IHS Chemical Week

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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
January 7, 2015
BioAmber (Minneapolis), an industrial biotechnology company producing sustainable chemicals, says that CFO Andrew Ashworth retired on 31 December 2014 and Francois Laurin has been...
http://www.chemweek.com/regions/north_america/us/BioAmber-appoints-new-CFO_66602.html
January 7, 2015
Honeywell says it has begun full-scale commercial production of HFO-1234ze, a new, low-global-warming-potential hydrofluorocarbon, at its fluorine products facility in Baton Rouge. The material is used as an aerosol propellant, insulating agent, and refrigerant....
http://www.chemweek.com/regions/north_america/Honeywell-begins-producing-new-hydrofluorocarbon-at-Baton-Rouge_66580.html
January 7, 2015
A European Parliament committee has called on the European Commission, in a draft opinion, to “exclude any terms in the transatlantic trade and investment pact (TTIP) that would...
http://www.chemweek.com/regions/north_america/European-Parliament-calls-for-chemical-regulations-ISDS-to-be-excluded-from-TTIP-negotiations_66575.html
January 6, 2015
A. Schulman today reported fiscal first-quarter net income from continuing operations up 6.5% year-on-year (YOY), to $13.2 million, on sales up 5%, to $615.1 million. Adjusted earnings...
http://www.chemweek.com/regions/north_america/A-Schulman-beats-estimates-on-higher-sales_66600.html
January 6, 2015
Monsanto and FMC's agricultural segment say they have broadened their collaboration aimed at offering farmers pesticides. Under the terms of the agreement, the companies' Roundup Ready...
http://www.chemweek.com/regions/north_america/Monsanto-and-FMC-expand-crop-protection-cooperation_66588.html
January 6, 2015
Agrium says it has signed a definitive agreement to sell its Niota and Meredosia, IL, storage and distribution facilities to subsidiaries of Trammo for approximately $50.0...
http://www.chemweek.com/regions/north_america/Agrium-sells-two-Illinois-distribution-facilities_66587.html
January 6, 2015
Cabot Microelectronics today announced three new executive appointments. Yumiko Damashek, currently v.p./Asia and Japan, has been named v.p./operations and quality, replacing Adam...
http://www.chemweek.com/regions/north_america/Cabot-Microelectronics-names-new-executives_66585.html
January 6, 2015
Benzene contracts for January were settled in the United States last week at $2.20/gal ($658/m.t.), a steep, 35% decline from December’s $3.37/gal and the lowest value in more than five years, according to data from IHS Chemical....
http://www.chemweek.com/regions/north_america/Benzene-contracts-settle-in-US-at-five-year-low_66579.html
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