IHS Chemical Week

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May 19, 2014
Scientists from IBM Research (Armonk, NY) have discovered a new class of polymer materials that can potentially transform manufacturing and fabrication in the fields of transportation...
http://www.chemweek.com/regions/north_america/IBM-researchers-discover-new-class-of-industrial-polymers_61128.html
May 19, 2014

EPA has finalized a greenhouse-gas permit allowing ExxonMobil Chemical to proceed with construction of a 1.5-million m.t./year ethylene plant at Baytown, TX.

...

http://www.chemweek.com/regions/north_america/EPA-rejects-appeal-finalizes-permit-for-ExxonMobils-Baytown-ethylene-project_61115.html
May 16, 2014
Comex Mexico has filed suit against Sherwin-Williams (SW) over SW’s termination of the $2.34-billion merger agreement between the two companies, a Reuters report says. The...
http://www.chemweek.com/regions/north_america/Comex-Mexico-files-suit-against-Sherwin-Williams-over-deal-termination_61108.html
May 16, 2014
Momentum in industrial biotechnology is accelerating as large-scale projects come online and biobased processes become part of strategic plans at large chemical companies. Over 1,100...
http://www.chemweek.com/regions/north_america/BIO-2014-Industrial-biotech-becoming-an-integral-part-of-the-chemical-industry_61107.html
May 16, 2014
PolyOne says that Robert Patterson became president and CEO on 15 May, and he has been elected to the company's board of directors. PolyOne, in March, named then-COO Patterson as its...
http://www.chemweek.com/regions/north_america/us/New-PolyOne-CEO-steps-into-role_61097.html
May 15, 2014
Suppliers of chemicals to the personal-care and cosmetics industries were mostly upbeat at this year’s Suppliers’ Day show, held earlier this week at Edison, NJ. Most...
http://www.chemweek.com/regions/north_america/Suppliers-Day-2014-Mood-mostly-upbeat-for-personal-care-industry_61087.html
May 15, 2014
Oxiteno, the chemicals business of Ultrapar (São Paulo), has posted Ebitda for the first quarter of 109 million reais ($49.2 million), up 35% year-on-year (YOY) mainly because...
http://www.chemweek.com/regions/south_america/brazil/Oxitenos-earnings-up-35-percent-on-weaker-Brazilian-currency-favorable-sales-mix_61083.html
May 15, 2014

The Diamond Green Diesel facility at Norco, LA, has successfully implemented the UOP/ENI Ecofining process technology, says Honeywell, the parent of UOP.

...

http://www.chemweek.com/regions/north_america/UOPENI-Ecofining-technology-meets-all-targets-at-Diamond-Green-Diesel_61082.html
May 15, 2014
Airgas has signed a long-term agreement to build and operate an air separation unit (ASU) to supply tonnage oxygen and nitrogen via pipeline to Westlake’s expanded Calvert City, KY, vinyls manufacturing complex. Airgas expects the ASU, which will also supply liquid oxygen, nitrogen, and argon to the regional merchant market, to be onstream in the spring of 2016....
http://www.chemweek.com/regions/north_america/Airgas-to-build-operate-ASU-at-Westlakes-Calvert-City-facility_61081.html
May 15, 2014
Bayer HealthCare, a subgroup of Bayer, has entered into a definitive agreement to sell its interventional device business to medical devices company Boston Scientific (Natick, MA), for...
http://www.chemweek.com/regions/north_america/us/Bayer-to-divest-interventional-device-business-to-Boston-Scientific-for-$415-million_61078.html
May 15, 2014
Celanese (Dallas) plans to add a new compounding unit at its Florence, KY, facility. Celanese says the unit, which will support demand for advanced engineered materials products, will be operational in the first quarter of 2015....
http://www.chemweek.com/regions/north_america/Celanese-to-build-compounding-unit-at-Florence-KY_61080.html
May 14, 2014
Momentive Specialty Chemicals (Columbus, OH) reports a first-quarter loss of $27 million versus a loss of $4 million in the year-ago period. Sales increased 8.5% year-on-year, to $1.29 billion, primarily reflecting increased volumes in Momentive's oilfield, specialty epoxy, North American formaldehyde, and Latin America forest products resins businesses, says the company....
http://www.chemweek.com/regions/north_america/Momentives-sales-increase-but-loss-deepens_61061.html
May 14, 2014
Styron (Berwyn, PA) reports first-quarter income of $17.1 million, compared with a loss of $9.7 million in the year-ago period. Sales totaled $1.36 billion, down 2.3% year-over-year (YOY) on lower selling prices, partly offset by higher volumes and favorable currency impact....
http://www.chemweek.com/regions/north_america/Styron-swings-to-$17-million-profit_61060.html
May 13, 2014
FMC announced today that it has broken ground on a blending facility for natural colors at its Newark, DE manufacturing site. The company produces natural colors in Santiago, Chile and...
http://www.chemweek.com/regions/north_america/FMC-to-expand-Delaware-site-with-natural-colors-blending-facility_61050.html
May 13, 2014
OCI Partners (Nederland, TX) reports net income of $29 million for the first quarter, down 36% year-on-year (YOY) on unplanned outages. Sales totaled $100 million, down 11% YOY. The company says it will issue a cash distribution of 41 cts/share....
http://www.chemweek.com/regions/north_america/OCI-Partners-first-quarter-income-down-36-percent-on-outages_61042.html
May 13, 2014
Invista has obtained a permanent injunction to prevent US-based subsidiaries of Mossi & Ghisolfi Group (M&G; Tortona, Italy) from manufacturing or selling PoliProtect APB and PoliProtect JB resins in or from the United States....
http://www.chemweek.com/regions/north_america/Invista-wins-permanent-injunction-against-M-and-Gs-PoliProtect_61040.html
May 13, 2014
Rentech Nitrogen Partners (Los Angeles) reports net income for the first quarter of $3.1 million, down 79% year-on-year (YOY). Earnings per share totaled 8 cts, well above analysts’ consensus estimate of 0 cts, as compiled by Thomson Reuters. Sales totaled $56.3 million, down 5.5% YOY, since a gain at Rentech’s Pasadena, TX, facility was offset by a decline at its East Dubuque, IL, facility....
http://www.chemweek.com/regions/north_america/Low-prices-drive-down-Rentech-Nitrogens-earnings_61033.html
May 12, 2014
Innospec today announced plans to launch a share buyback worth up to $20 million, which will occur on the open market and does not have an end date. "Having instituted a regular...
http://www.chemweek.com/regions/north_america/Innospec-launches-$20-million-share-buyback_61010.html
May 12, 2014
Otsuka Chemical says it has established a US subsidiary to build a manufacturing plant at Griffin, GA, to produce the company’s fiber-free potassium titanate product line. The...
http://www.chemweek.com/regions/north_america/Otsuka-Chemical-establishes-US-subsidiary-for-fiber-free-potassium-titanate-manufacture_60998.html
May 12, 2014
Private Equity firm Huron Capital Partners (Detroit) has cofounded Valentus Specialty Chemicals, an acquisition platform, Huron says. The company is joining forces with industry...
http://www.chemweek.com/regions/north_america/Huron-Capital-launches-specialty-chemicals-acquisition-platform_60996.html
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