2007-09

DEAD SEA BROMINE TO INCREASE THE PRICE OF BROMINE BY 15 %

European Chemical News: August 2007
ICL Industrial Products (parent of Dead Sea Bromine), will increase the price of bromine by approximately 15 percent. Bromine production and marketing requires significant investments in infrastructures of logistics and feed stocks supply. Currently the company is upgrading its fleet of bromine isotanks.
ICL Industrial Products is one of the ICL Group’s three operating segments. It produces bromine, magnesia and chlorine from Dead Sea brines and manufactures a range of bromine compounds for water treatment.

FMC TO INCREASE PRICES FOR HYDROGEN PEROXIDE

Chemistry & Industry: August 2007
FMC Corporation has announced prices for hydrogen peroxide to increase $0.04 per pound (100 percent basis) in the United States and $80 (Canadian) per metric ton in Canada.  FMC’s hydrogen peroxide energy and transportation fuel surcharges will remain in force.
“Hydrogen peroxide is a versatile, environmentally friendly oxidizer that is undervalued at current price levels,” said Bob Zacker, hydrogen peroxide marketing manager, FMC Peroxygens.  “In addition, margins continue to be pressured by persistently high energy, raw material and freight costs.” 
FMC is the leading producer of hydrogen peroxide in North America with a broad network of plants and distribution centers located throughout the United States, Canada and Mexico.

INDUSTRIAL NANOTECH NOW DISTRIBUTES IN AFRICA & EUROPE

Plastics Technology: September 2007
Industrial Nanotech, an emerging global leader in nanotechnology, has awarded African distribution rights for its Nansulate® product line to Megaros Industrial Products. Since 1995, Maryland-based Megaros Industrial Products has cultivated a significant track record in the engineering, industrial products, and specifically in high tech coatings.
"We are very excited to begin our alliance with Industrial Nanotech and feel their products can have a lasting impact in Africa. Our efforts will be focused on both the industrial and residential areas," said James Umekwe, President, Megaros Industrial Products, Inc. "We feel that Nansulate has great potential in industrial markets like oil & gas, petrochemical and manufacturing to decrease energy use, protect equipment and decrease carbon emissions. On the residential side, we look forward to introducing a product that provides an economical means to keep homes cooler, thus improving quality of life. We look to make Nansulate a household name, and, as our business grows, to offer employment and economic opportunities throughout Africa."
"We welcome Megaros Industrial Products to our network of international distributors," states Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. "We are excited to enter the African market and see many opportunities for our nanotechnology-based coatings to provide energy savings, corrosion resistance, and improve health conditions by keeping buildings and dwellings cooler despite the common lack of air conditioning, as well as provide protection from mold growth and encapsulation of lead-based paints. We look forward to continued expansion in this region."
For Czech/Hungary/Slovakian, it has awarded distribution rights for its Nansulate product line to Sperka Izol, s.r.o.. "We welcome Sperka Izol, s.r.o. as our newest international distributor," states Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. "Nansulate has been well received in Europe and these regions present a rich market opportunity for Industrial Nanotech products. We feel Industrial Nanotech's energy saving, corrosion resistant, and mold resistant Nansulate line of coatings will make a significant impact to the fast-developing regions of Eastern Europe."

DEGUSSA CHANGES NAME TO EVONIK

European Chemical News: September 2007
"Evonik is Germany's creative industrial group for chemicals, energy and real estate. Our goal is to become one of the most creative industrial groups in the world," stated Dr. Müller as he introduced the new group brand. "Our portfolio, which consists of the Chemicals, Energy, and Real Estate business areas, unites a strong substance with attractive growth potential," continued Dr. Müller.
The new brand of Evonik Industries, which along with the name and trademark also includes the new corporate color, "deep purple," will be launched during the coming weeks and months within the framework of a creative advertising campaign. "We intend to let our success be measured by the satisfaction of our employees and customers as well as our performance on the capital markets," stated Dr. Müller. He added that Evonik intends to create confidence by means of strong performance and good earnings to gain esteem as a prime investment. Previous corporate brands such as Degussa, Steag, and RAG Immobilien will no longer exist. The Chemicals, Energy, and Real Estate business areas now operate under the company name of Evonik.
Company information
Evonik Industries AG is the creative industrial group which operates in three highly profitable, promising business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability. Evonik Industries is active in over 100 countries around the world. In fiscal 2006 around 43,000 employees generated sales of €14.8 billion and operating profit (EBIT) of over €1.2 billion. Evonik plans to enter the capital market in the first half of 2008.

ARCH SEES GROWTH IN BIOCIDES

ICIS news: September 2007
Arch Chemicals sees strong potential for growth in broad new applications for calcium hypochlorite, best known for cleaning pools and spas, a company spokesman said on Friday.
One such application is providing South America’s coffee producers with a value-adding biocide wash called Frexus, company spokesman Dale Walter said. Walter said this week's divestiture of Arch’s performance urethanes subsidiary in Venezuela - Arch Quimica Andina - will help position the company’s strength in biocides.
The sale will leverage the company's expansion in the South American market and other developing regions, he said. “We plan to focus on our core business of biocides, such as calcium hypochlorite, which is a chemical used for swimming pool treatment but can also be used as a wash for coffee beans,” he said in a phone interview with ICIS.
In addition to South and Central America, where the majority of the world’s coffee is produced, Arch sees potential for the application in southeast Asia, where countries such as Indonesia, Vietnam and Cambodia have been increasing their coffee production over the years.
“We’ve found that when something catches on in one region, it could be a success elsewhere,” Walter said of the commercial expansion into Southeast Asia. Other applications for the biocide are expanding in Asia for use in end markets such as shrimp farms, animal feeder systems and fruit-and-vegetable washes.
The company does not manufacture the product in China, but it views Asia’s largest country as a major market for growth. With recent concern about the safety of goods from China, the market might show potential, Walter said.
“We have been finding broad new applications, even in South Africa for instance where the quality of the process water at the gold and platinum mines was so poor that it posed health hazards for the mine workers,” he said.