IHS Chemical Week

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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
March 1, 2013
specialty chemical earnings reports for the fourth quarter were mixed. Ecolab matched estimates on strong sales from the former Nalco. Rockwood’s earnings declined, mostly on...
http://www.chemweek.com/regions/north_america/Specialty-earnings-vary-on-mixed-end-markets_50169.html
March 1, 2013
Westlake Chemical and Kraton Performance Polymers posted divergent results for the fiscal quarter ended 31 December 2012. Westlake’s fourth-quarter earnings more than tripled...
http://www.chemweek.com/regions/north_america/Westlake-soars-on-shale-advantage-Kratons-loss-widens-on-charge_50168.html
March 1, 2013
Evonik Industries says that its CyPlus (Hanau, Germany) subsidiary and Grupo Idesa (Mexico City) are close to signing a joint venture agreement for the construction of a sodium cyanide...
http://www.chemweek.com/regions/north_america/Evonik-and-Idesa-form-joint-venture-to-build-sodium-cyanide-plant-in-Mexico_50157.html
March 1, 2013
Cambrex (East Rutherford, NJ) and Dow Chemical have executed an agreement for Cambrex to contract manufacture Dow hydroxypropyl methylcellulose acetate succinate for drug solubility...
http://www.chemweek.com/regions/north_america/Dow-Cambrex-align_50156.html
March 1, 2013
BASF says that it has signed an agreement with Bend Research (Bend, OR) to jointly evaluate and develop novel excipients to enhance the solubility and bioavailability of poorly soluble...
http://www.chemweek.com/regions/north_america/BASF-Bend-collaborate_50155.html
March 1, 2013
Synthetic fuel and fertilizer company Rentech (Los Angeles) says it will shutter its Commerce City, CO, product demonstration unit and eliminate related R&D activities. Rentech...
http://www.chemweek.com/regions/north_america/Rentech-shuts-R-and-D-unit_50154.html
March 1, 2013
The European Union has adopted a 5-year antidumping duty on US ethanol that will result in a €62.30/m.t. ($83.20) net tariff applied to imports, effective 22 February. Ethanol...
http://www.chemweek.com/regions/north_america/EU-bioethanol-tariff_50153.html
March 1, 2013
A federal judge in Baton Rouge, LA, has ruled that two tax-shelter transactions entered into by Dow Chemical, and designed by Goldman Sachs and law firm King & Spalding amounted to...
http://www.chemweek.com/regions/north_america/Dow-loses-US-tax-shelter-case-considers-appeal_50152.html
March 1, 2013
ACC’s monthly Chemical Activity Barometer (CAB) increased for a seventh consecutive month—posting a 0.6% gain over January, to 92.1, indicating a slowly growing US economy...
http://www.chemweek.com/regions/north_america/ACCs-indicator-ticks-up-for-seventh-consecutive-month_50151.html
March 1, 2013
Unusually weak demand for coproduct phenol has tightened acetone supply in the United States and Europe, sending prices upward, say analysts at IHS Chemical. Acetone prices for small...
http://www.chemweek.com/regions/north_america/Acetone-prices-in-Europe-and-US-rise-on-tight-supply-weak-phenol_50145.html
March 1, 2013
Albemarle’s fine chemicals unit has maxed out its custom manufacturing capacity after three years of dramatic growth and has begun a major expansion at its Tyrone, PA, site that will come online in the first quarter of 2014, David DeCuir, fine chemistry services’ business director, tells CW....
http://www.chemweek.com/regions/north_america/Albemarle-plans-further-fine-chemicals-expansion_50132.html
March 1, 2013
Although economic bright spots boosted industry sentiment in 2012, burdensome regulatory regimes and skepticism regarding the government’s ability to implement an effective...
http://www.chemweek.com/regions/north_america/Socma-Politics-burdensome-compliance-requirements-undermine-recovery_50131.html
March 1, 2013
Drug companies looking for fast turnaround and strong intellectual property (IP) protection are moving away from low-cost emerging market firms—lifting prospects for US-based producers of active pharmaceutical ingredients (APIs) producers, according to attendees of Informex, held earlier this month at Anaheim, CA....
http://www.chemweek.com/regions/north_america/Informex-2013-Bright-outlook-for-US-API-manufacturing_50130.html
March 1, 2013
Bayer CropScience and Syngenta have submitted applications for the approval of a new herbicide-tolerance soybean trait in various countries, the companies announced today. It is now...
http://www.chemweek.com/regions/north_america/Bayer-and-Syngenta-submit-herbicide-tolerance-soybean-trait-for-approval-launch-expected-after-2015_50192.html
March 1, 2013
Keyuan Petrochemicals (Ningbo, China) has agreed to pay $1 million to settle securities fraud charges in the United States, the SEC (Washington) said on Thursday. The SEC charged...
http://www.chemweek.com/regions/north_america/Keyuan-Petrochemicals-agrees-to-pay-$1-million-fraud-charges-in-the-US_50182.html
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