IHS Chemical Week

The latest chemical industry news

Chemours announces job cuts, closure of Niagra Falls plant

3:14 PM MST | November 30, 2015 | Rebecca Coons

Chemours announced today that it will cut approximately 400 positions—about 5% of the company’s global workforce—as part of an ongoing effort to streamline organization and reduce costs. The headcount reduction is expected to be completed...

Reliance readies infrastructure to import US shale gas for Indian crackers

12:48 AM MST | December 1, 2015 | Natasha Alperowicz

Reliance Industries (Mumbai) is pressing ahead with preparations to import US shale gas for three of its steam crackers in India. The company is building a 480-kilometer ethane pipeline from Dahej to Nagothane, the sites of its two gas crackers...

Dow sells dinitroaniline herbicide portfolio to Gowan

Croda acquires Dutch seed enhancement firm Incotec

Linde lowers medium-term ROCE and operating profit guidance

More Top of the News...


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>>


IMCD to acquire pharmaceutical ingredients distributor in Brazil

12:32 AM MST | December 1, 2015 | Deepti Ramesh

IMCD (Rotterdam), a distributor of specialty chemicals and food ingredients, says that it has agreed to acquire all of the outstanding shares of Selectchemie (São Paulo), a major distributor of pharmaceutical ingredients in Brazil. Selectchemie was...


Celanese confirms plans to cut acetate tow capacity in Belgium

6:47 AM MST | December 1, 2015 | Natasha Alperowicz

Celanese on Tuesday said it proposed to employee representatives at the company’s Lanaken, Belgium facility the reduction of acetate tow production capacity at the site by 50%. The company announced in April that it is considering capacity reduction at...

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.


Jurong Port, Oiltanking form storage terminal JV in Singapore for chemical and petroleum products

10:01 AM MST | December 1, 2015 | Deepti Ramesh

Port operator Jurong Port (Singapore) and Oiltanking Singapore, a subsidiary of tank storage provider Oiltanking, have signed a joint venture agreement to develop, own and operate a new liquid bulk terminal that will be located in Jurong Port, opposite Jurong...


Petro Rabigh restarts complex, HOFCC needs more attention

2:52 AM MST | December 1, 2015 | Natasha Alperowicz

Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said on Tuesday that following an extensive maintenance at its facilities at Rabigh, Saudi Arabia, which started in October, it has completed all work and is planning to restart 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...

contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa