Chemicals & Converting

Tronox names Jeffry N. Quinn as CEO

November 17, 2017

Tronox Limited announced today that its board of directors has appointed Jeffry N. Quinn as president and chief executive officer, effective December 1, 2017. Quinn has served as a member of the company’s board of directors since 2011, and will continue in that position. Quinn..

Brexit uncertainty may deter chemical investment in Europe – Huntsman CEO

November 16, 2017

Brexit uncertainties could force companies to look outside Europe for future investments, the CEO of US chemical major Huntsman said on Thursday. Peter Huntsman said that the impact of the UK’s departure from the 28-country EU might not be felt for five years. The CEO..

Spain’s Cepsa, ADNOC mull LAB plant in Abu Dhabi

November 15, 2017

Cepsa and the Abu Dhabi National Oil Company (ADNOC) have signed a memorandum of understanding to evaluate a new linear alkyl benzene (LAB) complex in Ruwais, Abu Dhabi, the Spanish energy and petrochemicals major said on Wednesday. The companies, which are both fully owned by..

Air Products extends term of Seifi Ghasemi

November 15, 2017

Air Products Board of Directors has announced that it has entered an amended and restated employment agreement with Air Products’ Chairmen, President and CEO, Seifi Ghasemi. The new agreement extends Ghasemi’s term through to 30th September 2022. Ghasemi was named Chairman, President and CEO in..

Brexit must not leave chemicals firms out of Reach

November 14, 2017

6,364 registrations under the EU’s Reach regulation filed by UK businesses, covering 2,563 substances, will become “non-existent” after Brexit, according to the European Chemical Agency (ECHA). The ECHA’s forecast has been confirmed by the UK’s chemical trade group Chemical Industries Association (CIA). Currently, all EU-based..

Imperial Logistics sells chemical business for R1.8bn

November 10, 2017

Imperial Logistics, part of the listed Imperial Holdings group, has agreed to sell its German-based contract chemical manufacturer business Schirm to listed explosives and specialty chemicals group AECI for 110.5million (R1.81billion) cash. Imperial chief executive Mark Lamberti yesterday said that the transaction was in line..

Air Products forms $3.5-billion coal-to-syngas JV in China

November 10, 2017

Air Products has announced that it has signed an agreement to build a $3.5 billion coal-to-synthesis gas (syngas) production facility at Yulin, China, jointly with Yankuang Group (Zoucheng, China), one of the largest energy and chemical companies in the country. In accordance with the agreement,..

Covestro president to take reins as CEO, chairman

November 9, 2017

Covestro LLC announced that Jerry MacCleary, company president and head of the the polyurethanes business unit in North America, will assume the roles of CEO and chairman of the board beginning Feb. 1. When MacCleary moves to his new position, current chief operating officer Erik..

Shell goes ahead with US Pennsylvania petchems complex

November 8, 2017

Shell has started the “main construction” of its large-scale petrochemicals complex in Pennsylvania, US, with expected production to start “early next decade”, the Anglo-Dutch energy and chemicals major said on Wednesday. Shell has not disclosed capital expenditure (capex) figures for the project, which will include..

Tata Chemicals exits fertilizer biz

November 7, 2017

Tata Chemicals has sold its phosphatic fertilizers business to IRC Agrochemicals, a subsidiary of IndoRama for Rs. 375 crore to exit fertilizer business completely. Last August, Tata Chemicals has sold its urea business at Babrala in Uttar Pradesh to Pune-based Yara Fertilizer for a Rs…