Industry - Chemicals latest news

Finding nothing new to offer against HIV, firm calls it quits

Questions about quality spark concerns over buyout

EPA must redo rule to curb SO2 and NOx emissions

Deal will create a specialty chemical firm focused on additives, paper technologies, and specialty resins

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- At the beginning of this year, an estimated $760 million in combined capital and maintenance Canadian Chemical Processing Industry projects were planned to begin construction in 2008. At the halfway point in the year, an estimated 13 projects, with a total investment value of $135 million, have been identified as canceled or placed on indefinite hold. Some of the largest projects canceled or placed on hold include plans by ProLab Technologies Incorporated (CVE: PLT) (Thetford Mines, Quebec) to build a $40 million oleic acid unit

- - * Oxidized wax capacity to be doubled - - * Production Verbund saves energy and creates synergies - - - In the fourth quarter of 2008, BASF will begin construction of a second oxidizing plan... [WebWire - Friday, July 18, 2008]

Midland, MI and Golden, Colo. - July 2008 - - The Dow Chemical Company (Dow) and the U.S. Department of energy's National Renewable energy Laboratory (NREL) today announced an agreement to jointly deve... [WebWire - Friday, July 18, 2008]

Midland, MI and Kuwait City, Kuwait - July 2008 - - The Dow Chemical Company (NYSE: DOW) and Petrochemical Industries Company (PIC) of the State of Kuwait, a wholly owned subsidiary of Kuwait Petroleu... [WebWire - Friday, July 18, 2008]

MILWAUKEE----Sensient Technologies Corporation posted record revenue of $332.8 million for its second quarter ended June 30, 2008, up 9.4% from the comparable period in 2007. Second quarter diluted earnings per share rose 17.8% to 53 cents from 45 cents in last yearâ??s second quarter.

BEIJING (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- China Petroleum & Chemical Corporation (NYSE: SNP) (Sinopec) (Beijing) and Zhenhai Petrochemical Company Limited have begun construction on an upgrade project to boost Zhenhai Petrochemical's refining capacity by more than 490,000 barrels per day (BBL/d). The company is also working on a $3.24 billion, 1 million-ton-per-year ethylene project.