Company Dynamic
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DyStar Sets Up New Texanlab To Drive Sustainability In Textile Industry
2017-05-12On April 21, 2017, the Texanlab Laboratories Pvt. Ltd. opened its third state of the art and technologically advanced laboratory at Tirupur (Tamilnadu), a town in South India famous for knitwear exports and known as Manchester of India.
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BASF Named Sustainability Supplier of the Year by FCA US
2017-05-10BASF was named the 2017 FCA US LLC Sustainability Supplier of the Year for the second time.
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AkzoNobel Turns Down Third PPG Takeover Offer, to Focus on New Strategy
2017-05-10In a May 8 statement, the Amsterdam-based company said the decision followed an “extensive review and careful consideration of” the PPG offer, which was made on April 24.
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Huntsman Acquires Leading UK Independent Polyurethane Formulations Company, IFS
2017-05-10Huntsman Corporation announced today that it has completed the acquisition of IFS Chemicals Limited (IFS), one of the UK’s leading independent formulators of methylene diphenyl diisocyanate (MDI) based systems.
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Restart of Celanese/Mitsui Methanol Plant in Texas Hits Snag
2017-05-09The restart of the 1.3 million mt/year Celanese/Mitsui methanol plant in Clear Lake, Texas, after a turnaround hit a snag that led to a shutdown, according to a weekend filing to state regulators.
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Interior Ministry Displays ‘Historic’ Haul of Fake Cosmetics
2017-05-09Counterfeit cosmetics, including fakes of some of the world’s biggest brands, were put on display at the Interior Ministry on Monday as an official announced that nearly 70 tons of beauty products had been recovered in “historic busts” ...
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Akzo Nobel Rejects 3rd Offer From Paint Rival PPG Industries
2017-05-08Akzo Nobel, the Dutch paint and chemicals company, on Monday rejected a merger offer from its American rival PPG Industries for the third time since early March, saying it preferred to go it alone.
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BD to Invest $60 Million in Nebraska Plastics Plan
2017-05-08Medical technology group Becton, Dickinson and Co. says it will turn a plant in Columbus, Neb., into one of the largest, most sophisticated injection molding operations in the world with a $60 million investment that brings most molding...
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Chemical industry split about the case for more US plants
2017-05-08The surge in investment into the US petrochemicals industry over the past seven years has been one of the biggest spending booms in a developed country this century.
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Aramco Sale Won't Be Far off 5 Percent, Will Happen in 2018-Saudi Prince
2017-05-03The planned sale of a stake in Saudi Arabia's national oil company Saudi Aramco will occur through an initial public offer of shares in 2018, and the stake sold "will be not be very far off 5 percent", Deputy Crown Prince Mohammed bin Salman sai
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LyondellBasell's Texas Cracker Expansion to Hit Full Rates by End-Q2
2017-05-02LyondellBasell continues to ramp up ethylene production recently expanded steam cracker at Corpus Christi, Texas, and anticipates running at full rates by the end of the second quarter, CEO Bob Patel said Friday.
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PPG Makes Final Offer for AkzoNobel Takeover
2017-04-25U.S. specialty chemicals supplier PPG Industries Inc. has renewed its bid for AkzoNobel NV, following the Dutch chemical company's announcement of restructuring plans earlier last week.
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ISPO Unveils New Textile Trends for Spring/Summer 2019
2017-04-25ISPO.com, an organiser of sports and fashion tradeshows, has announced the launch of three mega trends of the textile industry for ISPO Textrends Spring/Summer 2019, which includes Moment, Dynamic, and Calm, that may ...
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Sugar Import Hurts Industry, Prices Down
2017-04-24The Centre's decision to import five lakh tonne raw sugar and a bumper crop in Uttar Pradesh have triggered a price slide in the sugar bowl of Maharashtra.
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Ashland to Buy Pharmachem for $660 Million
2017-04-24Ashland has agreed to acquire New Jersey-based Pharmachem Laboratories, a manufacturer of supplements and specialty ingredients for the wellness and personal care industries, for $660 million in cash.
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Jotun Consolidates Passive Fire Protection Coatings Lead
2017-04-24Innovation is at the heart of Jotun’s culture. The Norwegian headquartered business, with operations in 45 countries, is committed to an on-going programme of research and development (R&D).
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PPG Reports Q1 Growth Amid Marine Challenges
2017-04-21Global coatings manufacturer PPG Industries (Pittsburgh, Pennsylvania) reported growth in net sales and sales volumes in its first quarter, bolstered in part by a 7 percent jump in sales in the Industrial Coatings segment.
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China Pharma Poised for Explosive Growth, Novartis CEO Says
2017-04-21As drugmakers face growth challenges in the U.S. and other developed countries, China is looking more enticing to one CEO. Novartis chief Joe Jimenez thinks the market is set for a boom period as the industry launches a wave of new meds in the country.
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PG Market in Q1, 2017:The Increase Range Went Down Y-O-Y
2017-04-18Formosa Plastics USA shut a polyvinyl chloride line at its Point Comfort, Texas, plant following a line leak, the company said in a filing Thursday.
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