IHS Chemical Week

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January 16, 2015
Germany’s chemical trade association VCI (Frankfurt) says it welcomes the public debate on investor protection during a plenary debate on the topic in Germany’s parliament...
http://www.chemweek.com/regions/north_america/us/VCI-Excluding-ISDS-from-TTIP-would-be-totally-wrong_66942.html
January 16, 2015
Sources in the US market for aromatics said this week that petrochemical producers’ attention is already focused on planned maintenance turnarounds in February before the...
http://www.chemweek.com/regions/north_america/Seasonal-turnaround-plans-emerging-for-aromatics-in-the-US_66926.html
January 16, 2015
Declining crude oil futures, ample supply, and weaker propylene prices in Asia are maintaining downward pressure on the US market for propylene. The continued weakness, which follows...
http://www.chemweek.com/regions/north_america/Weak-fundamentals-persist-for-propylene-in-the-US_66922.html
January 16, 2015
Ube Industries announced today that it has bought a majority stake in Advanced Electrolyte Technologies (AET; Midland, MI) and intends to raise its stake further by end of March. AET...
http://www.chemweek.com/regions/north_america/Ube-Industries-buys-Dow-out-of-electrolytes-joint-venture_66919.html
January 16, 2015
Market sources are expecting February orders for polypropylene (PP) in the US market to be made more difficult to fulfil by recent production issues and planned turnarounds that are...
http://www.chemweek.com/regions/north_america/PP-production-issues-expected-to-challenge-US-market-in-February_66924.html
January 15, 2015
H.B. Fuller last night reported fiscal fourth-quarter net income down by nearly half year-on-year (YOY), to $10.8 million, or 21 cts/share, on revenues up 2.7%, to $547.7 million...
http://www.chemweek.com/regions/north_america/H-B-Fuller-earnings-fall-despite-higher-sales_66858.html
January 15, 2015
PPG Industries today reported fourth-quarter net income from continuing operations of $86 million, or 62 cts/share, down 64% year-on-year (YOY), on sales up 6%, to $3.71 billion. A...
http://www.chemweek.com/regions/north_america/PPG-beats-estimates-on-solid-volumes_66855.html
January 15, 2015
Prompt aromatics moved up in the US market yesterday, as prices firmed on the back of stronger crude oil futures. NYMEX West Texas Intermediate crude futures had their strongest gain...
http://www.chemweek.com/regions/north_america/Aromatics-prices-rise-in-the-US-on-higher-crude-futures_66849.html
January 15, 2015
Boardwalk Pipeline Partners (Houston) says that it has no timeline for when the Evangeline ethylene pipeline system will be back up and running. The Evangeline pipeline, which...
http://www.chemweek.com/regions/north_america/Boardwalk-No-timeframe-to-bring-ethylene-pipeline-back-online_66848.html
January 15, 2015
The Obama administration has announced a goal to cut emissions of methane from the oil and gas sector by 40–45% by 2025, compared with the levels in 2012. Methane is a potent...
http://www.chemweek.com/regions/north_america/us/Obama-administration-aims-to-cut-methane-emissions-from-oil-and-gas-sector-by-40-45-percent_66847.html
January 15, 2015
The US ethylene market picked up slightly early yesterday on news that two steam crackers were offstream in Texas. ExxonMobil Chemical was having issues with a cracker at its Beaumont...
http://www.chemweek.com/regions/north_america/Ethylene-prices-up-in-the-US-on-cracker-issues-in-Texas_66846.html
January 14, 2015
Koppers today announced it has completed a legal reorganization of its foreign subsidiaries, allowing it to repatriate cash at a lower effective tax rate. The company estimates cash...
http://www.chemweek.com/regions/north_america/Koppers-completes-tax-reorganization-delays-plant-construction_66821.html
January 14, 2015
Shire (Dublin) and NPS Pharmaceuticals (Bedminster, NJ) today announced that they have entered into an agreement for Shire to acquire all the outstanding shares of NPS Pharma for...
http://www.chemweek.com/regions/north_america/Shire-to-acquire-NPS-Pharma-for-$5-2-billion-building-leading-biotech-position_66731.html
January 14, 2015
The availability of pyrolysis gasoline (pygas) has lengthened in Europe, leading to export shipments to the United States totaling an estimated 50,000 m.t. in the past month.  ...
http://www.chemweek.com/regions/north_america/Competing-cracker-benzene-dynamics-create-glut-of-pygas-in-Europe_66816.html
January 13, 2015
Cabot says its board has authorized the company to repurchase up to 5 million shares of the company’s common stock, roughly 8% of shares outstanding, and cancelled a previous...
http://www.chemweek.com/regions/north_america/us/Cabot-increases-share-repurchase-authorization_66808.html
January 13, 2015
Platform Specialty Products says it plans to raise $2 billion from senior notes and term loans to fund its $3.5-billion acquisition of agricultural chemicals firm Arysta. Platform says...
http://www.chemweek.com/regions/north_america/us/Platform-raises-$2-billion-to-fund-Arysta-purchase_66807.html
January 13, 2015
Iofina (Greenwood Village, CO), a major producer of iodine and derivatives, has announced in its annual trading update that it produced a total of 327.7 m.t. of crystalline iodine in...
http://www.chemweek.com/regions/north_america/Iofina-expects-strong-growth-in-2015_66787.html
January 13, 2015
A pair of refinery fires over the weekend resulted in the unplanned shutdown of the refineries. As aromatics markets opened on 12 January, news of the accidents was overshadowed by the...
http://www.chemweek.com/regions/north_america/Refinery-fires-little-affect-aromatics-markets-in-US_66785.html
January 13, 2015
Hedge fund Trian Fund Management (New York) on Friday continued its campaign against DuPont management by nominating four directors to the company’s board. The four are Trian CEO...
http://www.chemweek.com/regions/north_america/Trian-nominates-four-DuPont-directors-sharpens-call-for-break-up_66718.html
January 13, 2015
The European Commission has today published its analysis of the response received during its online consultation on the investor-state dispute settlement (ISDS) clause in the...
http://www.chemweek.com/regions/north_america/us/European-Commission-reports-analysis-of-online-consultation-on-investor-state-dispute-settlement-in-TTIP_66797.html
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