IHS Chemical Week

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June 5, 2015
Huntsman (The Woodlands, TX) has announced that Monte Edlund will succeed Stu Monteith as president of the performance products division, effective July 1. Edlund, who joined the company in 1997, is currently vice president for the Americas region in Huntsman's advanced materials division. Monteith will retire on 31 August....
http://www.chemweek.com/regions/north_america/us/Huntsman-names-new-president-of-performance-products_71023.html
June 4, 2015
Molycorp, the sole US-based maker of rare earth oxides, is preparing to file for bankruptcy, according to a report in the Wall Street Journal. The company had $1.7 billion in debt and...
http://www.chemweek.com/regions/north_america/Report-Rare-earths-producer-Molycorp-on-verge-of-bankruptcy_71024.html
June 4, 2015
Williams Partners' now plans to restart ethylene production at its Geismar, LA olefins plant this weekend, according to a source close to the company. The restart was expected on...
http://www.chemweek.com/regions/north_america/Williams-to-restart-Geismar-ethylene-production-this-weekend-sources-say_71021.html
June 4, 2015
Omnova Solutions (Beachwood, OH) has acquired New Fluid Solutions (Houston), a producer of oil and gas drilling fluid additives and other products for $5 million, plus up to $2 million more over the next two years depending on performance. The transaction includes New Fluid Solutions' full line of drilling fluid additives and a blending facility, warehouse and quality assurance/control laboratory in Stafford, TX....
http://www.chemweek.com/regions/north_america/us/Omnova-acquires-oilfield-chemicals-maker_71018.html
June 4, 2015
BASF has applied for permits authorizing the construction of its 475,000-m.t./year methane-to-propylene project at Freeport, TX. In a notice issued on 2 June, the Texas Commission on Environmental Quality (TCEQ) said it had received the applications on 14 May. BASF announced selection of the Freeport site in March, and the company expects to make a final investment decision in 2016....
http://www.chemweek.com/regions/north_america/us/BASF-submits-Freeport-TX-propylene-project-to-TCEQ_71008.html
June 4, 2015
The Coca-Cola Company says it has produced the world’s first polyethylene terephthalate (PET) bottle made entirely from plant materials. The beverage giant has since 2009...
http://www.chemweek.com/regions/north_america/Coca-Cola-unveils-100-percent-renewable-PET-bottle_71019.html
June 4, 2015
MDU Resources Group (Bismarck, ND) says that its Dakota Prairie refinery has initiated diesel product sales to the market. The 20,000-barrels/day refinery is the first greenfield fuels...
http://www.chemweek.com/regions/north_america/MDU-Calumet-Dakota-Prairie-refinery-starts-marketing-diesel-production_71005.html
June 4, 2015
Trafigura (Lucerne, Switzerland) is developing a $350-million facility in Argentina comprising a port area and a logistics center with fuel and petroleum storage capacity, according to...
http://www.chemweek.com/regions/south_america/argentina/Trafigura-invests-$350-million-to-develop-port-logistics-facility-in-Argentina_71003.html
June 4, 2015
Mascoma (Lebanon, NH), a subsidiary of Lallemand (Memphis, TN); and the US Department of Energy's BioEnergy Science Center (BESC) say that they have developed a revolutionary strain of...
http://www.chemweek.com/regions/north_america/Macoma-and-US-researchers-develop-yeast-strain-to-accelerate-nonfood-biofuel-development_71004.html
June 3, 2015

During the week ended 30 May, chemical railcar traffic in North America dropped 1.9% year-over-year (YOY) on declines in the US and Canada. For all of North America, chemical railcar traffic during the week totaled 42,163 carloads, down 3.4% from the previous week, according to data released on 3 June by the Association of American Railroads (AAR).

...

http://www.chemweek.com/regions/north_america/North-America-weekly-chemical-rail-traffic-decreases_70989.html
June 3, 2015
Propylene stocks were mixed in the United States during the final week of May, according to data released by the Energy Information Administration (EIA) today. Propane/propylene stocks...
http://www.chemweek.com/regions/north_america/Propylene-stock-movements-mixed-in-US-during-final-week-of-May_70980.html
June 3, 2015
Westlake Chemical Partners (WLKP) says regulations proposed last month by the IRS would unfairly affect its shareholders and those of Westlake Chemical (WLK) by reversing a private-letter ruling (PLR) that the master limited partnership (MLP) would be eligible for key federal tax benefits....
http://www.chemweek.com/regions/north_america/us/Westlake-says-proposed-MLP-regulations-unfair-to-shareholders_70978.html
June 3, 2015
Revolymer (Deeside, UK) has signed a further license with Solvay; under the terms of the deal, Solvay has exclusive rights to apply Revolymer’s encapsulation technology to the...
http://www.chemweek.com/regions/north_america/Revolymer-signs-further-licensing-agreement-with-Solvay_70969.html
June 3, 2015
Delegates to this year’s IHS Chemical polyethylene-polypropylene global technology and business forum, currently taking place in Zurich, were told that the polyethylene (PE) and...
http://www.chemweek.com/regions/north_america/PEPP-2015-Tightness-in-Europe-will-ease-North-American-PE-supplies-will-increase_70975.html
June 3, 2015
Cepsa (Madrid), a subsidiary of International Petroleum Investment Co. (Abu Dhabi), said today that it had completed the previously announced sale of its purified terephthalic acid...
http://www.chemweek.com/regions/north_america/Cepsa-completes-sale-of-Canada-PTA-plant-to-Indorama_70890.html
June 3, 2015
PPG Industries says it has acquired Consorcio Latinoamericano, an operator of a network of 57 paint stores across Central America. Consorcio Latinoamericano previously had a concession...
http://www.chemweek.com/regions/north_america/PPG-acquires-Latin-America-paint-stores-network_70947.html
June 3, 2015
PPG Industries says it has acquired Cuming Microwave Corporation (Avon, MA), a maker of coatings that absorb microwaves and radio waves, as well as a subsidiary, Cuming-Lehman...
http://www.chemweek.com/regions/north_america/PPG-to-acquire-aerospace-coatings-maker-in-US_70977.html
June 3, 2015
Enagás (Madrid) has reached an agreement to acquire 3.94% of Transportadora de Gas del Perú (TGP; Lima) from SK Innovation (Seoul) and 0.40% from Corporación...
http://www.chemweek.com/regions/south_america/brazil/Enagas-increases-stake-in-Peru-natural-gas-pipeline-firm_70970.html
June 3, 2015
Renewable fuels and chemicals maker Gevo (Englewood, CO) says today that it has entered into an agreement with FCStone Merchant Services (New York) to originate and supply corn for...
http://www.chemweek.com/regions/north_america/Gevo-signs-corn-supply-deal-for-Luverne-plant_70972.html
June 2, 2015
Dow Chemical confirmed today that on 26 May, its Plaquemine, LA,  ethylene LA-3 unit experienced a process upset resulting in the need to take the it offline The company added...
http://www.chemweek.com/regions/north_america/Dow-Plaquemine-ethylene-unit-expected-back-up-in-mid-June_70891.html
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