IHS Chemical Week
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Dow confirms plans to sell Angus, sodium borohydride, and AgroFresh...

2:44 PM MDT | October 3, 2014

Dow Chemical expects to have buyers for the Angus Chemical Company, sodium borohydride, and AgroFresh businesses by the end of the year, confirming earlier reports that it would divest those businesses. Dow says it is on track to meet its goal of divesting...


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Dow Corning to abandon Hemlock's Tennessee polysilicon assets

Dow Corning will abandon its never-operated Hemlock Semiconductor polysilicon facility in Clarksville, TN. The $1 billion-plus project was completed last year but never produced product because of oversupply in polysilicon markets and the impact of tariffs on polycrystalline silicon imported into China....

MEGlobal studies world-scale ethylene glycol project in US

MEGlobal (Dubai) has launched a front-end engineering design (FEED) study for construction of a world-scale ethylene glycol (EG) plant on the US Gulf coast. The plant is expected to onstream in 2018....

Saint-Gobain bids to buy Sika, Sika management against deal

Building materials manufacturer Saint-Gobain (Courbevoie, France) says that it plans to acquire all of the shares in Sika (Baar, Switzerland) held by the Burkard family—the current majority shareholder—for 2.75 billion Swiss francs ($2.84...

US, Europe chemical outlooks diverge widely for 2015

US chemical output is set to accelerate sharply through the end of the decade, exceeding the growth of the overall US and global economies, aided by a strong cost advantage and improving end-use markets, according to ACC’s Year-End 2014 Chemical...

US chemical output growth to hit 3.7% in 2015, ACC says

US chemical output is set accelerate sharply through the end of the decade, exceeding the growth of the overall US economy, according to ACC’s Year End 2014 Chemical Industry Situation and Outlook, published today....

DuPont to sell Neoprene elastomer business to Denka-Mitsui JV

DuPont has reached agreement to sell its Neoprene polychloroprene business to Denka Performance Elastomer, a new joint venture company owned 70% by Denki Kagaku Kogyo (Denka; Tokyo) and 30% by Mitsui & Co. Neoprene, the first commercially successful elastomer, was invented by DuPont in 1931....

Cefic cuts forecast for 2015 European chemical output to 1%

Cefic says that it expects chemical output is to continue growing in 2015, but that expectations about the pace of European and global economic growth have weakened. Chemical production in the European Union is expected to grow by 1% in 2015, compared with an...

SK Capital raises $1-billion fund (update)

Private equity firm SK Capital (New York) – a boutique investor with a major focus on chemicals – this morning completed a new, $1-billion funding round, the firm’s fourth. The fundraising process took five months, and funding commitments...

ExxonMobil Chemical president Pryor to retire in January

ExxonMobil’s board is expected to name Neil Chapman, currently senior v.p./polymers, as Pryor’s successor, effective 1 January 2015....

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