Research and Analysis

1. Week Ahead Economic Preview: Week of 18 November 2019

   15 November 2019 Sian Jones Ling-Wei Chung Ken Wattret Joseph Hayes David Li Chris Williamson Bernard Aw

   Flash PMI surveys provide the highlight of the economic calendar, with newly released UK PMI surveys meaning the flash data are now available...

   

2. US Commerce finds dumping of polyester textured yarn from China, India

   15 November 2019

   Unifi Manufacturing and Nan Ya Plastics Corp. America filed petitions for relief in October 2018.

3. US to place ADDs on acetone imports from Singapore and Spain

   15 November 2019

   A separate investigation of acetone imports from Belgium, South Korea, and South Africa is still underway.

4. Sirrus names new CEO

   15 November 2019

   Nippon Shokubai's SIrrus, a maker of methylene malonate monomers used in adhesives, coatings, and inks, has named Kenta Kanaida, as president...

5. Hefty risk premium for shipping through Strait of Hormuz, says Navigator

   15 November 2019

   The situation has made spot movements of LPG and petrochemical cargoes less economical, says the company.

6. Henkel launches photoreactive 3D printing material that meets UL 94V-0 and burn tests

   15 November 2019

   Company has been collaborating with US firm by optimizing printing processes.

7. Judge approves sale process for Philadelphia refinery

   15 November 2019

   An auction for the Philadelphia Energy Solutions refinery is to be held in January.

8. Is Pennsylvania on the path to join the Regional Greenhouse Gas Initiative?

   15 November 2019 Patrick Luckow

   In October 2019, Pennsylvania Governor Tom Wolf issued an executive order directing the state’s Department of Environmental Protection to join...

   

9. Saudi Chevron Phillips starts lengthy turnaround

   15 November 2019

   Country's sole cyclohexane and its largest benzene plants will be offline for 26 days.

10. Mitsui Chemicals embarks on project to recycle flexible packaging materials

    15 November 2019

    Focusing on materials used in food packaging.

11. Wacker commissions new silicon metal plant in Norway

    15 November 2019

    One of the company's key raw materials.

12. Braskem swings to loss on economic slowdown, industry downcycle

    15 November 2019

    Braskem Idesa investing in fast-track ethane import logistics project.

13. Italy steelworks nationalization

    15 November 2019 Dijedon Imeri

    Dispute over Taranto steelworks increases likelihood of nationalization but does not represent shift in Italy's industrial policy

    

14. Capital Markets Weekly: Emerging Market issuers active despite recent bond-market yield reversal

    15 November 2019 Brian Lawson

    Since late August, the negative-yielding debt stock fell USD5 trillion to USD12 trillion with France’s 10 year OAT now giving a positive yield...

    

15. Crude Oil Trade: Colombia targeting production growth of 4% in 2020

    15 November 2019 Fotios Katsoulas

    Colombia's state-controlled Ecopetrol plans to expand its production of crude oil in 2020, with a target to increase production by around 4%...

    

16. Arkema inaugurates global center of excellence for 3D printing

    15 November 2019

    Company is collaborating with Normandy region to support introduction of 3D printing on a wider basis.

17. Qatar Petroleum signs deal to export LPG to Wanhua Chemical

    15 November 2019

    For use in Wanhua's integrated chemicals complex in China.

18. Cargill and DSM bring onstream first commercial facility for stevia sweeteners

    15 November 2019

    Producing non-artificial, zero calorie sweeteners.

19. Perspecta’s defence unit sees strong growth

    15 November 2019

    Revenue at Perspecta’s defence and intelligence segment increased 10.7% to USD777 million in the second quarter of fiscal year 2020 because of ne...

20. Navistar Defense appoints new CEO

    15 November 2019

    US armoured vehicle manufacturer Navistar Defense, known for its MaxxPro mine-resistant ambush-protected (MRAP) 4x4, announced that it had appointed...

21. Contractor-reliant F-35 model a legacy of Total System Performance Responsibility

    15 November 2019

    Key Points The F-35 programme’s structure, where it is mostly run by prime contractor Lockheed Martin, is the legacy of an early 2000s acqui...

22. Qinetiq reports 16% rise in revenue in first half of year

    15 November 2019

    British defence technology specialist Qinetiq published results from the first half of its 2020 financial year on 14 November, revealing strong...

23. DSME posts quarterly losses

    15 November 2019

    South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has reported falling sales and net losses in the third quarter of fiscal year (FY)...

24. Korea looks to expand exports to Poland

    15 November 2019

    South Korea’s Defense Acquisition Program Administration (DAPA) said on 14 November that it has agreed with defence representatives from Polan...

25. Camcopter S-100 UAV completes integration on board French LHD

    15 November 2019

    France’s Direction Générale de l’Armement (DGA) procurement agency has qualified the integration of Schiebel’s S-100 Camcopter rotary-wing unman...

26. India launches 11th Sankalp-class vessel

    15 November 2019

    India’s Goa Shipyard Limited (GSL) has launched another 105 m improved Sankalp-class offshore patrol vessel (OPV) ordered for the Indian Coast...

27. Key US lawmaker wants F-35 programme structure changes

    15 November 2019

    Key Points The HASC readiness subcommittee chief wants the structure of the F-35 programme to change He believes the contractors have had too...

28. UAE using new raiding craft

    15 November 2019

    The United Arab Emirates (UAE) Armed Forces is using what appears to be the 11 m Offshore Raiding Craft (OMC) made by the British company Holyhead...

29. Oman munitions manufacturer to receive South Korean technology

    15 November 2019

    South Korean ammunition manufacturer CNO Tech on 14 November signed a technology transfer agreement with the Public Authority for Privatisation...

30. GAMI seals partnership with Saudi industrial property authority

    15 November 2019

    The General Authority for Military Industries (GAMI) in Saudi Arabia has signed a strategic co-operation agreement with MODON, the country’s indus...

31. France tests amphibious capabilities of Scorpion vehicles

    15 November 2019

    The French Army, supported by the Marine Nationale (navy), is conducting qualification testing of the ability of Scorpion armoured vehicles to...

32. Images show PLANAF J-15s armed with KD-88 and YJ-91 missiles

    15 November 2019

    Images have emerged in Chinese state-owned media showing at least two People’s Liberation Army Navy Air Force (PLANAF) J-15 fighters equipped with ...

33. Australia orders vehicle-mounted, active phased-array radars for NASAMS air-defence system

    15 November 2019

    Australia’s Department of Defence (DoD) has awarded an AUD137 million (USD93 million) contract to local company CEA Technologies for the suppl...

34. Russian helicopters arrive at northeast Syrian bases

    15 November 2019

    Russian troops have entered a US airbase in northeast Syria after the final US personnel pulled out of the site. Russia’s RT network posted image...

35. Babcock awarded contract for UK Type 31 frigate programme

    15 November 2019

    The UK Ministry of Defence (MoD) has confirmed a contract award to Babcock for the design and build of the Royal Navy’s new Type 31 general-purpose friga...

36. Suicide attack in Indonesia’s North Sumatra underlines ongoing intent but low capabilities of local Islamist militants

    15 November 2019

    On 13 November, a 24-year-old suicide bomber attacked the Medan Police Headquarters in Medan, North Sumatra, Indonesia, killing himself and wounding...

37. Luftwaffe rejects two A400Ms

    15 November 2019

    The Bundeswehr has decided not to take delivery of two A400M transport aircraft due to “technical deficiencies” and because “they do not possess th...

38. Aerostat deliveries drive up Drone Aviation’s revenue

    15 November 2019

    Drone Aviation achieved record revenue and profit in the third quarter of 2019 due to growing demand for its Wasp aerostats, according to the...

39. Global growth slips closer to decade lows as manufacturing weakness spreads to services

    14 November 2019 Chris Williamson

    The following is an extract from IHS Markit's monthly PMI overview presentation. For the full report please click on the link at the bottom of...

    

40. IHS Markit Asia Chemical Conference: "Tsunami" of COTC capacity to change industry structure

    14 November 2019

    The COTC projects' scale is unprecedented.

41. Switzerland to join EU ETS from January

    14 November 2019

    The EU and Switzerland agreed in 2017 to link their emissions trading systems.

42. Shutdowns planned at LyondellBasell PP plant in UK

    14 November 2019

    The Carrington plant will have turnarounds in 2020 and 2022.

43. MOL Chemical Tankers and SK Gas to invest in new tank terminal in South Korea

    14 November 2019

    $527-million terminal for petchems, petroleum products and natural gas in Ulsan to be operational by 2024.

44. K+S reports net loss, implements further cut in potash output

    14 November 2019

    Persistently weak market environment leads to further 200,000-metric ton reduction in potash production for 2019.

45. Henkel's profit falls on flat sales, falling demand

    14 November 2019

    Market environment is increasingly difficult.

46. Infographic: Argentina oil- The fate of Vaca Muerta

    14 November 2019 Stephanie Rivera Nicholas Blanco Ha Nguyen

    Argentina’s current environment begs the question: how will the development of Vaca Muerta be affected?

    

47. Merck's profit flat on higher sales, on positive currency effects

    14 November 2019

    Company has revised forecast for full-year sales, profit, upwards, with Versum acquisition making a positive contribution.

48. Flying High? Charles Forrester provides an overview of the Gulf aviation industry, spending and procurement.

    14 November 2019 Charles Forrester

    Air force procurement budgets for the Gulf region declined by 8.5% year-on-year in 2019 to USD5.8 billion, which is down from a high of USD10.1...

    

49. Sika opens mortar plant in Ethiopia

    14 November 2019

    To meet the demand of local construction market.

50. Deepak Fertilisers and Petrochemicals registers higher net profit

    14 November 2019

    Though sales dropped by 35% YOY.

51. India's Rashtriya Chemicals and Fertilizers swings to loss

    14 November 2019

    Industrial chemical segment reports pretax loss.

52. Takasago's profit plunges on higher raw material costs

    14 November 2019

    Operating income in Asia drops 34.6% YOY.

53. Semiconductor materials, high-performance plastics units sink Sumitomo Bakelite's income

    14 November 2019

    Operating profit down 25% YOY at high-performance plastics division.

54. Idemitsu opens second lubricant plant in Indonesia

    14 November 2019

    The plant at Bekasi will cater to the high demand.

55. DIC reports lower income on falling demand, cuts forecast

    14 November 2019

    Poor sales of high-value-added products impacted operating profit.

56. Crude Oil Trade: South Sudan focusing on nearby importers

    14 November 2019 Fotios Katsoulas

    South Sudan might start selling crude oil directly to its neighbours, after Ethiopia expressed its interest to buy oil from the country, in an...

    

57. Gail's petrochemical business swings to loss

    14 November 2019

    Market price of its petchem products declined by 8% YOY.

58. India's Vishnu Chemicals reports decline in quarterly volume

    14 November 2019

    Overseas sale were down by 12% YOY.

59. Osaka Soda reports drop in profit on slight rise in revenue

    14 November 2019

    Chlor-alkali business reported higher earnings.

60. Sluggish exports pull down profit of Nissan Chemical

    14 November 2019

    Operating profit plunges 70% YOY at chemical sector.

61. Hanwha Chemical swings to profit on solid performance by photovoltaics unit

    14 November 2019

    Sales doubled to W1.6 trillion at photovoltaics business.

62. Asia, America regions lift operating profit of Sakata Inx

    14 November 2019

    For Asia's printing inks unit, operating income grew by 58.7% YOY.

63. Mitsubishi Chemical to consolidate companies in Taiwan, Thailand

    14 November 2019

    The consolidation will take effect from 1 April 2020.

64. Lower sales hits Tokyo Ohka Kogyo profit

    14 November 2019

    The company reports decline in sales of high-purity chemicals in Asia.

65. Poseidon, DuPont Teijin Films join to scale up chemical recycling of PET

    14 November 2019

    Poseidon's technology yields bis 2-hydroxyethyl terephthalate (BHET), a monomer that can be polymerized to consumer-grade PET.

66. First Italian PPA starts sea trials

    14 November 2019

    The first of the Italian Navy’s new multirole offshore patrol ships (Pattugliatore Polivalente d’Altura: PPA), Paolo Thaon di Revel (P 430), st...

67. HII CEO: Best way to get carrier Ford ready is to operate it at sea

    14 November 2019

    As the US Navy (USN) works through weapons elevators issues and other post-maintenance bugs on the aircraft carrier USS Gerald R. Ford (CVN 78)...

68. Philippines approves 2020 defence budget of USD3.7 billion

    14 November 2019

    The Philippines’ Senate has approved a 2020 defence budget of PHP191.3 billion (USD3.7 billion), it announced on 13 November. The approved expen...

69. Pentagon seeking whole-of-government response in strategic competition with China

    14 November 2019

    The US Department of Defense (DoD) is “keenly focused on China and its growing projection of power” as Beijing seeks to assume a global lead...

70. More details emerge about PLA’s new assault rifle

    14 November 2019

    More details have emerged about the new assault rifle for China’s People’s Liberation Army (PLA) that was displayed during the 1 October par...

71. Analysis: Ukrainian defence procurement reflects the realities of war in the Donbass

    14 November 2019

    Ukraine is beginning to deliver to its army the weapons and systems it needs to hold firm in the Donbass. As Samuel Cranny-Evans reports, however...

72. ADF operations continue apace despite Congolese military offensive

    14 November 2019

    The Congolese military announced on 10 November that security forces had killed Hutu militia leader Juvenal Musabimana (alias Jean-Michel Africa)...

73. Belarus receives first pair of Su-30SM aircraft

    14 November 2019

    Belarus received on 13 November the first two of 12 Su-30SM combat aircraft it ordered in 2017, the Ministry of Defence (MoD) announced on its...

74. Korkut SPAAGs delivered to Turkish Armed Forces

    14 November 2019

    Thirteen Korkut twin 35 mm self-propelled anti-aircraft gun (SPAAG) low-altitude air defence systems have been delivered to the Turkish Armed...

75. US Army integrating drones into militarised-HoloLens AR architecture

    14 November 2019

    On the US Army’s path to developing and fielding a militarised head-up display (HUD) with augmented reality (AR) capabilities, the service is in...

76. NATO solicits industry ideas to enhance decision making

    14 November 2019

    Representatives of the defence and technology sectors assembled in Washington, DC, this week to tell NATO officials how artificial intelligence...

77. US Army leaders test out latest militarised HoloLens AR architecture

    14 November 2019

    US Army soldiers are evaluating the latest iteration of Microsoft’s modified HoloLens 2 headset as part of the service’s effort to inject augm...

78. Rear Admiral Torben Mikkelsen, Chief of Naval Staff, Royal Danish Navy

    14 November 2019

    Since transitioning to a smaller but more flexible fleet capable of blue-water operations, the Royal Danish Navy has been busier than ever – but f...

79. Analysis: HAWK batteries deployed to UAE bases in Libya

    14 November 2019

    Analysis HAWK surface-to-air missile (SAM) batteries have been deployed to two Libyan airbases that are used by military aircraft deployed by...

80. Political risks intelligence bulletin – 14 November 2019

    14 November 2019

    AMERICAS Argentina – 13 November 2019: Media reported that president-elect Alberto Fernandez planned to appoint Guillermo Nielsen as his econo...

81. Turkey’s ATAK Phase 2 helicopter conducts first test flight

    14 November 2019

    Ismail Demir, head of Turkey’s Presidency of Defence Industries (SSB), tweeted on 13 November that the Phase 2 (B2) version of the T129 ATAK ...

82. FLIR Systems enhances tethered UAS operations

    14 November 2019

    FLIR Systems will use the recently acquired intellectual property (IP) and assets of Aria Insights to enhance its Tether Kit system and further...

83. Israeli Navy’s Saar 4.5 replacement announced

    14 November 2019

    Israel Shipyards will design the Israeli Navy’s new Reshef class to replace its ageing Saar 4.5 vessels, the company announced on 13 November. It sa...

84. US Army prepares Chinook engine testbed for flight

    14 November 2019

    The US Army and Boeing have conducted ground runs of an NCH-47D Chinook heavy-lift helicopter fitted with the more powerful General Electric...

85. Philippines reveal multirole fighter options

    14 November 2019

    The Philippines is looking to acquire one of four multirole fighter types to enhance the air defence and border protection capabilities of the...

86. RAF deploys Typhoons to Iceland

    14 November 2019

    The United Kingdom has sent fighter aircraft to Iceland for the first time since a diplomatic spat between the two countries over the Nordic...

87. Thailand to modernise ageing F-5 and Alpha Jet fleets

    14 November 2019

    The Royal Thai Air Force is to upgrade its fleets of Northrop F-5 and Dornier Alpha Jet aircraft under plans announced by an official on 14 November....

88. Pentagon, Lockheed Martin continue dispute over F-35 intellectual property rights

    14 November 2019

    Key Points Lockheed Martin and the Pentagon remain in conflict over F-35 intellectual property rights This has delayed the implementation of...

89. UAE launches venture capital fund for defence and security SMEs

    14 November 2019

    The investment arm of the Tawazun Economic Council (TEC) has launched a programme to attract venture capital for small and medium enterprises...

90. HAL gains on the back of production streamlining

    14 November 2019

    India’s Hindustan Aeronautics Limited (HAL) has registered strong growth in the second quarter of 2019 thanks to a focus on streamlining produ...

91. Hanwha Systems listed on Korean exchange

    14 November 2019

    South Korean company Hanwha Systems was listed on the Korean Stock Exchange on 13 November as part of an effort to expand in domestic and international...

92. Security flashpoints – November/December 2019

    14 November 2019

    Jane’s identifies countries likely to face increased threats to their security in the month ahead. Algeria Protesters reject presidential poll ...

93. NACD 2019: Optimism amid a slower economy

    13 November 2019

    The mood at the National Association of Chemical Distributors' (NACD; Washington) meeting, held this week in Marco Island, Florida, was optimistic...

94. Linde posts earnings gain on stronger price, cost savings

    13 November 2019

    Linde reported pro forma income from continuing operations of $1.1 billion, up 24% year-on-year (YOY) on higher prices and productivity gains....

95. Trinseo to remain a polycarbonate producer

    13 November 2019

    Trinseo has decided to keep its 160,000 metric tons/year polycarbonate plant in Stade, Germany, following a strategic review.

96. Yara to close Trinidad ammonia plant

    13 November 2019

    Yara will continue to operate two other ammonia plants in Trinidad, Tringen I and Tringen II, which are jointly owned with National Enterprises...

97. N. America chemical rail traffic continues YOY slide

    13 November 2019

    On a four-week moving average basis, volume declined 4.8% YOY. For the year to date, volume is down 0.7%

98. Petronas Chemicals' profits plunge on lower product prices, weakening currency

    13 November 2019

    Commercial operations at PIC complex due before year-end.

99. Holiday retail sales outlook 2019

    13 November 2019 James Bohnaker

    Retailers have good reason to be optimistic about the upcoming holiday shopping season, but not without a hint of caution

    

100. Weekly Pricing Pulse: Trade deal hopes unfulfilled

     13 November 2019 William May

     Optimism that tariffs might be selectively reduced lifted commodity prices mid-week before falling flat

     

101. Key Strategic Issues Impacting the Global Ethylene Markets

     13 November 2019

     Ethylene demand to GDP elasticity is being diluted by the influence of the technology and services sector and the lower impact of manufacturing....

     

102. Arab Potash signs contract with India

     13 November 2019

     New deal reflects $10/metric ton reduction in price.

103. Air Liquide confirms it is exploring sale of Schülke

     13 November 2019

     Process in preliminary stage.

104. Payments for Research – The View from Frankfurt

     13 November 2019 Francis Land David Cook

     The FCA published the findings of their multi-firm review into MiFID II research unbundling rules on 19 September 2019 and the headline was that...

     

105. Lanxess sells organotin business to PMC

     13 November 2019

     Will manufacture under contract until end of 2021.

106. California tightens availability of EV credits

     13 November 2019 Stephanie Brinley, MBA

     The US state of California has tightened the availability of electric vehicle (EV) credits.

     

107. Aramco completes acquisition of Flint Hills' steam cracker at Port Arthur

     13 November 2019

     Independent advisor assessing Flint Hills' assets and liabilities to determine the price.

108. Sadara to supply EO and PO feedstocks to Baker Hughes' manufacturing complex in Saudi Arabia

     13 November 2019

     To make chemicals for enhanced oil recovery.

109. China dominated Asia-Pacific defence exports over last decade as India continued to rely on foreign defence equipment

     13 November 2019 Jon Grevatt

     Jane's analysis shows China dominated the defence export sector across the Asia-Pacific region in the period 2009-19, hitting nearly USD18 billion...

     

110. Djibouti opposition protests

     13 November 2019

     Opposition protests to escalate before Djibouti’s 2020-21 elections, with presidential succession and boundary disputes being notable triggers...

     

111. Hercules plan will help Greek banks to reduce their high NPL exposures

     13 November 2019 Diego Iscaro

     Greece has unveiled an asset protection scheme aimed at helping banks to lower their non-performing loan (NPL) ratio, which is the highest in...

     

112. Lanxess profit, sales fall on weak industrial demand

     13 November 2019

     Earnings were negatively affected in particular by lower demand from the automotive industry.

113. Sirius slows development of UK polyhalite mine as it seeks a strategic investor

     13 November 2019

     Looking for $600 million contribution.

114. FERC Winter 2019/20 Assessment Finds Strong Gas Supplies

     13 November 2019

     FERC staff’s “2019-2020 Winter Energy Market Assessment” was presented at the Commission’s open meeting on October 17, and it came to the same...

     

115. Protests to weigh on Hong Kong SAR's dividend outlook

     13 November 2019

     Aggregate dividends for Hang Seng Composite Index (HSCI) are estimated to grow by 8% to HKD 918.2 billion in 2020

     

116. Crude Oil Trade: Algerian exports back on track

     13 November 2019 Fotios Katsoulas

     Algerian crude oil loadings seem to have returned to normal levels, close to 600,000 b/d, in October. Activity has recovered, after falling in...

     

117. Germany sets out ‘challenging’ airborne electronic attack timeline for NATO

     13 November 2019

     The German Air Force (Luftwaffe) is waiting on a government decision to launch a programme to field a dedicated airborne electronic attack (EA)...

118. Nigerian Army orders 28 Ezugwu armoured vehicles

     13 November 2019

     The Nigerian Army has ordered 28 Ezugwu armoured vehicles from the Nigerian military’s Defence Industries Corporation of Nigeria (DICON), it...

119. Ghana Army shows new Otokar Cobra vehicles

     13 November 2019

     The Ghanaian Army is now fielding Turkish-made Otokar Cobra and Cobra II armoured vehicles, according to footage of Exercise ‘Eagle Eye’ shown on lo...

120. Risk of instability spreads south as Mali contends with rising unrest

     13 November 2019

     Key Points Following a set of high-profile attacks by Islamist militants in northern Mali during September and October, there are fears that...

121. USAF maintained high-intensity air campaign in Afghanistan in October

     13 November 2019

     The US Air Force (USAF) released more munitions over Afghanistan in October than in the same month in previous years since 2010, according to...

122. France lays out Rafale upgrade path to 2070

     13 November 2019

     France has laid out the upgrade path it intends to rollout for the Dassualt Rafale to keep the multirole combat aircraft in air force and naval...

123. Saudi offset reforms will catalyse localisation, says GAMI governor

     13 November 2019

     Saudi Arabia has overhauled its industrial offset programme as the government works towards ambitious targets enshrined in its Vision 2030 programme....

124. EA-18G Growler upgrades under test

     13 November 2019

     The US Navy (USN) has disclosed a number of near-term upgrades to the Boeing EA-18G Growler airborne electronic attack (AEA) aircraft, including...

125. Monitoring militant activity online – October/November 2019

     13 November 2019

     Syria/Iraq Islamic State announces new leader The Islamic State’s official propaganda dissemination channel on Telegram on 30 October published a sev...

126. Kellstrom Defense acquires Aerospace Welding

     13 November 2019

     Kellstrom Defense Aerospace (KDA), a California-based firm that maintains, repairs, and overhauls military aircraft, has acquired Los Angeles-based...

127. Turkey’s Atmaca anti-ship cruise missile deliveries planned for second half of 2020

     13 November 2019

     Turkey test fired the Atmaca (Hawk) anti-ship cruise missile for the first time from the national vessel (Milgem) Kinaliada on 3 November, Turkey’s Presi...

128. Lithuania drafts legislation on force structure and personnel levels

     13 November 2019

     The Lithuanian government adopted draft legislation on 6 November on the structure of the armed forces and personnel levels, the Ministry of...

129. USN completes repairs on carrier Truman

     13 November 2019

     The US Navy (USN) has completed repairs on aircraft carrier USS Harry S. Truman (CVN 75) and the service is now preparing the ship and its air...

130. Angola to send naval vessels to Namibia for maintenance

     13 November 2019

     The Angolan Navy is to send two naval vessels to Namibia’s Walvis Bay for dry dock maintenance and support. Namibian company Namdock will perfo...

131. Vietnam outlines military R&D development plan

     13 November 2019

     Key Points Defence ministry in Hanoi says it is aiming to strengthen Vietnam’s military R&D capability by 2025 The move is likely linked to the mi...

132. Japanese naval shipbuilders linked with partnership move

     13 November 2019

     Japan’s Mitsui Engineering & Shipbuilding company (Mitsui E&S) is reportedly looking to form a business partnership with Mitsubishi Heavy Industr...

133. Japan to outfit Kawasaki P-1 MPAs with AI technology

     13 November 2019

     Japan plans to equip an undisclosed number of its Kawasaki P-1 maritime patrol aircraft (MPA) with artificial intelligence (AI) to boost the...

134. Bulgaria stretches deadline for patrol vessel bids

     13 November 2019

     The Bulgarian Ministry of Defence (MoD) has extended the deadline for bids on a tender to build two multirole patrol vessels. Lurssen Werft of...

135. Third round of PESCO projects approved, with pause in 2020 to assess process

     13 November 2019

     The EU Council has formally approved another 13 capability projects under the umbrella of its Permanent Structured Cooperation (PESCO) in defence...

136. CAE’s revenue surges despite ‘modest’ defence growth

     13 November 2019

     CAE’s revenue and net income both jumped in the second quarter of fiscal year 2020 despite a sluggish financial performance in its defence unit...

137. Economic uncertainty pressures Kuraray's earnings, sales

     12 November 2019

     US/China trade dispute, geopolitical situation in Middle East weigh on results.

138. Energy Transfer delays Mariner East 2X startup until mid-2020

     12 November 2019

     A "permit bar" tied to an unrelated pipeline is responsible for the holdup, says Energy Transfer.

139. Lower prices weigh on Indorama's earnings, sales

     12 November 2019

     Price declines overrode a big increase in volumes.

140. EPA refutes claims science transparency rule could be retroactive

     12 November 2019

     The EPA is refuting a New York Times report that it is set to issue a supplemental notice that expands a proposed scientific transparency rule...

141. EPA set to expand scope of proposed scientific transparency rule, according to report

     12 November 2019

     The amendments revealed by the New York Times on Monday further alarmed critics by making the rule retroactive—potentially endangering existing...

142. Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India: Creating a worldwide manufacturing hub

     12 November 2019

     Establishing PCPIRs is key to raising domestic production.

143. Neste, Ravago partner on chemical recycling of plastics

     12 November 2019

     The collaboration aims to recycle over 200,000 metric tons/year of plastic waste.

144. Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India: Odisha to build on investments by Indian Oil, Haldia Petrochemicals

     12 November 2019

     Paradip has been identified as the state's refining and petrochemical hub.

145. Abdulaziz al-Zamil to be given posthumously the GPCA legacy award

     12 November 2019

     He was the first CEO of Sabic.

146. Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India: Gujarat leads in chemicals and petchems

     12 November 2019

     The state accounts for half of India's ethylene output.

147. ExxonMobil receives planning permission for UK refinery upgrade

     12 November 2019

     Awards contract to Fluor.

148. Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India: Petchem locations in eastern region set for big investments

     12 November 2019

     Andhra Pradesh can be a gateway to major chemical and petchem markets in Asean, state minister says.

149. Northwest Europe petchem LPG intake climbs 50%

     12 November 2019

     LPG intake rises to 500,000 metric tons for October, according to OPIS data.

150. Official data corroborate survey signals of UK labour market cooling

     12 November 2019 Chris Williamson

     News of the economy contracting for a second successive month in September has been swiftly followed by a warning of how the growing economic...

     

151. Adnoc likely to participate in Rongsheng's downstream complex in China

     12 November 2019

     The two companies sign broad framework agreement.

152. Kuraray lowers sales and profit forecast for 2019

     12 November 2019

     Cites sluggish demand in its main business segments.

153. Clariant Catalysts opens engineering services office in Indonesia

     12 November 2019

     Office aims to enhance regional support.

154. Saudi Aramco publishes 658-page prospectus ahead of IPO

     12 November 2019

     Riyadh can still sell more shares to foreign government entities despite contractual 12-month lockup.

155. Lonza CEO steps down unexpectedly

     12 November 2019

     Chairman to take over during search for replacement.

156. Crude Oil Trade: Russia reducing production but not meeting their obligation

     12 November 2019 Fotios Katsoulas

     Russia’s crude oil production dropped to 11.23 million b/d in October from 11.25 million b/d in September. However, the country did not meet...

     

157. EU expects to avoid US tariffs on cars

     12 November 2019 Ian Fletcher

     EU expects to avoid US tariffs on cars

     

158. North Dakota Seeks Solutions to Excess Gas Flaring, Including Possible Petchem Investment

     12 November 2019 IHS Markit Energy Expert

     With natural gas production at or near record highs and flaring continuing to be far above the state’s limit of 12%, the North Dakota Industrial...

     

159. EU defence agency to float idea of common AI ‘data lake’ among its members

     12 November 2019

     The European Defence Agency (EDA) says creating a common ‘data lake’ among its member states could offer a way for the latter to test their artificial...

160. IMCD posts higher earnings, sales on acquisitions, strength in the Americas, APAC

     12 November 2019

     Demand declined in EMEA causing IMCD's earnings to decrease there.

161. Hanwha Aerospace gains on the back of increased exports

     12 November 2019

     South Korean company Hanwha Aerospace has posted strong quarterly gains on the back of growing exports, the company said on 11 November. In a...

162. Australia declares final operational capability for Canberra class

     12 November 2019

     The Royal Australian Navy’s (RAN’s) fleet of two Canberra-class amphibious assault ships has achieved final operational capability. In a 12 Nov...

163. Seven companies receive US Air Force Hypersonics Pitch Day contracts

     12 November 2019

     Seven of the nine companies invited to propose at the US Air Force’s (USAF’s) inaugural Hypersonics Pitch Day (HPD) on 1 November earned cont...

164. Russian VKS to receive its first Su-57 in late 2019

     12 November 2019

     The Russian Aerospace Forces (VKS) are set to receive their first Sukhoi Su-57 fifth-generation multirole combat aircraft before the end of the...

165. US MCM systems eyed for international forces

     12 November 2019

     The countermine systems being developed by the US Navy (USN), especially for the USN Littoral Combat Ship (LCS) mission module (MM), are being...

166. Companies ready robotic combat vehicle proposals for US Army

     12 November 2019

     A handful of vendors are slated to deliver their light and medium robotic combat vehicle (RCV) proposals to the US Army in the coming days. Over...

167. Germany invests another EUR560 million in Bundeswehr equipment

     12 November 2019

     The Bundestag, the German parliament, on 7 November approved equipment projects for the Bundeswehr worth about EUR560 million (USD618 million)...

168. US Air Force plans platform cuts for FY 2021 budget request

     12 November 2019

     Key Points The US Air Force is planning platform cuts in its FY 2021 budget to free up money for modernisation The service wants to free up money...

169. Update: Seven companies receive US Air Force Hypersonics Pitch Day contracts

     12 November 2019

     Seven of the nine companies invited to propose at the US Air Force’s (USAF’s) inaugural Hypersonics Pitch Day (HPD) on 1 November earned cont...

170. Ecuador’s Astinave starts building multipurpose vessel

     12 November 2019

     The Ecuadorian state-run shipyard Astinave started building new multipurpose vessel Project Alpha-2021 on 11 November with a steel-cutting ceremony....

171. Parsons Corp touts benefits of recent acquisitions

     12 November 2019

     Parsons Corp, a US-based technology firm, said on 12 November that its recent acquisition of several companies has produced significant benefits...

172. Radiance Technologies opens Florida office

     12 November 2019

     Radiance Technologies has opened an office in Shalimar, Florida, to better serve its Eglin Air Force Base customers, according to the US defence...

173. FCAS partners defining concepts and capabilities ahead of demo phase

     12 November 2019

     France, Germany, and Spain are looking to define the nature of the first tranche of capabilities and platforms to be developed for the Future...

174. PESCO to fund European Airborne Electronic Attack system

     12 November 2019

     The European Council’s Permanent Structured Cooperation (PESCO) fund is to support the development of a new Airborne Electronic Attack (AEA)...

175. Revised RFI anticipated for German Tornado replacement to accommodate electronic attack mission

     12 November 2019

     Representatives from German industry have said they anticipate the German government issuing an updated request for information (RFI) for its...

176. Huber+Suhner’s GPSoF aims to share power and data via fibre cables

     12 November 2019

     Huber+Suhner is exploring a growing number of applications for its new Direct GPS over Fiber (GPSoF) technology, designed to enable communication...

177. Patria demos Nemo 120 mm mortar in United States

     12 November 2019

     Finland’s Patria said its120 mm Nemo (New Mortar) turret, integrated onto its Armoured Modular Vehicle (AMV) 8×8, has conducted a firepower ...

178. Eagle V 6×6 awaits production green light

     12 November 2019

     General Dynamics European Land Systems – MOWAG said it has completed development of its latest Eagle 6×6 and is awaiting a production contract, ...

179. Philippine Air Force acquires fourth C295M tactical transport

     12 November 2019

     The Philippine Air Force (PAF) has acquired its fourth Airbus Defence and Space C295M tactical transport aircraft. The platform was accepted...

180. Fincantieri revamps Wisconsin yard to meet USN FFG(X) capacity needs

     12 November 2019

     To ensure its Wisconsin shipyard can meet the US Navy (USN) requirement to build two guided-missile frigates (FFG(X)) per year to compete for...

181. India’s DRDO grants free patent access to local industry to boost indigenous production

     12 November 2019

     India’s government-run Defence Research and Development Organisation (DRDO) has decided to grant local materiel manufacturers free access to te...

182. Japan awards Kongsberg follow-on contract for Joint Strike Missiles

     12 November 2019

     Norwegian company Kongsberg Defence & Aerospace announced on 12 November that it has signed a NOK450 million (USD49.2 million) follow-on con...

183. RAN’s two LHDs achieve final operational capability

     12 November 2019

     The Royal Australian Navy’s (RAN’s) two Canberra-class landing helicopter dock (LHD) vessels have achieved final operational capability. Minister fo...

184. Turkish Naval Forces conduct first ship-launched Atmaca ASM test firing

     12 November 2019

     The Turkish Naval Forces (Türk Deniz Kuvvetleri – TDK) on 3 November conducted the first ship-launched firing of the Atmaca (Hawk) anti-ship ...

185. Synthetic aperture radar imagery identifies changes at Sinpo

     12 November 2019

     Key Points SAR imagery analysis has enabled researchers to track construction and developments at North Korea’s Sinpo South Naval Shipyard. Patte...

186. India, US to conduct first joint multi-service exercise on India's east coast

     12 November 2019

     India and the United States will hold their first joint multi-service exercise on India’s eastern seaboard from 13 to 21 November to enhance inter...

187. India outlines defence innovation initiatives

     12 November 2019

     India has outlined a range of new initiatives to support the development of defence industrial innovation in new and small businesses. According...

188. Tronox earnings drop YOY on acquisition charges, lower TiO2 prices

     11 November 2019

     Adjusted earnings per share came to $0.21, up from $0.17 in the year-ago period and ahead of the average analyst estimate of $0.15.

189. Dow puts EO from Plaquemine on force majeure

     11 November 2019

     Dow does not expect the situation to be resolved before late November at the earliest, according to a letter sent to customers on 5 November....

190. Summit on Global Chemicals and Petrochemicals Manufacturing Hubs in India: Demand for chemical products to increase rapidly over next decade

     11 November 2019

     Indian industry to grow at a CAGR of 9.3% through 2025, compared with worldwide CAGR of 5.5%.

191. MOL completes acquisition of recycled plastics compounder in Germany

     11 November 2019

     The acquired business, Aurora, supplies the automotive industry.

192. Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India: Government policy to boost industry growth

     11 November 2019

     Consumption of petchems has a strong correlation with economy.

193. test

     11 November 2019

     test

194. AkzoNobel completes acquisition of aerospace coatings firm Mapaero

     11 November 2019

     Acquisition was originally announced in July.

195. Sales of electrically chargeable vehicles in EU grow 51.8%

     11 November 2019

     Number of diesel cars registered across the EU declined by 14.1%, to 1 million units

     

196. UK avoids recession but underlying growth trend deteriorates

     11 November 2019 Chris Williamson

     The latest official data show the UK economy contracting for a second successive month in September, matching business survey data.

     

197. Givaudan to acquire US flavors and fragrances firm Ungerer

     11 November 2019

     Strengthening specialty ingredients capabilities.

198. AGC to expand biopharmaceutical production facilities in the US, Denmark

     11 November 2019

     Reinforcing CDMO business.

199. Aramco publishes 658-page prospectus ahead of IPO

     11 November 2019

     Riyadh can still sell more shares to foreign government entities despite contractual 12-month lockup.

200. Ireland’s Offshore Basins: Can Past Disappointments Lead to Future Success?

     11 November 2019 Niamh McGovern

     Offshore Ireland has over 30 years of exploration history. The last licensing round held in 2015 saw a significant increase in the interest of...

     

201. Nexam Chemical appoints new chairman

     11 November 2019

     Persson to take over from long-time incumbent Holm, who is resigning due to other commitments.

202. Crude Oil Trade: Iraq exports declining along with Suezmax market share

     11 November 2019 Fotios Katsoulas

     Iraq has been producing below its capacity of almost five million b/d, following the production cut agreement between OPEC and ten non-OPEC producers....

     

203. Japan looking to subsidise compact BEVs

     11 November 2019 IHS Markit Automotive Expert

     The Japanese government is looking at offering subsidies for the purchase of compact battery electric vehicles (BEVs).

     

204. Singapore air force concludes KC-135R operations

     11 November 2019

     The Republic of Singapore Air Force (RSAF) ceased operating its four Boeing KC-135R Stratotanker aircraft in June, with the new A330 Multi-Role...

205. Aramco publishes 658-page prospectus ahead of IPO

     11 November 2019

     Riyadh can still sell more shares to foreign government entities despite contractual 12-month lockup.

206. Boeing appoints new MD for Australian business

     11 November 2019

     Boeing has named Scott Carpendale as vice president and managing director of Boeing Defence Australia (BDA). Carpendale succeeds Darren Edwards...

207. GRSE lays keel for Indian Navy’s first 110 m survey vessel

     11 November 2019

     Garden Reach Shipbuilders and Engineers (GRSE) has laid down the first of four survey vessels on order for the Indian Navy. Keel for the vessel...

208. Curtiss-Wright exploring defence acquisitions

     11 November 2019

     Curtiss-Wright is prepared to invest up to USD1.6 billion to acquire other businesses and is looking at potential deals in several sectors, including...

209. HHI launches Daegu-class frigate for RoK Navy

     11 November 2019

     South Korean shipbuilder Hyundai Heavy Industries (HHI) has launched the third of eight Daegu (FFX-II)-class guided-missile frigates on order...

210. Japan looks to boost exports of defence components

     11 November 2019

     Japan is focusing on building its defence export profile through transfers of components and subsystems while continuing efforts to secure an...

211. UK prepares for ‘Wilton’ peacetime route survey capability

     11 November 2019

     The UK Ministry of Defence (MoD) is moving forward with plans to deliver a new unmanned autonomous capability for peacetime mine countermeasures...

212. Indian MoD awards OFB USD2.8 billion contract to licence-build 464 additional T-90S MBTs

     11 November 2019

     India’s Ministry of Defence (MoD) has signed a INR200 billion (USD2.8 billion) contract with the state-owned Ordnance Factory Board (OFB) to li...

213. Burundi’s AMISOM contingent receives Springbuck, Fahd vehicles

     11 November 2019

     The Burundian contingent serving with the African Union Mission in Somalia (AMISOM) has taken delivery of 10 Springbuck Heavy Duty (HD) mine-resistance...

214. Expert guidance: Naval centres of excellence provide expertise and training for new global realities

     11 November 2019

     NATO’s naval centres of excellence are evolving against a changing strategic backdrop, with militaries increasingly focused on the potential for p...

215. Final Hobart-class destroyer to be delivered to RAN in February 2020

     11 November 2019

     The third and final Hobart-class Air Warfare Destroyer (AWD) on order for the Royal Australian Navy (RAN) is set to be handed over to the service...

216. NATO’s training mission in Iraq gaining momentum

     11 November 2019

     NATO’s train-the-trainer mission in Iraq is making progress on several fronts, including ordnance disposal, equipment codification, and cyber...

217. Pentagon official accuses China of failing to enforce UNSC resolutions on North Korea

     11 November 2019

     Randall Schriver, the US Assistant Secretary of Defense for Indo-Pacific Security Affairs, has accused China of failing to enforce UN Security...

218. Spain gives go-ahead to buy final two Seahawks

     11 November 2019

     The Spanish government has given the go-ahead to buy a final two Sikorsky SH-60F Seahawk helicopters as part of a stopgap measure to cover the...

219. Spanish Army orders portable CBRN laboratory from Indra

     11 November 2019

     The Spanish Army is to receive a rapidly deployable portable chemical laboratory from Indra, the company announced in a press release on 7 November....

220. Vietnam modernising its AK-47 assault rifles

     11 November 2019

     Vietnam’s Z111 factory has launched a modernisation of the armed forces’ inventory of AK-47 assault rifles in a move aimed at making the weapons...

221. Czech Pandur II availability suffers from spare parts delays

     11 November 2019

     Meeting with members of parliament (MPs) in Prague on 30 October, Czech generals revealed that 21 of the army’s 107 Pandur II armoured vehic...

222. Germany should take more responsibility for defence, security, minister says

     11 November 2019

     German Defence Minister Annegret Kramp-Karrenbauer has called for Germany to have a greater “ability to act” (“Handlungsfähigkeit”) in defence and security. In ...

223. Hypersonics Pitch Day companies impressed by US Air Force’s contracting speed

     11 November 2019

     Key Points A pair of participants in the US Air Force’s first Hypersonic Pitch Day were impressed with how fast the service awarded them contr...

224. US GAO’s sustain rate for bid protests declines slightly

     11 November 2019

     The US Government Accountability Office (GAO) sustained 13% of the bid protests it “resolved on the merits” in fiscal year 2019 (FY 2019), acco...

225. CAE names top defence executive for Canada

     11 November 2019

     Montreal-based CAE has appointed France Hébert as vice-president of defence and security for Canada, making her the company’s top executive ...

226. Quickstep, Radius collaborate on F-35 composites

     11 November 2019

     Australia firm Quickstep Holdings Limited has entered an agreement with US-based Radius Engineering to collaborate on setting up a facility in...

227. Australia’s third air warfare destroyer completes sea trials

     11 November 2019

     Key Points Australia’s third air warfare destroyer has concluded its sea trials The vessel will be delivered to the Royal Australian Navy in Fe...

228. Week Ahead Economic Preview: Week of 11 November 2019

     08 November 2019 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw

     US-China trade developments are dominating markets and the coming week will see the release of important indicators of how both economies have...

     

229. M&A quarterly briefing: Volumes and values rise strongly

     08 November 2019

     Chemicals M&A volumes and values both rose strongly on a year-on-year (YOY) basis during the second-quarter of 2019, according to CW data. Deal...

230. Path to plastics recycling lies in the chemical route

     08 November 2019

     Advances in recycling technologies are key to tackling plastic waste.

231. Kronos earnings down YOY on pricing, costs

     08 November 2019

     Earnings per share of $0.16 missed the average analyst estimate of $0.19.

232. Sumitomo Chemical America joins cleantech incubator

     08 November 2019

     Sumitomo Chemical America announced today that it has joined cleantech incubator Greentown Labs (Somerville, Massachusetts) as a "Terrawatt-level...

233. Togo and Dangote link in $2 billion fertilizer project

     08 November 2019

     Using country's large phosphate reserves.

234. Ercros posts higher earnings, sales on volume increase, lower costs

     08 November 2019

     Cost of key inputs declined by more than prices of Ercros products.

235. Capital Markets Weekly: China and Brazil achieve long-dated debt successes

     08 November 2019 Brian Lawson

     China raised 12- and 20-year funding in its first Euro-deal since 2004. Brazil sold 10-and 31-year dollar debt at its second-lowest cost to date....

     

236. Acron to expand ammonium nitrate capacity in Russia

     08 November 2019

     Supported by nitric acid plant expansion.

237. Total quits American Fuel & Petrochemical Manufacturers Association in dispute over climate stance

     08 November 2019

     Maintains membership of three other American associations.

238. Sadara losses mount on lower product prices

     08 November 2019

     Cumulative nine-months' losses huge.

239. Report: Air Liquide to put Schülke up for sale

     08 November 2019

     German subsidiary could be valued at up to Euros 1 billion as Air Liquide looks to streamline its operations, according to Reuters.

240. Sibur taps McKinsey for board appointment

     08 November 2019

     To head development and R&D department.

241. Perstorp breaks ground on pentaerythritol project in India

     08 November 2019

     Switched location from Maharashtra to Gujarat.

242. UPL's profit plunges on one-time costs, operating units achieve higher profitability

     08 November 2019

     Company reports growth across global operations.

243. Celanese partners with Chinese firm on R&D and expansion into emerging markets

     08 November 2019

     Companies will evaluate where Celanese can develop new product applications for use in Oriental Yuhong's waterproofing business.

244. China Sunsine's profit plummets on lower average selling price

     08 November 2019

     Decrease in ASP was mainly due to the lower price of raw materials.

245. PV installation forecast in China lowered in 2019 but global forecast of 129 GW in 2019 remains unchanged

     08 November 2019 Edurne Zoco, Ph.D.

     On October 29th, the China National Energy Administration (NEA) released cumulative connection data for the first nine months of 2019 of 15.99...

     

246. Orica swings to profit

     08 November 2019

     Volume for AN grew by 3% YOY to 1.68 MMt in Australia Pacific & Asia region.

247. India's lucrative energy industry

     08 November 2019 IHS Markit Energy Expert

     India is the fastest growing major economy besides China and will be the prime contributor to the Asian fuel demand growth

     

248. Denka's first-half income drops, cuts forecast

     08 November 2019

     Elastomers and performance plastics segment achieved lower profitability.

249. Crude Oil Trade: Nigeria shipped less in October, but demand for Suezmax increased

     08 November 2019 Fotios Katsoulas

     There is no doubt that the construction of the 650,000 b/d Dangote refinery in Nigeria will be a landmark both for the oil industry in West Africa...

     

250. Recipharm profit, sales rise on good business

     08 November 2019

     Company reported good good growth across all segments and regions.

251. HII CEO cites continued maintenance capacity issue for USN ships

     08 November 2019

     The US Navy (USN) continues to face capacity issues in trying to keep its ships maintained, Huntington Ingalls Industries (HII) CEO Michael Petters...

252. Keel authenticated for first Flight III Arleigh Burke-class destroyer

     08 November 2019

     The keel for the first planned US Navy (USN) Flight III Arleigh Burke-class guided missile destroyer Jack H Lucas (DDG 125) was ceremoniously...

253. South Korea launches Philippine Navy’s second José Rizal-class frigate

     08 November 2019

     Key Points South Korea has launched a second José Rizal-class frigate on order for the Philippine Navy The vessel is on track for delivery in 2...

254. US Air Force plans aircraft communications survivability test in December

     08 November 2019

     Key Points The USAF is planning a communications test between a F-22 and F-35, both of which use different languages and frequencies to exchange...

255. Naval vessel revenue up in Fincantieri Q3 results

     08 November 2019

     Italian naval shipbuilder Fincantieri reported a 9.7% increase in revenues in the first three quarters of 2019 on 7 November, when it released...

256. Leonardo revenues up 10.8% in first nine months of 2019

     08 November 2019

     Italy's defence and aerospace manufacturer Leonardo published financial results covering the first nine months of its 2019 financial year on...

257. Hyundai, Philippines to co-operate on navy projects

     08 November 2019

     South Korean shipbuilder Hyundai Heavy Industries (HHI) and the Philippines Department of National Defense (DND) have signed an agreement to...

258. Iran reports two more tanker attacks to IMO

     08 November 2019

     Iran has told the International Maritime Organization (IMO) that three of its tankers have been attacked in the Red Sea this year, the Wall Street...

259. UAE to buy additional Chinooks

     08 November 2019

     The United Arab Emirates (UAE) is set to receive additional Boeing CH-47F Chinook medium/heavy-lift transport helicopters, with US State Department...

260. Maritime security coalition stands up HQ in Bahrain

     08 November 2019

     Coalition Task Force (CTF) Sentinel, the multinational maritime security mission for the waters around the Arabian Peninsula, announced on 7...

261. Australia hands over Guardian-class patrol boat to Solomon Islands

     08 November 2019

     Australia handed over a Guardian-class patrol boat to the government of the Solomon Islands in a ceremony held on 8 November at the facilities...

262. IDF planners make increased use of battle simulations

     08 November 2019

     The Israel Defense Forces’ (IDF) Operations Branch has been making increasingly effective use of a battle simulation computer system, an offic...

263. Ukraine to revive BTR-4 contract

     08 November 2019

     The Ukrainian President Volodymyr Zelensky has instructed the Ukrainian cabinet of ministers to consider an extension to the BTR-4E armoured...

264. Bulgaria purchases two used Tripartite-class minehunters

     08 November 2019

     The Bulgarian government decided on 6 November to purchase two used Tripartite-class minehunters from the Netherlands for nearly EUR2 million...

265. Rheinmetall’s sales rise on defence strength

     08 November 2019

     The Rheinmetall Group’s sales grew 3.1% to EUR4.3 billion (USD4.7 billion) in the first nine months of this year, as gains in the Defence secto...

266. UK Royal Navy begins mini-UAV training

     08 November 2019

     UK Royal Navy (RN) personnel have begun flying mini-unmanned aerial vehicles (UAVs) from an airfield in Cornwall as part of the service’s exper...

267. UK deploys up-armoured Warrior IFVs to Estonia

     08 November 2019

     Up-armoured Alvis Warrior infantry fighting vehicles (IFVs) have been deployed to Estonia as part of a rotation of the equipment for the UK-led...

268. Royal Australian Navy ranks grow by 1,000 personnel in less than two years

     08 November 2019

     The number of Royal Australian Navy (RAN) personnel has increased by more than 1,000 in less than two years, according to the Department of Defence...

269. Northrop Grumman to deliver tactical data link systems to ADF

     08 November 2019

     Northrop Grumman announced on 6 November that has been awarded a three-year contract by the Australian Defence Force Tactical Data Link Authority...

270. HHI launches second and final José Rizal-class frigate for Philippine Navy

     08 November 2019

     South Korean shipbuilder Hyundai Heavy Industries (HHI) has launched the second and final José Rizal-class multirole frigate on order for the ...

271. Ukraine to spend 3% of GDP on defence in 2020

     08 November 2019

     Ukraine will spend 3% of GDP on defence in 2020, totalling UAH136 billion (USD5.539 billion), Defence Minister Andriy Zahorodniuk said during...

272. Update: US Air Force plans big investments towards digital architecture, space capabilities

     08 November 2019

     Key Points The US Air Force plans to invest heavily over the next five years on digital architecture and both offensive and defensive space capabilities...

273. Triumph Group eyes more defence work

     08 November 2019

     Triumph Group, which makes and repairs aircraft parts, is pursuing several opportunities to grow its share of robust US defence spending, according...

274. Trinseo's Pappas to receive SCI Medal

     07 November 2019

     The medal honors an individual whose leadership, commitment, and contributions have been responsible for substantial progress and performance...

275. Ineos declares force majeure on ethanolamines, cites EO outage at Plaquemine

     07 November 2019

     The outage appears to be tied to the explosion at Dow's Glycol 2 unit at Plaquemine.

276. Element Solutions beats estimates despite lower sales

     07 November 2019

     Element Solutions, the former electronic chemicals business of Platform Specialty Products, today reported a third-quarter net loss of $6 million...

277. Air Products earnings up 13% on new project volumes

     07 November 2019

     The company indicated that organic growth was essentially flat for the quarter due to industrial weakness with volume growth driven by plant...

278. Chemtrade sales down 5% YOY on lower caustic, HCl pricing

     07 November 2019

     Excluding one-time asset transactions, net income was C$9.7 million, up from C$0.8 million in the year-ago period.

279. ICL reports drop in sales on lower volumes and prices

     07 November 2019

     On track with phosphoric acid project in China.

280. IHS Markit Asia Chemical Conference: Nylon 6,6 outlook turns positive as feedstock supply improves

     07 November 2019

     Market faced disruption in 2017-18 due to an adiponitrile feedstock shortage.

281. Solvay's earnings up on composites demand growth, higher prices for soda ash, peroxides

     07 November 2019

     Higher demand for Solvay's products from the aerospace industry mitigated weakness for products supplied to the automotive, electonics sectors....

282. BASF and NGK partner in developing next generation sodium-sulfur batteries

     07 November 2019

     Extending collaboration.

283. Adama and Huifeng form commercial crop protection JV in China

     07 November 2019

     Ahead of a larger transaction.

284. Arakawa Chemical registers poor performance across business units

     07 November 2019

     Net profit down by 51.4% YOY.

285. US-China trade tension, sluggish Chinese economy squeeze Toray's earnings

     07 November 2019

     The chemicals business was affected by the decline in the basic chemicals market.

286. PTTGC's earnings hurt by poor olefins, aromatics performance

     07 November 2019

     PE price was impacted by global economic slowdown and US-China trade tension.

287. Lower semiconductor, automotive demand hurts Daikin's chemical earnings

     07 November 2019

     Market deceleration affected YOY results.

288. Toyobo reports lower profit on flat revenue

     07 November 2019

     Net profit down by 31% YOY.

289. Crude Oil Trade: Mexico recovering, with a limited impact on shipping

     07 November 2019 Fotios Katsoulas

     Pemex recently announced its results for September, with crude oil production having reached 1.731 million b/d, up 24,000 b/d since August, but...

     

290. Breaking the dynasty: Midstream reforms in Asia’s gas markets

     07 November 2019 Zhi Xin Chong Vince Heo Vidur Singhal Tianshi Huang Kaori Tachibana

     As with many natural gas markets around the world, Asian gas markets typically developed as natural monopolies, built around national or private...

     

291. Air Liquide, Sinopec sign MOU on hydrogen mobility in China

     07 November 2019

     Air Liquide will provide Sinopec with its hydrogen supply chain, from production and storage to distribution.

292. LG Chem opens $95 million petchem technology center in South Korea

     07 November 2019

     The Osan tech center will have more than 60 laboratories to test petchem products

293. Higher volumes boost India's Balaji Amines earnings

     07 November 2019

     Amines volume grew 23% YOY.

294. India's National Fertilizer's profit falls on higher volume

     07 November 2019

     Net profit plunges 66% YOY.

295. PTTGC affiliate Global Green Chemicals swings to loss

     07 November 2019

     Reports a net loss of 97 million baht.

296. Solvay reorganizes businesses, targets cost cuts under new strategy

     07 November 2019

     The strategy, which also includes financial targets through 2024, follows a portfolio review launched by new CEO Ilham Kadri.

297. McDermott licenses alpha-methylstyrene technology to Formosa Chemicals

     07 November 2019

     Process to be used at Ningbo, China.

298. Linde to invest $100 million in three ASUs in Taiwan to supply electronics customer

     07 November 2019

     Completion due in 2021.

299. Pentagon intensifies warning over pending programme delays

     07 November 2019

     With the US House of Representatives set to begin public impeachment hearings for President Donald Trump, the military services are ramping up...

300. UK Boxer contract signed

     07 November 2019

     The Organisation for Joint Armament Cooperation (OCCAR) and Rheinmetall-Krauss-Maffei Wegmann (KMW) joint venture Artec signed a GBP2.8 billion...

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