ICIS - Search Articles by Date : March 29 2004 - April 04 2004

P&G/Kaneka evaluate bio-production sites
Procter & Gamble Chemicals and Japan’s Kaneka have finalised a joint R&D agreement which will lead to the commercialisation of bio-based.... more
(02 April 2004 20:35)

Alliance to develop nanotech
Germany-based speciality chemicals company Altana Chemie has formed an exclusive global partnership with Nanophase Technologies, a company involved.... more
(02 April 2004 20:35)

Amgen Acquires Tularik In a Deal Valued at $1.3 Billion
World leading biotechnologycompany Amgen Inc. is acquiring South San Francisco, Calif.-based Tularik Inc. for $1.3 billion, or $25 per share, in a.... more
(02 April 2004 19:47)

Business In Brief
Degussa Supplies Strem more
(02 April 2004 19:47)

Breaking News Roundup
Sabic Targets Mexico and China more
(02 April 2004 19:47)

Eastman to Revamp Copolyester Business
Eastman Chemical Company is restructuring its copolyester business. The company is closing its plant in Hartlepool, UK, and shifting production to.... more
(02 April 2004 19:47)

Huntsman Speaks Out Against Business as Usual
To survive and succeed in today’s dynamic global petrochemical industry, companies must step beyond the way of doing business in the past by taking.... more
(02 April 2004 19:47)

Monsanto’s Profits Jump 38 Percent
Monsanto (MON) more
(02 April 2004 19:47)

News In Brief
BASF and Huntsman Break Ground in China more
(02 April 2004 19:47)

Jobs and People
David Anderson more
(02 April 2004 19:47)

Spartech to Buy BASF’s European Specialty PS
Spartech Corp. has signed an agreement to acquire BASF AG’s Euro-pean specialty polystyrene (PS) com-pounds business. The acquisition, to take effect.... more
(02 April 2004 19:47)

Equapac on Target for Northwest Chloralkali
Portland, Ore.-based chloralkali marketer Equapac Inc. is building a 220 ton-per-day chloralkali plant using membrane technology in Longview, Wash..... more
(02 April 2004 19:47)

Administration Is Withholding Perchlorate Data, NRDC Charges
Bush administration officials are illegally withholding evidence of defense industry and White House pressure to delay or kill federal health.... more
(02 April 2004 19:47)

Petrochem Executives Discuss Future
In a dramatically shifting glo-bal economy, the future of the petrochemical industry will depend on finding new markets for expansion, as well as.... more
(02 April 2004 19:47)

BP Outlines Two-Track Strategy for Petrochems
BP revealed last week details of a new two-track strategy for its petrochemicals operation that will open the way to a reduction in the size of the.... more
(02 April 2004 19:47)

Agrolinz Looks to Capitalize on NA Melamine
Austrian melamine producer Agrolinz Melamine International anticipates higher sales and a tighter global market in the wake of the recent closing of more
(02 April 2004 19:47)

American Soda Mothballs Soda Ash
American Soda LLP, a subsidiary of Solvay America Inc., will mothball its solution mining and soda ash production in Parachute, Colo. more
(02 April 2004 19:47)

Higher KCC bid for KP turned down
KC HOLDINGS Co (KCC) bid more for the debt-distressed South Korean paraxylene, purified terephthalic acid (PTA) and polyethylene terephthalate (PET).... more
(02 April 2004 20:35)

AVC to seek PVC antidumping tax
AUSTRALIAN Vinyls Corp (AVC) will lodge a petition with the Australian customs department this month in a bid to secure polyvinyl chloride (PVC).... more
(02 April 2004 20:35)

Specialities roundup
AMGEN , the world’s largest biotechnology company, said it would merge with Tularik, a pioneer in gene-regulation treatment of cancer and other.... more
(02 April 2004 20:35)

Mega-merger decision soon
A DECISION will be announced in the next two months on whether a merger of Thailand’s National Petrochemical Co (NPC), Thai Olefins Co (TOC) and.... more
(02 April 2004 20:35)

Dai-Ichi to unveil new business plan
DAI-ICHI Kogyo Seiyaku (DKS) will announce its new four-year business plan later this month, a company source said. more
(02 April 2004 20:35)

Asahi invests US$244m in furnaces and line
ASAHI Glass is investing Yen26bn (US$244m) in two new glass substrates melt furnaces and a polishing line, a company source told ACN. more
(02 April 2004 20:35)

Honam may get option to buy polyester plant
HONAM Petrochemical will have an option to purchase a wholly-owned KP Chemical polyester facility in China if Honam is successful in its bid to buy.... more
(02 April 2004 20:35)

Sinopec explores
Increasing oil reserves, raising refinery operating rates, and building new crackers are part of Sinopec’s game plan for the next few years more
(02 April 2004 20:35)

CNOOC gears up
The company is keen to build its downstream operations. So far, one cracker and a couple of methanol projects have been identified. Is there more on.... more
(02 April 2004 20:35)

Jilin: out of the shadows
After suffering losses for three straight years, Jilin has turned itself around more
(02 April 2004 20:35)

Overcoming a poor location
Beijing Yanhua is located far from the action, but expansions are being planned more
(02 April 2004 20:35)

China seeks balance
Imbalances in China’s economy still need to be resolved. Despite concerns about the economy overheating, the outlook for petrochemical companies.... more
(02 April 2004 20:35)

SPC favoured
SPC is set to add to its C2, C3, and aromatics capacities once it completes its refinery expansion. Analysts believe Sinopec is unlikely to withhold.... more
(02 April 2004 20:35)

Yizheng dominates polyesters
Company is set to enhance its share of China’s fast-growing textile market more
(02 April 2004 20:35)

No end in sight to imbalance in Asian C2, C3 markets?
OPINION was divided late last month, on the sidelines of the CMAI and Dewitt conferences in Houston and the International Petrochemical Conference in.... more
(02 April 2004 20:35)

Guessing game over fall in ammonia prices
AFTER ammonia prices had dropped steadily for the past six weeks, market players were wondering last week if they had hit the bottom. Ammonia had.... more
(02 April 2004 20:35)

Benzene up sharply
Benzene surges on news of blast at BP refinery in US. Styrene shoots up as well, and toluene producers withdraw offers, but mixed xylenes remain.... more
(02 April 2004 20:35)

Ethylene ends slide
But trading is limited with market participants at US conference. The propylene and MTBE markets are quiet, and butadiene is stable more
(02 April 2004 20:35)

New Projects summary
REPORTED IN ACN 15-21 MARCH 2004 more
(02 April 2004 20:35)

Luoyang plans PET, PSF units
LUOYANG Hongda Shiye Co plans to build a 180 000 tonne/year polyethylene terephthalate fibre-grade unit and a 150 000 tonne/year polyester staple.... more
(02 April 2004 20:35)

Sinochem builds 1mta NPK units
SINOCHEM is building a 1m tonne/year nitrogen-phosphate-potassium (NPK) compound fertiliser project. more
(02 April 2004 20:35)

Yong Cheng opts for Shell’s technology
YONG Cheng Coal & Electricity (Group) has chosen Shell’s coal-gasification technology for its 800 000 tonne/year two-phase methanol.... more
(02 April 2004 20:35)

NPC mulls bigger cracker
THAILAND’s National Petrochemical Co (NPC) may build a 500 000-600 000 tonne/year cracker rather than the earlier-announced 400 000 tonne/year.... more
(02 April 2004 20:35)

BASF: China to be main base
BASF will make China its production base for 70% of what it sells in the Asia-Pacific by 2015. more
(02 April 2004 20:35)

Shanghai Huayi considers fine chemicals
SHANGHAI Huayi (Group) Co is considering investing in fine-chemicals projects in the Shanghai Chemical Industry Park (SCIP), said the company’s.... more
(02 April 2004 20:35)

Iran’s first H2O2
MOZHDE Chemi Co is considering investing in a hydrogen peroxide (H 2 O 2 ) project in Iran. A source said the project was still preliminary, and.... more
(02 April 2004 20:35)

PIIC postpones start-up of VCM-PVC project to end-2006/early 2007
PETROCHEMICAL Industries Investment Co (PIIC) has delayed the start-up of its vinyl chloride monomer (VCM)-polyvinyl chloride (PVC) project to.... more
(02 April 2004 20:35)

Acetic acid planned in Shaanxi
SHAANXI Tianqiao Huanbohai Chemical plans to build a 150 000 tonne/year acetic acid facility in Yulin, Shaanxi, China, a company official said. more
(02 April 2004 20:35)

100 ktpa PVC unit in Qinghai
QINGHAI Salt Lake Potash Co plans to build a 100 000 tonne/year polyvinyl chloride (PVC) facility in Geermu, Qinghai, China. A company.... more
(02 April 2004 20:35)

Chem-wire Express Japan
Chem-wire Express Japan: Edition of 26 March Basic and Fine Chemicals Sanyo Chemical Industries plans to increase the output capacity.... more
(29 March 2004 04:37)

Chem-wire Express Japan
Chem-wire Express Japan: Edition of 29 March Basic and Fine Chemicals Sumitomo Bakelite will strengthen operations for push-through pack.... more
(30 March 2004 04:26)

Chem-wire Express Japan
Chem-wire Express Japan - edition of 30 March (Notice: This will be the final edition of Chem-wire Express Japan to be published on CNI.) .... more
(31 March 2004 07:18)

Aventis hands back drug rights
Aventis Pharmaceutical has returned European marketing rights to Dynepo, an anaemia drug, to the biopharmaceutical company Transkaryotic Therapies.... more
(02 April 2004 20:35)