IHS Chemical Week

Archives :: World News and Views :: Americas

Displaying 1 - 20 of 13683 stories.
April 28, 2015
Air Products says that it has signed a product supply agreement with Big River Steel (Osceola, AR). Air Products, under the terms of the deal, will operate an air separation unit (ASU)...
http://www.chemweek.com/regions/north_america/us/Air-Products-signs-gas-supply-deal-with-Big-River-Steel_69867.html
April 27, 2015
Syngenta announced today that it has received US EPA approval for its breakthrough corn herbicide, Acuron. The first sales of the product to US growers will take place this year. In...
http://www.chemweek.com/regions/north_america/Syngenta-receives-EPA-approval-for-Acuron-corn-herbicide_69865.html
April 27, 2015
Fertilizer major EuroChem (Zug, Switzerland) today announced the selection of a site at St. John the Baptist Parish for its contemplated Louisiana natural gas-based fertilizer plant...
http://www.chemweek.com/regions/north_america/EuroChem-selects-site-in-Louisiana-for-ammonia-urea-manufacturing-complex_69861.html
April 27, 2015
Compass Minerals reports net earnings of $60.6 million for its fiscal first quarter, up 20.7% year-on-year (YOY), on sales down 6.8% YOY, to $393.0 million. “Our salt segment...
http://www.chemweek.com/regions/north_america/Compass-Minerals-earnings-jump-21-percent_69859.html
April 27, 2015
Shell Chemicals has completed the front-end engineering design (FEED) study on its previously announced ethane cracker at Monaca, PA, and is expected to make a final investment...
http://www.chemweek.com/regions/north_america/Shell-completes-FEED-on-US-cracker-encouraged-by-progress-in-Iraq_69834.html
April 27, 2015
Private equity firm Arsenal Capital (New York) has announced it is selling Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm...
http://www.chemweek.com/regions/north_america/Arsenal-Capital-to-sell-Royal-Adhesives-to-American-Securities_69843.html
April 27, 2015
The Institute for Shareholder Services (ISS; Rockville, MD), a proxy advisory firm, is recommending that two Trian nominees, including Trian founder and CEO Nelson Peltz, be elected to...
http://www.chemweek.com/regions/north_america/ISS-backs-two-Trian-seats-on-DuPont-board-update_69842.html
April 27, 2015
Alpek’s (Monterrey, Mexico) first-quarter net income totaled $48 million, up 32% year-on-year (YOY), according to the latest company's results. Ebitda was up to $137 million from...
http://www.chemweek.com/regions/north_america/Alpek-first-quarter-net-income-up-over-30-percent-despite-lower-prices-due-to-higher-sales-volume_69844.html
April 27, 2015
LSB Industries (Oklahoma City) says it has added five independent directors as part of an agreement with activist investor Starboard Value. LSB will also pursue several other moves as part of the agreement, including separating its chemicals and climate control businesses and possibly restructuring the chemicals business as a master limited partnership. LSB has appointed a new lead independent director and independent board committee to oversee the search for a president of the chemicals business....
http://www.chemweek.com/regions/north_america/us/LSB-satisfies-Starboard-by-adding-directors-pursuing-chemicals-MLP_69841.html
April 27, 2015
Williams Partners says a failed transformer has prevented its expanded Geismar, LA, olefins plant from running at the new full capacity, 1.95 billion lbs/year, but the issue will be corrected in June. The company expects the plant to run at its preexpansion capacity of 1.35 billion lbs/year through May....
http://www.chemweek.com/regions/north_america/us/Williams-Geismar-ethylene-running-well-to-reach-full-production-in-June_69838.html
April 27, 2015
The Biotechnology Industry Organization (BIO; Washington) says that it welcomes the European Commission’s recent decision to approve several genetically modified organisms (GMOs)...
http://www.chemweek.com/regions/north_america/us/BIO-welcomes-European-approval-of-GMOs-but-criticizes-proposal-to-give-European-states-a-greater-say_69832.html
April 27, 2015
LyondellBasell reports first-quarter net income of $1.164 billion, up 23% year-over-year (YOY) from $944 million as increased volumes and margins offset price declines. Sales totaled $8.185 billion, down 26% from $11.135 billion. Earnings of $2.41/share beat the consensus estimate of $2.12/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/LyondellBasell-beats-estimates-with-increase-in-net-income_69810.html
April 27, 2015
The US International Trade Commission (USITC) on 23 April has instructed the US Department of Commerce to continue an investigation into imports of polyethylene terephthalate (PET) resin from Canada, China, India, and Oman. DAK Americas, M&G Chemicals, and Nan Ya Plastics requested the investigation on 10 March, charging that dumped imports of PET resin have damaged their business....
http://www.chemweek.com/regions/north_america/USITC-votes-to-continue-PET-dumping-investigation_69820.html
April 24, 2015
Minerals Technologies (MTI) today reported net income that more than doubled year-on-year (YOY), to $35.1 million, or $1.01/share, on sales up 85%, to $453.3 million. The large...
http://www.chemweek.com/regions/north_america/Minerals-Technologies-earnings-double_69809.html
April 24, 2015
Petrobras's net loss totaled 26.6 billion reais ($8.85 billion) in the fourth quarter of 2014, and revenue was 85.04 billion reais, according to the delayed, audited results that the...
http://www.chemweek.com/regions/south_america/brazil/Petrobras-reports-a-big-net-loss-due-to-corruption-charges-asset-writedowns_69811.html
April 24, 2015
A. Schulman says that it has expanded its polyethylene terephthalate (PET) compounding capacity by adding a production line at the masterbatch plant at Bornem, Belgium. The added PET...
http://www.chemweek.com/regions/north_america/us/Schulman-expands-PET-masterbatch-compounding-capacity-in-Belgium_69795.html
April 24, 2015
Toyo Engineering (Narashino, Japan) today confirmed that it has been awarded a contract by Shin-Etsu Chemical’s Shintech subsidiary in the United States to construct the...
http://www.chemweek.com/regions/north_america/us/CB-and-I-Toyo-Engineering-confirm-contracts-for-Shin-Etsus-ethane-cracker-project-in-US_69793.html
April 24, 2015
Benzene spot prices have hit the $3.00/gallon mark in the United States for the first time in 2015, following a jump in NYMEX WTI crude futures. The jump also comes alongside stronger...
http://www.chemweek.com/regions/north_america/Benzene-hits-$3-00gal-in-US-on-stronger-demand-rising-crude_69718.html
April 24, 2015
LyondellBasell Industries could soon idle its metathesis unit at Channelview, TX, amid declining propylene prices, according to IHS Chemical analysts. The metathesis process consumes...
http://www.chemweek.com/regions/north_america/LyondellBasell-may-idle-metathesis-unit-as-propylene-prices-decline_69717.html
April 23, 2015
Dow Chemical reports income for the first quarter of $1.52 billion, up 42% year-over-year (YOY) from $1.07 billion on strong margin and volume gains, particularly in the performance plastics, and performance materials and chemicals, and consumer solutions segments. Sales fell 14% YOY to $12.37 billion lower prices and currency effects. Earnings of 84 cts/share beat the consensus estimate of 76 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/Dow-sails-by-estimates-on-margin-and-volume-gains-despite-14-percent-sales-drop_69713.html
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