IHS Chemical Week

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India/Pakistan (1312)

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NORTH AMERICA

Air Products' realignment sharpens focus on gases
Air Products will reorganize into seven segments and sharpen focus on its core industrial gas operations under a plan announced today by new chairman and CEO Seifi Ghasemi....

Dow's Enlist trait gains USDA approval
Department of Agriculture (USDA) has approved Dow Chemical’s agricultural chemicals segment's Enlist corn and soybean traits in the United States after "one of the most thorough reviews of a biotech trait in history," Dow says. The Enlist...

Eastman completes plasticizers capacity expansion
Eastman Chemical today said it has completed its expansion of non-phthalate plasticizers capacity at its Texas City, TX, manufacturing plant. The expansion will increase production capacity of Eastman’s non-phthalate plasticizer line by 15%, to over...

ZeoGas hires Foster Wheeler to plan Gulf Coast gas-to-gasoline project

ZeoGas (Houston) has hired Foster Wheeler to help plan a gas-to-gasoline plant that will be built on the US Gulf Coast. The new plant will employ Air Liquide’s 5,000-m.t./day MegaMethanol technology to convert natural gas to synthesis gas and then to methanol, which will be converted to gasoline using ExxonMobil’s methanol-to-gasoline technology.

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Dow names new sustainability and information officers
Dow Chemical announced today that it has named Neil Hawkins corporate v.p. and chief sustainability officer, effective 1 October, and Paula Tolliver corporate v.p./business services and CIO. Hawkins will have global responsibility for the company’s...

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SOUTH AMERICA

Methanex restarts plant in Chile
Methanex says it has restarted its Chile I methanol plant at its site at Punta Arenas. The Chile operation had been idled since May because of insufficient natural gas supply. “We are pleased to have restarted our Chile I plant, supported by gas...

Merck Serono confirms pharma alliance with Lupin targeting emerging markets
Merck Serono, the biopharmaceutical division of Merck KGaA, today confirmed that it is establishing a long-term strategic partnership with Lupin (Mumbai). Lupin will support Merck Serono implement the company’s initiative to expand its general medicines...

Momentive completes Brazil epoxy resins plant
Momentive Specialty Chemicals (Columbus, OH) has completed construction of a production facility at Itatiba, Brazil, that will produce epoxy resins and curing agents for large-diameter wind turbine blades, the company announced on 8 September....

Chile's financial regulator fines SQM CEO and 7 others a combined $163 million for illegal share trading
Chile's financial regulator SVS (Santiago) has levied a combined $163-million fine on eight individuals and the country's largest brokerage firm, Larrain Vial (Santiago), for their involvement in the illegal trading of Sociedad Química Minera de Chile...

Report: Braskem, Petrobras fail to agree on naphtha contract price; extend existing deal until February 2015
Petrobras and Braskem have extended the terms of their existing naphtha supply contract for six months after the companies failed to reach an agreement on the price, according to a report from Brazilian newspaper Folha de S. Paolo. The extension maintains the...

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WESTERN EUROPE

Bayer to float Bayer MaterialScience on the stock exchange as an independent company
Bayer today announced plans to separate Bayer MaterialScience (BMS), its polyurethanes and polycarbonates unit, and float it on the stock exchange as an independent company within the next 12-18 months. The move was decided by the Bayer managing board on 2...

Arkema offers to acquire Total’s adhesives subsidiary Bostik for €1.74 billion
Total says it has received an offer from Arkema to acquire Total’s wholly owned adhesives subsidiary, Bostik (Paris). Arkema’s offer values Bostik at €1.74 billion ($2.24 billion), representing 11 times the company’s Ebitda. Bostik is...

Merck KGaA appoints deputy CEO and head/pharma
Belén Garijo, currently CEO of Merck Serono, will take on responsibility for the whole pharma business. Merck KGaA (Darmstadt, Germany) says that its board of partners has promoted Stefan Oschmann to deputy CEO and vice chairman of the executive board...

Borealis appoints new CFO
Mark Tonkens. Borealis (Vienna) says it has appointed Mark Tonkens as CFO and member of the executive board, effective 1 November. He succeeds Daniel Shook, who has decided to pursue career opportunities outside Borealis. Tonkens joined Borealis in 2009 and...

Butachimie to gain more autonomy as Solvay and Invista extend jv agreement
Solvay said today that it has extended its Butachimie joint venture agreement with Invista for an additional 99 years. Butachimie produces nylon 6,6 intermediates at Chalampé, France. The companies in April settled a dispute relating to adiponitrile...

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EASTERN EUROPE

RusVinyl commissions €1.4-billion integrated PVC complex in Russia
GRAND OPENING: President Vladimir Putin at RusVinyl's inauguration today. RusVinyl (Kstovo, Russia)—an equally owned joint venture between Sibur (Moscow), Russia's largest petrochemical company, and SolVin (Brussels)—today inaugurated a...

Uhde Inventa-Fischer completes revamp of Indorama's PET plant in Poland
Uhde Inventa-Fischer, a unit of ThyssenKrupp Industrial Solutions, said today that it has completed the revamp of a polyethylene terephthalate (PET) bottle resins plant for Indorama Ventures' business at Włocławek, Poland. The capacity of the...

Investment firm CIS Acquisition to acquire China's Delta Technology Holdings
CIS Acquisition (Moscow), a publicly traded investment vehicle, says it is acquiring a majority stake in Delta Technology Holdings (Hong Kong), a fine and specialty chemicals maker with assets in China, in an all-stock deal. CIS will issue 4.56 million shares...

PhosAgro appoints new board member
PhosAgro (Moscow), a leading integrated phosphate fertilizer producer, announced today the election of Jim Rogers to its board of directors. Rogers cofounded Quantum Fund and owns Rogers Holdings. He becomes an independent, nonexecutive director of PhosAgro...

Russian firm plans export-oriented methanol complex in Leningrad region
The Baltic Gas Chemical Co. has concluded preliminary geological investigations at a site in the Leningrad region of Russia, where it plans to build an export-oriented methanol manufacturing complex, local reports say. The 55-hectare site is situated in the...

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MIDDLE EAST

Qatar shelves Al Sejeel petchems project, will study schemes yielding better economics
Industries Qatar (Doha) said today that it has decided to shelve the Al Sejeel multibillion-dollar petrochemical project it had been planning to build at Ras Laffan. The company says that a new downstream petrochemical project that is expected to yield better...

Technip awarded refinery expansion project in Bahrain
Technip announced today that it has been awarded a “significant” contract by the Bahrain Petroleum Co. (Bapco; Manama). Under the terms of the reimbursable contract, Technip will develop the front-end engineering design (FEED) for the Sitra...

Petro Rabigh owners seek finance, some units will be built with third-parties
Following anannouncement last month by Saudi Aramco and Sumitomo Chemical, owners of the Petro Rabigh petrochemical complex at Rabigh, Saudi Arabia, that they intend to merge the second phase of the project into Petro Rabigh, the owners say that they have...

Albemarle and ICL to form polymeric flame retardants JV
Albemarle and Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that they have entered into an agreement to establish a manufacturing joint venture to produce ICL's FR-122P polymeric flame retardant and Albemarle's GreenCrest polymeric flame retardant...

Israel Chemicals reviewing bromine operations, to close magnesium plant
The board of directors of Israel Chemicals (ICL; Tel Aviv) has instructed the management of the Bromine Compounds Co. to develop and implement a plan to improve the profitability of this operation. Bromine compounds form part of ICL’s industrial...

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AFRICA

Merck Serono confirms pharma alliance with Lupin targeting emerging markets
Merck Serono, the biopharmaceutical division of Merck KGaA, today confirmed that it is establishing a long-term strategic partnership with Lupin (Mumbai). Lupin will support Merck Serono implement the company’s initiative to expand its general medicines...

Sasol chemical profits up on strong olefins and surfactants, improved polymers
Operating profits for Sasol’s chemical cluster increased 178% during the fiscal year ending June 2014, the company says, to a total of rand 8.41 billion ($770 million). Transfers unrelated to sales accounted for half of the gain, but strong performance in the olefins & surfactants (O&S) and solvents businesses plus improvements in polymers contributed the remainder. Total chemical revenues increased 17% to rand 111.7 billion....

KBR awarded contract to revamp two ammonia plants in Algeria
KBR said today that it has been awarded a contract by the Algerian fertilizer producer Fertial to provide licensing and engineering design services to revamp Fertial’s ammonia plants located at Annaba and Arzew, Algeria. KBR will supply its proprietary...

Report: Echem studying $1.5-billion propylene project in Egypt
Egyptian Petrochemicals Holding Co. (Echem) says feasibility studies for a $1.5-billion propylene project at Alexandria, Egypt, and three other chemical projects, will be completed by 2015, according to a report in Daily News Egypt....

BASF opens concrete admixture facility in Kenya
BASF, on 27 August, opened a new production plant for concrete admixtures at Nairobi. The production site will allow BASF to better meet the increasing demand for construction chemicals in Eastern Africa, the company says. The new plant produces standard and...

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SOUTHEAST ASIA

Tokuyama opens $1.84-billion polysilicon project in Malaysia
Tokuyama (Tokyo) says it held an official opening ceremony on 17 September for its two previously announced polysilicon plants at the Samalaju Industrial Park Sarawak State, Malaysia. The company invested a total of about ¥200 billion ($1.84 billion) to...

Petronas Chemicals and Poland's Azoty sign MOU for ammonia-urea jv in Malaysia
Petronas Chemicals (Kuala Lumpur), Grupa Azoty Zakłady Azotowe Puławy (Puławy, Poland) and Sipitang Oil & Gas Development Corp. have signed a memorandum of understanding (MOU) to explore the viability of producing ammonia and urea in Malaysia for sale...

Bostik opens new adhesives plant in Malaysia
Bostik, a subsidiary of Total and a leading global producer of adhesives for industrial, construction, and consumer markets, has expanded its cementitious powder manufacturing capacity with a new production plant near Johor Bahru, Malaysia, close to the...

Reports: Vietnam firm breaks ground on $4-billion refinery-petrochemical complex
Vung Ro Petroleum (VRP; Tuy Hoa, Vietnam) has broken ground on a previously announced refinery and petrochemical complex, and seaport development, at Hoa Tam industrial zone in the Dong Hoa District of Phu Yen Province, Vietnam, according to various media...

Ube to build polycarbonate diol plant in Thailand
Ube Industries says that its wholly owned subsidiary, Ube Fine Chemicals Asia (Bangkok), will build a new production facility for polycarbonate diol at its manufacturing site in Rayong province, Thailand in order to meet rising global demand. The new...

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NORTH ASIA

Tokuyama opens $1.84-billion polysilicon project in Malaysia
Tokuyama (Tokyo) says it held an official opening ceremony on 17 September for its two previously announced polysilicon plants at the Samalaju Industrial Park Sarawak State, Malaysia. The company invested a total of about ¥200 billion ($1.84 billion) to...

Investment firm CIS Acquisition to acquire China's Delta Technology Holdings
CIS Acquisition (Moscow), a publicly traded investment vehicle, says it is acquiring a majority stake in Delta Technology Holdings (Hong Kong), a fine and specialty chemicals maker with assets in China, in an all-stock deal. CIS will issue 4.56 million shares...

Advanced Petrochemical and SK Gas form joint venture for PDH plant
Advanced Petrochemical (Al Jubail) said on Sunday that its 95%-owned subsidiary Advanced Global Investment Co. (AGIC) and SK Gas (Seoul) have formed a joint venture for their previously announced propane dehydrogenation (PDH) plant at Ulsan, South Korea. The...

Nippon Shokubai plans major SAP production capacity expansion
Nippon Shokubai plans to invest a total of about ¥80 billion ($752 million) to expand the company’s superabsorbent polymers (SAP) production capacity globally from 560,000 m.t./year to over 700,000 m.t./year, and also increase the company’s...

China allows expiry of antidumping duties on SBR from Russia, Japan, Korea
China has allowed antidumping duties on styrene butadiene rubber (SBR) originating from Russia, Japan, and South Korea, to expire, according to a statement from the Ministry of Commerce (Mofcom; Beijing). The decision was effective on 8 September, Mofcom...

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CHINA

Investment firm CIS Acquisition to acquire China's Delta Technology Holdings
CIS Acquisition (Moscow), a publicly traded investment vehicle, says it is acquiring a majority stake in Delta Technology Holdings (Hong Kong), a fine and specialty chemicals maker with assets in China, in an all-stock deal. CIS will issue 4.56 million shares...

DuPont opens innovation center at Shanghai
DuPont says it has today opened an innovation center at Shanghai—the company’s first such facility in mainland China. The center will feature the latest DuPont innovations, applications, and products that address local market needs in food...

Sabic and Chinese Academy of Sciences sign research agreement
Sabic and the Chinese Academy of Sciences (CAS; Beijing), a public research and education institution in China, have signed a strategic collaboration agreement to further research, intellectual exchange, and talent development. The five-year agreement, with a...

Cargill sues Syngenta over sales of GMO corn, Syngenta says lawsuit without merit (update)
Cargill said on Friday that it had filed a lawsuit against Syngenta Seeds in Louisiana state court, seeking damages from Syngenta for commercializing its Agrisure Viptera (MIR 162) corn seed before the product obtained import approval from China...

UOP to provide technology for isobutylene plant in China
UOP said today that Shandong Shouguang Luqing Petrochemical has selected its C4 Oleflex technology to be used in a new plant, which will produce isobutylene, a key ingredient in high-octane fuel and synthetic rubber. The new unit will produce approximately...

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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....

PolyOne opens specialty materials facility in India
PolyOne says it opened its previously announced facility at Pune, India, on 17 September. The facility, which is located in the Ranjangaon industrial zone, manufactures specialty solid masterbatch and liquid color and additive formulations. It also...

Clariant completes expansion of pigments capacity in India
Clariant today announced that it has completed the previously announced expansion of production capacity at its pigments and pigment preparations facility at Roha, India. The expansion doubles the capacity of the facility. The higher output will enable the...

Lupin to manufacture Merck Serono drugs under $1.5-billion deal?
Merck KGaA today declined to comment on a report in The Economic Times of India that it is close to signing a deal, worth $1.5 billion, with India’s pharma major Lupin (Mumbai). The report, citing sources close to the deal, says Lupin is in advanced...

West Bengal government sells stake in Haldia Petrochemicals to the Chatterjee Group
The West Bengal government has decided to sell its share in Haldia Petrochemicals Ltd. (HPL; Kolkata) to the Chatterjee Group, the original promoters of HPL, local reports say. The deal ends a dispute, which lasted for more than a decade. HPL is the only...

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AUSTRALIA/NEW ZEALAND

Orica CFO appointed to the company board
Orica (Melbourne) says that Craig Elkington, CFO, has been appointed to the Orica board as executive director/finance, with effect from 12 September. Elkington joined Orica in 1994 and has held various senior finance, commercial, and executive roles across...

Deepak Fertilisers and Petrochemicals forms mining explosives joint venture in Australia
Deepak Fertilisers & Petrochemicals (Pune, India) on Friday informed the Bombay Stock Exchange that its wholly owned subsidiary, Smartchem Technologies, India's leading manufacturer of mining chemicals, has formed a new joint venture to produce mining...

A. Schulman acquires Australian plastic compounds manufacturer
A. Schulman says that it has acquired Compco, located near Melbourne, for $6.7 million in cash. Compco manufactures of a variety of plastic compounds and products, including masterbatches and custom performance colors. Key markets include packaging, wire and...

Catalent and Australian firm collaborate to develop ADC for cancer therapy
Catalent (Somerset, NJ), a provider of advanced delivery technologies, and development solutions for drugs, biologics and consumer health products, is collaborating with privately held Australian biomarker research company, Minomic International (Macquarie...

BHP Billiton details spinoff plans
BHP Billiton (Melbourne) today gave more information relating to the spinoff of some of its assets into a new metals and mining company dubbed NewCo. BHP, as previously announced, plans to demerge its aluminum, coal, manganese, nickel and silver mines...

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