IHS Chemical Week

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January 22, 2014
RPM has acquired Citadel Restoration and Repair (St. Paul, MN), a producer and marketer of premium concrete and wood deck floor coatings for the professional contractor and...
http://www.chemweek.com/regions/north_america/RPM-acquires-concrete-coatings-maker_58194.html
January 22, 2014
Codexis last month abandoned the development of biobased detergent alcohols, but LS9 is pushing ahead with its own program. The firm continues to develop plans for commercial-scale production in Brazil, and construction could begin this year, according to Gary Juncosa, executive v.p./chemicals at LS9....
http://www.chemweek.com/regions/north_america/LS9-moving-forward-on-Brazil-fatty-alcohols-project_58158.html
January 22, 2014
Praxair has completed upgrades to its air separation liquefaction capabilities at Fort Saskatchewan and Prentiss, AB. The company says it has also completed constructing a carbon...
http://www.chemweek.com/regions/north_america/Praxair-completes-Canada-expansions_58178.html
January 21, 2014
Pacific Ethanol, a leading renewable fuels producer in the Western United States, says it will implement yield-enhancing technology at its Magic Valley, ID, plant. The company chose...
http://www.chemweek.com/regions/north_america/Pacific-Ethanol-taps-ICM-for-yield-enhancing-technology_58154.html
January 21, 2014
Canada Lithium (Toronto) and Sirocco Mining announced a new proposed name for Canada Lithium—RB Energy—upon completion of the merger agreement the two firms announced last...
http://www.chemweek.com/regions/north_america/Canada-Lithium-shareholders-to-vote-on-name-change-after-Sirocco-Mining-merger_58168.html
January 21, 2014
Omnova Solutions reported net income of $7.9 million, a significant improvement from year-ago results of $700,000. Adjusted earnings were 12 cts/share, up from 6 ct/share in the...
http://www.chemweek.com/regions/north_america/us/Omnova-earnings-improve-on-stronger-product-mix_58167.html
January 21, 2014
Agrium announced fourth-quarter 2013 earnings projections today, saying operating earnings are expected to be at the bottom of a previously announced range of 80 cts–$1.25/share...
http://www.chemweek.com/regions/north_america/Agrium-lowers-fourth-quarter-2013-projections-on-weak-wholesale-sales_58152.html
January 21, 2014
Brazil incurred a trade deficit for chemcial products of about $32 billion during 2013, according to figures released by Abiquim (São Paulo), the country's chemical industry...
http://www.chemweek.com/regions/south_america/brazil/Brazils-chemical-trade-deficit-reached-a-record-$32-billion-in-2013_58151.html
January 21, 2014
In an open letter shareholders on 21 January, Jack Golsen, chairman of the board and CEO of LSB Industries, defended the company’s business strategy against the criticism of shareholder Engine Capital. The letter comes days after the resignation of four members of LSB’s board, a move meant to block Engine Capital from forcing major changes in the company’s strategy, according to a report by Forbes....
http://www.chemweek.com/regions/north_america/LSB-counters-move-by-activist-shareholder-to-force-change-in-strategy_58156.html
January 21, 2014
Bunge says that Pedro Parente, president and CEO of its Brazilian operating company, will retire effective 30 June. Parente, 60, has led Bunge’s Brazilian operations since...
http://www.chemweek.com/regions/south_america/brazil/Bunge-president-and-CEOBrazil-to-retire_58138.html
January 20, 2014
Production has started at  Petroquímica de Venezuela's (Pequiven; Valencia, Venezuela) new 1,800-m.t./day ammonia plant at the Morón petrochemical complex in...
http://www.chemweek.com/regions/south_america/venezuela/Pequiven-starts-up-ammonia-plant_58123.html
January 17, 2014
Plextronics, a producer of conductive polymers, has filed for bankruptcy and requested authorization from the US Bankruptcy Court to pursue a sale by auction, the company announced on 17 January. Solvay has agreed to place the stalking-horse bid, which sets a minimum price for the acquisition....
http://www.chemweek.com/regions/north_america/Solvay-makes-$32-6-million-bid-for-bankrupt-Plextronics_58110.html
January 17, 2014
W.R. Grace announced today that it has named Keith Cole v.p. of government relations and environment, health and safety (EHS). Cole will be responsible for Grace’s EHS and public...
http://www.chemweek.com/regions/north_america/Grace-names-v-p-of-government-relations-and-EHS_58099.html
January 17, 2014
The National Association of Manufacturers (NAM; Washington) announced today that the American Cleaning Institute (ACI; Washington) president and CEO Ernie Rosenberg has been elected...
http://www.chemweek.com/regions/north_america/NAM-names-ACI-head-to-Council-of-Manufacturing-Associations_58097.html
January 17, 2014
Researchers at the University of Wisconsin-Madison (UW-Madison; Madison, WI) have developed a process for creating a concentrated stream of sugars that has potential for biofuel...
http://www.chemweek.com/regions/north_america/US-researchers-develop-process-to-make-sugars-for-biofuel-production_58095.html
January 17, 2014
Braskem says it has raised $500 million via an overseas bond issuance. Proceeds will be used to buy back some existing bonds and pay down short-term debt, Braskem says. The company did...
http://www.chemweek.com/regions/south_america/brazil/Braskem-raises-$500-million-through-bond-issue_58094.html
January 17, 2014
Braskem (São Paulo) has sold its water-treat unit (WTU) located in the Triunfo petrochemical complex in the state of Rio Grande do Sul, Brazil to Odebrecht Ambiental, a...
http://www.chemweek.com/regions/south_america/brazil/Braskem-sells-water-treatment-unit-at-Triunfo-petchem-complex-to-Odebrecht_58090.html
January 17, 2014
Dow Chemical says it  has entered into a partnership with Koda Distribution (Stamford, CT) for the distribution of Dow’s isocyanates and polyols to the polyurethane (PU)...
http://www.chemweek.com/regions/north_america/Dow-partners-with-Koda-for-distribution-of-PU-intermediates_58039.html
January 17, 2014
FMC says it initiated litigation on 16 January against Summit Agro Ukraine (Kiev) and Summit North American Holdings Corp. (Wilmington, DE) in the United States District Court at...
http://www.chemweek.com/regions/north_america/FMC-files-patent-infringement-lawsuit-against-Summit-Agro_58047.html
January 17, 2014
Nova Chemicals marked the introduction of ethane from the Marcellus shale region to its Corunna, ON steam cracker with a ceremony held on 16 January. "This is a critical component to our Nova 2020 growth strategy of capitalizing on new feedstock sources to meet our current needs and expanding customer demands,” says CEO Randy Woelfel. Nova began feeding Marcellus ethane to the Corunna cracker in December....
http://www.chemweek.com/regions/north_america/Nova-marks-introduction-of-Marcellus-ethane-to-Corunna-cracker_58038.html
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