IHS Chemical Week

Archives :: Regions :: North America

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February 18, 2015
Tesoro's (San Antonio) board has approved two complementary investments—a mixed xylenes project and a naphtha isomerization project—at the company's Anacortes, WA...
http://www.chemweek.com/regions/north_america/Tesoros-board-approves-mixed-xylenes-project-at-Anacortes_67855.html
February 18, 2015
Innospec has reported net income down 3.0% year-on-year (YOY), to $27.9 million, or $1.11/share, on sales up 20%, to $290.7 million. Ebitda rose 28% YOY, to $49.5 million, while...
http://www.chemweek.com/regions/north_america/Innospec-net-income-declines-despite-higher-sales_67865.html
February 18, 2015
BP said today it has starting training additional replacement workers to supplement the current workforce that has been filling in for striking United Steelworkers (USW) employees. The...
http://www.chemweek.com/regions/north_america/BP-training-replacement-workers-during-USW-strike_67880.html
February 18, 2015
Specialty chemical maker MacDermid has named Scott Benson president, effective 20 February. Benson will have responsibility for all of MacDmermid’s operations, including the...
http://www.chemweek.com/regions/north_america/MacDermid-names-new-president_67878.html
February 18, 2015
Stepan today reported net income down 42% year-on-year (YOY), to $6.2 million, or 27 cts/share, on sales down 4%, to $454.2 million. Adjusted net income totaled $8.8 million, or 38...
http://www.chemweek.com/regions/north_america/Stepan-misses-estimates-on-weak-surfactants-results_67864.html
February 18, 2015
CF Industries reports a drop in fourth-quarter profits as higher selling prices were offset by lower volumes and higher natural gas costs. Net earnings fell 26.8% year-on-year (YOY)...
http://www.chemweek.com/regions/north_america/CF-profits-fall-on-higher-natural-gas-prices_67861.html
February 18, 2015
Automobile organization AAA (Heathrow, FL) says that the US average price for regular unleaded gasoline has increased every day since 27 January for a total of 22 cents/gallon over 22...
http://www.chemweek.com/regions/north_america/US-retail-gasoline-prices-up-for-third-consecutive-week_67846.html
February 17, 2015
The United Steelworkers (USW; Pittsburgh) union says that it will meet with Royal Dutch Shell again tomorrow regarding a new three-year labor contract agreement. USW is still seeking...
http://www.chemweek.com/regions/north_america/Strike-continues-as-USW-Shell-to-meet-on-18-February_67845.html
February 17, 2015
Matheson (Basking Ridge, NJ), a subsidiary of industrial gases company Taiyo Nippon Sanso (Tokyo), says that its newly constructed air separation unit (ASU) at Mesa, AZ, is now fully...
http://www.chemweek.com/regions/north_america/us/Matheson-starts-up-ASU-in-Arizona_67806.html
February 17, 2015
Blank-check firm Platform Specialty Products (Miami) today closed the acquisition of agchems company Arysta LifeScience (Dublin) from private equity firm Permira (London) for $3.51...
http://www.chemweek.com/regions/north_america/Platform-closes-Arysta-LifeScience-acquisition_67837.html
February 17, 2015
Rentech Nitrogen Partners’ board says it has retained Morgan Stanley (New York), an investment bank, in an effort to consider “strategic alternatives” for the...
http://www.chemweek.com/regions/north_america/Rentech-Nitrogen-retains-bank-to-explore-strategic-alternatives_67835.html
February 17, 2015
DuPont today sent a letter to investors criticizing activist hedge fund Trian Fund Management (New York) and reiterating its argument in favor of management’s strategy. The...
http://www.chemweek.com/regions/north_america/DuPont-slams-Trian-in-investor-letter_67834.html
February 16, 2015
Plant Impact Plc today announced that it has signed an agreement with Bayer CropScience to develop yield-enhancing technologies for soy cultivation.  The agreement encompasses a...
http://www.chemweek.com/regions/north_america/Bayer-CropScience-and-Plant-Impact-sign-soy-deal-covering-the-Americas_67815.html
February 13, 2015

Enterprise Products Partners says the $5.90-billion merger of subsidiary Enterprise Products with Oiltanking Partners has been completed. Oiltanking shareholders approved the move on 13 February.

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http://www.chemweek.com/regions/north_america/Enterprise-Products-Oiltanking-Partners-complete-$5-9-billion-merger_67782.html
February 13, 2015
Avery Dennison has named Anne Bramman senior v.p. and CFO, replacing Mitchell Butier, who has been named president and COO. Bramman joins Avery Dennison from Carnival Cruise Line...
http://www.chemweek.com/regions/north_america/Avery-Dennison-names-new-CFO_67780.html
February 13, 2015
US gasoline inventories were up in the week that ended on February 6, while production came down, according to data released by the Energy Information Administration on Wednesday...
http://www.chemweek.com/regions/north_america/US-gasoline-stocks-up-as-production-and-consumption-declines_67773.html
February 13, 2015
Propylene inventories in the United States were stable in the week ended 6 February, according to data released by the US Energy Information Administration (EIA; Washington). US...
http://www.chemweek.com/regions/north_america/Propylene-stocks-stable-in-US_67774.html
February 12, 2015
Albany Molecular (AMRI) today announced several key leadership changes. Steven Hagen, senior v.p./manufacturing and pharmaceuticals, has been given oversight of the company’s...
http://www.chemweek.com/regions/north_america/AMRI-shuffles-leadership-roles_67772.html
February 12, 2015

During the week ended 7 February, chemical railcar traffic in North America declined from the previous week, but it increased year-over-year (YOY), with a particularly strong gain in Canada. For all of North America, chemical railcar traffic during the week totaled 43,880 carloads, a sequential decline of 1.6%, but an increase of 3.8% year-over-year (YOY), according to data released on 11 February by the American Association of Railroads (AAR).

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http://www.chemweek.com/regions/north_america/Weekly-chemical-rail-traffic-in-North-America-up-3-8-percent-YOY_67759.html
February 12, 2015
TPC Group (Houston) says its board has approved funds for front end engineering and design (FEED) work to finalize the design and estimated cost of a third polyisobutylene (PIB) production unit...
http://www.chemweek.com/regions/north_america/us/TPC-to-finalize-design-cost-of-third-polyisobutylene-unit_67769.html
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