Chemicals
Jan 18th, 2011
Vinyls Italia to Restart PVC Production
Vinyls Italia is planning to restart its PVC plants in Italy in March 2011, after a break of almost two years, as a Russian-Swiss fund presents a final offer to buy the Italian producer.
The company halted three plants at Porto Marghera, Porto Torres and Ravenna.
Vinyls Italia closed in May 2009, when the PVC producer went...
Jun 16th, 2010
Dried Fruit Porduced in Uzbekistan Have Unique Taste
Uzbekistan is one of the largest producers of Dried Fruit of unique taste and qualities. Interest for direct products manufactured without chemicals and additional processing is growing worldwide. Uzbekistan has advantages in this respect as their basic property of Fruit grown and dried in this country is their “naturalness” – the natural process of drying...
Apr 1st, 2010
Paraxylene (PX) 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – Demand on Paraxylene in Europe has been affected by the global downturn. The market ground to a standstill in late 2008 and production was reduced. An expected slow recovery in demand will lead to excess capacity worldwide of nearly 11.5m tones/year in a market of 28.8m tones/year in 2011. Demand from Central Europe...
Jan 19th, 2010
Harmonised Classification & Labelling of Three Chemical Substances
The European Chemicals Agency has published on its website a public consultation on the proposal to harmonise the classification and labelling of three chemical substances. Comments are welcome on the proposal until 3 of March 2010. All comments will be taken into account in the subsequent decision-making process.
White spirits (Denmark)
Stoddard solvent (USA term for...
Jan 18th, 2010
Lower Naphtha Imports from Europe Likely to Asia on Rising Freight, Stronger Premiums on Fresh Bookings
Asia is likely to see a lower pool of naphtha imports from Europe, as freight costs increase and premiums get stronger, restricting fresh bookings, as per ICIS. The arbitrage window was effectively closed, as the economics of the East-West spread had narrowed to US$17-18/ton from around US$22/ton. This is expected to further pressurize naphtha supply...
Jan 15th, 2010
ECHA adds 14 chemical substances to Candidate List
The European Chemicals Agency has added 14 chemical substances1 to the Candidate List of Substances of Very High Concern (SVHC) for authorisation. Companies manufacturing or importing these substances need to check their potential obligations that result from the listing.
The substances which ECHA added on the Candidate List are listed below. Decisions onwhether the substances need...
Dec 29th, 2009
IMPROVED OUTLOOK FOR POLYMERS IN EUROPE BUT RUN RATES TO REMAIN LOW
Plants and production sites across Europe have been running significantly below capacity in a bid to cope with lower demand. Improvement in demand is anticipated in 2010, but utilisation is expected to remain below pre-economic-slowdown levels as per ICIS. The European markets saw huge destocking in 2009 that resulted in companies running plants at lower...
Dec 23rd, 2009
PCC Bids for Polish Chemical Firms
German chemical group PCC has placed its bid to acquire a controlling stake in three Polish chemical companies, Ciech CECH.WA, Tarnow ATTP.WA and ZAK Poland.
The sale, as part of the country’s massive privatisation programme, is expected to generate nearly $12.3bn (PLN36bn) by the end of 2010 to finance a budget gap, according to Reuters.
At the...
Dec 22nd, 2009
Merck Expands Chemical Research Centre in the UK
Merck has expanded its Advanced Technologies Centre at Chilworth near Southampton in the UK, which entailed a $4.3bn (€3bn) investment in technical facilities for research and product development purposes.
The expansion has resulted in the creation of 20 jobs for scientists and technical experts specialising in chemistry, physics, application technology and analysis.
Advanced Technologies unit head Dr...
Dec 22nd, 2009
Petrom to Withdraw from Chemical Operations
Romanian oil company Petrom has decided to completely withdraw from the chemical products market, with an aim to increase its integrated operations.
By the end of 2010, Petrom is planning to finalise the deal to sell its petrochemical operations of Arpechim refinery to state-held plant Oltchim, according to zf.ro.com.
Petrom has taken the decision as chemical and...
Dec 21st, 2009
BASF increases Prices for Wet End Paper Chemicals
Effective January 1, 2010, or as contract terms allow, BASF will be increasing its sales prices for all Wet End Paper Chemicals up to 20% in Europe, the Middle East and Africa.
As a leading supplier BASF develops, produces and markets chemicals for the paper industry for the manufacture of paper and board. Wet-End Chemicals comprise...
Jul 21st, 2009
Tyre Makers in Asia Raise Concerns Over Feedstock BD Surge
SINGAPORE (ICIS news)–Tyre makers in Asia have raised concerns over soaring feedstock butadiene (BD) prices, which may hamper demand recovery and impact on their fourth-quarter (Q4) contract negotiations with the styrene butadiene rubber (SBR) producers.
BD is the feedstock for SBR, which in turn is used in the manufacture of tyres for the automotive industry.
“The feedstock...
Jul 16th, 2009
Asia phenol/acetone makers mull output cut on margin squeeze
Asian phenol and acetone makers are keen on cutting production next month as recent spikes in costs of feedstock benzene and propylene have been eroding their margins, industry sources said on Thursday.
Operating rates at the plants would likely average 70-80% in August from near full capacity currently, the producers said.
Final decisions on production cutbacks would...
Jul 16th, 2009
LANXESS India buys Gwalior Chemical
LANXESS India Pvt Ltd, the subsidiary of specialty chemicals group LANXESS AG, has signed an agreement to acquire the chemical businesses and assets of Gwalior Chemical Industries Ltd (GCIL) for Euro 82.4 million, including debt.
“This is our first acquisition in India and a further milestone in our company’s long-term growth strategy in BRIC countries. Gwalior’s...
May 13th, 2009
Information and Industry Resources Open Up New Opportunities
May, 2009 - MarketPublishers, Ltd. added a new tool to an operating partner program. The tool allows to broadcast the information on the latest marketing research as well as news on the research studies directly to a partner’s website.
Each new registered partner gets:
€80 sign up bonus;
The partner’s remuneration. The remuneration equals 10% of a nominal...