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Archives :: World News and Views :: Americas
Displaying 161 - 180 of 10287 stories.
May 6, 2013
LG Chem Michigan Inc. (LGCMI) says it will begin commercial production of automotive lithium-ion (Li-ion) battery cells in July at its Holland, MI, facility once it has...http://www.chemweek.com/regions/north_america/LG-Chem-Michigan-Inc-plans-July-start-up-for-Michigan-battery-plant_51767.html May 3, 2013
A fire at an ethylene purification unit at Formosa Plastics’ complex at Point Comfort, TX yesterday, injured 14 people. Eight of the injured have been treated and released as of Friday morning, according to a company spokesperson. The fire occurred in an ethylene purification area near the site’s “PE 1” high-density polyethylene (HDPE) production unit. ...http://www.chemweek.com/regions/north_america/Fire-injures-14-at-Formosas-Point-Comfort-TX-site_51743.html May 3, 2013
Chemicals sector rail traffic in North America declined 3.4% year-on-year (YOY) during the week ended 27 April, to 43,315 cars, according to the Association of American Railroads (AAR...http://www.chemweek.com/regions/north_america/Chemicals-sector-rail-traffic-down-3-4-percent_51756.html May 3, 2013
Koppers today reported net income down 27.7% year-on-year (YOY), to $11 million, or 53 cts/share, on sales down 2.8%, to $370.4 million. Adjusted earnings of 54 cts/share fell short of...http://www.chemweek.com/regions/north_america/Koppers-earnings-down-on-lower-sales_51755.html May 3, 2013
Private equity firm Sun Capital (Boca Raton, FL) says it will combine five of the packaging companies its owns under its Exopack Holdings (Spartanburg, SC) investment. The...http://www.chemweek.com/regions/north_america/Sun-Capital-to-combine-packaging-investments-under-Exopack_51745.html May 3, 2013
ASK Chemicals, a 50-50 joint venture between Ashland and Clariant, sold granulate, coatings, and hot top metal casting products to Iranian government entities, Ashland said in a...http://www.chemweek.com/regions/north_america/Ashland-Clariant-JV-sold-casting-products-to-Iran_51753.html May 3, 2013
Cambrex (East Rutherford, NJ) reports a 58.6% increase in net profits for the first quarter, ended 31 March, compared with the year-ago period, to $11.16 million. First-quarter sales...http://www.chemweek.com/regions/north_america/us/Cambrex-reports-rise-in-profits-and-sales_51752.html May 3, 2013
Kraton Performance Polymers (Houston) on Wednesday reported adjusted earnings per share of 7 cts/share, down 86% year-over-year (YOY) and well below the analyst consensus estimate of...http://www.chemweek.com/regions/north_america/Kraton-earnings-fall-YOY_51708.html May 2, 2013
Chemtura today reported a first-quarter net loss from continuing operations of $22 million, compared with a profit of $22 million in the year-ago period. Net sales declined 1.9%...http://www.chemweek.com/regions/north_america/Chemtura-earnings-fall-short-of-estimates-on-soft-demand_51715.html May 2, 2013
Eastman Chemical says its Board of Directors has approved the repurchase of up to an additional $300 million of Eastman common stock, in addition to the remaining amount under a $300...http://www.chemweek.com/regions/north_america/Eastman-announces-$300-million-share-buyback_51695.html May 2, 2013
Fluor Corp. announced today that it was awarded a contract by Dow Chemical “to execute a significant portion of its US Gulf Coast investments.” Fluor’s scope includes...http://www.chemweek.com/regions/north_america/Fluor-awarded-Dows-Freeport-ethane-cracker-propane-dehydrogenation-contract_51666.html May 2, 2013
OM Group today reported a fourth-quarter net loss of $109.7 million, compared with a profit of $11.9 million in the year-ago quarter. The loss was mostly due to a $112 million non-cash...http://www.chemweek.com/regions/north_america/OM-Group-beats-estimates-despite-sales-decline_51688.html May 2, 2013
Iowa Fertilizer Co., a wholly owned subsidiary of Orascom-owned OCI NV, has issued $1.2 billion of bonds to institutional and retail investors in the US tax-exempt market through the...http://www.chemweek.com/regions/north_america/Iowa-Fertilizer-raises-funds-for-$1-8-billion-nitrogen-fertilizer-project_51662.html May 2, 2013
Weather-related delays in the spring planting and potash application season resulted in a drop in earnings and sales for Intrepid Potash (Denver, CO) in its first quarter 2013...http://www.chemweek.com/regions/north_america/Intrepid-Potash-reports-earnings-drop-on-weather-delays_51656.html May 2, 2013
Odebrecht (Salvador, Brazil) is planning to invest heavily in Latin America across various industries including petrochemicals, according to various media reports. Projects the company...http://www.chemweek.com/regions/south_america/brazil/Odebrecht-bids-for-gas-pipeline-in-Peru-to-supply-Pacific-coast-petchem-complex_51665.html May 2, 2013
Westlake (Houston) has completed its previously announced $175-million acquisition of CertainTeed's pipe and foundation group (PFG) business. The business provides specialty polyvinyl...http://www.chemweek.com/regions/north_america/Westlake-closes-purchase-of-CertainTeeds-PFG-business_51657.html May 2, 2013
Phillips 66’s chemical segment, comprising a 50% interest in Chevron Phillips Chemical Company (CPChem), contributed first-quarter adjusted earnings of $282 million, a 30%...http://www.chemweek.com/regions/north_america/Phillips-66-chemical-earnings-up-30-percent-on-olefins-and-polyolefins_51638.html May 2, 2013
Airgas reported its fiscal fourth quarter and full year earnings today—with net earnings for the quarter down slightly, and a modest gain in sales, citing the impact of continued...http://www.chemweek.com/regions/north_america/Airgas-reports-modest-growth-on-uncertain-economic-environment_51670.html May 2, 2013
PolyOne today reported first-quarter net income from continuing operations down 26.8% year-on-year (YOY), to $11.2 million, on sales up 7.5%, to $801.1 million. Adjusted earnings...http://www.chemweek.com/regions/north_america/PolyOne-net-income-declines-but-adjusted-earnings-beat-estimates_51658.html May 2, 2013
BASF says it has appointed Kenneth Lane, currently senior v.p./isocyanates in Europe, as president/catalysts division headquartered at Iselin, NJ effective 1 June 2013. Lane succeeds...http://www.chemweek.com/regions/north_america/BASF-appoints-Kenneth-Lane-as-presidentcatalysts-division_51667.html |
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