IHS Chemical Week

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April 1, 2015
Weaker corn seed sales and softening foreign currencies pushed Monsanto’s second-quarter earnings below analysts’ estimates. The company also sayscurrency headwinds are...
http://www.chemweek.com/regions/north_america/Monsanto-misses-estimates-on-corn-and-currency-headwinds_69093.html
April 1, 2015
PPG today completed the acquisition of Revocoat (St. Just en Chaussee, France), a maker of adhesives, sealants and dampening products for the automotive sector, for an undisclosed sum...
http://www.chemweek.com/regions/north_america/PPG-completes-automotive-materials-acquisition_69092.html
April 1, 2015
The American Fuel & Petrochemical Manufacturers (AFPM) has named Chet Thompson to be the association’s next president, effective May 4. Thompson will succeed Charles Drevna, who is retiring after eight years as AFPM’s president....
http://www.chemweek.com/regions/north_america/us/Former-EPA-counsel-Thompson-to-succeed-Drevna-as-AFPM-president_69089.html
April 1, 2015
Clariant says that it has appointed John Gordon as the global head of the company’s mining solutions business, effective 1 April. Gordon brings more than 15 years of industry...
http://www.chemweek.com/regions/north_america/us/Clariant-appoints-global-head-of-mining-solutions-business_69073.html
March 31, 2015
Ineos says that it has completed a previously announced 10% expansion of capacity at the company's linear alpha-olefins plant at Joffre, AB. "Additional debottleneck opportunities...
http://www.chemweek.com/regions/north_america/Ineos-completes-Canada-alpha-olefins-expansion-advances-US-Gulf-project-eyes-world-scale-PAO-plant_69068.html
March 31, 2015
Market participants and insiders have said this week that Williams Partners' Geismar, LA, ethane cracker achieved production of on-specification ethylene on 27 March. The company has...
http://www.chemweek.com/regions/north_america/Sources-Williams-Geismar-achieving-on-spec-ethylene_69052.html
March 31, 2015
ExxonMobil has confirmed that its entire petrochemical complex at Beaumont, TX, has been shut down following a fire on a propylene line. The company adds that there is no estimated...
http://www.chemweek.com/regions/north_america/ExxonMobil-confirms-Beaumont-petchem-shutdown-following-fire_69065.html
March 31, 2015
The Pennsylvania Department of Environmental Protection (DEP; Harrisburg) has announced its intention to issue air permits to Shell Chemicals' planned Appalachian petrochemical complex at Monaca, PA. The DEP will hold a public hearing on 5 May to take comments regarding Shell’s application....
http://www.chemweek.com/regions/north_america/Shell-nears-air-permit-for-Appalachian-cracker-project_69066.html
March 31, 2015
Bayer CropScience says that it has divested its Institute Industrial Park at Institute, WV, to Dow Chemical subsidiary Union Carbide, which will assume control of the site in a phased turnover expected to conclude by mid-2016. Financial terms of the transaction, which includes transfer of the land as well as the majority of site assets, have not been disclosed....
http://www.chemweek.com/regions/north_america/Bayer-CropScience-divests-Institute-Industrial-Park-to-Union-Carbide_69050.html
March 31, 2015
John Bresland, the former chair of the US Chemical Safety Board (CSB; Washington), now president for Process Safety Risk Assessment LLC, has urged the petrochemical industry to lobby...
http://www.chemweek.com/regions/north_america/Bresland-urges-AFPM-to-lobby-for-CSB-board-members-with-industry-experience_69018.html
March 31, 2015
PPG Industries has acquired Flood Australia (Padstow, Australia), a maker of wood stains and paint additives for consumer, commercial, and industrial applications. Financial terms of...
http://www.chemweek.com/regions/north_america/PPG-acquires-wood-stain-and-paint-additives-maker-in-Australia_69047.html
March 31, 2015
The ExxonMobil Chemical plant at Beaumont, TX, had a fire overnight that was extinguished early in the morning of 30 March. The fire is suspected to have been caused when vapor...
http://www.chemweek.com/regions/north_america/ExxonMobil-extinguishes-fire-at-Texas-propylene-line_69036.html
March 30, 2015
Private equity firm The Carlyle Group (Washington, DC) has announced it is selling 35 million shares in Axalta in a secondary offering. The exact timing and price of the offering have...
http://www.chemweek.com/regions/north_america/Carlyle-to-sell-additional-Axalta-shares_69033.html
March 30, 2015
JA Mitsui Leasing (JAML, Tokyo) and The Norinchukin Bank (Tokyo) will acquire a 50% stake in Mitsui Rail Capital (MRC, Chicago), a wholly owned subsidiary of Mitsui & Co, Mitsui...
http://www.chemweek.com/regions/north_america/Japanese-firm-and-bank-to-buy-50-percent-stake-in-US-railcar-business_69006.html
March 30, 2015
Momentive Performance Materials (MPM) today reported fourth-quarter net sales of $603 million, down 2% year-on-year (YOY), with segment Ebitda totaling $61 million, up 17%. The company...
http://www.chemweek.com/regions/north_america/Momentive-Performance-Materials-Ebitda-rises-after-bankruptcy_69017.html
March 30, 2015
Investment firm Fidelity (Boston) has stepped in to urge a solution to the proxy battle between DuPont and activist hedge fund Trian Fund Management (New York), according to a Reuters...
http://www.chemweek.com/regions/north_america/Report-Fidelity-stepping-in-to-resolve-DuPont-proxy-fight_69015.html
March 30, 2015
Teva Pharmaceutical Industries (PetaŠł• Tiqwa, Israel) says that it has entered into a definitive merger agreement with Auspex Pharmaceuticals (La Jolla, CA) under which Teva will...
http://www.chemweek.com/regions/north_america/us/Teva-to-acquire-Auspex-Pharmaceuticals-for-$3-2-billion_69011.html
March 27, 2015
Dow Chemical has definitively agreed to merge most of its chlor-alkali and downstream derivatives business with Olin in a transaction that values the business at $5 billion. The terms...
http://www.chemweek.com/regions/north_america/us/Dow-to-merge-chlor-alkali-and-derivatives-with-Olin-in-deal-valued-at-$5-billion_68979.html
March 27, 2015
Airgas says it is building a new air separation unit (ASU) to produce tonnage oxygen, nitrogen, and argon for a Nucor plant in Tuscaloosa, AL. The ASU will supply Nucor’s plant...
http://www.chemweek.com/regions/north_america/Airgas-to-construct-ASU-near-steel-plant-in-Alabama_68984.html
March 27, 2015
Albemarle yesterday said it is raising prices for elemental bromine and bromine derivatives by 30%. The increases will be effective immediately or as soon as contracts permit. Clear...
http://www.chemweek.com/regions/north_america/Albemarle-raises-elemental-bromine-prices_68985.html
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