IHS Chemical Week

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January 12, 2015
Albany Molecular Research Inc. (AMRI; Albany) says that it has entered into several development and supply agreements with Genovi Pharmaceuticals, a specialty generic pharmaceutical...
http://www.chemweek.com/regions/north_america/us/AMRI-signs-deal-with-Genovi-for-development-and-manufacturing-of-parenteral-drug-products_66744.html
January 12, 2015
Ablemarle today completed the $6.20-billion acquisition of Rockwood Holdings, which was announced in July 2014. Rockwood will become a wholly owned subsidiary of Albemarle, and...
http://www.chemweek.com/regions/north_america/Albemarle-completes-Rockwood-acquisition_66762.html
January 12, 2015
The United States could more than triple the level of renewable energy in its overall energy by 2030, according to a report published today by the International Renewable Energy Agency...
http://www.chemweek.com/regions/north_america/us/Report-US-could-triple-renewable-energy-by-2030_66747.html
January 12, 2015
Sirius Minerals (London), which is developing a large chlorine-free potash project in the United Kingdom, today announced its first take-or-pay offtake agreement in the animal feed...
http://www.chemweek.com/regions/north_america/Sirius-Minerals-signs-its-first-animal-feed-offtake-deal_66746.html
January 12, 2015
AMEC Foster Wheeler has signed an agreement with D’Arcinoff Group (Washington) to provide engineering and technical services for an integrated, 30,000-bbl/day synthesis...
http://www.chemweek.com/regions/north_america/AMEC-Foster-Wheeler-awarded-syngas-to-liquids-project-in-the-US_66739.html
January 9, 2015
Hedge fund FrontFour Capital (Greenwich, CT) today released a letter criticizing the management of OM Group, accusing the company of generating a poor return on capital, and on...
http://www.chemweek.com/regions/north_america/Hedge-fund-FrontFour-releases-letter-criticizing-OM-Group_66729.html
January 9, 2015
Arsenal Capital’s Royal Adhesives (South Bend, IN) has purchased the assets of Advanced Polymers International (API; Syracuse, NY) from Paper Conversions, Inc. (Syracuse) for an...
http://www.chemweek.com/regions/north_america/Royal-Adhesives-buys-label-adhesive-maker_66720.html
January 9, 2015
Two surprises greeted US Gulf Coast ethylene buyers returning from New Year’s holidays this week: a maintenance shutdown at CPChem’s Cedar Bayou complex in Baytown, TX; and unconfirmed reports of operational issues on Boardwalk’s Evangeline ethylene pipeline. The market took the news from CPChem in its stride, but spot prices fell sharply on rumors about the pipeline....
http://www.chemweek.com/regions/north_america/New-Years-surprises-for-US-Gulf-ethylene-market_66717.html
January 9, 2015
Oil prices have not been low for long enough to curtail chemical production growth in the United States, IHS Chemical says. Brent crude and West Texas Intermediate (WTI) prices began a...
http://www.chemweek.com/regions/north_america/IHS-Low-oil-prices-not-yet-curtailing-chemical-production-in-the-US_66714.html
January 9, 2015
Albany Molecular Research Inc. (AMRI; Albany, NY) says that it has acquired Aptuit’s (Greenwich, CT) Glasgow, UK, business and has entered into a definitive agreement to acquire...
http://www.chemweek.com/regions/north_america/us/AMRI-to-acquire-Aptuits-drug-product-development-and-aseptic-clinical-manufacturing-businesses_66711.html
January 9, 2015
Isobutanol producer Gevo (Englewood, CO) has announced that it produced over 50,000 gal of isobutanol via fermentation at its Luverne, MN, production plant. The company had previously...
http://www.chemweek.com/regions/north_america/us/Gevo-hits-isobutanol-production-target-in-December_66708.html
January 8, 2015
MeadWestvaco (MWV) says it plans a tax-free spin-off of its specialty chemicals business, a maker of pine chemical derivatives for printing inks, adhesives, and asphalt paving, among...
http://www.chemweek.com/regions/north_america/MeadWestvaco-to-spin-off-specialty-chemicals-business_66649.html
January 8, 2015
Compass Minerals (Overland Park, KS) says strong pre-season demand for deicing products more than offset lower in-season demand resulting from below-average snowfall during the fourth quarter of 2014....
http://www.chemweek.com/regions/north_america/Compass-Minerals-says-fourth-quarter-salt-sales-beat-expectations_66619.html
January 7, 2015
Bayer Corporation on Wednesday announced the appointment of Steven Immergut to a newly created senior position leading communications for the company's pharmaceutical business in the...
http://www.chemweek.com/regions/north_america/Bayer-Corporation-names-new-v-p-and-head-of-pharma-communications_66638.html
January 7, 2015
RPM today reported fiscal second-quarter net income of $69.8 million, up 9.8% year-on-year (YOY), on sales that were flat at $1.07 billion. Earnings totaled 52 cts/share, missing...
http://www.chemweek.com/regions/north_america/RPM-misses-estimates-cuts-guidance-despite-rising-income_66617.html
January 7, 2015
The European Commission today published a range of documents related to the Transatlantic Trade and Investment Partnership (TTIP) that it is currently negotiating with the United...
http://www.chemweek.com/regions/north_america/us/EU-Commission-publishes-TTIP-legal-texts-as-part-of-transparency-initiative_66615.html
January 7, 2015
Huntsman says it expects lower crude to benefit profitability and its business to improve in 2015.  “In an environment where oil prices are sustainably low, Huntsman Corp...
http://www.chemweek.com/regions/north_america/us/Huntsman-expects-margin-benefit-from-lower-oil-prices_66613.html
January 7, 2015
Monsanto today reported a 35% slide in first-quarter profits due to lower corn acres in South America and a shift in timing of herbicide sales,  but said it continues to expect...
http://www.chemweek.com/regions/north_america/Lower-corn-acres-stunt-Monsantos-first-quarter-results_66616.html
January 7, 2015
Shanghai Pret Composites says it plans to acquire Wellman Plastics Recycling (WPR; Johnsonville, SC) for $70.5 million in cash. WPR has two business units—engineering resins and...
http://www.chemweek.com/regions/north_america/Chinese-firm-to-buy-Wellman-Plastics-Recycling-for-$71-million_66609.html
January 7, 2015
Mexichem says that it has acquired from DuPont the distribution and sale license for pharmaceutical-grade hydrofluorocarbon (HFC)-227ea/P, a medical propellant. The purchase price was...
http://www.chemweek.com/regions/north_america/us/Mexichem-acquires-distribution-and-sale-license-for-DuPont-pharmaceutical-grade-propellant_66605.html
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