IHS Chemical Week

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November 12, 2014
LyondellBasell Industries will invest about €200 million to modernize its petrochemical site at Berre, France, following the permanent closure of the company's refinery at the...
http://www.chemweek.com/people_and_business/companies/LyondellBasell-to-invest-&euro200-million-at-Berre-site_65313.html
November 10, 2014
ACC president Cal Dooley says the midterm elections provide a more favorable policy environment for US chemical makers to carry out US growth and investment plans....
http://www.chemweek.com/people_and_business/companies/ACC-expresses-optimism-on-post-election-TSCA-trade-prospects_65264.html
November 10, 2014
Momentive Specialty Chemicals (MSC) today reported third-quarter Ebitda up 4% year-on-year (YOY), to $125 million, on revenues up 8%, to $1.35 billion. The increases were mostly due to...
http://www.chemweek.com/people_and_business/companies/Momentive-Specialty-Chemicals-reports-earnings-increase_65277.html
November 10, 2014
Idemitsu Kosan (Tokyo) restarted its 687,000-m.t./year steam cracker at Tokuyama, Japan, this weekend, according to media reports. The cracker was offline since October following an...
http://www.chemweek.com/people_and_business/companies/Idemitsu-Kosan-restarts-Tokuyama-cracker_65257.html
November 10, 2014
Dow Chemical says it will appeal a polyurethanes price-fixing class-action judgment to the US Supreme Court. In September, the US Court of Appeals for the Tenth Circuit affirmed a jury verdict awarding the plaintiffs $1.06 billion. Dow asked the court to rehear the case, but on 7 November, the court turned the company down....
http://www.chemweek.com/people_and_business/companies/Dow-to-appeal-polyurethanes-decision-to-US-Supreme-Court_65261.html
November 10, 2014
Platform Specialty Products today commended a $350-million stock offering, the proceeds of which will help fund the $3.5-billion acquisition of Arysta Life Sciences. The offering is...
http://www.chemweek.com/people_and_business/companies/Platform-to-sell-shares-to-fund-Arysta-acquisition_65263.html
November 10, 2014
Advanced Emissions Solutions (ADA-ES; Highlands Ranch, CO) is retaining investment bank Moelis & Company (New York) to advise on options for the use of future cash flows stemming...
http://www.chemweek.com/people_and_business/companies/ADA-ES-retains-banker-to-advise-on-cash-flow-options_65262.html
November 10, 2014
Composite materials supplier Gurit (Zurich) says its CFO, Markus Knüsli Amacker, is to leave the company by May 2015 “by best mutual consent.” Amacker joined Gurit in...
http://www.chemweek.com/people_and_business/companies/Gurit-CFO-Amacker-to-leave-the-company-by-May-2015_65260.html
November 10, 2014
Virent (Madison, WI) and the PlantPET Technology Collaborative (PTC) have announced that they have signed an expression of interest that provides individual members of the PTC an...
http://www.chemweek.com/people_and_business/companies/Virent-PlantPET-Technology-Collaborative-sign-expression-of-interest-on-plant-based-p-xylene_65253.html
November 7, 2014
Rentech Nitrogen has announced a third-quarter net loss of $3.1 million compared with a net loss of $22.3 million in the year-ago quarter on revenues down 9.8% year-on-year (YOY), to...
http://www.chemweek.com/people_and_business/companies/Rentech-Nitrogen-reports-declining-earnings_65227.html
November 7, 2014
Koppers Holdings, a  producer of carbon compounds, chemicals, and treated wood products and services for the aluminum, railroad, specialty chemical, utility, rubber, concrete...
http://www.chemweek.com/people_and_business/companies/Koppers-names-new-CEO_65224.html
November 7, 2014
Appvion (Appleton, WI) says it has launched the first thermal receipt paper using vitamin C. Thermal paper is a paper coated with a reactive layer that changes color when exposed to...
http://www.chemweek.com/people_and_business/companies/Appvion-launches-thermal-paper-using-vitamin-C-rather-than-BPA_65220.html
November 7, 2014
Petrochemical producer TVK (Tiszaújváros, Hungary) says its net sales in third-quarter 2014 were 94.9 billion forint ($381 million) compared with Ft101.8 billion...
http://www.chemweek.com/people_and_business/companies/TVKs-third-quarter-operating-profit-leaps-53-percent-on-sales-down-6-8-percent_65219.html
November 7, 2014
Evonik Industries has announced the management boards of its future legal entities, part of its new structure. The new entities are Evonik Nutrition & Care, Evonik Resource...
http://www.chemweek.com/people_and_business/companies/Evonik-names-management-boards-of-its-new-legal-entities_65226.html
November 6, 2014
Paints and coatings company Tikkurila (Helsinki) says its revenue in the third quarter was €179.6 million ($224.8 million), a decrease of 5.3% compared with sales of €189.6...
http://www.chemweek.com/people_and_business/companies/Tikkurila-sales-Ebit-fall-in-third-quarter-2014-market-continues-to-be-challenging_65179.html
November 6, 2014
Momentive Specialty Chemicals (MSC) says it is building two new formaldehyde plants, both in the US state of Louisiana. Investment in the new plants will total $66 million, with...
http://www.chemweek.com/people_and_business/companies/Momentive-to-build-formaldehyde-plants-in-Louisiana_65207.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/people_and_business/companies/Taminco-beats-estimates-on-higher-sales_65194.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/people_and_business/companies/Tronox-reports-net-loss-on-weak-titanium-slag-market_65192.html
November 6, 2014
Perstorp (Perstorp, Sweden) says it is stepping up its investment into the fast growing bioplastics market. The investments include a pilot plant at Warrington (UK), which is already...
http://www.chemweek.com/people_and_business/companies/Perstorp-to-increase-investment-in-bioplastics_65187.html
November 6, 2014
Perstorp (Perstorp, Sweden) has announced sales of 2.84 billion Swedish krona ($383 million) in the third quarter, up from SK2.65 billion in the corresponding period in 2013, or 7.1%...
http://www.chemweek.com/people_and_business/companies/Perstorp-third-quarter-sales-increase-by-7-percent-profitability-sees-double-digit-jump_65185.html
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