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June 18, 2015
Boardwalk Pipeline confirmed today that its Evangeline ethylene pipeline was back at full operations. The return to full operations was in line with the timeframe laid out earlier...
http://www.chemweek.com/regions/north_america/Boardwalk-at-full-operations-on-Evangeline-Pipeline_71457.html
June 18, 2015
PBF Energy (Parsipanny, NJ) has agreed to acquire Chalmette Refining, a 189,000 bbl/day refinery in Chalmette, LA, for $322 million from ExxonMobil and PDVSA, which operate the business as a 50/50 joint venture. The deal, which is expected to close by the end of 2015, includes logistics infrastructure and facilities for the production of aromatics and propylene....
http://www.chemweek.com/regions/north_america/us/PBF-Energy-acquires-Chalmette-Refining-for-$322-million_71455.html
June 18, 2015
Shares, which trade on the New York Stock Exchange (NYSE) under symbol UNVR, closed their first day of trading at $25.40, up 15% from the IPO price....
http://www.chemweek.com/regions/north_america/Univar-closes-$770-million-IPO-updated-with-CEO-comments_71434.html
June 18, 2015
DuSolo Fertilizers (Vancouver, BC), a producer and distributor of phosphate fertilizers within the Cerrado region of Brazil, one of the fasting-growing agricultural producing regions...
http://www.chemweek.com/regions/south_america/brazil/DuSolo-reaches-production-capacity-at-Bomfim-phosphate-fertilizer-plant_71430.html
June 18, 2015
The toluene arbitrage window has been open this week for shipment from Asia and Europe to the United States, but most traders have been unwilling or unable to take advantage of it...
http://www.chemweek.com/regions/north_america/Toluene-arbitrage-to-US-remains-open-but-interest-is-low_71443.html
June 18, 2015
Evonik Industries says that it has made a venture capital investment in Wiivv Wearables (Vancouver). The minority investment was made jointly with financial investor Formation 8 (Palo...
http://www.chemweek.com/regions/north_america/Evonik-invests-in-Canada-startup_71442.html
June 18, 2015
Coveris Holdings (Chicago) has acquired Olefinas (San Luis Potosí, Mexico), an agricultural plastics company with operations in Guatemala and Mexico. The acquisition is aligned...
http://www.chemweek.com/regions/north_america/Coveris-acquires-Mexico-based-packaging-company_71440.html
June 17, 2015
Axiall (Atlanta) and Lotte Chemical (Seoul) have settled on arrangements for a joint venture to build and operate a 1 million m.t./year ethane cracker in Louisiana. The partners expect later this year to make a final investment decision on the project, which was first announced in February 2014....
http://www.chemweek.com/regions/north_america/us/Axiall-and-Lotte-advance-US-cracker-plans_71420.html
June 17, 2015
Arcadia Biosciences (Davis, CA) an agricultural biotechnology company, announced a collaboration with Phytola, a leader in oilseed crop research, to develop soybean varieties with...
http://www.chemweek.com/regions/north_america/Arcadia-Phytola-target-soybean-with-25-percent-more-oil_71419.html
June 17, 2015
Propylene inventories were higher in the United States during the week ended 12 June, according to data released Wednesday by the Energy Information Administration. Propane/propylene...
http://www.chemweek.com/regions/north_america/Propylene-stocks-stable-to-higher-in-US-last-week_71401.html
June 17, 2015
Allergan (Dublin, Ireland) announced on Wednesday that it has entered into an agreement to acquire Kythera Biopharmaceuticals (Westlake Village, CA) for approximately $2.1 billion. The...
http://www.chemweek.com/regions/north_america/Allergan-to-acquire-Kythera-Biopharmaceuticals-for-$2-1-billion_71417.html
June 17, 2015
Capital Southwest’s chemical assets have filed with SEC for a spin-off, after which the new company—CSW Industrial—will become a publicly traded entity. CSW will...
http://www.chemweek.com/regions/north_america/Capital-Southwest-chemical-assets-file-for-spin-off_71402.html
June 17, 2015
The USDA today released of a new report that shows the U.S. biobased industry contributed $369 billion to the economy and added four million jobs in 2013. “This report is the...
http://www.chemweek.com/regions/north_america/USDA-Biobased-products-added-$369-billion-to-economy-in-2013_71416.html
June 17, 2015
Gevo (Englewood, CO) says that its renewable isobutanol has been endorsed for fuel use by the National Marine Manufacturers Association (Chicago). "We believe that the marine industry will be an important market for Gevo's isobutanol,” says Patrick Gruber, Gevo CEO. “The technical properties of isobutanol shine in this application.”...
http://www.chemweek.com/regions/north_america/Gevos-isobutanol-wins-endorsement-as-marine-fuel_71399.html
June 17, 2015
Crude and gasoline stockpiles in the United States were mixed for the week that ended 12 June, according to data released today by the Energy Information...
http://www.chemweek.com/regions/north_america/US-crude-stocks-drop-gasoline-stocks-firm_71404.html
June 17, 2015
Genomatica (San Diego) has confirmed today major improvements in process performance and the qualification of multiple types of biomass sugars as suitable feedstock for commercial...
http://www.chemweek.com/regions/north_america/Genomatica-nearer-commercial-readiness-of-biomass-feedstocks-for-chemicals_71398.html
June 17, 2015
During the week ended 13 June, chemical railcar traffic in North America decreased 2.1% year-over-year (YOY) on declines in Canada and Mexico....
http://www.chemweek.com/regions/north_america/North-America-weekly-chemical-railcar-traffic-down-2-1-percent-YOY_71405.html
June 17, 2015
Platform Specialty Products on Wednesday registered with SEC for a public stock offering aiming to raise about $350 million. The exact number and price of the shares, as well as...
http://www.chemweek.com/regions/north_america/Platform-aims-to-raise-$350-million-in-stock-offering_71400.html
June 17, 2015
Compass Minerals (Overland Park, KS) says that Lori Walker has been elected to the board of directors of the company, replacing Perry Premdas, who retired earlier this year. Walker...
http://www.chemweek.com/regions/north_america/us/Compass-Minerals-appoints-former-Valspar-CFO-as-new-board-member_71391.html
June 17, 2015
Boardwalk Pipeline Partners (Houston) says that its Evangeline ethylene pipeline is expected to resume partial commercial operations today and full commercial operations on 17 June at...
http://www.chemweek.com/regions/north_america/Boardwalk-to-resume-full-commercial-operations-on-Evangeline-pipeline-this-week_71378.html
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