IHS Chemical Week

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February 9, 2015
According to sources in the market, Williams has begun the process of delivering ethylene from its ethane cracker at Geismar, LA, which has been out of service since June 2013. If production is underway, it will bring substantial relief to Louisiana’s ethylene market, which has been extremely tight since the Evangeline ethylene pipeline went offline last month, IHS Chemical says....
http://www.chemweek.com/home/top_of_the_news/Williams-Geismar-restart-to-mitigate-Evangeline-outage-IHS-Corrected_67655.html
February 9, 2015
Uralchem (Moscow), a major fertilizer producer, today reported its production results for 2014, with overall volumes down 6.5%, to 5.7 million m.t., compared with 2013. Nitrogen...
http://www.chemweek.com/home/top_of_the_news/Uralchem-reports-lower-fertilizer-output-following-plant-stoppage_67643.html
February 9, 2015
The petrochemical business of Gail India (New Delhi), a natural gas company, reports sale rose 7.0% rise in the fiscal third quarter, ended 31 December 2014, compared with the year-ago...
http://www.chemweek.com/home/top_of_the_news/Gails-petrochemical-business-reports-rise-in-sales_67640.html
February 9, 2015
Lubrizol and Cleveland Clinic (Cleveland) say that, as part of a new joint collaboration, Lubrizol’s life sciences business and the Cleveland Clinic iInnovations unit aim to...
http://www.chemweek.com/home/top_of_the_news/Lubrizol-and-Cleveland-Clinic-collaborate-to-advance-medical-innovation_67639.html
February 9, 2015
Mangalore Refinery and Petrochemicals (MRPL; Mangalore, India) has raised its stake in ONGC Mangalore Petrochemicals (OMPL), a joint venture between Oil and Natural Gas Corp., (ONGC)...
http://www.chemweek.com/home/top_of_the_news/Mangalore-Refiney-ups-stake-in-ONGC-Mangalore-Petrochemicals_67666.html
February 9, 2015
Specialty chemicals distributor IMCD Group (Rotterdam) says that it has expanded its distribution deal with a Dow Chemical subsidiary in Europe. The deal covers Paraloid impact...
http://www.chemweek.com/home/top_of_the_news/IMCD-and-Dow-to-expand-plastic-additives-distribution-deal-in-Europe_67637.html
February 9, 2015
Showa Denko and mining and metals company Antam (Jakarta) say that commercial operations have begun at their new chemical alumina joint venture plant at Tayan, West Kalimantan...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-JV-starts-commercial-operations-at-chemical-alumina-plant_67635.html
February 9, 2015
Showa Denko says that it has entered into a business alliance with KBR (Houston) to jointly market Showa Denko’s proprietary technologies to produce acetic acid and its...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-and-KBR-sign-acetyls-technology-licensing-agreement_67634.html
February 9, 2015
The United Steelworkers (USW; Pittsburgh) union said on 7 February that workers at BP’s Whiting, IN; and Toledo, OH, refineries would join the union’s strike against the...
http://www.chemweek.com/home/top_of_the_news/USW-expands-US-strike-to-include-BP-refineries_67630.html
February 9, 2015
Sika (Baar, Switzerland) says it has been informed that Schenker-Winkler Holding (SWH) has submitted a request to the Swiss Takeover Board (Zurich) that the takeover board determine...
http://www.chemweek.com/home/top_of_the_news/Sikas-controlling-family-seeks-legal-ruling-that-Saint-Gobain-need-not-bid-for-stock-held-by-other-Sika-shareholders_67647.html
February 9, 2015
Benzene fundamentals have been mixed in the United States this week, as spot prices have followed the uptick in NYMEX WTI crude futures, and supply availability remains ample. Prompt...
http://www.chemweek.com/home/top_of_the_news/Energy-pushing-US-benzene-higher-rather-than-supply-demand-fundamentals_67625.html
February 8, 2015
Tata Chemicals on Friday reported unaudited third quarter 2014-15 results achieving a net profit of 2.38 billion Indian rupees ($38.4 million), compared with a loss of Rs159.3 million...
http://www.chemweek.com/home/top_of_the_news/Tata-Chemicals-returns-to-profit-from-year-ago-quarter-raises-revenues_67629.html
February 8, 2015
Indian Oil (New Delhi), a company with aspirations to become a bigger petchems player in India, is working on a number of investment projects. S. Mitra, executive...
http://www.chemweek.com/home/top_of_the_news/Indian-Oil-plans-EG-plant-advances-acetic-acid-project-confirms-ethanol-jv-with-Celanese_67631.html
February 8, 2015
Saudi Kayan, a Sabic affiliate, said on Sunday that the Ministry of Petroleum has allocated more ethane gas to the company, which will be used to increase capacity of its steam cracker...
http://www.chemweek.com/home/top_of_the_news/Saudi-Kayan-to-debottleneck-cracker-ethylene-oxide-plant_67632.html
February 6, 2015
Dow Corning, a 50-50 joint venture between Dow Chemical and Corning, reports fourth-quarter net income down 66% year-on-year (YOY), to $37.0 million. Excluding one-time items, net...
http://www.chemweek.com/home/top_of_the_news/Dow-Corning-reports-5-percent-increase-in-sales_67624.html
February 6, 2015
Toyo Engineering (Narashino, Japan) says that on 6 February, the board of directors appointed Kiyoshi Nakao as the new president and CEO of the company, effective 1 April. Nakao is...
http://www.chemweek.com/home/top_of_the_news/Toyo-Engineering-appoints-new-CEO_67600.html
February 6, 2015
PlastIndia, the triennial plastics exhibition and conference, has addressed many challenges facing chemical producers, including the recent collapse in oil prices. Ajay Shah...
http://www.chemweek.com/home/top_of_the_news/PlastIndia-Reliance-addresses-challenges-IHS-says-lower-oil-price-will-slow-investment-in-shale_67614.html
February 6, 2015

Olin reports fourth-quarter net income of $12.8 million, down 48% year-over-year (YOY) on declines in both the chlor-alkali and Winchester ammunition segments. However, the company expects gains in 2015, notably in chlor-alkali, which Olin sees emerging from the current trough. Sales totaled $500 million, down 11% YOY from $562 million. Adjusted earnings of 25 cts/share beat the mean analysts’ estimate of 22 cts/share as compiled by Thomson Reuters (New York).

...

http://www.chemweek.com/home/top_of_the_news/Olin-beats-earnings-estimates-expects-upturn-in-chlor-alkali_67615.html
February 6, 2015
Cambrex (East Rutherford, NJ) today announced that it has initiated the second significant expansion of its Charles City, IA, facility in less than three years. The previous expansion...
http://www.chemweek.com/home/top_of_the_news/Cambrex-to-expand-API-capacity-in-Iowa_67607.html
February 6, 2015
The active pharmaceutical ingredient (API) business of Teva Pharmaceutical Industries (PetaŠł• Tiqwa, Israel) reports a 1.7% rise in sales in the fourth quarter of 2014 compared with...
http://www.chemweek.com/home/top_of_the_news/Tevas-API-business-reports-a-small-increase-in-sales_67603.html
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