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The latest chemical industry news

Ascend chooses UOP's C3 Oleflex for $1.2-billion Chocolate Bayou PDH project

3:50 PM MDT | May 16, 2013 | Clay Boswell

According to UOP, it will be the world’s largest on-purpose propylene facility, with a production capacity greater than 1 million m.t./year....

Ma'aden restarts ammonia and di-ammonium phosphate plants

2:05 AM MDT | May 19, 2013 | Natasha Alperowicz

Saudi Arabian Mining Co.’s (Ma’aden; Riyadh) subsidiary Ma’aden Phosphate (MPC) has restarted its ammonia manufacturing complex at Ras Az Zawr, Saudi Arabia, the company announced today. The 1.1 million m.t./year ammonia plant was taken...

Vietnam gives preliminary approval for PTT's refinery and aromatics project

Koch Nitrogen to invest $1 billion in fertilizer complex at Enid, OK

Ube announces business plan, will invest $1.37 billion over the next 3 years

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This week

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IHS Chemical Week most read stories

Ma'aden restarts ammonia and di-ammonium phosphate plants

BP gets FTC clearance to sell Carson refinery and marketing assets to Tesoro

Vietnam approves PTT's refinery and aromatics project proposal

Koch Nitrogen to invest $1 billion in fertilizer complex at Enid, OK

DOE authorizes Freeport LNG to export to non-FTA countries

Dow Chemical appeals urethanes price-fixing award

PQ to invest $120 million to boost catalyst production at Kansas City site

Oxea completes feasibility study to expand Bay City, TX, site

Mexichem cleared to acquire PolyOne's specialty PVC assets, bidding for Solvay's Indupa assets

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Univar acquires commodities distributor in Mexico

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Americas

Mexichem cleared to acquire PolyOne's specialty PVC assets, bidding for Solvay's Indupa assets

6:21 AM MDT | May 17, 2013 | Francinia Protti-Alvarez

Mexichem (Tlalneplantla, Mexico) has received clearance from FTC—and its equivalent body in Germany—for Mexichem's acquisition of the polyvinyl chloride (PVC) specialty resins business of PolyOne, the company has announced. PolyOne entered into an...

Europe

Bayer to acquire German pharmaceutical company

12:00 AM MDT | May 17, 2013 | Deepti Ramesh

Bayer says it has signed an agreement to acquire all of the shares of Steigerwald Arzneimittelwerk (Darmstadt, Germany), a privately held pharmaceutical company specializing in pharmacy-only herbal medicines. Financial details of the deal have not been...

news round-up

Chemical industry weekly news roundup, 17 May

A Kansas federal court on Wednesday ordered Dow Chemical to pay $1.2 billion in a previously announced urethanes price-fixing case, tripling, as expected, the fine announced in February this year. Dow was one of five companies named in a 2005 class action lawsuit for alleged conspiracy to fix urethane prices...

Asia/Pacific

Brenntag acquires AdBlue distributor in Australia

6:40 AM MDT | May 16, 2013 | Deepti Ramesh

Brenntag says it has signed a purchase agreement to acquire the distribution business of Blue Sky Environment (Brisbane, Australia). Blue Sky is a distributor of AdBlue with a national storage and dispensing network across Australia. AdBlue is a non-toxic and...

Mideast/Africa

Report: Kuwaiti cabinet suspends PIC officials pending K-Dow investigation

3:20 AM MDT | May 17, 2013 | Francinia Protti-Alvarez

Senior officials of Petrochemical Industries Co. (PIC; Kuwait City, Kuwait), a subsidiary of Kuwait Petroleum Corp. (Kuwait City), are to be suspended pending an inquiry into the payment of $2.2 billion to Dow Chemical following a decision in an emergency...