IHS Chemical Week

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November 5, 2013
Plant engineering and construction group ThyssenKrupp Industrial Solutions announced today that it has agreed with De Nora (Milan), an electrochemical technologies supplier, to form a...
October 29, 2013
Olin on 28 October reported third-quarter net income of $69.7 million, more than twice the year-earlier figure. Sales for the quarter totaled $670.7, up 15%. Earnings increased 15% to 86 cts/diluted share, handily beating the consensus estimate of 67 cts....
October 10, 2013
Skyonic (Austin, TX) has broken ground at its Capitol SkyMine plant in San Antonio, TX, the company announced. The plant is expected to capture 300,000 m.t./year of CO2 though the...
October 10, 2013
The prospects for most chlor-alkali and vinyls producers are not good: over the next 10 years, the global market for polyvinyl chloride (PVC) will be oversupplied by an annual average of 18 million m.t., according to analysts at IHS Chemical. However, producers in the United States will be able to maintain profitability, owing to low energy costs resulting from the boom in shale gas development, they say....
October 10, 2013
The Mexican state of Veracruz is expected to receive $5 billion in direct investment by chemical companies, foreign and domestic, in Mexico, over the next five years, according to the...
September 19, 2013
"There is intolerable energy pressure on the chlorine industry now," said Alistair Steel, executive director at industry association Euro Chlor, in comments to Euro Chlor's...
September 4, 2013
OCI Resources, comprising the majority-owned US soda ash operations of OCI (Seoul), is offering a 25.1% limited partner interest to public shareholders in the form of 5 million common units. The company expects the shares to be priced at $19–21 each, for a total value of about $100 million....
August 22, 2013
A key piece of equipment, the hydrochloric acid burner, was significantly damaged during a loading accident at the supplier’s facility....
August 14, 2013
Hanwha Chemical (Seoul) is planning to raise capacity for chlor-alkalis and ethylene di-chloride (EDC) at its Yeosu, Korea petrochemical complex, CW has learned. The company will...
August 5, 2013
Sahara Petrochemicals (Riyadh) and Saudi Arabian Mining Co. (Ma’aden) have announced that they have today begun trial operations at their caustic soda and ethylene dichloride...
August 1, 2013
INEOS ChlorVinyls says it has completed the sale of its packed chlorine business in the United Kingdom to 2M Group. The value of the deal was not disclosed. The sale consists of the...
July 26, 2013
Olin Corp. (Clayton, MO) on 25 June reported second quarter 2013 net income of $43.7 million, down 8% from the second quarter of 2012. Reported earnings were 54 cts/share, down 8% YOY but 2 cts above analyst estimates as compiled  by Thomson Reuters. Sales increased 28% year-over-year (YOY) to $652.2 million. Income for the chlor-alkali segment fell 33% yoy to $50 million owing to lower hydrochloric acid prices, higher costs associated with maintenance outages and start-ups, and higher electricity costs resulting from increased natural gas prices. Earnings from hydrochloric acid sales declined $6 million from the year-ago quarter....
July 16, 2013
The European Chemicals Agency (ECHA; Helsinki) has published two new guidance documents concerning biocides, the agency announced today. The documents are applicable from 1 September...
July 3, 2013
HF Chlor-Alkali, a newly formed affiliate of Harris & Ford (Indianapolis), announced on 3 July that it is to build a chlor-alkali plant at Cargill’s Iowa...
June 13, 2013
UhdeNora (Milan), an equally owned joint venture between ThyssenKrupp Uhde and Industrie De Nora, has been awarded a contract from Trans Carolina Products to supply an electrolyzer at...
June 13, 2013
Bayer MaterialScience (BMS) and ThyssenKrupp Unde have begun marketing BMS's previously announced oxygen depolarized cathode (ODC) technology worldwide, the companies announced today...
June 3, 2013
Aditya Birla Chemicals (ABC; Mumbai), a subsidiary of Aditya Birla Group, has approved the acquisition of the chlor-alkali and phosphoric acid division of Solaris ChemTech Industries...
May 15, 2013
Arkema's first-quarter adjusted net income contracted by 21.1% from €123 million ($159.7 million) in the first quarter of 2012, to €97 million, the company announced today...
May 8, 2013
Axiall on Tuesday reported adjusted net income for the quarter totaled $45.1 million, up 63% year-on-year (YOY) from $27.6 million. Adjusted earnings per share were 75 cts/share...
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