IHS Chemical Week

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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
March 3, 2015
Total's New Energies division has made an unspecified investment in cellulosic sugar firm Renmatix (King of Prussia, PA), and the two companies have signed a joint development...
http://www.chemweek.com/regions/north_america/Total-invests-in-cellulosic-sugar-firm-Renmatix_68245.html
March 3, 2015
Bayer MaterialScience will discontinue production at the Belford Roxo site in Brazil. The facilities, designed to produce 55,000 m.t./year of methylene di-para-phenylene isocyanate...
http://www.chemweek.com/regions/south_america/brazil/Bayer-MaterialScience-to-discontinue-production-in-Brazil_68266.html
March 3, 2015
The United Steelworkers (USW; Pittsburgh) union said on Monday that there has been no change in negotiations with Royal Dutch Shell regarding a new three-year labor contract agreement...
http://www.chemweek.com/regions/north_america/USW-strike-continues-with-discussions-at-national-level-set-for-Wednesday_68248.html
March 3, 2015
KVK-Tech (Newtown, PA), a leading developer, manufacturer, and marketer of specialty pharmaceuticals, says it has entered into an agreement to purchase Lockheed Martin’s Newtown...
http://www.chemweek.com/regions/north_america/Pharma-company-buys-Lockheed-Martins-Newtown-PA-site_68263.html
March 3, 2015
Sika (Baar, Switzerland) says that it has agreed to acquire mortar producer BMI Products (Milpitas, CA), a company active in production and sales of a full range of mortar products and...
http://www.chemweek.com/regions/north_america/us/Sika-acquires-US-based-mortar-producer-BMI_68254.html
March 2, 2015
Tronox’s $1.64-billion acquisition of FMC’s soda ash business has received approval under the Hart-Scott-Rodino Antritrust Act in the US, FMC says. The deal is expected to...
http://www.chemweek.com/regions/north_america/Tronox-FMC-soda-ash-deal-clears-regulatory-hurdle-in-US_68249.html
March 2, 2015
Wood Group (Houston) says it is providing detailed engineering, procurement, and fabrication services for the process control systems required by ExxonMobil Chemical’s multibillion-dollar expansion project at ExxonMobil's Baytown and Mont Belvieu plants near Houston....
http://www.chemweek.com/regions/north_america/Wood-Group-awarded-process-controls-contract-for-ExxonMobil-ethylene-PE-project_68233.html
March 2, 2015
Axiall says that George Biltz, the company’s chief strategy officer since August 2013, has resigned, effective mid-month. Biltz has accepted the position of CEO at another company in the chemical industry....
http://www.chemweek.com/regions/north_america/George-Biltz-leaves-Axiall-to-take-CEO-position_68226.html
March 2, 2015
PotashCorp has signed an agreement to purchase a 9.50% stake in producer and distributor Fertilizantes Heringer (Viana, Brazil) from that company's controlling shareholders for $55.7...
http://www.chemweek.com/regions/south_america/brazil/PotashCorp-acquires-9-5-percent-stake-in-Brazil-fertilizer-firm_68227.html
March 2, 2015
FMC has raised its quarterly dividend by 10%, to 16.5 cts/share, the company says. The dividend will be paid on 16 April to shareholders of record as of 31 March. The higher dividend...
http://www.chemweek.com/regions/north_america/FMC-raises-dividend-10-percent_68231.html
March 2, 2015
OM Group today reported a fourth-quarter net loss of $189 million, or $6.24/share, on pension-related charges, compared with a profit of $17.2 million in the year-ago quarter. Sales...
http://www.chemweek.com/regions/north_america/OM-Group-swings-to-loss-on-pension-charge-but-beats-estimates_68229.html
March 2, 2015
The European Commission has outlined Europe’s vision for the global climate change agreement to be adopted at the climate summit to be held in Paris in December. The commission...
http://www.chemweek.com/regions/north_america/us/European-Commission-sets-out-blueprint-for-tackling-climate-change-post-2020_68228.html
March 2, 2015
ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol...
http://www.chemweek.com/regions/north_america/us/ACC-highlights-recent-conclusions-on-BPA-FDA-and-EFSA-assessments-clearly-state-that-BPA-is-safe_68186.html
March 2, 2015
Braskem has entered into a new six-month contract to receive naphtha feedstock from Petrobras. The new contract is valid until 31 August 2015, and the price will be adjusted...
http://www.chemweek.com/regions/south_america/brazil/Braskem-signs-new-six-month-naphtha-supply-contract-with-Petrobras_68224.html
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