IHS Chemical Week

Archives :: Regions :: North America

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January 23, 2015
Celanese (Dallas, TX) reports a net loss for the fourth quarter of $85 million, down from $654 million in the year-ago period. Net sales totaled $1.6 billion, down 3.5% year-over-year (YOY). Adjusted earnings per share totaled $1.28, up 23% YOY and 9 cents above the analysts’ consensus of $1.19 compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/Celanese-beats-estimates-but-guides-2015-lower_67157.html
January 22, 2015
The US benzene market was firming this week alongside stronger numbers coming out of Asia, position taking ahead of the upcoming February contract settlement; as well as planned and...
http://www.chemweek.com/regions/north_america/US-benzene-firms-well-above-$2-00gal-mark_67127.html
January 22, 2015
Boardwalk Pipeline said on Thursday that the work to remove the in-line inspection tool that was stuck on the Evangeline ethylene pipeline should be completed by the end of this...
http://www.chemweek.com/regions/north_america/Inspection-tool-to-be-removed-from-Evangeline-Pipeline-by-end-week_67126.html
January 22, 2015
Enterprise Products Partners will proceed with the expansion of the Panola Pipeline Company natural gas liquids (NGL) system. Shipper commitments obtained during a recent open season are sufficient to support the project, which will increase the system’s capacity by 50,000 bbl/day, the company says....
http://www.chemweek.com/regions/north_america/us/Enterprise-to-expand-Panola-NGL-pipeline-by-50000-bblday_67116.html
January 22, 2015
LyondellBasell says three senior executives – Timothy D. Roberts, Patrick D. Quarles and Kevin W. Brown – have assumed expanded roles within the company....
http://www.chemweek.com/regions/north_america/us/LyondellBasell-expands-role-of-three-senior-executives_67007.html
January 22, 2015
Matheson (Basking Ridge, NJ), a subsidiary of industrial gases company Taiyo Nippon Sanso (Tokyo), says that it has entered into an agreement with Sasol to supply tonnage oxygen and...
http://www.chemweek.com/regions/north_america/us/Matheson-to-build-ASU-to-supply-gases-for-Sasols-ethane-cracker-in-Louisiana_67073.html
January 22, 2015
BASF said today that it plans to invest up to €56 million ($64.9 million) to expand capacity of its polyvinylpyrrolidone (PVP) value chain over the next four years. PVP is used in...
http://www.chemweek.com/regions/north_america/BASF-plans-worldwide-expansion-of-polyvinylpyrrolidone-production_67070.html
January 22, 2015
Sumitomo Chemical and Universal Display Corp. (Ewing, NJ) say that they have signed an organic light emitting diode (OLED) technology license agreement. Universal Display, which was...
http://www.chemweek.com/regions/north_america/us/Sumitomo-Chemical-and-Universal-Display-sign-technology-license-agreement-for-OLED-lighting-devices_67068.html
January 21, 2015
LyondellBasell Industries has shut down three propylene oxide (PO) units at the company's Bayport complex at Pasadena, TX, market sources say. The Bayport propylene oxide/tert-butyl...
http://www.chemweek.com/regions/north_america/LyondellBasell-idles-PO-units-at-Bayport-following-oxygen-pressure-loss_67063.html
January 21, 2015
Anellotech (Pearl River, NY), a green innovation and technology company, IFP Energies nouvelles (IFPEN) and its subsidiary Axens today announced a strategic alliance to develop and...
http://www.chemweek.com/regions/north_america/Anellotech-IFP-and-Axens-form-alliance-to-commercialize-biobased-aromatics-technology_66965.html
January 21, 2015

Mexichem (Tlalnepantla, Mexico) is appealing a ruling by the US International Trade Commission (ITC) that the import of the refrigerant hydrofluorocarbon (HFC)-134a from China does not harm the refrigerant gas industry in the United States. Chinese producers of the refrigerant, also known as R-134a and 1,1,1,2-tetrafluorethane, could have been hit with hefty antidumping duties of 280.67% and antisubsidy duties averaging 11.14%, after an affirmative determination by the US Department of Commerce on 15 October 2014.

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http://www.chemweek.com/regions/north_america/Mexichem-appeals-ITC-ruling-that-China-did-not-dump-HFC-134a-in-US-market_67016.html
January 21, 2015
Linde has begun the process for a major overhaul of two air separation units (ASUs) in North America after renewing long-term contracts with tonnage customers.  Linde says it has...
http://www.chemweek.com/regions/north_america/us/Linde-to-upgrade-two-air-separation-units_67009.html
January 21, 2015
Cabot says it reorganizing its reporting segments, adding performance chemicals and specialty fluids to the already-existing reinforcement materials and performance solutions segments...
http://www.chemweek.com/regions/north_america/Cabot-to-realign-reporting-segments_67049.html
January 21, 2015
Petroleos Mexicanos (Pemex) is seeking to make annualized savings of more than 21.3 billion pesos ($1.45 billion) over the next four years by consolidating the company's supply and...
http://www.chemweek.com/regions/north_america/Pemex-seeks-$1-45-billion-in-savings-over-four-years_67046.html
January 21, 2015
Renewable chemicals firm Green Biologics (GBL) (Gahanna, OH) announced today that it has closed an internal follow-on equity round of $42 million and raised an additional $34 million...
http://www.chemweek.com/regions/north_america/Green-Biologics-raises-$76-million_67047.html
January 21, 2015
BASF today said that it will raise its global capacity for 1,4-butanediol (BDO) to 670,000 m.t./year from the current 650,000 m.t./year. The expansion includes a 10% capacity hike at...
http://www.chemweek.com/regions/north_america/BASF-to-raise-butanediol-capacity-at-Geismar_67036.html
January 21, 2015
Stepan says that it has sold its specialty polyurethane systems business to J6 Polymers. The 2014 net sales associated with this business were $2.8 million. The sale was for cash and...
http://www.chemweek.com/regions/north_america/us/Stepan-sells-its-specialty-polyurethane-systems-business_67031.html
January 21, 2015
BHP Billiton (Melbourne) reiterated today that it will increase shale liquid volumes by 50% by the end of the company's fiscal 2015 despite lowering its US rig count. Citing weaker oil...
http://www.chemweek.com/regions/north_america/BHP-confident-of-boosting-US-shale-production-despite-rig-cut_67024.html
January 20, 2015
Bayer CropScience says it has has received registration for its new insecticide Sivanto from EPA. Sivanto, which was developed to control devastating sucking pests on fruits and...
http://www.chemweek.com/regions/north_america/Bayer-CropSciences-new-Sivanto-insecticide-receives-US-registration_67003.html
January 20, 2015
Omnova Solutions today reported fourth-quarter net income of $5.1 million, or 11 cts/share, down 35.4% year-on-year (YOY), on sales up 3.7%, to $243 million. Adjusted income from...
http://www.chemweek.com/regions/north_america/Omnova-earnings-decline-but-beat-estimates_67015.html
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