Volume 171 • Number 2
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chemicalweek
19,,2009
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Proves Good Therapy
Drug Industry Flux
TRONOX SEEKS CHAPTER 11 PROTECTION SUNOCO TO SHUT BAYPORT, TX POLYPROPYLENE UNIT INDUSTRY SETS WISH LIST FOR OBAMA ADMINISTRATION
The pharmaceutical industryisgoing througha period of transition withmanymajor drug companies restructuring
to cut costs. Fine chemicals and contract manufacturing service suppliers say this year will be challenging, but that they will benefit from growing opportunities, including an increase in outsourcing contracts.
Cover Photo: SAFC.
7 Schulman’s earnings slide
7
● Albemarle,OptiFuel Technology team up in additives
● SAFC to supply atomic layer deposition materials to ASM
● Frutarom acquires Oxford Chemicals
Ethylene swings up amid capacity outages
Sunoco to close polypropylene plant
7 GM plans lithium battery facility;
Taps LG Chem for cell supply
9 ACC’s chief economist expects a severe, prolonged downturn
10 Industry seeks cooperation from Obama Administration
11 DOT finalizes tank car standards
11 Rhodia acquires surfactant manufacturer McIntyre Group
ExxonMobil Chemical says the economic and industry downturns are having little long-term impact on its operations as it continues with an expansion program to boost Asia and Mideast capacity.
13 Sabic to replace Kuwait in petchem jv with Dow
13 Many BASF plants remain closed
CW75 Index
January 13 Week Ago Quarter Ago Year Ago
149.35
157.62
175.28
248.11
*Jan. 1, 2002 = 100.
Chemical stocks fall for the week
16 Protests force relocation of Chinese p-xylene project
13
16 Idemitsu cuts polycarbonate production
16 Air Products builds CO coldbox
Index loses 39.4%
● LyondellBasell to restart olefins unit
● PolyOne cuts staff, closes compounds plant
● Texas Petrochemicals idles units
● European Parliament votes to approve revised EU pesticide laws
● Invista to shutter U.K. nylon facility
● BASF to close Korean BDO and THF complex
● PolymerLatex to mothball U.K. plant
USCAP offers Congress a blueprint for climate action
Tronox files for Chapter 11 protection
3 Viewpoint
40 Meetings
● Kuokuang relocates planned petchem complex
● Ineos still eager to expand Norwegian cracker
● Honam’s Qatar ethylene jv delayed another year
● PTT Phenol plans capacity expansion
Non-GMO food project starts third-party auditing program
36 Marketplace
On the Web this week ...
CW’s 5-Minute Interview with Tjerk de Ruiter, CEO of Genencor.
Visit our Web site for 24/7 news and breaking stories.
References:
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