IHS Chemical Week

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April 6, 2016
During the week ended 2 April, chemical railcar traffic in North America increased 9.5% year-over-year (YOY) to 47,650 carloads, surging back after a 1.9% YOY decline the previous week. Chemical railcar traffic in North America has increased YOY for six of the last seven weeks, and eight of the 13 weeks since the start of 2016, according to data from the Association of American Railroads (AAR)....
April 6, 2016
Braskem Idesa, a 75-25 joint venture between Braskem and Grupo Idesa, started polyethylene (PE) production at its Coatzacoalcos, Mexico complex on 6 April. The jv started injecting...
April 6, 2016
RPM on Wednesday reported fiscal third-quarter net income of $18.6 million, or 14 cts/share, compared with a loss of $57.3 million in the year-ago quarter, on net sales up 4.5%...
April 6, 2016
US propylene inventories were up for a fourth consecutive week, according to data released by the Energy Information Administration (EIA) on 6 April. The inventory increases come amid...
April 6, 2016
The ACC says the number of announced US chemical capital projects tied to the shale gas revolution has reached 264. The ACC puts the potential investment at $164 billion, of which 40% is completed or underway, and 55% in the planning phase....
April 6, 2016
Omnova reported first quarter net loss of $1.1 million, or 3 cts/share, compared with a loss of $3.2 million in the year-ago quarter. Net sales were down 15.3% year-on-year (YOY), to...
April 6, 2016
Global sales of chemicals grew by 2.6% year-on-year (YOY) in 2014, to reach €3,232 billion ($3,678 billion), compared with €3,151 billion in 2013, Cefic says in its latest...
April 5, 2016
The US International Trade Commission (ITC) says that the existing antidumping and countervailing duty orders on imports of polyethylene retail carrier bags from six Asian countries will remain in place. The ITC says it determined that revoking the existing antidumping and countervailing duty orders on polyethylene retail carrier bags from China, Indonesia, Malaysia, Taiwan, Thailand, and Vietnam would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time....
April 5, 2016
Kuraray’s 40,000-m.t./year polyvinyl alcohol (PVOH) plant at Pasadena, TX, began production in January, making Kuraray the largest producer of PVOH in the world, the company says. Kuraray will hold a grand opening ceremony on 21 April....
April 5, 2016
Rajeev Guatum Honeywell announced that Darius Adamczyk has been appointed to the newly created role of president and COO, effective immediately. In the new role, Adamczyk will manage...
April 5, 2016
CutisPharma (Wilmington, MA), a specialty pharmaceutical company, says that it has entered into active pharmaceutical ingredient (API) supply and joint development agreements with Dr...
April 4, 2016
KMG (Fort Worth, TX) says it has acquired Nagase FineChem (NFC; Singapore), a manufacturer of wet process chemicals for the electronics and semiconductor markets. KMG, a producer and distributor of specialty chemicals, has not disclosed the value of the deal....
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