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April 13, 2015
The United Steelworkers (USW; Pittsburgh) says that five of its local unions in the United States remain on strike but that they are still working to ratify labor contracts. Royal...
http://www.chemweek.com/regions/north_america/USW-union-still-on-strike-without-a-contract-at-five-sites-in-US_69350.html
April 13, 2015
The American Fuel & Petrochemical Manufacturers (AFPM) and the American Petroleum Institute (API) say that the US EPA has agreed to issue final rules implementing the federal Renewable Fuel Standard (RFS) for 2014 and 2015 by 30 November. The two organizations last month filed a lawsuit aimed at forcing EPA to finalize rules. AFPM and API filed a draft consent decree to resolve the case on 10 April....
http://www.chemweek.com/regions/north_america/EPA-agrees-to-issue-2014-2015-RFS-rules-by-30-November_69351.html
April 10, 2015
Total Petrochemicals & Refining USA (Houston) has filed environmental permit applications with the Texas Commission on Environmental Quality and the U.S. Army Corp. of Engineers to...
http://www.chemweek.com/regions/north_america/Total-Petrochemicals-files-for-permits-to-build-ethane-cracker-on-US-Gulf-Coast_69233.html
April 10, 2015
New DuPont director and former LyondellBasell Industries CEO Jim Gallogly was approached by Trian Fund Management (New York) to join the activist hedge fund’s dissident slate for...
http://www.chemweek.com/regions/north_america/DuPont-Trian-approached-new-DuPont-director-to-join-dissident-board-slate_69307.html
April 10, 2015
The EuroChem Group (Zug, Switzerland), one of the largest global fertilizer players; Maire Tecnimont; and SACE today announced the signing of a memorandum of understanding (MOU) to...
http://www.chemweek.com/regions/north_america/EuroChem-signs-MOU-to-build-five-ammonia-urea-complexes-in-three-countries_69332.html
April 10, 2015
Enterprise Products Partners (Houston) has started a supplemental, binding, open commitment period to determine shipper demand for incremental capacity being added on the Aegis...
http://www.chemweek.com/regions/north_america/Enterprise-starts-offering-additional-capacity-on-Aegis-ethane-pipeline_69331.html
April 10, 2015
Matheson (Basking Ridge, NJ), a subsidiary of industrial gases company Taiyo Nippon Sanso (Tokyo), says that it has acquired Air Liquide's Hawaiian assets and operations. The...
http://www.chemweek.com/regions/north_america/us/Matheson-acquires-Air-Liquides-assets-in-Hawaii_69326.html
April 9, 2015
Ashland says it has definitively agreed to sell its Valvoline car-care assets, including manufacturing and distribution facilities in Hernando, MI, to Niteo Products, a newly formed...
http://www.chemweek.com/regions/north_america/Ashland-sells-Valvoline-car-care-assets-to-private-equity-firm_69306.html
April 9, 2015
Inbra Indústrias Químicas (Diadema, Brazil) is planning a plastic and rubber additives manufacturing facility in Orangeburg County, SC, the company announced. Inbra is...
http://www.chemweek.com/regions/north_america/Brazilian-firm-to-build-plasticizer-unit-in-the-US_69303.html
April 9, 2015
Mylan has made a proposal to acquire Perrigo (Dublin) for $28.9 billion. Under the terms of the nonbinding proposal, Perrigo shareholders would receive $205 in a combination of cash...
http://www.chemweek.com/regions/north_america/us/Mylan-offers-to-acquire-Perrigo-for-$28-9-billion_69296.html
April 9, 2015
Propylene stocks were down slightly in the United States during the week ended 3 April, according to data released by the Energy Information Administration (EIA; Washington). The...
http://www.chemweek.com/regions/north_america/Propylene-stocks-down-in-US-for-first-time-in-two-weeks_69294.html
April 8, 2015
Renewable chemicals firm BioAmber (Minneapolis) says it has entered into a technology license agreement with Johnson Matthey Davy Technologies (JM Davy) that will enable BioAmber to...
http://www.chemweek.com/regions/north_america/BioAmber-licenses-JM-Davy-BDO-and-THF-technologies_69295.html
April 8, 2015
During the week ended 4 April, chemical railcar traffic in North America dropped 2.6% year-on-year mainly on a decline in the United States....
http://www.chemweek.com/regions/north_america/Weekly-chemical-railcar-traffic-in-North-America-down-2-6-percent-YOY_69284.html
April 8, 2015
RPM International (Medina, OH) reports a net loss of $57.3 million for the quarter ended 28 February, down from a gain of $16.2 million in the year-ago period , due mainly to a one-time charge related to the recent bankruptcy settlement of its Specialty Products Holding Corp. (SPHC) subsidiary. Sales increased 9.6% YOY to $946.3 million .Excluding charges, RPM says net income grew 61.2% to $26.2 million or 20 cts/share....
http://www.chemweek.com/regions/north_america/us/RPM-swings-to-loss-on-one-time-charge_69283.html
April 8, 2015
The House Energy and Commerce Subcommittee on Environment and the Economy announced their own bipartisan version of TSCA reform, as a similar bill works its way through the Senate...
http://www.chemweek.com/regions/north_america/TSCA-reform-discussion-draft-introduced-in-House_69292.html
April 8, 2015
Market sources said last week that ethylene production was back online at Williams Partners' Geismar, LA, ethane cracker, but Choctaw, LA, ethylene prices continue to trade at a high...
http://www.chemweek.com/regions/north_america/Choctaw-ethylene-still-trading-at-high-premiums-despite-production-returning-in-Louisiana_69268.html
April 8, 2015
Renewable Energy Group Inc. (REG; Ames, IA) is carrying out preliminary damage assessments after a fire at its Geismar, LA, biorefinery, the company says. The fire broke out shortly...
http://www.chemweek.com/regions/north_america/REG-Geismar-biorefinery-repairs-to-take-2-4-months-following-fire-at-production-unit_69282.html
April 8, 2015
Private equity firm New Mountain Capital (New York) has agreed to acquire Zep (Atlanta), a maker of consumer cleaning and maintenance chemicals, for $692 million, or $20.05/share. The...
http://www.chemweek.com/regions/north_america/Zep-to-be-acquired-by-New-Mountain-Capital_69279.html
April 8, 2015
Omnova reports a net loss of $3.2 million for its seasonally weak first quarter compared with a gain of $1.2 million in the year-ago quarter. Excluding one-time items, including an...
http://www.chemweek.com/regions/north_america/Omnova-swings-to-a-loss-in-seasonally-weak-first-quarter_69280.html
April 7, 2015
Airgas today announced it is raising its quarterly dividend on its common stock by 9%, to 60 cts/share form 55 cts/share. The higher dividend will be paid on 30 June to shareholders of...
http://www.chemweek.com/regions/north_america/Airgas-raises-dividend_69271.html
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