Chemical News
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Dow Canada to sell chlor-vinyl business in Western Canada Aug 15,2007
Midland, MI -- Dow Chemical Canada has announced it has signed an agreement to sell Dow’s caustic soda business in Western Canada to Univar Canada Ltd. This sale includes the West Coast Distribution Center terminal assets which consist of marine, rail and truck facilities in North Vancouver, British Columbia, as well as miscellaneous equipment. Clo...>>>
Metals industry surging in Russia; analysts concerned Aug 16,2007
Wearing fireproof coveralls, Ilya Dmitriyev plodded past a smelter that belched smoke and gushed molten metal, the chief product of this gritty patch of Arctic tundra where the air tastes of sulphur and concrete apartment blocks crumble on the shifting permafrost. >>>
Dow Corning creates subsidiary to provide rubber products Aug 16,2007
Shanghai (Moneycontrol) -- Dow Corning has announced the creation of DC Silicone Rubber (Shanghai) Co. Ltd., a wholly-owned subsidiary of Dow Corning that will offer an expanded range of Dow Corning-branded silicone rubber products and solutions in Asia. “DC Silicone Rubber (Shanghai) Co. Ltd. will provide customers in Asia a wide range of quality ...>>>
Solvay launches Peracetic Acid production in China Aug 16,2007
15 Aug 2007 - Solvay announced that its new Peracetic Acid (PAA) production plant in Suzhou, China is now fully operational and will deliver advanced disinfection solutions with a low impact on the environment. The market demand in China for Solvay's PAA range, marketed under the Proxitane® brand name, has been growing strongly over recent year...>>>
China resumes anti-dumping duty on imported dichloromethane Aug 16,2007
BEIJING, Aug. 15 (Xinhua) -- China's Ministry of Commerce on Wednesday resumed its anti-dumping tax on dichloromethane imported from the United Kingdom, the United States, the Netherlands, Germany and the Republic of Korea. The measure would be in place for five years, said a ministry statement. The ministry made the decision after ...>>>
Explosion at Siberian plant kills four workers Aug 17,2007
An explosion at a Siberian plant killed 4 workers and injured four others. The blast occurred at Russia's largest PVC manufacturer, Sayanskchimplast's plant located at Sayansk, in Irkutsk Oblast. The explosion took place during the production of ethylene dichloride, a highly toxic chemical. >>>
Shaw Group awarded ethylene plant contracts in China Aug 17,2007
The Shaw Group has been awarded a contract to develop two ethylene plants in China, each with a capacity to produce 800,000 tons of ethylene. The plants will be at two different separate locations and will be built for PetroChina, a subsidiary of the state-owned China National Petroleum Corp. The contract calls for technology licensing, engineering...>>>
SRF plans petrochem complex in Gujarat Aug 17,2007
SRF, a leading player in technical textiles and refrigerant gases is exploring possibilities of setting up a Rs 2,000 crore petrochemical complex in South Gujarat. SRF also has operating interests in packaging films and pharma intermediates. SRF has approached the state government with a request to acquire land for the project in South Gujarat, ...>>>
BASF wins lawsuit against Lyondell Chemical Co. for overpricing Aug 17,2007
German chemicals company BASF AG has won a lawsuit against its U.S.-based supplier Lyondell Chemical Co. for overpricing of propylene oxide. In 1998, BASF and Lyondell signed a contract under which Lyondell would deliver propylene oxide to BASF for 13 years for no more than the lowest price. BASF could prove that Lyondell sold the compound at a...>>>
Petrobras to increase petrochem investment by 30% through 2010 Aug 17,2007
Petrobas -Brazil's state oil company Petrobras, will increase investment in petrochemicals by 30%, hiking the investment amount to US$4.3 bln from the previous plan. Spending on biofuels will rise 25% to US$1.5 bln. These investments form part of the US$112.4 bln earmarked by Petrobas to be spent through 2012 - a 29% increase over its previous fo...>>>
ExxonMobil Chemical introduces EPM rubber 722 Aug 17,2007
Houston, TX -- ExxonMobil Chemical has introduced Vistalon™ EPM* rubber 722 which can cost effectively improve processability and cable flexibility in medium- and low-voltage wire and cable applications. In comparison with conventional EPDM, the metallocene-based product can provide processing improvements while exhibiting similar performance...>>>
Chemtura Announces Witcobond(R) Urethane Dispersions Price Increase Aug 17,2007
17 Aug 2007 - Chemtura Corporation announces that prices for Witcobond(R) Urethane Dispersions will be increased by US$0.10 per pound, effective September 10, 2007, or as contracts allow. This change is directly related to escalating raw materials costs.>>>
Chemical Makers Oppose House Energy Bill Aug 20,2007
The House earlier this month passed a comprehensive energy bill that has few provisions in common with the bill the Senate passed in June, and chances of a House Senate compromise are unclear, sources say. Lawmakers will meet over the next several weeks to work out some of their differences before Congress reconvenes in September. Fuel economy stan...>>>
Copper drops 23 cents per pound in New York Aug 20,2007
Base metals prices dropped substantially on Thursday as investors were not willing to take on any risk in the wake of falling equities markets and continuing worries about the global economy. December copper in New York was down 23.1 cents, or 7 percent, to $3.091 per pound, its biggest percentage decline since the beginning of January, although...>>>
A new calendaring grade of thermoplastic polyurethane elastomers Aug 20,2007
The Dow Chemical Company has introduced a new calendaring-grade of thermoplastic polyurethane (TPU) elastomers to be commercialized under the PELLETHANE™ brand. The new elastomer can offer performance and processing advantages for a wide array of demanding applications including fabrics, non-wovens and industrial products such as conveyor bel...>>>
India not keen to eliminate import tariffs on chemical and petrochemical items under FTA with Thailand Aug 20,2007
Thailand and India are engaged in negotiations to conclude a Free Trade Agreement (FTA) covering trade in goods by 2010. The FTA covering trade in goods would lead to long term mutual benefits in trade and investment and the partnership would be expanded further to cover technology know-how and expertise. However, the FTA seems to have reached diff...>>>
Lotte Daesan to expand ethylene output to 1 mln tpa Aug 20,2007
Lotte Daesan Petrochemical, part of Honam Petrochemical (Seoul, South Korea), plans to expand ethylene capacity from 600,000 tpa to 1 mln tpa. Lotte Daesan will use the "Ripple Tray" technology of the Shaw Group for the ethylene revamp project. Expansion of the cracker located at Daesan, South Korea is scheduled for completion in summer 2008. >>>
Oil prices rise on news of refinery fire in USA Aug 20,2007
Light, sweet crude for September delivery rose to US$71.50 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore. New of a U.S. refinery fire have helped crude futures recover from the previous session's more than US$2 decline. A fire broke out Thursday at a crude unit of Chevron Corp.'s largest U.S. r...>>>
German chemical supplier Degussa expands operations in China Aug 20,2007
BEIJING, Aug. 19 (Xinhua) -- Degussa, a specialty chemicals supplier from Germany, is expanding its operations in China, planning to boost sales in the country to 800 million euros in 2009. The Beijing-headquartered Degussa China Co., Ltd. has spent over 22 million euros to expand its research and development center in Shanghai. The investm...>>>
Swiss oil company admits to Iraq oil kickbacks Nov 22,2007
WASHINGTON, Nov. 21 (Xinhua) -- Swiss oil-trading company VitolSA has pleaded guilty to a larceny charge in connection with paying secret kickbacks to the former Iraqi government under the U.N. oil-for-food program, The Wall Street Journal reported Wednesday. Vitol will pay 13 million U.S. dollars in compensation to the Development Fund for Ira...>>>