IHS Chemical Week

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March 31, 2014
Momentive Specialty Chemicals (MSC) today reported fourth-quarter revenues up 11% year-on-year (YOY), to $1.2 billion, with segment Ebitda down 6%, to $79 million. The quarterly net...
http://www.chemweek.com/regions/north_america/Momentive-Specialty-Chemicals-loss-widens-revenue-up_59939.html
March 31, 2014
Dow Chemical announced today that its joint venture chlor-alkali facility with Mitsui & Co. has started full-scale commercial production at Freeport, TX. The facility has capacity...
http://www.chemweek.com/regions/north_america/Dow-Mitsui-start-up-chlor-alkali-jv-plant_59934.html
March 31, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.3%; up 2.5% Y/Y Consumer Confidence up 4.0...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-28-March-2014_59936.html
March 31, 2014
Renewable products company Amyris (Emeryville, CA) and Kuraray have expanded and extended their ongoing collaboration in high performance polymers using Biofene, Amyris's brand of...
http://www.chemweek.com/regions/north_america/us/Amyris-and-Kuraray-expand-collaboration-in-farnesene-based-polymers_59929.html
March 28, 2014
The United States will probably gain at least three new ethylene oxide/ethylene glycol facilities by 2018, says Tison Keel, director/ethylene oxide and derivatives at IHS Chemical. Although very little new capacity has been announced, favorable economics and ample feedstock make a strong case for investment, he says....
http://www.chemweek.com/regions/north_america/IHS-WPC-Three-new-EG-plants-in-US-likely-by-2018_59906.html
March 28, 2014
Compared to one year ago, there are more reasons to be optimistic about the economic outlook in the developed nations, particularly the United States, says Nariman Behravesh, chief economist at IHS. However, the outlook for the developing nations, notably China, has gotten worse. “China is an accident waiting to happen,” he says....
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2014-Advanced-economies-accelerate-as-growth-slows-in-developing-nations_59862.html
March 28, 2014
US exports of polyethylene, polypropylene, and para-xylene, three of the largest primary petrochemical products, could double by 2025 thanks to shale gas, ExxonMobil Chemical president Stephen Pryor told attendees in the keynote address at the IHS Chemical World Petrochemical Conference at Houston on Wednesday....
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2014-US-exports-of-key-petrochemicals-could-double-by-2025-ExxonMobil-says_59887.html
March 28, 2014
While US producers have entered growth and investment mode thanks to the surge in unconventional energy production, producers in all regions must adapt in response to challenges in...
http://www.chemweek.com/regions/north_america/IHS-WPC-2014-Producers-adapt-to-rapidly-changing-petrochemical-landscape_59857.html
March 28, 2014
International Flavors & Fragrances (IFF) says it is realigning responsibilities under Nicolas Mirzayantz, president/fragrances, effective 1 April. The change includes creation of a...
http://www.chemweek.com/regions/north_america/us/IFF-makes-organization-changes-in-fragrances-business-unit_59903.html
March 28, 2014
ExxonMobil Chemical announced today that it has opened a new manufacturing facility at its to produce up to 50,000 m.t./year of its SpectraSyn Elite–brand metallocene...
http://www.chemweek.com/regions/north_america/ExxonMobil-opens-metallocene-polyalpha-olefin-facility-at-Baytown_59905.html
March 28, 2014
Momentive Performance Materials says that Jack Boss will be joining the company as president/silicones and quartz, effective 31 March. Boss will be responsible for leading the...
http://www.chemweek.com/regions/north_america/us/Momentive-appoints-presidentsilicones-and-quartz_59895.html
March 28, 2014
Diminished production of propylene and butadiene as a result of the shift toward lighter feedstocks is a growing challenge for integrated petrochemical producers, says Heidi...
http://www.chemweek.com/regions/north_america/IHS-WPC-2014-Shale-shift-raises-concerns-for-some-non-ethylene-value-chains_59889.html
March 27, 2014
A wave of on-purpose propylene capacity over the next five years is set to significantly outpace projected demand growth....
http://www.chemweek.com/regions/north_america/IHS-WPC-2014-Global-propylene-caught-in-supply-currents_59890.html
March 27, 2014
H.B. Fuller today reported fiscal first-quarter net income down 29.4% year-on-year (YOY), to $24.6 million, or 28 cts/share, on revenues up 1.3%, to $486 million. Higher volume...
http://www.chemweek.com/regions/north_america/Fuller-net-income-falls-despite-revenue-increase_59876.html
March 27, 2014
Aceto (Port Washington, NY) says that its wholly owned subsidiary Rising Pharmaceuticals (Allendale, NJ) has signed a definitive purchase agreement to acquire Pack Pharmaceuticals...
http://www.chemweek.com/regions/north_america/us/Aceto-to-acquire-Pack-Pharmaceuticals-for-$100-million_59873.html
March 27, 2014
LanzaTech (Roselle, IL), a company developing technology to convert waste gas streams into low-carbon liquid fuels and chemicals, says it has raised $60-million in a series D funding...
http://www.chemweek.com/regions/north_america/LanzaTech-raises-$60-million-in-Series-D-round_59880.html
March 27, 2014
Airgas says that Andrew Cichocki president of Airgas’s USA distribution division, effective 1 April. Cichocki is currently a member of Airgas’s management committee, and he...
http://www.chemweek.com/regions/north_america/Airgas-US-distribution-names-new-president_59844.html
March 27, 2014
The chemical industry is in a state of perpetual restructuring, creating opportunities and threats for existing business models. Changing business dynamics and megatrends add to these...
http://www.chemweek.com/regions/north_america/IHS-WPC-2014-Industry-needs-to-clarify-and-reevalute-its-business-models_59864.html
March 26, 2014
The oil spill that shut down Galveston Bay is still being cleaned up, but the US Coast Guard has authorized commercial ship traffic in the ports of Houston and Galveston during daylight hours. The Coast Guard has also allowed barges through the Houston Ship Channel and on the Intracoastal Waterway....
http://www.chemweek.com/regions/north_america/Houston-ship-channel-reopens_59858.html
March 26, 2014
The shale revolution will dramatically affect the global distribution of chemical industry profits, says Dave Witte,senior v.p. of IHS and general manager of IHS Chemical. North America chemical earnings leaped ahead of the global average beginning in 2009, and Witte expects the trend to continue beyond 2018....
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2014-Shale-will-shift-global-distribution-of-chemical-earnings_59856.html
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