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August 14, 2014
DuPont Pioneer today announced plans to build a $35-million soybean research facility at its Stine Haskell Research Center at Newark, DE. The nearly 134,000 square foot facility will...
http://www.chemweek.com/regions/north_america/DuPont-plans-$35-million-soybean-research-facility_63189.html
August 14, 2014
Christoph Ganz, regional manager/North America, cuts the ribbon at the opening of the mortar plant at Conyers. Sika (Baar, Switzerland) says that it has opened a new production...
http://www.chemweek.com/regions/north_america/us/Sika-opens-production-plants-for-admixtures-and-mortars-at-two-sites-in-US_63179.html
August 14, 2014
Sener, Mexico's ministry of energy; and the National Hydrocarbons Commission (Mexico City) have assigned to Petróleos Mexicanos (Pemex) the rights to 83% of the country's...
http://www.chemweek.com/regions/north_america/Pemex-awarded-all-of-the-proven-and-possible-reserves-it-requested-in-Mexicos-energy-reform_63183.html
August 13, 2014
Lanxess announced today that it is expanding its Gastonia, NC, compounding facility for high-tech plastics by adding a second production line. The company will invest about $15 million...
http://www.chemweek.com/regions/north_america/Lanxess-expands-plastics-production-in-North-Carolina_63146.html
August 12, 2014
Nova Chemicals reports second-quarter profit of $167 million, down 17% year-on-year (YOY) from $201 million, with lower margins in the olefins segments partially offset by higher margins in polyethylene. Sales slipped 5.8%, to $1.29 billion....
http://www.chemweek.com/regions/north_america/Nova-quarterly-profit-down-17-percent-PE-gains-offset-by-weak-olefins_63126.html
August 12, 2014
Valspar says that net income for the quarter ended 25 July was $97.8 million, up 4% year-on-year (YOY). Reported earnings of $1.14/share dipped slightly below analyst estimates of...
http://www.chemweek.com/regions/north_america/Valspar-results-up-on-strength-in-coatings_63127.html
August 12, 2014
Mepron helps dairy cows produce more milk without additional crude protein in their feed. Evonik Industries announced on 12 August that it will construct a methionine production plant...
http://www.chemweek.com/regions/north_america/Evonik-to-build-amino-acid-production-unit-at-Mobile-AL_63130.html
August 12, 2014
The president of Mexico, Enrique Peña Nieto, has signed the country's energy reform bill into law, the president's office says. The law preserves and guarantees state ownership...
http://www.chemweek.com/regions/north_america/Mexico-passes-energy-reform_63120.html
August 11, 2014
Kinder Morgan, Inc. (KMI) announced today that it is buying out its two master limited partnerships (MLPs) – Kinder Morgan Energy Partners (KMP) and El Paso Pipeline Partners...
http://www.chemweek.com/regions/north_america/Kinder-Morgan-to-buy-out-its-MLPs-in-$71-billion-deal_63115.html
August 11, 2014
BP says that a fire has resulted in the shutdown of one of its one of the purified terephthalic acid (PTA) production units at its Cooper River site in Charleston, SC. The...
http://www.chemweek.com/regions/north_america/BPs-Cooper-River-PTA-unit-suffers-fire_63114.html
August 11, 2014
FMC announced today that it has signed an agreement to jointly develop and distribute organic acid soil and plant health products for Actagro (Biola, CA) in Asia. Actagro’s full...
http://www.chemweek.com/regions/north_america/FMC-to-distribute-soil-and-plant-health-product-line-in-Asia_62976.html
August 11, 2014
Kraton Performance Polymers today announced that on 8 August, it received notice from LCY Chemical (Taipei) that LCY has terminated their merger agreement following the Kraton board's...
http://www.chemweek.com/regions/north_america/us/LCY-terminates-merger-agreement-with-Kraton_63104.html
August 8, 2014
Calgon Carbon today reported earnings up 17.2% year-on-year (YOY), to $15.2 million, or 28 cts/share, on sales up 3.3%, to $145.1 million. Earnings totaled 28 cts/share, matching...
http://www.chemweek.com/regions/north_america/Calgon-Carbon-earnings-rise-on-higher-sales_63088.html
August 8, 2014
Yacimientos Petroliferos Fiscales' (YPF; Buenos Aires) sales of petrochemical products—domestic and exports—totaled 1.48 billion Argentine pesos ($178.3 million) in the...
http://www.chemweek.com/regions/south_america/argentina/YPFs-petrochemical-sales-up-23-percent-on-higher-peso-denominated-prices_63086.html
August 8, 2014
ExxonMobil Chemical says that it has appointed Damon Davis as v.p./global synthetic fluids and lubricant base stocks business. Davis replaces Russ Green, who has been appointed...
http://www.chemweek.com/regions/north_america/us/ExxonMobil-Chemical-appoints-new-headsynthetic-fluids-and-lubricant-base-stocks_63077.html
August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/regions/north_america/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 8, 2014
Kronos Worldwide (Dallas) reports second-quarter income of $33.1 million, reversing a year-ago loss of $33.9 million. Sales declined 8% year-over-year (YOY), to $443.5 million, the result of lower prices and volumes, the company says. Earnings per share totaled 29 cts....
http://www.chemweek.com/regions/north_america/Kronos-swings-to-$33-million-profit-on-lower-costs_63072.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/regions/north_america/Minerals-Technologies-beats-estimates_63076.html
August 7, 2014
Toyobo will establish a company in Mexico in October, to carry out sales and marketing activities, the company announced. The new company will work to expand sales in the functional...
http://www.chemweek.com/regions/north_america/Toyobo-to-establish-sales-and-marketing-presence-in-Mexico-for-engineering-polymers_63057.html
August 7, 2014
Braskem reported 124 million reais ($54.3 million) in net profit for the second quarter, compared with a R$125-million loss one year earlier, according to the company's results...
http://www.chemweek.com/regions/south_america/brazil/Braskem-swings-to-a-net-profit_63056.html
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