IHS Chemical Week

Regions

North America (11289)

South America (802)

Western Europe (6579)

Eastern Europe (1283)

Middle East (1401)

Africa (340)

Southeast Asia (1175)

North Asia (1927)

China (2162)

India/Pakistan (1247)

Australia/New Zealand (300)


NORTH AMERICA

Producers, EPA agree on environmental monitoring for siloxane D4

Five members of the Silicones Environmental, Health, and Safety Center (SEHSC) of the American Chemistry Council (ACC) and the US EPA have agreed on the environmental monitoring of the siloxane D4, an intermediate in the production of silicone polymers, says ACC. The program will support EPA’s assessment of the environmental risk associated with D4, also known as octamethylcyclotetrasiloxane.

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DuPont earnings up 1% despite revenue slip on weak ag results
DuPont reports first-quarter operating earnings of $1.5 billion, up 1% year-on-year (YOY), as weaker agriculture results offset gains in other segments. Operated earnings of $1.58/share, were up 1% from the year-ago quarter. Reported results were in line with analyst estimates as reported by Thomson Reuters (New York), which had been lowered in recent weeks after DuPont said first-quarter results would be hurt due to winter storms in North America and business disruptions in Ukraine....

Sherwin-Williams beats estimates on sales increase
Sherwin-Williams (SW) has reported first-quarter net income down 0.6% year-on-year (YOY), to $115.5 million, on sales up 9.2%, to $2.37 billion. Earnings totaled $1.14/share, including a 12 cts/share loss related to the Comex acquisition. SW terminated its...

Platform acquires Chemtura's agrochemicals business for $1 billion
Platform Specialty Products (PSP; Waterbury, CT), has entered into a definitive agreement to acquire Chemtura's agrochemicals business for $1 billion. The price consists of $950 million in cash, plus 2 million shares of PSP's common stock, PSP...

Tokai Carbon completes $190-million acquisition of Cancarb from TransCanada

TransCanada (Calgary, AB) has closed the sale of Cancarb to Tokai Carbon (Tokyo) for $190 million.

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SOUTH AMERICA

Amyris resumes farnesene production in Brazil, prepares to make patchouli
Amyris (Emeryville, CA) has resumed production at its industrial fermentation plant at Brotas, Brazil, following a planned maintenance and upgrade period, the company announced today. The plant produces farnesene for a range of applications and, following the...

Mosaic acquires ADM's fertilizer distribution businesses in Brazil and Paraguay
Mosaic agreed to acquire Archer Daniels Midland's (ADM) fertilizer distribution business in Brazil and Paraguay for $350 million. The price assumes the delivery of $150 million in working capital at closing, the company says. Under the agreement terms, Mosaic...

Archroma appoints emulsions and Americas head
Archroma (Reinach, Switzerland), the former textile, paper, and emulsions business of Clariant, has appointed Miguel De Bellis to the post of president/emulsion products and Americas, based at São Paulo, effective 1 April, the company announced today...

BASF expands production of waterborne automotive coatings in Brazil
BASF says it has invested €2.5 million ($3.47 million) in its Demarchi coatings site, located in the state of São Paulo, Brazil, to expand its capacity to service Brazil’s automotive industry with waterborne automotive coatings. The goal is...

Lanxess opens high-tech plastics plant in Brazil
Lanxess's Porto Feliz site. Lanxess says it has opened its previously announced, new, high-tech plastics plant at the company’s site at Porto Feliz, Brazil. Lanxess has invested about €20 million ($28 million) in the facility, which will have...

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WESTERN EUROPE

LyondellBasell ends negotiations to sell French refinery
LyondellBasell says it has ended discussions to sell its mothballed refinery at Berre, France, to petroleum trading firm Sotragem (Monaco), and that it will make the closure of the refinery permanent. Privately owned Sotragem's proposal to buy the Berre...

German firm completes oleochemical additives expansion at Dutch site
Peter Greven (Bad Münstereifel, Germany), a producer of oleochemical additives, is starting up a production facility for metallic soaps at its Venlo, Netherlands site this month, the company announced. Peter Greven started construction of the facility in...

AkzoNobel's first-quarter net income up on lower financing costs
AkzoNobel registered €129 million ($178.3 million) in net income attributable to shareholders in the first quarter, up 45% year-on-year (YOY) mainly due to lower financing expenses. The result also reflects a positive volume and price-mix development in...

LyondellBasell increases interim dividend, plans additional buybacks
LyondellBasell has increased its first-quarter interim dividend by 17% and announced plans to continue repurchasing shares....

Syngenta's first-quarter sales up 2%, to $4.7 billion
Syngenta had $4.7 billion in sales during the first quarter, according to the company's latest trading statement, released today. The figure represents a 2% increase from the same quarter the year before. The company has not disclosed Ebitda or net income...

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EASTERN EUROPE

Sibur subsidiary completes PET expansion in eastern Russia
Polief (Blagoveshchensk, Russia), a subsidiary of Sibur (Moscow), has completed a polyethylene terephthalate (PET) expansion, increasing capacity from 140,000 m.t./year, to 210,000 m.t./year at Blagoveshchensk, eastern Russia, Sibur announced. Investment in...

EU goes ahead with tariff cuts on imports from Ukraine
The European Union's foreign affairs council has adopted the European Commision's previously announced proposal to cut or eliminate temporarily EU tariffs on imports from Ukraine. The adoption follows the European Parliament's support for the measures...

Reports: Belarus extends potash export subsidy until year-end
Belarusan authorities have extended the country's zero export duty on potash until 31 December, according to local press reports. The duty, which previously was €75–85/m.t. ($104–118),  was initially reduced to zero for 1 September...

Uralkali posts falls in 2013 earnings, sales; says performance improved after exit from potash cartel
Leading potash producer Uralkali (Berezniki, Russia) says its 2013 net profit dropped 58%, to $666 million on revenue down 20%, to $2.7 billion. Uralkali's Ebitda declined 31% in 2013, to $1.6 billion. Quarterly figures were not disclosed. Uralkali's potash...

Indorama to acquire Turkish firm Sasa Polyester Sanayi
Indorama Ventures (Bangkok) says that it will acquire a 51% stake in Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate (PET) producer in Turkey, from Hacı Ömer Sabancı Holding (Istanbul). Sasa is a publicly...

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MIDDLE EAST

Petro Rabigh swings to profit
Rabigh Refining and Petrochemical Co. (Petro Rabigh) posted a net profit of 413 million Saudi riyals in the first quarter compared with a SR658-million net loss in the corresponding period of 2013. The company also reported a first-quarter operating profit of...

Borealis expands XLPE capacity to meet cable and wire demand
Borealis will expand its crosslinked polyethylene (XLPE) production facilities at Stenungsund, Sweden, and as part of the ongoing Borouge 3 project in Abu Dhabi, the company has announced. The expansion is expected to help Borealis meet demand for polyolefin...

Indorama to acquire Turkish firm Sasa Polyester Sanayi
Indorama Ventures (Bangkok) says that it will acquire a 51% stake in Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate (PET) producer in Turkey, from Hacı Ömer Sabancı Holding (Istanbul). Sasa is a publicly...

Ma'aden's phosphate project gets loan approval
Saudi Arabian Mining Co. (Ma’aden) has announced that the Public Investment Fund has approved a $2-billion loan covering part of its previously announced phosphate project. The project is being implemented by Ma’aden’s Waad Al Shamal...

ICL acquires over 30 million Allana Potash shares
ICL Corp. (Tel Aviv) announced that it has acquired over 30 million units of Allana Potash Corp. (Toronto) at a price of 47 cts/share—bringing ICL’s total stake to 53,191,489 common shares. This results in ICL owning approximately 37% of issued...

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AFRICA

Asian Paints to acquire majority stake in Ethiopia’s Kadisco Chemical
India’s largest paints company Asian Paints (Mumbai) informed the Bombay Stock Exchange (Mumbai) that it has signed an agreement with the shareholders of Kadisco Chemical Industry (Addis Ababa), to acquire a 51% stake in Kadisco. Kadisco manufactures...

Clariant Mining Solutions expands plant in Morocco
Clariant says it will make a “significant investment” to expand its plant at Casablanca, Morocco, to increase production of polymers and chemical blends for the African and Mideast mining industry. The investment will also include opening a...

Tata Chemicals exits Gabon fertilizer project
Tata Chemicals (Mumbai) and agribusiness company Olam International (Singapore) say that Tata Chemicals will not proceed with its proposed 25.1% equity participation in the greenfield ammonia-urea manufacturing project near Port Gentil, Gabon. Olam currently...

DuPont opens regional technology center in South Africa
DuPont says that CEO Ellen Kullman has opened a newly expanded research facility at Delmas, South Africa, that will serve as the core of the company's regional technology center. The center is designed to help advance DuPont’s ongoing efforts to...

Tecnimont signs agreement for offsites and utilities for Tahrir project in Egypt
Maire Tecnimont (Rome) today announced that, through some of its subsidiaries and in association with Archirodon Group,a leading construction contractor, it has signed an agreement with Carbon Holdings (Cairo) for the supply of utilities and offsites for the...

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SOUTHEAST ASIA

Sri Lankan company to establish textile chemical plant
Sri Lanka's Board of Investment (BOI; Colombo) has signed an agreement with S&D Associates (Colombo), to establish a textile chemical plant under the name S&D Chemicals, the Sri Lankan government's official news site says. The plant is to be located...

Report: Deepak Fertilisers studies TAN capacity expansion
Deepak Fertilisers (Pune, India) is assessing the possibility of expanding its technical ammonium nitrate (TAN) capacity, according to a report from The Hindu. TAN is used as an explosive in the mining and infrastructure industries. TAN sales represented...

BASF-Petronas JV confirms aroma ingredients project in Malaysia
The board of BASF–Petronas Chemicals (BPC), a 60-40 joint venture, has approved the final investment decision and agreed to invest 1.5 billion ringgit ($462 million) to build a previously announced integrated aroma ingredients complex at Gebeng, near...

Clariant completes acquisition of India masterbatch firm
Clariant has completed the acquisition of Plastchemix (Vadodara, India), the company announced today in a filing to the Bombay Stock Exchange. Plastchemix's activities will be integrated with Clariant's masterbatches business effective 10 April, the company...

Canada's Lignol signs technology agreement with Korean firm for biodiesel plant in Australia
Lignol Energy (Vancouver) has signed a formal memorandum of understanding (MOU) with M Energy (Seoul) to establish the framework by which the two companies will work together to restart Lignol’s 140-million liter/year biodiesel plant at Darwin...

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NORTH ASIA

Sika acquires flooring and coating products manufacturing facility in South Korea
Sika (Baar, Switzerland) says it has acquired a manufacturing facility located at Gunsan, South Korea. The facility manufactures and distributes flooring and coating products based on epoxy resins, acrylic emulsions, and polyurethane and employs 28 people...

Japan and Cambodia sign low carbon-growth partnership
The Ministry of Economy, Trade and Industry (METI; Tokyo) says that Japan and Cambodia signed a deal on 11 April for a joint crediting mechanism (JCM), and, under this mechanism, Japan will implement various projects that will reduce greenhouse gas emissions...

Evonik enters into research partnership with University of Tokyo
Evonik Industries and the University of Tokyo have entered into a strategic partnership to work together closely in selected fields, Evonik says. “The strategic partnership with such an excellent university is an important step for us in...

Sumitomo buys stake in Cepsa phenol project at Shanghai
Sumitomo has agreed to acquire a minority share in Cepsa Química China (Shanghai), and the resulting company will be a 75-25 joint venture between Cepsa (Madrid) and Sumitomo, the latter announced today. The agreement will combine Sumitomo's Asian...

Sumitomo Corp. acquires Bayer fungicide product line
Sumitomo Corp. has acquired the fungicide Metominostrobin from Bayer CropScience's Japan subsidiary. Financial terms of the agreement were not disclosed. Metominostrobin is a broad-spectrum, systemic fungicide with preventative and curative activity, the...

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CHINA

Teijin’s new company in China for fiber and textile R&D becomes operational
Teijin says that its previously announced new company —Teijin Product Development China — for fiber and textile product R&D, will become operational at Nantong on 18 April. Teijin Product Development China is located on the premises of Nantong...

Chinese firm selects CB&I Catofin technology
Shandong Chengtai Chemical Industry Co. has awarded a contract for the license and engineering design of a grassroots isobutane dehydrogenation unit to CB&I, the company says The unit, to be built at Changyi, Shandong Province, China, will use...

Sumitomo buys stake in Cepsa phenol project at Shanghai
Sumitomo has agreed to acquire a minority share in Cepsa Química China (Shanghai), and the resulting company will be a 75-25 joint venture between Cepsa (Madrid) and Sumitomo, the latter announced today. The agreement will combine Sumitomo's Asian...

Bayer MaterialScience opens textile coating pilot line at Shanghai
Bayer MaterialScience says it has opened a textile coating pilot line at the company's Polymer Research & Development Center at Shanghai. The global demand for environmentally friendly synthetic leather and coated textiles is expected to grow strongly...

IHS: Rapid growth in silicones through 2018, but overcapacity threatens
China's silicone producers are adding capacity more quickly than the market can absorb, increasing the pressure to rationalize production, according to analysts at IHS Chemical....

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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....

Asian Paints to acquire majority stake in Ethiopia’s Kadisco Chemical
India’s largest paints company Asian Paints (Mumbai) informed the Bombay Stock Exchange (Mumbai) that it has signed an agreement with the shareholders of Kadisco Chemical Industry (Addis Ababa), to acquire a 51% stake in Kadisco. Kadisco manufactures...

Sri Lankan company to establish textile chemical plant
Sri Lanka's Board of Investment (BOI; Colombo) has signed an agreement with S&D Associates (Colombo), to establish a textile chemical plant under the name S&D Chemicals, the Sri Lankan government's official news site says. The plant is to be located...

Songwon to acquire specialty chemicals business of Indian pharma firm SeQuent
Pharmaceutical company SeQuent Scientific (Bangalore, India), on 15 April, informed the Bombay Stock Exchange (Mumbai) that it has signed an agreement with Songwon Industrial (Ulsan, South Korea), under which Songwon will acquire the former company's...

Report: Deepak Fertilisers studies TAN capacity expansion
Deepak Fertilisers (Pune, India) is assessing the possibility of expanding its technical ammonium nitrate (TAN) capacity, according to a report from The Hindu. TAN is used as an explosive in the mining and infrastructure industries. TAN sales represented...

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AUSTRALIA/NEW ZEALAND

Environment Protection Authority initiates legal proceedings against Orica over ammonia leak
Davey: In this instance, the incident didn’t result in any environmental harm. The Environment Protection Authority (EPA) of the state of New South Wales (NSW) in Australia announced on 8 April that it has commenced a prosecution against Orica...

Nufarm to close manufacturing plant in New Zealand
Agricultural chemical firm Nufarm (Melbourne) announced on 15 April that, following a previously announced review of its manufacturing operations in New Zealand, the company has decided to permanently close its facility at Otahuhu, near Auckland, and further...

Canada's Lignol signs technology agreement with Korean firm for biodiesel plant in Australia
Lignol Energy (Vancouver) has signed a formal memorandum of understanding (MOU) with M Energy (Seoul) to establish the framework by which the two companies will work together to restart Lignol’s 140-million liter/year biodiesel plant at Darwin...

Barentz buys majority stake in Australian distributor
Specialty ingredients distributor Barentz International (Hoofddorp, Netherlands) says it has acquired a majority stake in distributor Additive Solutions (Melbourne) and that the businesses will cooperate on the sales, marketing, and distribution of specialty...

BHP says potash could become a core business
Resources company BHP Billiton (Melbourne) says that its fledgling potash operations could become a pillar of the company's business. BHP issued a statement today in response to "recent speculation about the group's portfolio." The statement names...

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