IHS Chemical Week

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October 26, 2016
A. Schulman on Wednesday reported a net loss of $385 million for the fiscal fourth quarter ended 31 August, compared to net income of $23.7 million in the year-ago quarter, due to an...
October 26, 2016
During the week ended 22 October, chemical railcar traffic in North America decreased 0.9% year-over-year (YOY) as a strong gain in Canada failed to offset large declines in the United States and Mexico. For the year to date, volumes from the chemical sector continue to run well ahead of the average....
October 26, 2016
The Texas Commission on Environmental Quality (TCEQ) has given preliminary approval to an air quality permit allowing Chemours to build a $230-million hydrofluoroolefin (HFO) -1234yf plant at its Corpus Christi facility in Ingleside, Texas....
October 26, 2016
W.R. Grace reports third-quarter net income up 22.3% year-on-year (YOY), to $41.2 million. Net sales increased 1.3% YOY to $404.5 million, mostly due to the integration of BASF...
October 26, 2016
Praxair has signed a long-term contract with MEGlobal (Dubai) to supply oxygen and nitrogen to its ethylene glycol (EG) plant being built in Freeport, Texas. Praxair will use the air...
October 26, 2016
PolyOne reported net income of $42.3 million, down 4.9% from year-on-year due mainly to higher realignment and acquisition-related costs, which resulted in a net after-tax charge of $4.7 million. Revenue of $843.6 million was up 0.2% YOY....
October 25, 2016
Huntsman (The Woodlands, Texas) has announced a global increase on the price of all titanium dioxide (TiO2) pigments, effective 1 January 2017. Prices will increase $0.07/lb in North America; $160/metric ton in Asia-Pacific, Africa, Latin America and Middle East; and €150/metric ton or $160/metric ton in Europe....
October 25, 2016
For its third quarter, 3M (St. Paul, Minnesota) reports net income of $1.3 billion, up 2.5% year over year (YOY), on sales of $7.7 billion, flat YOY. Both were pulled down by declines in the electronics and energy segment. The industrial segment, which includes chemicals and adhesives, and 3M’s other business segments have turned in gains....
October 25, 2016
Sherwin also announced today that senior v.p. and corporate controller Allen Mistysyn will become senior v.p./finance and CFO, effective 1 January 2017....
October 25, 2016
DuPont also said today that extended regulatory reviews would likely push the expected close of its pending merger with Dow Chemical into first-quarter 2017 if regulators use the full allotted time. Both companies had previously expected to close the deal in second-half 2016. The subsequent separation of the merged Dow-DuPont into three separate, publicly traded companies is expected about 18 months after closing, DuPont says....
October 25, 2016
Emerald Kalama Chemical (Cuyahoga Falls, Ohio) says it has completed a 50,000 metric ton/year debottlenecking of a reactor used to produce benzoic acid at its Rotterdam, The Netherlands, facility. Emerald Kalama also says it has begun the final stage of a $40 million expansion of purification and finishing facilities that will increase capacity to produce high-purity benzoic acid by 100,000 metric tons/year....
October 25, 2016
Airgas's revenue has been included in Air Liquide's figures for the first time....
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