized all negotiations with preferred contractors for its previously announced Liwa plastics project in Oman. The selected contractors will oversee the...


Airgas cashes in

5:08 AM MST | November 23, 2015 | —Vincent Valk, Senior editor

Air Liquide’s $13.4-billion, or $143/share, acquisition of Airgas is easily among the largest chemicals M&A deals since the recession. The multiple Air Liquide paid, 13.5 times (x) Airgas’ estimated annual Ebitda, is indicative of a market...

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