IHS Chemical Week

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August 21, 2014
Gemini HDPE, a manufacturing joint venture between an Ineos US olefins and polymers subsidiary and Sasol, has hired KBR to provide engineering, procurement, and construction services for a planned 470,000-m.t./year high-density polyethylene facility at Ineos's Battleground Manufacturing Complex at La Porte, TX....
http://www.chemweek.com/regions/north_america/Ineos-Sasol-hire-KBR-for-La-Porte-HDPE-project_63335.html
August 21, 2014
Billionaire George Soros has more than doubled his stake in Yacimientos Petroliferos Fiscales (YPF; Buenos Aires), purchasing 8.47 million shares during the second quarter, Bloomberg...
http://www.chemweek.com/regions/south_america/argentina/Report-Billionare-Soros-more-than-doubles-stake-in-Argentinas-YPF_63333.html
August 21, 2014
Vale (Rio de Janeiro) is progressing with plans to develop the Kronau potash mine in Canada. The company has awarded an engineering services contract to WorleyParsons for the project...
http://www.chemweek.com/regions/north_america/Vale-progresses-potash-project-in-Canada-awards-contract-to-WorleyParsons_63329.html
August 20, 2014
Bartek Ingredients (Stony Creek, ON) has announced a large expansion of its capacity for malic and fumaric acid, and its precursor material, maleic anhydride. The company will add 50...
http://www.chemweek.com/regions/north_america/Bartek-Ingredients-to-expand-malic-fumaric-acids-capacity_63327.html
August 20, 2014
DuPont has reached agreement to sell its copper fungicide business assets to Mitsui & Co. (Tokyo). The sale is expected to close in fourth-quarter 2014 subject to approvals from...
http://www.chemweek.com/regions/north_america/us/DuPont-to-sell-copper-fungicide-business-to-Mitsui-and-Co-_63316.html
August 20, 2014
Siluria Technologies (San Francisco) announced today that Saudi Aramco's venture investment subsidiary has become an equity investor in Siluria, a pioneer in commercial...
http://www.chemweek.com/regions/north_america/Aramco-becomes-equity-investor-in-technology-firm-Siluria-studying-project_63313.html
August 20, 2014
DuSolo Fertilizers (Vancouver) has received environmental and operating licenses for a direct application natural fertilizer (DANF) processing capacity expansion in the Cerrado region...
http://www.chemweek.com/regions/south_america/brazil/DuSolo-Fertilizers-receives-environmental-operating-licenses-for-DANF-expansion-in-Brazil_63312.html
August 20, 2014
Braskem could be forced to halt operations at two of its production units in Brazil in the coming weeks if talks with Petrobras over naphtha-supply pricing do not come to an agreement...
http://www.chemweek.com/regions/south_america/brazil/Report-Braskem-could-halt-two-units-if-naphtha-contract-talks-with-Petrobras-fail_63311.html
August 20, 2014
ACC has released its monthly US chemical production regional index (US CPRI), showing a 0.4% increase over July following a downwardly revised 0.2% gain in June. ACC says manufacturing...
http://www.chemweek.com/regions/north_america/ACC-US-chemical-production-up-in-July_63294.html
August 19, 2014
Westlake Chemical Partners has elected Gary Adams and Max Lukens to its board of directors. Adams in 1997 became president of consulting group CMAI and led its global operations. In...
http://www.chemweek.com/regions/north_america/Westlake-Chemical-Partners-appoints-new-board-members_63282.html
August 18, 2014
Coatings maker Axalta has announced a $10.5-million investment to expand its transportation coatings resins site at Tlalnepantla, Mexico. The expansion will expand the site’s...
http://www.chemweek.com/regions/north_america/Axalta-to-expand-Mexico-site_63281.html
August 18, 2014
BHP Billiton (Melbourne) has confirmed that, as part of a plan to simplify its portfolio, it is favoring demerging noncore assets to concentrate on the iron ore, copper, coal, and...
http://www.chemweek.com/regions/north_america/BHP-Billiton-confirms-demerger-plans_63259.html
August 18, 2014
Mexichem (Tlanelpantla, Mexico) has reached an agreement to acquire Dura-Line (Knoxville, TN) from private equity firm CHS Capital (Chicago) for $630 millon in cash and assumed...
http://www.chemweek.com/regions/north_america/Mexichem-acquires-US-based-HDPE-conduit-and-pipe-producer-for-$630-million_63271.html
August 18, 2014
Brazil's chemical trade deficit amounted to $17.2 billion in the first seven months of the year, down of 3.4% year-on-year (YOY), according to the latest figures published by Abiquim...
http://www.chemweek.com/regions/south_america/brazil/Brazils-chemical-trade-deficit-decreases-more-than-3-percent_63268.html
August 18, 2014
Sirius Minerals (London), which is developing the world’s largest and highest grade deposit of polyhalite, announced today the signing of an additional binding take-or-pay...
http://www.chemweek.com/regions/south_america/venezuela/Sirius-signs-potash-offtake-agreement-with-Central-American-distributor_63262.html
August 18, 2014
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 18 out of 20 this week. Thus, we continue to post a green banner. Producer Prices up 0.1%; up 1.7% Y/Y...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-15-August-2014_63270.html
August 18, 2014
An equipment failure on 14 August will disrupt production at Huntsman’s Port Neches, TX, facility for 2-3 weeks, the company says. Huntsman makes methyl-tert butyl ether (MTBE), propylene oxide (PO), and propylene glycol (PG) at the facility....
http://www.chemweek.com/regions/north_america/Huntsman-reports-2-3-week-disruption-at-Port-Neches_63258.html
August 15, 2014
Quaker Chemical announced today that it has acquired specialty grease manufacturer ECLI Products (Aurora, IL) for $52 million. ECLI, with estimated 2014 Ebitda of $7 million...
http://www.chemweek.com/regions/north_america/Quaker-acquires-specialty-grease-maker_63246.html
August 15, 2014

Hedge fund Third Point reports holding a 22-million share stake in Dow Chemical, valued at $1.1 billion, according to its second-quarter report on US-traded equity holdings with SEC on 14 August. Third Point also reports new stakes in DSM and FMC. Jana Partners joined Third Point with a new FMC stake in the second quarter. 

...

http://www.chemweek.com/regions/north_america/us/Third-Point-reports-1-8-percent-Dow-holding-Third-Point-Jana-take-stake-in-FMC_63234.html
August 15, 2014
Mosaic announced today that its board of directors has named Mark Isaacson v.p., general counsel, and corporate secretary, as well as part of the senior leadership team. Isaacson has...
http://www.chemweek.com/regions/north_america/Mosaic-announces-several-senior-leadership-appointments_63242.html
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