IHS Chemical Week

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February 29, 2016
Platform Specialty Products today reported fourth-quarter net sales up 168% year-on-year (YOY), to $735 million, with a preliminary quarterly loss totaling $114 million, compared with...
February 29, 2016
The US propylene market has shown little-to-no reaction to the news that Flint Hills Resources (FHR) is restarting equipment at its Houston facility, home to a 658,000 m.t./year propane dehydrogenation (PDH) unit. FHR shut the PDH unit down for planned maintenance one week earlier....
February 29, 2016
BASF at its Friday annual results briefing in Ludwigshafen said that it has no plans to sell or joint venture its pigments business. The company said last July that it will form a...
February 29, 2016
PPG says it is selling it 40% stake in Pittsburgh Glass Works (PGW), exiting the automotive glass industry. Full ownership of PGW will be acquired by LKQ Corporation in a deal that is...
February 29, 2016
The twelfth round of negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States took place in Brussels last week. The...
February 29, 2016
Yara International (Oslo) says it has signed a distribution agreement with Cisa Agro (Managua) in order to work towards gaining a significant market share in Nicaragua by 2020...
February 29, 2016
PotashCorp has announced that in order to match supply with market demand, it will temporarily cut production at its two major potash mines, Allan, SK and Lanigan, SK. Both mines will...
February 27, 2016
Axiall Corp. has signed an agreement to sell certain assets of its compound additives business, known as Solucor, as well as its Canadian manufacturing facility at Bradford, ON, to...
February 26, 2016
The US March benzene contract is expected to drop for a third consecutive month on the back of weak fundamentals. Ample supply, soft demand and a weak energy market over the past four months have pressured benzene prices lower. Crude oil futures increased steadily this past week, and gasoline futures were more volatile, but the spot benzene market continued to weaken....
February 26, 2016
BASF said Friday that it is looking again at its methanol-to-propylene (MTP) investment planned at Freeport, TX, citing concerns that low oil prices could hurt the project’s...
February 26, 2016
Dow has agreed to pay $835 million to settle a class action lawsuit alleging that Dow and several other companies colluded to fix the price of polyurethane precursors during 2000-03. Dow, which lost the case in 2013, had appealed the $1.06 billion judgment to the US Supreme Court. The company stands by the basis for its appeal, but says the death of Justice Antonin Scalia has increased the risk of an unfavorable decision....
February 26, 2016
Dow Chemical says it has entered into a global innovation and business development agreement with Nordmeccanica (Piacenza, Italy), a leader in coating, laminating, and metallizing...
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