IHS Chemical Week

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North America (11713)

South America (849)

Western Europe (6949)

Eastern Europe (1349)

Middle East (1459)

Africa (354)

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North Asia (2006)

China (2239)

India/Pakistan (1285)

Australia/New Zealand (309)


NORTH AMERICA

Ecolab beats estimates on solid sales growth, narrows guidance
Ecolab today reported adjusted net income up 46% year-on-year (YOY), to $311.4 million, on net sales up 7%, to $3.57 billion. Adjusted income totaled $1.03/share, slightly ahead of analysts’ consensus estimate of $1.02/share, as reported by Thomson...

Codexis appoints new CFO
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, says that Gordon Sangster has agreed to join Codexis as senior v.p. and CFO. Sangster will succeed David O’Toole, who resigned on 3 July...

IHS to host Chlorine Institute safety and technical publications
IHS has entered into a partnership agreement with The Chlorine Institute (CI) that will allow IHS to provide worldwide access to CI’s safety and technical publications via IHS content platforms. The content will cover safe production, handling, and packaging; health and the environment; emergency planning and response; and properties of chemicals and analytical techniques. The materials will continue to be available directly from the CI Bookstore....

Eastman beats estimates, reaffirms 2014 outlook
Eastman Chemical reports net earnings of $292 million, 9.8% higher year-on-year (YOY). Adjusted earnings of $1.92/share were 14.2% higher YOY and beat a $1.84/share consensus of analysts’ estimates compiled by Thomson Reuters (New York). Sales were flat...

Gevo reports progress producing isobutanol and ethanol at Luverne site
Isobutanol producer Gevo, Inc (Englewood, CO) reports that it has made progress on implementing side-by-side operational mode (SBS), which produces both ethanol and isobutanol, at its  Luverne, MN fermentation unit. The Luverne site is the first to...

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SOUTH AMERICA

Biotech firm Ceres to expand sorghum, sugarcane research in Brazil under innovation grant
Over the next four years, Ceres (Thousand Oaks, CA)  will enhance its product-development programs in Brazil and expand its development activities in biotech traits for sorghum and sugarcane, the company announced today. The programs will now be funded...

Air Liquide to invest €40 million in new ASU unit in Brazil
Air Liquide will invest close to €40 million ($53.9 million) in an air separation unit (ASU) that will supply paper maker Klabin's factory at Ortigueira --as well as to another site in Telêmaco Borba, both in the state of Paraná...

Syngenta expands Plene sugarcane platform with new agreement
Syngenta today announced plans to broaden and scale up its Plene platform of integrated sugarcane solutions. Through an exclusive licensing agreement with New Energy Farms, Syngenta will access Crop Expansion Encapsulation and Drilling System (Ceeds), an...

Evonik confirms plans for precipitated silicas plant in Brazil
Evonik Industries has confirmed plans to build a previously announced plant to produce precipitated silicas at Americana, Brazil, near São Paulo. Evonik says it is investing "a mid-double-digit million-euro amount" in the facility, which is...

Celanese to expand its long-fiber-reinforced thermoplastic production in Brazil
Celanese will expand its manufacturing facilities at Suzano, Brazil, to include long-fiber-reinforced thermoplastics (LFRT) production, the company announced today. The new capacity is expected to be operational by mid-2015. Celanese already compounds...

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WESTERN EUROPE

European Commission urges Germany to act more against nitrate pollution in water
The European Commission says it is urging Germany to take stronger measures to combat water pollution caused by nitrates. The latest figures submitted by Germany in 2012 show that pollution in ground- and surface water caused by nitrates is getting worse...

BP's petchem loss widens
BP's petrochemicals business posted an underlying loss before interest and tax of $98 million in the second quarter on a replacement cost (RC) basis compared with an underlying RC loss before interest and tax of $24 million in the year-earlier period. Sales...

Merck KGaA commissions cogeneration plant at Darmstadt
Merck KGaA (Darmstadt, Germany) has commissioned a cogeneration plant that will supply energy to pharmaceutical production and research operations at its corporate headquarters. The plant was commissioned by Karl-Ludwig Kley, executive board chairman at...

Lenzing starts up large Tencel fiber plant in Austria
Lenzing announced today that it has started production at its large-scale Tencel cellulose fiber plant at Lenzing, Austria. The plant has capacity for 67,000 m.t./year of Tencel fiber and involved an investment of €150 million ($201.5 million). The plant...

Elementis's profits and revenues rise
Elementis today announced its interim six-month results, reporting a 5% rise in operating profit, to $76.8 million. Sales were up 3%, to $400 million, while operating margin, at 19%, remained the same as in the first six months of 2013. “Elementis has...

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EASTERN EUROPE

PhosAgro reports higher production on strong fertilizer demand
PhosAgro (Moscow), a leading fertilizer producer, says production and sales in the first half of this year rose 3.4% and 3.9%, respectively. Production reached 3.08 million m.t. and sales 3.08 million m.t. The production of phosphate fertilizers increased...

PKN Orlen unveils strategy, may close money-losing Lithuania refinery
PKN Orlen (Płock, Poland) today announced its strategy for 2014–2017, which reflects the present macroeconomic conditions. The company will focus on securing a strong position on large and promising growth markets, strong customer-oriented approach...

Croatia to sell stake in electrical firm to raise funds for state-backed fertilizer maker
The Croatian government is selling its 22.82% stake in electrical and transport firm Koncar Elektroindustrija (Zagreb) to help raise funds to recapitalize the country's fertilizer company, Petrokemija (Kutina, Croatia), according to Croatian press...

BASF inaugurates mobile emissions catalysts plant in Poland
BASF has inaugurated its largest European production plant for mobile emission catalysts at Środa Śląska, a special economic zone near Wrocław, Poland, the company announced today. Construction at the 40,000–sq meter manufacturing facility started...

Former Yara executive to join EuroChem management board
EuroChem (Moscow), a top-10 fertilizer company globally, has announced the appointment of Terje Bakken as head/marketing and sales. Bakken will report to EuroChem CEO Dmitry Strezhnev and join EuroChem's management board. Bakken, based at Moscow, will lead...

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MIDDLE EAST

Takween Advanced Industries to acquire Savola's plastics packaging business
The Savola Group (Jidda, Saudi Arabia) on Tuesday signed a nonbinding memorandum of understanding (MOU) and commenced exclusive discussions with Takween Advanced Industries (Al Khobar, Saudi Arabia) to sell Savola's wholly owned packaging subsidiary. The...

Saudi Arabian fertilizer industry set for growth and diversification
The Saudi fertilizer industry leads regional production and is set to usher in a period of strong growth and diversification, according to Abdulwahab Al Sadoun, secretary-general of the Gulf Petrochemicals & Chemicals Association (GPCA; Dubai)...

Sabic reports higher sales and profit, says US shale unlikely to make impact for some time
Sabic today reported second-quarter net profit increased 7%, to 6.46 billion Saudi riyals ($1.72 billion), with operating profit rising 1%, to SR10.07 billion. Sales were up 7% to SR48.15 billion. Mohamed Al Mady, CEO, addressing a news conference at Riyadh...

Muntajat signs agreement with Qatari shipping firm to export ammonia
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has signed a two-year contract with Qatar Navigation (Milaha; Doha) for the time charter of the liquefied petroleum gas carrier Almarona to transport ammonia from Qatar to...

Several Saudi firms report second-quarter earnings
Several Saudi Arabian petrochemicals producers have reported their second quarter results. Sabic affiliate Saudi Kayan losses in the quarter have narrowed. The company reported net loss of 133.1 million Saudi riyal ($35.5 million) in the second quarter...

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AFRICA

Total sells South African coal mining assets
Total announced today that it has signed an agreement with Exxaro Resources (Pretoria) to sell its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa, for $472 million. The sale is subject South African authorities'...

Nigeria progresses with large methanol project
Gulf of Guinea Methanol (Lagos) has selected IHS to carry out a bankable feasibility study for its proposed $1.1-billion methanol project planned to be built in the Ogidigben industrial gas park in Nigeria. The park is expected to house several gas-based...

Sasol, ENI to study large gas-to-liquids project in Mozambique
Sasol (Johannesburg), Mozambique’s national oil company, Empresa Nacional de Hidrocarbonetos (Maputo) and Italy’s energy group ENI (Rome) have announce plans for a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant. The...

Methanex temporarily idles plant in Egypt because of gas shortage
Methanex says that the methanol production plant of its joint venture Egyptian Methanex Methanol (EMethanex) has been idled temporarily because of constrained gas availability. Methanex operates and holds the majority share, 50%, of EMethanex. The EMethanex...

Sirius Minerals signs potash research MOU with Tanzanian Ministry of Agriculture
Sirius Minerals (London), a company developing the world’s largest and highest-grade polyhalite potash deposit in the United Kingdom, announced today that it has entered into a memorandum of understanding (MOU) with the Ministry of Agriculture, Food...

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SOUTHEAST ASIA

Wacker opens logistics facility in India
Wacker Chemie opened today a logistics facility at the company's production site at Amtala, near Kolkata, India, the company says. The high-bay warehouse has capacity for 5,000 pallet spaces and will be operated by Wacker Metroark Chemicals (WMC; Kolkata), a...

Cepsa and Golden Agri-Resources plan joint venture in palm oil derivatives
Cepsa (Madrid) and the Singapore-listed Golden Agri-Resources (GAR) plan to combine forces to market and distribute edible oils and related products, including fatty acids and alcohols. Cepsa Quimica, its parent company IPIC (Abu Dhabi), and GAR have applied...

Marubeni, ag firm to establish test farms in Philippines for Marubeni's agchem products
Agricultural conglomerate Calata (Makati, Philippines) agreed with Marubeni to establish farms in the Philippines to test the viability of Marubeni’s agricultural chemical products in the Philippine market, according to a Calata statement filed with the...

Technip confirms it's program management consultant for Malaysia's Rapid
Technip says that, as a leader of a joint venture with Fluor, it has been awarded a "substantial" program management consultancy (PMC) contract by Petronas (Kuala Lumpur) for the $16-billion Refinery and Petrochemical Integrated Development (Rapid)...

Afton Chemical breaks ground on Singapore project
Afton Chemical (Richmond, VA), part of NewMarket Corp., has held a ground breaking ceremony for a previously announced chemical additives manufacturing facility on Jurong Island, Singapore. The plant, designed and located to support the growth of the...

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NORTH ASIA

Sumitomo Seika Chemicals outlines superabsorbents investment in Korea
Sumitomo Seika Chemicals is to form a new polymers company at the end of this month to build and operate a superabsorbents production facility at Yeosu, South Korea, to meet brisk demand. Sumitomo Seika will hold 90% in the venture, which will be capitalized...

M&G forms JV with Chinese firm to build $325-million biorefinery in China
M&G Chemicals says that its wholly owned subsidiary, M&G International, has formed a joint venture with Anhui Guozhen Co. (Guozhen) to build a $325-million cellulosic biorefinery at Fuyang, China. M&G will hold a 70% stake in the company, Anhui M&G Guozhen Green Refinery Co., and Guozhen will hold the remaining 30%....

Gail and Sumitomo sign MOU on energy and petchems cooperation
Gail India and Sumitomo, one of Japan’s largest trading groups, on Friday announced the signing of a memorandum of understanding (MOU) covering cooperation in gas procurement and petrochemicals. Under the MOU, Gail and Sumitomo will pursue business...

Hitachi Chemical to raise stake in CSB Battery, reports higher revenues
Hitachi Chemical (Tokyo) says it has signed a letter of intent with Chau-Hai Chen Group (Taipei) to raise its stake in CSB Battery (Taipei), a producer of lead-acid batteries, by 26%. Hitachi Chemical, through its wholly owned subsidiary Shin-Kobe Electric...

SK Global Chemical reports huge fall in operating profits
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 77.2% fall in operating profits for the second quarter of 2014 compared with the year-ago quarter, to 51 billion South Korean won ($49.7 million)...

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CHINA

M&G forms JV with Chinese firm to build $325-million biorefinery in China
M&G Chemicals says that its wholly owned subsidiary, M&G International, has formed a joint venture with Anhui Guozhen Co. (Guozhen) to build a $325-million cellulosic biorefinery at Fuyang, China. M&G will hold a 70% stake in the company, Anhui M&G Guozhen Green Refinery Co., and Guozhen will hold the remaining 30%....

Gail and Sumitomo sign MOU on energy and petchems cooperation
Gail India and Sumitomo, one of Japan’s largest trading groups, on Friday announced the signing of a memorandum of understanding (MOU) covering cooperation in gas procurement and petrochemicals. Under the MOU, Gail and Sumitomo will pursue business...

BASF expands innovation campus at Shanghai
BASF today broke ground on the second phase of its innovation campus Asia/Pacific at its Pudong site at Shanghai. The €90-million ($120.9 million) expansion consists of an additional regional R&D building and auxiliary facilities. Completion is...

Air Liquide builds research and technology center in China
Air Liquide, on 28 July, broke ground on its new Shanghai research and technology center (SRTC), located in the industrial park of Xinzhuang, Minhang District, Shanghai. The center will become operational at the end of 2015. The new center will house 200...

FMC opens innovation center at Shanghai
FMC says it has opened its Asia Innovation Center in the Zhangjiang Hi-Tech Park in the Pudong district of Shanghai. The new facility serves as the company's hub for R&D, technical innovation, operational support, and executive management in Asia/Pacific...

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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....

Court fines Orica for pollution incidents
The Environment Protection Authority (EPA) of the state of New South Wales (NSW) in Australia announced on 28 July that Orica (Melbourne) has been convicted and penalized A$768,250 ($721,387) by the Land and Environment Court of NSW in relation to charges...

BASF declines to comment on talks with Essar on petchems JV
BASF today declined to comment on Indian press reports that it is in discussions with privately owned Essar (Mumbai) to form a $2-billion petrochemicals joint venture in India. “It is our company policy that we don't comment on market rumors or...

Ipca suspends API shipments to US
Ipca Laboratories (Mumbai), a manufacturer of formulations and active pharmaceutical ingredients (APIs), says it has decided to temporarily suspend API shipments from its manufacturing facility at Ratlam, India, to the United States in order to resolve issued...

Tata Chemicals opens innovation center at Pune
Tata Chemicals (Mumbai) says it has opened an innovation center at Pune, India. The center will be the technology and innovation hub to incubate and support the company's growth in chemistry, wellness foods, and ag solutions and will provide technology...

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AUSTRALIA/NEW ZEALAND

Court fines Orica for pollution incidents
The Environment Protection Authority (EPA) of the state of New South Wales (NSW) in Australia announced on 28 July that Orica (Melbourne) has been convicted and penalized A$768,250 ($721,387) by the Land and Environment Court of NSW in relation to charges...

Elemental Minerals appoints new managing director
Elemental Minerals (Perth, Australia), a mineral exploration company whose primary asset is the Sintoukola potash project in the Republic of the Congo, has announced that John Sanders is its new managing director. Sanders replaces Iain Macpherson, who will...

Potash West raises capital for phosphate project in Australia
Potash West (Belmont, Australia) announced today that it has completed a placement to raise A$800,000 ($752,147) before costs. The placement was made to clients of Helmsec Global Capital and other investors. Under the placement, the company will issue...

Kazakhstan Potash acquires new deposit, aims to become major potash player
Kazakhstan Potash Corp. (KPC; Melbourne), formerly known as Fortis Mining, a minerals exploration company listed on the Australian Stock Exchange, today informed the exchange that it has signed a new sale and purchase agreement covering the Satimola potash...

Quaker buys out partner in Australian JV
Quaker Chemical (Conshohocken, PA) says that it has acquired the remaining 49% interest in its Australian affiliate, Quaker Chemical Australasia (QCA; Seven Hills, Australia), from its joint venture partner Nuplex Industries (Sydney), for A$8 million (US$7.5...

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