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July 31, 2015
Latin America’s petrochemical industry, in the first half of 2015, faced a broad reverse in regional economic growth compared with only a few years ago, when Latin American sizeable and diverse economies were growing faster than average worldwide GDP....
http://www.chemweek.com/lab/Latin-America-abounds-with-opportunity-but-2015-will-be-challenging_71940.html
July 31, 2015
Solvay has reached a definitive agreement to acquire Cytec Industries (Woodland Park, NJ) for $6.4 billion, including debt, in a bid to acquire a leading position in high-growth aerospace and automotive materials, the company says....
http://www.chemweek.com/lab/Solvay-to-acquire-Cytec-Industries-for-$6-4-billion_72625.html
July 31, 2015
The strong US dollar hit earnings of North American specialty chemical manufacturers, with many companies reporting year-on-year (YOY) declines in earnings and sales—and falling...
http://www.chemweek.com/lab/Strong-dollar-drags-down-specialty-results_72622.html
July 31, 2015
Second-quarter financial results show US commodity and diversified chemical producers benefiting from a recovering domestic market but challenged abroad by the strong US dollar. Dow...
http://www.chemweek.com/lab/Currency-domestic-recovery-shape-diversified-earnings_72595.html
July 29, 2015
Univar posted a second-quarter net loss of $12.4 million due mainly to expenses related to the company’s initial public offering and debt repayment. The negative impact on a...
http://www.chemweek.com/lab/Univar-posts-loss-on-IPO-expense-currency-impacts_72524.html
July 29, 2015
Solvay says that it has signed a definitive agreement to acquire Cytec Industries (Woodland Park, NJ) for $75.25/share in cash, or a total of $5.5 billion. The transaction price per...
http://www.chemweek.com/lab/Solvay-to-acquire-Cytec-for-$6-4-billion_72499.html
July 28, 2015
LyondellBasell reports net income from continuing operations of $1.3 billion, up 7.8% year-over-year (YOY) as higher volumes and lower feedstock costs more than offset declines in product prices. Sales totaled $9.1 billion, up 11.7% YOY....
http://www.chemweek.com/lab/LyondellBasell-income-up-beats-analyst-consensus_72480.html
July 28, 2015
DuPont’s second-quarter results fell sharply on negative currency impacts, continued weakness in performance chemicals—a business it spun out to shareholders on 1...
http://www.chemweek.com/lab/DuPont-cuts-outlook-on-ag-slowdown_72478.html
July 24, 2015
BASF on Friday reported an increase in second-quarter sales and earnings and confirmed its outlook for the whole of 2015. Sales rose 3%, to €19.1 billion ($21.0 billion), and Ebit...
http://www.chemweek.com/lab/BASF-reports-slight-increase-in-sales-and-earnings-confirms-outlook_72408.html
July 24, 2015
BASF said on Wednesday that it will form a global business unit (GBU) combining all of its pigments activities effective January 2016. In the second half of 2016, BASF intends to carve...
http://www.chemweek.com/lab/BASF-to-restructure-pigments-business-will-evaluate-options-13-sites-affected_72361.html
July 20, 2015
Methanol, traditionally, has been a chemical feedstock consumed in the manufacture of derivatives such as formaldehyde, acetic acid, methyl methacrylate, and methylamines....
http://www.chemweek.com/lab/The-changing-face-of-methanol-demand_72206.html
July 17, 2015
Cytec Industries reports second-quarter net earnings of $54.7 million, down 26% year-on-year. Net sales were $508 million, down 4%. Excluding one-time items' reported earnings from continuing operations were 81 cts/share, 6% below analyst estimates compiled by Thomson Reuters (New York). 
...

http://www.chemweek.com/lab/Cytec-earnings-fall-on-industrial-materials-weakness_72285.html
July 17, 2015
PPG Industries says that Michael McGarry will become president and CEO, effective 1 September. McGarry succeeds Charles Bunch, who will remain executive chairman. McGarry, who was named president and COO in March, will join the company’s board immediately. Bunch has been CEO since July 2005....
http://www.chemweek.com/lab/PPG-Industries-names-next-CEO-effective-1-September_72249.html
July 17, 2015
Platform Specialty Products (West Palm Beach, FL) has reached a deal to acquire Alent (Woking, UK) in a cash and stock transaction for about £1.4 billion ($2.18 billion). Including net debt, the total transaction value is about $2.3 billion....
http://www.chemweek.com/lab/Platform-to-buy-UK-based-firm-Alent-for-$2-3-billion_72224.html
July 17, 2015
After ethylene, propylene is the petrochemical’s industry’s second-largest building block with 2014 global demand estimated at 89 million m.t....
http://www.chemweek.com/lab/Understanding-the-Global-Petrochemical-Industry-Propylene_70586.html
July 15, 2015
Ingevity will be the new name of MWV Specialty Chemicals, effective 1 September. The business is expected to be spun off from WestRock, the name of the combined MeadWestvaco and...
http://www.chemweek.com/lab/MWV-Specialty-Chemicals-renamed-Ingevity_72162.html
July 13, 2015
(This story has been corrected. The figures in paragraph five refer to production capacity throughout the Americas, not production in North America.) China’s enormous...
http://www.chemweek.com/lab/China-MTO-promises-big-opportunity-for-methanol-producers-in-US_71640.html
July 13, 2015
Enterprise Products Partners (Houston) has announced several projects to increase pipeline capacity for polymer-grade propylene between 2017 and 2020. Enterprise will convert and expand the North Dean pipeline, currently configured for refinery-grade propylene; convert the Lou-Tex pipeline from chemical-grade propylene service to polymer-grade; and build a refinery-grade propylene pipeline between Sorrento and Breaux Bridge, LA....
http://www.chemweek.com/lab/Enterprise-to-increase-polymer-grade-propylene-pipeline-capacity_72046.html
July 9, 2015
The US Occupational Health and Safety Administration (OSHA; Washington) has placed DuPont in its severe violator enforcement program after follow-up inspections of a fatal accident at DuPont’s La Porte, TX facility found “serious, willful and repeat violations.”...
http://www.chemweek.com/lab/OSHA-places-DuPont-in-severe-violator-enforcement-program_72063.html
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