IHS Chemical Week

Archives :: Regions :: North America

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April 22, 2013
Praxair has signed an agreement with North West Redwater Partnership (NWR; Calgary, AB) to build, own, and operate an air separation facility (ASU) at NWR’s refinery near...
http://www.chemweek.com/regions/north_america/Praxair-to-build-ASU-at-Canadian-refinery_51334.html
April 22, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 14 out of 20 this week. Thus, we continue to post a green banner. Consumer prices down 0.2%; up 1.5%...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-19-April-2013_51338.html
April 22, 2013
Alpek (San Pedro Garza García, Mexico) achieved $77 million in net consolidated income during the first quarter of 2013, down 20% on the $96-million income reported during the...
http://www.chemweek.com/regions/north_america/Alpeks-first-quarter-net-income-down-20-percent_51333.html
April 22, 2013
In the latest salvo in the ongoing A. Schulman– Ferro fight, Schulman management today issued a statement refuting a letter Ferro sent to its shareholders last week. Schulman...
http://www.chemweek.com/regions/north_america/Schulman-responds-to-Ferro-shareholder-letter_51337.html
April 22, 2013
Mitsubishi Chemical says that it has acquired compounding business Comtrex (Warren, MI). Financial terms were not disclosed. Comtrex has been engaged in the polyvinyl chloride (PVC)...
http://www.chemweek.com/regions/north_america/us/Mitsubishi-Chemical-acquires-US-compounding-business_51321.html
April 19, 2013
Praxair announced is has successfully implemented its CONOx emissions control technology at Valero’s (San Antonio) refinery at Ardmore, OK. The technology helps the...
http://www.chemweek.com/regions/north_america/Praxair-implements-emission-control-technology-at-Oklahoma-FCC-unit_51311.html
April 19, 2013
Honeywell’s performance materials and technologies (PMT) unit reports segment profit of $319 million for the company’s fiscal first quarter, ended 31 March, a 17% increase...
http://www.chemweek.com/regions/north_america/UOP-lifts-Honeywells-first-quarter-profits_51308.html
April 19, 2013
Albemarle’s first-quarter results fell short of analysts’ estimates as all three of its business units posted double-digit profit declines year-over-year. The company...
http://www.chemweek.com/regions/north_america/Albemarle-profits-fall-27-percent-miss-estimates_51260.html
April 19, 2013
Air Liquide has signed an agreement with the French Alternative Energies and Atomic Energy Commission (CEA; Paris), to develop a second-generation biofuel production unit in France...
http://www.chemweek.com/regions/north_america/Air-Liquide-signs-contract-to-develop-second-generation-biofuel-plant-in-France_51304.html
April 19, 2013
Sherwin-Williams (SW) reports first-quarter gains on strong demand for architectural paint at its retail paint stores and reaffirmed its forecast for more than 20% profit annual...
http://www.chemweek.com/regions/north_america/Retail-business-lifts-Sherwin-Williams-first-quarter-profits_51281.html
April 18, 2013
Celanese posted first-quarter net income of $142 million, a decline of 26% due mainly to a significant favorable tax benefit in the year-ago quarter. Excluding charges, Celanese says that adjusted Ebit and earnings were significantly higher. Reported adjusted earnings were $1.14/share, up 44% from the year-ago period and well above the consensus estimate of 78 cts. Adjusted Ebit for the quarter totaled $269 million. Sales of $1.6 billion reflected a year-on-year (YOY) decrease of 1.7%....
http://www.chemweek.com/regions/north_america/Celanese-adjusted-earnings-up-44-percent-on-margin-expansion_51300.html
April 18, 2013
In an effort to win a proxy fight with investors FrontFour Capital and Quinpario Partners, Ferro has sent an additional letter to shareholders detailing what the company calls the...
http://www.chemweek.com/regions/north_america/Ferro-sends-additional-letter-to-shareholders-dissident-investors-respond_51285.html
April 18, 2013
Sensient Technologies (Milwaukee) reported a drop in net income and earnings per share due to restructuring costs—announced in February—as reported in their first quarter...
http://www.chemweek.com/regions/north_america/Sensient-earnings-fall-on-restructuring-charges-sales-reported-flat_51298.html
April 18, 2013
Cytec has announced first-quarter earnings down 36.9% YOY, to $33.5 million, or 73 cts/share, on sales up 26.3%, to $477.4 million. Excluding special items, however, earnings rose...
http://www.chemweek.com/regions/north_america/Cytec-earnings-fall-short-of-estimates-guidance-cut-due-to-economic-risk_51297.html
April 18, 2013
PPG has reported first-quarter adjusted net income of $235 million, or $1.58/share, on sales that were flat, at $3.33 billion. Adjusted net income rose 8.8% from the year-ago quarter...
http://www.chemweek.com/regions/north_america/PPG-beats-estimates-on-steady-sales_51283.html
April 18, 2013
Shin-Etsu says it will enter the US market for solution vinyl resins, a component in the manufacturing of paints, coatings, inks, adhesives, and films. Shin-Etsu's Nissin Chemical...
http://www.chemweek.com/regions/north_america/us/Shin-Etsu-enters-US-solution-vinyl-resin-market_51277.html
April 18, 2013
AkzoNobel reports a 13% drop in first-quarter net income from continuing operations at €96 million ($125.2 million) on 7% lower revenues, of €3.47 billion, citing weak demand...
http://www.chemweek.com/regions/north_america/AkzoNobel-hit-in-first-quarter-by-weak-European-demand-sees-no-early-pickup_51267.html
April 18, 2013
Incitec Pivot Ltd. (IPL; Melbourne) has approved an $850-million investment for the construction of an 800,000-m.t./year ammonia manufacturing plant at Waggaman, LA, IPL announced...
http://www.chemweek.com/regions/north_america/Incitec-Pivot-approves-world-scale-ammonia-project-in-Louisiana_51246.html
April 18, 2013
Several people are feared dead and more than a hundred injured after a huge explosion and fire at a fertilizer plant at West, TX, say local press reports. The explosion occurred at...
http://www.chemweek.com/regions/north_america/us/Several-feared-dead-and-over-a-hundred-injured-following-explosion-at-fertilizer-plant-in-Texas_51263.html
April 17, 2013
Moderate economic growth in North America is supporting credit ratings at US and Canadian chemicals companies, according to credit ratings service Standard & Poor’s (S&P...
http://www.chemweek.com/regions/north_america/S-and-P-Chemicals-credit-quality-supported-by-economic-growth_51262.html
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