IHS Chemical Week

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Displaying 181 - 200 of 13381 stories.
January 30, 2015
Methanex reports net income for the fourth quarter of $133 million, up 4% year-over-year (YOY) from $128 million. Sales totaled $733 million, down 17% YOY from $881 million. Adjusted earnings of 85 cents/share fell short of the analysts’ consensus estimate of 95 cents/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/Methanex-earnings-up-4-percent-but-short-of-estimates-on-pricing_67321.html
January 30, 2015
OxyChem, the chemical segment of Occidental Petroleum, has reported pre-tax earnings for the fourth quarter of $160 million, up 25% year-on-year from $128 million. The company attributes the gain to higher margins for polyvinyl chloride (PVC), the result primarily of higher PVC pricing, and improved volumes for most product lines, partially offset by lower caustic soda pricing....
http://www.chemweek.com/regions/north_america/OxyChem-earnings-up-25-percent-on-PVC-margins_67319.html
January 29, 2015
David Lumpkins has joined the board of directors of Westlake Chemical Partners’ general partner. Westlake Chemical Partners (Houston) is the master limited partnership formed by Westlake Chemical to operate, acquire and develop ethylene production facilities....
http://www.chemweek.com/regions/north_america/David-Lumpkins-joins-board-of-Westlakes-ethylene-MLP_67334.html
January 29, 2015
Groups are advocating, and governments are considering, changes to recycling policy to increase recycling rates in the US, according to a panel discussion on packaging held yesterday...
http://www.chemweek.com/regions/north_america/ACI-2015-Groups-governments-consider-changes-to-recycling-policies_67340.html
January 29, 2015
Fortaleza, a Bostik (Paris) subsidiary, has opened a manufacturing facility at Queimados, Rio de Janeiro State, Brazil. The new facility manufactures cementitious tile adhesive...
http://www.chemweek.com/regions/south_america/brazil/Bostik-opens-adhesives-manufacturing-facility-in-Brazil_67311.html
January 29, 2015
Ash Stevens (Riverview, MI), a provider of global contract pharmaceutical drug substance development and active pharmaceutical ingredient (API) manufacturing services, says that FDA...
http://www.chemweek.com/regions/north_america/us/Ash-Stevens-to-manufacture-amotosalen-API-for-Cerus_67310.html
January 29, 2015
Modernization of the Toxic Substances Control Act (TSCA), the chemicals management law in the United States, was a major topic at Wednesday’s ACI issues briefing, held during...
http://www.chemweek.com/regions/north_america/ACI-2015-TSCA-reform-tops-regulatory-agenda_67323.html
January 29, 2015
Yacimientos Petroliferos Fiscales (YPF; Buenos Aires) and Sinopec have signed a memorandum of understanding (MOU) with the intention of forming a partnership to develop projects in...
http://www.chemweek.com/regions/south_america/argentina/YPF-Sinopec-plan-oil-and-gas-JV-in-Argentina_67315.html
January 29, 2015
Sherwin-Williams (SW) today reported fourth-quarter net income up 14.3% year-on-year (YOY), to $132.7 million, on sales up 4.6%, to $2.57 billion. Earnings totaled $1.37/share...
http://www.chemweek.com/regions/north_america/Sherwin-Williams-earnings-rise-but-miss-estimates_67317.html
January 29, 2015
Renewable fuels and chemicals maker Gevo (Englewood, CO) says that the U.S. Supreme Court ruled in its favor and overturned an earlier Federal Circuit Court of Appeals ruling on the...
http://www.chemweek.com/regions/north_america/Gevo-wins-round-in-Butamax-patent-fray_67286.html
January 29, 2015
Umicore (Brussels) says that its precious metals chemistry business unit has appointed a subsidiary of Midas Pharma (Ingelheim, Germany) at Parsippany, NJ, as the exclusive sales agent...
http://www.chemweek.com/regions/north_america/us/Umicores-API-business-appoints-sales-partner-for-North-America_67298.html
January 29, 2015
Mitsui & Co. has signed two time-charter contracts for liquefied natural gas (LNG) ships slated for the Cameron LNG export project in Louisiana, the company announced today. The...
http://www.chemweek.com/regions/north_america/Mitsui-secures-two-more-ships-for-US-LNG-export-project_67292.html
January 29, 2015
Styrene cargoes have been offered from overseas into Asia at more competitive prices than cargoes of Asian product, although concerns over transit time, forward pricing risk, and...
http://www.chemweek.com/regions/north_america/Offers-from-Europe-US-weigh-on-Asias-styrene-markets_67293.html
January 29, 2015
Executives at international cleaning products associations say that harmonizing regulatory and sustainability standards across different countries will be a key focus in 2015. Association executives also pointed to initiatives in individual countries or regions, such as Registration, Evaluation, and Authorisation of Chemicals (Reach) in Europe or education about proper use of cleaning products in Brazil. The executives spoke Tuesday at the global issues briefing at ACI’s annual conference in Orlando, FL....
http://www.chemweek.com/regions/north_america/ACI-2015-Standards-harmonization-key-to-international-agenda_67287.html
January 29, 2015
Cabot reports net sales for the fiscal first quarter ended 31 December 2014 of $812 million, down 10% year-on-year (YOY) from $898 million. Net income totaled $45 million, down 44% YOY from $80 million. Adjusted earnings were 80 cents/share, beating analysts’ consensus of 65 cts/share as compiled by Thomson Reuters (New York). The company says that an 11-ct/share adjustment principally reflected charges associated with a pension settlement and restructuring....
http://www.chemweek.com/regions/north_america/Cabot-income-drops-on-weakness-in-Europe-South-America_67288.html
January 28, 2015
Albemarle today reported a fourth-quarter net loss of $18.5 million, or 24 cts/share, compared with a profit of $155.9 million in the year-ago quarter. Net sales declined 6.4%...
http://www.chemweek.com/regions/north_america/Albemarle-earnings-fall-short-of-estimates-on-lower-sales_67289.html
January 28, 2015
Praxair fourth-quarter earnings dropped on weakness outside of North America and the negative currency effects, and the company’s outlook for 2015 fell below expectations...
http://www.chemweek.com/regions/north_america/Praxair-meets-estimates-but-2015-outlook-disappoints_67275.html
January 28, 2015
As energy and petrochemical prices continue to drop, the United Steelworkers (USW; Pittsburgh)—which represents about 30,000 workers across refineries, pipelines, terminals, and...
http://www.chemweek.com/regions/north_america/US-refinery-operators-union-workers-discuss-labor-agreement-as-energy-markets-continue-slide_67252.html
January 28, 2015
PolyOne (Cleveland) reports fourth-quarter revenue of $869 million, down 6% year-on-year (YOY) from $924 million. The company swung to a net loss of $14 million, versus a profit of $49 million in the year-ago quarter. Special items, the largest of which was the mark-to-market pension adjustment, resulted in a net after-tax charge of $47.5 million, says the company. Adjusted earnings of 36 cents/share were up 38% YOY and beat analysts’ consensus estimate of 34 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/PolyOne-beats-earnings-per-share-estimates_67254.html
January 28, 2015
PotashCorp says that one of its employees — Keith Stormant —died as a result of an incident that occurred at the company’s Swift Creek mine at White Springs, FL on 26...
http://www.chemweek.com/regions/north_america/us/Accident-at-PotashCorp-phosphate-facility-at-White-Springs-kills-one-worker_67258.html
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