IHS Chemical Week

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March 27, 2015
Dow Chemical has definitively agreed to merge most of its chlor-alkali and downstream derivatives business with Olin in a transaction that values the business at $5 billion. The terms...
http://www.chemweek.com/regions/north_america/us/Dow-to-merge-chlor-alkali-and-derivatives-with-Olin-in-deal-valued-at-$5-billion_68979.html
March 27, 2015
Airgas says it is building a new air separation unit (ASU) to produce tonnage oxygen, nitrogen, and argon for a Nucor plant in Tuscaloosa, AL. The ASU will supply Nucor’s plant...
http://www.chemweek.com/regions/north_america/Airgas-to-construct-ASU-near-steel-plant-in-Alabama_68984.html
March 27, 2015
Albemarle yesterday said it is raising prices for elemental bromine and bromine derivatives by 30%. The increases will be effective immediately or as soon as contracts permit. Clear...
http://www.chemweek.com/regions/north_america/Albemarle-raises-elemental-bromine-prices_68985.html
March 27, 2015
Asahi Kasei Chemicals said today that, through its Asahi Kasei Plastics North America subsidiary, it will establish a plastics compounding subsidiary in Mexico. The company, as part of...
http://www.chemweek.com/regions/north_america/Asahi-Kasei-to-set-up-plastics-compounding-subsidiary-in-Mexico_68977.html
March 27, 2015
Demand for key basic chemicals has surged since the financial crisis of 2008-2009, but imbalances in supply and demand have emerged that will shape margins through the end of the decade, says Mark Eramo, v.p./global chemical insights at IHS Chemical. Ethylene and vinyls are set to benefit, but methanol could be challenged....
http://www.chemweek.com/regions/north_america/us/IHS-WPC-Basic-chemical-capacity-to-grow-4-percentyear-this-decade_68981.html
March 27, 2015
AbbVie is to invest $30 million to expand one of its manufacturing sites in Puerto Rico. The expansion will add to Puerto Rico’s manufacturing capabilities for...
http://www.chemweek.com/regions/north_america/AbbVie-to-invest-in-biopharma-expansion-in-Puerto-Rico_68964.html
March 27, 2015
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the...
http://www.chemweek.com/regions/north_america/NPE2015-Styrolution-anticipates-demand-for-styrenic-resins-to-remain-strong_68894.html
March 27, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that it has entered into an agreement with Allana Potash (Toronto), a potash mining company whose shares are traded on the Toronto...
http://www.chemweek.com/regions/north_america/canada/ICL-to-acquire-remaining-shares-in-Allana-Potash_68968.html
March 27, 2015
ChevronPhillips Chemical (CP Chem) began a start-up event from its shutdown Ethylene Unit 33 at its Sweeny, Texas, facility, according to a filing with state regulators on Thursday...
http://www.chemweek.com/regions/north_america/CPChem-begins-start-up-at-Texas-ethylene-unit_68949.html
March 26, 2015
H.B. Fuller has reported fiscal first-quarter net income down 34% year-on-year (YOY), to $9.7 million, or 19 cts/share, on net revenue down 3.2%, to $470.7 million. Adjusted earnings...
http://www.chemweek.com/regions/north_america/H-B-Fuller-earnings-fall-on-currency-full-year-guidance-reaffirmed_68936.html
March 26, 2015
A consortium comprising CB&I, Chiyoda International, and Zachry Group today announced the award of a contract valued in excess of $2 billion by FLNG Liquefaction 3 (Freeport LNG)...
http://www.chemweek.com/regions/north_america/CB-and-I-Chiyoda-and-Zachry-consortium-awarded-contract-for-LNG-liquefaction-and-export-facility_68947.html
March 26, 2015
AkzoNobel today announced plans to invest more than €20 million ($21.7 million) in its organic peroxides production facilities at Mons, Belgium; and Pasadena, TX. At Mons, the...
http://www.chemweek.com/regions/north_america/AkzoNobel-to-invest-in-organic-peroxides-operations-in-Europe-and-the-US_68946.html
March 26, 2015
The European Parliament's committee on Industry, Research and Energy (ITRE) says that the transatlantic trade and investment partnership (TTIP), currently being negotiated between the...
http://www.chemweek.com/regions/north_america/TTIP-European-Parliament-committee-calls-for-support-of-SMEs-energy-intensive-sector-access-to-US-markets_68938.html
March 26, 2015
Although China accounts for the world's largest para-xylene (p-xylene) capacity, it will still need to import more than half of this capacity for the foreseeable future, according to...
http://www.chemweek.com/regions/north_america/IHS-WPC-2015-China-to-keep-importing-p-xylene-as-production-and-demand-grows_68935.html
March 26, 2015
Solvay said on Wednesday that it plans to expand capacity at its hydrogen peroxide (H2O2) plant at Longview, WA, to meet growing demand from the pulp and paper industry in the Pacific...
http://www.chemweek.com/regions/north_america/Solvay-hikes-US-hydrogen-peroxide-capacity-to-meet-pulp-and-paper-electronics-demand_68923.html
March 26, 2015
Sumitomo Chemical’s wholly owned Valent BioSciences (Libertyville, IL) subsidiary and Evolva (Reinach, Switzerland) have signed an exclusive agreement to codevelop and...
http://www.chemweek.com/regions/north_america/us/Evolva-and-Sumitomo-Chemical-subsidiary-to-co-develop-agricultural-bioactives_68922.html
March 25, 2015
“Changing oil prices have not changed the fact that shale production technologies have unlocked an abundant long-term supply of natural gas in the region,” says Matt Aguiar, senior v.p. at ExxonMobil Chemical. “US gas production has grown by 45% over the past six years. The nation has a nearly 100-year natural gas supply, and it’s still growing.”...
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2015-ExxonMobil-sees-US-petrochemical-advantage-as-durable_68911.html
March 25, 2015
US crude and gasoline stocks moved in opposite directions for the third consecutive week as crude inventories firmed and gasoline inventories declined, according to data released by...
http://www.chemweek.com/regions/north_america/US-crude-stocks-up-11-weeks-in-a-row_68907.html
March 25, 2015
Activist hedge fund Trian fund Management (New York) today filed a definitive proxy statement with SEC for its four director nominees to stand for election to DuPont’s board at...
http://www.chemweek.com/regions/north_america/Trian-files-new-DuPont-proxy-slams-Kullman-over-stock-options_68896.html
March 25, 2015
US propylene inventories were slightly up in the week ended 20 March, according to data released by the Energy Information Administration (EIA) on Wednesday. The increase represents...
http://www.chemweek.com/regions/north_america/US-propylene-stocks-up-slightly-for-second-straight-week_68905.html
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