ICIS - Search Articles by Date : July 29 2002 - August 04 2002

DSM decides to divide business in two
DSM is to split its fine chemicals business into separate pharmaceutical products and fine chemicals units from 1 July. more
(31 July 2002 12:47)

Currency ebb and flow disrupts pharma margins
Currency fluctuations in the second quarter generated some uncertainty for Europe's pharmaceutical majors. more
(01 August 2002 16:55)

More firms may be included in resins merger
Pla-Net Holdings may in the future look at including more Japanese trading majors in the merged company more
(02 August 2002 15:20)

India's glass makers may take on soda ash producers
Indian glass makers will decide early next month whether they should take Indian soda ash producers to court for allegedly indulging in.... more
(02 August 2002 15:20)

Sinopec's December layoff plans face resistance
Sinopec is unlikely to meet its target to lay off about 20 000 workers by December this year more
(02 August 2002 15:20)

South Korea finalises new tax perks
South Korea's Ministry of Commerce, Industry and Energy (Mocie) last week finalised a package of tax incentives which will exempt foreign companies more
(02 August 2002 15:20)

IOC, TCGand West Bengal break Haldia impasse
Indian Oil Corp (IOC), the West Bengal government and The Chatterjee Group (TCG) have drawn up a new proposal that would enable IOC to take a 26%.... more
(02 August 2002 15:20)

Nanjing park to list in 4-5 yrs
Nanjing Chemical Industry Park (NCIP) intends to list on the Shanghai stock exchange in 4-5 years more
(02 August 2002 15:20)

Indonesia factfile
Hints and tips for business in Indonesia, plus useful contacts more
(02 August 2002 15:20)

Need for more legal reform
The lack of restraint in the way judicial discretion can be exercised has held creditors back from insolvency procedures. Theodoor Bakker (left) and.... more
(02 August 2002 15:20)

Dawn of a new era?
Indonesia is in a state of transition. But it still confronts some old political and economic challenges, and an elephantine legal system in dire.... more
(02 August 2002 15:20)

ABS: $50-100 hike?
Asian ABS producers, citing higher feedstock costs, are seeking a US$50-100/tonne increase for first-half August cargoes more
(02 August 2002 15:20)

Rising feedstock costs lift PS prices
PS prices have started rising due to higher styrene feedstock costs more
(02 August 2002 15:20)

Acrylonitrile buyers reject hike of $30-70
Acrylonitrile buyers last week refused to accept a US$30-70/tonne hike in August spot prices despite tight availability more
(02 August 2002 15:20)

PTA offers leap to $520-525
PURIFIED terephthalic acid (PTA) pro-ducers last week revised offers upwards by US$40-45/tonne from end-July to US$520-525/tonne cfr China amid.... more
(02 August 2002 15:20)

Styrene players are split on price trend
Asian styrene buyers and sellers crossed swords last week on future market direction, with producers insisting that prices are set to spike further.... more
(02 August 2002 15:20)

Buyers rush for C2 + C3 ahead of NEA turnaround
Ethylene and propylene buyers were scrambling last week to cover their requirements for the next six weeks on fears that supplies would tighten.... more
(02 August 2002 15:20)

Yangzi Petchem new PTA in August
Yangzi Petrochemical's 350 000 tonne/ year purified terephthalic acid (PTA) expansion will be completed in 1-2 weeks, six months ahead of schedule more
(02 August 2002 15:20)

Market trends: Styrene shoots up $50
Orthoxylene and phenol jump up as well but paraxylene falls.Most other aromatics hold steady more
(02 August 2002 15:20)

Market trends: Propylene surges $40
Ethylene climbs by $5 while no deals were reported for butadiene. MTBE markets were also subdued more
(02 August 2002 15:20)

New projects summary
As reported in ACN 29 July - 4 August 2002 more
(02 August 2002 15:20)

Karun to shortlist EP contractor for Iran TDI
Karun Petrochemical expects to shortlist in August at least three local and three foreign engineering and construction (EP) contractors for its 40.... more
(02 August 2002 15:20)

Finolex likely to decide on PVC by Sept
Finolex Industries is likely to decide on its 120-130 000 tonne/year PVC project in Ratnagiri, Maharashtra, India, by September more
(02 August 2002 15:20)

Guangzhou C2 will not be scrappedor replaced
Guangzhou Petrochemical's cracker will not be scrapped and replaced by a greenfield cracker at the same site more
(02 August 2002 15:20)

Gravy train to success
What makes Canada propitious when other areas of the US seem to be on hold in terms of profitability and investment? Rob Winder finds out more
(02 August 2002 15:41)

Climbing out of the trough
The economic upturn is holding firm as most major markets recover from last year's economic low. But wavering consumer confidence, uncertain demand,.... more
(02 August 2002 15:41)

Tunnel vision
The asbestos litigation debacle shows no signs of abating, especially while the US legal system allows huge sums of money to be paid to people.... more
(02 August 2002 15:41)

Planning the next move
Are US companies lying low, waiting to pounce on investment opportunities post economic meltdown? Muriel Cozier reports more
(02 August 2002 15:41)

All sites on security
Security is high on the US administration's agenda, hence the setting up of a new department. How will this and the Chemical Security Act impact the.... more
(02 August 2002 15:44)

Signs of recovery
Chemical players continued to struggle throughthe second quarter with few able to match last year's results. Ferro, GE and Praxair, however,have.... more
(02 August 2002 15:46)

Cold comfort for petchems
Signs of recovery in the petrochemical sector indicate that the downturn may be over, at least for the time being. Hilfra Tandy and John Hoffman look.... more
(02 August 2002 18:16)

Alternative PVC resin hits production
Asahi Kasei is commercialising its SOE-SS series of polymer materials suitable as a substitute for flexible PVC (f-PVC) more
(02 August 2002 18:17)

Streamlining global divisions
Daiichi Pharmaceutical is to unify its fine chemicals operations. more
(02 August 2002 18:17)

News in brief
BASF to distribute Rutherford Chemical's Nepera has appointed BASF to distribute its Niacinamide and Niacin USP (Vitamin B3) products in the.... more
(02 August 2002 18:17)

Plastics monitor: Prices consolidate in stable market
Feedstock supplies have improved, with most European crackers now back up and running, allowing polyolefins producers to fully access their contract.... more
(02 August 2002 18:17)

News in brief
Jv strengthens firm Lancaster Synthesis has expanded its strength in chiral compounds through a partnership with Toray Industries of Japan..... more
(02 August 2002 18:17)

News in brief
DSM patently top DSM filed 154 patents related to biotechnology with the European Patent Office (EPO) in 2001, making it the number one filer.... more
(02 August 2002 18:17)

People on the move
Copene (Braskem) The Odebrecht-Mariani consortium, majority shareholder in petrochemicals firm Companhia Petroquimica de Nordeste.... more
(02 August 2002 18:17)

20 years ago
ECN 9 August 1982 more
(02 August 2002 18:17)

News in brief
Oestrogen mimics A report by the University of Maryland Biotechnology Institute, US, has found that traces of household products from drains.... more
(02 August 2002 18:17)

Market trends: Propylene prices continue to slide
Lower demand from derivatives is pushing down propylene values, which have dropped back to E475-485/tonne cif NWE. Paraxylene values are rising on an.... more
(02 August 2002 18:17)

Laureate offers more
Laureate Pharma is introducing contract manufacturing services at its two sites in New Jersey, US. more
(02 August 2002 18:17)

Ricerca scoops exclusive global licence
Ricerca Biosciences has received an exclusive worldwide licence to all therapeutic applications resulting from Genset's patent applications more
(02 August 2002 18:17)

Insmed drug in large-scale production
Avecia will develop and manufacture Insmed's drug candidate SomatoKine, and its component proteins. more
(02 August 2002 18:17)

Engelhard site supports sales
Engelhard has launched an e-commerce website that allows customers to purchase emission control technology. more
(02 August 2002 18:17)

Omnexus surplus ventures into Europe
Omnexus has launched a European version of its online excess material service. more
(02 August 2002 18:17)

Atofina controls receivables
Atofina Chemicals has chosen Emagia, the enterprise cash flow management software company, to manage its cash flow from receivables. more
(02 August 2002 18:17)

News in brief
Supporting CIDX v3 ChemConnect has thrown its weight behind version 3.0 of the Chemical Industry Data Exchange's (CIDX) Chem eStandards..... more
(02 August 2002 18:17)

Dow portals offer added value
Dow Chemical has launched two websites for its pharmaceutical services and its Dow Haltermann Custom Processing (DHCP) unit. more
(02 August 2002 18:17)

Syngenta files patent lawsuits
Syngenta has filed lawsuits against Monsanto, DeKalb Genetics, Pioneer Hi-Bred, Delta and Pine Land, Dow AgroSciences and Mycogen Seeds in the.... more
(02 August 2002 18:17)