IHS Chemical Week

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November 9, 2016
Tricon Energy (Houston, Texas) has appointed Christian Wendel to replace Ignacio Torras as CEO, effective 9 November. Torras will remain as president and chairman of the board. Tricon...
November 9, 2016
GCP Applied Technologies, the former construction and packaging business of WR Grace, today reported third-quarter net income of $21.3 million, compared with a loss of $15.3 million...
November 9, 2016
Trammo (New York), a trading group, will exit petrochemical markets at the end of 2016, a company statement has confirmed. “Trammo will no longer trade petrochemicals, with the...
November 9, 2016
During the week ended 5 November, chemical railcar traffic in North America decreased 0.4% year-over-year (YOY) as declines in the United States and Mexico again offset a strong gain in Canada for the fourth consecutive week....
November 8, 2016
Ashland today reported a fiscal fourth-quarter net loss from continuing operations of $272 million, compared with a loss of $59 million in the year-ago quarter, on sales down 2.3%...
November 8, 2016
International Flavors and Fragrances (IFF) reported third-quarter net income down 15.6% year-on-year (YOY), to $89.8 million, on sales up 2% YOY, to $777 million. Currency neutral...
November 8, 2016
Huntsman says that the F6 ethylene oxide (EO) unit at its Port Neches, Texas, site was restarted over the weekend, and it is operating normally....
November 8, 2016
Westlake Chemical Corp. (Houston) reports third quarter net income of $65.7 million, down 64% year-over-year (YOY) from $183.6 million on costs associated with the 31 August acquisition of Axiall, lower integrated olefins margins, and trading losses. Net sales totaled $1.279 billion, up 7.7% YOY on sales contributed by Axiall and higher sales prices for most major products, partially offset by lower sales volumes. Adjusted earnings of $0.92/share beat the consensus estimate of $0.90/share....
November 8, 2016
Albemarle has reported third-quarter net income up 96% year-on-year (YOY), to $128.2 million, on sales down 6%, to $654.0 million. Sales declined due to the divestitures of the metal...
November 8, 2016
BP Ventures and Air BP, each subsidiaries of BP, have entered into a partnership with Fulcrum BioEnergy (Pleasanton, California), a developer and producer of low-carbon jet fuel, in...
November 8, 2016
BASF said today that it will invest more than €200 million ($221 million) to expand its global plastic additives capacity over the next five years....
November 7, 2016
Ag biologicals firm BioConsortia (Davis, California) says it has raised $12 million in funding in 2016 that it will use on research, field trials, and trait discovery. The company last...
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