MARKETS

Mitsui Temporarily Shuts Ethylene Plant

Mitsui Chemicals says it has temporarily suspended operations at its 553,000-m.t./year ethylene plant at Ichihara, Japan, to conduct repairs and maintenance. Operations at the ethylene plant were first...

Dow Declares Force Majeure on Phenol in the Americas

Dow Chemical has declared force majeure on phenol in the Americas due to “circumstances beyond its reasonable control.” The company’s Oyster Creek, TX phenol facility, which...


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Basic Chemicals

Yara International Will Not Raise Offer for Terra Industries

Yara International said today that it will not raise its offer for Terra Industries to match or exceed a bid form CF Industries Holdings.  Yara agreed last month to buy Terra for $4.1 billion in a deal, which would create a global fertilizer giant and...

Petrochemicals

Ras Laffan Olefins Set to Start This Month

Operations at the Ras Laffan Olefins Co. (RLOC) ethylene unit in Ras Laffan, Qatar are expected to start this month, according to Chevron, parent of one of the joint venture partners in the project....

Inorganic Chemicals

Dow Corning Acquires Silicon Assets

Dow Corning says it has acquired the Brazilian operations of Globe Specialty Metals (GSM; New York), including two chemical-grade silicon manufacturing assets, for $175 million, and also acquired a 49% interest in GSM's silicon metal manufacturing operation at Alloy, WV for an undisclosed sum....

Plastics

Researchers Find Greener Way to Process PET Fibers

Researchers at the University of Torino in Italy found that treating polyethylene terephthalate (PET) fibers with a low-temperature, partially ionized gas increased the fibers' affinity for water....

Specialty Chemicals

H.B. Fuller to Acquire Adhesives Manufacturer in Malaysia

H.B. Fuller says it has entered into a stock purchase agreement, under which it will acquire all of the shares of adhesives manufacturer Revertex Finewaters (Klang, Malaysia), a joint venture of Yule Catto (Harlow, U.K.) and Johor Corporation (Johor Bahru...

Fine Chemicals/Biotech

DOJ Begins Antitrust Inquiry into Seeds

The meeting at Ankeny, IA the first time U.S. regulators have scrutinized competition and regulation in the seed market, and come amid competitors' and farmers' accusations of antitrust behavior by seed industry's market leader Monsanto....

Industrial Gases

Praxair Issues $400 Million in Debt at 1.75% (Updated)

Praxair has issued $400 million in new debt securities due in 2012, the company announced today. The debt carries an interest rate of 1.75%. The current debt issue is expected to close on November 16. Praxair's long-term debt is rated A2 by Moody's, and A by...

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