IHS Chemical Week

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April 21, 2014
Albany Molecular Research Inc. (AMRI; Albany, NY) says that it will transition discovery and development services (DDS) activities at its Syracuse, NY, site to other sites within AMRI...
http://www.chemweek.com/regions/north_america/us/AMRI-to-shut-Syracuse-site_60351.html
April 17, 2014

Five members of the Silicones Environmental, Health, and Safety Center (SEHSC) of the American Chemistry Council (ACC) and the US EPA have agreed on the environmental monitoring of the siloxane D4, an intermediate in the production of silicone polymers, says ACC. The program will support EPA’s assessment of the environmental risk associated with D4, also known as octamethylcyclotetrasiloxane.

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http://www.chemweek.com/regions/north_america/Producers-EPA-agree-on-environmental-monitoring-for-siloxane-D4_60390.html
April 17, 2014
Sherwin-Williams (SW) has reported first-quarter net income down 0.6% year-on-year (YOY), to $115.5 million, on sales up 9.2%, to $2.37 billion. Earnings totaled $1.14/share, including...
http://www.chemweek.com/regions/north_america/Sherwin-Williams-beats-estimates-on-sales-increase_60367.html
April 17, 2014
PPG today reported net income from continuing operations up 45% year-on-year (YOY), to $277 million, on sales from continuing operations up 17%, to $3.6 billion. Adjusted earnings...
http://www.chemweek.com/regions/north_america/PPG-earnings-beat-estimates-on-higher-volumes_60366.html
April 16, 2014
SI Group (Schenectady, NY) has agreed to acquire the antioxidant, ibuprofen and propofol businesses of Albemarle for an undisclosed amount of cash. The deal includes manufacturing...
http://www.chemweek.com/regions/north_america/SI-Group-to-acquire-Albemarles-antioxidants-and-ibuprofen-business_60349.html
April 16, 2014
Albemarle today reported net income down 32.6% year-on-year (YOY), to $56.6 million, or 71 cts/share, on net sales up 2.3%, to $656.7 million. Net income fell primarily due to charges...
http://www.chemweek.com/regions/north_america/Albemarle-earnings-fall-but-beat-estimates_60350.html
April 16, 2014
Lubrizol says it has formed an energy and water business unit to focus on its offerings oilfield, refinery process and industrial water treatment chemicals. The unit is a part of the...
http://www.chemweek.com/regions/north_america/Lubrizol-forms-energy-and-water-unit_60347.html
April 16, 2014
A. Schulman has announced that it is aiming to grow sales by 10-11%/year through 2018, to $3.6-$3.7 billion. The company is also aiming to grow adjusted earnings by an average of...
http://www.chemweek.com/regions/north_america/Schulman-sets-double-digit-sales-and-earnings-growth-targets_60348.html
April 16, 2014
Dissident hedge fund FrontFour Capital (Greenwich, CT) today released a new letter to Sensient shareholders accusing the company of governance shortfalls and of a failure to disclose...
http://www.chemweek.com/regions/north_america/Sensient-FrontFour-trade-volleys-in-advance-of-shareholder-meeting_60333.html
April 16, 2014
The US Government Accountability Office (GAO) has released a study finding that a lack of consistent government-wide data on the number and type of National Environmental Policy Act...
http://www.chemweek.com/regions/north_america/GAO-report-highlights-lack-of-data-on-US-environmental-reviews_60327.html
April 16, 2014
Indian Farmers Fertiliser Cooperative (Iffco) Canada (Montreal), the Canada arm of an Indian fertilizer distributor, announced today that the government of Quebec has authorized the...
http://www.chemweek.com/regions/north_america/Indian-Farmers-Fertiliser-Co-advances-$1-6-billion-Quebec-urea-complex_60326.html
April 16, 2014
LyondellBasell has increased its first-quarter interim dividend by 17% and announced plans to continue repurchasing shares....
http://www.chemweek.com/regions/north_america/LyondellBasell-increases-interim-dividend-plans-additional-buybacks_60325.html
April 16, 2014
Amyris (Emeryville, CA) has resumed production at its industrial fermentation plant at Brotas, Brazil, following a planned maintenance and upgrade period, the company announced today...
http://www.chemweek.com/regions/south_america/brazil/Amyris-resumes-farnesene-production-in-Brazil-prepares-to-make-patchouli_60324.html
April 15, 2014
Mosaic agreed to acquire Archer Daniels Midland's (ADM) fertilizer distribution business in Brazil and Paraguay for $350 million. The price assumes the delivery of $150 million in...
http://www.chemweek.com/regions/south_america/brazil/Mosaic-acquires-ADMs-fertilizer-distribution-businesses-in-Brazil-and-Paraguay_60315.html
April 15, 2014
Shintech, the US subsidiary of Shin-Etsu Chemical (Tokyo), has applied to the Louisiana Department of Environment Quality for a permit to build a 500,000-m.t./year ethylene plant. The company says it has not chosen a site, but a leading candidate will be land already owned by Shintech....
http://www.chemweek.com/regions/north_america/Shintech-seeks-permit-for-Louisiana-ethylene-plant_60314.html
April 15, 2014
IC Potash (ICP; Toronto) announced today that the Bureau of Land Management (BLM) has authorized ICP to construct and operated a sulphate of potash project, called Ochoa, at Lea...
http://www.chemweek.com/regions/north_america/IC-Potash-receives-BLM-approval-of-New-Mexico-potash-project_60302.html
April 15, 2014
The Chlorine Institute and ACC have asked the US District Court for the District of Minnesota to prevent Canadian Pacific Railway from imposing a restrictive new requirement on shippers of chlorine and other toxic inhalation hazard materials. The Fertilizer Institute has joined the complaint....
http://www.chemweek.com/regions/north_america/ACC-CI-sue-to-stop-railroad-from-imposing-new-shipping-restrictions_60304.html
April 15, 2014
Sensient Technologies has reported a first-quarter net loss of $2.08 million, or 4 cts/share, compared with a profit of $21.4 million, or 43 cts/share, in the year-ago quarter, due...
http://www.chemweek.com/regions/north_america/Sensient-swings-to-loss-on-restructuring-charges-raises-guidance_60303.html
April 15, 2014
Jourdan (Mississauga, ON), Autris (Los Angeles), and Process Research Ortech (PRO; Mississauga) have signed a term-sheet agreement covering the formation of a joint venture to...
http://www.chemweek.com/regions/north_america/Canadian-US-firms-establish-JV-to-develop-on-demand-ammonia-technology_60299.html
April 15, 2014
K+S Potash Canada (Saskatoon, SK), a subsidiary of K+S Group (Kassel, Germany); and Pacific Coast Terminals (PCT; Port Moody, BC) have signed an exclusive, long-term contract for the...
http://www.chemweek.com/regions/north_america/K+S-signs-long-term-handling-storage-agreement-for-potash-project-in-Canada_60297.html
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