IHS Chemical Week

The latest chemical industry news

K+S rejects takeover bid from PotashCorp

9:04 AM MDT | July 2, 2015 | Francinia Protti-Alvarez

K+S (Kassel, Germany) says that it has rejected an "unsolicited proposal" from PotashCorp to acquire all of  K+S's outstanding shares. PotashCorp's bid is at €41/share ($45.50), a price that "does not reflect the fundamental value of...

Perstorp acquires Koei Chemical’s pentaerythritol business

1:41 AM MDT | July 2, 2015 | Deepti Ramesh

Perstorp (Perstorp, Sweden) says that it has acquired the pentaerythritol (penta), dipentaerythritol and sodium formate businesses, related technology as well as certain assets from chemicals producer Koei Chemical (Tokyo). Financial details of the deal have...


Sinopec Engineering wins contracts in Thailand, China valued at about $2 billion

US June ethylene contract settles lower

Synthomer's second-quarter profit ahead in Asia but Europe and NA lag behind

More Top of the News...

This week

Electronic Chemicals:
Moore’s Law marches forward

Demand for smaller, faster, and more powerful devices continues to lift demand for electronic chemicals. Suppliers expect Moore’s Law to continue to be upheld, although new chemistries will be key enablers of increasingly complex chip architectures...read more>>

Americas

Lonza builds production line at US site to supply Alexion

3:04 AM MDT | July 2, 2015 | Deepti Ramesh

Lonza says that it has signed a new long-term product supply agreement with pharmaceutical company Alexion (Cheshire, CT). Lonza, under the agreement, will construct a new manufacturing line at its production site at Portsmouth, NH. Lonza will own and operate...

Europe

Grupa Azoty to expand fertilizer granulation at Tarnów

5:16 AM MDT | July 2, 2015 | Francinia Protti-Alvarez

Grupa Azoty (Tarnów, Poland) says that it is increasing fertilizer production capacity and optimizing fertilizer production processes at Tarnów. The company will invest 140 million złoty ($37.1 million) for the construction of a second...

news round-up

Univar floats as Axiall-Lotte cracker plans resurface, June 19

Univar priced an initial public offering of 35 million shares at $22.00 on 18 June, raising $770 million for the company and selling stockholders. Interest from investors was strong, allowing the company to increase the size of the offering by 75%, to 35 million shares, says Univar CEO Erik Fyrwald.

Asia/Pacific

GSK and Pfizer’s ViiV Healthcare unit signs manufacturing deal with API producer in China

3:40 AM MDT | July 2, 2015 | Deepti Ramesh

ViiV Healthcare (Brentford, UK) and active pharmaceutical ingredients (API) manufacturer Desano Pharmaceuticals (Shanghai, China) have signed a manufacturing agreement to enable production of dolutegravir in China. Dolutegravir is an integrase strand transfer...

Mideast/Africa

Safco again delays commissioning of urea plant

1:34 PM MDT | June 29, 2015 | Natasha Alperowicz

Saudi Arabian Fertilizer Co. (Safco), a Sabic affiliate, on Monday said that its mechanically completed, world-scale urea plant is still undergoing trial runs. As a result, the company now expects to announce when the commercial operations are slated to begin...

Viewpoint

Moore’s Law at 50

3:40 PM MDT | June 25, 2015

Our cover story this week, from Rebecca Coons, profiles the outlook for electronics chemicals on the 50th anniversary of Moore’s Law ( p. 21)....











 
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