IHS Chemical Week

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April 3, 2014
Cool Planet Energy Systems (Camarillo, CA) has closed its series-D financing round at the targeted $100 million, the company announced. All of the current strategic and venture...
http://www.chemweek.com/regions/north_america/Cool-Planet-closes-series-D-financing-round-on-target_60045.html
April 3, 2014
Solvay says it has completed the previously announced acquisition of the specialty chemical assets of ERCA Química (Itatiba, Brazil), a subsidiary of chemical company ERCA...
http://www.chemweek.com/regions/south_america/brazil/Solvay-completes-acquisition-of-ERCAs-specialty-chemical-assets-in-Brazil_60034.html
April 2, 2014
Repsol has licensed Chevron Phillips Chemical’s (CPChem) technology for the production of metallocene-based polyethylene resins, the two companies announced on 24 March. Repsol will implement the technology at its site in Tarragona, Spain, which already uses CPChem’s MarTECH SL loop slurry technology....
http://www.chemweek.com/regions/north_america/Repsol-licenses-CPChem-metallocene-technology_59799.html
April 2, 2014
BASF announced today that it has inaugurated the California Research Alliance (CARA)—a multidisciplinary research institute with emphasis on new inorganic materials and their...
http://www.chemweek.com/regions/north_america/BASF-launches-California-research-hub_60027.html
April 2, 2014
PPG says it has closed the sale of its 51% stake in the Transitions Optical joint venture, along with PPG’s wholly-owned sun lens business, to Essilor International (Paris), a...
http://www.chemweek.com/regions/north_america/PPG-closes-sale-of-share-in-Transitions-JV_59970.html
April 2, 2014
The chemical industry is as strong, vital, and essential as ever, but it has retreated from the public eye, leaving the stage to newcomers and detractors, says Frank Popoff, former CEO and chairman of Dow Chemical. If it is not to lose control of its future, he says, the chemical industry must actively engage with the public to raise awareness of its place at the forefront of technology and its role as “the ultimate enabling industry.” Popoff spoke in Houston on 31 March at the American Fuel and Petrochemical Manufacturers Association’s International Petrochemical Conference, where he was awarded the 18th Petrochemical Heritage Award....
http://www.chemweek.com/regions/north_america/Frank-Popoff-receives-Petrochemical-Heritage-Award-counsels-higher-industry-profile_59956.html
April 2, 2014
Agrium announced today that it expects its first-quarter earnings per share, to be released on 6 May, to be “just above breakeven.” The company says the slow start to the...
http://www.chemweek.com/regions/north_america/Agrium-first-quarter-earnings-to-be-flat-on-slow-spring-start_60010.html
April 2, 2014
Omnova Solutions today reported its first quarter results, with net income of $1.2 million up compared to a loss of $0.2 million year-over-year (YOY). Earnings per share of 3...
http://www.chemweek.com/regions/north_america/Omnova-earnings-up-sales-down-on-winter-weather-impacts_60011.html
April 2, 2014
Praxair announced today that it has acquired Lake Welding Supply Company (Lake; Muskegon, MI), an independent gas and welding products distributor in Western Michigan. Financial terms...
http://www.chemweek.com/regions/north_america/Praxair-acquires-Western-Michigan-gas-distributor_60009.html
April 2, 2014
ICL Corp. (Tel Aviv) announced that it has acquired over 30 million units of Allana Potash Corp. (Toronto) at a price of 47 cts/share—bringing ICL’s total stake to...
http://www.chemweek.com/regions/north_america/ICL-acquires-over-30-million-Allana-Potash-shares_59955.html
April 2, 2014
 The port of Antwerp intends to strengthen ties with Brazil. Apec-Antwerp/Flanders Port Training Center, a subsidiary of the Antwerp port authority, has signed a declaration of...
http://www.chemweek.com/regions/south_america/brazil/Port-of-Antwerp-strengthens-ties-with-Brazil_60003.html
April 2, 2014
Agricultural chemical company UPL (Mumbai), which was known as United Phosphorus until last October, informed the Bombay Stock Exchange (Mumbai) on 1 April that it has entered into an...
http://www.chemweek.com/regions/south_america/brazil/Indias-UPL-exits-Brazil-agchem-JV-with-Sipcam_60000.html
April 1, 2014
Synthos (Oswiecim, Poland) has announced plans to invest about $170 million in a new synthetic rubber plant at Triunfo, Brazil. The plant will produce neodymium catalyzed polybutadiene...
http://www.chemweek.com/regions/south_america/brazil/Synthos-to-build-Nd-polybutadiene-rubber-plant-in-Brazil_59995.html
April 1, 2014
PPG announced two new executive appointments today, effective immediately. Dave Cole has been named v.p./packaging coatings and Anup Jain has been appointed v.p./specialty coatings and...
http://www.chemweek.com/regions/north_america/PPG-announces-executive-appointments_59978.html
April 1, 2014
The Transatlantic Trade and Investment Partnership (TTIP), currently being negotiated between the European Union and the United States, is a “remarkable, historic...
http://www.chemweek.com/regions/north_america/us/Cefics-Mandery-TTIP-an-historic-opportunity-but-regulatory-divide-must-be-addressed_59973.html
April 1, 2014
Butadiene demand growth is expected to outpace crude C4 production over the 2013-18 period, marking a return to more "historically typical market conditions," said Bill Hyde...
http://www.chemweek.com/regions/north_america/IHS-WPC-2014-Butadiene-demand-to-outpace-supply-in-2013-18_59964.html
April 1, 2014
Brenntag says it will acquire Gafor Distribuidora, a distributor of specialty solvents in Latin America. Gafor Distribuidora is part of Grupo Gafor (São Paulo). Financial terms...
http://www.chemweek.com/regions/south_america/brazil/Brenntag-acquires-specialty-solvents-distributor-in-Brazil_59962.html
March 31, 2014
Magellan Midstream Partners announced on Monday that it plans to construct a condensate splitter at its Corpus Christi, TX terminal under a fee-based, take-or-pay agreement with...
http://www.chemweek.com/regions/north_america/Magellan-Midstream-Partners-to-build-condensate-splitter-at-Corpus-Christi_59957.html
March 31, 2014
Naphtha will remain the primary petrochemical feedstock in Asia and worldwide; production of naphtha will grow with petrochemical demand and increased running of refineries, said Kurt...
http://www.chemweek.com/regions/north_america/IHS-WPC-2014-Naphtha-will-remain-the-key-feedstock-but-NGLs-continue-to-gain-ground_59930.html
March 31, 2014
Momentive Specialty Chemicals (MSC) today reported fourth-quarter revenues up 11% year-on-year (YOY), to $1.2 billion, with segment Ebitda down 6%, to $79 million. The quarterly net...
http://www.chemweek.com/regions/north_america/Momentive-Specialty-Chemicals-loss-widens-revenue-up_59939.html
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