IHS Chemical Week

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September 23, 2015
Renewable chemicals and biofuels company Gevo (Englewood, CO) says that Ruth Dreessen, a director since 2012, has been named chairman of the board, and that Shai Weiss, director and...
September 23, 2015
ACC’s specialty chemicals market volume index rose by 0.3% on a three-month moving average (3MMA) basis in August, following a 0.1% gain in July. The overall specialty chemicals...
September 23, 2015
Ineos says its polymer unit at its Chocolate Bayou facility in Alvin, TX should be back up this week, and its two olefins units at the site should be back up in the next 2–3...
September 22, 2015
Emery Oleochemicals (Shah Alam, Malaysia) says it has opened a $50-million polyols plant at Cincinnati that is designed to use renewable raw materials and recycled content as...
September 22, 2015
Ashland on Tuesday announced plans to spin off its Valvoline motor oil and automotive maintenance segment as a separate, publicly traded company. After the spin-off, the “new...
September 22, 2015
Altivia Petrochemicals (Houston) has agreed to acquire all of Haverhill Chemicals' (Houston) phenol, acetone, alpha-methylstyrene (AMS), and bisphenol A (BPA) assets. The facilities...
September 22, 2015
Total has signed an agreement to sell a 10% interest in the Fort Hills, AB, oil sands mining project to the operating partner Suncor Energy (Calgary, AB). The transaction is subject to...
September 22, 2015
Mosaic said on Monday that it will reduce potash production by extending maintenance downtime at its Colonsay, SK, mine and maintain planned slower production in its phosphates...
September 22, 2015
KMG Chemicals says that its board of directors has elected Robert Harrer to the board, effective 21 September. Harrer will serve as a member of the nominating and governance committee...
September 22, 2015
Perstorp (Perstorp, Sweden) says that its polyols subsidiary in Toledo, OH, has signed a distribution agreement with chemicals and plastics distributor Nexeo Solutions (The Woodlands...
September 21, 2015
A power outage at two petrochemical facilities before the weekend in Chocolate Bayou, just south of Houston, has had little impact on the market to start the week. On Friday morning...
September 21, 2015
Flavors and fragrances company Symrise (Holzminden, Germany) says that it is acquiring Pinova Holdings (Brunswick, GA) for $397 million. The acquisition includes the operational...
September 21, 2015
CP Kelco has named L.V. Lomas as its exclusive distributor for all its products sold into food, consumer and industrial applications in the United States, effective 1 January 2016...
September 21, 2015
The US September propylene contract settled at a decline of 3 cents per pound on Friday, on the back of ample supply and weak crude futures. As a result, the decline took the...
September 18, 2015
Balchem Corporation has added Matthew D. Wineinger, the president of United Sugars Corporation, to its board of directors.  Wineinger’s previous experience includes serving...
September 18, 2015
Some $22 billion of chemical mergers and acquisitions (M&A) deals over $25 million were completed in the first half of 2015, up tk% year-on-year (YOY) from $14.6 billion in deals...
September 17, 2015
Trinseo (Berwyn, PA) says it will close its styrene butadiene latex plant in Gales Ferry, CT, at the end of 2015 as part of a program to reduce costs in the business by a $5-million run rate in 2016. The plant will be decommissioned and demolished next year....
September 17, 2015

Tronox (Stamford, CT) has announced off-list price increases for all USP and industrial grade sodium bicarbonate products, effective immediately. Off-list prices for bulk and packaged sodium bicarbonate will increase by $15.00/m.t.


September 17, 2015
The United Steelworkers (USW; Pittsburgh) says that BP’s plan to lay off up to 26 hourly workers at its Texas City, TX, facility is a negotiating tactic aimed at reducing severance costs and pushing consolidated operation of the PX-2 and -3 para-xylene units once the PX-1 unit is permanently shut down. The layoffs would not meet conditions set by the National Oil Bargaining pattern agreement, USW says....
September 17, 2015
Air Products plans to spin off its electronics and performance materials segment to shareholders via a tax-free spin-off. The business, which accounts for roughly 20% of Air Products revenue, had 2014 sales of $2.1 billion and adjusted Ebitda of $521 million....
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