IHS Chemical Week

Archives :: Regions :: North America

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May 18, 2015
A. Schulman says that it has expanded its polyethylene terephthalate (PET) compounding capacity by adding a production line at the masterbatch plant at Bornem, Belgium. The added PET...
http://www.chemweek.com/regions/north_america/us/Schulman-completes-PET-masterbatch-compounding-expansion-in-Belgium_69795.html
May 18, 2015
Alpek’s (Monterrey, Mexico) first-quarter net income totaled $48 million, up 32% year-on-year (YOY), according to the latest company's results. Ebitda was up to $137 million from...
http://www.chemweek.com/regions/north_america/Alpeks-first-quarter-net-income-up-despite-lower-prices-due-to-higher-sales-volume_69844.html
May 18, 2015
Private equity firm Arsenal Capital (New York) has announced it is selling Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm...
http://www.chemweek.com/regions/north_america/Arsenal-Capital-to-sell-Royal-Adhesives-to-American-Securities_69843.html
May 18, 2015
Frutarom Industries (Herzliya, Israel), a leading global flavors and specialty fine ingredients firm, announced on Sunday that it has signed an agreement to acquire 95% of the shares...
http://www.chemweek.com/regions/north_america/Frutarom-acquires-flavors-producer-in-Canada-its-fifth-acquisition-this-year_70452.html
May 18, 2015
Chemours, DuPont’s performance chemicals subsidiary, says eight individuals have been selected to serve on its board of directors after the company’s planned spin-off from DuPont on 1 July. Richard Brown, formerly chair and CEO of Electronic Data Systems (EDS) and a member of DuPont’s board during 2001–15, will chair the board, The other board members will be Curtis Anastasio, Bradley Bell, Mary Cranston, Curtis Crawford, Dawn Farrell, Stephen Newlin, and Mark Vergnano....
http://www.chemweek.com/regions/north_america/us/Chemours-names-board-to-serve-after-spin-off-from-DuPont_70470.html
May 18, 2015
CF Industries (Deerfield, IL) says its board of directors has declared a five-for-one split of the company’s common stock in the form of a stock dividend. The split will be the company’s first since its IPO in 2005. Stockholders will receive four additional shares for each share of common stock they own on 17 June....
http://www.chemweek.com/regions/north_america/us/CF-declares-five-for-one-stock-split_70466.html
May 18, 2015
Suhail Mohamed Faraj Al Mazrouei, managing director of International Petroleum Investment Company (IPIC) and United Arab Emirates energy minister, has been named chairman of Nova Chemicals (Calgary, AB). Al Mazrouei replaces Khadem Al Qubaisi, who recently resigned from the board....
http://www.chemweek.com/regions/north_america/canada/IPIC-director-and-UAE-minister-named-Nova-Chemicals-chairman_70463.html
May 18, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest and one of Asia’s fastest-growing petrochemical players, tells CW that it will invest about $1 billion in a...
http://www.chemweek.com/regions/north_america/PTTGC-to-build-PO-polyols-complex-in-Thailand-details-US-ethane-cracker-plans_70462.html
May 18, 2015
The United States has seen benzene derivative exports moving to Europe with cumene and cyclohexane this week, as operational issues in that region have left producers looking to cover...
http://www.chemweek.com/regions/north_america/US-benzene-derivative-exports-move-to-EU-amid-production-issues_70450.html
May 15, 2015
DuPont this morning won its proxy battle with activist hedge fund Trian Fund Management (New York), as all four of the company's director nominees were re-elected to its board, company...
http://www.chemweek.com/regions/north_america/DuPont-wins-proxy-battle-with-Trian-update_70376.html
May 15, 2015
North America's styrene market is expected to be oversupplied in the second half of 2015 as styrene plant turnarounds come to an end in June, according to IHS Chemical director David...
http://www.chemweek.com/regions/north_america/North-Americas-styrene-market-expected-to-swing-to-oversupply-in-second-half-of-2015_70439.html
May 15, 2015
The Occupational Health and Safety Administration (OSHA) has cited DuPont for 11 safety violations and fined the company $99,000 after investigating a methyl mercaptan leak that killed four employees at DuPont’s La Porte, TX, facility in November 2014....
http://www.chemweek.com/regions/north_america/DuPont-fined-$99000-for-fatal-La-Porte-mercaptan-release_70440.html
May 15, 2015
Cefic and the American Chamber of Commerce to the European Union (AmCham EU; Brussels) hosted a joint event this week on the Transatlantic Trade and Investment Partnership (TTIP), the...
http://www.chemweek.com/regions/north_america/us/Cefic-EU-and-US-industry-have-a-responsibility-to-speak-up-in-support-of-TTIP_70434.html
May 15, 2015
Speculation is growing that Monsanto could soon return with a sweetened offer for Syngenta after lining up buyers for large parts of Syngenta’s seeds business, especially in...
http://www.chemweek.com/regions/north_america/Reports-Monsanto-seeks-buyers-for-Syngentas-US-seeds-business-to-meet-antitrust-concerns_70432.html
May 15, 2015
Invista said this week that the force majeure on adiponitrile (ADN) and hexamethylene diamine (HMD) was still in effect, as its Victoria, TX, facility was still in the process of...
http://www.chemweek.com/regions/north_america/Invista-force-majeure-still-in-place-at-Texas-ADN-plant_70423.html
May 14, 2015
Williams (Tulsa, OK) is to acquire Williams Partners in an all-stock-for-unit transaction valued at $13.8 billion. The two companies expect the deal to close in the fall of 2015 after regulatory and shareholder approval. Williams Partners will become a wholly owned subsidiary of Williams....
http://www.chemweek.com/regions/north_america/Williams-Williams-Partners-to-merge-in-$13-8-billion-deal_70410.html
May 14, 2015
Albemarle says that its Chemetall surface treatment business unit has acquired the business of Chemal (Hamm, Germany). Chemal, which was founded in 1975, specializes in research and...
http://www.chemweek.com/regions/north_america/us/Albemarles-Chemetall-unit-acquires-aluminum-finishing-business-in-Germany_70408.html
May 14, 2015
Rare Earth Minerals (REM; London) has announced an updated Mineral Resource Estimate (MRE) for the Sonora lithium project in northern Mexico, which indicates that the combined project...
http://www.chemweek.com/regions/north_america/mexico/Rare-Earth-Minerals-says-Sonora-lithium-resources-more-than-double-previous-estimates_70405.html
May 13, 2015
Mosaic announced on Wednesday that its board of directors has elected James (Joc) O'Rourke, currently executive v.p./operations and COO, to succeed James Prokopanko as president and...
http://www.chemweek.com/regions/north_america/Mosaic-appoints-new-president-and-CEO_70392.html
May 13, 2015
New personal-care product textures and sensory experiences, as well as sustainability and product safety initiatives, took center stage at the New York Society of Cosmetic Chemists'...
http://www.chemweek.com/regions/north_america/Suppliers-Day-2015-New-textures-drive-development-as-growth-prospects-are-strong_70391.html
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