IHS Chemical Week

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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
April 7, 2015
Solenis, the former Ashland water treatment business, on 1 April completed the acquisition of the paper chemicals distribution assets of Connell Bros. Co. (CBC; Mumbai), a maker of...
http://www.chemweek.com/regions/north_america/Solenis-completes-India-acquisition_69219.html
April 7, 2015
Investment firm Berkshire Hathaway (Omaha, NE) has purchased 20 million Axalta shares in a private placement at $28/share, for a purchase price of $560 million, Axalta says. The shares...
http://www.chemweek.com/regions/north_america/Berkshire-Hathaway-buys-stake-in-Axalta_69247.html
April 7, 2015
DuPont slams activist hedge fund Trian Fund Management (New York) and its founder and CEO, Nelson Peltz, in an investor presentation released today. The presentation accuses Trian of...
http://www.chemweek.com/regions/north_america/DuPont-slams-Trian-Peltz-in-investor-presentation_69230.html
April 7, 2015
KMG Chemicals says that it will acquire privately held Valves Inc. of Texas (Val-Tex; Houston), a manufacturer of industrial valve lubricants and sealants, in a merger transaction...
http://www.chemweek.com/regions/north_america/us/KMG-to-acquire-Val-Tex_69236.html
April 6, 2015
A. Schulman today reported a fiscal second-quarter net loss of $888,000, or 3 cts/share, due largely to CEO transition costs and restructuring and acquisition integration charges, on...
http://www.chemweek.com/regions/north_america/Schulman-falls-short-of-estimates-sales-fall-due-to-currency-impacts_69232.html
April 6, 2015
The United Steelworkers (USW) Local-8-719 have said they would return to work on Monday at the Marathon Petroleum refinery in Catlettsburg, KY, leaving five locations still left in the...
http://www.chemweek.com/regions/north_america/Marathon-ratifies-union-contract-in-Kentucky-five-locations-remain-on-strike_69209.html
April 6, 2015
The US April benzene contract moved higher in a split settlement  Thursday, following the recent increase in spot prices over the previous month. The benzene supply/demand...
http://www.chemweek.com/regions/north_america/US-April-benzene-contract-moves-up-for-second-consecutive-split-settlement_69152.html
April 2, 2015
During the week ended 28 March, chemical railcar traffic in North America declined 3.2% year-over-year (YOY), led by a 4.2% YOY decline in Canada....
http://www.chemweek.com/regions/north_america/Weekly-North-American-railcar-traffic-down-on-declines-in-Canada_69149.html
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