IHS Chemical Week

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April 10, 2015
New DuPont director and former LyondellBasell Industries CEO Jim Gallogly was approached by Trian Fund Management (New York) to join the activist hedge fund’s dissident slate for...
http://www.chemweek.com/regions/north_america/DuPont-Trian-approached-new-DuPont-director-to-join-dissident-board-slate_69307.html
April 10, 2015
Praxair has started up multiple plants serving the oxygen needs of Nadir Figueiredo (São Paulo), the company announced today. Praxair’s plants, which are located...
http://www.chemweek.com/regions/south_america/brazil/Praxair-starts-ups-plants-supplying-oxygen-to-Brazil-glass-manufacturer_69336.html
April 10, 2015
The EuroChem Group (Zug, Switzerland), one of the largest global fertilizer players; Maire Tecnimont; and SACE today announced the signing of a memorandum of understanding (MOU) to...
http://www.chemweek.com/regions/north_america/EuroChem-signs-MOU-to-build-five-ammonia-urea-complexes-in-three-countries_69332.html
April 10, 2015
Enterprise Products Partners (Houston) has started a supplemental, binding, open commitment period to determine shipper demand for incremental capacity being added on the Aegis...
http://www.chemweek.com/regions/north_america/Enterprise-starts-offering-additional-capacity-on-Aegis-ethane-pipeline_69331.html
April 10, 2015
Matheson (Basking Ridge, NJ), a subsidiary of industrial gases company Taiyo Nippon Sanso (Tokyo), says that it has acquired Air Liquide's Hawaiian assets and operations. The...
http://www.chemweek.com/regions/north_america/us/Matheson-acquires-Air-Liquides-assets-in-Hawaii_69326.html
April 10, 2015
Indian pharma major Cipla (Mumbai) says that an EU subsidiary will acquire a company in Brazil. Cipla has definitively agreed to acquire a 100% stake in Duomed Produtos Farmaceuticos...
http://www.chemweek.com/regions/south_america/brazil/Indian-pharma-group-acquires-company-in-Brazil_69324.html
April 10, 2015
The port of Santos, Brazil, in the state of Sao Paulo, remained closed to traffic on 9 April because of an almost week-long fire that continues to burn at storage tanks there belonging...
http://www.chemweek.com/regions/south_america/brazil/Brazils-Santos-port-remains-closed-as-terminal-fire-still-rages_69318.html
April 9, 2015
Ashland says it has definitively agreed to sell its Valvoline car-care assets, including manufacturing and distribution facilities in Hernando, MI, to Niteo Products, a newly formed...
http://www.chemweek.com/regions/north_america/Ashland-sells-Valvoline-car-care-assets-to-private-equity-firm_69306.html
April 9, 2015
Inbra Indústrias Químicas (Diadema, Brazil) is planning a plastic and rubber additives manufacturing facility in Orangeburg County, SC, the company announced. Inbra is...
http://www.chemweek.com/regions/north_america/Brazilian-firm-to-build-plasticizer-unit-in-the-US_69303.html
April 9, 2015
Mylan has made a proposal to acquire Perrigo (Dublin) for $28.9 billion. Under the terms of the nonbinding proposal, Perrigo shareholders would receive $205 in a combination of cash...
http://www.chemweek.com/regions/north_america/us/Mylan-offers-to-acquire-Perrigo-for-$28-9-billion_69296.html
April 9, 2015
Propylene stocks were down slightly in the United States during the week ended 3 April, according to data released by the Energy Information Administration (EIA; Washington). The...
http://www.chemweek.com/regions/north_america/Propylene-stocks-down-in-US-for-first-time-in-two-weeks_69294.html
April 8, 2015
Renewable chemicals firm BioAmber (Minneapolis) says it has entered into a technology license agreement with Johnson Matthey Davy Technologies (JM Davy) that will enable BioAmber to...
http://www.chemweek.com/regions/north_america/BioAmber-licenses-JM-Davy-BDO-and-THF-technologies_69295.html
April 8, 2015
During the week ended 4 April, chemical railcar traffic in North America dropped 2.6% year-on-year mainly on a decline in the United States....
http://www.chemweek.com/regions/north_america/Weekly-chemical-railcar-traffic-in-North-America-down-2-6-percent-YOY_69284.html
April 8, 2015
RPM International (Medina, OH) reports a net loss of $57.3 million for the quarter ended 28 February, down from a gain of $16.2 million in the year-ago period , due mainly to a one-time charge related to the recent bankruptcy settlement of its Specialty Products Holding Corp. (SPHC) subsidiary. Sales increased 9.6% YOY to $946.3 million .Excluding charges, RPM says net income grew 61.2% to $26.2 million or 20 cts/share....
http://www.chemweek.com/regions/north_america/us/RPM-swings-to-loss-on-one-time-charge_69283.html
April 8, 2015
The House Energy and Commerce Subcommittee on Environment and the Economy announced their own bipartisan version of TSCA reform, as a similar bill works its way through the Senate...
http://www.chemweek.com/regions/north_america/TSCA-reform-discussion-draft-introduced-in-House_69292.html
April 8, 2015
Market sources said last week that ethylene production was back online at Williams Partners' Geismar, LA, ethane cracker, but Choctaw, LA, ethylene prices continue to trade at a high...
http://www.chemweek.com/regions/north_america/Choctaw-ethylene-still-trading-at-high-premiums-despite-production-returning-in-Louisiana_69268.html
April 8, 2015
Renewable Energy Group Inc. (REG; Ames, IA) is carrying out preliminary damage assessments after a fire at its Geismar, LA, biorefinery, the company says. The fire broke out shortly...
http://www.chemweek.com/regions/north_america/REG-Geismar-biorefinery-repairs-to-take-2-4-months-following-fire-at-production-unit_69282.html
April 8, 2015
Private equity firm New Mountain Capital (New York) has agreed to acquire Zep (Atlanta), a maker of consumer cleaning and maintenance chemicals, for $692 million, or $20.05/share. The...
http://www.chemweek.com/regions/north_america/Zep-to-be-acquired-by-New-Mountain-Capital_69279.html
April 8, 2015
Omnova reports a net loss of $3.2 million for its seasonally weak first quarter compared with a gain of $1.2 million in the year-ago quarter. Excluding one-time items, including an...
http://www.chemweek.com/regions/north_america/Omnova-swings-to-a-loss-in-seasonally-weak-first-quarter_69280.html
April 7, 2015
Airgas today announced it is raising its quarterly dividend on its common stock by 9%, to 60 cts/share form 55 cts/share. The higher dividend will be paid on 30 June to shareholders of...
http://www.chemweek.com/regions/north_america/Airgas-raises-dividend_69271.html
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