IHS Chemical Week

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June 10, 2014
Eastman Chemical announced today that executive chairman James Rogers will retire from the company on 30 June, and that CEO Mark Costa will add the title chairman on that date...
http://www.chemweek.com/regions/north_america/Eastman-CEO-Costa-to-add-chairman-title_61664.html
June 10, 2014
Occidental Petroleum has named Robert Peterson president of OxyChem, effective 1 August. Peterson succeeds Chuck Anderson, who will retire on 31 July. Peterson has served as senior...
http://www.chemweek.com/regions/north_america/Next-OxyChem-president-announced_61654.html
June 10, 2014
Momentive Performance Materials (MPM) announced today the opening of its new automotive glazing coating facility at Leverkusen. MPM says customers will be able to coat...
http://www.chemweek.com/regions/north_america/Momentive-Performance-Materials-opens-automotive-coating-facility-in-Germany_61649.html
June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/regions/north_america/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
June 10, 2014
PPG has acquired Masterwork (Pittsburgh), a distributor of architectural paints in western Pennsylvania, Ohio, and New York. Masterwork owned and operated 13 stores, which mostly stock...
http://www.chemweek.com/regions/north_america/PPG-acquires-paint-stores-in-northeastern-US_61650.html
June 10, 2014
Upgrading work at Petróleos Mexicanos's (Pemex; Mexico City) urea plant at Pajaritos, Mexico, has started, Pemex says. The work will boost the plant's urea production capacity...
http://www.chemweek.com/regions/north_america/Pemex-starts-upgrade-of-urea-plant_61644.html
June 10, 2014
Univar says it has broken ground on a 52,000–sq ft distribution center on 12 acres of land at Elmendorf, TX. The facility, located in the Alamo Junction Rail Park, is expected to...
http://www.chemweek.com/regions/north_america/Univar-breaks-ground-on-facility-in-Texas-to-serve-oil-and-gas-industry_61643.html
June 10, 2014
Sasol says it has selected Air Products to build, own, and operate a world-scale air separation plant for the long-term supply of oxygen, nitrogen, and compressed air to Sasol’s...
http://www.chemweek.com/regions/north_america/Air-Products-to-build-air-separation-plant-to-supply-Sasols-US-GTL-complex_61642.html
June 9, 2014
Sasol and Ineos have committed to a 50-50 joint venture to produce bimodal high-density polyethylene (HDPE) at Ineos’s Battleground Manufacturing Complex in LaPorte, TX. The jv will construct a 470,000-m.t./year HDPE plant, which is expected to begin operation in 2016....
http://www.chemweek.com/regions/north_america/Sasol-and-Ineos-go-forward-on-Texas-HDPE-joint-venture_61626.html
June 9, 2014
Praxair has started operations at its new 600-m.t./day air separation unit (ASU) at Memphis, TN. The ASU will supply gaseous and liquid oxygen, nitrogen, and argon to customers across...
http://www.chemweek.com/regions/north_america/Praxair-starts-Memphis-gases-plant_61625.html
June 9, 2014
3M announced today that it has appointed Nicholas Gangestad senior v.p. and CFO. Gangestad is replacing David Meline, who is leaving to become CFO of another company. Gangestad had...
http://www.chemweek.com/regions/north_america/3M-names-new-CFO_61624.html
June 9, 2014
Takasago (Tokyo), specialized in the creation of flavors and fragrances for consumer products, and Amyris (Emeryville, CA) will start commercializing farnesene-derived fragrance...
http://www.chemweek.com/regions/north_america/Takasago-Amyris-to-commercialize-farnesene-derived-fragrance-molecules_61623.html
June 9, 2014
GlyEco (Phoenix) has begun servicing its polyester by-products supply agreement with an unspecified, large, multinational polyester fiber producer, the company announced today...
http://www.chemweek.com/regions/north_america/GlyEco-servicing-by-products-supply-agreement-with-polyester-fiber-multinational_61622.html
June 9, 2014
MACROECONOMIC STATUS Our running tab of positive indicators rose to 14 out of 20 this week. We continue to post a green banner. Non-Farm Payrolls up 217,000 Unemployment Rate...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-6-June-2014_61627.html
June 9, 2014
KMG announced results for its third quarter ended 30 April, including lower electronics chemicals sales with strength in wood-treating chemicals. Net income of $1.2 million was down...
http://www.chemweek.com/regions/north_america/KMG-earnings-down-electronic-chemical-sales-up_61604.html
June 6, 2014
American Securities (New York), a private equity firm, has announced that it has partnered with management and signed a definitive agreement to acquire Emerald Performance Materials...
http://www.chemweek.com/regions/north_america/Private-equity-firm-American-Securities-buys-Emerald-Performance-Materials_61570.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/regions/north_america/Trinseo-launches-$180-million-IPO_61481.html
June 5, 2014
Invista announced today that it is forming a collaboration with Eucodis Bioscience (Vienna, Austria), a biotechnology company focused in enzyme engineering and industrial enzyme...
http://www.chemweek.com/regions/north_america/Invista-to-collaborate-with-Austrian-enzyme-company_61584.html
June 5, 2014
PPG Industries has reached a definitive agreement to acquire the Homax Group (Bellingham, WA), a supplier of decorative wall and ceiling texture repair products. The transaction is...
http://www.chemweek.com/regions/north_america/PPG-acquires-wall-and-ceiling-repair-firm-Homax-Group_61585.html
June 5, 2014
Altana today inaugurated its new additives facility at Wallingford, CT, doubling capacity for paints, composites and other additives in its BYK Additives and Instruments division. The...
http://www.chemweek.com/regions/north_america/Altana-doubles-US-additives-capacity_61598.html
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