IHS Chemical Week

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Displaying 181 - 200 of 13029 stories.
November 14, 2014
China will invest $14 billion in Mexico's energy, mining, infrastructure, telecommunications, and tourism sectors after the two countries' governments signed 14 cooperation agreements...
http://www.chemweek.com/regions/north_america/China-to-invest-$14-billion-in-Mexico-including-$5-billion-in-the-energy-sector_65440.html
November 14, 2014
US-President Obama has announced an ambitious 2025 target to cut net US greenhouse gas (GHG) emissions to 26–28% below 2005 levels by 2025. At the same time, President Xi Jinping...
http://www.chemweek.com/regions/north_america/US-China-agree-on-joint-efforts-on-climate-change-clean-energy_65368.html
November 14, 2014
Evonik Industries says that the inorganic materials business unit of its North American subsidiary Evonik Corp. (Parsippany, NJ) has signed new agreements with The Cary Co. (Addison...
http://www.chemweek.com/regions/north_america/us/Evonik-signs-distribution-agreements-for-silica-in-US_65431.html
November 13, 2014
Activist hedge fund Third Point, which has been openly critical of Dow Chemical management since January, intends to wage a proxy battle for board seats at Dow's 2015 annual meeting, according to SEC filings....
http://www.chemweek.com/regions/north_america/Third-Point-prepares-for-proxy-fight-at-Dow-Chemical_65388.html
November 13, 2014
Dow Chemical announced plans on 12 November to cut its stake in its Kuwaiti petrochemical joint ventures and sell its Angus Chemical subsidiary to private equity firm Golden Gate Partners for $1.2 billion. Dow announced the deals as part of a strategy update at its investor day in Lake Jackson, TX, where the company also announced plans to realign external reporting, increase its dividend, and expand a shareholder repurchase program....
http://www.chemweek.com/regions/north_america/us/Dow-updates-strategy-as-Third-Point-raises-pressure_65419.html
November 13, 2014
Lonza ‘s consumer care segment has signed an agreement with Koda’s care segment for Koda to serve as Lonza’s exclusive third-party distributor of hygiene and personal...
http://www.chemweek.com/regions/north_america/Lonza-partners-with-Koda-for-personal-care-distribution-in-North-America_65364.html
November 13, 2014
Trinseo (Berwyn, PA; formerly Styron) reports a third-quarter loss of $10 million, down from a profit of $5 million in the year-ago period. Sales were flat year-over-year (YOY) at $1.3 billion. Higher SSBR volume and a favorable currency effects were offset by lower prices stemming mainly from lower raw material costs, says the company. Adjusted Ebitda declined 14% YOY to $62 million, the result of lower styrene monomer production margins, lower equity affiliate income, partially offset by well-timed raw material purchases, higher solution-polymerized styrene butadiene rubber (S-SBR) sales volume, and currency effects....
http://www.chemweek.com/regions/north_america/us/Trinseo-swings-to-loss-on-poor-styrene-margins_65426.html
November 13, 2014
Brazil's competition authority CADE (Brasilia) has rejected Braskem's proposed acquisition of Solvay's 70.59% stake in chlorvinyls company Solvay Indupa (Buenos Aires). The decision...
http://www.chemweek.com/regions/south_america/brazil/Brazil-blocks-Braskems-acquisition-of-Solvay-Indupa-update-adds-Braskem-comment_65343.html
November 13, 2014
Japan Polypropylene (JPP; Tokyo), a joint venture between Japan Polychem—a subsidiary of Mitsubishi Chemical—and JNC Corp. (Tokyo), has announced an expansion of...
http://www.chemweek.com/regions/north_america/Japan-Polypropylene-to-expand-compounding-capacity-in-US-China_65367.html
November 13, 2014
Dow Chemical is raising its quarterly dividend by 14%, to 42 cts/share, and more than doubling the size of its share buyback program, the company says. The share buyback program...
http://www.chemweek.com/regions/north_america/Dow-raises-dividend-increases-size-of-share-buyback_65328.html
November 13, 2014
Eastman Chemical is forecasting 8–12% annual growth for the next 3 years. Earnings in 2014 are expected to approach $7/share, up from $6.44 in 2013, with 2015 earnings growth...
http://www.chemweek.com/regions/north_america/Eastman-forecasts-strong-earnings-growth-through-2017_65370.html
November 13, 2014
Coatings maker Axalta, owned by private equity firm The Carlyle Group (New York), has commenced an IPO that could raise up to about $1 billion – far higher than previously...
http://www.chemweek.com/regions/north_america/Axalta-to-commence-IPO_65122.html
November 13, 2014
Chemtura today said it will slash manufacturing costs by about $50 million/year, or about 10% of total manufacturing cost, as part of a restructuring program. The restructuring will...
http://www.chemweek.com/regions/north_america/Chemtura-details-restructuring-efforts_65366.html
November 13, 2014
Engineering & construction group AMEC (London) today announced the completion of the £5 billion ($7.9 billion) merger with Foster Wheeler, creating Amec Foster Wheeler...
http://www.chemweek.com/regions/north_america/AMEC-and-Foster-Wheeler-combine-into-Amec-Foster-Wheeler_65355.html
November 13, 2014
The United States International Trade Commission (ITC) has determined that imports of refrigerant gas R-134a from China do not harm the US industry. As a result, no antidumping or...
http://www.chemweek.com/regions/north_america/us/US-ITC-rules-against-antidumping-duties-on-imports-of-refrigerant-gases-from-China_65354.html
November 12, 2014
Technip said today that it has entered into a contract to supply its Technip Stone & Webster ethylene technology and process design package for a previously announced grassroots...
http://www.chemweek.com/regions/north_america/Technip-to-provide-technology-for-Ascents-ethylene-plant_65076.html
November 12, 2014
Technip said today that Sasol has awarded it a contract to provide engineering and procurement services for eight Technip proprietary Ultra Selective Conversion furnaces for a...
http://www.chemweek.com/regions/north_america/Sasol-awards-ethylene-furnace-contract-to-Technip_65044.html
November 12, 2014
A US subsidiary of the pharma group Aurobindo (Hyderabad, India) headquartered at Dayton, NJ, says it is the highest bidder for the acquisition of nutritional supplement producer...
http://www.chemweek.com/regions/north_america/Aurobindo-Pharma-to-acquire-US-nutritional-supplements-company-Natrol_65310.html
November 12, 2014
Enterprise Products Partners and Oiltanking Partners have concluded the agreement that will merge the two companies, under a $6-billion deal announced on 1 October. Each share in Oiltanking will be exchanged for 1.3 shares in Enterprise, a 10.4% premium based on closing prices on 10 November, says Enterprise. Enterprise expects the merger to be completed in early 2015....
http://www.chemweek.com/regions/north_america/Enterprise-Oiltanking-reach-merger-agreement_65320.html
November 12, 2014
Adama Agricultural Solutions, the leading off-patent crop protection company, has announced the commencement of marketing of its initial public offering of shares, which are expected...
http://www.chemweek.com/regions/north_america/Adama-proceeds-with-plans-to-list-on-New-York-Stock-Exchange_65308.html
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