IHS Chemical Week

Archives :: Regions :: North America

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January 31, 2014
“Cautious optimism” was the phrase buzzing through the halls of the Grande Lakes Orlando this week at ACI's annual meeting and conference. Soapers and home care chemical...
http://www.chemweek.com/regions/north_america/ACI-2014-Stability-slow-growth-ahead-for-soaps_58453.html
January 31, 2014
Burdensome and counterproductive regulation and industry’s sustainability efforts emerged as common themes at the Global Industry Update panel at the American...
http://www.chemweek.com/regions/north_america/ACI-2014-Regulations-sustainability-efforts-top-global-panel-concerns_58430.html
January 31, 2014
Senator David Vitter (R., LA) told attendees Friday at ACI’s 2014 Annual Meeting, currently being held in Orlando, FL, that he is hopeful that chemical management reform will clear Congress this year....
http://www.chemweek.com/regions/north_america/us/ACI-2014-Senator-Vitter-optimistic-about-prospects-for-CSIA-passage-this-year_58467.html
January 31, 2014
Strong performance in the Americas and a tax benefit lifted LyondellBasell Industries’ fourth-quarter net income to $1.175 billion, up 89% year-on-year from $623 million, says the company, and 38% from the third quarter’s $851 million. Earnings of $2.11/share handily surpassed the consensus estimate of $1.40 reported by Thomson Reuters....
http://www.chemweek.com/regions/north_america/LyondellBasell-finishes-record-year-with-strong-quarter_58466.html
January 31, 2014
Air Liquide announced its plans to relocate its American corporate headquarters at Houston. The company says it will move from the Houston Galleria area to the Air Liquide Center, at...
http://www.chemweek.com/regions/north_america/American-Air-Liquide-relocates-headquarters-at-Houston_58464.html
January 30, 2014
Minerals Technologies today reported earnings up 3.1% year-on-year (YOY), to $22.6 million, or 65 cts/share on sales up 1%, to $256.6 million. Adjusted earnings, which excluded an...
http://www.chemweek.com/regions/north_america/Minerals-Technologies-earnings-beat-estimates_58452.html
January 30, 2014
Cytec today reported adjusted earnings from continuing operations down 3.5% year-on-year (YOY), to $41.9 million, on sales up 1.9%, to $480 million. Actual earnings totaled $59.4...
http://www.chemweek.com/regions/north_america/Cytec-earnings-decline-but-beat-estimates_58450.html
January 30, 2014
Sherwin-Williams (SW) today reported fourth-quarter net earnings of $116.1 million, or $1.14/share, up 70.5% year-on-year (YOY), on sales up 10.8%, to $2.46 billion. The increases were...
http://www.chemweek.com/regions/north_america/Sherwin-Williams-earnings-rise-on-higher-architectural-paint-volumes_58448.html
January 30, 2014

LSB Industries (Oklahoma City) must make additional repairs to the anhydrous ammonia plant at its Pryor, OK, facility, the company says. LSB will also perform maintenance while the plant is down. LSB has not indicated when the repairs will be completed.

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http://www.chemweek.com/regions/north_america/LSB-to-make-additional-repairs-to-Pryor-ammonia-plant_58435.html
January 30, 2014
Agrochemical firm Nufarm (Melbourne) and Sumitomo Chemical say that their respective Nufarm Americas (Alsip, IL) and Valent USA (Walnut Creek, CA) wholly owned subsidiaries have...
http://www.chemweek.com/regions/north_america/us/Nufarm-to-distribute-Sumitomo-Chemical-subsidiarys-products-in-US_58405.html
January 30, 2014
Methanex (Vancouver) reports net income for the fourth quarter of $128 million, up from a loss of $140 million. Earnings per share of $1.72 easily beating the analysts’ consensus estimate of $1.57. Sales increased 32% year-on-year (YOY), to $881 million, on increased volumes and higher selling prices. Adjusted net income for the quarter totaled $167 million, up 42% over the third quarter and 174% YOY. Sales volumes increased 6.5% over the third quarter and 12% YOY, to 2.13 million m.t.
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http://www.chemweek.com/regions/north_america/Methanex-swings-to-profit-on-high-volumes-increased-prices_58424.html
January 30, 2014
Cabot reports net income for the fiscal first quarter of $80 million, up 300% year-on-year (YOY) on double-digit volume growth in reinforcement materials and performance materials. Adjusted earnings increased 30% YOY, to $0.86/share, well above the analysts’ consensus estimate of $0.71/share compiled by Thomson Reuters. Net sales increased 8.5% YOY, to $899 million....
http://www.chemweek.com/regions/north_america/Cabot-easily-beats-earnings-estimates-on-volume-growth_58427.html
January 30, 2014
ExxonMobil reports fourth-quarter earnings of $910 million for the chemical segment, down $48 million year-on-year on weaker margins, mainly in specialties....
http://www.chemweek.com/regions/north_america/ExxonMobil-chemical-earnings-decline-5-percent-YOY-on-weaker-specialty-marginns_58428.html
January 30, 2014
OxyChem, the chemical segment of Occidental Petroleum, reports fourth-quarter earnings of $128 million, down 29% year-on-year (YOY) from $180 million. Occidental attributes the result to higher energy and ethylene costs and lower caustic soda prices....
http://www.chemweek.com/regions/north_america/OxyChem-earnings-down-on-higher-ethylene-energy-costs-lower-chlor-alkali-prices_58429.html
January 29, 2014
The American Cleaning Institute (ACI) announced today that it has launched a voluntary initiative to promote and demonstrate continual improvement in the cleaning products...
http://www.chemweek.com/regions/north_america/American-Cleaning-Institute-launches-sustainability-charter_58396.html
January 29, 2014
Dow Chemical posted fourth-quarter net income of $963 million, reversing a year-ago loss of $716 million. Reported adjusted earnings were 65 cts/share, up 97% compared with the year-ago quarter and 51% above the consensus analyst estimate as reported by Thomson Reuters....
http://www.chemweek.com/regions/north_america/us/Dow-earnings-beat-estimates-on-gains-in-all-segments_58386.html
January 29, 2014
Dakota Gasification Co.’s (Dakota Gas; Bismarck, ND) board has approved the construction of a previously announced urea production facility at the company’s Great Plains...
http://www.chemweek.com/regions/north_america/Dakota-Gas-board-approves-urea-project-at-Beulah_58385.html
January 29, 2014
President Barack Obama last night delivered his annual State of the Union address, citing the need for bipartisan union and tax reform, as well as updating on new manufacturing hubs...
http://www.chemweek.com/regions/north_america/ACC-Socma-push-for-Obama-and-Congress-unification-following-State-of-the-Union-address_58393.html
January 29, 2014
Phillips 66 (Houston) reports that fourth-quarter earnings for the chemicals segment, its 50% stake in Chevron Phillips Chemical (CPChem), increased 6% year-on-year (YOY), or $15 million, to $261 million. The company cites gains in CPChem’s olefins and polyolefins business and joint ventures, offset by results in the specialties, aromatics, and styrenics business....
http://www.chemweek.com/regions/north_america/Phillips-66-chemical-earnings-up-6-percent-YOY-on-olefins-polyolefins_58395.html
January 29, 2014
Praxair today announced its fourth-quarter earnings, showing gains due to strength in North American markets and the energy industry, specifically hydrogen plants. Net income was $474...
http://www.chemweek.com/regions/north_america/Praxair-earnings-up-on-strength-in-energy-announces-share-repurchase-program_58392.html
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