Saturday, June 13, 2009

>CHEMICALS & PETROCHEMICALS (CYGNUS)

INDUSTRY AT A GLANCE

MARKETING
  • Celanese announces Global Vinyl Acetate Monomer Price Increases: USA
  • The Dow Chemical Company launches New Dow Flooring Business: UAE

FINANCING
  • Dow Chemical to sell US$935m in assets: USA
  • Ashland raises senior note offering to US$650m: USA

OPERATIONS
  • BASF to build new methylamines plant in Geismar, Louisiana: USA

GOVT. INITIATIVES AND REGULATIONS

  • Bill banning plastic-hardening chemical passes: USA
  • American Chemistry Council writes on ICCM2 commitments to Hillary Clinton: USA
  • Business Europe says allowing firms to delay REACH fees payment could save €200m in near term
  • HC directs wildlife body to decide chemical company’s plea on salt plant: India

RESEARCH AND DEVELOPMENT

  • Chinese researchers measure brominated flame retardant content in toys
  • IIP asked to conduct feasibility study on feedstock options for petrochemical industry: India

OTHER
  • UN Official Challenges Chemical Industry: Global
  • Paints industry to explore voluntary phase-out of lead paint production: Global
  • Arizona Chemical announces closure of Port St. Joe, Fla., Plant: USA
  • BASF earns Green Power Leader status in Tennessee: USA
  • Chemical firms ordered to pay Modesto US$18.3m: USA
  • CANADA: Perfluorinated chemicals used in food packaging detected in humans for first time
  • Firm fined for chemical stink: China
  • April profits of Chinese petrochemical firms rise nearly 45% on lower crude prices
  • CRISIL revises rating outlook on Alkyl Amines and Chemicals to negative: India
  • CRISIL assigns ‘AA’ and ‘P1+’ for Clariant Chemicals' bank facilities: India

To see full report: CHEMICALS & PETROCHEMICALS

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