IHS Chemical Week

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February 8, 2016
Pilot Chemical, a maker of surfactants and other specialty chemicals, has named Michael Scott to replace Pam Butcher as president. Butcher, who is current president and CEO, will...
February 5, 2016
The chemical distribution industry has formed an international trade association. The new association, the International Chemical Trade Association (ICTA; Brussels), replaces the...
February 5, 2016
Mexichem (Tlalnepantla, Mexico) has named current president of Mexichem USA Paresh Chari as president of the company’s pipe systems business group. Chari, who spent 20 years at...
February 5, 2016
Minerals Technologies (MTI) has reported fourth-quarter net income down 20% year-on-year, to $17.6 million, as weak oil and steel markets and negative currency impacts more than offset...
February 5, 2016
Dow Corning (Midland, MI) reports fourth-quarter net income of $193 million, up over 400% year-over-year (YOY) from $37 million. Sales declined 12% YOY to $1.47 billion. Adjusted net income declined 23% YOY to $157 million....
February 5, 2016
Sensient Technologies (Milwaukee) has reported sales of $339.2 million in the fourth quarter of 2015, compared with $342.8 million in the corresponding period in 2014. Operating income...
February 5, 2016
The mood among fine and specialty chemical manufacturers is still mostly upbeat, despite sluggish growth or recession in some emerging markets and increasing pressure on prices, according to attendees at Informex 2016, held this week in New Orleans....
February 5, 2016
In the wake of ChemChina's $43.3 billion recommended bid for Syngenta, announced on Wednesday, speculation is growing as to the next, and possibly final, move in the agricultural chemicals consolidation process....
February 4, 2016
The US Department of Commerce has issued a preliminary determination that hydrofluorocarbon (HFC) blends from China are being dumped in the United States. A final determination will come in June. Meanwhile the Commerce Department has imposed antidumping duties of 91.99-210.46% on Chinese exports of HFC blends and their components....
February 4, 2016
Americas Styrenics (AmSty; The Woodlands, TX) says it has cut polystyrene prices. Effective 1 February, the transaction price of general-purpose grades of polystyrene (GPPS) has been reduced by 2 cts/lb, and the transaction price of high-impact grades of polystyrene (HIPS) has been reduced by 3 cts/lb....
February 4, 2016
OxyChem, the chemical segment of Occidental Petroleum, reported pre-tax core earnings for the fourth quarter of $116 million, down 27.5% year-over-year (YOY) from $160 million...
February 4, 2016
W.R. Grace says it has completed its previously announced separation into two, independent companies. GCP Applied Technologies, which includes Grace's former construction products and...
February 4, 2016
The Trans-Pacific Partnership (TPP), a major free trade agreement between 12 nations based in and around the Pacific Ocean, has been signed by government ministers in Auckland. The...
February 4, 2016
BASF has appointed Marcelo Lu as president BASF Canada effective 1 February 2016. He succeeds Carles Navarro, who now heads BASF in Spain and Portugal. Lu will lead BASF Canada’s...
February 4, 2016
Mosaic announced on Wednesday that it will reduce phosphate production in response to current crop nutrient market conditions. The company intends to reduce production by up to 400,000...
February 4, 2016
Turnaround season in the North American styrene market began this week when Americas Styrenics (Amsty) took down a production line at its Donaldsonville, LA, facility for three weeks of planned maintenance. The turnaround is expected to have little impact on the styrene market, as all February contractual material has already been secured by consumers....
February 4, 2016
Monsanto announced the commercial launch of its Roundup Ready 2 Xtend soybeans after receiving import approval in China. The soybeans are now available for US and Canadian...
February 3, 2016
Reform of the United States’ Toxic Substances Control Act (TSCA), along with tariffs and Reach, are among the key regulatory issues for Socma in 2016. The group is optimistic...
February 3, 2016
PolyOne reports net income of $3 million for its fiscal fourth quarter, ended 31 December 2015, up from a loss of $15 million in the year-ago quarter. Adjusted earnings increased 8%...
February 3, 2016
During the week ended 30 January, chemical railcar traffic in North America increased 0.2% year-on-year as a gain in the United States offset a decline in Canada. Volume totaled 44,595 carloads, up 8.5% from the previous week, according to data the Association of American Railroads released on 3 February. For the year to date, chemical railcar traffic in North America is flat versus a 15% decrease in all railcar traffic....
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