Top of the News

Perdaman Builds Huge Ammonia/Urea Complex in Australia Based on Coal

5:51 AM EDT | July 3, 2009 | Natasha Alperowicz

Perdaman Chemicals and Fertilisers (Perdaman; Perth, Australia) says it will spend A$3.5 billion ($2.8 billion) to build a huge ammonia/urea complex based on coal. The project, dubbed the Collie urea project in Western Australia, will be based at the...

Asahi Kasei and Teijin to Dissolve PTT Fibers Joint Venture

12:01 AM EDT | July 3, 2009 | Deepti Ramesh

Asahi Kasei Fibers (AKF), an Asahi Kasei subsidiary, and Teijin Fibers, a subsidiary of Teijin, say that they will dissolve their Solotex (Osaka) joint venture for polytrimethylene terephthalate (PTT) fibers, by the end of March 2010 due to poor...

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THIS WEEK



AllessaChemie Restructures, Drives Innovation in Bid to Return to Growth

Specialty chemicals firm AllessaChemie’s (Frankfurt) heralded growth of a year ago has deserted the firm and to reduce costs it is restructuring the business. The firm’s restructure, the first for more than three years, will lead to 80 redundancies...
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Americas

Sekisui Completes Acquisition of Celanese’s PVOH Business

1:53 AM EDT | July 2, 2009 | Deepti Ramesh

Sekisui Chemical (Osaka) says it has completed the previously announced acquisition of the polyvinyl alcohol (PVOH) business of Celanese, for a price of about $173 million, excluding the value of accounts receivable and payable retained by Celanese. Plans for...

Europe

Novasep Buys Biopharmaceuticals Contract Manufacturer

9:28 AM EDT | July 3, 2009 | Alex Scott

Novasep (Pompey, France), a fine chemicals contract manufacturer, says it has acquired Henogen (Brussels), a bioprocess development specialist and contract manufacturer of biopharmaceuticals. Financial terms were not disclosed. Henogen will become part of...

FURTH ANNUAL GPCA FORUM

CHEM IDEAS BLOG

Swedish Presidency On a Tight Rein?

by Kathryn Sheridan of Sustainability Chemsult

Asia/Pacific

Residents Oppose Sinopec Para-Xylene Project at Maoming

2:26 AM EDT | July 3, 2009 | Deepti Ramesh

The Ministry of Environmental Protection (MEP; Beijing) says that Sinopec subsidiary Sinopec Maoming is facing strong protests from residents at Maoming, China against the company’s planned para-xylene plant at Maoming. Local residents say that the site...

Mideast/Africa

Linde Awarded Mega Cracker Contract by Borouge

6:54 AM EDT | July 2, 2009 | Natasha Alperowicz

Borouge, a joint venture between Abu Dhabi National Oil Company and Borealis, says it has awarded a $1.075 billion lump sum turnkey contract to Linde for its previously announced 1.5 million m.t./year ethylene plant at Ruwais, Abu Dhabi. The ethane...

Viewpoint

Enabling Recovery

10:53 AM EDT | June 29, 2009

Chemical makers have moved beyond the shock of the sharp demand declines that have cut profits and sales since late 2008. Conditions are no longer getting worse in most regions, and attention is turning to how to manage recovery. Robert68-bw.jpeg Two features...

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