IHS Chemical Week

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March 15, 2016
Reichhold (Durham, NC) is increasing the price of all coconut alkyd resin products manufactured in the United States and Canada for the coatings industry by 6 cts/lb. Reichhold attributes the increase, which is effective for all orders shipped on or after 15 April, to a shortfall in the coconut harvest....
March 15, 2016
Dechra Pharmaceuticals (Northwich, UK) has announced a conditional acquisition of the entire share capital of Putney (Portland, ME), a leading developer generic pharmaceuticals for...
March 15, 2016
Rentech Nitrogen Partners on Monday announced the sale of its Pasadena, TX, manufacturing facility to Pasadena Commodities International, an affiliate of Interoceanic, the...
March 14, 2016
Waterborne exports of ethane feedstock from the United States are gathering momentum. Sunoco Logistics’ Marcus Hook, PA, terminal launched the first shipment last week—27,500 cubic meters of liquefied ethane from the northeastern United States—carried by the JS Ineos Intrepid and bound for Ineos's Rafnes, Norway, site. Enterprise Products will bring online its Morgan’s Point terminal in the Houston Ship Channel by the end of this year....
March 14, 2016
A. Schulman on Monday cut its fiscal 2016 adjusted earnings guidance to $2.40–2.45/share, from $2.80–2.85/share, because of continuing product quality issues, lower volumes...
March 14, 2016
DuPont has promoted Randy Stone to president of its performance materials segment, effective immediately. Stone was most recently the global business director of the same segment and...
March 14, 2016
Cabot announced Monday that Patrick Prevost has stepped down as president and CEO. The company appointed Sean Keohane, head of Cabot’s reinforced materials segment, to serve as...
March 11, 2016
Recent liquidity in the US para-xylene (p-xylene) spot market is expected to diminish later this month should the price of feedstock mixed xylenes rise on increasing octane demand for summer....
March 11, 2016
Kronos Worldwide (Dallas) reports a net loss of $20.4 million in the fourth quarter, down from net income of $19.9 million in the year-ago quarter. Lower average titanium dioxide (TiO2) pricing more than offset increased sales volume, says the company. Net sales totaled $287 million, down 23% year-over-year (YOY). The 18 cts/share loss missed the average analyst estimate of a 2 ct/share loss, as compiled by Thomson Reuters (New York)....
March 11, 2016
PolyOne says that it has appointed Michael Garratt as senior v.p. and chief commercial officer. Garratt replaces Michael Kahler, who has decided to retire. With more than 25 years of...
March 11, 2016
State-controlled energy company YPF (Buenos Aires) has announced that its chairman and CEO Miguel Galuccio will leave YPF following the company's next shareholders' meeting to be held...
March 10, 2016
Cowen and Company analyst Charles Neivert has raised his rating of Axiall stock to Outperform in the expectation that Westlake will raise its bid for the company to $25/share or more....
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