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October 14, 2014

EPA has published a proposed greenhouse gas prevention of significant deterioration (GHG PSD) permit for M&G Chemicals' (Luxembourg) Corpus Christi, TX, polyethylene terephthalate project, which the company first announced in May 2011. M&G Chemicals plans to build a 1.0-million m.t./year PET plant and a 1.2-million m.t./year plant for the production of feedstock purified terephthalic acid.

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http://www.chemweek.com/regions/north_america/EPA-publishes-proposed-GHG-PSD-for-M-and-Gs-Corpus-Christi-PET-project_64500.html
October 14, 2014
KMG Chemicals (Houston), a specialty chemical maker, today announced its results for its fourth fiscal quarter, ended 31 July. The company reports a net loss of $822,000, slightly up...
http://www.chemweek.com/regions/north_america/KMG-Chemicals-reports-narrower-loss-in-fiscal-fourth-quarter_64499.html
October 14, 2014
Outgoing European trade commissioner Karel De Gucht has spoken about the "reality" of the negotiations between the European Union and the United States on the Transatlantic...
http://www.chemweek.com/regions/north_america/EU-trade-commissioner-De-Gucht-addresses-the-reality-of-the-EU-US-trade-talks_64496.html
October 14, 2014
FMC has signed unsecured credit agreements that will provide access to as much as $3.5 billion to help fund its $1.8-billion acquisition of agricultural chemicals maker Cheminova (Harboøre, Denmark). FMC’s acquistion of Cheminova is expected to close in early 2015....
http://www.chemweek.com/regions/north_america/us/FMC-completes-credit-agreements-for-$3-5-billion-to-fund-Cheminova-purchase_64497.html
October 14, 2014
Germany’s chemical industry trade association VCI (Frankfurt) has spoken out against a reduced version of the Transatlantic Trade and Investment Partnership (TTIP), the...
http://www.chemweek.com/regions/north_america/us/VCI-speaks-out-against-reduced-scope-of-EU-US-trade-deal_64492.html
October 14, 2014
Badlands NGL, a private equity firm, plans to build a $4-billion, 1.5-million m.t./year polyethylene complex in North Dakota....
http://www.chemweek.com/regions/north_america/Private-equity-firm-plans-world-scale-North-Dakota-polyethylene-complex_64488.html
October 13, 2014
PPG Industries (PPG) says Mexico's competition commission is extending the deadline for its review of PPG's proposed s $2.3-billion acquisition of Consorcio Comex, S.A. de C.V...
http://www.chemweek.com/regions/north_america/Mexico-antitrust-commission-extends-review-of-PPGs-proposed-acquisition-of-Comex_64477.html
October 13, 2014
Targa Resources (Houston) has agreed to acquire midstream firm Atlas Pipeline Partners and Atlas Energy for $7.7 billion. The deal, which is expected to close in the first quarter of 2015, will substantially expand Targa’s capacity to produce and deliver natural gas liquids (NGLs), the feedstock that has transformed the fortunes of US ethylene producers....
http://www.chemweek.com/regions/north_america/Targa-to-buy-Atlas-Pipeline-for-$7-7-billion_64476.html
October 13, 2014
Castleton Commodities International (CCI; Stamford, CT), a global commodities merchant formerly known as Louis Dreyfus Highbridge Energy, said on Friday that it will invest $1.2...
http://www.chemweek.com/regions/north_america/Castleton-Commodities-to-build-methanol-plant-in-Louisiana_64468.html
October 10, 2014
Methanol Holdings Trinidad Ltd. (MHTL), one of the largest global methanol players, is now 100% owned by Consolidated Energy Ltd (CEL), a Trinidad holding company that combines the...
http://www.chemweek.com/regions/north_america/Methanol-Holding-Trinidad-has-new-ownership-structure_64455.html
October 10, 2014
German chemical industry association VCI (Frankfurt) has criticized the call for a day of action in protest against the Transatlantic Trade and Investment Partnership (TTIP), currently...
http://www.chemweek.com/regions/north_america/us/VCI-calls-for-opponents-to-free-trade-agreements-to-play-a-constructive-role_64458.html
October 10, 2014
Active pharmaceutical ingredient (API) manufacturer Shasun Pharmaceuticals (Chennai, India) says there is strong growth across its businesses and that the company is investing to...
http://www.chemweek.com/regions/north_america/us/CPhI-Shasun-expanding-API-capacity-in-India-will-build-capacity-in-US-after-merging-with-Strides-Arcolab_64437.html
October 9, 2014
Several active pharmaceutical ingredient (API) manufacturers tell CW during the CPhI trade fair in Paris this week, that in addition to their plans to grow organically, they are also...
http://www.chemweek.com/regions/north_america/us/CPhI-API-manufacturers-take-acquisition-route-to-gain-capabilities-and-capacity_64433.html
October 9, 2014
Ineos has abandoned plans to build an ethylene oxide-ethylene glycol (EO-EG) facility at its Battleground manufacturing complex at La Porte, TX. No other sites are being considered, says the company....
http://www.chemweek.com/regions/north_america/Ineos-cancels-Battleground-EO-EG-project_64398.html
October 9, 2014
Canpotex (Saskatoon, SK), a potash export cartel, says that it is expanding its potash export facility at the Port of Portland’s (Portland, OR) marine terminal 5. Canpotex...
http://www.chemweek.com/regions/north_america/Canpotex-to-expand-Portland-potash-export-terminal_64366.html
October 9, 2014
Europe's styrene monomer market is facing supply constraints and a potential price spike. Europe's spot styrene prices have risen sharply since an 2 October close of $1,515-1,530/m.t...
http://www.chemweek.com/regions/north_america/Supply-constraints-tightening-styrene-but-demand-remains-weak_64378.html
October 9, 2014
Bechtel has been selected by Louisiana LNG Energy to provide front-end engineering and design for a new midscale liquefaction facility and export terminal in Louisiana, south of New...
http://www.chemweek.com/regions/north_america/Bechtel-awarded-LNG-liquefaction-plant-and-export-terminal-contract-in-Louisiana_64361.html
October 8, 2014
Boardwalk Pipeline Partners has completed the $295-million acquisition of Chevron Petrochemical Pipeline, which owns the Evangeline ethylene pipeline system. The pipeline will be operated by Boardwalk Louisiana Midstream (BLM), a subsidiary....
http://www.chemweek.com/regions/north_america/Boardwalk-completes-acquisition-of-Evangeline-ethylene-pipeline_64355.html
October 8, 2014
Monsanto has narrowed its loss for its seasonally weak fourth quarter, but both its results and 2015 outlook trail estimates. The company reports a net loss of $156 million compared...
http://www.chemweek.com/regions/north_america/Monsanto-narrows-loss_64343.html
October 8, 2014
RPM today reported fiscal first-quarter net income down 3.9% year-on-year (YOY), to $99.1 million, on sales up 3.4%, to $1.2 billion. Earnings totaled 73 cts/share, down 5.2% YOY and...
http://www.chemweek.com/regions/north_america/RPM-earnings-fall-3-9-percent_64340.html
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