IHS Chemical Week

TOP STORIES

Senate to hold hearing on consolidation in ag industry

2:50 PM MDT | August 23, 2016 | Rebecca Coons

The Senate Judiciary Committee will hold a hearing on increasing consolidation within seeds and agchems in late September, according to a press release issued by the office of committee chairman Sen. Chuck Grassley (R., IA)....

Sasol completes Lake Charles review, confirms cost escalation to $11 billion

2:54 AM MDT | August 23, 2016 | Natasha Alperowicz

Sasol Ltd. on Tuesday announced the preliminary findings of its detailed review of the Lake Charles, Louisiana, chemical project that was initiated in March....

Showa Denko, JX Nippon Oil & Energy to buy out LyondellBasell in polypropylene JV

1:03 AM MDT | August 23, 2016 | Deepti Ramesh

Showa Denko K.K., JX Nippon Oil & Energy Corp. (Tokyo), and LyondellBasell Group have reached a final agreement under which Showa Denko and JX Nippon will purchase LyondellBasell’s stake in the companies' SunAllomer Ltd. (Tokyo) polypropyle...

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FEATURES

ChemChina: The meteoric rise of a major Chinese chemicals player

China National Chemical Corp. (ChemChina; Beijing), China’s fastest-growing chemicals firm, has embarked on a massive expansion and restructuring plan, dubbed 3+1, which will shift the company’s focus to material science, life science, and advanced manufacturing
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LATEST NEWS

Americas

ACC's CAB expands for sixth consecutive month

10:02 AM MDT | August 23, 2016 | Jing Chen

American Chemistry Council's (ACC) chemical activity barometer (CAB), an index of activity in the chemical industry, rose 0.4% in August, the sixth consecutive monthly increase, on a three-month moving average (3MMA). On a year-on-year (YOY) basis, CAB rose...

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Europe

Acquisitions in US, Brazil boost distributor IMCD's earnings and sales

5:36 AM MDT | August 23, 2016 | Ian Young

Major acquisitions in the Americas boosted the earnings and sales of specialty chemicals and food ingredients distributor IMCD NV (Rotterdam, Netherlands) during the first half of 2016. IMCD acquired MF Cachat Co. in the United States in June 2015 and...

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Same-Day Analysis

Sasol boosts cost estimate for Lake Charles project

12:59 PM MDT | August 23, 2016

Sasol Ltd. says preliminary findings of its detailed review of the Lake Charles, Louisiana, chemical project confirms that the estimated costs have increased from $11 billion from the original estimate of $8.9 billion, made in October 2014. The review...

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Asia

Kaneka reports lower sales, earnings on stronger yen and market conditions

6:08 AM MDT | August 23, 2016 | Deepti Ramesh

Kaneka Corp. (Osaka, Japan) reports a 10.7% fall in net profits for its fiscal first quarter, ended 30 June 2016, compared with year-ago period, to ¥4.6 billion ($45.9 million). First-quarter sales decreased 2.4%, to ¥136.0 billion, because of the...

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Mid East

Sipchem's carbon monoxide plant resumes production

7:02 AM MDT | August 22, 2016 | Natasha Alperowicz

Saudi International Petrochemical Co. said Monday technical issues involving its carbon monoxide plant at Al-Jubail, Saudi Arabia, have been resolved and production is back to normal....

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World Soda Ash Conference

September 19 -22 | Lisbon, Portugal

Global Plastics Summit (GPS)

September 28-30 / Chicago, IL

Methanol Conference

Sep 30 - Oct. 1 | Budapest, Hungary

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