ICIS - Search Articles by Date : June 06 2005 - June 12 2005

Headache for drug-makers
The European Court of Justice has decided it has no jurisdiction to rule on a case arising from parallel trade in drugs, referred to it by Greece’s.... more
(06 June 2005 16:13)

Repsol ceo’s five-year strategy
Spanish oil and gas major Repsol YPF expects to see its chemical sales grow from 4.13m tonne in 2004 to more than 5.6m tonne in 2009 as a result of a.... more
(06 June 2005 12:04)

Asia new in brief
NCIC plans PVC plant more
(10 June 2005 17:24)

Titan Chemicals in $210 million IPO
Titan Chemicals, the largest Malaysian petrochemicals company, has raised around Rm800 million ($210 million) in an initial public offering (IPO)..... more
(10 June 2005 17:24)

LG MMA to build plant in Yeochun
South Korea’s LG MMA is planning to build a 76,000 metric ton per year methyl methacrylate (MMA) plant in Yeochun, a company official reports. more
(10 June 2005 17:24)

Sinopec merges two subsidiaries
Sinopec has merged two of its subsidiaries, Nanjing Chemical Industrial Co. (NCIC) and Nanjing Chemical Plant (NCP), according to an NCP source. more
(10 June 2005 17:24)

EVC to shareholders: cash is running out
EVC International, Europe’s market leader in PVC, has warned that it could run out of cash unless its parent company Ineos is allowed to take 100.... more
(10 June 2005 17:24)

Elementis head is ousted
Shareholders in Elementis, the UK-based global leader in chromium chemicals that has in recent years been reorganized to raise profitability, have.... more
(10 June 2005 17:24)

Lanxess reaches a restructuring deal
Lanxess has reached a deal with employee representatives in Germany that will enable the company to press ahead with the restructuring of its.... more
(10 June 2005 17:24)

Jobs and People
Chris Clark more
(10 June 2005 17:24)

Air Liquide outlines growth plans
After strengthening its operations in Europe, Asia and the US through its acquisition of Messer, Air Liquide is gearing up for further growth..... more
(10 June 2005 17:24)

Kerr-McGee files chemical IPO
Mike SheridanCNI Report more
(10 June 2005 17:24)

News Watch in brief
agrium to acquire canadian fertilizer more
(10 June 2005 17:24)

Innovene, Delta to build $2 billion petrochem complex in Saudi Arabia
BP’s petrochemicals and refining subsidiary Innovene has signed a memorandum of understanding with Delta International, a Saudi independent.... more
(10 June 2005 17:24)

Solutia unveils new plan
Solutia Inc. has taken a big step towards emerging from bankruptcy, reaching an agreement-in-principle with Monsanto Company and its unsecured.... more
(10 June 2005 17:24)

Icahn targets ImClone
Shares of ImClone Systems Inc. shot up 17 percent to $35.27 last week on strongly positive data for its cancer drug Erbitux and news that billionaire.... more
(10 June 2005 17:24)

Degussa to boost MMA
Degussa is building on its position in methacrylates in the US following its takeover of Cyro Industries, a former joint venture with Cytec.... more
(10 June 2005 17:24)

APEC, NAM both support lower tariffs
The National Association of Manufacturers says it welcomes a declaration by Asia-Pacific Economic Cooperation (APEC) trade ministers that they will.... more
(10 June 2005 17:24)

Monsanto ups forecast
Monsanto Company is once again raising profit estimates on strong performance in its seeds and traits business­—the second time the company has.... more
(10 June 2005 17:24)

News Watch in brief
Akzo divests feed additives more
(10 June 2005 17:24)

Advocacy is touted at ACC meeting
After a year of introspection, topped off with the naming of new CEO Jack Gerard, the American Chemistry Council (ACC) has emerged as a more focused.... more
(10 June 2005 17:24)

Company News Watch in brief
BASF to Acquire Orgamol more
(10 June 2005 17:24)

Matrix and SA to merge
Hyderabad, India-based contract manufacturer Matrix Labs has agreed to merge with Bangalore-based generic pharmaceutical maker Strides Arcolab Ltd..... more
(10 June 2005 17:24)

Space at what price?
New regulations, recently introduced by the IMO, are likely to transform the chemical and product tanker market.Malini Hariharan reports more
(10 June 2005 16:14)

New projects summary
Reported in ICIS 27 May - 3 June 2005 more
(10 June 2005 16:14)

Can container freight-rate hikes continue?
With the peak Christmas production season approaching in China, shipowners are pushing for higher container freight rates. more
(10 June 2005 16:14)

Will June bring a change of fortune?
What a difference a month makes. While ldPE prices have fallen steeply compared with May settlements, major PS producers are hoping they will be able.... more
(10 June 2005 16:14)

Trading down in slow market
Naphtha remains oversupplied owing to high refinery operating rates. Propylene and butadiene remain quiet. MTBE bucks the trend as blenders show.... more
(10 June 2005 16:14)

Aromatics firm as markets look up
Benzene regains strength on US prices and speculative trade. Mixed xylenes move up on increasing demand, while PTA and tight market conditions.... more
(10 June 2005 16:14)

Have happy days returned?
For styrenics producers in Asia, Q3 appears to hold considerable promise. more
(10 June 2005 16:14)

Analysts bullish about consistent Shin-Etsu
WHILE analysts view most Japanese petrochemical companies with cautious optimism at best for the upcoming financial year, they are generally bullish.... more
(10 June 2005 16:14)

ROUNDUP New projects
Go ahead for M&G’s new PTA unit in Brazil 3 June. M&G Group said its board had approved plans to invest an undetermined sum in the.... more
(10 June 2005 16:14)

Which way for petchems?
CONFUSION remains the order of the day for the Asian petrochemicals industry. more
(10 June 2005 16:14)

ROUNDUP Markets
Power outage shuts SK Corp cracker 2 June. SK Corp shut its 190 000 tonne/year No 1 cracker in Ulsan, South Korea, because of a power outage, a.... more
(10 June 2005 16:14)

Global roundup
Tax issue holds up BPC sale 3 June. The three majority shareholders of Bataan Polyethylene Co (BPC) have yet to complete their equity sale to.... more
(10 June 2005 16:14)

Can MMA avoid oversupply?
Methyl methacrylate (MMA) producers appear to be confident that markets will be well balanced despite the number of projects lined up for start up.... more
(10 June 2005 16:14)

Johnson Matthey says outlook is good for next few years
Johnson Matthey said operating profits rose 1% to £208.1m (€300m/$380m) for the financial year ended 31 March, helped by a strong performance in.... more
(06 June 2005 16:15)

Boost for Brazilian synthetic fibres
Rising demand for disposable goods plus improved credit lines will help boost Brazilian consumption of synthetic fibre intermediates in 2005,.... more
(06 June 2005 16:11)

Be selective to be effective
Dede Williams talks to Ron Sheldon, director of Advent International more
(06 June 2005 12:11)

London Metal Exchange starts PP and lldPE futures trading
The London Metal Exchange (LME) began trading polypropylene (PP) and linear low density polyethylene (lldPE) futures on Friday 27 May. more
(06 June 2005 16:16)

Unipar to up cumene capacity and switch technology route
Unipar will expand its cumene capacity by about 100 000 tonne/year in 2007, according to group president Roberto Garcia. more
(06 June 2005 16:17)

Tailor-made service
Bayer Industry Services strives to offer individually focused services to start-ups and chemical production investors within the setting of its four.... more
(06 June 2005 12:16)

Come together
Germany’s chemical parks and sites offer an excellent infrastructure and a unique material supply network more
(06 June 2005 12:17)

Innovation and transformation
Chemelot is one of the largest and most modern industrial chemical parks in the Netherlands. Home to some world-leading companies, there is still.... more
(06 June 2005 12:19)

Sharing for success
Cost reduction and streamlining have never been more important as the chemicals industry continues to operate in a tight market. Michael Gordon.... more
(06 June 2005 12:13)

BASF optimises site
BASF optimises its potential by opening its Ludwigshafen complex to third parties more
(06 June 2005 12:14)

Opportunities at hand
Twenty thousand people are creating chemistry from Aramids to Zeolites in a sustainable environment more
(06 June 2005 12:22)

Wilton wins Huntsman backing
Wilton International has much to offer chemical companies by way of flexible packages. Huntsman agrees, with the planned construction of a €295m ldPE.... more
(06 June 2005 12:25)

Estuary of value
Value Park Terneuzen is centrally located between Antwerp and Rotterdam and, with its infrastructure now complete, it is ready to welcome chemical.... more
(06 June 2005 12:27)

All wrapped up
Changes in the industry are presenting fresh opportunities for carrier DHL. Elaine Burridge investigates more
(10 June 2005 16:06)