IHS Chemical Week

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December 17, 2014
Canada’s producers of industrial chemicals are projecting a slight decline in sales volumes and profits in 2015, but a 30% increase in capital investment, according to a survey of members by the Chemistry Industry Association of Canada (CIAC)....
http://www.chemweek.com/regions/north_america/Canadian-producers-project-record-sales-for-2014-slight-decline-in-2015_66166.html
December 17, 2014
MEGlobal (Dubai) has launched a front-end engineering design (FEED) study for construction of a world-scale ethylene glycol (EG) plant on the US Gulf coast. The plant is expected to onstream in 2018....
http://www.chemweek.com/regions/north_america/MEGlobal-studies-world-scale-ethylene-glycol-project-in-US_66241.html
December 17, 2014
La Coop fédérée (Montreal) and Indian Farmers Fertiliser Cooperative (Iffco; New Delhi) are suspending plans to build a urea production plant at Becancour, PQ, the...
http://www.chemweek.com/regions/north_america/Canada-urea-project-suspended_66242.html
December 17, 2014
Dow Chemical says that Deborah Borg, v.p./human resources (HR), has been named president of the company's US activities. She will continue to be based at Midland, MI; report to Joe...
http://www.chemweek.com/regions/north_america/us/Dows-new-presidentUnited-States_66232.html
December 17, 2014
Bayer HealthCare announced today that it has definitively agreed to sell its equine products Legend/Hyonate (hyaluronate sodium) and Marquis (ponazuril) to Merial. The deal is expected...
http://www.chemweek.com/regions/north_america/Bayer-HealthCare-divests-old-animal-health-products-to-Merial_66231.html
December 17, 2014
Toluene disproportionation (TDP) and selective TDP (STDP) units are likely to be the first casualties of the recent collapse of the benzene price, in the United States and worldwide...
http://www.chemweek.com/regions/north_america/Toluene-disproportionation-operating-rates-in-US-are-the-first-to-be-slowed-by-collapse-of-benzene-prices_66245.html
December 17, 2014
Combined polyolefin exports from the United States and Canada tumbled in October, according to data compiled by Veris Consulting for the ACC Plastics Industry Producers' Statistics Group. Overall sales results were mixed....
http://www.chemweek.com/regions/north_america/Steep-October-decline-for-US-Canada-polyolefin-exports_66221.html
December 17, 2014
UCB, Advent International and Avista Capital Partners said on Tuesday that they have agreed to terminate their agreement, announced on 7 November 2014, for Advent and Avista to acquire...
http://www.chemweek.com/regions/north_america/UCB-terminates-agreement-to-sell-generic-drugs-unit-to-private-equity-groups_66235.html
December 16, 2014
Praxair announced today that it is increasing medical and bulk gas prices for customers in the United States, Canada, Mexico, and Puerto Rico effective 1 January. The adjustments will...
http://www.chemweek.com/regions/north_america/Praxair-to-increase-North-American-prices_66219.html
December 16, 2014
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Select Chemicals Ltd. (Yorktown, TX), a maker of production chemicals for oil and gas operations in...
http://www.chemweek.com/regions/north_america/WadeCo-acquires-Texas-based-oil-production-chemicals-maker_66207.html
December 16, 2014
Renewable Energy Group (REG; Ames, IA) has completed upgrades to the company's biorefinery at Newton, IA, which allows the plant to produce an even higher-purity biomass-based diesel...
http://www.chemweek.com/regions/north_america/REG-upgrades-Iowa-biorefinery_66206.html
December 16, 2014
Venture Global LNG will invest $4.25 billion to build a new liquefaction processing complex and liquefied natural gas (LNG) export terminal. The facility will be constructed on the...
http://www.chemweek.com/regions/north_america/Venture-Global-LNG-invests-in-liquefaction-complex-and-LNG-export-terminal-in-Louisiana_66202.html
December 16, 2014
Enterprise Products Partners (Houston) has started a binding open season for a proposed expansion of the portion of its Panola Pipeline natural gas liquids (NGL) system between Carthage and Mont Belvieu, TX, where the company operates the world’s largest fractionation complex....
http://www.chemweek.com/regions/north_america/Enterprise-seeks-shippers-for-proposed-Panola-NGL-pipeline-extension_66187.html
December 15, 2014
Sherwin-Williams (SW) today narrowed its full-year 2014 adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are...
http://www.chemweek.com/regions/north_america/Sherwin-Williams-narrows-guidance-details-Lowes-program_66154.html
December 15, 2014
Berkshire Hathaway (Omaha, NE) has acquired Charter Brokerage (New York), a provider of trade services and customs drawback logistics to the oil and chemical industries, from private...
http://www.chemweek.com/regions/north_america/Berkshire-Hathaway-buys-trade-services-firm-from-Arsenal_66186.html
December 15, 2014
US ethylene prices continue to fall despite production issues over the weekend at Chevron Phillips Chemical’s Sweeny complex in Old Ocean, TX; and Dow Chemical’s Freeport, TX, facility. According to IHS Chemical, ethylene was trading Monday morning at 39.5 cts/lb del US Gulf Coast, down from Friday’s notional value of 41–42 cts/lb...
http://www.chemweek.com/regions/north_america/US-ethylene-declines-despite-production-issues-at-CPChem-and-Dow_66185.html
December 15, 2014
BASF’s coatings division has become the sole supplier of automotive coatings for Chery's (Wuhu, China) automotive production plant at Jacarei, Brazil, which started operations in August....
http://www.chemweek.com/regions/south_america/brazil/BASF-to-supply-Chery-automotive-plant-in-Brazil_66179.html
December 15, 2014
Johnson Matthey says it has agreed to divest its gold and silver refining business to Asahi Holdings, a collector, refiner, and recycler of precious and rare metals from waste...
http://www.chemweek.com/regions/north_america/Johnson-Matthey-sells-gold-and-silver-refining-business-to-Asahi-Holdings_66175.html
December 15, 2014
LSB Industries (Oklahoma City) says its Cherokee, AL, facility will be off-line until late December for unplanned maintenance. The company expects to supply most of its customers’ demand for urea ammonium nitrate, ammonium nitrate solution, and ammonia from inventory....
http://www.chemweek.com/regions/north_america/us/LSB-Industries-takes-Cherokee-AL-facility-off-line-for-unplanned-maintenance_66178.html
December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/regions/north_america/us/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
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