IHS Chemical Week

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July 2, 2014
Albany Molecular Research Inc. (AMRI; Albany, NY) says that it has completed the previously announced acquisition of Oso Biopharmaceuticals Manufacturing (OsoBio; Albuquerque, NM)...
http://www.chemweek.com/regions/north_america/us/AMRI-completes-acquisition-of-OsoBio_62201.html
July 2, 2014
A. Schulman reports net income from continuing operations of $19.1 million, up almost four-fold year-over-year (YOY) from $5.2 million for the company's fiscal third quarter, which ended 31 May. Net sales totaled $645.7 million, up 18% YOY from $548.6 million....
http://www.chemweek.com/regions/north_america/Schulman-net-income-soars-on-stronger-demand-acquisitions_62200.html
July 1, 2014
PPG announced today that its North American architectural coatings business has completed acquiring Masterwork Paint (Pittsburgh), an architectural paint distributor. The 13-store...
http://www.chemweek.com/regions/north_america/PPG-acquires-Masterwork-paint-stores_62186.html
July 1, 2014
Praxair announced today that it is increasing gas prices in the United States, Canada, and Puerto Rico, effective 15 July. Prices will increase up to 15% for nitrogen, oxygen...
http://www.chemweek.com/regions/north_america/Praxair-increases-gas-prices_62185.html
July 1, 2014
FMC announced that, effective 1 August or as contracts permit, it will increase list and off-list soda ash prices by $15/short ton for all grades of soda ash. The increase applies to...
http://www.chemweek.com/regions/north_america/FMC-increases-soda-ash-prices_62184.html
July 1, 2014
PotashCorp says it has begun the recall process at the company's Lanigan, SK, potash mine to reinstate 47 permanent employees. "The recall reflects ongoing tightness in the...
http://www.chemweek.com/regions/north_america/PotashCorp-recalls-more-workers_62180.html
July 1, 2014
Mitsubishi Rayon says that its subsidiary Mitsubishi Rayon Carbon Fiber and Composites (Irvine, CA) will expand carbon fiber production capacity at its manufacturing site at...
http://www.chemweek.com/regions/north_america/us/Mitsubishi-Rayon-to-double-production-capacity-at-carbon-fiber-plant-in-California_62173.html
July 1, 2014
Quaker Chemical (Conshohocken, PA) says that it has acquired the remaining 49% interest in its Australian affiliate, Quaker Chemical Australasia (QCA; Seven Hills, Australia), from its...
http://www.chemweek.com/regions/north_america/us/Quaker-buys-out-partner-in-Australian-JV_62172.html
July 1, 2014
Ashland and Clariant say that they have completed the previously announced sale of their foundry chemicals joint venture, ASK Chemicals (Hilden, Germany), to investment funds...
http://www.chemweek.com/regions/north_america/us/Ashland-and-Clariant-sell-foundry-chemicals-JV-to-private-equity-firm-Rhone_62169.html
July 1, 2014
Kraton Performance Polymers today notified LCY Chemical (Taipei) that its board of directors intends to withdraw its recommendation that Kraton stockholders approve the previously...
http://www.chemweek.com/regions/north_america/us/Kraton-rethinks-merging-with-LCY-Chemicals-SBC-business_62155.html
June 30, 2014
W. R. Grace announced today that it has appointed Albert F. Beninati Jr. president of its $1.1 billion Grace Catalysts Technologies segment, which develops and manufactures catalysts...
http://www.chemweek.com/regions/north_america/Grace-taps-former-Univar-executive-to-lead-catalysts-unit_62168.html
June 30, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) plans to begin a 100,000-m.t./year expansion of  its Cedar Bayou normal alpha-olefins (NAO; also called linear alpha-olefins) plant in Baytown, TX, in July 2015. The company says its board has approved the project, which has already obtained the necessary environmental permit from the Texas Commission on Environmental Quality (TCEQ)....
http://www.chemweek.com/regions/north_america/CPChem-gets-greenlight-for-Cedar-Bayou-normal-alpha-olefins_62158.html
June 30, 2014
PPG Industries has reached a definitive agreement to acquire Consorcio Comex (Mexico City), a leading Mexican producer of architectural and industrial coatings, for $2.3 billion. The...
http://www.chemweek.com/regions/north_america/us/PPG-Industries-to-acquire-Mexicos-Comex-for-$2-3-billion_62154.html
June 27, 2014
Univar filed late Friday for an initial public offering (IPO). The number of shares and price range for the offering have not yet been determined. Proceeds will be used to repay long-term debt, Univar says....
http://www.chemweek.com/regions/north_america/us/Distributor-Univar-files-for-IPO_62141.html
June 27, 2014
Monsanto today announced it issuing $4.5 billion in senior bonds in several tranches, with a variety of maturity dates and interest rates. The largest tranche is worth $1 billion, will...
http://www.chemweek.com/regions/north_america/Monsanto-issues-debt-to-fund-accelerated-share-buyback_62140.html
June 27, 2014
Univar will soon select Deutsche Bank, Goldman Sachs, and Bank of America to underwrite Univar's anticipated initial public offering (IPO), according to a Reuters report. Univar...
http://www.chemweek.com/regions/north_america/Report-Univar-to-select-banks-for-IPO_61765.html
June 27, 2014
Dow Chemical will begin constructing its 1.5-million m.t./year Freeport, TX, ethylene plant on 30 June. The project, which received final permitting approval from EPA in May, remains on track for start-up in the first half of 2017....
http://www.chemweek.com/regions/north_america/us/Dow-nears-start-of-construction-on-Freeport-ethane-cracker_62019.html
June 27, 2014
FMC announced today it is cutting its second-quarter and full-year earnings guidances, to 95 cts–$1.05/share and $4.10–4.30/share, respectively. The decreases are about...
http://www.chemweek.com/regions/north_america/FMC-cuts-earnings-guidance-as-ag-weakness-continues_61972.html
June 27, 2014
DuPont cut its second-quarter and full-year earnings outlook, citing a lower-than-expected quarterly performance from its agriculture segment and, to a lesser extent, its performance...
http://www.chemweek.com/regions/north_america/DuPont-cuts-outlook-on-weak-ag-results_62090.html
June 27, 2014
Velocys (Oxford, UK) has acquired small-scale gas-to-liquids (GTL) developer Pinto Energy (Houston) and the Ashtabula, OH, GTL project that Pinto Energy is developing, Velocys says...
http://www.chemweek.com/regions/north_america/Velocys-acquires-Pinto-Energy-and-Ashtabula-port-GTL-project_62125.html
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