ICIS - Search Articles by Date : May 31 2004 - June 06 2004

25 years ago
ECN 4 June 1979 more
(04 June 2004 19:18)

People on the move
American Chemistry Council The American Chemistry Council has named Reilly Industries’ retired chairman Thomas Reilly as its new interim.... more
(04 June 2004 19:18)

Jobs and People
Andrew P. Aromando more
(04 June 2004 19:35)

Petrochemicals in Brief
BASF AG will increase the price of 1,4-butanediol and its derivatives effective June 1. The price of 1,4-butanediol will increase by €0.10 per.... more
(04 June 2004 19:35)

Petrochemical Prices
PETROCHEMICAL PRICES more
(04 June 2004 19:35)

Select Antisense Drugs in the Late-Stage Pipeline
Select Antisense Drugs in the Late-Stage Pipeline Drug Company Indication Status Genasense Genta Chronic Lymphocytic Leukemia .... more
(04 June 2004 19:35)

Antisense After Genasense: Can It Fulfill the Promise?
When high profile and lucrative development agreements brought anti-sense therapeutics into the spotlight, the potential for the drug class appeared.... more
(04 June 2004 19:35)

IT in Brief
SAP at Sapphire more
(04 June 2004 19:35)

Financial Insights: Foreign Direct Investment: Globalization at a Crossroads
Contrary to the belief that US manufacturers are focusing the majority of their investments in low-cost regions, many US organizations are, in fact,.... more
(04 June 2004 19:35)

Foreign Direct Investment: Regional Trends
Preliminary 2003 data is not available by region and country, so Deloitte analyzed actual results from 2002, the latest year for which such detailed.... more
(04 June 2004 19:35)

Rhodia’s Siloa Offers a Third Way for Silica
Rhodia Silica Systems is counting on its new Siloa synthetic silica tobridge the gap between precipitated and fumed silica. The company’s new Siloa.... more
(04 June 2004 19:35)

Specialties Pricing
Albemarle Corp. has increased global prices on all grades of its ADMA and DAMA tertiary amines by 10 to 15 percent, effective June 2. more
(04 June 2004 19:35)

Teknor Apex Considers Vinyloop Plant
Teknor Apex, a Pawtucket, R.I.-based plastics company, is undertaking a feasibility study that could lead to the construction of a plant based in the.... more
(04 June 2004 19:35)

DuPont Expands Crop Tech Platform With Verdia
DuPont will pay $64 million in cash to capture the Redwood City, Calif.-based plant sciences company Verdia Inc., a wholly owned subsidiary of.... more
(04 June 2004 19:35)

Wego Is Set To Expand TDO Capacity
Following its acquisition of Degussa’s thiourea dioxide (TDO) business, Wego Chemical and Mi-neral Corp. has set about expanding its own operations.... more
(04 June 2004 19:35)

Pozen Hit by Drug Disappointment, Stock Falls
Pozen Inc. was caught off guard last week when the Food and Drug Administration (FDA) rejected its migraine treatment MT 100, a combination of.... more
(04 June 2004 19:35)

Senate Delays Class Action Legislation
Senate Majority Leader Bill Frist (R-Tenn.) agreed last week to delay action on an industry-backed bill that would reform the class-action lawsuit.... more
(04 June 2004 19:35)

Just a bit too optimistic?
Delegates at this year’s Apic conference had a resolute air of optimism. This was hardly surprising after the setbacks of the last seven years..... more
(04 June 2004 18:42)

BP restructuring shocks staff, but it could work
IMAGINE waking up one morning to discover that the businesses you have spent years integrating are to be split, partially at least, in order to keep.... more
(04 June 2004 18:42)

New Projects Summary
Reported in ACN 31 May-6 June 2004 more
(04 June 2004 18:42)

SDK plans more new grades
SHOWA Denko (SDK) expects to achieve annual isocyanate monomer sales of ‘a few hundred million yen’ in 2004-2008 and of Yen2bn (US$17.86m) in 2009, a.... more
(04 June 2004 18:42)

Specialities roundup
CANADA’s Competition Bureau has fined Crompton C$9m (US$6.6m) for its role in a price-fixing conspiracy in Canadian rubber chemicals. A senior.... more
(04 June 2004 18:42)

TRI seeks stake in biotech start-ups
TAKEDA Research Investment (TRI) is looking at several hundred biotechnology companies in the US and Europe, with a view to investing in a few of.... more
(04 June 2004 18:42)

Attacks to keep premium up
THE bad news for petrochemical companies in Asia following the recent terrorist attacks in Saudi Arabia is that the risk premium on crude-oil prices.... more
(04 June 2004 18:42)

New firm eyes $230m-240m styrene sales
TAIYO Oil’s subsidiary, Taiyo Petrochemical, is looking forward to ‘good’ styrene sales of US$230m-240m this year, according to a Taiyo Petrochemical.... more
(04 June 2004 18:42)

Sumitomo considers aromatics at Rabigh
SUMITOMO Chemical will consider producing aromatics at its proposed ethane-based 1.3m tonne/year petrochemical complex in Rabigh, Saudi Arabia, said.... more
(04 June 2004 18:42)

Sharq MEG start-up in 2008
SHARQ will bring onstream a 625 000 tonne/year monoethylene glycol (MEG) plant in Al-Jubail, Saudi Arabia, in Q1 2008, a company official confirmed.... more
(04 June 2004 18:42)

LG Chem changes direction
LG CHEM is planning major changes in the next five years. The South Korean petrochemical major, aims, within that timeframe, to become much more of.... more
(04 June 2004 18:42)

Butadiene market on a roll
THE bull run in Asian butadiene markets looked set to continue last week, as tight supply, rising crude values, and strengthening derivatives prices.... more
(04 June 2004 18:42)

High US natgas prices drive up methanol
ASIAN methanol and MTBE buyers have begun feeling the pinch of high natural-gas prices in the US, which have been responsible for a sharp increase in.... more
(04 June 2004 18:42)

LC freeze hits aromatics traders
SMALL traders and buyers of aromatics in China were last week feeling the impact of the government-led freeze on issuing letters of credit (LCs). more
(04 June 2004 18:42)

Global roundup
From stories supplied by the CNI and ACN teams more
(04 June 2004 18:42)

Study on Hyundai C2 expansion
LG CHEM will undertake a study into the possible expansion of the No 1 or No 2 cracker of Hyundai Petrochemical, which it has acquired along with.... more
(04 June 2004 18:42)

Acrylic-acid plant planned for China
LG CHEM is looking to build a world-scale acrylic-acid plant in central or southern China, the company’s chief executive officer (ceo), No Ki-Ho,.... more
(04 June 2004 18:42)

LG Chem eyes Tianjin for EDC-VCM project
LG CHEM prefers Tianjin as the site for a 300 000 tonne/year ethylene dichloride (EDC) and a 350 000 tonne/year vinyl chloride monomer (VCM) plant in.... more
(04 June 2004 18:42)

China ABS decision in Q4
LG CHEM plans to decide on its proposed worldscale acrylonitrile butadiene styrene (ABS) plant in southern China in Q4 this year, the company’s chief.... more
(04 June 2004 18:42)

Lidong names turnkey contractor
QINGDAO Lidong Chemical Co has appointed LG Engineering & Construction as the turnkey contractor for its aromatics project in Qingdao, Shandong,.... more
(04 June 2004 18:42)

Cementhai in hdPE jv talks
CEMENTHAI Chemicals is in talks with Iran’s National Petrochemical Co (NPC) and Itochu on forming a joint venture for a 300 000 tonne/year.... more
(04 June 2004 18:42)

Fujian eyes 2007 start-up
FUJIAN Petrochemical aims to start up its joint-venture 800 000 tonne/year cracker project by the end of 2007, according to sources close to the.... more
(04 June 2004 18:42)

Mitsubishi to expand cracker
MITSUBISHI Chemical is to install a cracking unit which will change the operating mode of its 435 000 tonne/year No 2 cracker in Kashima, Japan. more
(04 June 2004 18:42)

Dalian Shide plans cracker
DALIAN Shide Group is doing a preliminary feasibility study on an integrated refinery-cracker project in the Shuangdao Bay Chemical Industrial Park,.... more
(04 June 2004 18:42)

Qafac mulls world’s largest methanol project
QATAR Fuel Additives Co (Qafac) is considering building a new methanol plant with a capacity of 6750 tonne/day (2.2m tonne/year), which would make it.... more
(04 June 2004 18:42)

IOC: Why we picked Panipat
INDIAN Oil Corp’s (IOC’s) decision to locate its cracker project in Panipat, Haryana, India, was driven by feedstock availability, price, and.... more
(04 June 2004 18:42)

Market Trends: Phenol shoots up
Tight supply and rising benzene costs cause phenol prices to surge further. The spike in crude pushes up toluene and styrene. Paraxylene is subdued more
(04 June 2004 18:42)

Market Trends: Butadiene sets record
Tight supply pushes butadiene price to all-time high. Asian naphtha unaffected by surge in crude caused by terrorist attacks. Propylene, however, is.... more
(04 June 2004 18:42)

Campaign: Bayer’s sound system talks through walls
A speaker-free wall sound system, where the walls, ceilings and even floors produce the sound, was officially unveiled in Germany last week by Bayer.... more
(04 June 2004 19:18)

Campaign: A new dimension to plasma technology
A novel coatings procedure using atmospheric pressure plasma technology, developed by Dow Corning, is threatening more conventional coatings methods.... more
(04 June 2004 19:18)

Campaign: Plextronics secures funds for growth
US conductive polymer start-up company Plextronics has closed a $3.4m financing package, which will give it working capital and allow expansion of.... more
(04 June 2004 19:18)

Plastics Monitor: Oil highs alter market dynamics
Escalating feedstock prices have altered supply/demand dynamics. European buyers and sellers forsee a hike in production costs affecting polymer.... more
(04 June 2004 19:18)

Final frontier is Reached?
The set of proposals that constitute Reach ‘should be regarded as final’. This is one of the conclusions from a report prepared by investment bank.... more
(04 June 2004 19:18)