IHS Chemical Week
MARKETS

Westlake closes €490-million Vinnolit acquisition

Westlake Chemical has closed the previously announced €490-million ($656.5 million) acquisition of polyvinyl chloride (PVC) manufacturer Vinnolit Holdings (Ismaning, Germany) and its subsidiary companies, from private equity firm Advent International...

Braskem-Idesa appoints new commercial director for Ethylene XXI project

Braskem-Idesa, the joint venture implementing the Ethylene XXI project in Mexico, says it has appointed Jorge Barreda Vázquez as its new commercial director effective 1 August. Barreda will be in charge of strengthening business strategy, as well as...


Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Basic Chemicals

Westlake Chemical Partners prices IPO at $24/share, begins trading on NYSE

Westlake Chemical Partners (Westlake Partners; Houston), a master limited partnership formed to manage the ethylene production assets of Westlake Chemical, has begun trading on the New York Stock Exchange (NYSE). Shares opened the first day of trading, 30 July, at $30.28....

Petrochemicals

Eastman Longview cracker down for repairs

Eastman shut down its HCC-4 hydrocracker at Longview, TX, on 28 July after discovering a leak in a process pipe. The pipe is being repaired, and Eastman expects to bring the unit back online later this week. The incident caused no injuries, and the company does not expect it to have any offsite impact....

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

Portuguese firm acquires La Seda's PET assets in Italy

 Selenis (Portalegre, Portugal) a subsidiary of Control PET (Santo Tirso, Portugal) has acquired Artenius Italia, the last remaining polyethylene terephthalate (PET)  production company of La Seda de Barcelona (El Prat de Llobregat, Spain), La Seda...

Specialty Chemicals

Sika reports 18% growth in first-half 2014 sales, net profit leaps 25.7%

Sika (Baar, Switzerland) says its sales for first-half 2014 increased to 2.66 billion Swiss francs ($2.94 billion), an increase of 18% in local currency, or 10.6% in Swiss francs. Operating profit before depreciation (Ebitda) was SF347.7 million for the first...

Fine Chemicals/Biotech

FDA issues warning letter to API producer in China

The US FDA issued a warning letter on 9 July to the active pharmaceutical ingredient (API) manufacturing facility of Zhejiang Jiuzhou Pharmaceutical and its export subsidiary, Zhejiang Zonebanner Jiuzhou Imp. & Exp. Co., which are both located at Taizhou...

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...











 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa