IHS Chemical Week

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October 29, 2014
Ineos said today that its Ineos's Barex resins subsidiary will close its Barex resin plant at Lima, OH, in the first quarter of 2015. The plant is the sole Ineos facility that produces...
http://www.chemweek.com/regions/north_america/Ineos-to-close-Barex-resin-plant-at-Lima-OH_64878.html
October 29, 2014
Honeywell says it has appointed Qamar Bhatia as president and general manager for Honeywell Specialty Products and Erin Kane as v.p. and general manager for Honeywell Resins and...
http://www.chemweek.com/regions/north_america/Honeywell-adds-specialty-products-and-resins-executives_64894.html
October 29, 2014
Nova Chemicals says that Naushad Jamani has been named senior v.p./olefins and feedstock, effective 1 January, 2015, replacing Grant Thomson, who will be retiring at the end of 2014...
http://www.chemweek.com/regions/north_america/canada/Nova-appoints-new-senior-v-p-olefins-and-feedstock_64877.html
October 29, 2014
Ube Industries says that it will establish a subsidiary at Mexico City that will focus on developing the market for Ube products, marketing, and materials' procurement. The new...
http://www.chemweek.com/regions/north_america/Ube-to-establish-subsidiary-in-Mexico_64876.html
October 29, 2014
Stolt-Nielsen plans to relocate its tankers' staff in Norwalk, CT to Houston. The move will consolidate the company's US-based staff in Houston, which is the port most frequently...
http://www.chemweek.com/regions/north_america/Stolt-Nielsen-to-relocate-tanker-staff-from-Norwalk-to-Houston_64887.html
October 28, 2014
Mississippi Phosphates Corp (Pascagoula, MS), a producer of diammonium phosphate fertilizer (DAP) has filed for Chapter 11 bankruptcy protection. Two affiliates—Ammonia Tank...
http://www.chemweek.com/regions/north_america/Mississippi-DAP-fertilizer-producer-files-for-bankruptcy_64872.html
October 28, 2014
Chemtura today reported that it swung to a third-quarter net profit of $15 million, compared with a net loss of $44 million in the year-ago quarter, on sales down 2% year-on-year...
http://www.chemweek.com/regions/north_america/Chemtura-misses-estimates-launches-cost-cutting-program_64873.html
October 28, 2014
Compass Minerals reports a jump in third-quarter results, with year-on-year (YOY) net earnings rising skyrocketing to $87.9 million from $15.4 million on sales up 30% YOY, to...
http://www.chemweek.com/regions/north_america/Compass-Minerals-results-jump-on-insurance-settlement_64853.html
October 28, 2014
Cabot announced today that it has entered into two separate contracts to provide activiated carbon products to energy utilities in Arkansas, Louisiana, Mississippi, Missouri, and...
http://www.chemweek.com/regions/north_america/Cabot-to-provide-activated-carbon-to-several-US-facilities_64852.html
October 28, 2014
Westlake has held a dedication ceremony to celebrate the expansion of the company's Calvert City, KY, vinyls complex. Westlake spent in excess of $300 million for the project. The...
http://www.chemweek.com/regions/north_america/Westlake-dedicates-ethylene-PVC-expansions-in-Kentucky_64847.html
October 28, 2014
Packaging products maker MeadWestvaco (MWV) today reported income from continuing operations up 72% year-on-year (YOY) to $105 million, or 60 cts/share, on sales up 7%, to $1.47...
http://www.chemweek.com/regions/north_america/MeadWestvaco-earnings-beat-estimates-specialty-chemicals-results-improve_64860.html
October 28, 2014
Mexichem (Tlalnepantla, Mexico) swung to profit, reporting net income of $52.8 million during the third quarter compared with a net loss of $62.8 million in the same period last...
http://www.chemweek.com/regions/north_america/Mexichem-swings-to-profit_64857.html
October 28, 2014
Borealis is to restructure its operations in Brazil to optimize production, the company said today. Following a €45 million ($57.3 million) investment at its Itatiba plant near...
http://www.chemweek.com/regions/south_america/brazil/Borealis-to-consolidate-plastics-compounding-operations-in-Brazil_64859.html
October 28, 2014
Green chemistry company GlyEco (Phoenix) says that it has signed a nonbinding memorandum of understanding (MOU) with catalysis and process technology firm Haldor Topsoe. The two...
http://www.chemweek.com/regions/north_america/us/GlyEco-and-Haldor-Topsoe-to-collaborate-in-developing-waste-glycol-recycling-facilities_64838.html
October 28, 2014
DuPont today reports a solid gain in third-quarter income as higher volumes and cost-cutting helped offset weaker prices and lower volumes in the ag sector. The company—currently...
http://www.chemweek.com/regions/north_america/DuPont-net-income-up-41-percent-stands-by-guidance-despite-sluggish-economy_64855.html
October 28, 2014
International Flavors & Fragrances (IFF), a leading global creator of flavors and fragrances for consumer products, says that its board of directors has appointed Andreas Fibig...
http://www.chemweek.com/regions/north_america/us/IFF-board-elects-CEO-as-chairman_64835.html
October 28, 2014
Ecolab today announced third-quarter net income up 18% year-on-year (YOY), to $364.9 million, or $1.19/share, on net sales up 6%, to $3.69 billion. Adjusted net income rose 16% YOY, to...
http://www.chemweek.com/regions/north_america/Ecolab-earnings-rise-on-strong-energy-results_64856.html
October 28, 2014
ACC today released its monthly chemical activity barometer (CAB), posting a 0.1% decrease in activity over October, measured on a 3-month moving average (3MMA) basis. However, despite...
http://www.chemweek.com/regions/north_america/ACC-chemical-barometer-falls-in-October_64854.html
October 28, 2014
Innospec says that it has closed the previously announced acquisition of Independence Oilfield Chemicals (The Woodlands, TX), a portfolio company of private equity firm CSL Capital...
http://www.chemweek.com/regions/north_america/us/Innospec-completes-acquisition-of-Independence-Oilfield-Chemicals_64833.html
October 28, 2014

Huntsman reports third-quarter net income of $188 million, up 194% year-over-year (YOY) from $64 million, on sales of $2.9 billion, up 1.5% YOY. A tax benefit from foreign tax credit elections boosted net income by $94 million. Adjusted earnings increased 11% YOY to 60 cents/share, beating the analysts’ consensus estimate of 53 cents/share reported by Thomson Reuters.

...

http://www.chemweek.com/regions/north_america/Huntsman-triples-quarterly-income-beats-estimates_64816.html
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