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10.01.2012

DENSO to Build Additional Manufacturing Facility in Silao, Guanajuato, Mexico

KARIYA (Japan) - DENSO Corporation today announced that DENSO Mexico S.A. de C.V. (DNMX), located in Apodaca City, Nuevo Leon, will build an additional plant in Silao, Guanajuato, Mexico. The new facility will help DENSO expand its business in Mexico and meet the growing needs of its North American customers...
10.01.2012

TEGO® Airex 990 and TEGO® Airex 991 - New Generation of Deaerators

TEGO® Airex 990 and TEGO® Airex 991 represent a new generation of deaerators and defoamers for solventborne High Solids coatings. These liquid products contain 100 % active substance, are free of organic solvents and recoatable. This gives the formulator the opportunity to set the solvent content....
10.01.2012

A. Schulman Reports Fiscal 2012 First-Quarter Results

A. Schulman, Inc. (Nasdaq-GS: SHLM) announced earnings for the fiscal 2012 first quarter ended November 30, 2011. The Company reported net income of $13.6 million, or $0.46 per diluted share, compared with $9.2 million, or $0.29 per diluted share, last year.  Foreign currency translation did not...
10.01.2012
10.01.2012

BASF and Sinopec complete second phase of Nanjing investment, announce new plans for expansion

BASF and SINOPEC today inaugurated the $1.4 billion second phase of their integrated petrochemical site in Nanjing, bringing crucial chemicals to the China market that will support the development of more sustainable local industries.

The second phase, inaugurated today, includes expansions...
09.01.2012

Total expands its position in the USA, entering the Utica Shale formation in Ohio

Total announces that its subsidiary, Total E&P USA, Inc., has signed and completed on December 30, 2011 an agreement to enter into a Joint Venture with Chesapeake Exploration, L.L.C.,a subsidiary of Chesapeake Energy Corporation (NYSE:CHK), and affiliates of its partner EnerVest Ltd. In the agreement,...
09.01.2012
09.01.2012

LyondellBasell to Close Two PP Production Lines in Wesseling, Germany

Rotterdam, Netherlands – LyondellBasell (NYSE: LYB) today announced that it will shut down two polypropylene (PP) lines in Wesseling, Germany, by mid-2012. The lines, with a combined capacity of 90 KT per year, are among the company’s smallest and oldest PP production units.  
09.01.2012

Sberbank of Russia and Acron Group Sing a Master Agreement on Opening a USD 100 Million Limit

Sberbank of Russia and Acron Group represented by Acron and NWPC have executed a Master Agreement setting a total limit of USD 100 million for trade financing operations which will cover loan agreements, non-revolving credit facility agreements and uncovered letters of credit with a term of up to 96...
28.12.2011

Granit Increases its Stake in Acron

Granit (subsidiary of Acron) notified the Company that it has increased its stake in Acron’s authorised capital from 14.17% to 15.001%.
28.12.2011

Production restarts at Orion’s manufacturing plant in Turku after the fire in November

Production at Orion’s manufacturing plant in Turku has restarted after the fire that took place in November. The interruption in production was shorter than initially estimated.
 
The start-up of production lines is underway in many of the departments at the manufacturing plant...
28.12.2011

Repsol begins develipment of the super-giant Perla Field In Venezuela

Repsol Chairman, Antonio Brufau, Eni Chairman, Paolo Scaroni, and the Venezuelan Minister of Popular Power for Oil and Mining Rafael Ramírez in Caracas signed the natural gas supply agreement that will allow the development of the vast hydrocarbons reserves of the Perla field.

The...
28.12.2011

A new water rotation cycle will be built at JSC "Shchekinoazot" industrial site

A new water rotation cycle will be built at JSC "Shchekinoazot" industrial site. It will be providing for urea-formaldehyde concentrate and phenol-formaldehyde resins production and will make it possible to relieve the working 5 and 4 WRC for the sake of maximum load of caprolactam production.
 
27.12.2011

Sviaz-Bank and Acron Sign USD 90 Million Loan Facility Agreement

Sviaz-Bank and Acron have executed a five-year loan facility agreement on financing cooperation with a total credit limit of up to USD 90 mn for Acron and its subsidiary Dorogobuzh, under which the Bank will open revolving loan facilities for the two companies.
 
The loan will be used...
27.12.2011

Repsol will produce non conventional hydrocarbons in the United States

Repsol and US oil company SandRidge Energy have reached an agreement for Repsol to buy approximately 1,500 km2 (363,636 net acres) of the Mississippi Lime play, an area rich in gas and light oil. Repsol will invest $1 billion and will incorporate reserves and production from 2012. 
 
27.12.2011

New Manufacturing Base for CMP Slurry to Be Constructed in Taiwan

Hitachi Chemical Co., Ltd. (Head Office: Tokyo; Capital: 15.5 billion yen) has decided to establish Hitachi Chemical Electronic Materials (Taiwan) Co., Ltd. as a new company in the district of Tainan in Taiwan with an investment of 2.0 billion yen and commence production in April 2013 with a view to...
27.12.2011

PPG launches AQUABASE Plus HS Express Clearcoat P190-6800

PPG Industries' automotive refinish business has announced the availability of HS Express Clearcoat P190-6800, a premium, 2.1 VOC (volatile organic compound) air-dry compliant clearcoat formulated for maximum process throughput. P190-6800, part of the NEXA AUTOCOLOR(TM) line of products, is designed...
27.12.2011

For magazine subscribers only Sibur to Sell 100% of Sibur-Fertilizers

For magazine subscribers only
26.12.2011
26.12.2011

ACC and SPI Expand Efforts to Defend Plastic Bags and Increase Plastic Film Recycling

The American Chemistry Council (ACC) and The Plastics Industry Trade Association (SPI) announced an evolution in how the industry will defend plastic bags and promote the recycling of all plastic film—a category that includes plastic bags, product wraps and commercial packaging such as shrink wrap.
26.12.2011

Husky announces market-focused sales organization

Husky Injection Molding Systems announced changes within its global sales organization. Gerardo Chiaia, currently leading the company’s Asia Pacific and EMEA sales organization, has been named Vice-President, Global Sales for Beverage Packaging. In addition, Mike Urquhart, currently Husky’s...
26.12.2011

For magazine subscribers only PolyOne completes acquisition of ColorMatrix

For magazine subscribers only
26.12.2011

Clariant is named Pigment Supplier of the Year by Sitivesp

Sitivesp, the Union of Paints & Coatings producers of the State of São Paulo, has named Clariant “Supplier of the Year” in the Pigment category of its annual award scheme. This is the 17th time, in the 20 year history of the award, that Clariant has been chosen as the best Pigment...
26.12.2011
26.12.2011

AGC and Interpane enter into a strategic alliance in the glass business

Asahi Glass Co., Ltd.(AGC, head office in Tokyo) announced the signing of an agreement between its European subsidiary, AGC Glass Europe (AGEU), and a German glass manufacturer, Interpane, whereby AGC will take control of 51% of Interpane.
 
The two companies, which are both producers...
23.12.2011

Incident involving contractor at OJSC Apatit

PhosAgro (MICEX, LSE: PHOR) ("the Company"), a leading global vertically integrated phosphate-based fertilizer producer, announces that a worker employed by PhosAgro subcontractor OJSC SPM has died in an incident that occurred while performing work on the installation of a new reagent container in the...
23.12.2011

DSM invests in nanotechnology company NanoHoldings, LLC

Royal DSM, the global Life Sciences and Materials Sciences company in the Netherlands, has made an investment in NanoHoldings LLC, a company that specializes in breakthrough nanotechnology discoveries in the field of energy. Financial details of the investment will not be disclosed.

NanoHoldings,...
23.12.2011

Perstorp and PTT Global Chemical sign joint venture for products delivered to the polyurethane industry

The joint venture for the worldwide manufacturing and sales of products for the polyurethane industry between specialty chemicals company Perstorp and PTT Global Chemical has been signed. The joint venture, dedicated to the manufacturing and sales of aromatic (TDI) and aliphatic (IPDI, HDI & derivates)...
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