IHS Chemical Week

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May 21, 2015
After ethylene, propylene is the petrochemical’s industry’s second-largest building block with 2014 global demand estimated at 89 million m.t....
May 21, 2015

Innovation and customer intimacy are key priorities for specialty chemical companies as they try to maintain margins. Pressure is coming from the ever-smaller window for new, high-margin products and the mixed impact of low energy costs. Working closely with customers is seen as an important way to preserve value.

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May 21, 2015
DuPont on 13 May won its proxy battle with activist hedge fund Trian Fund Management (New York), as all four of the company’s director nominees were re-elected to its board, company officials say.DuPont is “encouraged by shareholder feedback and support for our transformation,” chair and CEO Ellen Kullman told the meeting....
May 21, 2015
Speculation is growing that Monsanto could soon return with a sweetened offer to acquire Syngenta, following the Swiss company’s rejection earlier this month of an initial offer worth just over $45 billion....
May 13, 2015
DuPont this morning won its proxy battle with activist hedge fund Trian Fund Management (New York), as all four of the company's director nominees were re-elected to its board, company...
May 8, 2015
LyondellBasell’s fortunes have reversed dramatically in the past five years. LyondellBasell, hobbled by more than $24 billion in debt after the December 2007 combination of...
May 8, 2015
Syngenta (Basel) on Friday rejected an offer from Monsanto to buy the Swiss-based pesticides and seeds group for just over $45 billion. The company says that the unsolicited offer...
May 6, 2015
A previously announced petchems project planned in Belmont County, OH, is expected to require a capital expenditure of $5 billion, sources tell CW on the sidelines of the APIC 2015...
May 5, 2015
The IRS has issued a proposed ruling that could jeopardize plans to put petrochemical assets into tax-saving master limited partnerships (MLPs). The document specifically states that income derived from a steam cracker would not qualify for MLP status, directly contradicting a ruling issued on 2 July 2012....
April 30, 2015
Wacker Chemie, after performing well in the first quarter, today said it is raising its sales forecast for 2015. The company generated sales of €1.33 billion ($1.49 billion) in...
April 30, 2015
BASF today reported its first-quarter results, beating consensus estimates, and has confirmed its outlook for 2015 of sales slightly increasing with Ebit before special items likely...
April 30, 2015
Air Products reports net income of $290 million for the quarter ended 31 March, up 2% year-on-year (YOY). Earnings gains in the Americas, Asia, and performance material offset the impact of weaker European results and negative currency impacts. Sales of $2.4 billion were down 6% YOY. The company says reported adjusted earnings were $1.55/share, up 17% YOY and line with analyst estimates....
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