IHS Chemical Week

The latest chemical industry news

VCI says Germany's chemical output declined sequentially in the second quarter, cuts forecast

7:45 AM MDT | September 2, 2014 | Francinia Protti-Alvarez

Germany's chemical output during the second quarter was up 0.3% year-on-year (YOY) but output contracted by 2.3% compared with the first quarter, says the country's chemical industry association VCI (Frankfurt). The sequential decline was strongest in the...

Evonik highlights €2-billion investment across German sites

5:57 AM MDT | September 2, 2014 | Francinia Protti-Alvarez

Evonik Industries says that about €2 billion ($2.6 billion) of the company's 2012-16 investment program is being spent in Germany. Investments include new capacities for C4-based products at Marl; an expansion of specialty silicon production at Essen...


Brenntag acquires specialty chemicals distribution business in India

Haldor Topsoe awarded contract for fertilizer plant in Turkmenistan

Borealis completes buyout of DuPont's stake in Speciality Polymers Antwerp

More Top of the News...

This week

China still roars:
Double-digit chemical industry growth spurs more investments


China continues to drive growth in the worldwide chemical industry despite the country’s slower economy and the resurgence of the United States as a destination for petrochemical investments based on the shale gas revolution...read more>>

Americas

Albemarle completes sale of antioxidant business to SI Group

6:31 AM MDT | September 2, 2014 | Francinia Protti-Alvarez

Albemarle has completed the previously announced sale of its antioxidant, ibuprofen, and propofol businesses and related assets to SI Group (Schenectady, NY), Albemarle said today. Financial terms of the transaction were not disclosed. The transaction...

Europe

ECHA consults on recommendation that 22 substances be added to Reach authorization list

7:24 AM MDT | September 2, 2014 | Ian Young

The European Chemicals Agency (ECHA; Helsinki) says it has launched a public consultation on its earlier recommendation that 22 substances be added to the list of substances subject to authorization under the European Union's Regulation, Evaluation...

news round-up

Chemical industry weekly news roundup, 29 August

Albemarle’s $6.2-billion acquisition of Rockwood Holdings was the result of an off-and-on 24-month courtship, according to a joint registration statement filed on Thursday by Albemarle and Rockwood. Discussions accelerated quickly in May and June as Rockwood M&A adviser Lazard pressed for bids and former Rockwood chairman and CEO Seifi Ghasemi prepared to retire from Rockwood...

Asia/Pacific

A. Schulman acquires Australian plastic compounds manufacturer

6:56 AM MDT | September 2, 2014 | Deepti Ramesh

A. Schulman says that it has acquired Compco, located near Melbourne, for $6.7 million in cash. Compco is a manufacturer of a variety of plastic compounds and products including masterbatches and custom performance colors. Key markets include packaging, wire...

Mideast/Africa

Albemarle and ICL to form polymeric flame retardants JV

4:16 AM MDT | August 29, 2014 | Deepti Ramesh

Albemarle and Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that they have entered into an agreement to establish a manufacturing joint venture to produce ICL's FR-122P polymeric flame retardant and Albemarle's GreenCrest polymeric flame retardant...

Viewpoint

China continues growing

4:39 PM MDT | August 28, 2014

China continues to drive demand growth in the worldwide chemical industry despite moderating GDP (p. 21). China’s chemical demand is still growing at a double-digit rate, pushing chemical companies inside and outside China to strive to capture that growth with more investments in the country....











 
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