ICIS - Search Articles by Date : March 15 2004 - March 21 2004

Product Profile: MDI
Demand looks set to continue to outrun supply in the short term until new capacity comes onstream more
(15 March 2004 15:15)

Strong growth prompts OEF to up chem forecast
Predicting strong growth in the US economy and strong Asian demand driven by China, Oxford Economic Forecasting (OEF) has raised its chemicals.... more
(15 March 2004 09:08)

Welcome to the Global Petrochemical Network
On behalf of NPRA, let us welcome you to the 29th International Petrochemical Conference (IPC) in San Antonio, Texas. After several years of.... more
(19 March 2004 20:20)

OM Group to Restate Fiscal Results
OM Group Inc. will restate its financial results from 1999 to 2003 to reflect adjustments to inventory accounting over the period and delay the.... more
(19 March 2004 20:20)

Oils in Brief
OLEIC ACIDS Uniqema will raise its prices for all grades of oleic acids by 5c. per pound effective April 15 or as contracts allow. Uniqema.... more
(19 March 2004 20:20)

Oils Late Spot Prices
LATE SPOT PRICES CRUDE VEGETABLE OILS* Coconut oil, t.l., N.Y. lb. 34.75c Corn oil, Midwest lb..... more
(19 March 2004 20:20)

Jobs and People
Paul S. Anderson Paul S. Anderson has been named to the scientific advisory board of Vertex Pharmaceuticals Inc. Mr. Anderson, who recently.... more
(19 March 2004 20:20)

Record High Prices Temper Propylene Demand
Propylene prices in the US continue to surge due to firm demand and supply constraints around the US Gulf Coast. Meanwhile, ethylene sellers are.... more
(19 March 2004 20:20)

Petrochemicals in Brief
Celanese Chemicals will increase the list and off-list selling prices for all grades of acetic acid and acetic anhydride by $50 per metric ton in.... more
(19 March 2004 20:20)

Commodities Pricing Chart
Petrochemicals Acetone, MMA .235 lb. Benzene 2.25 gal. Butadiene .29 lb. Ethylene unsettled .... more
(19 March 2004 20:20)

Pharma in Brief
Isis Pharmaceuticals Inc. and Alnylam Pharmaceuticals Inc. have entered into an agreement to develop and commercialize RNAi therapeutics. In.... more
(19 March 2004 20:20)

Chemical Prices for week ending March 12, 2004
These chemical prices are list, unless otherwise specified. These listings are based on pricing information obtained from suppliers. Posted prices do.... more
(19 March 2004 20:20)

EDS Sells UGS PLM Solutions for $2.05 Billion
Electronic Data Systems (EDS) has sold its UGS PLM Solutions software subsidiary to the private investor group of Bain Capital, Silver Lake.... more
(19 March 2004 20:20)

Enterprise Application Spending on the Rise
Enterprise application spending is expected to increase 9 percent in 2004, according to a recent survey of 200 information technology (IT) and.... more
(19 March 2004 20:20)

IT in Brief
IBM Unveils AMD Opteron-Based Workstation IBM has released the IntelliStation A-Pro work station, the first work station to be powered by AMD.... more
(19 March 2004 20:20)

Information Technology Insights: SAP Upgrades for the Chemical Industry
Building on several product upgrades in supply chain and customer relationship management, as well as application infrastructure software, SAP.... more
(19 March 2004 20:20)

Views from the Trenches: Chemical Transportation
Views from the Trenches is a new forum in which Chemical Market Reporter asks select industry executives to share perspectives on issues of.... more
(19 March 2004 20:20)

IT at Work: Nova Chemicals
An ongoing aim of chemical companies is realizing the business value of their enterprise resource planning (ERP) systems either by adding.... more
(19 March 2004 20:20)

Specialties Pricing
Air Products and Chemicals Inc. is, as of April 1, increasing the global price for dimethylaminoproplyamine by 3c. per pound. Air Products.... more
(19 March 2004 20:20)

Dow to Launch Versify Polymers
Dow Chemical Company is gearing up to commercialize Versify plastomers and elastomers, a new family of specialty propylene-ethylene copolymers.... more
(19 March 2004 20:20)

Texas Petrochemicals to Go Public in Bankruptcy
Texas Petrochemicals LP plans to emerge from bankruptcy reorganization as a publicly traded company. Confirmation is expected on April 1. .... more
(19 March 2004 20:20)

Natural Gas Demand Expected to Increase
Natural gas demand is expected to increase by about 2.6 percent this year in response to anticipated economic growth and a slightly lower.... more
(19 March 2004 20:20)

Senate Nixes Efforts to Reinstate Superfund Tax
The Senate has rejected another attempt by Democrats to reinstate federal Superfund taxes on the chemical and petroleum industries that expired.... more
(19 March 2004 20:20)

California Moves On Ammonium Perchlorate Level
California health officials have taken the first step toward establishing a drinking water standard for ammonium perchlorate, a chemical that was.... more
(19 March 2004 20:20)

European Chemicals Producers Bet on Services and Innovation
Potential low growth rates forthe mature chemicals markets of Eur-ope and North America are challenging chemical producers’ long-term strategies..... more
(19 March 2004 20:20)

BASF May Move More Production to Asia
BASF may transfer production of some chemicals from Western Europe and North America to low-cost locations such as Asia. The company is currently.... more
(19 March 2004 20:20)

Bayer Chemicals to Go Public as “Lanxess”
Bayer’s chemicals operation, which is scheduled to be floated on the stock market next year, will be named Lanxess after the company considered.... more
(19 March 2004 20:20)

Air Liquide/Messer Deal Cleared With Conditions
The European Commission (EC) has cleared Air Liquide’s takeover of the German, UK and US activities of Messer Group, but only after Air Liquide.... more
(19 March 2004 20:20)

Quick Action on Pharmaceutical Review Package Is Urged
The pharmaceutical industry is urging the European Union (EU) to move quickly to implement newly approved legislation on the licensing and.... more
(19 March 2004 20:20)

LME Set to Trade Plastics Futures
The London Metal Exchange (LME) is close to finalizing model contracts for a futures market in plastics, scheduled to begin operations by the.... more
(19 March 2004 20:20)

Business In Brief
Advanced Bio/Chem Licenses Technology Advanced Bio/Chem Inc. has signed a patent and technology license agreement with the University of.... more
(19 March 2004 20:20)

About the Chemical Heritage Foundation
The Chemical Heritage Foundation (CHF) seeks to advance the heritage and public understanding of the chemical and molecular sciences by operating.... more
(19 March 2004 20:20)

Tosoh Corp faces rising costs
NEUTRALISING the impact of high energy and freight costs and figuring out a way to strengthen its position in the vinyl business rank high in Tosoh.... more
(19 March 2004 10:44)

Mitsui opts for larger units
MITSUI & Co will reduce the number of its business units from 20 to 13 from 1 April 2004 more
(19 March 2004 10:44)

Expansions at SunAllomer
SUNALLOMER is undergoing a capacity-expansion programme that will focus initially on debottlenecking of its plants. more
(19 March 2004 10:44)

Covion in Taiwan, eyes China market
COVION Organic Semiconductors and GrandTrend have formed a strategic alliance through which the latter will market and sell Covion’s organic.... more
(19 March 2004 10:44)

Global roundup: specialities
Crompton will plead guilty to US and Canadian charges of price-fixing in the international rubber chemicals market and pay fines totalling.... more
(19 March 2004 10:44)

Teijin plans yarn plant in Nantong
TEIJIN Modern Yarn, a subsidiary of Teijin Fibers, plans to build a plant for commingled and textured yarn in Nantong, China, that will cater to the.... more
(19 March 2004 10:44)

CPC opts for one price formula
NESE Petroleum Corp (CPC) has switched from two pricing formulas to just one more
(19 March 2004 10:44)

Hyosung spends big on Spandex
IN RESPONSE to rising global demand for the material, Hyosung will invest about Won180bn (US$155m) in an 18 000 tonne/year Spandex plant in Zhuhai,.... more
(19 March 2004 10:44)

Muddled markets
Malini Hariharan tries to make sense of what is happening in the olefin and polyolefin markets, where a confusing situation has become worse more
(19 March 2004 10:44)

A return to the peak?
Despite the recent fall in polymer prices, Asian olefins and polyolefins producers have reasons to be optimistic. Market fundamentals are good. And.... more
(19 March 2004 10:44)

Regal to start up PP in Jan 2005
REGAL Petrochemical has scheduled the startup of its polypropylene (PP) project in Bandar Imam, Iran, for 29 January 2005 more
(19 March 2004 10:44)

First phenol facility for Iran
PARS Phenol is to build a phenol-acetone plant in Iran more
(19 March 2004 10:44)

Behran plans carbon black site
Behran Oil Co plans to build a 30 000 tonne/year carbon black facility in Iran more
(19 March 2004 10:44)

Eye on PO-polyols
Kharazmi Petrochemical is considering investing in an integrated propylene oxide (PO) and polyether polyols unit in Iran more
(19 March 2004 10:44)

SCIC to hike Shiraz paraformaldehyde
SINA Chem Industries Co (SCIC) plans to expand its 1200 tonne/year paraformaldehyde plant in Shiraz, Iran, to 3000 tonne/year more
(19 March 2004 10:44)

HPL to cut PE exports, up domestic sales
HALDIA Petrochemicals Limited (HPL) is planning to reduce polyethylene (PE) exports in phases over the next three years and increase domestic sales.... more
(19 March 2004 10:44)

Iran’s NPC eyes PTA in China
IRAN’s National Petrochemical Co (NPC) is considering investing in purified terephthalic acid (PTA) project(s) in China more
(19 March 2004 10:44)

No 12 to include styrene, feed more derivatives
THE downstream product slate of National Petrochemical Co’s (NPC’s) Olefins No 12 project in Assaluyeh, Iran, will include styrene as well as more.... more
(19 March 2004 10:44)