IHS Chemical Week

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May 8, 2013
Calumet Specialty Products Partners (Indianapolis) reports a slight drop in first-quarter net income, though sales and adjusted Ebitda was up. Net income fell 11%, to $46 million...
http://www.chemweek.com/regions/north_america/Calumet-Specialty-Products-reports-drop-in-income-modest-sales-gain_51856.html
May 8, 2013
Renewable chemicals maker BioAmber has lowered the price range for its proposed initial public offering, saying in an SEC filing that it is now looking to raise $88 million by...
http://www.chemweek.com/regions/north_america/BioAmber-cuts-IPO-share-price_51855.html
May 8, 2013
Williams Partners (Tulsa, OK) on Tuesday reported first-quarter net income of $321 million, down 21% year-over-year (YOY).  “NGL margins declined 50% from the first-quarter...
http://www.chemweek.com/regions/north_america/Williams-Partners-net-income-down-YOY-on-NGL-margins-offset-by-olefins_51837.html
May 8, 2013
Codexis (Redwood City, CA), a company that engineers enzymes for pharmaceutical, biofuel, and chemical production, has reported a net loss of $9.62 million in the first quarter of...
http://www.chemweek.com/regions/north_america/us/Codexis-net-loss-widens_51843.html
May 8, 2013
PPG Industries says its PPG Fiber Glass unit has sold its 50% interest in the PPG-Devold (Shelby, NC) fiber glass joint venture to the jv partner Hexagon Devold (Langevåg...
http://www.chemweek.com/regions/north_america/us/PPG-sells-interest-in-PPG-Devold-joint-venture_51842.html
May 7, 2013
Evelyn Acquisition Co., a subsidiary established by Bayer HealthCare (Tarrytown, NY), for the purpose of acquiring contraceptive device maker Conceptus (Mountain View, CA) on Tuesday...
http://www.chemweek.com/regions/north_america/Bayer-commences-cash-tender-offer-for-birth-control-company-Conceptus_51840.html
May 7, 2013
KBR says it has been awarded a contract by an undisclosed “leading chemical company on the Gulf Coast” to provide turnaround services for its pyrolysis gasoline (pygas)...
http://www.chemweek.com/regions/north_america/KBR-awarded-turnaround-contract-for-a-pygas-unit-on-US-Gulf-Coast_51839.html
May 7, 2013
Praxair and Air Products have announced their support of  the Helium Stewardship Act of 2013, which seeks to to reform and reauthorize private helium sales from the federal helium...
http://www.chemweek.com/regions/north_america/Air-Products-Praxair-announce-support-of-Helium-Stewardship-Act_51824.html
May 7, 2013
Innospec today reported first-quarter net income down 26.8% year-on-year (YOY), to $18 million, on sales that were flat, at $199.4 million. Adjusted earnings totaled 72 cts/share, down...
http://www.chemweek.com/regions/north_america/Innospec-earnings-down-as-sales-remain-flat_51821.html
May 7, 2013
International Flavors & Fragrances (IFF) today reported net income up 11.2% year-on-year (YOY), to $90.7 million, or $1.10/share, on sales up 2.4%, to $727.8 million. Adjusted net...
http://www.chemweek.com/regions/north_america/IFF-earnings-beat-estimates-on-strong-sales_51820.html
May 7, 2013
The final resolution has been completed in the K-Dow arbitration between Dow Chemical and the Petrochemical Industries Company (PIC; Kuwait City, Kuwait), with Dow confirming today...
http://www.chemweek.com/regions/north_america/Dow-awarded-final-$2-2-billion-payment-in-K-Dow-arbitration_51816.html
May 7, 2013
Flexitallic Group (Houston) is in the process of being acquired by private equity firm Bridgepoint (London), Flexitallic has announced. The €450-million ($590 million)...
http://www.chemweek.com/regions/north_america/Private-equity-firm-Bridgepoint-acquires-sealant-solutions-firm_51803.html
May 7, 2013
DuPont Tate & Lyle Bio Products (DuPont Tate & Lyle), a joint venture between DuPont and agrobusiness firm Tate & Lyle, says it has partnered with preservatives...
http://www.chemweek.com/regions/north_america/DuPont-Tate-and-Lyle-RML-develop-biobased-personal-care-ingredients_51819.html
May 7, 2013
Biobased plastics firm Cereplast (El Segundo, CA) says it will relocate its corporate headquarters to Seymour, IN, to save costs and move its European headquarters to Milan in order to...
http://www.chemweek.com/regions/north_america/Cereplast-announces-restructuring_51817.html
May 7, 2013
(This story has been corrected. An earlier version stated that Westlake's first quarter net income increased by 190% YOY, whereas the actual increase was 40%. We regret the...
http://www.chemweek.com/regions/north_america/Westlake-earnings-leap-40-percent-YOY-beat-street-estimate-corrected_51768.html
May 7, 2013
A Harvard Law School study says disclosure of chemicals used in hydraulic fracturing via FracFocus—a voluntary registry endorsed by 11 states and the Bureau of Land Management...
http://www.chemweek.com/regions/north_america/Study-says-fracking-disclosure-registry-FracFocus-deficient_51814.html
May 7, 2013
Dow AgroSciences says US regulatory authorities have approved a new insecticidal active ingredient, sulfoxaflor, to be marketed in the United States. Sulfoxaflor belongs to a novel...
http://www.chemweek.com/regions/north_america/Dow-insecticide-receives-US-regulatory-approval_51812.html
May 7, 2013
Mishaps and mechanical problems from 2012 exacted a heavy cost on the first quarter results of LSB Industries’ (Oklahoma City, OK) chemical business. On Monday the company...
http://www.chemweek.com/regions/north_america/LSB-Industries-chemical-segment-reports-1Q-loss-on-downtime_51794.html
May 6, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped by 1, to 14 out of 20 this week. Thus, we continue to post a green banner. Payroll employment up 165,000...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-3-May-2013_51769.html
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