IHS Chemical Week

Archives :: Regions :: North America

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February 23, 2015
Cronus Chemicals (Chicago) has signed an engineering, procurement, and construction (EPC) contract with Tecnimont-Illinois, a Tecnimont subsidiary, for the previously announced Cronus...
http://www.chemweek.com/regions/north_america/Cronus-Chemicals-signs-EPC-contract-for-Illinois-fertilizer-project_68008.html
February 23, 2015
Asahi Kasei will retain Polypore’s energy storage business, a maker of polymer membranes that separate the cathode and anode in batteries. As part of the deal, 3M (St. Paul, MN) will acquire the assets of Polypore’s separations media business, which produces membranes and membrane modules used in hemodialysis, blood oxygenation, plasmapheresis, other medical applications, for about $1 billion immediately prior to Asahi Kasei’s acquisition of Polypore....
http://www.chemweek.com/regions/north_america/us/Asahi-Kasei-to-acquire-Polypore-in-deal-valued-at-$3-2-billion_68006.html
February 23, 2015
KBR has confirmed that it has signed an engineering, procurement, and construction (EPC) contract with Yara International and BASF for their joint project to build a world-scale...
http://www.chemweek.com/regions/north_america/us/KBR-confirms-award-of-EPC-contract-for-BASF-Yara-ammonia-plant-at-Freeport_68000.html
February 23, 2015
Matheson (Basking Ridge, NJ), a subsidiary of industrial gases company Taiyo Nippon Sanso (Tokyo), says that it has acquired Sims Welding Supply (Long Beach, CA), a supplier of...
http://www.chemweek.com/regions/north_america/us/Matheson-acquires-industrial-gases-firm-in-California_67999.html
February 23, 2015
Valeant Pharmaceuticals International (Laval, PC) said on Sunday that it has entered into a definitive agreement with Salix Pharmaceuticals (Raleigh, NC) under which Valeant will...
http://www.chemweek.com/regions/north_america/Valeant-Pharma-to-acquire-Salix-Pharma-in-$14-5-billion-deal_67996.html
February 21, 2015
The United Steelworkers (USW; Pittsburgh) expanded its strike on Saturday to include Motiva’s refinery in Port Arthur, TX. In addition, 24 hour strike notices were delivered at...
http://www.chemweek.com/regions/north_america/USW-strike-expands-to-include-Motiva-refinery_67990.html
February 21, 2015
Chevron Phillips Chemical (CPChem) is expected to restart production over the weekend at its Cedar Bayou, TX facility, according to US olefins sources. The company said in a state...
http://www.chemweek.com/regions/north_america/CPChem-expected-to-restart-production-at-Cedar-Bayou-this-weekend_67988.html
February 20, 2015

During the week ended 14 February, chemical railcar traffic in North America increased both sequentially and year-over-year (YOY), boosted by strong gains in the United States, but results from Mexico remain weak.

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http://www.chemweek.com/regions/north_america/Weekly-chemical-rail-traffic-in-North-America-up-9-4-percent-YOY_67975.html
February 20, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
http://www.chemweek.com/regions/north_america/us/Omnova-and-Barington-reach-agreement-on-board-seats_67977.html
February 20, 2015
Crude oil and gasoline inventories were up in the United States during the week ended 13 February, as was production and consumption, according to data released by the US Energy...
http://www.chemweek.com/regions/north_america/US-crude-and-gasoline-stocks-up-exceeding-analysts-expectations_67932.html
February 20, 2015
Propylene inventories were up slightly in the United States for the week ended 13 February, according to data released by the US Energy Information Administration. Domestic inventories...
http://www.chemweek.com/regions/north_america/Propylene-stocks-up-in-US_67931.html
February 20, 2015
US prompt benzene spot prices have again dropped below the $2.00/gallon mark this week on the back of ample supply, weak demand, declining crude futures, and the potential for imports...
http://www.chemweek.com/regions/north_america/Benzene-prices-fall-back-below-$2-00gallon-in-US-on-weak-fundamentals_67933.html
February 20, 2015
Axiall reports a net loss of $13.8 million for the fourth quarter, a sharp drop year-over-year (YOY) from $57 million. Net sales were flat YOY at $1.1 billion. Adjusted earnings per share of 19 cts beat the mean analysts’ estimate of 16 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/Axiall-swings-to-loss-but-beats-estimates_67912.html
February 19, 2015
Calgon Carbon has reported fourth quarter net income up 10% year-on-year (YOY), to $12.1 million, on sales up 5.7%, to $140.6 million. The activated carbon segment, which constitutes...
http://www.chemweek.com/regions/north_america/Calgon-Carbon-earnings-rise-on-strong-activated-carbon-sales_67901.html
February 19, 2015
Yara International and BASF today announced that they have agreed to build a previously announced world-scale ammonia plant at BASF’s site at Freeport, TX. The two companies, in...
http://www.chemweek.com/regions/north_america/us/BASF-Yara-confirm-plans-to-invest-$600-million-to-build-ammonia-plant-at-Freeport_67885.html
February 19, 2015
Huntsman reports a loss of $38 million for the fourth quarter of 2014, down 190% year-over-year (YOY) from profit of $41 million on lower earnings from the pigment and additives division. Sales for the quarter totaled $2.95 billion, up 9% YOY from $2.70 billion. Adjusted diluted income of 33 cts/share missed the mean analysts’ estimate of 37 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/Huntsman-swings-to-$38-million-loss-misses-estimates_67862.html
February 19, 2015
PolyOne says that it is expanding capacity for its OnForce LFT long-fiber specialty thermoplastics, in response to growing customer demand for metal replacement. A new, dedicated...
http://www.chemweek.com/regions/north_america/us/PolyOne-expands-capacity-for-long-fiber-specialty-thermoplastics_67884.html
February 18, 2015
US specialty chemical market volumes fell 0.5% on a sequential basis in January, following gains of 0.3% and 0.6%, respectively, in November and December, according to ACC. The drop...
http://www.chemweek.com/regions/north_america/ACC-Specialties-market-volumes-decline-in-January_67881.html
February 18, 2015
Tesoro's (San Antonio) board has approved two complementary investments—a mixed xylenes project and a naphtha isomerization project—at the company's Anacortes, WA...
http://www.chemweek.com/regions/north_america/Tesoros-board-approves-mixed-xylenes-project-at-Anacortes_67855.html
February 18, 2015
Innospec has reported net income down 3.0% year-on-year (YOY), to $27.9 million, or $1.11/share, on sales up 20%, to $290.7 million. Ebitda rose 28% YOY, to $49.5 million, while...
http://www.chemweek.com/regions/north_america/Innospec-net-income-declines-despite-higher-sales_67865.html
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