ICIS - Search Articles by Date : October 06 2003 - October 12 2003

News in brief
BASF ups prices BASF has announced E70/tonne price increases on its range of ethanolamine products. It cited unsatisfactory margins due to.... more
(06 October 2003 12:06)

News in brief
Axovan acquired Biopharmaceutical company Actelion of Basel, Switzerland, has acquired research firm Axovan for an initial payment of SF60m.... more
(06 October 2003 12:06)

Pharmaceuticals in Brief
REHEIS Intermediates is increasing prices for all grades of Rehydragel vaccine adjuvants by $0.28 per pound. The increase is effective November 1, more
(10 October 2003 20:03)

AstraZeneca Launches Into Growth Cycle
While many pharma majors see the revenue stream slow to a trickle once their blockbuster products lose patent protection, AstraZeneca has managed more
(10 October 2003 20:03)

Polyurethanes Market Holds Its Own Despite Weak US Economy
A study of the North American polyurethanes market shows that de-mand remained relatively unchanged be-tween 2000 and 2002 despite the economic more
(10 October 2003 20:03)

Chemical Profile Maleic Anhydride
Maleic Anhydride October 13, 2003PRODUCERCAPACITY* Ashland Specialty Chemical, Neal, W.Va.95 Bayer, Baytown, Tex.130 BP Chemicals, Joliet, more
(10 October 2003 20:03)

US Chemical Makers Support EU Rejection of REACH Draft
US chemical makers are voicing support for the EU Competitiveness Council's overwhelming rejection of the most recent draft of a European Union more
(10 October 2003 20:03)

IT in Brief
Sopheon Upgrades Sopheon, a software and services company, has introduced Sopheon Accolade version 5.0, a new version of its product more
(10 October 2003 20:03)

CFO Forum: Lyondell Chemical CFO Optimistic About 2004 Rebound In US Petrochemicals Market
The US petrochemicals industry is poised for a rebound in the 2004/2005 time frame, according to Lyondell Chemical Company's chief financial more
(10 October 2003 20:03)

Restructuring Could Slash Rhodia Debt
Rhodia has hinted that the company's turnover may shortly be reduced by as much as 25 percent because of a major restructuring aimed primarily at more
(10 October 2003 20:03)

Managing Complex Supply Chains Key for Profitability
Despite a strong link between effective supply chain management and profitability, the majority of North American and European manufacturers is more
(10 October 2003 20:03)

Ricerca Expands Drug Development
As a successful one-stop shop drug development partner to pharmaceutical and biotechnology companies, Ricerca Biosciences LLC has recently expanded more
(10 October 2003 20:03)

Fragrances for Cosmetics and Toiletries Feeling the Pinch
Shifting consumer demand has made natural fragrance ingredients very popular in Europe and North America, but the overall fragrance market is more
(10 October 2003 20:03)

SST Responds to Changing Fine Chemicals Marketplace
SST Corp., a manufacturers' representative for active pharmaceutical in-gredients (APIs) and intermediates, is diversifying its supplier base as more
(10 October 2003 20:03)

US Recovery, Strategic Sourcing Key For Purchasing Professionals
The recovery of the US manufacturing sector and ways to optimize the supply chain continue to be critical issues facing purchasing professionals. more
(10 October 2003 20:03)

Specialties Pricing
Albemarle Corp. and its Bergheim, Germany-based affiliate Martinswerk GmbH will increase the global prices of Martoxid aluminum oxide and Martinal more
(10 October 2003 20:03)

PET Increase Appears Stalled
Buyers are resisting the 5 cent-per-pound price increase that producers were seeking for polyethylene terephthalate (PET) in October. The increase more
(10 October 2003 20:03)

Great Lakes Consolidates Polymer Additives
To streamline operations, Indiana-polis, Ind.-based Great Lakes Chemical Corp. (GLC) will initiate a series of cost reduction steps expected to more
(10 October 2003 20:03)

Low-Cost Chips Offer New Venue for Chemical Companies
Chemical companies are preparing to take advantage of a new era in communications and logistics in which low cost electronics, with chips costing more
(10 October 2003 20:03)

Polymer trends: PS falls by $90/tonne
HdPE prices are expected to move up following the indefinite shutdown of Honam's plant. ABS players cut operating rates due to weak demand more
(10 October 2003 18:33)

Majors look to buy emissions credits
Leading Japanese trading companies have been stepping up investments in greenhouse gas (GHG) emissions credits on the calculation that domestic.... more
(10 October 2003 18:33)

Chems in Meti's pilot project
About 30 Japanese petrochemical and chemical companies are taking part in a six-month pilot project on emission-rights trading more
(10 October 2003 18:33)

Concerns over eager PTA plans
Foreign investors are worried that possible unregulated purified terephthalic acid (PTA) investments by zealous players in China may adversely affect.... more
(11 October 2003 11:43)

Japanese industry refutes quake survey claims
The chemical storage tanks used by Japan's petrochemical producers are built to withstand strong earthquakes, such as the one that hit Hokkaido.... more
(10 October 2003 18:33)

Global roundup
From stories supplied by the CNI and ACN teams. See www.cnionline.com. For exclusive news and analysis, see the rest of ACN more
(10 October 2003 18:33)

Kolon switches to spandex
Kolon Industries is to scrap almost a third of its 190 000 tonne/year nylon filament capacity and increase its production of spandex under its.... more
(10 October 2003 18:33)

Aromatics lifted by rising crude prices
Aromatics markets were on a roll last week, with prices of most products rising by US$10-25/tonne more
(10 October 2003 18:33)

Market trends: C3 falls on Honam blast
Methanol prices rise in India. Traders expect MTBE markets to pick up when buyers return after the Chinese national holidays which ended on 7 October more
(10 October 2003 18:33)

Market trends: Benzene rises US$25
Toluene, PX, OX and MX also strengthen as crude prices firm and supply tightens. Styrene, however, does not rise despite stronger benzene values more
(10 October 2003 18:33)

PA producers face margins pressure
Pthalic anhydride (PA) margins were being squeezed, despite tight supplies more
(10 October 2003 18:33)

Indorama picks Invista as licensor for Thai PTA
Indorama has chosen Invista as the technology licensor for its purified terephthalic acid (PTA) project in Mab Ta Phut, Thailand more
(10 October 2003 18:33)

New projects summary
As reported in ACN 29 September - 5 october 2003 more
(10 October 2003 18:33)

Shell, Basell pull out from No 8
Shell Chemicals and Basell have withdrawn from the Olefins No 8 project in Iran for the time being because of a disagreement over timing, says Rein more
(10 October 2003 18:33)

Sabic mulls options in Europe
Sabic EuroPetrochemicals (Sabic EPC) may opt for either importing olefins or polyolefins into Europe in place of capacity expansions at its plants more
(10 October 2003 18:33)

Nod for Guangzhou refinery expansion
The Chinese government has approved an expansion of Guangzhou Petrochemical's 7.7m tonne/year refinery in Huangpu in Guangzhou, Guangdong, China, to.... more
(10 October 2003 18:33)

IOC aims to start C2 work in April 2004
Indian Oil Corp (IOC) hopes to begin construction of its naphtha cracker project in April 2004 with startup scheduled for 2006-07 more
(10 October 2003 18:33)

Methanex evaluates alternative sites
Methanex is evaluating two alternative sites to replace Western Australia as the location for its 1.3m tonne/year methanol project more
(10 October 2003 18:33)

OPP to tie up finances for Oman PP unit
Oman Polypropylene (OPP) aims to complete the financial arrangements for its 340 000 tonne/year PP project in Sohar, Oman, at the end of Q1 or in.... more
(10 October 2003 18:33)

US trends: A ray of sunshine
US chemical price trends improved slightly in September, thanks to a mild pickup in manufacturing. But because of low operating rates, customers are.... more
(10 October 2003 18:33)

Blast dashes ethylene hopes
Hopes of an upturn in Asian ethylene prices faded last week after an accident at Honam Petrochemical's 150 000 tonne/ year No3 hdPE plant at Yeochun.... more
(10 October 2003 18:33)

Chem-wire Express Japan
Chem-wire Express Japan: Edition of 3 October Basic and Fine Chemicals Harima Chemicals plans to start production of solder paste early.... more
(06 October 2003 07:33)

Chem-wire Express Japan
Chem-wire Express Japan: Edition of 6 October Basic and Fine Chemicals Mitsubishi Chemical will expand sales of LCD colour filter.... more
(07 October 2003 04:07)

Chem-wire Express Japan
Chem-wire Express Japan: Edition of 7 October Basic and Fine Chemicals Asahi Kasei and the Noguchi Institute have developed a.... more
(08 October 2003 06:04)

Chem-wire Express Japan
Chem-wire Express Japan: Edition of 8 October Basic and Fine Chemicals Ube Industries is scheduled to expand its nylon 6 resin.... more
(09 October 2003 04:22)

Chem-wire Express Japan
Chem-wire Express Japan Basic and Fine Chemicals Asahi Denka Kogyo has developed a new series of water-borne epoxy resin for lead-free.... more
(10 October 2003 04:15)

News in brief
Sweet coatings SpecialChem, provider of on-line technical information for the speciality chemicals market, has launched a service platform.... more
(06 October 2003 12:06)

20 years ago
3 October 1983 more
(06 October 2003 12:06)

News in brief
Grace to expand WR Grace's German subsidiary Grace Bauprodukte is expanding its presence in Germany and central Europe with the acquisition of a.... more
(06 October 2003 11:54)

Market trends: PX and OX prices moving down
PX and OX values drifted downwards pulled by weaker xylenes numbers. Ammonia’s bull run slowed as US enquiries dried up more
(06 October 2003 09:18)

Plastics monitor: Markets witness new price hikes
September commodity prices saw further rises and sellers are pushing for further hikes in October. Several outages and production problems have.... more
(07 October 2003 11:45)