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July 23, 2014
Air Products reported net income of $314 million for the quarter ended 30 June, up 9% from the prior-year quarter. Revenues were up 3% year-over-year (YOY), to $2.6...
http://www.chemweek.com/regions/north_america/us/Air-Products-net-income-up-9-percent_62663.html
July 23, 2014
OCI Partners (Nederland, TX) says that recent severe thunderstorms in the Gulf Coast area caused a power outage that disrupted methanol and ammonia production at the company's facility near Beaumont, TX, over the past several days. Damage to the production facility was limited, the company says. The methanol unit was down for 3.5 days and the ammonia unit was down for less than one day....
http://www.chemweek.com/regions/north_america/OCIs-Beaumont-methanol-ammonia-plants-back-up-after-brief-outage_62648.html
July 23, 2014
The Galveston County Economic Alliance announced on Tuesday that Fund Connell USA Energy and Chemical Investment Corp. is exploring plans to build a large methanol production and...
http://www.chemweek.com/regions/north_america/Chinese-group-plans-$4-5-billion-methanol-complex-at-Texas-City_62657.html
July 22, 2014
Tesoro (San Antonio) says it plans to produce petrochemical feedstock in its US west coast refining system. The company intends to gather intermediate feedstock, primarily reformate...
http://www.chemweek.com/regions/north_america/Tesoro-to-produce-xylene-on-US-West-Coast-for-export-to-Asia_62629.html
July 22, 2014
ZeoGas (Houston), a developer of natural gas-to-gasoline projects, has entered into a license agreement to use ExxonMobil's research and engineering subsidiary’s...
http://www.chemweek.com/regions/north_america/ZeoGas-to-use-ExxonMobil-methanol-to-gasoline-technology-in-US-Gulf-Coast-project_62627.html
July 22, 2014
CB&I and Clariant announced today that their previously announced Ziegler-Natta (ZN) polypropylene (PP) catalyst production plant in Louisville, KY is on schedule to begin...
http://www.chemweek.com/regions/north_america/CB-and-I-and-Clariant-to-commission-PP-catalyst-plant-at-Louisville-next-year_62626.html
July 21, 2014
PolyOne today reported net income from continuing operations of $30.9 million, or 33 cts/share, down 24.9% year-on-year (YOY), on net sales down 2.9%, to $1.01 billion. Adjusted...
http://www.chemweek.com/regions/north_america/PolyOne-earnings-rise-beat-estimates-on-improving-margins_62625.html
July 21, 2014
Air Liquide announced today that it has signed an agreement with Natgasoline (Beaumont, TX), a wholly owned subsidiary of OCI (Sittard, Netherlands), to supply oxygen for...
http://www.chemweek.com/regions/north_america/Air-Liquide-to-provide-ASU-to-planned-OCI-methanol-plant_62612.html
July 21, 2014
Westlake Chemical Partners (Houston) announced on 21 July the start of its initial public offering of 11.25 million common units, which are to be listed on the New York Stock Exchange as WLKP. The company, a master limited partnership established to operate the ethylene production facilities of Westlake Chemical (Westlake; Houston), aims to be priced at $19–21/unit, about $225 million in total....
http://www.chemweek.com/regions/north_america/Westlake-launches-$225-million-IPO-of-ethylene-MLP_62611.html
July 21, 2014
American Vanguard announced on Friday that lower-than-normal purchasing of corn inputs and reduced production levels at the company's manufacturing facilities will affect its...
http://www.chemweek.com/regions/north_america/American-Vanguard-warns-on-second-quarter-earnings_62610.html
July 21, 2014
DSM will build a polymerization plant in North America to manufacture nylon-6, the company announced today. Construction is scheduled to start in the fourth quarter of 2014 and...
http://www.chemweek.com/regions/north_america/DSM-to-build-nylon-6-plant-in-North-America_62607.html
July 21, 2014
Evonik Industries has confirmed plans to build a previously announced plant to produce precipitated silicas at Americana, Brazil, near São Paulo. Evonik says it is investing...
http://www.chemweek.com/regions/south_america/brazil/Evonik-confirms-plans-for-precipitated-silicas-plant-in-Brazil_62606.html
July 21, 2014
Maire Tecnimont (Rome) today announced it has signed a memorandum of understanding (MOU) with the Fatima Group, a fertilizer player based in Pakistan; and Midwest Fertilizer Corp...
http://www.chemweek.com/regions/north_america/Maire-Tecnimont-signs-MOU-to-build-large-fertilizer-complex-in-the-US_62605.html
July 18, 2014
Honeywell says that profit in its performance materials and technologies (PMT) segment  was $475 million, up 8% from the prior year. Segment revenue rose 6% year-on-year...
http://www.chemweek.com/regions/north_america/Honeywell-posts-stronger-performance-materials-earnings_62590.html
July 18, 2014
PPG says it has agreed to sell its float glass manufacturing plant at Mt. Zion, IL, to China's Fuyao Glass America subsidiary at Greenville, SC. Financial details, including purchase...
http://www.chemweek.com/regions/north_america/PPG-sells-float-glass-plant-in-Illinois_62593.html
July 18, 2014
Cytec today announced second-quarter earnings that more than doubled year-on-year (YOY), to $73.6 million, on sales up 2.6%, to $527 million. Earnings from continuing operations were...
http://www.chemweek.com/regions/north_america/Cytec-beats-estimates-announces-stock-split_62544.html
July 18, 2014
Yuhuang Chemical (Houston), a newly created subsidiary of Shandong Yuhuang Chemical, will invest $1.85 billion in a world-scale methanol manufacturing complex on the Mississippi River...
http://www.chemweek.com/regions/north_america/Chinese-firm-to-invest-$1-85-billion-in-methanol-complex-in-Louisiana-Air-Liquide-to-provide-technology_62582.html
July 17, 2014
Celanese (Dallas, TX) reports net earnings for the second quarter of $258 million, up 94% year-over-year from $133 million, on stronger pricing and volumes. Sales totaled $1.8 billion...
http://www.chemweek.com/regions/north_america/Celanese-net-income-doubles-on-price-and-volume-gains_62545.html
July 17, 2014
PPG Industries has named Michael McGarry, current executive v.p., as COO, effective 1 August. McGarry will have responsibility for all of PPG’s strategic business units and...
http://www.chemweek.com/regions/north_america/PPG-names-McGarry-as-COO_62512.html
July 17, 2014
Sherwin-Williams (SW) today announced second quarter net income up 13.3% year-on-year (YOY), to $291.4 million, on sales up 12.2%, to $3.04 billion. Earnings totaled $2.94/share...
http://www.chemweek.com/regions/north_america/Sherwin-Williams-raises-guidance-earnings-rise_62529.html
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