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October 29, 2014
Nova Chemicals reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.4 billion, up...
http://www.chemweek.com/newsletters/cbd/Nova-doubles-income_64911.html
October 29, 2014
Praxair reports third quarter net income of $477 million, up 6% year-over-year (YOY) on sales up 4% YOY, to $3.1 billion. Sales grew from higher volumes—including project start-ups...
http://www.chemweek.com/newsletters/cbd/Praxair-earnings-sales-up_64912.html
October 29, 2014
Company Today Yesterday Air Products (APD) 127.79 129.65 Airgas (ARG) 108.35 108.88 Albemarle (ALB) 57.45 57.22 Ashland (ASH) 106.05 106.27 Axiall Corp. (AXLL) 38.66 39.30 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_64913.html
October 29, 2014
Rosneft chairman Igor Sechin and Pirelli chairman Marco Tronchetti Provera have signed a memorandum of understanding that will lead to the production and sales of synthetic rubber in...
http://www.chemweek.com/newsletters/cbd/Rosneft-Pirelli-sign-deal-for-rubber-production-in-Russia_64914.html
October 29, 2014
Yara International (Oslo) has announced plans to invest 2.25 billion Norwegian krone ($350 million) to increase fertilizer capacity at the company’s Porsgrunn, Norway, site. The...
http://www.chemweek.com/newsletters/cbd/Yara-to-expand-Finland-fertilizer-capacity_64915.html
October 29, 2014
BorsodChem (Kazincbarcika, Hungary) says it has started preparations to replace its 125,000-m.t./year mercury-cell chlor-alkali plant at Kazincbarcika with a membrane-cell plant. The...
http://www.chemweek.com/newsletters/cbd/BorsodChem-launches-mercury-cell-replacement_64916.html
October 29, 2014
Qatar Fertilizer Co. (Qafco; Doha), the world’s largest single-site producer of ammonia and urea, has signed a contract with engineering and technology company NIIK (Moscow) for the...
http://www.chemweek.com/newsletters/cbd/Qafco-to-enter-niche-urea-market-with-novel-plant_64917.html
October 29, 2014
Fluor, in a joint venture with Technip, has been awarded an engineering, procurement, and construction management contract by PRPC Utilities and Facilities for the Petronas Refinery...
http://www.chemweek.com/newsletters/cbd/Fluor-Technip-awarded-Rapid-contract-in-Malaysia_64918.html
October 29, 2014
DuPont fired back at activist investor Trian Management in a 28 October letter to shareholders, citing the benefits of maintaining DuPont’s diverse product portfolio and dismissing...
http://www.chemweek.com/newsletters/cbd/DuPont-makes-its-case-against-further-break-up_64906.html
October 29, 2014
All major construction work related to the rebuild of Williams' (Tulsa, OK) damaged steam cracker at Geismar, LA—including an expansion project and safety-related equipment...
http://www.chemweek.com/newsletters/cbd/Williams-rebuilt-and-expanded-LA-cracker-set-to-restart_64907.html
October 29, 2014
Johnson Matthey says that it has entered into an agreement to acquire Clariant's battery materials business for $75 million. The transaction, which is expected to be completed in early...
http://www.chemweek.com/newsletters/cbd/Johnson-Matthey-buying-Clariants-battery-materials-business_64908.html
October 28, 2014
Lean inventories limit crude-led destocking in US and Europe Plummeting crude oil prices ordinarily spark downstream destocking in anticipation of lower raw material prices, but with...
http://www.chemweek.com/newsletters/cbd/Polymers-Lean-inventories-limit-crude-led-destocking-in-US-and-Europe_64871.html
October 28, 2014
Company Today Yesterday Air Products (APD) 129.65 128.64 Airgas (ARG) 108.88 108.59 Albemarle (ALB) 57.22 56.89 Ashland (ASH) 106.27 106.21 Axiall Corp. (AXLL) 39.30 38.54 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_64870.html
October 28, 2014
DuPont today reports a solid gain in third-quarter income as higher volumes and cost-cutting helped offset weaker prices and lower volumes in the ag sector. The company—currently...
http://www.chemweek.com/newsletters/cbd/DuPont-net-income-up-41-percent-stands-by-guidance_64861.html
October 28, 2014
Cronus Chemical (Chicago) has chosen a site in eastern Illinois for the company's previously announced $1.4-billion fertilizer plant and plans to establish its US headquarters in...
http://www.chemweek.com/newsletters/cbd/Report-Cronus-Chemical-selects-site-$1-4-billion-fertilizer-complex_64862.html
October 28, 2014
ACC released its monthly chemical activity barometer (CAB), posting a 0.1% decrease in activity over October, measured on a 3-month moving average basis. Despite the decline, ACC says...
http://www.chemweek.com/newsletters/cbd/ACC-chemical-barometer-falls_64863.html
October 28, 2014
Ecolab today announced third-quarter net income up 18% year-on-year (YOY), to $364.9 million, or $1.19/share, on net sales up 6%, to $3.69 billion. Adjusted net income rose 16% YOY, to...
http://www.chemweek.com/newsletters/cbd/Ecolab-earnings-rise_64864.html
October 28, 2014
Westlake has held a dedication ceremony to celebrate the expansion of the company's Calvert City, KY vinyls complex. Westlake spent in excess of $300 million for the project. The...
http://www.chemweek.com/newsletters/cbd/Westlake-dedicates-KY-expansion_64865.html
October 28, 2014
Polymer resins producer Nuplex Industries (Auckland, New Zealand) today announced that Ian Davis, CFO, will retire at the end of December. The board of Nuplex says that the company has...
http://www.chemweek.com/newsletters/cbd/Nuplex-appoints-new-CFO_64866.html
October 28, 2014
The National Titanium Dioxide Co. (Cristal; Jeddah, Saudi Arabia) announced on 27 October that it has entered into an agreement to acquire the titanium dioxide (TiO 2) assets of...
http://www.chemweek.com/newsletters/cbd/Cristal-to-buy-TiO2-assets-in-China_64867.html
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