IHS Chemical Week

Archives :: World News and Views :: Americas

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February 3, 2014
KMG Chemicals announced today that it has named Marcelino Rodriguez as corporate controller and chief accounting officer, effective 24 February. Rodriguez will oversee corporate...
http://www.chemweek.com/regions/north_america/KMG-names-chief-accounting-officer_58510.html
February 3, 2014
Koda Distribution Group (KDG) announced today that it has acquired The DeWolf Companies (Warwick, RI), which consist of DeWolf Chemical, Glenn Corp. and Tempo Canada ULC. DeWolf...
http://www.chemweek.com/regions/north_america/Koda-Distribution-Group-acquires-personal-care-distributor-creates-care-business-line_58526.html
February 3, 2014
PPG Industries has reached a definitive agreement to acquire Hi-Temp Coatings Technology (Boxborough, MA), a privately held maker of high-temperature-resistant and insulative coatings...
http://www.chemweek.com/regions/north_america/PPG-to-acquire-heat-resistant-industrial-coatings-maker_58508.html
February 3, 2014
Linde North America announced today that it has completed construction of a specialty gases plant at Hammond, IN. The plant complements the current industrial and medical gas filling...
http://www.chemweek.com/regions/north_america/Linde-completes-construction-of-gases-plant-in-the-US_58502.html
February 3, 2014
Honeywell announced today that the Intergovernmental Panel on Climate Change (IPCC; Geneva, Switzerland), a scientific body established by the United Nations, confirmed that...
http://www.chemweek.com/regions/north_america/UN-climate-panel-confirms-low-global-warming-potential-of-HFO-1234yf_58511.html
February 3, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Consumer Confidence up 3.2 points to five-month high...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-31-Jan-2014_58512.html
January 31, 2014
Managing TSCA reform as it makes its way through Congress and ensuring that fuel subsidies do not adversely impact oleochemical prices are key priorities for the cleaning chemicals...
http://www.chemweek.com/regions/north_america/ACI-2014-TSCA-reform-fuel-subsidies-key-priorities-for-soapers_58404.html
January 31, 2014
“Cautious optimism” was the phrase buzzing through the halls of the Grande Lakes Orlando this week at ACI's annual meeting and conference. Soapers and home care chemical...
http://www.chemweek.com/regions/north_america/ACI-2014-Stability-slow-growth-ahead-for-soaps_58453.html
January 31, 2014
Burdensome and counterproductive regulation and industry’s sustainability efforts emerged as common themes at the Global Industry Update panel at the American...
http://www.chemweek.com/regions/north_america/ACI-2014-Regulations-sustainability-efforts-top-global-panel-concerns_58430.html
January 31, 2014
Senator David Vitter (R., LA) told attendees Friday at ACI’s 2014 Annual Meeting, currently being held in Orlando, FL, that he is hopeful that chemical management reform will clear Congress this year....
http://www.chemweek.com/regions/north_america/us/ACI-2014-Senator-Vitter-optimistic-about-prospects-for-CSIA-passage-this-year_58467.html
January 31, 2014
Strong performance in the Americas and a tax benefit lifted LyondellBasell Industries’ fourth-quarter net income to $1.175 billion, up 89% year-on-year from $623 million, says the company, and 38% from the third quarter’s $851 million. Earnings of $2.11/share handily surpassed the consensus estimate of $1.40 reported by Thomson Reuters....
http://www.chemweek.com/regions/north_america/LyondellBasell-finishes-record-year-with-strong-quarter_58466.html
January 31, 2014
Air Liquide announced its plans to relocate its American corporate headquarters at Houston. The company says it will move from the Houston Galleria area to the Air Liquide Center, at...
http://www.chemweek.com/regions/north_america/American-Air-Liquide-relocates-headquarters-at-Houston_58464.html
January 30, 2014
Minerals Technologies today reported earnings up 3.1% year-on-year (YOY), to $22.6 million, or 65 cts/share on sales up 1%, to $256.6 million. Adjusted earnings, which excluded an...
http://www.chemweek.com/regions/north_america/Minerals-Technologies-earnings-beat-estimates_58452.html
January 30, 2014
Cytec today reported adjusted earnings from continuing operations down 3.5% year-on-year (YOY), to $41.9 million, on sales up 1.9%, to $480 million. Actual earnings totaled $59.4...
http://www.chemweek.com/regions/north_america/Cytec-earnings-decline-but-beat-estimates_58450.html
January 30, 2014
Sherwin-Williams (SW) today reported fourth-quarter net earnings of $116.1 million, or $1.14/share, up 70.5% year-on-year (YOY), on sales up 10.8%, to $2.46 billion. The increases were...
http://www.chemweek.com/regions/north_america/Sherwin-Williams-earnings-rise-on-higher-architectural-paint-volumes_58448.html
January 30, 2014

LSB Industries (Oklahoma City) must make additional repairs to the anhydrous ammonia plant at its Pryor, OK, facility, the company says. LSB will also perform maintenance while the plant is down. LSB has not indicated when the repairs will be completed.

...

http://www.chemweek.com/regions/north_america/LSB-to-make-additional-repairs-to-Pryor-ammonia-plant_58435.html
January 30, 2014
Agrochemical firm Nufarm (Melbourne) and Sumitomo Chemical say that their respective Nufarm Americas (Alsip, IL) and Valent USA (Walnut Creek, CA) wholly owned subsidiaries have...
http://www.chemweek.com/regions/north_america/us/Nufarm-to-distribute-Sumitomo-Chemical-subsidiarys-products-in-US_58405.html
January 30, 2014
Methanex (Vancouver) reports net income for the fourth quarter of $128 million, up from a loss of $140 million. Earnings per share of $1.72 easily beating the analysts’ consensus estimate of $1.57. Sales increased 32% year-on-year (YOY), to $881 million, on increased volumes and higher selling prices. Adjusted net income for the quarter totaled $167 million, up 42% over the third quarter and 174% YOY. Sales volumes increased 6.5% over the third quarter and 12% YOY, to 2.13 million m.t.
...

http://www.chemweek.com/regions/north_america/Methanex-swings-to-profit-on-high-volumes-increased-prices_58424.html
January 30, 2014
Cabot reports net income for the fiscal first quarter of $80 million, up 300% year-on-year (YOY) on double-digit volume growth in reinforcement materials and performance materials. Adjusted earnings increased 30% YOY, to $0.86/share, well above the analysts’ consensus estimate of $0.71/share compiled by Thomson Reuters. Net sales increased 8.5% YOY, to $899 million....
http://www.chemweek.com/regions/north_america/Cabot-easily-beats-earnings-estimates-on-volume-growth_58427.html
January 30, 2014
ExxonMobil reports fourth-quarter earnings of $910 million for the chemical segment, down $48 million year-on-year on weaker margins, mainly in specialties....
http://www.chemweek.com/regions/north_america/ExxonMobil-chemical-earnings-decline-5-percent-YOY-on-weaker-specialty-marginns_58428.html
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