IHS Chemical Week

The latest chemical industry news

DuPont files for performance chemicals spinoff Chemours

3:16 PM MST | December 18, 2014 | Vincent Valk

DuPont today filed with the US Securities and Exchange Commission (SEC; Washington) to launch a spinoff of its mostly-commodity performance chemicals business, over a year after the company announced the planned spin-off. The company will be called The...

Dow Corning to abandon Hemlock's Tennessee polysilicon assets

8:53 PM MST | December 17, 2014 | Robert Westervelt

Dow Corning will abandon its never-operated Hemlock Semiconductor polysilicon facility in Clarksville, TN. The $1 billion-plus project was completed last year but never produced product because of oversupply in polysilicon markets and the impact of tariffs on polycrystalline silicon imported into China....


LyondellBasell names Patel as next CEO

BASF quits Ellba Eastern POSM joint venture with Shell

Uralkali reports strong results, expects record potash deliveries this year

More Top of the News...


Chemical Week 100 anniversary timelineLaunch timeline

This week

Institutional investors:
Managers still see the upside

While markets did not appreciate at the breakneck pace of 2013 and activists are increasingly making their voices heard, chemical stocks are still highly valued in public markets. The values of big institutional investors’ chemicals holdings mostly increased, and these investors still see the industry as a sound investment....read more>>

Americas

Eastman to expand ester alcohol capacity in Texas

12:02 AM MST | December 18, 2014 | Deepti Ramesh

Eastman Chemical says that it will increase Texanol ester alcohol manufacturing capacity at its Longview, TX site. The plant expansion is expected to be complete in the second half of 2016 and will increase capacity by more than 20%. In addition to its...

Europe

SCG Chemicals acquires plastics institute in Norway

6:06 AM MST | December 18, 2014 | Deepti Ramesh

SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok) has acquired a 51% stake in plastics institute Norner (Stathelle, Norway) from the current Norwegian owners. SCG Chemicals has entered into an agreement with the current owners —...

news round-up

Chemical industry weekly news roundup, 12 December

US chemical output is set accelerate sharply through the end of the decade, exceeding the growth of the overall US economy, according to ACC’s Year End 2014 Chemical Industry Situation and Outlook, published this week. ACC forecasts a 3.7% US chemical output gain in 2015, up from 2% in 2014, and an even stronger gain of 3.9% for 2016. The forecast puts the US chemical industry on track to break the $1 trillion sales barrier by 2019...

Asia/Pacific

Teijin to open second production line for separators for lithium ion secondary batteries

2:00 AM MST | December 18, 2014 | Deepti Ramesh

Teijin says that it will open a second production line in South Korea for Lielsort, an innovative separator for lithium ion secondary batteries (LIBs). Operations will begin on 24 December. Lielsort is used widely in smartphones and tablets. The new...

Mideast/Africa

Nama Chemicals to restart chlor-alkali plant in January

5:00 AM MST | December 17, 2014 | Natasha Alperowicz

Nama Chemicals (Al Jubail) says that it plans to restart its chlor-alkali production facility at Al Jubail on 5 January 2015. The plant has been down since a fire in the caustic soda unit on 16 November. Nama estimates the total financial impact of the...

Viewpoint

Wait ‘til next year?

3:47 PM MST | December 11, 2014

Next year should finally mark when US chemical output shakes off a slow and volatile global economic environment and settles on a growth trajectory higher than US and global GDPs through the end of the decade (p. 7)....











 
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