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People & Business :: Companies

Chemical Industry Weekly News Round-Up, Nov. 11

2:52 PM MST | November 11, 2011 | Vincent Valk

This Week on CW: Celanese CEO David Weidman has announced plans to retire in April of next year. Weidman will be replaced by Mark Rohr, executive chairman and former CEO of Albemarle. Rohr will step down as chairman of Albemarle on February 1. Mexico's Ethylene XXI project, which will include a 1.05 million m.t./year cracker and downstream polyethylene units, is expected to receive final approval in early 2012. Arkema's net income fell 16% year-on-year, and the company announced plans to acquire a specialty alcoxylates business from an Air Liquide subsidiary. At...

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