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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
July 17, 2014
PPG Industries today reported second quarter net income from continuing operations up 24% year-on-year (YOY), to $393 million, or $2.80/share, on sales up 5%, to $4.1 billion. Adjusted...
http://www.chemweek.com/regions/north_america/PPG-earnings-beat-estimates-on-strong-sales_62509.html
July 17, 2014
The Mississippi Energy Institute (MEI; Jackson), together with the Mississippi Development Authority and seven local economic development organizations, has led a tour from the Gulf...
http://www.chemweek.com/regions/north_america/Mississippi-Energy-Institute-IHS-Chemical-identify-potential-manufacturing-locations-in-Mississippi_62502.html
July 16, 2014
Toll manufacturer Royal Chemical says it completed an expansion of its East Stroudsburg, PA, facility, increasing chemical blending capacity and updating equipment. Capacity at the...
http://www.chemweek.com/regions/north_america/Royal-Chemical-expands-blending-plant-in-Pennsylvania_62484.html
July 16, 2014
CF Industries announced today that it has restarted its operating units at its Woodward, OK, nitrogen complex. The company shut down production there on 21 April to address an...
http://www.chemweek.com/regions/north_america/CF-Industries-resumes-production-at-Oklahoma-nitrogen-complex_62483.html
July 16, 2014
Celanese will expand its manufacturing facilities at Suzano, Brazil, to include long-fiber-reinforced thermoplastics (LFRT) production, the company announced today. The new capacity is...
http://www.chemweek.com/regions/south_america/brazil/Celanese-to-expand-its-long-fiber-reinforced-thermoplastic-production-in-Brazil_62482.html
July 16, 2014
Flint Hills Resources (Wichita, KS) has completed the acquisition of propylene-maker PetroLogistics (Houston, TX). Flint Hills says the $2.1 billion transaction is its largest ever and its first in the chemical space since the purchase of Huntsman’s U.S. commodity chemical business in 2007....
http://www.chemweek.com/regions/north_america/Flint-Hills-completes-$2-1-billion-acquisition-of-PetroLogistics_62481.html
July 16, 2014
Alpek (San Pedro Garza García, Mexico), a subsidiary of Grupo Alfa (Monterrey, Mexico), has revised down its Ebitda guidance for 2014 from $570 million to $500 million, the...
http://www.chemweek.com/regions/north_america/Alpek-cuts-2014-Ebitda-guidance-by-$70-million_62480.html
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