Chemical manufacture

Munich-based chemicals group WACKER is strengthening its presence in Middle East and Africa (MEA) by expanding the service portfolio of its technical center in Dubai.

- Significant nominal sales growth: +9.6% to 5,098 million euros, good organic growth +2.2% - Double-digit increase in operating profit*: +11.0% to 909 million euros - Further EBIT margin* improvement: +20 basis points to 17.8% 

Sumitomo Chemical has reached an agreement with Kyowa Hakko Bio Co., Ltd. to acquire Kyowa Hakko Bio’s plant growth regulator business.

Uralkali announces that Uralkali Trading (a wholly-owned subsidiary of Uralkali) has concluded a contract with Indian Potash Limited (IPL), the major Indian importer of fertilisers, for potash deliveries between August 2017 and June 2018

LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemicals and refining companies, today announced the final investment decision to build the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area

Fortum will supply a NURES® technology-based purification system for radioactive liquids and a boron removal system to Germany’s Grafenrheinfeld nuclear power plant.

AGC Asahi Glass (AGC), a world-leading manufacturer of glass, chemicals and high-tech materials, has announced its decision to sell all (100%) shares of AGC Flat Glass Philippines, Inc. ("AGPH") to TQMP Glass Manufacturing Corp. by the end of December 2017

Sumitomo Chemical and BASF, two of the world’s leading chemical companies, announced today their entry into a collaboration agreement for the development of a new fungicide.

Gazpromneft Bitumen Materials, operator of Gazprom Neft’s bitumens business, has become the first company in Russia to begin commercial production of a protective and remedial covering to preserve the integrity and extend the useful life of road coverings and airfield runways.

Henkel has successfully placed a 600 million US dollar bond in the Eurodollar market. The bond has a term of 3 years and matures on June 12, 2020. The bond pays a coupon of 2.0 percent. The settlement is expected to take place on June 12, 2017.

China National Chemical Corporation (ChemChina) today announced the definitive end results for ChemChina’s offer to acquire Syngenta, according to which around 94.7 percent of shares have been tendered.

ExxonMobil Chemical Company announced today that its Singapore affiliate has reached an agreement with Jurong Aromatics Corporation Pte Ltd to acquire its plant located on Jurong Island in Singapore.

China National Chemical Corporation (ChemChina) today announced the provisional interim results for ChemChina’s offer to acquire Syngenta.