IHS Chemical Week

The latest chemical industry news

Court sets RPM subsidiaries’ asbestos liability at $1.17 billion

10:50 AM MDT | May 21, 2013 | Vincent Valk

Specialty Products Holding Corp. (SPHC) and Bondex, RPM insulation products subsidiaries that are in Chapter 11 bankruptcy protection because of asbestos claims, could be held liable for up to $1.17 billion in asbestos claims, a Delaware court decided today...

Obituary: Haldor Topsøe passes away

8:14 AM MDT | May 21, 2013 | Natasha Alperowicz

Haldor Frederik Axel Topsøe, founder of Haldor Topsøe (Copenhagen) passed away, shortly before his 100th birthday, after a brief illness, the company and his family announced Monday. He remained actively involved in the daily...


H.B. Fuller to acquire Brazilian adhesives firm Plexbond Quimica

Chemical industry leads in shareholder return

ACC study says shale-based chemical investment to create 530,000 jobs in US

More Top of the News...

This week

Distribution: Momentum slows in a challenging market

Europe’s chemical distributors struggled to increase revenue last year... read more>

Americas

Actavis to acquire Warner Chilcott in $8.5-billion deal

2:52 AM MDT | May 21, 2013 | Francinia Protti-Alvarez

Actavis (Parsippany, NJ) and Warner Chilcott (Rockaway, NJ) have entered into a definitive agreement under which Actavis will acquire Warner Chilcott in a stock-for-stock transaction valued at approximately $8.5 billion, the companies have announced. The deal...

Europe

SNF to build acrylamide facility in Russia

1:33 AM MDT | May 21, 2013 | Deepti Ramesh

Lukoil (Moscow) says that SNF (Andrézieux, France) has agreed on a project to produce acrylamide and polyacrylamide at the production site of Lukoil’s petrochemical subsidiary, Saratovorgsintez (Saratov, Russia). SNF will implement the project in...

news round-up

Chemical industry weekly news roundup, 17 May

A Kansas federal court on Wednesday ordered Dow Chemical to pay $1.2 billion in a previously announced urethanes price-fixing case, tripling, as expected, the fine announced in February this year. Dow was one of five companies named in a 2005 class action lawsuit for alleged conspiracy to fix urethane prices...

Asia/Pacific

Bayer MaterialScience opens innovation hub at Shanghai

4:05 AM MDT | May 21, 2013 | Deepti Ramesh

Bayer says that its Bayer MaterialScience subsidiary has opened a previously announced new regional innovation hub for Asia/Pacific at Shanghai. More than 200 experts will develop ideas for the use of high-performance plastics, foams, and coatings in key...

Mideast/Africa

Ma'aden restarts ammonia and diammonium phosphate plants

2:02 AM MDT | May 19, 2013 | Natasha Alperowicz

Saudi Arabian Mining Co.’s (Ma’aden; Riyadh) subsidiary Ma’aden Phosphate Co. (MPC) has restarted its ammonia manufacturing complex at Ras Az Zawr, Saudi Arabia, the company announced today. The 1.1-million m.t./year ammonia plant was...

Viewpoint

Distribution slows

5:12 PM MDT | May 16, 2013

Our cover story this week shows how the traditional resilience of the distribution sector is being tested by the recession in Europe (p. 23)...











 
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