IHS Chemical Week

The latest chemical industry news

CEO of Total killed in plane crash at Moscow airport

7:58 AM MDT | October 21, 2014 | Natasha Alperowicz

Christophe de Margerie, 63 and CEO of energy major Total, was killed at Moscow’s Vnukovo international airport last night when a business jet collided with a snow plow during takeoff. De Margerie was the only passenger in the Falcon 50 business jet...

AkzoNobel reports higher earnings, lower sales in challenging conditions

2:02 AM MDT | October 21, 2014 | Natasha Alperowicz

AkzoNobel today reported a 32% rise in third-quarter net income to €205.0 million ($262.9 million) on 2% lower sales of €3.69 billion. Ebitda was 7% higher at €487.0 million and operating income advanced 11% to €335 million.  ...


ICL to cut investments, close plants as final Sheshinski report would impose the world's highest tax

Israeli firm to acquire Invista’s nylon plant in Brazil

AbbVie and Shire terminate $51-billion deal

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This week

Billion-Dollar Club:
Asia, Mideast makers climb ranks

For the eighth year, BASF retains the top ranking in CW’s Billion-Dollar Club, our annual ranking of chemical makers by revenue on a dollar basis. China’s Sinopec and Saudi Arabia’s Sabic have pushed the normal US leaders lower, rising respectively to the second and third spots...read more>>

Americas

Chemtura appoints Simon Medley as head of Great Lakes Solutions business

12:09 AM MDT | October 21, 2014 | Deepti Ramesh

Chemtura says that Simon Medley will assume leadership of the company’s Great Lakes Solutions business in addition to his current role as head of the industrial performance products segment, effective immediately. In his expanded role, Medley has been...

Europe

Dow Corning opens expanded health-care application center in Belgium

12:34 AM MDT | October 21, 2014 | Deepti Ramesh

Dow Corning says it has opened an expanded health-care application center in the company’s European headquarters at Seneffe, Belgium. The facility is intended to serve customers in Europe, and combines the company’s expertise in silicone materials...

news round-up

Chemical industry weekly news roundup, 17 October

CF Industries (Deerfield, IL) and Yara International (Oslo) have terminated merger discussions. “Although we identified very significant operational and structural synergies, we were ultimately unable to agree on terms of a transaction that met the requirements of all our respective shareholders,” says Tony Will, CF president and CEO...

Asia/Pacific

BASF’s ultrafiltration business secures major contract in India

3:54 AM MDT | October 21, 2014 | Deepti Ramesh

BASF says that its subsidiary, inge (Greifenberg, Germany), a supplier of ultrafiltration (UF) membranes, has secured the biggest project in the company’s history and will supply high-capacity ultrafiltration technology for a desalination plant at...

Mideast/Africa

Sipchem's third-quarter profits slide

4:30 AM MDT | October 21, 2014 | Natasha Alperowicz

Sipchem today reported a 13% decrease in third-quarter net profit to 160.6 million Saudi riyals ($42.8 million) and a 15% drop in operating profit to SR270.0 million. Sales were not disclosed. The company cites lower sales due to unplanned maintenance...

Viewpoint

Billion-Dollar Club

4:26 PM MDT | October 9, 2014

CW’s Billion-Dollar Club, compiled by Lindsay Frost, underscores how industry’s landscape continues to change....











 
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