IHS Chemical Week

Archives :: Regions :: North America

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February 19, 2014
Actavis (Dublin) and Forest Laboratories (New York) say that they have entered into a definitive agreement under which Actavis will acquire Forest for a combination of cash and equity...
http://www.chemweek.com/regions/north_america/us/Actavis-to-acquire-Forest-Laboratories-for-$25-billion_58895.html
February 19, 2014
CB&I says that CF Industries has awarded it a contract, valued at about $100 million, under which CB&I will construct and fabricate components for CF's...
http://www.chemweek.com/regions/north_america/us/CB-and-I-awarded-construction-fabrication-contract-for-CF-Industries-project_58892.html
February 18, 2014
Terra Nitrogen LP reported fourth quarter net earnings of $113.6 million, down 24% year-over-year (YOY) on sales down 17%, to $168 million. The company says results for the...
http://www.chemweek.com/regions/north_america/Terra-Nitrogen-reports-weak-quarter-on-price-slump_58889.html
February 18, 2014
Weak fertilizer prices pushed CF Industries’ earnings lower in the fourth quarter, with the company reporting net income of $325.8 million, down 30% year-over-year (YOY)...
http://www.chemweek.com/regions/north_america/CF-Industries-earnings-slump-on-weak-fertilizer-market_58888.html
February 18, 2014
Biobased plastics firm Cereplast (Seymour, IN) announced yesterday that it has filed for Chapter 11 protection in the United States Bankruptcy Court for the Southern District of...
http://www.chemweek.com/regions/north_america/Cereplast-files-for-bankruptcy_58887.html
February 18, 2014
Stepan today reported net income down 30.5% year-on-year (YOY), to $10.7 million, on sales up 11%, to $474.3 million. Excluding restructuring and deferred compensation expenses, net...
http://www.chemweek.com/regions/north_america/Stepan-earnings-miss-estimates_58876.html
February 18, 2014
Calgon Carbon announced today that its board as named Randall Dearth, current CEO of the company, as chairman, effective 1 May. Dearth will replace Seth Schofield, who announced his...
http://www.chemweek.com/regions/north_america/Calgon-Carbon-CEO-named-board-chairman_58875.html
February 18, 2014
Westlake Chemical has declared a two-for-one split of the company's common stock and increased the quarterly cash dividend by 12%, to 25.2 cts/share, on a presplit basis....
http://www.chemweek.com/regions/north_america/Westlake-declares-stock-split-increases-dividend-12-percent_58869.html
February 18, 2014

Two activist New York hedge funds have made new moves to assert influence over the strategic direction of Williams Companies (Tulsa, OK), increasing their stake in the firm and hiring an investment bank.

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http://www.chemweek.com/regions/north_america/Activist-hedge-funds-increase-stake-in-Williams-Companies_58848.html
February 18, 2014
Sigma-Aldrich says that it has appointed Darryl Goss as president of SAFC Hitech. SAFC Hitech is the electronic chemical division within SAFC Commercial and focuses on providing custom...
http://www.chemweek.com/regions/north_america/us/Sigma-Aldrich-appoints-president-of-SAFC-Hitech_58866.html
February 18, 2014
Maire Tecnimont (Rome) announced today that its Tecnimont USA subsidiary has signed a collaboration agreement with Foster Wheeler USA covering front-end engineering design (FEED) and...
http://www.chemweek.com/regions/north_america/Tecnimont-forms-engineering-alliance-with-Foster-Wheeler-covering-work-in-North-America_58863.html
February 18, 2014
PolyOne says it has appointed Cathy Dodd as v.p./marketing. She succeeds Julie McAlindon, who was promoted to president of PolyOne's designed structures and solutions following the...
http://www.chemweek.com/regions/north_america/us/PolyOne-appoints-new-v-p-marketing_58860.html
February 18, 2014
Mosaic announced on 14 February that it had entered into a share-repurchase agreement with “certain Cargill family trusts” to buy about 8.2 million shares of Class A stock...
http://www.chemweek.com/regions/north_america/Mosaic-buys-back-8-2-million-shares-from-Cargill-trusts_58847.html
February 18, 2014
Toray Industries announced on Monday that it purchased about 400 acres of commercial land in Spartanburg County, SC for its future business expansion in the United States. Toray...
http://www.chemweek.com/regions/north_america/Toray-Industries-acquires-land-in-the-US-will-invest-close-to-$1-billion-Update_58855.html
February 17, 2014
Novartis announced today that it is buying CoStim Pharmaceuticals (Cambridge, MA), a privately held biotechnology company focused on harnessing the immune system to eliminate...
http://www.chemweek.com/regions/north_america/Novartis-to-acquire-biotech-company-CoStim-Pharmaceuticals_58852.html
February 14, 2014
Chemicals sector rail traffic in North America fell 0.4% year-on-year (YOY), to 42,338 cars, during the week ended 8 February, according to the Association of American Railroads (AAR...
http://www.chemweek.com/regions/north_america/Chemicals-sector-rail-traffic-declines-0-4-percent_58836.html
February 14, 2014
CP Kelco announced today that it is expanding capacity by 30% at the company’s pectins plant in Limeira, Brazil. Pectin is a texturizer derived from citrus peels and beet pulp...
http://www.chemweek.com/regions/north_america/CP-Kelco-expanding-pectins-capacity-in-Brazil_58833.html
February 14, 2014
Matheson Tri-Gas (Basking Ridge, NJ), a a subsidiary of Taiyo Nippon Sanso Corp. (TNSC; Shinagawa, Japan), has completed the acquisition of Continental Carbonic Products (Decatur...
http://www.chemweek.com/regions/north_america/Matheson-acquires-US-dry-ice-business-Continental-Carbonic-Products_58829.html
February 14, 2014
Private-equity backed PQ Corp. today filed for an initial public offering (IPO) that could be worth up $450 million, according to US regulatory documents. The company, a maker of...
http://www.chemweek.com/regions/north_america/PQ-files-for-IPO_58758.html
February 14, 2014
Axiall (Atlanta) expects to resume operations at its PHH vinyl chloride monomer (VCM) manufacturing facility in Lake Charles, LA, near the end of the first quarter, the company announce on 6 February....
http://www.chemweek.com/regions/north_america/Axiall-aims-to-restart-Lake-Charles-VCM-before-second-quarter_58601.html
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