IHS Chemical Week

Braskem, Odebrecht face $2.5 billion in corruption penalties in Brazil, US

December 2, 2016 | Ian Young

Braskem is in "advanced stage" negotiations with authorities in Brazil and the United States related to Brazil's biggest corruption investigation, known as Operation Car Wash, according to a US securities filing. Braskem says in a statement it...

Praxair resurrects merger talks with Linde

November 29, 2016 | Rebecca Coons

Combining the two companies would create the largest industrial gases player, with total annual revenue of about $30 billion before possible divestments....

Engineering and construction

November 28, 2016 | Natasha Alperowicz

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

Asia Chemical Conference 2016: Benzene balance hinges on China demand

November 11, 2016 | Sok Peng Chua

As a by-product, benzene capacities are driven by para-xylene (p-xylene), ethylene and gasoline demand, resulting in uneven supply distributions and market imbalances, says Omi Tatsuo, IHS Chemical director/aromatics at the IHS Markit Asia Chemical Conference...

Europe's chemical industry calls for cooperation with US, following election

November 9, 2016 | Michael Ravenscroft

Cefic director-general Marco Mesink. Photo: Cefic. Cefic and Germany’s chemical industry trade association VCI (Frankfurt) have reacted to the result of the elections in the United States with calls for cooperation between the European Union and...

Industry assesses policy impact of Trump victory

November 9, 2016 | Rebecca Coons

The Republican’s rhetoric throughout his campaign points to sweeping changes in trade, environmental regulations and broader US economic policies....

Middle East looks to the future

November 7, 2016 | Natasha Alperowicz

The collapse in the price of crude oil, major buildup of shale gas–based petrochemicals capacity in the United States, and continuing shortage of cost-advantaged ethane feedstock at home have forced petrochemical producers in the Gulf Cooperation Council (GCC) states—Bahrain, Kuwait, Oman, United Arab Emirates, Qatar, and Saudi Arabia—to rethink their growth plans....

Dow Chemical: Investing in Latin America

November 7, 2016 | Francinia Protti-Alvarez

Fabian Gil: The alliance with YPF is a huge opportunity for Dow and Argentina. Fabian Gil, president of Dow Latin America, speaks to CW about Dow’s plans to remain at the forefront of the region’s quest for energy diversification and development...

Remembering Deepti Ramesh

November 7, 2016 | Robert Westervelt

It is with profound sadness that we report Deepti Ramesh, our India-based Asia editor for the past 10 years, passed away unexpectedly on 30 October....

GE plans sale of water treatment business

November 7, 2016 | Robert Westervelt

General Electric (GE) is exploring options for selling its water business, a leading producer of water treatment chemicals and services, in part to help fund the combination of its oil and gas unit with Baker Hughes. GE expects a gain up to $1 billion from the sale with proceeds earmarked to cover restructuring and integration costs for the planned Baker Hughes merger....

EU suspends review of Dow-DuPont merger

November 4, 2016 | Rebecca Coons

European antitrust authorities have suspended their review of the planned Dow Chemical–DuPont merger for the second time over failure to provide requested information....

Ingevity posts loss on restructuring costs but operating results beat estimates

November 3, 2016 | Robert Westervelt

Ingevity said it would close its Palmeira, Brazil, crude tall oil (CTO) refinery by year end....

Shell-CNOOC JV receives government approvals to take over petchem project in China

November 1, 2016 | Natasha Alperowicz

Shell Nanhai and China National Offshore Oil Corp.'s 50-50 joint venture has officially assumed ownership of CNOOC's ongoing project to build a steam cracker and derivative units....

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