IHS Chemical Week

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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...
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....
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). 

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....
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....
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....
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...
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...
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....
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.”...
July 8, 2015
Canada Colors & Chemicals (CCC; Toronto) has made a binding offer to acquire the industrial solvents and chemicals business of APCO Industries (Leaside, ON), a supplier of solvents...
July 8, 2015
BioConsortia has appointed Andrew Jacobs as head of R&D for its operation in Auckland, New Zealand. Jacobs will report to Susan Turner, senior v.p./R&D for BioConsortia...
July 6, 2015
K+S (Kassel, Germany) announced on 2 July that it had rejected an “unsolicited proposal” from PotashCorp (Saskatoon, SK) to acquire all of K+S’s outstanding shares. PotashCorp’s bid is at €41/share ($45.49), valuing K+S at €7.85 billion....
July 6, 2015
Chemours says its postspin course will focus on nurturing growth opportunities in titanium dioxide (TiO2) and fluoroproducts....
June 26, 2015
The incident began at about 10am local time when a car rammed into gas canisters at the plant. French media reports say that the victim was a local businessman who was killed away from the site. Air Products says that all of its employees are safe and accounted for. “I am horrified and saddened by the attack on our facility in France,” says Air Products chairman and CEO Seifi Ghasemi....
June 24, 2015
OCI Enterprises, the North American subsidiary of OCI (Seoul), says it is considering “strategic alternatives” for its stake in OCI Resources (OCIR), a master limited partnership that owns 51% of OCI Wyoming, a producer of trona ore and soda ash....
June 24, 2015
Phillips 66, one of the largest base oil suppliers in North America, says it has introduced production of odorless mineral spirits out of its Wood River refinery in Roxana, IL. The...
June 23, 2015
Arkema (Paris), France’s largest chemicals company by sales, is significantly reshaping its portfolio to focus on more profitable businesses. The recent acquisition of Bostik, the world’s third-largest adhesives company; major investments to expand operations in Asia; and restructuring in the mature markets of Europe are the key points in the company’s transformation...
June 23, 2015
Shin-Etsu Chemical says it will construct a plant at Echizen City, Fukui Prefecture, Japan, for the production of photomask blanks, the base material of photomasks that are used as the...
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