IHS Chemical Week

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August 4, 2015
Cabot today reported a fiscal third-quarter net loss of $445 million, or $7.04/share, mostly due to a $482-million asset impairment charge related to the Supreme Court’s recent...
http://www.chemweek.com/regions/north_america/Cabot-swings-to-loss-on-MATS-ruling-charge-lower-sales_72731.html
August 4, 2015
3M and LG Chem have entered into a patent-license agreement to expand further the use of nickel, cobalt, and manganese (NCM) in lithium ion batteries. The balance of power, energy...
http://www.chemweek.com/regions/north_america/3M-LG-Chem-partner-to-expand-use-of-NCM-in-lithium-ion-batteries_72726.html
August 4, 2015
M. Holland Co. (Northbrook, IL) has completed the formation of its new affiliate in Mexico, M. Holland Latinoamérica. The business is a partnership between M. Holland and...
http://www.chemweek.com/regions/north_america/M-Holland-partners-with-Mexican-distributor-to-expand-Latin-American-presence_72722.html
August 3, 2015
Codexis announced today that it has signed a technology and license agreement with Merck worth up to $18 million. The deal grants Merck a non-exclusive license for Codexis’s...
http://www.chemweek.com/regions/north_america/Merck-to-license-Codexis-technology_72672.html
August 3, 2015
Safic-Alcan (Paris), a specialty chemicals distributor, has acquired a 75% stake in ChemSpec (Uniontown, OH). Financial details of the transaction have not been disclosed. ChemSpec is...
http://www.chemweek.com/regions/north_america/Safic-Alcan-acquires-majority-stake-in-US-distributor_72699.html
August 3, 2015
Lanxess said on Monday that effective 1 August, the US legal entity Rhein Chemie has merged into its parent, Lanxess, as an additives business unit. The merger is part of Lanxess's...
http://www.chemweek.com/regions/north_america/Rhein-Chemie-merges-into-Lanxess-as-part-of-groupwide-restructuring_72694.html
August 3, 2015
Brazil's National Bank for Economic and Social Development (BNDES; Rio de Janeiro) and Finep (Brasília), a development agency of the country's ministry of science, technology...
http://www.chemweek.com/regions/south_america/brazil/Brazil-launches-$640-million-plan-to-support-development-and-innovation-in-chemical-industry_72693.html
August 3, 2015
Renewable Energy Group (REG; Ames, IA) and Imperium Renewables (Seattle) have signed an asset-purchase agreement under which REG would acquire substantially all of Imperium's assets...
http://www.chemweek.com/regions/north_america/REG-to-acquire-Imperium-Renewables_72692.html
August 3, 2015
Dow Chemical today announced that it has completed the previously announced sale of AgroFresh, its postharvest specialty chemical business, to Boulevard Acquisition (New York), a...
http://www.chemweek.com/regions/north_america/us/Dow-completes-divestment-of-AgroFresh_72691.html
August 3, 2015
UN member states have agreed on the draft outcome document of a new sustainable development agenda. The deal provides momentum for a new, universal climate change agreement at a UN...
http://www.chemweek.com/regions/north_america/UN-member-states-agree-on-sustainable-development-goals_72689.html
August 3, 2015
Canpotex (Saskatoon, SK), the potash export cartel owned by Agrium, Mosaic, and PotashCorp, says that its board of directors has appointed Ken Seitz as president and CEO, effective 1...
http://www.chemweek.com/regions/north_america/canada/Canpotex-appoints-new-CEO_72682.html
August 2, 2015
Berry Plastics (Evansville, IN), a leading maker of plastic packaging, has announced an agreement to acquire Avintiv (Charlotte, NC), from Blackstone Group for approximately $2.45...
http://www.chemweek.com/regions/north_america/Berry-Plastics-to-acquire-Avintiv-from-Blackstone-for-$2-45-billion_72677.html
July 31, 2015
US second-quarter propylene production and inventories for 2015 were up over the year-ago period, according to data released on Friday from the American Fuel & Petrochemical...
http://www.chemweek.com/regions/north_america/us/US-propylene-production-up-in-second-quarter_72673.html
July 31, 2015
Air Products says it acquired an additional 30.5% of the outstanding shares of Indura (Santiago, Chile) for $278 million....
http://www.chemweek.com/regions/north_america/us/Air-Products-ups-Indura-stake-to-98-percent_72660.html
July 31, 2015
Phillips 66 says that its chemical segment, a 50% equity stake in Chevron Phillips Chemical (CPChem; The Woodlands, TX), reported earnings of $295 million during the second quarter, down 9% year-over-year (YOY)....
http://www.chemweek.com/regions/north_america/us/CPChem-earnings-down-9-percent-YOY_72669.html
July 31, 2015
Debt refinancing is a risk for a group of nine high-yield-rated chemical companies with a total of about $5 billion in debt maturing in 2017 or 2018, according to a new report by...
http://www.chemweek.com/regions/north_america/Moodys-Debt-refinancing-a-risk-for-some-private-equity-owned-chemical-companies_72652.html
July 31, 2015
International Flavors & Fragrances (IFF) says that it has completed the previously announced acquisition of Lucas Meyer Cosmetics (Quebec City), a subsidiary of Unipex Group...
http://www.chemweek.com/regions/north_america/us/IFF-completes-acquisition-of-Lucas-Meyer-Cosmetics_72648.html
July 31, 2015
TerraVerdae BioWorks (Edmonton, AB) has completed the scale-up optimization of its process to produce biodegradable polyhydroxyalkanoate (PHA) bioplastics from waste-derived methanol...
http://www.chemweek.com/regions/north_america/Bioplastics-start-up-optimizes-waste-methanol-to-PHA-process-scales-up-for-commercial-deployment_72643.html
July 31, 2015
BASF on Thursday announced plans to exit the dimer and polyamide resin business because of the North American market's fall over the past 15 years driven by excess market capacity and...
http://www.chemweek.com/regions/north_america/BASF-to-exit-dimer-and-polyamide-resin-business-due-to-North-American-market-decline_72641.html
July 31, 2015
Fluor Corp., the leading engineering and construction firm, has signed an agreement to divest 50% of shares in its Spanish operations, Fluor S.A., to Sacyr Industrial, a leading...
http://www.chemweek.com/regions/north_america/Fluor-sells-part-of-its-Spanish-subsidiary-confirms-refinery-award-in-Kuwait_72638.html
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