IHS Chemical Week
PEOPLE & BUSINESS

UK chemical road tanker firm changes hands

Bulk logistics and transportation company Suttons Group (Widnes, UK) says it has acquired bulk chemical road transport company Imperial Tankers (Stockton-on-Tees, UK) from Hargreaves Services (Durham, UK). Hargreaves says that the cash transaction is valued...

Report: Braskem, Petrobras fail to agree on naphtha contract price; extend existing deal until February 2015

Petrobras and Braskem have extended the terms of their existing naphtha supply contract for six months after the companies failed to reach an agreement on the price, according to a report from Brazilian newspaper Folha de S. Paolo. The extension maintains the...


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People/Executives

BioConsortia opens new headquarters and R&D center

BioConsortia (Davis, CA), a biotech company focused on microbials for the increase of crop yields, announced it has opened its new company headquarters and research and development (R&D) laboratories at Davis. The R&D labs were designed containing...

Companies

Sipchem Misses Earnings Estimates on Lower Revenues

The Saudi International Petrochemical Co. (Sipchem) reported third quarter net profit of SR84.1 million ($22.4 million), a 54% increase on the third quarter of 2009. The result was lower than consensus estimate of SR128 million and that of Sico Research...

Emerging Companies

Velocys' commercial GTL plant in Oklahoma to go ahead

Velocys (Oxford, UK), a technology innovator for smaller scale gas-to-liquids (GTL), has made the final investment decision and will proceed with construction of a commercial GTL plant using its technology at the East Oak landfill site in Oklahoma, the...

Earnings/Finance

Sabic Reports Big Rise in Net Profit on Increased Sales and Higher Prices

Saudi Basic Industries (Sabic) reported a 46% rise in third quarter net profit to SR5.33 billion ($1.42 billion) compared with the same period in 2009. The net result was 6% higher than in the second quarter of this year. The company's gross income in the...

M&A

Borealis completes buyout of DuPont's stake in Speciality Polymers Antwerp

Borealis says it has completed the previously announced acquisition of DuPont's 67% stake in the companies' Speciality Polymers Antwerp joint venture. The deal makes Borealis 100% owner of Speciality Polymers Antwerp. Speciality Polymers Antwerp was a 67-33...

Reach

New CLH consultation for the pesticide tefluthrin

The European Chemicals Agency (ECHA; Helsinki) says it has started a 45-day public commenting period on the harmonized classification and labeling (CLH) proposal for the pesticide tefluthrin. The substance is an insecticide mainly used to protect sugar beet...











 
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