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November 7, 2014
Tokuyama says that its Shin Dai-ichi Vinyl (Tokyo) joint venture will permanently shut its 80,000-m.t./year polyvinyl chloride (PVC) plant at Chiba, Japan. Tokuyama holds a 71% stake...
http://www.chemweek.com/newsletters/cbd/Tokuyama-to-shut-PVC-plant-at-Chiba_65239.html
November 7, 2014
Croda International today reported a 6.1% decline in third-quarter adjusted profit before tax, to £55.1 million ($87.3 million), on revenues down 3.3%, to £259.0 million. The company...
http://www.chemweek.com/newsletters/cbd/Croda-reports-lower-third-quarter-profits-and-revenues_65240.html
November 7, 2014
Company Today Yesterday Air Products (APD) 135.19 134.86 Airgas (ARG) 114.28 113.44 Albemarle (ALB) 61.15 60.83 Ashland (ASH) 109.62 108.56 Axiall Corp. (AXLL) 42.76 42.50 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_65241.html
November 7, 2014
Borealis, a leading polyolefins player in Europe and member of the International Petroleum Investment Co. (IPIC; Abu Dhabi)—which also includes Borouge, Nova Chemicals, and...
http://www.chemweek.com/newsletters/cbd/Borealis-to-start-shipping-US-ethane-in-2016-Borouge-delays-dent-results_65234.html
November 7, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site...
http://www.chemweek.com/newsletters/cbd/Shell-to-buy-site-in-Monaca-PA-for-cracker-project_65235.html
November 7, 2014
Caustic soda supply has tightened considerably in northwest and southern Europe caused by production issues plaguing various producers—these issues range from industrial action to...
http://www.chemweek.com/newsletters/cbd/Caustic-soda-prices-spike-in-Europe-as-production-issues-constrain-supply_65236.html
November 7, 2014
The CW75 index was essentially flat for the week ended 4 November, dipping below the MSCI World Index and the S&P 500, which both increased 1%, respectively. Basic chemical shares...
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_65233.html
November 6, 2014
Company Today Yesterday Air Products (APD) 134.86 133.80 Airgas (ARG) 113.44 111.70 Albemarle (ALB) 60.83 60.02 Ashland (ASH) 108.56 105.91 Axiall Corp. (AXLL) 42.50 42.25 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_65204.html
November 6, 2014
Taminco today reported net income that rose nearly fivefold year-on-year (YOY), to $29 million, or 43 cts/share, on sales up 22%, to $369 million. Earnings easily beat analysts’...
http://www.chemweek.com/newsletters/cbd/Taminco-beats-estimates_65203.html
November 6, 2014
Tronox today reported its third quarter results, indicating weakness in the titanium slag market. The company reported a net loss of $93 million, down from a net loss of $49 million in...
http://www.chemweek.com/newsletters/cbd/Tronox-reports-net-loss-on-weak-titanium-slag-market_65202.html
November 6, 2014
Petronas Chemicals (Kuala Lumpur) reports a 2.8% rise in profits for the third quarter of 2014 compared with the third quarter of 2013, to 732 million ringgit ($220 million) due to...
http://www.chemweek.com/newsletters/cbd/Petronas-Chemicals-reports-a-slight-increase-in-profits_65201.html
November 6, 2014
PPG Industries says it has completed the previously announced acquisition of Consorcio Comex (Mexico City), an architectural coatings company, in a transaction valued at $2.3 billion...
http://www.chemweek.com/newsletters/cbd/PPG-completes-$2-3-billion-acquisition-of-Comex_65200.html
November 6, 2014
Shell says that the steam cracker and acetylene plant at the company's Moerdijk, Netherlands petrochemical complex are not expected to restart before the end of the second quarter of...
http://www.chemweek.com/newsletters/cbd/Shell-Moerdijk-cracker-will-not-restart-until-second-quarter-2015_65198.html
November 6, 2014
Archer Daniels Midland (ADM; Chicago) says that Juan Luciano has been named the company’s next CEO, effective 1 January 2015. Luciano will succeed Patricia Woertz, who will continue...
http://www.chemweek.com/newsletters/cbd/ADM-appoints-new-CEO_65199.html
November 6, 2014
Sunoco Logistics has concluded open season for the company's $2.5-billion Mariner East 2 pipeline project. The pipeline will carry natural gas liquids (NGLs) from the Marcellus and...
http://www.chemweek.com/newsletters/cbd/Sunoco-Logistics-moves-forward-on-Mariner-2-pipeline_65197.html
November 6, 2014
Lanxess today announced its third-quarter results and confirmed that as part of its realignment program it plans to cut about 1,000 jobs worldwide by end 2016, accounting for 6% of...
http://www.chemweek.com/newsletters/cbd/Lanxess-confirms-plans-to-cut-6-percent-of-its-workforce_65196.html
November 5, 2014
AMEC (London) said today that it has extended its offer to acquire fellow engineering & construction firm Foster Wheeler until 12 November 2014. The offer has been extended to...
http://www.chemweek.com/newsletters/cbd/AMEC-extends-offer-to-buy-Foster-Wheeler_65152.html
November 5, 2014
Company Today Yesterday Air Products (APD) 133.80 133.46 Airgas (ARG) 111.70 111.01 Albemarle (ALB) 60.02 58.70 Ashland (ASH) 105.91 106.09 Axiall Corp. (AXLL) 42.25 38.75 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_65153.html
November 5, 2014
Teijin today announced several initiatives to restructure its loss-making businesses. The measures include permanently shutting down a polycarbonate (PC) resin plant in Singapore and...
http://www.chemweek.com/newsletters/cbd/Teijin-to-shut-polycarbonate-plant-in-Singapore-exit-dimethyl-terephthalate-business_65145.html
November 5, 2014
Pioneer Natural Resources (Dallas) says it plans to divest its 50.1% share in Eagle Ford Shale Midstream (EFS Midstream) business, a joint venture in which Reliance Industries, via an...
http://www.chemweek.com/newsletters/cbd/Pioneer-Reliance-to-divest-EFS-Midstream-joint-venture_65146.html
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