ICIS - Search Articles by Date : October 17 2005 - October 23 2005

Product Profile: SAP
8-21 August 2005 more
(19 October 2005 13:15)

Sasol and ChevronTexaco look to Algerian GTL build
South Africa’s Sasol and its US partner ChevronTexaco have bid to build a 34 000 bbl/day gas-to-liquids (GTL) plant in Algeria, Sasol said last week..... more
(18 October 2005 12:29)

Acrylic acid makers offset soaring price of propylene
With fourth quarter (Q4) acrylic acid contract discussions under way and expected to settle within a matter of weeks, European sellers have announced.... more
(18 October 2005 12:32)

Olefins under pressure
A mass of unexpected production difficulties in the European olefins production network continues to fuel extraodinarily high spot prices. more
(18 October 2005 12:33)

Schröder and Schmolt feel vindicated by poll results
The German electorate wants socially balanced reform, outgoing chancellor Gerhard Schröder said in a speech to the general assembly of the chemicals.... more
(18 October 2005 12:29)

Ineos wins the buying race to bec ome Innovene champion
Ineos group Holdings has won the race to buy Innovene – BP’s olefins, derivatives and refining subsidiary – for $9bn, creating a new company with.... more
(18 October 2005 12:30)

Who is the weakest link?
Companies need to be anticipating product stewardship issues and taking action now, reports Chris Eacott more
(22 October 2005 10:27)

Hydro’s fjord fiesta
Hydro Polymers is investing upstream in Scandinavia and mulls PVC options, reports Elaine Burridge more
(22 October 2005 10:27)

Injection moulding sees rapid change
The injection moulding industry in central Europe has undergone unprecedented change over the past decade, with a number of private companies.... more
(22 October 2005 10:27)

Mercury cool-down
The use of mercury in chlor-alkali production is being superceded by membrane, writes Andy Brice more
(22 October 2005 10:27)

IN BRIEF: Markets Watch
Degussa Announces a Rejig To Vestowax Range more
(22 October 2005 10:27)

NEW PROJECTS: Roundup
Azot fergana to build diacetate facility more
(22 October 2005 10:27)

Where is the interest in product stewardship?
Many producers are practising product stewardship, but there seems to be reluctance to enter a debate on this initiative, either by industry or NGOs..... more
(22 October 2005 10:27)

Solvents continue upwards surge
Acetone spot prices increased in October on the back of higher propylene costs and tighter supply. Hikes of up to €150-170/tonne were applied to.... more
(22 October 2005 10:27)

Prices quieten down after steep rises
Naphtha slipped to $535-545/tonne cif NWE, falling steadily through the week. Higher refinery product and crude oil inventories in the US have.... more
(22 October 2005 10:27)

REPORTED IN ECN 17-23 OCTOBER 2005
REPORTED IN ECN 17-23 OCTOBER 2005 more
(22 October 2005 10:27)

People on the move
DAVID LONG, vice president of finance and Asia at speciality chemicals firm Sartomer, has been asked to lead a new Asian division at the company. more
(22 October 2005 10:27)

European Chemical News 20 years ago
28 October 1985 more
(22 October 2005 10:27)

Pensions restructuring hits German chemicals firms
German chemicals producers are changing the way they account for pensions, restructuring balance sheets and improving their use of capital. more
(22 October 2005 10:27)

Sud-Chemie sells business
Sud-Chemie is selling its performance additives business to US-listed Rockwood Specialties Group for an undisclosed sum. more
(22 October 2005 10:27)

DSM expands Chinese resin base
DSM has bought Syntech, a Chinese company that makes and sells liquid coating resins, such as alkyds, polyesters, amino resins and acrylic resins,.... more
(22 October 2005 10:27)

FGTB approves Ineos buyout
Belgium’s Fédération Générale du Travail de Belgique (FGTB) trade union has reacted favourably to Ineos’ proposed purchase of Innovene, BP’s olefins.... more
(22 October 2005 10:27)

BP retains Malaysia interests
Two of Innovene’s joint ventures in Malaysia were excluded from the deal that saw the former BP subsidiary sold to Ineos two weeks ago, a source.... more
(22 October 2005 10:27)

PAI buys out Sydsvenska
Industri Kapital has sold Sydsvenska Kemi, holding company for Swedish speciality chemicals group Perstorp, to European private equity firm PAI. more
(22 October 2005 10:27)

BUSINESS UNITS TO BE DIVESTED
Akzo Nobel is progressing well with its latest tranche of business unit disposals that are part of its plan to shape its chemicals division for the.... more
(22 October 2005 10:27)

IN BRIEF: News Watch
DuPont to buy filament manufacturer Pedex more
(22 October 2005 10:27)

Union rejects pay offer
France’s chemicals employers may impose wage rises on their lowest paid workers, if they and unions cannot reach an agreement by 19 November. more
(22 October 2005 10:27)

Altana may sell pharma division
German pharmaceuticals and chemicals manufacturer Altana may be planning to sell its $2bn pharmaceuticals division for as much as $7bn, reports last.... more
(22 October 2005 10:27)

IN BRIEF: News Watch
Borealis’ ownership change is now complete more
(22 October 2005 10:27)

GLOBAL ROUNDUP: Business
Polyurethanes are up 10.8%, survey claims more
(22 October 2005 10:27)

Less disease with Reach, says study
A study carried out at the UK’s Sheffield University has concluded that Reach would help avoid some 50 000 cases of occupational respiratory disease.... more
(22 October 2005 10:27)

EU excludes decaBDE from restrictions
The brominated flame retardant decaBDE has been exempted from the EU’s directive on Restriction of Hazardous Substances (RoHS). The decision came.... more
(22 October 2005 10:27)

UK proposal gets broad support from Council
Last week’s meeting of the Commission’s Environment Council saw continued backing for the compromise proposal put together by the UK in its role as.... more
(22 October 2005 10:27)

Ineos to exploit big synergies
Company to borrow $9 billion to finance Innovene deal. Joseph Chang reports more
(17 October 2005 13:43)

Adhesives and sealants sector: prices up, consolidation continues
Despite skyrocketing raw material and energy costs, this mature market may have strength left in it with segments poised for growth and innovation..... more
(17 October 2005 13:49)

Ethylene tightens on Formosa news
Still grappling with recovery from hurricanes Katrina and Rita, the US ethylene market has been forced to absorb another blow—the explosion of.... more
(17 October 2005 13:51)

Ineos throws wrench in commodity markets
Ineos’s planned purchase of BP’s Innovene inserts considerable uncertainty into the medium-term structure of a number of commodity markets. more
(17 October 2005 13:46)

DuPont to take $150MM profit hit
DuPont will take a $150 million hit to third-quarter earnings from hurricane-related costs such as clean-up, restoring operations, lost inventory and.... more
(17 October 2005 13:52)

Arsenal’s acquisition kick continues
Less than a week after spending $250 million to acquire a controlling interest in Reilly Industries, Arsenal Capital Partners, a New York-based.... more
(17 October 2005 13:45)

PHOTO CAPTION: The closure will trim US fatty acid capacity.Twin Rivers closes fatty acid plant
more
(22 October 2005 12:03)

Genzyme and Gilead have a profitable 3Q
more
(22 October 2005 12:03)

Acquisitions boost Novartis in 3Q
more
(22 October 2005 12:03)

Novatek aims for Russian complex
Russian petrochemical producer Novatek signed a memorandum of understanding with the Titan group, another Russian producer, to build a petrochemical.... more
(22 October 2005 12:03)

Plastic additives fight for margins
Plastic additives makers are increasing prices—not only to respond to increasing feedstock costs or shortages caused by the recent hurricanes in the.... more
(22 October 2005 12:03)

PPG paints profit picture
PPG Industries Inc.’s underlying profits slipped just 1 percent to $196 million in the third quarter on 6 percent higher sales of $2.55 billion..... more
(22 October 2005 12:03)

Rockwood bolsters additives business
Specialty chemicals firm Rockwood Holdings Inc. has acquired Süd-Chemie AG’s performance additives business, which had about €42 million ($50.... more
(22 October 2005 12:03)

Roche flies on Tamiflu
Roche Group reported stellar third-quarter results on the back of heavy demand for its antiviral Tamiflu in preparation for an outbreak of avian flu. more
(22 October 2005 12:03)

Altana sale feasible
The sale of Altana’s pharmaceuticals division would make sense under certain conditions, according to an investment banker who previously advised the.... more
(22 October 2005 12:03)

Chemtura opts out
Because enough plaintiffs have opted out of a price-fixing suit against Chemtura Corp., the company is rescinding part of its class-action settlement.... more
(22 October 2005 12:03)

Rohm & Haas beats Street but guides low
Rohm and Haas Company posted an 8 percent gain in third-quarter profits to $169 million on 8 percent higher sales of $1.95 billion. Earnings per.... more
(22 October 2005 12:03)