IHS Chemical Week

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March 5, 2015
AbbVie (Chicago) says that it has signed a definitive agreement to acquire Pharmacyclics (Sunnyvale, CA), a pharmaceutical company that focuses on small-molecule drugs for the...
http://www.chemweek.com/regions/north_america/us/AbbVie-to-acquire-cancer-drugs-producer-Pharmacyclics-for-$21-billion_68334.html
March 5, 2015
Patheon (Durham, NC), a provider of drug development and delivery solutions to the pharmaceutical and biopharma sectors, says that it has reached a definitive agreement to acquire IRIX...
http://www.chemweek.com/regions/north_america/us/Patheon-to-acquire-API-manufacturer-IRIX-Pharmaceuticals_68331.html
March 4, 2015
DuPont and activist hedge fund Trian Fund Management (New York) this week traded barbs over DuPont’s rejection of a universal proxy card for the company’s upcoming board of...
http://www.chemweek.com/regions/north_america/DuPont-Train-spar-over-universal-proxy-card_68326.html
March 4, 2015
Chemical railcar traffic in North America increased 9% year-over-year (YOY) during the week ended 28 February on gains in the United States and Canada....
http://www.chemweek.com/regions/north_america/Weekly-chemical-railcar-traffic-up-9-percent-in-North-America_68323.html
March 4, 2015
Ghisolfi was at the helm when Beta Renewables brought the first commercial-scale second-generation ethanol plant online at Crescentino, Italy....
http://www.chemweek.com/regions/north_america/Beta-Renewables-CEO-Guido-Ghisolfi-passes-away-at-58_68303.html
March 4, 2015
ExxonMobil expects to reduce capital spending over the next three years while starting up 16 major oil and natural gas projects and increasing production, says Rex Tillerson, chairman and CEO....
http://www.chemweek.com/regions/north_america/ExxonMobil-to-reduce-group-capital-spending-through-2017-chemical-business-showing-resilience_68309.html
March 4, 2015
US EPA has approved several new refrigerant substances in coordination with President Obama’s Climate Action Plan, the agency says. The new refrigerants have lower global warming...
http://www.chemweek.com/regions/north_america/EPA-approves-several-new-refrigerants_68305.html
March 4, 2015
Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
http://www.chemweek.com/regions/north_america/Ineos-to-integrate-Ineos-ABS-Styrolution-in-the-Americas-by-year-end_68304.html
March 4, 2015
Axalta today opened an automotive water-based coatings plant in China. The plant, which is adjacent to Axalta’s operations center in Shanghai’s Jiading district, will...
http://www.chemweek.com/regions/north_america/Axalta-opens-water-based-coatings-plant-in-Shanghai_68275.html
March 4, 2015
Sumitomo Chemical says that its wholly owned Valent BioSciences (Libertyville, IL) subsidiary has acquired Mycorrhizal Applications (Grants Pass, OR), the world's largest producer of...
http://www.chemweek.com/regions/north_america/us/Sumitomo-Chemical-acquires-crop-enhancement-products-business-in-US-Update_68293.html
March 4, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) posted net income of $78 million in the fourth quarter of 2014, compared with $69 million one year earlier. The comparison...
http://www.chemweek.com/regions/south_america/argentina/SQMs-net-income-up-sales-stable_68294.html
March 4, 2015
Kimberly-Clark Professional, a division of Kimberly-Clark; and Eastman Aviation Solutions, a division of Eastman Chemical, say that they have entered an aviation collaboration that...
http://www.chemweek.com/regions/north_america/Eastman-Kimberly-Clark-enter-aviation-collaboration_68295.html
March 4, 2015
Rennovia (Santa Clara, CA) and Johnson Matthey have entered into a joint agreement for the co-development and manufacture of catalysts to be used in the scale-up and commercialization...
http://www.chemweek.com/regions/north_america/Rennovia-Johnson-Matthey-to-co-develop-and-manufacture-catalysts-for-biobased-adipic-acid-process_68297.html
March 4, 2015
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, reports a net profit of $345,000 in the fourth quarter of 2014 compared...
http://www.chemweek.com/regions/north_america/us/Codexis-swings-to-profit_68290.html
March 4, 2015
Shell said on Tuesday that it is training additional staff as it seeks to assure normal operations at facilities that have been impacted by a work stoppage by the United Steelworkers...
http://www.chemweek.com/regions/north_america/USW-Strike-Day-31-Shell-seeks-return-to-normal-operations-as-strike-continues_68288.html
March 3, 2015
The US March benzene contract was finalized at a split settlement on Monday. One producer settled at $2.08/gal, while a lower settlement was completed by another producer at $2.04/gal...
http://www.chemweek.com/regions/north_america/US-benzene-split-settlement-for-March-shows-wide-spread_68289.html
March 3, 2015
LSB Industries (Oklahoma City, OK) reports net income of $657,000 for the fourth quarter, down from $37.3 million in the year-ago period. Sales totaled $181.3 million, up 22% year-over-year (YOY). Adjusted earnings of 9 cts/share fell short of the analysts’ consensus estimate of 35 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/LSB-Industries-fourth-quarter-results-miss-estimates_68271.html
March 3, 2015
Industrial biotechnology firm BioAmber today announced that it has initiated commissioning activities for its 30,000 m.t./year biobased succinic acid plant at Sarnia, Ontario....
http://www.chemweek.com/regions/north_america/BioAmber-begins-commissioning-biobased-succinic-acid-plant-at-Sarnia_68270.html
March 3, 2015
Biopolymers firm Metabolix (Cambridge, MA) announced today that it has entered into a global, exclusive commercial and technology alliance with Honeywell to offer new marine...
http://www.chemweek.com/regions/north_america/Honeywell-taps-Metabolix-for-a-biodegradable-alternative-to-personal-care-microbeads_68287.html
March 3, 2015
Arsenal Capital’s Accella Performance Materials (St. Louis), a maker of custom polyurethanes and recycled rubber products, has acquired IPS Polymer Systems (Rancho Cucamonga...
http://www.chemweek.com/regions/north_america/Arsenals-Accella-acquires-IPS-Polymer-Systems_68273.html
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