IHS Chemical Week

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August 23, 2012
Olin says it has completed the acquisition of caustic soda distributor and bleach maker K.A. Steel Chemicals (Lemont, IL) for $328 million in cash. K.A. Steel is one of the largest...
August 2, 2012
Westlake Chemical reported second-quarter net income of $115.5 million ($1.72/share), up 42% from the year-ago quarter, on a pre-tax gain of $16.0 million from the sale of Georgia Gulf...
July 24, 2012
Olin reported a second-quarter net income of $47.6 million (59 cts/share), up 13% from the year-ago quarter, on stronger sales volumes from bleach and hydrochloric acid. Second quarter...
July 20, 2012
This Week on CW: PPG is planning to merge its commodity chemicals business with Georgia Gulf, in a deal worth $2.1 billion. The deal involves $900 million in cash to be paid to PPG...
July 18, 2012
Olin says it will acquire caustic soda distributor and bleach maker K. A. Steel Chemicals (KA Steel; Lemont, IL) for $328 million in cash. KA Steel is one of the largest distributors...
July 17, 2012
Sibur (Moscow) announced today that it will shut down a chlorine manufacturing complex at its Sibur-Nefekhim subsidiary at Dzerzhinsk, Russia. The company says that the plant is old...
July 13, 2012
Solvay says it has commissioned North America’s first trona mine methane recovery facility at Green River, WY. The company’s patented methane recovery system captures...
July 8, 2012
India’s Ministry of Finance has imposed a definitive five-year antidumping duty on imports of soda ash from China, the European Union (EU), Iran, Kenya, Pakistan, Ukraine, and...
July 3, 2012
Arkema said today that it has finalized a previously announced divestment of its vinyl products activities to the Klesch Group (Geneva). The new vinyls company is called Kem One...
June 4, 2012
Bayer MaterialScience says it has completed a global switch in chlorine production to electricity-saving membrane technology. In addition, Bayer is also at the halfway point of a test...
May 8, 2012
Westlake Chemical says it has abandoned its $1.3-billion unsolicited bid to acquire Georgia Gulf, and will liquidate its holdings of Georgia Gulf common stock as market conditions...
May 3, 2012
Georgia Gulf’s first-quarter net income nearly tripled from the year-ago quarter, to $35.3 million, on sales up 9%, to $859.9 million. First-quarter 2012 earnings includes a...
May 2, 2012
AkzoNobel has selected ThyssenKrupp Uhde to design and supply the contractor’s energy-saving membrane cell technology for a previously announced conversion of AkzoNobel’s...
April 27, 2012
Olin reported first-quarter adjusted Ebitda of $94.9 million, up 38% from the year-ago quarter, on sales up 16%, to $507 million. Including a $1.9-million pretax restructuring charge...
March 30, 2012
Revolutionary changes for the North American petrochemical industry are occurring due to new shale gas resources, Skip Teel, v.p./olefins at Westlake Chemical, told attendees at IHS...
March 8, 2012
Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, says it will exit its Okayama Chemical Co. (Tokyo) 50-50 joint venture with Daiso Co. (Osaka, Japan). Okayama Chemical, which...
February 21, 2012
Westlake Chemical reported fourth-quarter 2011 net income of $26.4 million, down 68% from the year-ago period, primarily due to higher feedstock costs. Sales were up 8%, to $859.2...
February 16, 2012
Georgia Gulf reported a fourth-quarter loss of $3.3 million, compared to net income of $15.1 million in the year-ago quarter, on sales down about 3%, to $673.8 million. The net loss in...
February 15, 2012
Jacobs Engineering says it has received a contract to perform basic engineering work to support the provision of Arkema's proprietary suspension and emulsion technology to four new...
February 8, 2012
FMC announced fourth-quarter 2011 net income up of $77.9 million ($1.10/share), compared to a net loss of $53.5 million (74 cts share) in the fourth quarter of 2010. Net income in the...
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