IHS Chemical Week

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January 13, 2016
Anellotech (Pearl River, NY), a renewable chemicals technology company, announced Wednesday that it has entered into the next phase of its partnership with beverage company Suntory...
http://www.chemweek.com/regions/north_america/Anellotech-Suntory-enter-second-phase-of-partnership-to-develop-100-percent-biobased-beverage-bottles_76391.html
January 13, 2016
The falling  oil price and weakening Brazilian currency have caused Petrobras's board to approve certain adjustments to the company's 2015-19 business and management plan (BMP)...
http://www.chemweek.com/regions/south_america/brazil/Petrobras-adjusts-2015-19-business-plan-again-to-reflect-lower-crude-depreciated-currency_76375.html
January 13, 2016

During the week ended 9 January, chemical railcar traffic in North America increased 4.8% year-over-year (YOY) on gains in the US and Canada. Loadings during the week totaled 44,669 carloads, up 3.2% from the previous week, according to data released on 13 January by the Association of American Railroads (AAR).

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http://www.chemweek.com/regions/north_america/N-America-weekly-chemical-rail-surges-into-new-year_76377.html
January 13, 2016
Koppers announced Wednesday the closing of its coal tar distillation plant located in Clairton, PA, affecting 52 employees. The company plans to decrease production at the facility...
http://www.chemweek.com/regions/north_america/Koppers-to-close-Pennsylvania-coal-tar-distillation-plant_76374.html
January 13, 2016
Praxair has signed a long-term contract to provide nitrogen to Toray Industries for use in manufacturing carbon fiber at Toray’s new Spartanburg County, South Carolina facility...
http://www.chemweek.com/regions/north_america/Praxair-to-build-ASU-in-South-Carolina-to-supply-Toray-carbon-fiber-plant_76373.html
January 18, 2016
W. R. Grace says the previously announced spin off GCP Applied Technologies (GCP), its construction products and packaging sealants and coatings businesses, will be completed on 3 February. Greg Poling, currently Grace COO, has been designated GCP president and CEO....
http://www.chemweek.com/regions/north_america/us/Grace-to-complete-spin-of-construction-products-next-month_76367.html
January 12, 2016
TerraVerdae BioWorks has entered into a partnership agreement with PolyFerm Canada, which will expand its elastomeric polyhydroxyalkanoates (PHA) biomaterials portfolio. Elastomeric...
http://www.chemweek.com/regions/north_america/TerraVerdae-partners-with-PolyFerm-to-expand-biodegradable-thermoelastomers-offerings_76356.html
January 12, 2016
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that on 11 January it acquired all of the shares of Grow Company (Ridgefield, NJ) for $20 million. Grow...
http://www.chemweek.com/regions/north_america/us/Frutarom-acquires-US-based-flavors-and-specialty-ingredients-firm_76344.html
January 12, 2016
Loop Industries (Los Angeles) has completed a pilot plant to validate the company's proprietary polyethylene terephthalate (PET) depolymerization technology, the company says. Positive...
http://www.chemweek.com/regions/north_america/US-firm-completes-PET-depolymerization-pilot-plant-to-produce-PTA-EG_76354.html
January 12, 2016
Huntsman says it has completed an accelerated share buyback, repurchasing 8.6 million shares through an agreement with Citibank. The accelerated buyback accounted for $100 million of...
http://www.chemweek.com/regions/north_america/Huntsman-completes-share-buyback_76351.html
January 12, 2016
Petróleos Mexicanos (Pemex; Mexico City) has authorized ICA Fluor, Fluor’s engineering and construction joint venture with Empresas ICA, to proceed with the engineering...
http://www.chemweek.com/regions/north_america/Fluor-awarded-refinery-contract-in-Mexico_76340.html
January 12, 2016
Dow Chemical shut down its new 750,000-m.t./year propane dehydrogenation (PDH) unit at Freeport, TX, following a process upset on 9 January, the company says....
http://www.chemweek.com/regions/north_america/Dows-Freeport-PDH-unit-offline_76336.html
January 11, 2016
Patheon (Durham, NC), a provider of outsourced pharmaceutical development and manufacturing services, says that it has appointed Gilles Cottier as president of the company’s...
http://www.chemweek.com/regions/north_america/us/SAFCs-Gilles-Cottier-joins-Patheon-as-head-of-pharmaceutical-development-services_76337.html
January 11, 2016
Specialties and ingredients distributor IMCD (Rotterdam) has appointed Marcus Jordan president of IMCD Holdings US, effective 1 January. Jordan will relocate to IMCD's new offices at...
http://www.chemweek.com/regions/north_america/IMCD-appoints-president-of-US-business_76334.html
January 11, 2016
Private equity firm CCMP Capital Advisors announced Monday the appointment of Robert Toth as managing director responsible for new investment opportunities in the industrial and...
http://www.chemweek.com/regions/north_america/Private-equity-firm-CCMP-announces-managing-director_76321.html
January 11, 2016
A. Schulman Monday reported fiscal first-quarter net income down 61% year-on-year (YOY), to $5.2 million, or 18 cts/sahre, on sales up 5.6%, to $649.2 million. Adjusted earnings, which...
http://www.chemweek.com/regions/north_america/Schulman-falls-short-of-estimates-on-lower-volumes-charges_76323.html
January 11, 2016
Ed Dineen TPC Group (Houston) has appointed Ed Dineen as chairman, president and CEO. Dineen was most recently CEO of Siluria Technologies and has also served as COO of LyondellBasell...
http://www.chemweek.com/regions/north_america/TPC-Group-hires-Dineen-as-CEO_76320.html
January 11, 2016
Albany Molecular Research Inc. (AMRI; Albany) says that it has agreed with Eagle Pharmaceuticals (Woodcliff Lake, NJ) to jointly develop and manufacture several select and complex...
http://www.chemweek.com/regions/north_america/us/AMRI-and-Eagle-Pharmaceuticals-to-jointly-develop-manufacture-parenteral-drug-products_76319.html
January 11, 2016
Global Bioenergies (Paris) says that it has signed a new collaboration agreement with LanzaTech (Chicago) to broaden the feedstock flexibility of Global Bioenergies' isobutene process...
http://www.chemweek.com/regions/north_america/us/Global-Bioenergies-and-Lanzatech-sign-new-collaboration-agreement_76318.html
January 11, 2016
Forecasts call for global growth to continue on a modest path. US growth is improving and expected to average more than 4%/year through 2020 (below), while Asia moderates on weakening growth in China (p. 18). European growth will continue to be sluggish (p. 19), weakness in Brazil weighs on prospects in Latin America (p. 20), and cheap oil is is putting the brakes on Mideast investment (p. 21). A review of markets and finance follows (p. 22)....
http://www.chemweek.com/regions/north_america/Outlook-2016-Moderate-but-still-solid-growth_76290.html
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