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March 20, 2015

During the week ended 14 March, chemical railcar traffic in North America changed little year-over-year (YOY) as gains in Canada offset declines in the United States and Mexico. For all of North America, chemical railcar traffic during the week totaled 43,582 carloads, down 0.06% from the previous week, and up 0.2% YOY, according to data released on 11 March by the Association of American Railroads (AAR). For the year to date, chemical railcar traffic in North America is up 3.4%, versus a 2.6% increase in all railcar traffic, according to the AAR.

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http://www.chemweek.com/regions/north_america/North-American-weekly-chemical-railcar-traffic-flat-YOY_68783.html
March 20, 2015
Although most styrene producers in North America are running normally now that Styrolution has brought up its Texas City facility this week, IHS Chemical analysts suggested that...
http://www.chemweek.com/regions/north_america/US-styrene-producers-may-lower-rates-amid-ethylene-issues_68784.html
March 20, 2015
Argex Titanium (Montreal), a company entering the titanium dioxide (TiO2) market, says it has signed a letter of intent with PVS Chemicals, a producer, distributor, and marketer...
http://www.chemweek.com/regions/north_america/Argex-signs-LOI-for-distribution-of-by-products-from-new-titanium-dioxide-plant_68776.html
March 19, 2015
Antioxidants maker Addivant, which is owned by private equity firm SK Capital (New York), today named John Steitz CEO. Steitz was most recently COO at PQ Corporation, and has also...
http://www.chemweek.com/regions/north_america/SK-Capitals-Addivant-names-John-Steitz-CEO_68638.html
March 19, 2015
OCI Partners (Nederland, TX) says lower methanol prices, higher natural gas prices, and a lower methanol production rate pulled down fourth-quarter results versus the year-ago period. Net income for the fourth quarter totaled $31 million, down 37% year-over-year (YOY) from $49 million. Revenues fell 12% YOY, to $99 million....
http://www.chemweek.com/regions/north_america/OCI-Partners-income-down-on-lower-methanol-prices-utilization_68721.html
March 19, 2015
Kronos Worldwide (Dallas) reports net income for the fourth quarter of $19.9 million, up almost seven-fold year-over-year (YOY) from $2.9 million. Net sales increased 1% YOY, to $373.5 million. Earnings per share of 17 cents beat analysts’ consensus estimate of 12 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/Kronoss-fourth-quarter-income-up-beats-estimates_68723.html
March 19, 2015
Styrolution's Texas City styrene facility is back up and running, the company confirmed today. The start-up was in line with the company's expected March timeframe. The initial...
http://www.chemweek.com/regions/north_america/Styrolution-brings-Texas-City-styrene-plant-back-up_68720.html
March 19, 2015
PPG today completed a $40 million, 65,000-square-foot expansion of a coatings manufacturing plant at Sumare, Sao Paulo, Brazil. The plant makes resins for electrocoat products for...
http://www.chemweek.com/regions/south_america/brazil/PPG-completes-expansion-in-Brazil_68707.html
March 19, 2015
Propylene inventories firmed slightly in the United States during the week ended 13 March, according to data released by the US Energy Information Administrations. The increase comes...
http://www.chemweek.com/regions/north_america/Propylene-stocks-slightly-higher-in-US_68682.html
March 19, 2015
The provincial government of Saskatchewan is implementing interim changes to potash taxation. The province is changing the way in which potash companies can claim capital expenditures...
http://www.chemweek.com/regions/north_america/Saskatchewan-introduces-changes-to-potash-taxation-PotashCorp-disappointed_68701.html
March 19, 2015
BASF says that it has selected Freeport, TX, as the potential site of a 475,000-m.t./year, methane-to-propylene (MTP) complex that the company plans to build on the US Gulf Coast. The company has licensed Air Liquide’s proprietary Lurgi MegaMethanol and MTP technologies and contracted with Air Liquide to provide basic engineering services for the complex...
http://www.chemweek.com/regions/north_america/us/BASF-chooses-Freeport-TX-for-methane-to-propylene-complex-licenses-Air-Liquide-technology_68704.html
March 19, 2015
DuPont says it has increased production of Zytel HTN polyphthalamide (PPA), a high-performance polyamide, manufactured at its Richmond, VA facility by 10% to meet growing demand in...
http://www.chemweek.com/regions/north_america/us/DuPont-boosts-high-performance-polyamide-capacity-at-Richmond-by-10-percent_68705.html
March 19, 2015
Clariant says that it has acquired a chemical storage and packaging facility at Broussard, LA. The transaction includes key personnel, laboratory, production, and storage facilities...
http://www.chemweek.com/regions/north_america/us/Clariant-Oil-Services-acquires-chemical-storage-and-packaging-facility-in-Louisiana_68702.html
March 19, 2015
BASF and ExxonMobil Research and Engineering Co. (EMRE) have entered into an agreement on EMRE’s Flexsorb gas treatment technology, which provides BASF with the right to...
http://www.chemweek.com/regions/north_america/us/BASF-to-grant-sublicenses-of-ExxonMobil-gas-treatment-technology_68699.html
March 18, 2015
The three directors that PotashCorp nominated to the board of Sociedad Química y Minera de Chile (SQM; Santiago) have resigned from SQM's board. The announcement follows the...
http://www.chemweek.com/regions/south_america/argentina/PotashCorp-representatives-resign-from-SQM-board_68667.html
March 18, 2015
Pharmaceutical company Actavis (Dublin) says that it has completed the previously announced acquisition of health-care company Allergan (Irvine, CA) in a cash and equity transaction...
http://www.chemweek.com/regions/north_america/us/Actavis-completes-$70-5-billion-acquisition-of-Allergan_68656.html
March 18, 2015
Platform Specialty Products today reported a fourth-quarter net loss of $266.7 million, compared with a loss of $200.1 million in the year-ago quarter. Net sales grew 47.7%...
http://www.chemweek.com/regions/north_america/Platform-Specialty-Products-reports-loss-on-charges_68665.html
March 18, 2015
Production at Styrolution's Texas City styrene facility is still expected to restart by the end of this month, market participants say. The 500,000-m.t./year facility had been expected...
http://www.chemweek.com/regions/north_america/Styrolutions-Texas-City-styrene-facility-still-expected-to-restart-this-month_68648.html
March 17, 2015
US ethylene prices established another record-high spread between Choctaw (Louisiana) and Texas-based Mont Belvieu-Williams (MtB-W) on this week, as tight supply availability in...
http://www.chemweek.com/regions/north_america/Choctaw-ethylene-trading-hits-record-premium-to-Mont-Belvieu-for-second-week_68646.html
March 17, 2015
Ceres (Thousand Oaks, CA) and Raízen (São Paulo) have signed a multiyear collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet...
http://www.chemweek.com/regions/south_america/brazil/Raizen-Ceres-agree-to-scale-up-ethanol-production-from-sweet-sorghum_68632.html
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