IHS Chemical Week

Archives :: Regions :: North America

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February 3, 2015
Tronox and FMC have confirmed reports that Tronox will acquire FMC’s alkali chemicals, or soda ash, business. Tronox has signed a definitive agreement to acquire the business for...
http://www.chemweek.com/regions/north_america/us/Tronox-to-acquire-FMCs-soda-ash-business-for-$1-64-billion_67471.html
February 3, 2015
The United Steelworkers (USW) said Tuesday that no further talks have been scheduled with Shell this week to end a strike at nine US oil refineries. USW told workers to strike at nine...
http://www.chemweek.com/regions/north_america/USW-and-refiners-still-without-labor-agreement_67466.html
February 3, 2015
International Flavors & Fragrances (IFF) today announced the opening of a new flavors facility near Chicago. The new site, located in Schaumburg, IL, will serve the food and...
http://www.chemweek.com/regions/north_america/IFF-opens-new-flavors-facility-near-Chicago_67469.html
February 3, 2015
Wrapping up a deal that was announced in December 2014, Rogers Corp. (Rogers, CT) has closed on the transaction to acquire Arlon (Santa Ana, CA) from Handy & Harman (White Plains...
http://www.chemweek.com/regions/north_america/Rogers-Corp-completes-acquisition-of-specialty-silicones-firm-for-$157-million_67207.html
February 3, 2015
BASF has decided to exit a biobased acrylic acid partnership with Novozymes and Cargill, Novozymes announced today. Novozymes and Cargill have collaborated on renewable acrylic acid...
http://www.chemweek.com/regions/north_america/BASF-exits-biobased-acrylic-acid-collaboration-with-Novozymes-and-Cargill-UPDATED_67242.html
February 3, 2015
Williams Partners (Tulsa, OK) says it expects to begin manufacturing ethylene at its expanded Geismar plant for sale in February. The company originally planned to start the plant, which has been offline since June 2013, in November, but problems arose during the final stages of commissioning....
http://www.chemweek.com/regions/north_america/us/Williams-to-produce-ethylene-at-Geismar-for-sale-in-February_67455.html
February 3, 2015

LyondellBasell’s fourth-quarter earnings have beaten the analysts’ consensus estimate by 15%, with lower feedstock costs more than making up for lower product prices. However, the company expects lower crude oil prices to pressure margins in the year ahead. Fourth-quarter earnings from continuing operations totaled $796 million, down 32% year-over-year (YOY) from $1.177 billion. Sales totaled $10.29 billion, down 8% YOY from $11.138 billion. The quarter included a $715 million non-cash, pre-tax charge for the impact of a lower-of-cost-or-market (LCM) inventory adjustment.

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http://www.chemweek.com/regions/north_america/us/LyondellBasell-beats-consensus-by-15-percent-as-lower-feedstocks-make-up-for-product-prices_67452.html
February 3, 2015
ExxonMobil reports fourth-quarter earnings for its chemical segment of $1.20 billion, up 36% year-on-year (YOY) from $883 million. Sales of prime products fell 6.0% YOY, to 5.7 million metric tons....
http://www.chemweek.com/regions/north_america/us/ExxonMobil-fourth-quarter-chemical-earnings-up-36-percent-on-feedstocks_67411.html
February 3, 2015
Biologists at Indiana University (IU; Bloomington) believe they have found a faster, cheaper, and cleaner way to increase bioethanol production by using nitrogen (N2) gas, in...
http://www.chemweek.com/regions/north_america/US-researchers-find-potentially-faster-cheaper-way-to-produce-cellulosic-bioethanol_67441.html
February 3, 2015
PeroxyChem (Philadelphia) has selected ChemPoint (Bellevue, WA) as its exclusive distributor of food-grade calcium peroxide for the United States and Canada, effective 2 February...
http://www.chemweek.com/regions/north_america/PeroxyChem-signs-calcium-peroxide-distribution-agreement-for-US-Canada_67440.html
February 3, 2015
Tronox is near a deal to acquire FMC’s soda ash business for more than $1.5 billion, the Wall Street Journal reported, citing people familiar with the matter. The deal may be...
http://www.chemweek.com/regions/north_america/us/Reports-Tronox-near-deal-to-acquire-FMCs-soda-ash-business-for-$1-5-billion_67456.html
February 3, 2015
Laboratory chemicals supplier VWR (Radnor, PA) announced today that it has acquired National Biochemicals (NBC), a full service raw material manufacturer and supplier to the...
http://www.chemweek.com/regions/north_america/VWR-acquires-National-Biochemicals_67448.html
February 3, 2015
Airgas reports net earnings 12.6% higher year-on-year (YOY), to $93.2 million, for its fiscal third quarter ended 31 December, on sales up 7.2% YOY, to $1.3 billion. Adjusted earnings...
http://www.chemweek.com/regions/north_america/Airgas-profit-climbs-but-outlook-disappoints_67447.html
February 3, 2015
Dow says gross proceeds from both divestitures will total more than $1.4 billion. Separately, Dow announced 31 January that it has completed its acquisition of Coodetec’s seed business, a leading supplier of corn and soybean genetics in Brazil. Coodetec also provides Dow with entry in the wheat market in Brazil....
http://www.chemweek.com/regions/north_america/us/Dow-finalizes-sale-of-Angus-and-sodium-borohydride-completes-Brazil-seeds-acquisition_67446.html
February 3, 2015
Benzene production and inventories in the United States for the fourth quarter of 2014 were up from the same time one year earlier, according to data released by the American Fuel and...
http://www.chemweek.com/regions/north_america/AFPM-Higher-fourth-quarter-benzene-production-and-inventories-in-US_67382.html
February 2, 2015
H.B. Fuller says that it has finalized the previously announced acquisition of Tonsan Adhesive (Beijing), the largest independent engineering adhesives provider in China. Fuller has...
http://www.chemweek.com/regions/north_america/us/H-B-Fuller-completes-acquisition-of-Chinese-firm-Tonsan-Adhesive_67413.html
February 2, 2015
Amyris (Emeryville, CA) says it plans to offer its synthetic biology discovery and production platform to pharmaceutical makers. Amyris says it will offer an integrated discovery and...
http://www.chemweek.com/regions/north_america/Amyris-to-launch-biopharma-platform_67410.html
February 2, 2015
The United Steelworkers Union—which represents unionized workers at 230 US refineries, chemical plants, pipelines, and terminals—called a strike on 1 February at nine US refineries and chemical plants after failing to reach an agreement for a new three-year labor contract by that day's deadline....
http://www.chemweek.com/regions/north_america/us/USW-calls-strike-at-nine-US-refineries-and-chemical-plants_67417.html
February 2, 2015
FMC says it has acquired all global rights to a novel, proprietary herbicide from Kumiai Chemical Industry and Ihara Chemical Industry. FMC says the new herbicide is highly effective...
http://www.chemweek.com/regions/north_america/FMC-acquires-rights-to-novel-herbicide_67409.html
February 2, 2015
EuroChem (Zug, Switzerland), one of the world’s leading producers of fertilizers, says it remains on track with a fertilizer project it is planning in Louisiana. The company...
http://www.chemweek.com/regions/north_america/EuroChem-still-considering-Louisiana-project-but-Russia-could-become-attractive-alternative_67407.html
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