IHS Chemical Week

Archives :: Regions :: North America

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October 16, 2014
“Although we identified very significant operational and structural synergies, we were ultimately unable to agree on terms of a transaction that met the requirements of all our respective shareholders,” says Tony Will, CF president and CEO....
http://www.chemweek.com/regions/north_america/us/CF-and-Yara-end-merger-talks_64570.html
October 16, 2014
The company cut full-year guidance, citing weakness in aerospace and additives....
http://www.chemweek.com/regions/north_america/us/Cytec-net-income-jumps-22-percent_64568.html
October 16, 2014
AbbVie (Chicago) says that its board of directors withdraws its recommendation regarding the proposed acquisition of Shire (Dublin) and instead recommends that stockholders vote...
http://www.chemweek.com/regions/north_america/us/AbbVie-decides-against-Shire-acquisition_64559.html
October 16, 2014
FMC has named K. Kyle Matthews v.p./human resources (HR) and a member of the company's executive committee, effective 27 October. Matthews recently served as senior v.p./HR for...
http://www.chemweek.com/regions/north_america/FMC-names-human-resources-head_64558.html
October 16, 2014
PPG Industries today reported stronger third-quarter net income, with growth across most business segments and regions. Net income of $377 million grew 84% year-on-year (YOY) on sales up 4% YOY, to $3.9 billion. Adjusted earnings per share of $2.82/share were above analyst estimates of $2.75/share, as reported by Thomson Reuters (New York). Adjusted net income, excluding nonrecurring items, was $394 million, up 17% YOY....
http://www.chemweek.com/regions/north_america/PPG-reports-adjusted-earnings-up-17-percent_64557.html
October 16, 2014
BASF has appointed Gerry Podesta as the senior v.p./dispersions and pigments, North America effective 1 November. Podesta succeeds Derek Fairclough, who will lead BASF’s...
http://www.chemweek.com/regions/north_america/BASF-appoints-senior-v-p-leads-in-North-America_64554.html
October 16, 2014
Alpek (Monterrey, Mexico) posted a 17% decline in consolidated Ebitda for the third quarter of 2014 compared with the corresponding period of last year, to $131 million, on sales down...
http://www.chemweek.com/regions/north_america/PTA-PET-producer-Alpek-posts-lower-results-on-weaker-volume-prices_64547.html
October 15, 2014
NuStar Energy (San Antonio) and Pemex affiliate PMI will form a joint venture to develop new pipeline infrastructure to transport liquefied petroleum gases (LPGs) and refined products...
http://www.chemweek.com/regions/north_america/us/NuStar-and-Pemex-plan-US-Mexico-LPG-refined-products-pipeline_64540.html
October 15, 2014
Kinder Morgan Energy Partners today reported third quarter net income of $976 million, an increase of 40% from the year-ago quarter.  “Growth was led by outstanding results...
http://www.chemweek.com/regions/north_america/us/Kinder-Morgan-earnings-gain-40-percent-on-increased-oil-NGL-production_64539.html
October 15, 2014
EPA announced today that it is registering Dow's Enlist Duo herbicide for use on corn and soybeans after a thorough assessment confirmed the product meets the necessary safety...
http://www.chemweek.com/regions/north_america/Dow-gains-final-approval-for-Enlist-herbicide_64525.html
October 15, 2014
AbbVie (Chicago) and Shire (Dublin) have announced that AbbVie is reconsidering its previously announced decision to acquire Shire for £32 billion ($51 billion). AbbVie says it...
http://www.chemweek.com/regions/north_america/us/AbbVie-reconsiders-decision-to-acquire-Shire_64523.html
October 15, 2014
Archer Daniels Midland (ADM; Chicago) has signed an agreement to purchase Specialty Commodities Inc. (SCI; Fargo, ND) for $170 million, subject to postclosing adjustments. SCI works...
http://www.chemweek.com/regions/north_america/ADM-to-acquire-specialty-ingredients-firm-for-$170-million_64519.html
October 15, 2014
UOP said on Tuesday that PennTex North Louisiana, a subsidiary of PennTex Midstream Partners, has selected UOP to engineer, procure, and construct (EPC) a gas processing plant to...
http://www.chemweek.com/regions/north_america/UOP-awarded-second-gas-processing-plant-contract-by-PennTex-signs-MOU-for-third-unit_64516.html
October 15, 2014
A. Schulman says that it has signed an agreement and a strategic partnership with polymer producer Initz (Ulsan, South Korea) to compound and market Initz's Ecotran polyphenylene...
http://www.chemweek.com/regions/north_america/us/Schulman-and-Initz-form-alliance-for-PPS-compounds_64514.html
October 15, 2014
Boardwalk Pipeline Partners has shut down the Evangeline ethylene pipeline to repair a leak discovered on 10 October. The leak, which the company describes as a “small pin-hole,” was found in a rural area in Cameron Parish, LA. The company expects the pipeline, which delivers ethylene from Port Neches, TX, to Baton Rouge, LA, to be back in operation next week....
http://www.chemweek.com/regions/north_america/Boardwalk-shuts-Evangeline-ethylene-pipeline-to-fix-leak_64509.html
October 14, 2014

EPA has published a proposed greenhouse gas prevention of significant deterioration (GHG PSD) permit for M&G Chemicals' (Luxembourg) Corpus Christi, TX, polyethylene terephthalate project, which the company first announced in May 2011. M&G Chemicals plans to build a 1.0-million m.t./year PET plant and a 1.2-million m.t./year plant for the production of feedstock purified terephthalic acid.

...

http://www.chemweek.com/regions/north_america/EPA-publishes-proposed-GHG-PSD-for-M-and-Gs-Corpus-Christi-PET-project_64500.html
October 14, 2014
KMG Chemicals (Houston), a specialty chemical maker, today announced its results for its fourth fiscal quarter, ended 31 July. The company reports a net loss of $822,000, slightly up...
http://www.chemweek.com/regions/north_america/KMG-Chemicals-reports-narrower-loss-in-fiscal-fourth-quarter_64499.html
October 14, 2014
Outgoing European trade commissioner Karel De Gucht has spoken about the "reality" of the negotiations between the European Union and the United States on the Transatlantic...
http://www.chemweek.com/regions/north_america/EU-trade-commissioner-De-Gucht-addresses-the-reality-of-the-EU-US-trade-talks_64496.html
October 14, 2014
FMC has signed unsecured credit agreements that will provide access to as much as $3.5 billion to help fund its $1.8-billion acquisition of agricultural chemicals maker Cheminova (Harboøre, Denmark). FMC’s acquistion of Cheminova is expected to close in early 2015....
http://www.chemweek.com/regions/north_america/us/FMC-completes-credit-agreements-for-$3-5-billion-to-fund-Cheminova-purchase_64497.html
October 14, 2014
Germany’s chemical industry trade association VCI (Frankfurt) has spoken out against a reduced version of the Transatlantic Trade and Investment Partnership (TTIP), the...
http://www.chemweek.com/regions/north_america/us/VCI-speaks-out-against-reduced-scope-of-EU-US-trade-deal_64492.html
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