IHS Chemical Week

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March 4, 2015
Kimberly-Clark Professional, a division of Kimberly-Clark; and Eastman Aviation Solutions, a division of Eastman Chemical, say that they have entered an aviation collaboration that...
http://www.chemweek.com/regions/north_america/Eastman-Kimberly-Clark-enter-aviation-collaboration_68295.html
March 4, 2015
Rennovia (Santa Clara, CA) and Johnson Matthey have entered into a joint agreement for the co-development and manufacture of catalysts to be used in the scale-up and commercialization...
http://www.chemweek.com/regions/north_america/Rennovia-Johnson-Matthey-to-co-develop-and-manufacture-catalysts-for-biobased-adipic-acid-process_68297.html
March 4, 2015
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, reports a net profit of $345,000 in the fourth quarter of 2014 compared...
http://www.chemweek.com/regions/north_america/us/Codexis-swings-to-profit_68290.html
March 4, 2015
Shell said on Tuesday that it is training additional staff as it seeks to assure normal operations at facilities that have been impacted by a work stoppage by the United Steelworkers...
http://www.chemweek.com/regions/north_america/USW-Strike-Day-31-Shell-seeks-return-to-normal-operations-as-strike-continues_68288.html
March 3, 2015
The US March benzene contract was finalized at a split settlement on Monday. One producer settled at $2.08/gal, while a lower settlement was completed by another producer at $2.04/gal...
http://www.chemweek.com/regions/north_america/US-benzene-split-settlement-for-March-shows-wide-spread_68289.html
March 3, 2015
LSB Industries (Oklahoma City, OK) reports net income of $657,000 for the fourth quarter, down from $37.3 million in the year-ago period. Sales totaled $181.3 million, up 22% year-over-year (YOY). Adjusted earnings of 9 cts/share fell short of the analysts’ consensus estimate of 35 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/LSB-Industries-fourth-quarter-results-miss-estimates_68271.html
March 3, 2015
Industrial biotechnology firm BioAmber today announced that it has initiated commissioning activities for its 30,000 m.t./year biobased succinic acid plant at Sarnia, Ontario....
http://www.chemweek.com/regions/north_america/BioAmber-begins-commissioning-biobased-succinic-acid-plant-at-Sarnia_68270.html
March 3, 2015
Biopolymers firm Metabolix (Cambridge, MA) announced today that it has entered into a global, exclusive commercial and technology alliance with Honeywell to offer new marine...
http://www.chemweek.com/regions/north_america/Honeywell-taps-Metabolix-for-a-biodegradable-alternative-to-personal-care-microbeads_68287.html
March 3, 2015
Arsenal Capital’s Accella Performance Materials (St. Louis), a maker of custom polyurethanes and recycled rubber products, has acquired IPS Polymer Systems (Rancho Cucamonga...
http://www.chemweek.com/regions/north_america/Arsenals-Accella-acquires-IPS-Polymer-Systems_68273.html
March 3, 2015
Total's New Energies division has made an unspecified investment in cellulosic sugar firm Renmatix (King of Prussia, PA), and the two companies have signed a joint development...
http://www.chemweek.com/regions/north_america/Total-invests-in-cellulosic-sugar-firm-Renmatix_68245.html
March 3, 2015
Bayer MaterialScience will discontinue production at the Belford Roxo site in Brazil. The facilities, designed to produce 55,000 m.t./year of methylene di-para-phenylene isocyanate...
http://www.chemweek.com/regions/south_america/brazil/Bayer-MaterialScience-to-discontinue-production-in-Brazil_68266.html
March 3, 2015
The United Steelworkers (USW; Pittsburgh) union said on Monday that there has been no change in negotiations with Royal Dutch Shell regarding a new three-year labor contract agreement...
http://www.chemweek.com/regions/north_america/USW-strike-continues-with-discussions-at-national-level-set-for-Wednesday_68248.html
March 3, 2015
KVK-Tech (Newtown, PA), a leading developer, manufacturer, and marketer of specialty pharmaceuticals, says it has entered into an agreement to purchase Lockheed Martin’s Newtown...
http://www.chemweek.com/regions/north_america/Pharma-company-buys-Lockheed-Martins-Newtown-PA-site_68263.html
March 3, 2015
Sika (Baar, Switzerland) says that it has agreed to acquire mortar producer BMI Products (Milpitas, CA), a company active in production and sales of a full range of mortar products and...
http://www.chemweek.com/regions/north_america/us/Sika-acquires-US-based-mortar-producer-BMI_68254.html
March 2, 2015
Tronox’s $1.64-billion acquisition of FMC’s soda ash business has received approval under the Hart-Scott-Rodino Antritrust Act in the US, FMC says. The deal is expected to...
http://www.chemweek.com/regions/north_america/Tronox-FMC-soda-ash-deal-clears-regulatory-hurdle-in-US_68249.html
March 2, 2015
Wood Group (Houston) says it is providing detailed engineering, procurement, and fabrication services for the process control systems required by ExxonMobil Chemical’s multibillion-dollar expansion project at ExxonMobil's Baytown and Mont Belvieu plants near Houston....
http://www.chemweek.com/regions/north_america/Wood-Group-awarded-process-controls-contract-for-ExxonMobil-ethylene-PE-project_68233.html
March 2, 2015
Axiall says that George Biltz, the company’s chief strategy officer since August 2013, has resigned, effective mid-month. Biltz has accepted the position of CEO at another company in the chemical industry....
http://www.chemweek.com/regions/north_america/George-Biltz-leaves-Axiall-to-take-CEO-position_68226.html
March 2, 2015
PotashCorp has signed an agreement to purchase a 9.50% stake in producer and distributor Fertilizantes Heringer (Viana, Brazil) from that company's controlling shareholders for $55.7...
http://www.chemweek.com/regions/south_america/brazil/PotashCorp-acquires-9-5-percent-stake-in-Brazil-fertilizer-firm_68227.html
March 2, 2015
FMC has raised its quarterly dividend by 10%, to 16.5 cts/share, the company says. The dividend will be paid on 16 April to shareholders of record as of 31 March. The higher dividend...
http://www.chemweek.com/regions/north_america/FMC-raises-dividend-10-percent_68231.html
March 2, 2015
OM Group today reported a fourth-quarter net loss of $189 million, or $6.24/share, on pension-related charges, compared with a profit of $17.2 million in the year-ago quarter. Sales...
http://www.chemweek.com/regions/north_america/OM-Group-swings-to-loss-on-pension-charge-but-beats-estimates_68229.html
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