IHS Chemical Week

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October 19, 2015
Celanese (Dallas) reports third-quarter earnings of $151 million, down 40% year-over-year (YOY), on sales of $1.4 billion, down 20% YOY. Adjusted earnings per share of $1.50 were well ahead of the analysts’ consensus estimate of $1.37, as compiled by Thomson Reuters (New York)....
October 19, 2015
Oxea (Dallas) is increasing off-list prices for n-propanol and n-propyl acetate on 1 November. Prices for both products will increase 5 cts/lb in North America and $110/m.t. in South and Central America, as well as Asia, Africa, and the Middle East....
October 19, 2015
Azelis Group, a major, Europe-based specialties distributor, has agreed to acquire Koda Distribution to expand its presence in North America. Koda will be renamed Azelis Americas and...
October 19, 2015
Praxair is upgrading its air separation liquefaction capabilities in Salt Lake City, UT. The process is expected to be completed in the first quarter of 2017. The company will add a...
October 16, 2015
US October propylene contracts settled higher on Friday at an increase of 0.50 cents per pound, as spot prices have inched higher on the back of fundamentals. The October polymer grade (PG) grade contract settled at 30.50 cents per pound, while the chemical grade (CG) contract settled at 29.00 cents per pound....
October 16, 2015
Northwest Innovation Works (NWIW; Kalama, WA), a company owned by Chinese investors, has significantly scaled up its investment and planned methanol capacity in the US Pacific...
October 16, 2015
PPG Industries today reported third-quarter net income up 14.9% year-on-year (YOY), to $433 million, or $1.59/share, on net sales down 1.8%, to $3.87 billion. Sales rose 6% in...
October 16, 2015
The CEOs of 10 of the world’s largest oil and gas companies, which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s...
October 15, 2015
Celanese says that its 50-50 joint venture with Mitsui & Co., has completed construction of the previously announced methanol production plant at Celanese's integrated chemical...
October 15, 2015
A fire broke out at Braskem's site at Santo Andre, Brazil at 16.30 local time on 14 October causing the site to be shut down, the company has announced. The incident occurred at one of...
October 15, 2015
While ag and crop nutrient markets may be distressed in 2015, investment management and research firm Bernstein Research predicts that the demand weakness for potash may be temporary...
October 15, 2015
Praxair is increasing the price of carbon dioxide (CO2) by up to 15% to its customers in the United States and Mexico, effective 1 November or as individual contracts permit. The price...
October 15, 2015
Dow has asked local authorities to provide a 10-year tax abatement for a $1 billion ethylene glycol (EG) plant that the company would build at its Freeport, TX, facility for MEGlobal, its EG joint venture with Petrochemical Industries Company of Kuwait....
October 15, 2015
Pilot Chemical, a maker of surfactants and other specialty chemicals, says that CEO Paul Morrisroe is retiring, effective today. He will be replaced as CEO by Pilot Chemical president and COO Pamela R. Butcher....
October 15, 2015
The boards of the Chemical Heritage Foundation (CHF) and Life Sciences Foundation (LSF) have approved a merger of the two organizations. The combined organization will cover the...
October 15, 2015
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, today announced that it completed wave 1 of the transfer of its proprietary...
October 14, 2015
Chemtura has announced its exit from the manufacture and sale of hexabromocyclododecane (HBCD)-based flame retardant products. Increasing regulatory restrictions on the use of...
October 14, 2015
KMG Chemicals today reported a fiscal fourth-quarter profit of $3.33 million, compared with a loss of $822,000 in the year-ago quarter, on net sales down 16.7% year-on-year (YOY), to...
October 14, 2015
Amyris (Emeryville, CA) says it plans to offer $50 million of convertible senior notes due 2019 in a private placement to qualified institutional buyers and institutional accredited...
October 14, 2015
Pennsylvania, West Virginia, and Ohio have announced a three-year agreement, the Tri-State Regional Cooperation Agreement, under which they will work together on a regional strategy for developing shale resources in the Appalachian Basin....
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