IHS Chemical Week

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March 5, 2015
Valero Energy (San Antonio), the largest independent refiner in the United States, has not included a previously announced methanol project in Louisiana in the company’s capital...
http://www.chemweek.com/regions/north_america/Valeros-methanol-project-is-delayed_68345.html
March 5, 2015
The strengthening US dollar will be a mild negative for the credit for major US chemical companies, according to a new report by Moody’s Investors Service (New York), a ratings...
http://www.chemweek.com/regions/north_america/Moodys-strong-dollar-mildly-negative-for-US-chemical-companies_68346.html
March 5, 2015

Olin says normal production of chlorine and chemically pure salt at the company's McIntosh, AL, facility has resumed, and that the company is lifting a force-majeure declaration made on 10 February. Olin says it remains on order control for chlorine owing to tight supply in its overall system.

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http://www.chemweek.com/regions/north_america/Olin-lifts-force-majeure-on-chlorine-salt-from-McIntosh-facility_68344.html
March 5, 2015
Trinseo reports a net loss for the fourth quarter of $30 million, down from a net profit of $11 million in the year-ago quarter, largely the result of inventory revaluation driven by declining crude oil prices. Sales totaled $1.12 billion, down 10% year-over-year (YOY) from $1.24 billion on lower raw material costs and currency effects. Adjusted earnings came to a loss of 48 cents/share, below analysts’ consensus estimate of a 13-cts/share loss....
http://www.chemweek.com/regions/north_america/Trinseo-swings-to-loss-on-inventory-revaluation-misses-estimates_68342.html
March 5, 2015
Argex Titanium (Montreal) says that its newly created 100%-owned subsidiary, Argex Canada, has awarded an engineering, procurement, and construction (EPC) contract to Técnicas...
http://www.chemweek.com/regions/north_america/Argex-awards-EPC-contract-to-Tecnicas-Reunidas-for-TiO2-project-in-Canada_68338.html
March 5, 2015
Propylene inventories were up in the United States for the week ended 27 February, according to data released by the US Energy Information Administration. It is the third straight week...
http://www.chemweek.com/regions/north_america/Propylene-stocks-up-in-US-for-third-straight-week_68324.html
March 5, 2015
With an industry strike at 14 refineries and chemical plants across the United States still in place, elevated discussions on a national level between the United Steelworkers (USW...
http://www.chemweek.com/regions/north_america/USW-strike-Day-32-National-level-discussions-end-without-agreement-in-place_68325.html
March 5, 2015
AbbVie (Chicago) says that it has signed a definitive agreement to acquire Pharmacyclics (Sunnyvale, CA), a pharmaceutical company that focuses on small-molecule drugs for the...
http://www.chemweek.com/regions/north_america/us/AbbVie-to-acquire-cancer-drugs-producer-Pharmacyclics-for-$21-billion_68334.html
March 5, 2015
Patheon (Durham, NC), a provider of drug development and delivery solutions to the pharmaceutical and biopharma sectors, says that it has reached a definitive agreement to acquire IRIX...
http://www.chemweek.com/regions/north_america/us/Patheon-to-acquire-API-manufacturer-IRIX-Pharmaceuticals_68331.html
March 5, 2015
Huntsman says that it plans to restructure its color pigments business, and that this restructuring includes an expected headcount reduction of 120 positions. The move is part of the...
http://www.chemweek.com/regions/north_america/us/Huntsman-to-cut-120-jobs-in-color-pigments-business_68329.html
March 4, 2015
DuPont and activist hedge fund Trian Fund Management (New York) this week traded barbs over DuPont’s rejection of a universal proxy card for the company’s upcoming board of...
http://www.chemweek.com/regions/north_america/DuPont-Train-spar-over-universal-proxy-card_68326.html
March 4, 2015
Chemical railcar traffic in North America increased 9% year-over-year (YOY) during the week ended 28 February on gains in the United States and Canada....
http://www.chemweek.com/regions/north_america/Weekly-chemical-railcar-traffic-up-9-percent-in-North-America_68323.html
March 4, 2015
Ghisolfi was at the helm when Beta Renewables brought the first commercial-scale second-generation ethanol plant online at Crescentino, Italy....
http://www.chemweek.com/regions/north_america/Beta-Renewables-CEO-Guido-Ghisolfi-passes-away-at-58_68303.html
March 4, 2015
ExxonMobil expects to reduce capital spending over the next three years while starting up 16 major oil and natural gas projects and increasing production, says Rex Tillerson, chairman and CEO....
http://www.chemweek.com/regions/north_america/ExxonMobil-to-reduce-group-capital-spending-through-2017-chemical-business-showing-resilience_68309.html
March 4, 2015
US EPA has approved several new refrigerant substances in coordination with President Obama’s Climate Action Plan, the agency says. The new refrigerants have lower global warming...
http://www.chemweek.com/regions/north_america/EPA-approves-several-new-refrigerants_68305.html
March 4, 2015
Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
http://www.chemweek.com/regions/north_america/Ineos-to-integrate-Ineos-ABS-Styrolution-in-the-Americas-by-year-end_68304.html
March 4, 2015
Axalta today opened an automotive water-based coatings plant in China. The plant, which is adjacent to Axalta’s operations center in Shanghai’s Jiading district, will...
http://www.chemweek.com/regions/north_america/Axalta-opens-water-based-coatings-plant-in-Shanghai_68275.html
March 4, 2015
Sumitomo Chemical says that its wholly owned Valent BioSciences (Libertyville, IL) subsidiary has acquired Mycorrhizal Applications (Grants Pass, OR), the world's largest producer of...
http://www.chemweek.com/regions/north_america/us/Sumitomo-Chemical-acquires-crop-enhancement-products-business-in-US-Update_68293.html
March 4, 2015
Kimberly-Clark Professional, a division of Kimberly-Clark; and Eastman Aviation Solutions, a division of Eastman Chemical, say that they have entered an aviation collaboration that...
http://www.chemweek.com/regions/north_america/Eastman-Kimberly-Clark-enter-aviation-collaboration_68295.html
March 4, 2015
Rennovia (Santa Clara, CA) and Johnson Matthey have entered into a joint agreement for the co-development and manufacture of catalysts to be used in the scale-up and commercialization...
http://www.chemweek.com/regions/north_america/Rennovia-Johnson-Matthey-to-co-develop-and-manufacture-catalysts-for-biobased-adipic-acid-process_68297.html
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