IHS Chemical Week

The latest chemical industry news

EPCA 2015: Energy has entered 'the shale era' with big benefits for petrochemicals, says IHS vice chairman

3:04 AM MDT | October 5, 2015 | Ian Young in Berlin

The advent of shale gas and oil in North America has hugely benefitted the world economy, in terms of energy supply and costs, says IHS vice chairman Daniel Yergin. In a keynote address Monday to the European Petrochemical Association's (EPCA) 49th...

EPCA 2015: Petrochemicals to account for growing share of oil demand as energy mix widens; threat to Europe from US exports

7:01 AM MDT | October 5, 2015 | Ian Young in Berlin

The petrochemical industry will account for an increasing share of oil demand over the next 15 years, as the overall energy mix widens to include alternatives to oil such as renewables and a growing share of gas, says Philippe Sauquet, president/refining and...

EPCA 2015: Production at Total's Carling cracker ends Monday, decision next year on Qatar debottlenecking

Sadara undertakes $802-million debt-for-equity swap

PotashCorp withdraws proposal to acquire K+S

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Chemical giant begins a new chapter

Ineos, in its 17 years of existence, has risen to become one of the world’s largest chemical companies. Sales in 2014 were $54 billion, and, together with joint ventures, the company has about 20,000 employees. Ineos was founded and is majority-owned by entrepreneur Jim Ratcliffe...read more>>

IHS Chemical Week most read stories


PPG completes acquisition of remaining stake in Chemfil Canada

9:48 PM MDT | October 4, 2015 | Deepti Ramesh

PPG Industries says that it has completed its previously announced acquisition of the remaining interest in Chemfil Canada (Windsor, ON), a joint venture of PPG and Madinal Enterprises. Chemfil Canada produces pretreatment products and general industrial...


BASF expands production capacities of biological solutions for agriculture and horticulture

9:35 PM MDT | October 4, 2015 | Deepti Ramesh

BASF says it has opened its expanded site at Littlehampton, UK, which will meet the growing global demand for biological solutions for agriculture and horticulture. The expansion will allow BASF to double production capacities for beneficial nematodes, which...

news round-up

Air Products to spin off materials technologies

Air Products plans to spin off its electronics and performance materials segment to shareholders via a tax-free spin-off. The materials technologies segment, which accounts for roughly 20% of Air Products revenue, had 2014 sales of $2.1 billion and adjusted Ebitda of $521 million.


India to reduce emission intensity

2:41 AM MDT | October 5, 2015 | Deepti Ramesh

The Ministry of Environment, Forest and Climate Change (MoEFCC; New Delhi) announced on 2 October that India will reduce its carbon emission intensity of its GDP by 33–35% by 2030 compared with 2005 levels. India will also create a carbon sink of...


Petro Rabigh invites bids for polyether polyols complex, begins lengthy turnaround

1:29 AM MDT | October 5, 2015 | Natasha Alperowicz

Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, on Monday is launching a tender for the engineering, material supply, and construction work for three new facilities, which will form part of Petro Rabigh II at Rabigh, Saudi Arabia...


Spin it off

8:35 AM MDT | September 28, 2015 | —Robert Westervelt

Air Products and Ashland join the chorus of companies who gone down the tax-free spin-off divestment route ( p. 9). This is obviously not a unique or new option. Eastman Chemical is and Solutia and Arch Chemical were the products of tax-free spins to shareholders....

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