MARKETS

Monsanto receives regulatory approval from China for soybeans in Brazil

Monsanto announced it has received regulatory approval from China’s Ministry of Agriculture to launch its Intacta RR2 Pro soybeans in Brazil for the upcoming crop season. Along with Monstanto, multiple South American seed companies are anticipated to...

Air Products completes expansion of packaged gases capacity at 3 sites in China

Air Products has expanded three packaged gases plants in China to serve the country's high-growth metal fabrication industries, the company announced today. The $10-million expansion was completed at plants located in Kunshan, Guangzhou, and Tianjin...

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Basic Chemicals

Tight European benzene supply

European benzene supply is expected to remain tight as use of lighter feedstocks limits production of benzene coproduct, according to the latest IHS Chemical Market Advisory Service: European Aromatics report. Demand remains steady but is not expected to...

Petrochemicals

OCI Partners to raise $480 million through an IPO

OCI Partners, established in February by Orascom Construction Industries (OCI; Sittard, Netherlands) on Friday filed with the SEC to raise up to $480 million in apreviously announced initial public offering . The company expects to list its common units on...

Inorganic Chemicals

Incitec Pivot to Offtake Entire Urea Output From Perdaman Project

Incitec Pivot (Melbourne), a leading global nitrogen-based chemicals producer, has signed an agreement with Perdaman Chemicals and Fertilizers (Perth, Australia) to offtake the entire output of urea from Perdaman's previously announced Collie urea plant in...

Plastics

Kem One receives 7 letters of interest from potential buyers

Kem One (Lyon, France), the former vinyls business of Arkema, says that seven potential buyers have expressed an interest in acquiring the firm's assets currently in receivership. The company was put into receivership by the commercial court of Lyon...

Specialty Chemicals

Codexis and Chemtex begin production of cellulosic detergent alcohols

Codexis and Chemtex (Tortona, Italy), a chemical engineering and renewable technology firm, announced it has successfully started production of their newly developed cellulosic detergent alcohols. The companies began production at a 1,500-liter demonstration...

Fine Chemicals/Biotech

Avantor plant in India producing cGMP pharma chemicals

Avantor Performance Materials’ manufacturing plant at Panoli, India, is now producing pharmaceutical chemicals using contract cGMP standards, the company says. The plant makes salts and solvents for pharma production and research, Avantor says...

Industrial Gases

Linde to Acquire Sri Lankan Gases Firm

Linde says it has offered to acquire all the shares in privately-held Ceylon Oxygen (Colombo, Sri Lanka), and that the offer has been accepted by the major shareholder, Europium, in respect of 95.4% of the shares in Ceylon Oxygen. Ceylon Oxygen, which was...

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