IHS Chemical Week

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June 24, 2015
Blank-check acquisition firm Platform Specialty Products (West Palm Beach, FL) has priced its recently-announced stock offering at $26.50/share, with gross proceeds expected to total...
http://www.chemweek.com/regions/north_america/Platform-prices-stock-offer-at-$26-50share-upping-value-to-$420-million_71577.html
June 24, 2015
Louisiana Economic Development (LED) announced today that Monsanto is considering a $1-billion expansion at Luling, LA to support its Roundup Ready Xtend Crop System. Pending a...
http://www.chemweek.com/regions/north_america/Monsanto-considering-$1-billion-investment-in-Louisiana-to-support-roll-out-of-dicamba-platform_71574.html
June 24, 2015
The benzene arbitrage window between Asia and the United States has been open slightly this week for a limited time, according to trade participants. Prompt Asia benzene prices were at...
http://www.chemweek.com/regions/north_america/Asia-US-benzene-arbitrage-window-opens-this-week_71571.html
June 24, 2015
IMCD (Rotterdam), a distributor of specialty chemicals, says that it has completed the previously announced acquisition of an 80% stake in specialties distributor M.F. Cachat...
http://www.chemweek.com/regions/north_america/us/IMCD-completes-acquisition-of-US-distributor-M-F-Cachat_71557.html
June 24, 2015
Monsanto beat analysts’ estimates for its fiscal third quarter on stronger corn and soybean sales and the proceeds from a recent Roundup license extension from Scotts...
http://www.chemweek.com/regions/north_america/Monsanto-beats-estimates-on-higher-seed-sales_71573.html
June 24, 2015
Phillips 66, one of the largest base oil suppliers in North America, says it has introduced production of odorless mineral spirits out of its Wood River refinery in Roxana, IL. The...
http://www.chemweek.com/regions/north_america/us/Phillips-66-launches-odorless-mineral-spirits-out-of-Wood-River-refinery_71335.html
June 24, 2015
Monsanto, announcing its third-quarter results today, reconfirmed that it is eager to merge with Syngenta. However, Monsanto signaled earlier that it has other options. Monsanto...
http://www.chemweek.com/regions/north_america/Monsanto-still-eager-to-merge-with-Syngenta-but-signals-it-has-other-options_71569.html
June 24, 2015
First Bauxite Corp. (Toronto) plans to invest $200 million in a bauxite processing plant in St. John the Baptist Parish in Louisiana, the company has announced. This follows a...
http://www.chemweek.com/regions/north_america/First-Bauxite-to-invest-in-bauxite-processing-plant-in-Louisiana_71567.html
June 24, 2015
An 18-wheeler truck rig collided with an above-ground section of pipeline in Houston on 22 June, resulting in the release of propylene after transfer of material ownership to Shell...
http://www.chemweek.com/regions/north_america/Truck-collision-with-Houston-pipeline-causes-propylene-release_71554.html
June 23, 2015
Arsenal Capital (New York) says it has completed the sale of Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm, for an...
http://www.chemweek.com/regions/north_america/Arsenal-Capital-completes-Royal-Adhesives-sale_71479.html
June 23, 2015
BioAmber (Minneapolis) announced today that the Flokser Group, a global leader in leather and suede fabrics, has successfully developed an artificial leather fabric using biobased...
http://www.chemweek.com/regions/north_america/Biobased-chemicals-from-DuPont-and-BioAmber-used-to-produce-artificial-leather_71542.html
June 23, 2015
ACC’s chemical activity barometer (CAB), a leading indicator of economic activity, rose 0.7% sequentially in June, following a similar increase in May. April’s sequential...
http://www.chemweek.com/regions/north_america/ACC-CAB-index-rises-in-June_71541.html
June 23, 2015
Huntsman Corp. says that it has completed the acquisition of Tecnoelastomeri (Castelfranco Emilia, Italy) a manufacturer and marketer of methylene di-para -phenylene isocyanate...
http://www.chemweek.com/regions/north_america/us/Huntsman-acquires-polyurethane-elastomer-manufacturer-Tecnoelastomeri_71536.html
June 23, 2015
Fluor says that BASF has selected the company as its global engineering partner for future chemical and petrochemical plant projects around the world. The services agreement, which was...
http://www.chemweek.com/regions/north_america/us/Fluor-selected-by-BASF-as-global-engineering-partner_71535.html
June 23, 2015

Shell has received an air-quality permit to build the company's planned Appalachian petrochemical project at Monaca, PA, from the Pennsylvania Department of Environmental Protection. Shell’s plans call for a 1.5-million m.t./year ethylene plant and derivative units, with startup slated for 2019.

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http://www.chemweek.com/regions/north_america/Shell-receives-air-permit-for-Appalachian-ethylene-project_71520.html
June 23, 2015
Syngenta’s chairman Michel Demaré on Tuesday said that future takeover proposals from Monsanto need to be at a fair price and provide a high degree of certainty that such...
http://www.chemweek.com/regions/north_america/Monsantos-takeover-offer-needs-to-reflect-fair-price-says-Syngenta-chairman_71525.html
June 23, 2015
After reaching a new high for 2015 last week ($2.80), the national average price for regular unleaded gasoline has dropped slightly to $2.79 per gallon as recent refinery issues were...
http://www.chemweek.com/regions/north_america/US-retail-gasoline-prices-drop-as-refinery-issues-ease-and-crude-futures-decline_71519.html
June 22, 2015
Williams (Tulsa, OK) announced on 21 June that it has rejected an unsolicited, $53.1-billion acquisition bid from Energy Transfer Equity (ETE; Dallas). Instead, Williams will explore strategic alternatives that could include a merger, a sale, or staying the course, the company says....
http://www.chemweek.com/regions/north_america/us/Williams-rejects-$53-billion-takeover-bid-from-Energy-Transfer-Equity_71508.html
June 22, 2015
Pacific Ethanol Inc. (Sacramento) has acquired the remaining 4% ownership stake in PE Op, the sole owner of the Pacific Ethanol plants, bringing the company's total ownership interest...
http://www.chemweek.com/regions/north_america/Pacific-Ethanol-now-owns-100-percent-of-its-plants-subsidiary_71507.html
June 19, 2015
US styrene producers in Louisiana may start seeing some relief on feedstock supply as ethylene suppliers bring production back up. Williams Partners’ (Tulsa, OK) said 19 June...
http://www.chemweek.com/regions/north_america/US-styrene-supply-expected-to-rebound-as-ethylene-units-come-back_71480.html
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