IHS Chemical Week

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February 13, 2014
Momentive Performance Materials (MPM) announced today that it is raising capacity for its tantalum carbide (TaC) coatings due to rising demand from electronics applications, including...
http://www.chemweek.com/regions/north_america/Momentive-increases-capacity-for-tantalum-carbide-coatings_58816.html
February 13, 2014
Ineos Europe today announced a new ethane purchase agreement with Consol Energy (Pittsburgh). The feedstock will be transported through the Mariner East infrastructure and imported by...
http://www.chemweek.com/regions/north_america/Ineos-signs-agreement-to-buy-ethane-from-Consol-Energy-for-import-into-Europe_58799.html
February 13, 2014
Foster Wheeler (Zug, Switzerland), a leading engineering and construction firm, today announced that it has entered into a definitive agreement with AMEC (London) under which AMEC will...
http://www.chemweek.com/regions/north_america/AMEC-to-acquire-Foster-Wheeler-for-$3-3-billion-creating-an-E-and-C-powerhouse_58794.html
February 13, 2014
Phillips 66 Partners (Houston), a new master limited partnership, has made its first asset acquisition, the $700 million purchase of the Gold Product Pipeline System and two newly constructed propylene-storage spheres from Phillips 66....
http://www.chemweek.com/regions/north_america/Phillips-66-Partners-acquires-pipeline-system-and-storage-for-$700-million_58806.html
February 13, 2014
Mallinckrodt, a specialty pharmaceutical and medical imaging group, says that it has entered into a definitive agreement to acquire all outstanding shares of Cadence Pharmaceuticals...
http://www.chemweek.com/regions/north_america/Mallinckrodt-to-acquire-Cadence-Pharmaceuticals_58793.html
February 12, 2014
Intrepid Potash reported a fourth-quarter net loss of $6 million, compared to a gain of $14.5 million in the year-ago quarter. Earnings of 8 cts/share were above analyst estimates of...
http://www.chemweek.com/regions/north_america/Intrepid-Potash-reports-earnings-drop_58788.html
February 12, 2014
Innospec today reported fourth-quarter net income of $28.7 million, or $1.17/share, more than double that of the year-ago period, on sales up 13% year-on-year (YOY), to $241.6 million...
http://www.chemweek.com/regions/north_america/Innospec-earnings-rise-on-acquisitions_58789.html
February 12, 2014
GlyEco (Phoenix) has begun the second phase of an expansion of its New Jersey processing center, which produces refinery-grade recycled glycol, the company says. The latest upgrades will increase the company's waste glycol processing capacity and storage capabilities....
http://www.chemweek.com/regions/north_america/GlyEco-to-increase-glycol-recycling-capacity_58778.html
February 12, 2014
Air Liquide has completed the commercial start-up of eight large-scale production units around the world, mainly in emerging markets, the company confirmed today. All of the recently...
http://www.chemweek.com/regions/north_america/Air-Liquide-completes-start-up-of-eight-large-scale-production-units_58776.html
February 12, 2014
Valspar today reported fiscal first-quarter net income down 2.5% year-on-year (YOY), to $53.6 million, on sales up 9%, to $956 million. Excluding restructuring costs, adjusted net...
http://www.chemweek.com/regions/north_america/Valspar-beats-estimates_58774.html
February 12, 2014
Provincial authorities in Argentina have rejected an environmental-impact statement for Monsanto's  planned 1.5-billion peso ($192 million) corn seed production facility, a move...
http://www.chemweek.com/regions/north_america/Monsanto-seed-production-project-faces-new-delay_58773.html
February 12, 2014
SK Engineering and Construction said on Tuesday that it has reached an agreement to build a natural gas liquefaction (NGL) plant in the United States. The company has signed a...
http://www.chemweek.com/regions/north_america/SK-Engineering-to-build-NGL-plant-at-Lake-Charles_58772.html
February 12, 2014
Cedarburg Hauser Pharmaceuticals (CHP; Grafton, WI), a contract development and manufacturing organization specializing in small molecule active pharmaceutical ingredients (APIs), says...
http://www.chemweek.com/regions/north_america/us/API-firm-Cedarburg-Hauser-appoints-director-of-process-development_58771.html
February 12, 2014
Lehigh Technologies, a maker of micronized rubber powder (MRP) from tire waste materials, announced today that it has named Ashland's former senior v.p. and CFO Lamar Chambers to its...
http://www.chemweek.com/regions/north_america/Lehigh-Technologies-names-former-Ashland-CFO-to-board_58748.html
February 11, 2014
Archer Daniels Midland  (ADM) says it has made a $25-million equity investment in Rennovia (Menlo Park, CA), a start-up developing catalytic processes for producing chemicals from...
http://www.chemweek.com/regions/north_america/ADM-invests-in-biobased-nylon-start-up_58745.html
February 11, 2014
Huntsman (The Woodlands, TX) reports fourth-quarter net income of $41 million, reversing a year-ago loss of $40 million, on gains in most business segments. Revenues increased 3% YOY, to $2.7 billion....
http://www.chemweek.com/regions/north_america/Huntsman-swings-to-$41-million-profit_58746.html
February 11, 2014
Blue Island Phenol is permanently closing its phenol/acetone facility in Alsip, IL, which the company shut down on 13 December 2013 after an explosion that injured two workers....
http://www.chemweek.com/regions/north_america/Blue-Island-Phenol-will-not-restart_58742.html
February 11, 2014
Antioxidants and polymer additives maker Addivant (Middlebury, CT) announced today that it is increasing capacity of phosphate antioxidants at its Pyongtaek, South Korea, facility...
http://www.chemweek.com/regions/north_america/Addivant-expands-antioxidants-capacity-in-South-Korea_58741.html
February 11, 2014
Mosaic today reported weak results in the fourth quarter since market conditions for potash and phosphates suffered. Net earnings of $129 million dropped 80% year-on-year (YOY)...
http://www.chemweek.com/regions/north_america/Mosaic-earnings-slump-on-weak-potash-phosphates-market_58740.html
February 11, 2014
Novozymes and Monsanto say they have closed their previously announced, long-term strategic alliance aimed at jointly developing agricultural biologicals for global broadacre crops...
http://www.chemweek.com/regions/north_america/Monsanto-and-Novozymes-launch-ag-biologicals-alliance_58738.html
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