PETRONAS has recorded a group pre-tax profit of RM6.8 billion for the quarter that ended 31 March 2016, 60 per cent lower than the RM17.0 billion posted in the corresponding quarter of 2015.
AkzoNobel has completed phase one of the €2.5 million expansion of its performance coatings plant in Cikarang, Indonesia.
Chemours reached mechanical completion of the line in December 2015.
Bostik has once again broken new ground in the disposable hygiene market.
Oxea has announced the appointment of Salim Al Huthaili as the new Chief Executive Officer of the company.
LyondellBasell has been honored with the Circle of Distinction Award from the National MS Society for raising a total of $1.4 million to help people living with multiple sclerosis.
Honeywell has announced its intention to spin off its resins and chemicals business into a standalone, publicly-traded company named AdvanSix.
Switzerland-based fragrance and flavour company Firmenich has appointed Satish Rao as Chairman and Managing Director of Firmenich India, effective July 4, 2016.
The newly formed company (the Group) will be owned equally by funds managed by Black Diamond Capital Management (Black Diamond) and Investindustrial.
Jacobs Engineering Group announced today that it was awarded a contract to provide engineering services for the expansion of Mitsubishi’s polyester film plant in Greenville County, South Carolina.
Bayer and BioNTech have entered into an agreement to develop novel, first-in-class mRNA vaccines and therapeutics specifically for Animal Health applications.
Dai Houliang has been named the new President, Director and Vice Party Chief of Sinopec Group. It was announced at the Sinopec senior executives' meeting on May 9.
Air Products has signed a definitive agreement to sell the Performance Materials Division (PMD) of its Materials Technologies segment to Evonik Industries for $3.8 billion in cash.
Maroon Group has acquired U.S. Chemicals, a national distributor of specialty chemicals based in Darien, Connecticut.
Metso has entered into a five-year, long-term strategic services partnership agreement with Tata Chemicals (Soda Ash) Partners to repair, rebuild, and service existing pyro-processing equipment and systems in its Green River, Wyoming, USA, operation.
For 2016, BASF anticipates a continuation of the currently challenging conditions along with substantial risks. The expectations for the global economic environment in 2016 remain unchanged.
The new 55,000-square meter decorative paints site observes the company's highest sustainability and safety standards.
This new facility will produce A. Schulman's premium color additives for packaging, automotive, agricultural, sports, leisure & home customers in China and other growing markets throughout the Asia Pacific.
The two companies plan to install a world scale MCA plant at Atul's facility in Gujarat, subject to the necessary regulatory approvals, building on Atul’s status as a leading supplier of crop protection chemicals.
The loan does not contain any convertible features or warrants, and is subject to the completion of certain customary conditions.
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