IHS Chemical Week

TOP STORIES

Linde supervisory board to discuss merger with Praxair

2:44 AM MST | December 6, 2016 | Natasha Alperowicz

As the Linde supervisory board gathers to discuss the revived Praxair merger approach at its regular meeting Wednesday, stockbroker Stranford Bernstein has reiterated it rates the chances of a merger between the two industrial gas giants at only 20%....

Solvay to sell cellulose acetate business to Blackstone

2:11 AM MST | December 7, 2016 | Natasha Alperowicz

Solvay announced today that it has reached an agreement to sell its cellulose acetate tow business, Acetow, to private equity funds managed by Blackstone....

Kansai Paint to acquire leading European coatings maker Helios Group

3:35 AM MST | December 6, 2016 | Natasha Alperowicz

Kansai Paint (Osaka), Japan's second largest coatings manufacturer, has announced that it will acquire Helios Group, one of the top 10 European paint makers, for €578 million ($622.4 million), in its first major step into the European paints mar...

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FEATURES

Engineering and construction

The changing energy and petrochemical landscape has profoundly affected the engineering and construction (E&C) industry.... read more »

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LATEST NEWS

Americas

Alberta approves C$500 million in credits for two PDH projects

2:58 PM MST | December 5, 2016 | Clay Boswell

The government of Alberta has approved two propane dehydrogenation (PDH) projects for royalty credits under the province’s Petrochemical’s Diversification Program (PDP). A C$4 billion integrated propylene-polypropylene facility proposed by Pembina Pipeline Corporation and Petrochemical Industries Company (PIC) would receive credits of up to C$300 million. A C$1.85 billion propylene plant proposed by Inter Pipeline would receive credits of up to $C200 billion. Both projects remain in the planning phase....

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Europe

Lonza to sell peptides business to PolyPeptide

4:41 AM MST | December 7, 2016 | Natasha Alperowicz

Lonza has agreed to sell its peptides business, based at Braine-l’Alleud, Belgium, to the PolyPeptide Group (Malmo, Sweden). The facility, with approximately 280 employees, is the center for peptide chemical development and manufacturing within Lonza...

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Same-Day Analysis

Linde supervisory board to discuss merger with Praxair

12:46 PM MST | December 6, 2016

As the Linde supervisory board gathers to discuss the revived Praxair merger approach at its expected meeting Wednesday, stockbroker Stanford Bernstein has reiterated it rates the chances of a merger between the two industrial gas giants at only 20%. Praxair...

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Asia

Haldia Petrochemicals declares force majeure on polymers, benzene following cracker outage

3:30 AM MST | December 7, 2016 | Sok Peng Chua

Haldia Petrochemicals Ltd. (HPL; Kolkata, India) has declared force majeure on polymers and benzene following an outage at the company's 700,000 metric tons/year naphtha cracker at Haldia, India, on 5 December, IHS Chemical understands. HPL's cracker can...

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Mid East

Petro Rabigh gradually restarts ethane cracker

3:58 AM MST | December 5, 2016 | Natasha Alperowicz

Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said Monday that following maintenance work that began on 13 November, it is gradually restarting the unit at Rabigh, Saudi Arabia. The company took the 1.6 million metric tons/year...

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