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January 8, 2014
Mosaic announced today that it has completed the previously announced purchase of shares from the Margaret A. Cargill Foundation and the Anne Ray Charitable Trust (MAC Trusts...
http://www.chemweek.com/regions/north_america/Mosaic-repurchases-over-21-million-Cargill-shares_57816.html
January 8, 2014
W.R. Grace, which hopes to exit from bankruptcy later this month after nearly 13 years in Chapter 11, is looking to secure $1.55 billion in exit financing from several banks, reports...
http://www.chemweek.com/regions/north_america/W-R-Grace-looking-to-obtain-$1-55-billion-in-exit-financing_57817.html
January 8, 2014
Cibus Global (San Diego), a technology firm, has acquired the remaining interest in Nucelis (San Diego) for an undisclosed amount, Cibus has announced. Nucelis, established as an...
http://www.chemweek.com/regions/north_america/US-technology-firm-becomes-sole-owner-of-biobased-chemical-start-up_57795.html
January 8, 2014
PTT Global Chemical (PTTGC; Bangkok) says that Myriant (Quincy, MA), in which PTTGC holds a 72.62% stake, has purchased 3,406,569 shares from existing shareholders and reduced its...
http://www.chemweek.com/regions/north_america/us/PTT-Global-Chemical-ups-its-Myriant-shares-to-84-77-percent_57791.html
January 8, 2014
South Louisiana Methanol (SLM) says it has received an air permit from the Louisiana Department of Environmental Quality and the State of Louisiana for its $1.3-billion, 5,000-m.t./day gas-to-methanol project at St. James Parish, LA....
http://www.chemweek.com/regions/north_america/South-Louisiana-Methanol-receives-air-permit_57805.html
January 8, 2014
Koppers, a producer of carbon compounds and treated wood products, says it has signed an agreement to acquire the railroad crosstie treating business and related manufacturing facility...
http://www.chemweek.com/regions/north_america/Koppers-acquires-railroad-crosstie-business-in-Canada_57803.html
January 8, 2014
LSB Industries (Oklahoma City) has taken down the anhydrous ammonia plant at its Pryor, OK, facility to address excessive vibration in the second stage of the compressor....
http://www.chemweek.com/regions/north_america/LSB-shuts-down-Pryor-ammonia-plant-again_57796.html
January 8, 2014
Strong soybean and glyphosate sales helped Monsanto offset lower corn results and exceed analysts’ estimates for its fiscal first quarter.  The company reports net income of...
http://www.chemweek.com/regions/north_america/Monsanto-tops-estimates-on-strong-soybean-and-glyphosate-results_57800.html
January 8, 2014
A judge in California has increased the fine to be paid by Sherwin-Williams (SW), NL Industries, and ConAgra in a lead paint case, from $1.1 billion to $1.15 billion. The decision, by...
http://www.chemweek.com/regions/north_america/Judge-raises-fine-in-Sherwin-Williams-lead-paint-case_57801.html
January 8, 2014
RPM International today announced fiscal 2014 second-quarter earnings up 52.5% year-on-year (YOY), to $63.6 million, on sales up 5.3%, to $1.02 billion. Earnings rose 21.1% YOY on an...
http://www.chemweek.com/regions/north_america/RPM-earnings-rise-beat-estimates_57797.html
January 8, 2014
Evonik Industries says that, on 1 January, its Evonik Goldschmidt (Hopewell, VA) unit, a provider of specialty surfactants with a focus on the consumer goods market, has merged with...
http://www.chemweek.com/regions/north_america/us/Evonik-Goldschmidt-merges-with-Evonik-Corp-_57793.html
January 7, 2014
A. Schulman announced today that it has acquired Prime Colorants (Franklin, TN), a maker of custom colors and additives concentrates, for $15.1 million. Prime, which has been involved...
http://www.chemweek.com/regions/north_america/Schulman-acquires-colors-business-in-US-for-$15-million_57779.html
January 7, 2014
A. Schulman has reported fiscal first-quarter net income up 5% year-on-year (YOY), to $12.4 million, on net sales up 10%, to $585.4 million. Adjusted income, which excludes...
http://www.chemweek.com/regions/north_america/Schulman-earnings-rise-5-percent-YOY_57778.html
January 7, 2014
Enterprise Product Partners has announced a revised expansion of its Houston liquefied petroleum gas (LPG) export terminal at Oiltanking's (Hamburg) tank storage complex on the Houston Ship Channel. This project supersedes an expansion announced in October 2013, Enterprise said recently. The company also continues to evaluate the development of an ethane export terminal....
http://www.chemweek.com/regions/north_america/Enterprise-revises-expansion-of-Houston-LPG-terminal-continues-discussions-around-ethane-export-terminal_57776.html
January 7, 2014
PolyOne today announced that it is realigning its North American business “to better serve customers and to increase utilization of its manufacturing assets.” The actions...
http://www.chemweek.com/regions/north_america/PolyOne-realigns-business-in-North-America-following-Spartech-acquisition_57777.html
January 7, 2014
Ultrapar (São Paulo) will invest about 1.5 billion reais ($629.8 million) during 2014, according to the company's investment plan, published on 6 January. The company has...
http://www.chemweek.com/regions/north_america/Ultrapar-to-invest-244-million-reais-in-Oxiteno-ethoxylate-expansions-this-year_57772.html
January 7, 2014
PPG Industries announced on 6 January that it has named Shelley Bausch v.p./global industrial coatings, effective 16 January. Bausch will report to Viktor Sekmakas, PPG executive v.p...
http://www.chemweek.com/regions/north_america/PPG-names-industrial-coatings-v-p-_57770.html
January 6, 2014
A. Schulman has named James Irwin to the newly created post of senior director/corporate business development, the company says. In the role, Irwin will be responsible for...
http://www.chemweek.com/regions/north_america/Schulman-names-business-development-head_57760.html
January 6, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 17 out of 20 this week. Thus, we continue to post a green banner. Consumer Confidence up 6.1 points to 78.1 Personal...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-3-January-2014_57756.html
January 6, 2014
Air Products announced today that it has signed a long-term production agreement with Big River Resources Boyceville (Boyceville, WI), a grain ethanol producer, for liquid carbon...
http://www.chemweek.com/regions/north_america/Air-Products-builds-liquid-CO2-plant-at-Wisconsin-ethanol-facility_57751.html
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