Chemical Business Newsbase articles from May 2006, page 7

Chemical Business Newsbase archives from May 2006

Titan reports huge profits increase in 1Q 2006.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Malaysian company Titan Chemicals recorded a 149% increase in its net profits for 1Q 2006 to Ringitt 378 M (EUR 81.4 M) compared with net profits in the same year-ago period....

Asian phenol shutdowns bring optimism.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Phenol suppliers in Asia are aiming for $1300/tonne CFR China and Southeast Asia. The product is likely to remain strong with the projected continued tightness in the market,...

Petrochina subsidiary studies adipic acid.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Liaoyang Petrochemical is evaluating a 160,000 tonne/y adipic acid facility that will bring its output in Liaoyang, Liaoning Province, China to 300,000 tonnes/y. Benzene...

BASF Leuna emerges after 2005 takeover.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Subsequent to its acquisition by BASF in Nov 2005, special polyamide compounds producer Leuna-Miramid will change its operating name to BASF Leuna. The company's small-volume...

Quarterly PC to help stabilize margins.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) The objective of producers to maintain stable margins are bolstered with Dow Chemical's move to shift to quarterly from monthly contracts for its European polycarbonate...

Sinopec selects Ineos tech for HDPE plant.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Ineos Technologies has been designated by Sinopec as licensor for its 300,000 tonne/y high-density polyethylene project at Dagang district in Tianjin Province, China. The unit...

Chemopetrol to increase polypropylene.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Chemopetrol, a subsidiary of Unipetrol, will boost polypropylene capacity by 10% to 275,000 tonnes/y at its facility in Litvinov, Czech Republic. The capacity increase is set...

Union Carbide to up ethyleneamines in the USA.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Union Carbide will boost capacity for ethyleneamine at its site in St Charles in Hahnville, Louisiana in the USA for completion in mid-2007. Amination technology will also be...

US misses out on chemicals growth.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Worldwide activity in the chemical industry recovered in Apr 2006 after a poor performance earlier in the year, according to the American Chemistry Council. Regional production...

View from Beijing: China still struggling to be truly green.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) The money supply growth in China has a great effect on the environment due to relaxed standards on emissions. Around 130 polluting factories have been transferred to keep the...

Aromatics see sudden upsurge.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Prices as they stood the week before 29 May 2006 are discussed styrene, naphtha, propylene, butadiene, benzene, toluene, mixed xylenes, paraxylene, orthoxylene, methanol and...

Styrene sellers need new outlet.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) A new high volume application for styrene is urgently needed for styrene amid the poor performance of the European polystyrene (PS) market. Though half of styrene is utilized...

Chemical Profile: Carbon black. [1 table, 1 figure in original article].
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) The worldwide demand for carbon black in 2005 was up 4% to 8.9 M tonnes, while capacity utilization was firm at almost 91% of nameplate (roughly 98% of effective capacity). A...

Dow Chemical boss optimistic.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) A Dow Chemical official forecasts strong market fundamentals in 2006, with satisfactory growth in demand and no major capacity slated to enter the market. In 2006-2007,...

PTA delivery deal.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) PKN Orlen and Mitsubishi Chemical Corp have closed a Zloty 2.8 bn ($709 M) contract on 27 Apr 2006, covering the delivery of 150,000 tonne/y of purified terephthalic acid (PTA)...

Omya to sell Ticona products in Turkey.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Ticona has assigned Omya, a supplier based in Switzerland, to handle all of its engineering plastics sales and marketing operations in Turkey effective 15 May 2006. Operating...

US fertilizers agree on Trinidad nitrogen.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Terra Industries and CF Industries have established an agreement with the government of Trinidad and Tobago for the construction of a $500 M-700 M nitrogen facility in the...

ET Horn purchases Polymatrix business.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) ET Horn, a US speciality chemicals distributor, has acquired Polymatrix International based in Houston, TX. The move will widen ET Horn's business scope to include the...

Here comes the big wave: China invests in petrochemicals. [1 table in original article].
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) China is dedicated to supporting investments in the petrochemical sector, with the objective of improving ethylene self-sufficiency. In particular, the country is determined in...

ADM selects Iowa for next ethanol boost.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) Archer Daniels Midland (ADM), an agricultural processing and fermentation technology firm, will implement its second ethanol expansion at Cedar Rapids, Iowa under a...

Sipchem secures its cracker gas supply.
May 29, 2006... (From Chemical Business NewsBase - Chemical Business (India)) A gas supply for Saudi International Petrochemical's (Sipchem) 1.2 M tonne/y cracker project has been obtained. The Sipchem cracker will be brought online in 2010. Up to 14...

Scientists demonstrate investigational MS drug down regulates the underlying cause believed responsible for multiple sclerosis at the 16th meeting of the European Neurological Society.
May 29, 2006... (From Chemical Business NewsBase - Press Release) Bayhill Therapeutics (Bayhill) will present clinical findings at the Sixteenth Meeting of the European Neurological Society 27 May - 31 May 2006 in Lausanne, Switzerland in connection with...

Brazil's exports so far in May 2006 grew 1.1% compared to May 2005.
May 29, 2006... (From Chemical Business NewsBase - Press Release) Brazil's exports till 27 May 2006 grew 1.1% over May 2005, according to the Brazilian Development Ministry Foreign Trade Department. This was due to a 5.5% increase in the export of...

Falling Sao Paulo fuel ethanol price still 45% higher year on year.
May 29, 2006... (From Chemical Business NewsBase - Press Release) Fuel alcohol prices have been falling at the Sao Paulo distilleries since the start of 2006-2007 sugarcane harvesting (brought forward to the final week of Mar 2006) but are still an...

BASF ups bid for Engelhard again.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) BASF has increased its offer for Engelhard by $1.00, to $39 per share. Engelhard's board will look at the new offer and has asked shareholders not to act for the moment....

Green chemistry: CO2-based dry-cleaning chain launched in Germany.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Germany's Linde is launching a new chain of dry cleaners, called Fred Butler, that will use a cleaning process based on carbon dioxide. The company wants to eventually win...

Plant security: study calls for funding R&D on inherently safer chemicals and processes, safer storage.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) A National Research Council (NRC) report on vulnerable areas in the chemical supply chain recommends that the Department of Homeland Security (DHS) support research to...

World Health: Gates Foundation, Novartis embark on public-private ventures to combat TB and malaria.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) The Bill & Melinda Gates Foundation is giving $104 M to the Global Alliance for TB Drug Development, which is seeking faster and simpler tuberculosis treatments. The money...

Liveris tells it like it is.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) In Nov 2005, Andrew N. Liveris, Dow Chemical's president and chief executive officer, went to Washington, DC, to speak before a congressional hearing on the US natural gas...

Solutia is selling its pharmaceuticals unit to India-based Dishman.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Solutia is to sell its Pharmaceutical Services business to Indian company Dishman Pharmaceuticals & Chemicals for $74.5 M. The business comprises the Swiss companies...

More die from Chinese drug.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) The Chinese government has announced that a faulty drug for the treatment of gall bladder and gastric conditions has now resulted in the death of nine people. Armillarisin...

Chemir acquires nearby Gateway.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Chemir Analytical Services has taken over Gateway Chemical Technology, a provider of custom synthesis and process development. Chemir's CEO says the company is to expand...

Asahi boosts Chinese output.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Asahi Kasei is to more than double capacity for photosensitive dry film at Suzhou, China. By Jul 2006, the company expects to have increased capacity to 180 M square...

Cambrex inks biologics pact.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Bio Science Hopkinton, a subsidiary of Cambrex, has won an order to produce clinical trial amounts of Merrimack Pharmaceuticals' MM-093, a recombinant form of human...

DuPont helps fight bird flu.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) DuPont is to make initial deliveries of its Virkon S veterinary disinfectant to the UN Food & Agriculture Organization. The material will meet the short-term needs of E...

Antibody R&D deals abound.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Antibody company Xoma is to use its phage-display libraries and optimization technologies to discover antibody drugs against Schering-Plough targets. Xoma will undertake...

Tate files suit over sucralose.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) A US subsidiary of UK company Tate & Lyle is suing a Chinese manufacturing group for infringing its production technology for sucralose. The lawsuit cites Hebei Sukerui...

Trinidad plant plans advance.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) First UAN Trinidad, a joint venture of CF Industries and Terra Industries and the Trinidad & Tobago company ANSA McAL, has signed a deal with the government of Trinidad &...

April chemical output up.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Overall US chemical production in Apr 2006 was up 0.7% on Mar 2006 and down 0.6% from Apr 2005. The index for the basic chemical sector was up 0.3% on Mar 2006 but down...

Cognis goes on Wild ride.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Cognis has concluded separate US and European cooperation deals with Wild, a German natural food ingredients producer. The two companies will develop new products and...

Business roundup: Pharmacopeia and Cephalon in deal.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Pharmacopeia and Cephalon have come together for the discovery and development of small-molecule drugs. Pharmacopeia will receive a $15 M up-front fee and will use its...

Business roundup: Roche and Entelos collaborating.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Roche and Entelos are to collaborate in metabolic disease research for a two-year period. Entelos, which will receive research and development funding and milestone...

Business roundup: Almac rebrands.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Pharmaceutical services company Almac is rebranding its five business divisions under a single name. The new divisions are Almac Sciences (previously CSS), Almac Clinical...

Business roundup: Cognis expands oleochem esters.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Cognis is to spend a multi-million-dollar sum on expanding its oleochemical esterification plant in Cincinnati to optimize lubricant base stocks production. Completion is...

Business roundup: Dow Chemical to expand calcium chloride.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Dow Chemical is to increase dry calcium chloride capacity at Ludington, MI, by over 30%. Supplies of pellet calcium chloride supplies will be available by 3Q 2006 and flake...

Business roundup: MMA joint venture in S Korea.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Mitsubishi Rayon and Honam Petrochemical are to establish a 50-50 joint venture to erect a 90,000 tonnes/y MMA plant in S Korea.

Rhodia mulls silica capacity increase in Sao Paolo.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Rhodia is contemplating a capacity increase at the silica plant of its Brazilian subsidiary in Sao Paolo. The existing plant has 30,000 tonnes/y capacity and is operating at its...

Chem technologies inks DuPont licensing deal.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) DuPont Packaging and Industrial Polymers has signed an agreement with Chem Technologies to bring the latter's Advancure, low-cost curatives technology, to the North American...

Dow Corning launches silicones for LED apps,.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Dow Corning has launched three new silicone-based encapsulants (EG-6301, OE-6336, JCR 6175) and one new resin (SR-7010) - all for use in the manufacture of LEDs.

In brief: oils, fats & waxes: D&PL buys Syngenta's cotton.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Syngenta has sold its global cottonseed business to Delta & Pine Land (D&PL). The deal involves Syngenta's VipCot insect-resistant cotton genes, which were licensed to D&PL in...

In brief: oils, fats & waxes: Ineos to build biodiesel plant.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Ineos Enterprises plans a 100,000 tonnes/y biodiesel plant at its Grangemouth, UK, site. Start up is scheduled for 2008.

Avanir buys drug firm Alamo.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Avanir Pharmaceuticals is to acquire speciality drug company Alamo Pharmaceuticals for $29 M. Alamo's owners could receive a further $40 M if certain sales milestones are...

In brief: oils, fats & waxes: ADM expands oil refinery.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) A 350,000 tonnes/y palm oil refinery is to be built in Hamburg Germany, by Archer Daniels Midland. Start up is scheduled for early 2007. The new plant will bring total capacity...

In brief: oils, fats & waxes: Calumet expands Shreveport.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Production capacity for lubricating oils and waxes will be increased by 60% (from 41,000 to 57,000 bbls/day) at Calumet Speciality Products Partners plant in Shreveport, LA....

In brief: oils, fats & waxes: Cargill in new crush plant jv.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Cargill and joint venture partner Sofiproteol will invest EUR 50 M in a 600,000 tonnes/y rapeseed crush plant at Cargill's Montoir, France, site. Start up is scheduled for the...

Thai Petrochem ousts founder.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) The board of Thai Petrochemical Industry has voted to oust the company's founder, Prachai Leophairatana, and three of his relatives. TPI says it had no choice in the move...

Dow to expand ethyleneamines.
May 29, 2006... (From Chemical Business NewsBase - Chemical and Engineering News) Dow Chemical is increasing its ethyleneamine capacity. Dow's Union Carbide subsidiary will expand its reductive amination ethyleneamine unit in Hahnville, LA, and install...

In brief: Pharmaceuticals: Frost & Sullivan pegs amino acid growth in Europe.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) According to Frost & Sullivan, the European market for amino acids should reach 1.94 bn/y by 2012. Amino acids are finding increased usage in microencapsulation and medical food...

In brief: Pharmaceuticals: Aurobindo's generic AIDS drug to be made available.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) The US Food and Drugs Administration has tentatively approved generic abacavir sulfate tablets manufactured by Indian company Aurobindo Pharma. The product is a generic...

In brief: Pharmaceuticals: Remicade wins new Crohn's disease indication.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) The US Food and Drugs Administration has approved Remicade (infliximab) from Johnson & Johnson for the treatment of Crohn's disease in children. In 1998 the product was...

In brief: Pharmaceuticals: Adhesives Research breaks ground on pharma facility.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Adhesives research is building a 25,000 sq ft production facility in Glenn Rock, Pennsylvania. The unit, operated by the company's Arx division, will supply pharmaceutical...

In brief: News watch: RTP expands long-fibre capacity.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) A new long-fibre line has been built in Winona, Minnesota, by RTP. The company claims the new facility will increase capacity, increase quality control, and reduce lead times.

In brief: News watch: Dow opens centres.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Angus Chemical, along with owner Dow Biocides, will open regional customer application centres in Dubai, Sao Paolo, Tokyo, Guangzhou (China), and Pune (India) by the end of 2006.

In brief: News watch: BASF renames Leuna.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) BASF will rename Leuna-Miramid as BASF Leuna. BASF bought the company, which manufactures speciality polyamides, in Nov 2005. The Miramid brand name will continue.

In brief: News watch: Cognis to expand esters plant.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Cognis will to debottleneck and upgrade its esterification plant in Cincinnati. The products are used in the production of synthetic lubricants. Completion is scheduled for 1Q...

In brief: News watch: Praxair India gets Tata contract.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Tata Steel has awarded a second contract to Praxair India to build and operate two on-site industrial gas plants at its Jamshedpur, Jharkhand state, steel plant. The two...

Suppliers Day: new products abound: Uniqema.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) At the annual New York Society of Cosmetic Chemists Suppliers Day, held in mid-May 2006, Uniqema launched Arlatone V-150, a naturally derived emulsifier system for use in...

Suppliers Day: new products abound: ExxonMobil Chemical.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) ]At the annual New York Society of Cosmetic Chemists Suppliers Day, held in mid-May 2006, ExxonMobil Chemical launched Pure-Syn cascading emollient system for use in body...

Suppliers Day: new products abound: International Speciality Products.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) ]At the annual New York Society of Cosmetic Chemists Suppliers Day, held in mid-May 2006, International Speciality products launched Ultra Thin P-100, a two-in-one polymer...

Suppliers Day: new products abound: Degussa.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) ]At the annual New York Society of Cosmetic Chemists Suppliers Day, held in mid-May 2006, Degussa launched six new products for use in personal care products: Tego Derm CBS...

Suppliers Day: new products abound: Mason Chemical.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) ]At the annual New York Society of Cosmetic Chemists Suppliers Day, held in mid-May 2006, Mason Chemical launched Maguard and Maguard Plus (paraben-free preservatives), Macare...

Suppliers Day: new products abound: GE Advanced Materials.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) At the annual New York Society of Cosmetic Chemists Suppliers Day, held in mid-May 2006, GE Advanced Materials launched Velsevil Plus (emulsifiable silicone gel), new silicone...

In brief: Pharmaceuticals: Teva gets NME approval.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) The US Food and Drugs Administration has approved Azilect (rasagiline) from Teva Pharmaceutical Industries for the treatment of Parkinson's disease.

In brief: News watch: UCONN teams up with Chemtura.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Venomix (a start-up company of the University of Connecticut) has contracted with Chemtura to develop insecticides using technologies patented by the university. Over the next...

In brief: News watch: Colormatrix sold.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) ColorMatrix, maker of liquid colorants and additive concentrates for thermoplastic products, has been acquired by private equity company Audax Group. Current European directors...

Shasun: Results for 2005-2006. [1 table in original article].
May 29, 2006... (From Chemical Business NewsBase - Business Line) Pharma firm Shasun Chemicals and Drugs Ltd (Shasun) has recorded a net profit of Rup 131.5 M on net sales/income from operations of Rup 1030.7 M for 4Q ended Mar 2006 (net profit of Rup...

Auctus launches PharmaZell.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Following its acquisition of Lubrizol's active pharmaceutical ingredients business, German private equity company Auctus Management has relaunched the business as PharmaZell....

Bush calls for Arctic gas development.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) president George W Bush has said that national gas resources in the Arctic National Wildlife Refuge should be developed, that there should be more development of natural gas in...

Dishman buys Solutia's pharma unit.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) Solutia has sold its pharmaceuticals services business to Indian company Dishman Pharmaceuticals & Chemicals for $74.5 M. The deal includes Swiss companies CarboGen and Amcis,...

BASF makes "final" offer of $39.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) BASF has made an improved offer of $39/share for Engelhard. The offer expires on 5 Jun 2006. There is discussion of BASF's views on the current state of Engelhard.

CSPC talks to potential Daya Bay partners.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) CSPC, a joint venture of CNOOC and Shell Petrochemicals, is in talks with a number of possible investors regarding the joint venture's $4.3 bn Daya Bay, China, petrochemicals...

DuPont helps fight bird flu.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) DuPont Animal Health Solutions has been asked to provide supplies of Virkon (veterinary disinfectant) to meet the short-term needs of 69 nations with respect to the problem of...

Canada abandons the Kyoto treaty.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) At the end of May 2006 the new Canadian government effectively withdrew from the Kyoto climate treaty. There is extensive discussion of recent government actions, regarding...

Players ponder styrene's future.
May 29, 2006... (From Chemical Business NewsBase - Chemical Market Reporter) A detailed discussion of the current state of the European styrene market, including: pricing (Jun 2006, $1175 to $1190/tonne fob Rotterdam), BASF's 500,000 tonnes/y styrene...