IHS Chemical Week

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March 4, 2013
Air Products announced today that two of its air separation units (ASUs) are now onstream at the world’s largest pressure oxidation (POX) gold production facility at Pueblo...
http://www.chemweek.com/regions/north_america/Air-Products-brings-ASUs-onstream-at-Dominican-Republic-gold-production-facility_50230.html
March 4, 2013
President Obama this morning formally nominated Gina McCarthy as the next EPA chief. McCarthy, EPA’s assistant administrator for the Office of Air and Radiation, had been...
http://www.chemweek.com/regions/north_america/Obama-nominates-McCarthy-to-head-EPA_50226.html
March 4, 2013
Valspar has named James Muehlbauer executive v.p. and CFO, effective 11 March. Muehlbauer is succeeding Lori Walker, who will retire in April. Muehlbaur has over 25 years of experience...
http://www.chemweek.com/regions/north_america/Valspar-names-new-CFO_50224.html
March 4, 2013
The International Court of Arbitration of the International Chamber of Commerce (ICC) today released the final award amount, representing interest and costs, in the arbitration case...
http://www.chemweek.com/regions/north_america/Kuwait-ordered-to-pay-Dow-close-to-$2-5-billion-in-K-Dow-arbitration-case_50222.html
March 4, 2013
Sabic will not be going ahead with plans announced last year to build a $5.3-billion methanol-to-olefins complex in Trinidad and Tobago in a joint venture with Sinopec, Sabic said...
http://www.chemweek.com/regions/north_america/Sabic-pulls-out-of-$5-3-billion-methanol-to-olefins-JV-project-in-Trinidad-and-Tobago-Update_50216.html
March 1, 2013
Ascend Performance Materials (Houston) is proceeding with plans to build a $1.2-billion propane dehydrogenation (PDH) facility at its Chocolate Bayou complex at Alvin, TX. The PDH unit...
http://www.chemweek.com/regions/north_america/Ascend-plans-$1-2-billion-PDH-plant-at-Chocolate-Bayou_50166.html
March 1, 2013
Praxair completed its previously announced acquisition of NuCO2 for $1.1 billion on 1 March. Separately, the company announced that the Venezuelan government’s devaluation of the bolivar would reduce first-quarter earnings by 8 cts/share....
http://www.chemweek.com/regions/north_america/us/Praxair-completes-NuCO2-buy-Venezuela-devaluation-to-hurt-first-quarter-earnings_50214.html
March 1, 2013
Mexichem's consolidated fourth-quarter results are in line with the preliminary figures released in mid-February. The company announced additionally a 79-million Mexican peso ($6.18...
http://www.chemweek.com/regions/north_america/Mexichem-consolidated-fourth-quarter-results-show-loss-of-peso79-million_50204.html
March 1, 2013
Advanced Refining Technologies (ART), a joint venture between W.R. Grace and Chevron, announced last week that it has signed a sales agreement with Chevron Lummus Global (CLG) to...
http://www.chemweek.com/regions/north_america/ART-Chevron-Lummus-Global-ink-catalyst-sales-agreement_50203.html
March 1, 2013
Hanwha Chemical (Seoul) plans to build an ethylene plant in the United States in collaboration with a local shale gas company, Korean reports said today, citing an unnamed source...
http://www.chemweek.com/regions/north_america/Hanwha-Chemical-plans-ethylene-plant-in-the-United-States-based-on-shale-gas_49896.html
March 1, 2013
Hanwha Chemical (Seoul) plans to build an ethylene plant in the United States in collaboration with a local shale gas company, according to Korean press reports, citing an unnamed...
http://www.chemweek.com/regions/north_america/Hanwha-eyes-US-ethylene-plant-based-on-low-cost-shale_50173.html
March 1, 2013
Net income for the fourth quarter 2012 totaled $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, in the year-ago period....
http://www.chemweek.com/regions/north_america/Westlake-earnings-soar-on-shale-advantage_49940.html
March 1, 2013
Fourth-quarter 2012 profit totaled $57 million on revenue of $1.104 billion, versus profit of $77 million on revenue of $1.102 billion in the year-ago period....
http://www.chemweek.com/regions/north_america/Nova-earnings-down-on-falling-ethylene-prices_50200.html
March 1, 2013
Several industry organizations, including ACC and the National Association of Chemical Distributors (NACD), announced support for introduction of the General Duty Clause Clarification...
http://www.chemweek.com/regions/north_america/ACC-NACD-announce-support-of-General-Duty-Clause-Clarification-Act_50197.html
March 1, 2013
Sealed Air (Elmwood Park, NJ) has named Jerome Peribere president and CEO of the company, effective 1 March. Peribere joined Sealed Air in September 2012 as president and COO. Peribere was previously with Dow Chemical for 35 years, serving as CEO of Dow Advanced Materials before joining Sealed Air last September....
http://www.chemweek.com/regions/north_america/Sealed-Air-names-Peribere-as-CEO_50196.html
March 1, 2013
Arkema is betting strongly on the Asian and North American markets, focusing its investments on the high-performance materials and coating solutions areas, to remain on track toward...
http://www.chemweek.com/regions/north_america/Arkema-bets-on-Asian-North-American-markets-on-track-with-2016-road-map_50187.html
March 1, 2013
TPC Group’s (TPC; Houston) board has approved capital spending for the next phase of engineering for a planned on-purpose butadiene unit, the company said. TPC expects...
http://www.chemweek.com/regions/north_america/TPC-gets-green-light-for-on-purpose-butadiene-production-plans_50175.html
March 1, 2013
A federal jury has ordered Dow Chemical to pay $400 million to plaintiffs in a urethane chemicals price-fixing class-action lawsuit. Under federal antitrust law, the damages could be...
http://www.chemweek.com/regions/north_america/Jury-orders-Dow-to-pay-$400-million-in-urethanes-price-fixing_50172.html
March 1, 2013
Dow Chemical has launched a $1.5-billion share buyback program. The buybacks will occur either in the open market or in privately negotiated transactions, Dow says. ”This...
http://www.chemweek.com/regions/north_america/Dow-launches-$1-5-billion-share-buyback_50171.html
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