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May 13, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained at 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Credit up 3.4% SAAR; up 3.5% Y/Y...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-10-May-2013_51952.html
May 12, 2013
The central theme of the latest BASF research conference, held recently in Ludwigshafen, was “Chemistry powers energy: Renewable generation, safe storage, and efficient transport...
http://www.chemweek.com/regions/north_america/us/BASF-R-and-D-conference-Chemistry-powers-energy_51933.html
May 11, 2013
BASF, Evonik Industries, Mitsubishi Chemical and Mitsui Chemicals have signed a letter of intent (LOI) with CPC Corp. (Taipei) to develop production of high-value specialty...
http://www.chemweek.com/regions/north_america/BASF-Evonik-Mitsubishi-and-Mitsui-ink-LOI-with-CPC-Corp-for-high-value-petchems-jv_51932.html
May 11, 2013
Taiwan’s conglomerate Far Eastern Group (Taipei) is looking to invest in petrochemicals in the United States to benefit from cheap shale feedstock, CW has learned. Company...
http://www.chemweek.com/regions/north_america/Taiwans-Far-Eastern-Group-eyes-petrochemical-investments-in-the-United-States_51931.html
May 10, 2013
Ferro has announced that it will reschedule its annual meeting to 22 May. The meeting was previously scheduled to occur on 15 May. Earlier this week, Ferro reached an agreement with a...
http://www.chemweek.com/regions/north_america/Ferro-reschedules-annual-meeting_51929.html
May 10, 2013
Oil field chemicals maker Flotek Industries says it has signed a definitive agreement to acquire Winter Haven, FL–based Florida Chemical Company, Inc. (Florida Chemical), the...
http://www.chemweek.com/regions/north_america/Flotek-acquires-citrus-oils-firm-for-$102-million_51918.html
May 10, 2013
Republican Senators on the US Senate Committee on Environment and Public Works (EPW) boycotted a vote to advance President Obama's nomination of Gina McCarthy as EPA chief, saying in a...
http://www.chemweek.com/regions/north_america/Republicans-boycott-committee-vote-on-EPA-chief-nominee_51916.html
May 10, 2013
Biobased succinic acid producer BioAmber (Minneapolis) says company shares began trading on the New York Stock Exchange (NYSE) today at $10/unit—the low end of a pricing range...
http://www.chemweek.com/regions/north_america/BioAmber-prices-IPO_51915.html
May 10, 2013
Rentech Nitrogen (Los Angeles) reports strength in sales, though weaker earnings, due to higher urea ammonium nitrate (UAN) volumes, though ammonia volumes were lower. Net income for...
http://www.chemweek.com/regions/north_america/Rentech-Nitrogen-reports-sales-increase-on-higher-UAN-volumes_51914.html
May 10, 2013
Butamax Advanced Biofuels, an isobutanol joint venture owned by DuPont and BP, says the US District Court for the District of Delaware has issued an order dismissing claims by...
http://www.chemweek.com/regions/north_america/Patent-infringement-claim-dismissed-in-long-running-isobutanol-feud_51913.html
May 10, 2013
Agrium reports a drop in sales and net income for their first quarter due to colder weather lasting longer into the normal start of the spring season. However, the company still...
http://www.chemweek.com/regions/north_america/Agrium-reports-drop-in-income-due-to-longer-winter-season_51912.html
May 10, 2013
Evonik has started basic engineering for a production plant for precipitated silica in Brazil and expects to complete the plant by 2015, subject to approval from respective bodies and...
http://www.chemweek.com/regions/south_america/brazil/Evonik-starts-basic-engineering-for-silica-site-in-Brazil-continues-to-expand-global-silica-capacity_51908.html
May 10, 2013
Biopolymer and biobased chemicals firm Metabolix reported a first-quarter net loss of $6.8 million (20 cts/share), compared to net income of $28.8 million (84 cts/share) in the...
http://www.chemweek.com/regions/north_america/Metabolix-reports-net-loss-supply-situation-remains-uncertain_51871.html
May 10, 2013
BASF plans to produce biobased 1,4-butanediol (BDO) using Genomatica's (San Diego) patented process, the companies announced today. The one-step fermentation process produces a...
http://www.chemweek.com/regions/north_america/BASF-and-Genomatica-team-up-to-produce-biosourced-BDO_51903.html
May 9, 2013
Enzyme producer Verenium reported a net loss from operations of $3.8  million for its fiscal first quarter ended 31 March, compared with $32.1  million in the year-ago...
http://www.chemweek.com/regions/north_america/Verenium-reports-first-quarter-loss_51899.html
May 9, 2013
Yulex Corporation (Phoenix) announced today that it will provide the University of Arizona a $3 million, five-year grant for breeding and agronomic development of guayule for the...
http://www.chemweek.com/regions/north_america/Yulex-gives-University-grant-to-boost-guayule-rubber-yields_51897.html
May 9, 2013
Braskem's first quarter earnings totaled R$227 million ($113 million), up 49% year-over-year (YOY) from R$152 million, but down 18% sequentially from R$275 million in the fourth quarter of 2012....
http://www.chemweek.com/regions/south_america/brazil/Braskem-first-quarter-net-income-up-49-percent_51886.html
May 9, 2013
Chemicals sector rail traffic in North America rose 1.7% year-on-year (YOY) during the week ended 4 May, to 44,540 cars, according to the Association of American Railroads (AAR...
http://www.chemweek.com/regions/north_america/Chemicals-sector-rail-traffic-rises-1-7-percent_51896.html
May 9, 2013
Ferro has reached an agreement with FrontFour Capital and Quinpario Partners over nominees to Ferro’s board by support for election two out of three of the shareholder...
http://www.chemweek.com/regions/north_america/Ferro-shareholder-group-reach-agreement-on-board-nominees_51872.html
May 9, 2013
Bioflex Agroindustrial (São Miguel dos Campos, Brazil) has secured 300.3 million reais ($149.5 million) in financing from the Brazilian Development Bank (Rio de Janeiro) for...
http://www.chemweek.com/regions/south_america/brazil/Brazilian-firm-secures-financing-toward-construction-of-commercial-scale-second-generation-bioethanol-plant_51879.html
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