IHS Chemical Week

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Displaying 241 - 260 of 364 stories.
July 23, 2013
DuPont says it is exploring the sale or spin-off of its $7-billion/year performance chemicals unit as part of its transformation to a "higher growth, less cyclical company.” DuPont’s performance chemicals business includes titanium dioxide, fluorochemicals, and specialty and industrial chemicals. DuPont also reports second-quarter net income of $1.03 billion, down 12% year-on-year (YOY). Reported adjusted earnings were $1.28/share, down 15% YOY and in line with lowered company guidance announced in June....
http://www.chemweek.com/lab/DuPont-exploring-sale-of-performance-chemicals-unit_53831.html
July 23, 2013
DuPont shares rose 5.3% on 17 July following reports that Trian Fund Management (New York), run by activist investor Nelson Peltz, has acquired a large stake in the company....
http://www.chemweek.com/lab/DuPont-shares-soar-on-report-that-activist-investor-Trian-has-purchased-stake_53717.html
July 22, 2013
PPG today reported second-quarter net income up 14.8% year-on-year (YOY), to $341 million, on sales up 16%, to $4.1 billion. Adjusted earnings—which exclude acquisition...
http://www.chemweek.com/lab/PPG-earnings-rise-on-strong-industrial-coatings-results_53740.html
July 18, 2013
Celanese posted second-quarter net earnings of $133 million, down 40% from the year-ago quarter. Reported adjusted earnings were $1.12/share, a 28% decline year-on-year (YOY), and 3%...
http://www.chemweek.com/lab/Celanese-earnings-decline-on-weak-acetyls-demand_53756.html
July 17, 2013
“If you succeed all the time, it means you’re not setting big enough targets,” says Patrick Thomas, CEO of Bayer MaterialScience....
http://www.chemweek.com/lab/Risk-averse-culture-limits-chemical-innovation-Bayer-MaterialScience-CEO_53657.html
July 15, 2013
Dow Chemical’s advanced materials business aims to combine the scale of Dow with the customer intimacy of Rohm and Haas, its landmark 2009 acquisition...
http://www.chemweek.com/lab/Dow-Advanced-Materials-Building-a-specialties-franchise_53552.html
July 15, 2013
Sasol today announced a series of engineering and technology provider appointments as it continues to advance front-end engineering and design (FEED) of its Lake Charles, LA ethane...
http://www.chemweek.com/lab/Sasol-awards-contracts-for-US-ethane-cracker-and-derivatives-complex_53645.html
July 10, 2013
EuroChem (Moscow), Russia’s largest fertilizer producer and 1 of the top 10 global fertilizer makers, today announced its intention to build an ammonia and urea production...
http://www.chemweek.com/lab/Russias-EuroChem-to-invest-$1-5-billion-in-ammonia-urea-complex-in-Louisiana_53499.html
July 10, 2013
OCI Resources, a newly launched affiliate of soda ash producer OCI Wyoming, on Monday filed with the SEC to raise up to $115 million in an initial public offering. OCI Wyoming is a...
http://www.chemweek.com/lab/Soda-ash-producer-OCI-Resources-files-for-an-IPO_53462.html
July 1, 2013
ACC’s recently completed review of Responsible Care has resulted in the most significant changes to the program in at least 10 years, including the addition of product safety and...
http://www.chemweek.com/lab/Responsible-Care-at-25_53211.html
June 28, 2013
ACC has released its chemical activity barometer (CAB) for May, showing continued US economic growth. The CAB increased 0.3% over May on a 3-month moving average basis—the 11th...
http://www.chemweek.com/lab/ACC-economic-indicator-survey-forecasts-continued-US-growth_53246.html
June 28, 2013
Industry groups, including ACC and American Fuels and Petrochemicals Manufacturers (AFPM; Washington), have issued mostly critical reactions to President Obama’s federal climate...
http://www.chemweek.com/lab/Industry-mostly-skeptical-of-Obama-climate-plan_53241.html
June 28, 2013
Helsinki Forum: Balancing regulation with innovation was among the meeting’s primary themes. The 5th Helsinki Chemicals Forum, held 18–19 June, assessed policy direction...
http://www.chemweek.com/lab/Helsinki-Chemicals-Forum-2013_53166.html
June 24, 2013
China is in the midst of a surge in coal-to-chemicals investment, says Paul Pang, managing director of IHS Chemical China....
http://www.chemweek.com/lab/China-Location-is-the-key-to-Chinas-new-generation-of-coal-chemicals_51465.html
June 21, 2013
Suppliers to the semiconductor sector say the outlook for electronic chemicals is improving following a dip in late 2012....
http://www.chemweek.com/lab/Electronic-chemicals-Chip-market-set-for-rebound_53001.html
June 19, 2013
Shin-Etsu says its US subsidiary Shintech will invest $500 million to expand chlor-alkali, vinyl chloride monomer, and polyvinyl chloride at production sites in Louisiana. Project completion is targeted for 2015....
http://www.chemweek.com/lab/Shin-Etsu-to-invest-$500-million-to-boost-US-vinyls-capacity_52911.html
June 19, 2013
Alpek’s DAK Americas unit said today that it will shut all operations at its Cape Fear site near Wilmington, NC, where it produces purified terephthaic acid (PTA), polyethylene terephthalate (PET) resins, and polyester staple fiber. The closure of the site is expected to be completed by September 2013....
http://www.chemweek.com/lab/DAK-to-end-PET-PTA-production-at-Cape-Fear-site_52948.html
June 19, 2013
Shintech, the US subsidiary that anchors Shin-Etsu’s leading global position in polyvinyl chloride (PVC), celebrates in 2013 its 40th year of operation....
http://www.chemweek.com/lab/Shin-Etsus-Shintech-subsidiary-at-40_52665.html
June 13, 2013
The cracker has ethylene capacity of  646,000 m.t./year and coproduct propylene capacity of 43,000 m.t./year, according to IHS Chemical. An ongoing $450–500-million expansion project will increase ethylene capacity by 272,000 m.t./year, according to Williams, which had targeted completion of the project for the second half of 2013. Williams also operates a 270,000-m.t./year propylene splitter at the site....
http://www.chemweek.com/lab/Update-Explosion-at-Williamss-Geismar-cracker-kills-one-injures-73_52817.html
June 13, 2013
The company says first-half operating earnings will fall about 10% below the prior year since cool and wet weather in North America and Europe hurt agriculture and nutrition results....
http://www.chemweek.com/lab/DuPont-expects-lower-second-quarter-earnings-citing-cool-weather_52815.html
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