Houston and Shanghai - Kraton Performance Polymers has initiated a project assessment, which includes site-selection activities, to identify options for building a new, hydrogenated styrenic block copolymer (HSBC) plant in Asia. Strong growth in Kraton’s differentiated grades of HSBC’s has...

NOVATEK Ltd. (“NOVATEK” and/or the “Company”) announced that the Company has signed the necessary documents for the disposal of its 100% equity interest in OOO NOVATEK-Polymer (NOVATEK-Polymer) to JSC SIBUR Holding (SIBUR). According to the Sales and Purchase Agreement, NOVATEK will initially transfer...

Vulcuren, the crosslinking agent from LANXESS, is not just a valuable crosslinker and anti-reversion agent for the manufacture of energy-saving “green tires". It is also an alternative to the secondary accelerator N,N’ diphenylguanidine (DPG), say experts in LANXESS’ Rubber Chemicals...

DuPont™ Solamet® metallization paste increases solar cell efficiency and electrical output. DuPont recently announced plans to double production capacity for its market-leading DuPont™ Solamet® photovoltaic (PV) metallization pastes, based on strong, continued growth in the solar...

LyondellBasell’s Hostalen PP N2122 resin is being used to produce infiltration pipes for the rainwater management system at the new Berlin-Brandenburg International (BBI) Airport, one of Europe’s largest currently under construction.

The airport’s rainwater management system...

3M announced it has entered into a definitive agreement to acquire Attenti Holdings S.A. from an investor group led by Francisco Partners, for a purchase price of $230 million in cash. Based in Tel Aviv, Israel, Attenti is a leading supplier of remote people monitoring technologies used for a variety...

Westlake Chemical Corporation (NYSE: WLK) announced today it is proceeding with the previously announced construction of a new chlor-alkali plant to be located at its vinyls manufacturing complex in Geismar, Louisiana.

The new chlor-alkali unit is estimated to produce 250,000 electrochemical...

Saudi Basic Industries Corporation (SABIC), announced today that it has signed an agreement with Lurgi GmbH, a German firm, for the technology licensing and engineering that will allow SABIC to produce oleo-chemicals at its affiliate, Saudi Kayan Petrochemical Company (SAUDI KAYAN), following the completion...

BP today announced that it has agreed to sell its interests in ethylene and polyethylene production in Malaysia to PETRONAS. The agreement concerns BP’s 15 per cent interest in Ethylene Malaysia Sdn Bhd (EMSB) and 60 per cent interest in Polyethylene Malaysia Sdn Bhd (PEMSB), both of which are...

Especially in Deco-paints, a well balanced cost calculation is very important. The new wetting and dispersing additive TEGO® Dispers 741 W enables formulators to develop cost-efficient colorants with outstanding color strength. TEGO® Dispers 741 W can be used for the formulation of dispersions...

Solvay announces today that it has decided to increase the production capacity for Peroxide Curable Fluoroelastomers, commercialized under the trademark Tecnoflon®, in the Solvay Solexis plant at Spinetta Marengo, Italy. Solvay is investing EUR 10 million in the capacity increase, which is expected...

Nufarm Limited announced that preliminary and unaudited analysis of 2010 year end results confirms that the net operating profit for the company will be within the $55 million - $65 million range indicated by management in its July 14 market update.

Net debt at July 31 will be approximately...

A rather acidic success story started at BASF 50 years ago: in the summer of 1960, the company brought on stream the first large-scale manufacturing plant for propionic acid at its integrated Ludwigshafen Verbund site. The inauguration of another facility that produces this carboxylic acid followed at...

Bayer MaterialScience is committed to developing sustainable technologies and materials, particularly when it comes to utilizing energy from renewable sources such as the sun and wind. With photovoltaics (PV), for example, the focus is on customer-specific solutions featuring higher energy efficiency,...

JSC “KazMunaiGas Exploration Production” (KMG EP) and BG Group plc (BG Group) today announced the signing of an agreement to farm-in into a BG Group operated licence in the United Kingdom Central North Sea – the production licence (P1722) which contains the White Bear prospect. KMG...

Genzyme has rejected Sanofi-Aventis' $18.5bn (€14.5bn) takeover bid, describing it as offering no improvement in price on the previous proposal and failing “to establish a basis for engagement.”

CEO Henri Termeer said: “Without exception, each member of the Genzyme...

AkzoNobel – the world’s largest coatings company – announced it has been selected by Walmart to be the primary paint supplier for the retailer’s US stores.

The company will develop and manufacture a portfolio of interior and exterior paints for more than 3,500 Walmart...

Tronox Incorporated on behalf of its subsidiary companies, announced the following price increase for all TRONOX® titanium dioxide (TiO2) grades effective October 1, 2010 or as contracts allow:

• Asia Pacific $175 per tonne

This increase is in addition to those previously...

The Middle East economies continue to grow, generating many different needs for industrial gases. Air Liquide, the world-leading Group in the Middle East, continues its development. In order to support its customers from the steel sector in this growth area, the Group is investing in new production units,...

Haldor Topsoe Inc. and CoaLogix Inc. have developed a closer collaboration since 2009, which has now been executed into a signed agreement to provide additional value in connection with SCR catalyst supply to the Power generation Industry. Haldor Topsoe Inc. will utilise CoaLogix Inc. services exclusively...

Global custom synthesis specialist Saltigo GmbH will be raising its prices for the product group 1,2,4-Triazol (CAS 00288-88-0) by 10 % effective September 1, 2010. The reasons for the measure are substantial increases in raw materials and energy costs.
Saltigo is one of the leader in the production...

The Lubrizol Corporation’s (NYSE: LZ) Noveon® Consumer Specialties team has strengthened its technical organization with the appointment and addition of five new scientists for the purpose of maximizing and accelerating innovation and new product development.

Noveon® Consumer Specialties,...

Ferro Corporation (NYSE: FOE) (the "Company") announced today that it has closed an underwritten public offering of $250 million aggregate principal amount of 7.875% senior notes due 2018 at a price to the public of 100% of their face value, pursuant to an effective shelf registration statement filed...

Songwon Industrial, a leading developer and manufacturer of polymer additives, will increase global prices of its Songnox® antioxidants, Songlight® and Songsorb® UV stabilizers, Songstab® acid scavengers as well as of its range of aminic antioxidants between 5 and 15% effective on orders...

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Arkema’s polymers play a part in the vast majority of industries: automotive, electronics, furniture, construction, packaging, medical and the energies sector, and are used in increasing amounts with ever more cutting edge qualities. They help manufacture increasingly sturdy, light and durable...

Midatech and MonoSol Rx have filed a provisional US patent application covering a nanoparticle film drug delivery system for administering biologics.  Use of the film could allow biologics currently delivered by injection to be administered buccally or sublingually. Eliminating the need for regular...

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Eastman Chemical Company announced that it will launch a new polymer for sheet and injection-molded faceshield applications. Eastman Tritan™ copolyester is an innovative clear polymer that delivers high-impact strength and chemical resistance to compete with polycarbonate (PC) in faceshield, visor...

Cytec Industries Inc. (NYSE: CYT), and its affiliated companies, announce a selling price increase on CYMEL, CYREZ , MELMAC, BECKAMINE and UFORMITE aminoplast resins sold in the Americas. The increase will be $0.10/lb and will be effective for shipments on or after September 15, 2010 or as contracts...

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Clariant offers leather finishers a solvent-free alternative to nitro cellulose (NC) emulsions with the launch of Aqualen® Top IL, an aqueous, modified polyurethane dispersion. Aqualen Top IL is an aqueous intermediate lacquer, especially developed to substitute solvent-containing emulsion lacquers....

The XIAMETER® brand from Dow Corning is launching a series of standard high-consistency rubber (HCR) compounds for customers in North America and Europe. Now, customers can get standard HCR compounds for high-voltage insulation, wire and cable, general molding, and general extrusion applications...

Lanxess India expects demand for synthetic rubber to increase in India, a country with a long history in the production and consumption of natural rubber.  Lanxess said India is currently undergoing a shift toward replacing natural with synthetic rubber in a variety of applications as it is driven...

Evonik said it will raise prices for precipitated and fumed silica products, special oxides and matting agents worldwide by up to 8 percent.  The increase will take effect from Oct. 1. An Evonik spokesman said the increase applies to all silica products including the precipitated silica Ultrasil...

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Kraton Performance Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic block copolymers or "SBC's" (together with Kraton Polymers LLC and its other subsidiaries, "Kraton"), announced that its roof coating formulation containing Kraton G1643, a styrenic block copolymer (SBC), exceeds...

In the second quarter of 2010, NOVA Chemicals generated net income of $51 million compared to a net loss of $83 million for the second quarter of 2009. For the six months ended June 30, 2010, we generated net income of $145 million versus a net loss of $206 million for the six months ended June 30, 2009....

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