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Market Trends:- Outages make for twitchy markets
Naphtha slipped to $505-510/tonne cif NWE. Supply continues to outstrip demand, which coupled with aggressive selling has contributed to the fall..... more
(07 November 2005 16:35)
Plastics Monitor: Prices soar on plant outages
European commodity plastic producers managed to secure price increases of €150-200/tonne in October. Industry sellers made the most of tight markets,.... more
(07 November 2005 17:28)
Hydroformylation with a new twist
Drawing on multiple synergies, Dowpharma has expanded its chiral toolbox to create opportunities. Clay Boswell reports more
(07 November 2005 14:44)
IN BRIEF News Watch
MERCK WINS IN VIOXX LIABILITY CASE more
(07 November 2005 14:21)
IN BRIEF News Watch
Dupont and Kronos settle litigation more
(07 November 2005 14:27)
IN BRIEF News Watch
Hampshire Finishes Daxad sale to Geo more
(07 November 2005 14:31)
Late spot prices
Late spot prices
Crude vegetable oils
Coconut oil, t.l. N.Y.
lb
33c
Corn oil, Midwest
lb
27.50c
.... more
(07 November 2005 14:59)
Low linolenic soy output ramps up
oilseed processors are lining up for a piece of the low-linolenic soybean market. More than 150,000 acres of the soybeans were planted this year in.... more
(07 November 2005 14:58)
Jobs and People
Carl Bilgrien more
(07 November 2005 15:01)
Capacity shortage looms in cell culture
For the next two to three years, there should be a slight excess of mammalian cell culture capacity, but shortages may occur in 2009 or beyond if new.... more
(07 November 2005 14:51)
Hydrofluoric Acid
November 7–13 2005 more
(07 November 2005 15:11)
Commodity firms beat Wall Street forecasts
COMMODITY CHEMICAL firms are posting profit gains in the third-quarter despite the impact of the hurricanes as stronger product pricing offset higher.... more
(07 November 2005 12:42)
Chinese firm buys Qenos
Australian chemical company Orica and US oil major ExxonMobil have agreed to sell their 50-50 joint venture Qenos, Australia’s largest plastics.... more
(07 November 2005 12:42)
Umicore takes stake in Reaxa
Umicore, the Brussels-based catalysts manufacturing company, has taken a 21 percent stake in Reaxa, the UK-based catalyst technologies firm spun out.... more
(07 November 2005 12:42)
Lanxess unveils new company
The fine chemicals business unit of Lanxess will operate as a new company called Saltigo from the second quarter of 2006, the group announced at.... more
(07 November 2005 12:42)
NPRA urges action on natural gas
A leading US petrochemical official urged Congress last week to take immediate action to lift restrictions on natural gas development in order to.... more
(07 November 2005 14:34)
US DoE forecasts energy shift: new power plants built for coal
The growth of coal-fired electric power generating capacity will increase rapidly in the US over the next two decades, the Department of Energy (DoE).... more
(07 November 2005 12:42)
Security bill set to debut
A large and comprehensive bill to set national standards on chemical plant site security may be introduced in the US Senate in the next two or three.... more
(07 November 2005 12:42)
PS feels raw material pinch
THE NORTH American polystyrene market is still recovering from the effects of the hurricanes on the US Gulf Coast. more
(12 November 2005 10:50)
Meetings Calendar
November – December 2005 more
(12 November 2005 10:50)
HP extinguishes TBBA use
CONTINUING WITH an internal environmental initiative, computer and printer manufacturing giant Hewlett-Packard (HP) recently said that it would.... more
(12 November 2005 10:50)
Indian F&F in-transit
Major changes are sweeping India’s flavors and fragrances (F&F) market. more
(12 November 2005 10:50)
Cosmetics in brief
Cosmeceuticals to hit $4B more
(12 November 2005 10:50)
Life sciences in brief
ADVAXIS Inc., Princeton, N.J., has entered into an agreement with UK-based Cobra Biomanufacturing PLC for the manufacture of experimental and.... more
(12 November 2005 10:50)
Access Pharmaceuticals at a glance
Access Pharmaceuticals at a glance more
(12 November 2005 10:50)
Access banks on polymer linking
TO ADVANCE its technology platform in the field of oncology, Dallas, Tex.-based Access Pharmaceuticals Inc. will focus on its lead product candidate,.... more
(12 November 2005 10:50)
Commodities in brief
BTX Spot benzene prices dipped below $2.30 per gallon on softer demand and falling crude oil prices. Spot prices for prompt delivery were assessed.... more
(12 November 2005 10:50)
Feedstock Report: Benzene and Styrene
POOR DOWNSTREAM demand and falling crude oil prices have significantly undercut benzene prices. While the slowdown in the styrenics chain has.... more
(12 November 2005 10:50)
Air pollution regs spur Solvay to form Solvair
WITH COMPLIANCE targets for the Clean Air Act and other air pollution standards rapidly approaching, utilities and refiners, especially in the.... more
(12 November 2005 10:50)
C&T gobbles natural ingredients
The US cosmetics and toiletries market is capitalizing on growing consumer interest in new products containing natural ingredients. Doris de Guzman.... more
(12 November 2005 10:50)
Late spot prices
Late spot prices more
(12 November 2005 10:50)
Oilseed crush results remain solid
Market fundamentals in the oilseed industry remain strong despite negative impacts from currency exchange in Brazil, hurricane-related logistics.... more
(12 November 2005 10:50)
Jobs and People
JEREMY BURKS more
(12 November 2005 10:50)
NPIL broadens its global reach
WITH THE industry closely watching how Indian API manufacturers position themselves within the global fine chemicals market, the buzz at this month’s.... more
(12 November 2005 10:50)
Pharmaceuticals in brief
Roche updates Tamiflu manufacturing status more
(12 November 2005 10:50)
Chemical Profile: Bromine
November 14–20 2005 more
(12 November 2005 10:50)
Bayer results show good growth for year
Bayer is pleased with the progress the group has made since spinning off its chemicals business into Lanxess last February, chairman Werner Wenning.... more
(12 November 2005 10:50)
Reach is getting back on track
A political agreement was brokered last week on the European Commission’s Reach legislation for a chemicals policy for Europe. Rapporteur Guido.... more
(12 November 2005 10:50)
Degussa reviews organization
Four years after the merger of Degussa-Hüls with SKW Trostberg into a leading speciality chemicals group, Degussa is juggling several internal.... more
(12 November 2005 10:50)
M&A activity slows from torrid pace
Financial buyers continue to be a force while valuations firm. Joseph Chang reports more
(12 November 2005 10:50)
ISP CEO speaks of industry challenges
THE AMERICAN and Western European chemical industry is in “a period of tremendous challenges, but also great opportunity,” according to Sunil Kumar,.... more
(12 November 2005 10:50)
US officials hail textile agreement with China
TOP US trade officials hailed last week’s new US-China textile trade agreement, saying the deal will provide “stability and predictability” for US.... more
(12 November 2005 10:50)
US panel calls for punitive tariffs on Chinese goods
THE US-CHINA Economic & Security Review Commission (USCC) is calling for “immediate, across-the-board tariffs on Chinese imports” to halt Chinese.... more
(12 November 2005 10:50)
ACC blasts OCS outcome
THE AMERICAN Chemistry Council (ACC) expressed dissatisfaction on Thursday at US House action to block development of offshore oil and gas reserves,.... more
(12 November 2005 10:50)
Revamped Phoenix flies ahead
MEXICAN STATE-OWNED oil and petrochemicals giant Pemex is forging ahead with a new, scaled-down Phoenix project that involves the expansion of the.... more
(12 November 2005 10:50)
Brazil may become short of resins by 2008
BRAZIL MAY become short in many plastic resins towards the end of the decade, as new capacity production is not likely to be sufficient to satisfy.... more
(12 November 2005 10:50)
Latin America must exploit advantages
LATIN AMERICA has the ability to emerge as a leading contender in the global petrochemical arena, so long as it fully exploits its advantages in.... more
(12 November 2005 10:50)
Iran may give up majority stakes
Foreign investment in Iran could increase dramatically, as its new government is poised to give up majority stakes in petrochemical projects. more
(12 November 2005 10:50)
ICI India to divest its rubber biz
ICI INDIA Ltd. will divest its rubber chemicals business to a proposed joint venture with the US-based PMC Group. more
(12 November 2005 10:50)
Yanhua cracker could be catalyst for Sinopec
BEIJING YANHUA Petrochemical’s decision to opt for a new cracker rather than an expansion of its existing cracker could spark a similar move by other.... more
(12 November 2005 10:50)
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INSIGHT: Total makes moves to crack more gas
"Producers are assessing feedstock options and the ways they can reduce their reliance on expensive, oil-related naphtha."
more
VIDEO - ICIS Americas Lunchtime Bulletin 24 May 2013
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