IHS Chemical Week

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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
December 12, 2014
Univar USA says it has reached an agreement with Penford Products to become the exclusive commercial distributor of PenCare DP cationic polymer, a biobased product for the...
http://www.chemweek.com/regions/north_america/Univar-to-distribute-Penford-renewable-ingredient-for-personal-care-market_66165.html
December 12, 2014
Eastman Chemical has completed the acquisition of Commonwealth Laminating & Coating (Martinsville, VA), Eastman announced today. Financial details of the transaction have not been...
http://www.chemweek.com/regions/north_america/Eastman-completes-acquisition-of-film-manufacturer_66156.html
December 12, 2014
Olin plans to close permanently the portion of the company's Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/regions/north_america/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66151.html
December 12, 2014
The US Department of Commerce (Commerce Department) has concluded antidumping duty and antisubsidy duty investigations of imports of calcium hypochlorite from China. As a result, the...
http://www.chemweek.com/regions/north_america/US-confirms-antidumping-duty-on-calcium-hypochlorite-imports-from-China_66150.html
December 12, 2014
IHS has cut its crude oil forecast sharply with the latest dated Brent projections lowered by about $22/bbl in 2015 and $11/bbl in 2016, according to IHS December Global Crude Oil...
http://www.chemweek.com/regions/north_america/IHS-cuts-2015-crude-oil-price-forecast-sharply_66035.html
December 12, 2014
Brazil's antitrust authority, Cade, has unanimously approved, albeit with restrictions, Israel Chemicals Ltd. (ICL) acquiring Vale’s stake in Fosbrasil, a joint venture producing...
http://www.chemweek.com/regions/south_america/brazil/Brazils-antitrust-authority-approves-ICLs-acquisition-of-Vales-share-in-Fosbrasil_66153.html
December 12, 2014
Engineering and construction (E&C) firm KBR said on Thursday that it will streamline its operations following a major, strategic review announced in June. The restructuring...
http://www.chemweek.com/regions/north_america/KBR-to-streamline-operations-following-an-in-depth-review_66145.html
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