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North America (4741) South America (233) Western Europe (2640) Eastern Europe (386) Middle East (540) Africa (111) Southeast Asia (381) North Asia (568) China (762) India/Pakistan (509) Australia/New Zealand (57)
NORTH AMERICA Dr. Reddy’s Commissions Pharma-Grade Alcohols Facility in Mexico Pharmaceutical company Dr. Reddy’s Laboratories (Hyderabad, India) says it has successfully commissioned its commercial scale manufacturing facility for pharma grade mPEG alcohols at Cuernavaca, Mexico. mPEG alcohols are the key raw materials for... Chlorine Institute Questions New Railroad Rule The Chlorine Institute (Arlington, VA) asked the Federal Railroad Administration (FRA) to reconsider the Positive Train Control (PTC) rule, a new regulation that requires railroads to implement technology capable of making rail movements safer. The PTC rule... U.S.-Brazil Trade Rift Threatens Patents on Agchem, Biotech Products Brazilian trade officials say they are considering suspending patent and intellectual property rights on goods including agricultural chemicals, biotechnology products, and pharmaceuticals. The announcement stems from a long running dispute between Brazil and... Judge Rules Growers Can Plant Monsanto Sugar Beet A U.S. appeals court judge has ruled that growers may plant Monsanto’s genetically modified (GM) sugar beets during this year’s season, rejecting a request by environmentalists who had asked the court to prohibit planting because of a prior ruling... NGO Presses for Adoption of Cumulative Risk Assessment ChemTrust (London), a non-government organization, is pressing regulators to adopt measures that recognize the synergistic adverse effects of synthetic chemicals on human health and the environment. “Current research suggests that cumulative risk... More Stories » SOUTH AMERICA U.S.-Brazil Trade Rift Threatens Patents on Agchem, Biotech Products Brazilian trade officials say they are considering suspending patent and intellectual property rights on goods including agricultural chemicals, biotechnology products, and pharmaceuticals. The announcement stems from a long running dispute between Brazil and... Yara International Will Not Raise Offer for Terra Industries Yara International said today that it will not raise its offer for Terra Industries to match or exceed a bid form CF Industries Holdings. Yara agreed last month to buy Terra for $4.1 billion in a deal, which would create a global fertilizer giant and... Braskem’s Loss Narrows, Sales Rise Braskem reported a fourth-quarter net loss of R$893 million ($496.7 million), compared with a net loss of R$2.1 billion in the same period of 2008. The relative improvement was driven by better operating performance and the depreciation in the dollar against... Dow Chemical: Ready to Grow
CEO Andrew Liveris says the company is back on solid ground after a tumultuous 2009, and now has the portfolio needed to accelerate growth in revenues and profit. ...Chilean Sites Not Damaged by Earthquake Lithium and specialty plant nutrition sites north of quake epicenter were not affected, the companies say.... More Stories » WESTERN EUROPE Linde's Gases Division Reports a Fall in Full-Year Results Linde reported 2009 net income down 16%, to €653 million, on sales down 12%, to €11.2 billion. The gases division's operating profit slipped 2%, to €2.4 billion, on sales down 6%, to €8.9 billion. Sales and profits from the Western... Lanxess Returns to Profit in the Fourth Quarter The company also expects significant earnings improvement in 2010.... Ineos Plans to Refinance Debt Ineos says its plans to issue senior secured notes and term loans to prepay a significant proportion of its senior term loan debt. The notes and term loans have maturity of at least five years, and are expected to total about €1 billion ($1.37... NGO Presses for Adoption of Cumulative Risk Assessment ChemTrust (London), a non-government organization, is pressing regulators to adopt measures that recognize the synergistic adverse effects of synthetic chemicals on human health and the environment. “Current research suggests that cumulative risk... DSM on Track to Commercialize Production of Resins, Adhesives and Coatings from CO2 DSM says it expects to be in a position to announce plans for the commercialization of specific products derived from CO2 feedstocks in the next 12-24 months. “We have sufficient perspective now to say we will continue down this road,” the company... More Stories » EASTERN EUROPE Reliance Industries Ups Bid for LyondellBasell Reliance Industries has increased its bid by $1 billion to $14.5 billion for a controlling stake in LyondellBasell, local sources familiar with the situation say. Reliance declined to comment. The offer would give Reliance a minority stake in LyondellBasell... Flint Group Acquires Swedish Printing Ink Firm Flint Group's acquisition of Torda expands its presence in packaging markets in Northern Europe, Eastern Europe, and the Mideast.... Air Products Signs $500-Million TDA Supply Deal Air Products says it has signed a $500-million agreement to supply meta-toluenediamine (TDA) to Zachem, a subsidiary of Ciech Chemical Group (Warsaw). The... Germany's PCC Holds Exclusive Talks to Buy Polish Firms PCC was selected from a shortlist of six bidders.... Sibur Sells MTBE Unit to Roel Corp. Sibur (Moscow) says it has agreed to sell its Kauchuk JSC (Volzhskii, Russia) unit to Roel Corp. (Moscow). The deal forms part of Sibur's exit from non-core businesses, the company says. Kauchuk mainly makes... More Stories » MIDDLE EAST Foster Wheeler Awarded Wax Expansion Contract in South Africa Foster Wheeler has been awarded an engineering, procurement and construction management contract by Sasol for its previously announced Fischer-Tropsch wax expansion project at Sasolburg, South Africa. The project will be managed from... OCP and Jacobs Form Engineering Joint Venture Office Cherifien des Phosphates (OCP; Casablanca), the global leader in phosphate rock and derivatives market, and Jacobs Engineering have formed an equally owned joint venture, Jacobs Engineering SA (JESA). JESA will provide engineering, project management... Ineos in Preliminary Partnership Discussions with Mideast Investors Ineos is in preliminary discussions about the possibility of bringing in joint venture partners for, or selling, some of the company's assets, U.K. press reports say. The reports, quoting Tom Crotty, CEO at Ineos Olefins, say the company is in discussions... Ras Laffan Olefins Set to Start This Month Operations at the Ras Laffan Olefins Co. (RLOC) ethylene unit in Ras Laffan, Qatar are expected to start this month, according to Chevron, parent of one of the joint venture partners in the project.... Dow Plans Polyol Blends Plant in Saudi Arabia Dow Formulated Systems, a business unit of Dow Chemical that makes polyurethane and epoxy systems, says it plans to build and operate a plant at Jeddah, Saudi Arabia under a... More Stories » AFRICA OCP and Jacobs Form Engineering Joint Venture Office Cherifien des Phosphates (OCP; Casablanca), the global leader in phosphate rock and derivatives market, and Jacobs Engineering have formed an equally owned joint venture, Jacobs Engineering SA (JESA). JESA will provide engineering, project management... Foster Wheeler Awarded Wax Expansion Contract in South Africa Foster Wheeler has been awarded an engineering, procurement and construction management contract by Sasol for its previously announced Fischer-Tropsch wax expansion project at Sasolburg, South Africa. The project will be managed from... Linde Expands Specialty Gases Facility in South Africa Linde says its Linde Gases division has expanded and upgraded its specialty gases production plant at Johannesburg, South Africa. The €1.12-million investment involved a complete re-engineering of the existing site, to better support the growing demands... Arch Expands Logistics Agreement Arch Chemicals has expanded to the scope of its service agreement with Odyssey Logistics & Technology Corporation (OL&T; Danbury, CT) to include Arch's operations in Europe, the... Egyptian Firm Picks Univation's PE Process for Three Production Lines The plants will form part of a major chemical complex.... More Stories » SOUTHEAST ASIA Emery Oleochemicals Seeks Expansion Building on ‘Unique’ Strengths Following Change of Ownership Emery Oleochemicals (Selangor, Malaysia), the world’s leading producer of oleochemicals from natural oils and fats, has faced tough economic conditions since its creation, but it... One Dead Following Fire at Bayer Plant in India Bayer CropScience informed the Bombay Stock Exchange (Mumbai) in a statement today that a fire occurred at the company’s production facility at Ankleshwar, India on March... H.B. Fuller to Acquire Adhesives Manufacturer in Malaysia H.B. Fuller says it has entered into a stock purchase agreement, under which it will acquire all of the shares of adhesives manufacturer Revertex Finewaters (Klang, Malaysia), a joint venture of Yule Catto (Harlow, U.K.) and Johor Corporation (Johor Bahru... Petron Buys Stake in Petchem Firm Oil refiner Petron (Manila), in a statement to the Philippine Stock Exchange (Pasig city, Philippines), says it has entered into an agreement with Vantage Stride... Linde Opens Helium Plant in Australia Linde says its Linde Gases division has opened its previously announced helium production plant at Darwin, Australia. The plant... More Stories » NORTH ASIA L&T Wins Contract for Aromatics Project in India Larsen & Toubro (L&T; Mumbai) says it has secured a contract valued at Rs.20350 million ($447 million) from ONGC Mangalore Petrochemicals Ltd (OMPL; Mangalore, India) for its previously announced aromatics complex to be built in the Mangalore special... Japanese Firms Launch New Business Plans Three leading Japanese chemical companies have announced strategies for growth over the next few years. The plans include a sharper focus on certain business areas, reorganizations of existing businesses, and the launch of new business entities. Sumitomo... Sika Acquires Construction Sealant Business of Henkel Japan Sika (Baar, Switzerland) says its Sika Japan (Hiratsuka, Japan) subsidiary has acquired the construction sealant business of Henkel Japan (Tokyo). The acquired... Mitsubishi Chemical Upgrades Earnings and Sales Forecasts Mitsubishi Chemical has upgraded its sales and earnings projections for the fiscal year ended March 31, 2010. Mitsubishi Chemical expects to record a net profit of ¥11 billion ($122 million) having previously forecast that it would break even, and post... Air Liquide Builds Air Separation Plant at Yichun, China Air Liquide says it will invest approximately €40 million ($54.4 million) in a 1,200-m.t./day air separation plant at Yichun, Heilongjiang Province... More Stories » CHINA Linde Signs Gas Supply Contracts with Solar Manufacturers in China Linde and its Linde LienHwa (LLH) subsidiary in China say they have signed several long-term gas supply contracts with leading solar manufacturers in China. The multi-million dollar contracts will involve Linde supplying to the full solar manufacturing value... China to Build Biologics Contract Manufacturing Facility Biotech company AutekBio (Santa Clara, CA), which has a subsidiary in Beijing, with support from the Chinese government, will build a contract manufacturing facility for biologics at... L&T Wins Contract for Aromatics Project in India Larsen & Toubro (L&T; Mumbai) says it has secured a contract valued at Rs.20350 million ($447 million) from ONGC Mangalore Petrochemicals Ltd (OMPL; Mangalore, India) for its previously announced aromatics complex to be built in the Mangalore special... Air Liquide Builds Air Separation Plant at Yichun, China Air Liquide says it will invest approximately €40 million ($54.4 million) in a 1,200-m.t./day air separation plant at Yichun, Heilongjiang Province... Petron Buys Stake in Petchem Firm Oil refiner Petron (Manila), in a statement to the Philippine Stock Exchange (Pasig city, Philippines), says it has entered into an agreement with Vantage Stride... More Stories » INDIA/PAKISTAN Jubilant and Syngenta Sign Pyridines Supply Deal Jubilant Organosys has signed a multimillion-dollar, long-term agreement to supply pyridines to Syngenta.... Reliance to Form Marcellus Shale JV? Reliance Industries may be looking to form a joint venture with Atlas Energy (Moon Township, PA) to develop the company’s Marcellus Shale gas operations, according to media reports. The move comes in the wake of Reliance’s failed attempts... Lanxess Starts up Rubber Chemicals Plant at New Site in India Lanxess says it has completed the first phase of construction of a previously announced manufacturing site at Jhagadia, India, where it has started production of rubber chemicals. The company is developing the Jhagadia site for the manufacture of ion exchange... BDP Establishes JV in India Logistics firm BDP International (Philadelphia) says it has established a joint venture in India. The jv, BDP Global Logistics India (Mumbai), is a partnership between BDP and Unique Global Logistics (Mumbai) with BDP the... Linde to Build Air Separation Plant in Pakistan Linde says that BOC Pakistan (Karachi, Pakistan), which is part of the Linde group, will invest about €17 million ($24 million) to build a new air separation plant and related supply chain equipment at Lahore, Pakistan. The new air separation plant will... More Stories » AUSTRALIA/NEW ZEALAND Deepak Fertilisers, Australian Firm Study Chemical Complex in Australia Deepak Fertilisers and Petrochemicals (Pune, India), in a statement to the Bombay Stock Exchange (Mumbai), says it has entered into non-binding commercial negotiations with mining services company Australian Explosive Technologies Group (AET; Parkside, Australia) for... Linde Opens Helium Plant in Australia Linde says its Linde Gases division has opened its previously announced helium production plant at Darwin, Australia. The plant... Sumitomo Board Approves Investment in Nufarm Agchem firm Nufarm (Melbourne) says that the board of directors of Sumitomo Chemical has approved the previously announced proposed investment in Nufarm by Sumitomo. Nufarm signed a memorandum of understanding with Sumitomo last month, according to which... Air Products to Supply LNG Technology to Chevron Australia JV Chevron Australia, a subsidiary of Chevron, says it will use Air Products’ liquefied natural gas (LNG) process technology and equipment for three process trains at its joint venture, called the Gorgon Project, at Barrow Island, Australia, to produce up... Nufarm Ends Talks with Sinochem; Sumitomo to Acquire 20% Stake in Nufarm Agchem firm Nufarm (Melbourne) says it has terminated discussions with Sinochem (Beijing) for the previously announced proposed acquisition of Nufarm by Sinochem. Nufarm and Sinochem signed a heads of agreement in September 2009 for a nonbinding proposal... More Stories »
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