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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).

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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
February 6, 2015
Kuraray today announced that it will expand production capacity for ethylene vinyl alcohol (EVOH) resin at the manufacturing site of the company’s wholly owned subsidiary Eval...
http://www.chemweek.com/home/top_of_the_news/Kuraray-to-expand-ethylene-vinyl-alcohol-capacity-in-Belgium_67602.html
February 6, 2015
Sumitomo Seika Chemicals (Osaka) reports a 0.4% rise in net profits for the fiscal first nine months, ended 31 December 2014, compared with the year-ago period, to ¥4.92 billion...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Seika-Chemicals-reports-a-slight-increase-in-profits_67598.html
February 6, 2015
The United Steelworkers (USW; Pittsburgh) union said yesterday that it has instructed the local unions in the National Oil Bargaining program to reject Royal Dutch Shell’s sixth...
http://www.chemweek.com/home/top_of_the_news/USW-union-rejects-Shells-latest-labor-contract-offer-strike-continues_67579.html
February 6, 2015
Cambrex (East Rutherford, NJ) says its net profits for the fourth quarter of 2014 more than tripled compared with the fourth quarter of 2013, to $27.8 million. Net sales for the fourth...
http://www.chemweek.com/home/top_of_the_news/Cambrex-reports-huge-rise-in-profits_67609.html
February 5, 2015
Ethylene spot prices have been moving higher in the United States this week due to uncertainty over operations at Shell Chemicals’ Norco, LA GO-1 steam cracker and flaring at Dow...
http://www.chemweek.com/home/top_of_the_news/Ethylene-up-in-US-on-uncertainty-over-Louisiana-Texas-facilities_67560.html
February 5, 2015
Low water levels at hydroelectric dams are putting Brazil at risk of increasingly frequent power cuts, a development that is likely to hurt energy-intensive sectors such as the...
http://www.chemweek.com/home/top_of_the_news/Lack-of-rain-threatens-Brazils-petchem-industry_67535.html
February 5, 2015
Contract manufacturing organizations (CMOs), including many fine chemical makers, are among the big beneficiaries from changes at big pharmaceutical companies, say attendees at...
http://www.chemweek.com/home/top_of_the_news/Informex-2015-CMOs-benefit-from-changes-at-big-pharma_67545.html
February 5, 2015
Pfizer and Hospira (Lake Forest, IL) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Hospira, the world’s leading...
http://www.chemweek.com/home/top_of_the_news/Pfizer-to-acquire-Hospira-for-$17-billion_67537.html
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