IHS Chemical Week

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North America (12827)

South America (966)

Western Europe (7865)

Eastern Europe (1507)

Middle East (1640)

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North Asia (2302)

China (2423)

India/Pakistan (1416)

Australia/New Zealand (347)


NORTH AMERICA

Dow to merge chlor-alkali and derivatives with Olin in deal valued at $5 billion
Dow Chemical has definitively agreed to merge most of its chlor-alkali and downstream derivatives business with Olin in a transaction that values the business at $5 billion. The terms of the agreement call for Dow to separate its US Gulf Coast chlor-alkali...

Airgas to construct ASU near steel plant in Alabama
Airgas says it is building a new air separation unit (ASU) to produce tonnage oxygen, nitrogen, and argon for a Nucor plant in Tuscaloosa, AL. The ASU will supply Nucor’s plant via pipeline. It will come onstream in spring 2017 and will also supply...

Albemarle raises elemental bromine prices
Albemarle yesterday said it is raising prices for elemental bromine and bromine derivatives by 30%. The increases will be effective immediately or as soon as contracts permit. Clear brine fluids for oil drilling applications are not included in the price...

Asahi Kasei to set up plastics compounding subsidiary in Mexico
Asahi Kasei Chemicals said today that, through its Asahi Kasei Plastics North America subsidiary, it will establish a plastics compounding subsidiary in Mexico. The company, as part of its engineering plastics growth plan, has already established compounding...

IHS WPC: Basic chemical capacity to grow 4%/year this decade
Demand for key basic chemicals has surged since the financial crisis of 2008-2009, but imbalances in supply and demand have emerged that will shape margins through the end of the decade, says Mark Eramo, v.p./global chemical insights at IHS Chemical. Ethylene and vinyls are set to benefit, but methanol could be challenged....

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SOUTH AMERICA

NPE2015: Styrolution anticipates demand for styrenic resins to remain strong
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the value chain in the short-term. In addition, the growth of the US economy...

NPE2015: Dow says 2015 PE prices will be supported by supply constraints, demand to remain healthy
Polyethylene (PE) prices are likely to remain at healthy levels as a result of sustained demand according to Dow Chemical. Converters had refrained from restocking in the first months of the year, however supply constraints across the world are supporting...

NPE2015: The untapped value of plastic waste, civil society and industry approaches
“There is a lot of value in plastic often found in landfills, a value that is not getting captured [in the right way], because the plastics are either not being sorted the right way or not being utilized. Every year, 280 million m.t. of plastic is...

Adama reports increased sales, earnings; growth rates among highest in the pesticides sector
Adama Agricultural Solutions, the leading global off-patent provider of crop protection solutions, today reported its financial results for full-year 2014 and the fourth quarter, ended 31 December 2014. Full-year revenue grew 4.7% to $3.22 billion, and Ebitda...

PPG completes expansion in Brazil
PPG today completed a $40 million, 65,000-square-foot expansion of a coatings manufacturing plant at Sumare, Sao Paulo, Brazil. The plant makes resins for electrocoat products for automotive original equipment manufacturers (OEMs) and the industrial market in...

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WESTERN EUROPE

BASF appoints new president of oil & gas and Wintershall subsidiary
BASF said today that Mario Mehren, member of the board of executive directors of Wintershall (Kassel, Germany) responsible for exploration & production/Russia, North Africa and South America, has been named president of BASF’s oil & gas division...

Haldor Topsoe and Ferrostaal form joint venture
Haldor Topsoe and construction and engineering firm Ferrostaal (Essen, Germany) today announced their establishment of Ferrostaal Topsoe Projects (Essen), an equally owned joint venture that will develop, finance, and execute major industrial projects in the...

Chemical industry workers in Germany to get 2.8% pay rise
Employers association and trade union in Germany have agreed on a salary agreement. The 550,000 employees in Germany’s chemical industry will receive a pay rise of 2.8%, following one month further under the current tariff agreement. The agreement...

Merck KGaA vice chairman to become new chairman?
Merck KGaA has declined to comment on reports that Stefan Oschmann, vice chairman of the executive board, will succeed Karl-Ludwig Kley as chairman next year. “No decision has been made” on the succession, a spokesman tells CW. Kley’s...

Gurit appoints CFO
Composite materials supplier Gurit (Zurich) said today it has appointed Angelo Quabba as CFO and a member of the company’s executive committee, effective 1 August. Quabba is currently executive v.p./finance at Bruker's (Billerica, MA) analytical and...

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EASTERN EUROPE

Grupa Azoty to invest $450 million to build PDH plant in Poland
Chemical company Grupa Azoty (Tarnów, Poland) says that it will invest 1.7 billion zlotych ($452.1 million) to build a propane dehydrogenation (PDH) plant near its existing facilities at Police, Poland. The investment is the largest in the company's...

NPE2015: Styrolution anticipates demand for styrenic resins to remain strong
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the value chain in the short-term. In addition, the growth of the US economy...

Russian petchems producer NKNK reports higher sales and earnings
Nizhnekamsknefetkhim (NKNK; Nizhnekamsk, Russia), a major producer of petrochemicals, today reported its full-year results with sales in 2014 advancing 8.7% to 137.0 billion Russian ruble ($2.4 billion). Ebitda grew 22.5% year-on-year (YOY) to R16.2 billion...

Sibur board approves 2015 capital expenditure plan
Sibur (Moscow), Russia’s leading producer of petrochemicals, said today that its board of directors on 23 March approved the company's 2015 capital expenditure budget of 64.7 billion Russian rubles ($1.15 billion). This figure compares with R71.6...

NPE2015: Dow says 2015 PE prices will be supported by supply constraints, demand to remain healthy
Polyethylene (PE) prices are likely to remain at healthy levels as a result of sustained demand according to Dow Chemical. Converters had refrained from restocking in the first months of the year, however supply constraints across the world are supporting...

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MIDDLE EAST

Saudi Kayan resumes production following maintenance and repairs
Saudi Kayan, a Sabic affiliate, says it has completed the maintenance as well as repairs to its olefins plant at Al Jubail and on 26 March has resumed operations at the complex. The company says that downstream plants, which depend on feedstock from the...

Sadara reports fire at one of the cooling towers
Sadara, a joint venture between Saudi Aramco and Dow Chemical, has announced that a fire broke out in one of the cooling towers under construction at the Sadara  project site at the Jubail Industrial City II at 9 pm on Saturday 28 March.  The fire...

GPCA appoints Adnoc's director of petrochemicals as new chairman
Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) today announced the appointment of Rashed Saud Al Shamsi as new chairman. Al Shamsi, formerly vice chairman of GPCA, succeeds Mohamed Al Mady, who was recently appointed as the chairman of the...

Safco delays starting up new urea plant
Saudi Arabian Fertilizer Co. (Safco), a Sabic subsidiary, says that completing mechanical and construction work on its urea plant at Al Jubail has been delayed. Trial runs at the 1.1-million m.t./year urea facility have been delayed by three months, to...

Sipchem to halt production of acetic acid for plant turnaround
Saudi International Petrochemical Co. (Sipchem) says it intends to stop production at its Al Jubail acetic acid plant to carry out regular maintenance. The facility will stop production on 1 April for 26 days, during which the company will work to improve...

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AFRICA

OCP reports increase in sales and profits, seeking larger market share
OCP (Casablanca), the world’s largest phosphate producer and a leading global fertilizer player, today reported results covering fourth-quarter and full-year 2014. The company's fourth-quarter sales increased 21%, to $1.2 billion, with Ebitda rising...

NPE2015: The untapped value of plastic waste, civil society and industry approaches
“There is a lot of value in plastic often found in landfills, a value that is not getting captured [in the right way], because the plastics are either not being sorted the right way or not being utilized. Every year, 280 million m.t. of plastic is...

Reports: Nigeria raises capacity of refinery, petchems project
The president of Dangote Group (Lagos), Aliko Dangote, has announced that the company will increase its Lagos-based refinery project’s throughput to 650, 000 bbl/day, according to This Day Live, an online, Nigerian newspaper. Dangote says that though...

Egypt to commission petchem complex end of this year
Egyptian Ethylene and Derivatives Co. (Ethydco) plans to commission its $1.9 billion petrochemical complex at Alexandria by the end of this year, according to Sherif Ismail, Egypt’s Minister of Petroleum. The complex will contribute greatly to...

RPM acquires South African spray paint manufacturer
RPM says that its Rust-Oleum (Vernon Hills, IL) paints and coatings business has acquired Spraymate Group (Randvaal, South Africa), the producer of South Africa's leading aerosol paint brand. Financial terms of the transaction, which is expected to be...

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SOUTHEAST ASIA

DSM opens nutrition innovation center in Singapore
DSM says that it has opened a nutrition innovation center in Singapore to develop products for the food, beverage, and dietary supplement industries. Fully integrated into a cross-functional complex, the facility brings together the company’s full range...

NPE2015: Styrolution anticipates demand for styrenic resins to remain strong
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the value chain in the short-term. In addition, the growth of the US economy...

Singapore's petrochemical output in February shrinks 4.6% YOY: EDB
Singapore’s petrochemical production in February contracted 4.6% year-on-year (YOY), but the overall chemicals cluster remained unchanged YOY, the Economic Development Board (EDB) says. Overall, Singapore’s manufacturing output shrank 3.6% in...

Asahi Glass to increase PVC production capacity in Vietnam
Asahi Glass (Tokyo) says that its subsidiary Phu My Plastics & Chemicals (PMPC) located in the Cai Mep industrial zone in Ba Ria-Vung Tau Province, Vietnam, will increase production capacity for polyvinyl chloride (PVC) from 100,000 m.t./year to 150,000...

NPE2015: Dow says 2015 PE prices will be supported by supply constraints, demand to remain healthy
Polyethylene (PE) prices are likely to remain at healthy levels as a result of sustained demand according to Dow Chemical. Converters had refrained from restocking in the first months of the year, however supply constraints across the world are supporting...

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NORTH ASIA

Shiseido to set up innovation center at Yokohama
Shiseido (Tokyo), a leading cosmetics player, said today that it will establish a new research facility at Yokohama, Japan. On 26 March, the city granted Shiseido permission to acquire land for the new center in the Yokohama Minato Mirai 21 District. The...

NPE2015: Styrolution anticipates demand for styrenic resins to remain strong
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the value chain in the short-term. In addition, the growth of the US economy...

IHS WPC 2015: China to keep importing p-xylene as production and demand grows
Although China accounts for the world's largest para-xylene (p-xylene) capacity, it will still need to import more than half of this capacity for the foreseeable future, according to Petrochina's senior engineer Li Zhenyu. Speaking at the 30th annual IHS...

Mitsubishi Chemical develops world's first biobased polycarbonate diol
Mitsubishi Chemical says that it has developed the world’s first biobased polycarbonate diol, a type of high-performance polyol, and will begin market development and sales for the product in April. Mitsubishi currently has the capacity to produce about...

BASF to phase out coil coatings containing chromate in Japan
BASF says that it plans to phase out coil coatings containing chromate in Japan and focus on an alternative technology with a better environmental profile by 1 June 2016. Coil coatings are applied to steel and aluminum sheets before further processing into a...

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CHINA

PetroChina’s chemicals business loss narrows
PetroChina’s refining and chemicals business segment recorded an operating loss of 23.6 billion renminbi ($3.79 billion) in 2014 compared with an operating loss of Rmb24.4 billion in 2013. PetroChina’s chemicals business alone had an operating...

NPE2015: Styrolution anticipates demand for styrenic resins to remain strong
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the value chain in the short-term. In addition, the growth of the US economy...

IHS WPC 2015: China to keep importing p-xylene as production and demand grows
Although China accounts for the world's largest para-xylene (p-xylene) capacity, it will still need to import more than half of this capacity for the foreseeable future, according to Petrochina's senior engineer Li Zhenyu. Speaking at the 30th annual IHS...

Momentive appoints Langjin as distributor of GE construction sealants in China
Momentive Performance Materials has appointed Langjin Silicones as the master distributor of GE construction sealants in China. Momentive is the exclusive licensee of GE sealants around the world. This master distributor relationship will enable greater...

Clariant inaugurates packaging facility in southeast China
Clariant has inaugurated a new manufacturing facility—acquired through its recent acquisition of health-care packaging company VitaPac (Dongguan, China)—at the Dongguan plant, in Guangdong Province, southeastern China. The facility will enhance...

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INDIA/PAKISTAN

Jubilant and Syngenta Sign Pyridines Supply Deal
Jubilant Organosys has signed a multimillion-dollar, long-term agreement to supply pyridines to Syngenta....

Sika acquires Australian tile adhesives firm
Sika (Baar, Switzerland) says that it has agreed to acquire Construction Technologies Australia (CTA; Crestmead), one of the leading suppliers of tile adhesives and associated mortar products in Australia. Financial details of the deal have not been...

Indian firm plans major investment program, awards melamine plant contract
Gujarat State Fertilizers & Chemicals (GSFC; Vadodara, India) is planning a major investment program at Dahej, Vadodara, and Sikka, India. The company is proceeding with the construction of a 40,000-m.t./year melamine plant at the Vadodara complex. The...

Sun Pharma completes acquisition of Ranbaxy
Sun Pharmaceutical Industries (Mumbai) says that it has completed the previously announced acquisition of Ranbaxy Laboratories (Gurgaon, India). Sun Pharma announced in April 2014 that it would acquire Ranbaxy in an all-stock transaction valued at about $3.2...

NPE2015: Dow says 2015 PE prices will be supported by supply constraints, demand to remain healthy
Polyethylene (PE) prices are likely to remain at healthy levels as a result of sustained demand according to Dow Chemical. Converters had refrained from restocking in the first months of the year, however supply constraints across the world are supporting...

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AUSTRALIA/NEW ZEALAND

Chevron to sell stake in Caltex Australia
Chevron announced today that its wholly owned global energy subsidiary has entered into an underwriting agreement for the sale of its 50% stake in Caltex Australia (CAL). The company expects to sell the stake for $3.6 billion. CAL owns an oil refinery at...

Sika acquires Australian tile adhesives firm
Sika (Baar, Switzerland) says that it has agreed to acquire Construction Technologies Australia (CTA; Crestmead), one of the leading suppliers of tile adhesives and associated mortar products in Australia. Financial details of the deal have not been...

Nufarm reports rises in profits, sales
Agricultural chemical firm Nufarm (Melbourne) today announced its financial results for its fiscal first half, ended 31 January. Nufarm reports a 23% rise in first-half net profits compared with the year ago period, to A$23.2 million ($18.2 million)...

Orica appoints interim CEO
Orica (Melbourne) today announced the appointment of Alberto Calderon as interim managing director and CEO, effective immediately. Orica’s managing director and CEO Ian Smith agreed last week to step down from his role. According to press reports in...

Orica CEO to step down
Orica (Melbourne) chairman Russell Caplan today announced that the company’s board and Ian Smith have agreed on a timetable for Smith to step down from the position Ian Smith. of managing director and CEO. “An international search is under way...

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