IHS Chemical Week

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February 11, 2014
Antioxidants and polymer additives maker Addivant (Middlebury, CT) announced today that it is increasing capacity of phosphate antioxidants at its Pyongtaek, South Korea, facility...
http://www.chemweek.com/regions/north_america/Addivant-expands-antioxidants-capacity-in-South-Korea_58741.html
February 11, 2014
Mosaic today reported weak results in the fourth quarter since market conditions for potash and phosphates suffered. Net earnings of $129 million dropped 80% year-on-year (YOY)...
http://www.chemweek.com/regions/north_america/Mosaic-earnings-slump-on-weak-potash-phosphates-market_58740.html
February 11, 2014
Novozymes and Monsanto say they have closed their previously announced, long-term strategic alliance aimed at jointly developing agricultural biologicals for global broadacre crops...
http://www.chemweek.com/regions/north_america/Monsanto-and-Novozymes-launch-ag-biologicals-alliance_58738.html
February 11, 2014
Nexeo Solutions, a chemical distributor, announced today that it has signed an agreement to acquire Archway Sales (St. Louis), a specialty chemical distributor. The acquisition will...
http://www.chemweek.com/regions/north_america/Nexeo-Solutions-acquires-specialty-distributor-Archway_58736.html
February 11, 2014
Cambrex (East Rutherford, NJ) reports a 79.6% fall in net profits for the fourth quarter of 2013, ended 31 December, compared with the year-ago quarter, to $8.89 million. The results...
http://www.chemweek.com/regions/north_america/us/Cambrex-reports-fall-in-profits_58732.html
February 11, 2014
West Virginia American Water, the largest water utility in West Virginia, president Jeff McIntyre provided testimony before the US House of Representatives’ House Transportation...
http://www.chemweek.com/regions/north_america/CSB-releases-initial-inspection-results-on-WV-spill-water-company-testifies-before-Congress_58700.html
February 10, 2014
CHS (St. Paul, MN), a farmer-owned cooperative, grains and food company, announced today that it has acquired the fertilizer business and related assets of Terral RiverService (Lake...
http://www.chemweek.com/regions/north_america/Crop-nutrient-co-op-CHS-acquires-distributor_58698.html
February 10, 2014
A heavy winter in fourth quarter of 2013 pushed sales and earnings upwards for Compass Minerals fueled by strength in the salt segment, according to results released today. Net income...
http://www.chemweek.com/regions/north_america/Compass-Minerals-results-surge-on-heavy-winter-weather-salt-sales_58716.html
February 10, 2014
FMC has named Michael Seyfert, a former aide to US Senator Pat Roberts, director/government affairs for the company’s agricultural solutions segment. Seyfert will be responsible...
http://www.chemweek.com/regions/north_america/FMC-names-former-Senate-aide-head-of-government-affairs-for-ag_58719.html
February 10, 2014
Sensient Technologies today reported net earnings down 4.1% year-on-year (YOY), to $31.5 million, or 63 cts/share on sales up 0.7%, to $372 million. Earnings were hit by charges...
http://www.chemweek.com/regions/north_america/Sensient-earnings-beat-estimates-on-strong-colors-results_58703.html
February 10, 2014
Artek Surfin (Mumbai), an Indian specialty chemicals maker, has bought out private equity firm Aterian Investment Partners’ (New York) 50% stake in Galata Chemicals, the former...
http://www.chemweek.com/regions/north_america/Indian-owner-buys-out-Galata-Chemicals_58715.html
February 10, 2014
Fluor announced today a realignment of senior executives to improve its speed to market and client offerings for its commercial businesses. Peter Oosterveer, 56, was named COO...
http://www.chemweek.com/regions/north_america/Fluor-streamlines-organization-appoints-COO_58697.html
February 7, 2014
Phillips 66 has received board approval for the Sweeny Fractionator One project, which will produce purity natural gas liquids (NGL), and the Freeport Liquefied Petroleum Gas (LPG) Export Terminal, the company announced on 7 February. The combined investment will total more than $3 billion, says Phillips 66....
http://www.chemweek.com/regions/north_america/Phillips-66-to-proceed-with-$3-billion-in-NGL-projects_58687.html
February 7, 2014
Celanese (Dallas) says its board of directors has increased the company’s share repurchase authorization to $400 million. At the end of 2013, Celanese had $228 million remaining from previous authorizations....
http://www.chemweek.com/regions/north_america/Celanese-board-authorizes-$400-million-in-share-repurchases_58673.html
February 7, 2014
Uralkali (Berezniki, Russia), a leading global producer of potash, said today that it has acquired a 25% stake in Equiplan Participacoes, which is the main shareholder in Terminais...
http://www.chemweek.com/regions/south_america/brazil/Uralkali-buys-stake-in-port-terminal-in-Brazil-eyeing-expansion-of-Latin-American-market_58674.html
February 7, 2014
The Chemical Facility Anti-Terrorism Standards (CFATS) Authorization and Accountability Act of 2014 was introduced to Congress today by US Representative Michael McCaul (R-TX)...
http://www.chemweek.com/regions/north_america/CFATS-improvement-bill-introduced-to-House-Socma-supports-efforts_58622.html
February 7, 2014
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich, reports a 9% increase in sales in the fourth quarter of 2013 compared with the year-ago quarter...
http://www.chemweek.com/regions/north_america/us/SAFC-reports-rise-in-sales_58654.html
February 6, 2014
MeadWestvaco (MWV) announced today that it has reached an agreement with BofA Merrill Lynch and Goldman Sachs to buy back about $300 million worth of common stock, or about 7.5 million...
http://www.chemweek.com/regions/north_america/MeadWestvaco-agrees-to-accelerated-share-buyback_58652.html
February 6, 2014
Agrium today announced that is naming several leadership positions. Richard Gearheard, senior v.p. and president of retail, will be retiring effective 31 March. Gearheard has been with...
http://www.chemweek.com/regions/north_america/Agrium-announces-senior-leadership-changes_58605.html
February 6, 2014
PetroLogistics (Houston) reports net income of $21.5 million for the fourth quarter, down 17% year-over-year (YOY) from $25.9 million. Sales totaled $191 million, up 15% YOY....
http://www.chemweek.com/regions/north_america/PetroLogistics-sales-up-earnings-down-on-propane-costs-turnaround_58600.html
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