IHS Chemical Week

Archives :: Regions :: North America

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June 15, 2015
Westlake Chemical has created a Web site focused on proposed IRS regulations that it says threaten the eligibility of Westlake Chemical Partners (WLKP) to receive key tax benefits....
http://www.chemweek.com/regions/north_america/Westlake-creates-Web-site-focused-on-threat-of-proposed-IRS-regulations_71280.html
June 12, 2015

During the week ended 6 June, chemical railcar traffic in North America fell year-over-year (YOY) on declines in the United States. For all of North America, chemical railcar traffic during the week totaled 42,174 carloads, flat from the previous week, and down 4.4% YOY, according to data released by the Association of American Railroads (AAR) https://www.aar.org/. Chemical railcar traffic in North America is up 0.8% for the year to date, versus a 2.3% decrease in all railcar traffic, according to AAR.

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http://www.chemweek.com/regions/north_america/North-America-weekly-chemical-rail-traffic-down_71235.html
June 12, 2015
Argex Titanium (Montreal) says that it will consider plans to seek joint-venture partners for a project to build a titanium dioxide (TiO2) plant at Valleyfield, PQ. The project would...
http://www.chemweek.com/regions/north_america/Argex-may-invite-partners-for-TiO2-project-seeks-financing-for-FEED-phase_71266.html
June 12, 2015
Hess Corp. (New York) has agreed to sell a 50% interest in its Bakken midstream assets to Global Infrastructure Partners (New York) for $2.675 billion in cash to create a new joint venture, Hess Infrastructure Partners. Hess expects the deal to be completed early in the third quarter of 2015....
http://www.chemweek.com/regions/north_america/Hess-sells-50-percent-interest-in-Bakken-midstream-assets_71234.html
June 12, 2015
International Flavors & Fragrances (IFF), a creator of flavors and fragrances for consumer products, says that it has made a binding offer for the acquisition of Lucas Meyer...
http://www.chemweek.com/regions/north_america/canada/IFF-to-acquire-cosmetics-ingredients-company-based-in-Canada_71232.html
June 12, 2015
Pacific Ethanol (Sacramento) and Aventine Renewable Energy Holdings (Pekin, IL) have announced that their respective stockholders approved the proposed merger of the two companies, at...
http://www.chemweek.com/regions/north_america/Shareholders-of-Pacific-Ethanol-Aventine-clear-merger_71229.html
June 12, 2015
Pacific NorthWest LNG (PNW LNG) says it plans to proceed with final investment decision (FID) for its export-oriented liquefied natural gas project in British Columbia (BC) subject to...
http://www.chemweek.com/regions/north_america/Petronas-led-consortium-to-build-LNG-complex-in-British-Columbia_71225.html
June 12, 2015
Williams Partners' has achieved on-spec ethylene this week at its Geismar, LA, olefins plant, according to market participants. A source close to the company said last week that the...
http://www.chemweek.com/regions/north_america/Williams-Geismar-unit-achieves-on-spec-ethylene_71202.html
June 11, 2015

Williams Partners (Tulsa, OK) says that it has completed the acquisition of an additional 13% equity interest in Utica East Ohio Midstream from EV Energy Partners for $357 million. Williams Partners now owns a 62% interest in the company, which operates natural gas gathering, processing, fractionation, and storage assets.

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http://www.chemweek.com/regions/north_america/Williams-Partners-increases-interest-in-Utica-East-Ohio-Midstream-to-62-percent_71201.html
June 11, 2015
Omnova Solutions says it is shutting down styrene butadiene (SB) latex production at its facilities in Calhoun, GA and Mogadore, OH, as part of a cost-cutting program expected to save...
http://www.chemweek.com/regions/north_america/Omnova-to-shutter-SB-latex-production-in-Georgia-and-Ohio_71186.html
June 11, 2015
LanzaTech (Chicago), a carbon recycling company, says that it has appointed Jean Paul Michel as executive v.p./strategy, finance and operations. Michel joins LanzaTech from Osram...
http://www.chemweek.com/regions/north_america/us/LanzaTech-appoints-executive-v-p-strategy-finance-and-operations_71173.html
June 11, 2015
Vopak and Inter Pipeline (Calgary, AB), a transportation and storage company, say that Inter Pipeline has completed the acquisition of four petroleum and petrochemical storage...
http://www.chemweek.com/regions/north_america/canada/Canadian-firm-acquires-Vopaks-petroleum-and-petrochemical-terminals-in-Sweden_71166.html
June 11, 2015
The Goodyear Tire & Rubber Co. (Akron, OH) says that it has reached a supply agreement with Yihai Food and Oil Industry in China for silica derived from rice husk ash. Goodyear...
http://www.chemweek.com/regions/north_america/us/Goodyear-reaches-supply-agreements-for-rice-husk-ash-silica_71145.html
June 10, 2015

Air Liquide's engineering and construction subsidiary says that it will begin marketing a new natural gas-to-gasoline technology package, G2G, that combines Air Liquide’s Lurgi MegaMethanol technology with ExxonMobil’s proprietary methanol-to-gasoline technology.

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http://www.chemweek.com/regions/north_america/Air-Liquide-ExxonMobil-partner-on-gas-to-gasoline-technology-package_71152.html
June 10, 2015
Propylene inventories grew in the United States in the first week of June, according to data released by the Energy Information Administration on Wednesday. Propane-propylene stocks...
http://www.chemweek.com/regions/north_america/Propylene-stocks-up-in-US-for-first-week-of-June_71149.html
June 10, 2015
Renewable chemicals maker BioAmber (Minneapolis) says that the construction of its biosuccinic acid (BSA) plant at Sarnia, ON, is “substantially complete.” Commissioning is...
http://www.chemweek.com/regions/north_america/BioAmber-Biosuccinic-acid-plant-at-Sarnia-substantially-complete_71148.html
June 10, 2015
Calumet Specialty Products (Indianapolis) has launched operations in Mexico through a new subsidiary at Huixquilucan, Mexico, the company has announced.  The Mexican operations...
http://www.chemweek.com/regions/north_america/Calumet-commences-distribution-operations-in-Mexico_71147.html
June 10, 2015
Haverhill Chemicals (Houston) is working to secure alternative sources of financing after banks unexpectedly withdrew their support, company sources close to the matter have told IHS...
http://www.chemweek.com/regions/north_america/Haverhill-Chemicals-seeks-alternative-financing-denies-plant-closure-reports_71144.html
June 10, 2015
Private equity firm Apollo Management (New York) says it has agreed to acquire OM Group for about $1.03 billion, or $34/share. Apollo will then sell OM Group’s electronic...
http://www.chemweek.com/regions/north_america/Apollo-to-acquire-OM-Group-for-$1-03-billion-sell-some-segments-to-Platform_70874.html
June 10, 2015
Borregaard (Sarpsborg, Norway) and Rayonier Advanced Materials (RYAM; Jacksonville, FL) said today that they have entered into a non-binding letter to establish a new lignin operation...
http://www.chemweek.com/regions/north_america/Borregaard-and-Rayonier-Advanced-Materials-form-lignin-products-manufacturing-joint-venture_70860.html
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