IHS Chemical Week

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August 14, 2015
Momentive Performance Materials (MPM) has reported second-quarter net income of $12 million compared with a loss of $106 million, on sales down 5% year-on-year (YOY), to $602 million...
http://www.chemweek.com/regions/north_america/Momentive-Performance-Materials-swings-to-profit_72996.html
August 14, 2015
Flint Hills Resources says that its Port Arthur, TX facility will begin to shut down and de-inventory portions of its operations ahead of planned maintenance to make process...
http://www.chemweek.com/regions/north_america/Flint-Hills-begins-two-month-maintenance-turnaround-at-Port-Arthur_73004.html
August 14, 2015
US refiners have been in the market this week looking to cover toluene and xylene supply following a slew of production issues in the Midwest. The largest of BP's three crude oil...
http://www.chemweek.com/regions/north_america/Midwest-refinery-issues-prompt-interest-for-toluene-and-xylene_72981.html
August 13, 2015
During the week ended 8 August, chemical railcar traffic in North America increased 1.3% year-over-year (YOY) on gains in Canada and the United States....
http://www.chemweek.com/regions/north_america/Weekly-North-America-chemical-rail-traffic-increases_72897.html
August 13, 2015
Holding company Platform Specialty Products today reported a second-quarter net loss of $12.2 million, compared with a $400,000 loss in the year-ago quarter, on sales that more than...
http://www.chemweek.com/regions/north_america/Platform-results-hit-by-strong-US-dollar-ag-weakness_72924.html
August 13, 2015
Ecolab says that it has reached an agreement to acquire the US operations of Swisher Hygiene (Charlotte, NC) for approximately $40 million in cash. Swisher Hygiene provides hygiene and...
http://www.chemweek.com/regions/north_america/us/Ecolab-to-acquire-US-operations-of-Swisher-Hygiene_72919.html
August 13, 2015
US propylene stocks were mixed in the week that ended on 7 August, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene stocks were...
http://www.chemweek.com/regions/north_america/US-propylene-stocks-mixed-in-first-week-of-August_72894.html
August 12, 2015
International Chemical Investors Group (ICIG; Frankfurt) has announced the completion of its acquisition of certain chlorvinyls assets from Inovyn, the polyvinyl chloride (PVC) joint...
http://www.chemweek.com/regions/north_america/ICIG-completes-acquisition-of-Vynova-appoints-new-management-team_72674.html
August 12, 2015
Shell Canada said this week it would not provide details or a timeline on maintenance activities at its Scotford, AB, styrene plant. The plant remains on force majeure following...
http://www.chemweek.com/regions/north_america/No-timeframe-available-for-Shells-styrene-force-majeure-at-Scotford_72804.html
August 12, 2015
Nova Chemicals reports profit of $148 million for the second quarter, down 11% year-over-year (YOY), on sales of $983 million, down 24% YOY. The company says lower selling prices for all products more than offset higher sales volumes for ethylene and polyethylene—and lower feedstock costs—and operating profits increased in olefins-polyolefins as well as expandable styrenics....
http://www.chemweek.com/regions/north_america/Nova-profits-fall-on-lower-selling-prices_72895.html
August 12, 2015
Airgas says that Joseph Sullivan has been named president/specialty products. Airgas's specialty products arm supplies industrial ammonia and ammonia equipment for water and heat...
http://www.chemweek.com/regions/north_america/us/Airgas-appoints-president-of-specialty-products-business_72886.html
August 12, 2015
Hexion has reported a second-quarter net loss of $2 million, compared with a loss of $22 million in the year-ago quarter, on sales down 19% year-on-year (YOY), to $1.09 billion...
http://www.chemweek.com/regions/north_america/Hexion-net-loss-narrows_72893.html
August 12, 2015
CF Industries Holdings on Wednesday said it has agreed to enter into a strategic venture with CHS, the leading farmer-owned cooperative. CHS will make an equity investment in a wholly...
http://www.chemweek.com/regions/north_america/CF-Industries-agrees-fertilizer-venture-with-CHS_72892.html
August 11, 2015
US imports of benzene were down in June, as exports picked up on the back of an open arbitrage window with Europe. The United States imported approximately 169,000 m.t. of benzene in...
http://www.chemweek.com/regions/north_america/US-imports-of-benzene-down-in-June-exports-up_72883.html
August 11, 2015
Merck KGaA (Darmstadt, Germany) says that all relevant jurisdictions have secured the company's acquisition of life science company Sigma-Aldrich (St. Louis). Merck, in September 2014...
http://www.chemweek.com/regions/north_america/us/Merck-KGaA-secures-all-antitrust-approvals-for-Sigma-Aldrich-acquisition_72862.html
August 11, 2015
Yuhuang Chemical Inc. (YCI; Houston), a subsidiary of China’s Shandong Yuhuang Chemical (Group) Co. (Heze City, Shandong Province), says it has secured long-term natural gas...
http://www.chemweek.com/regions/north_america/Chinese-firm-secures-gas-supplies-for-Louisiana-mega-methanol-plant_72860.html
August 11, 2015
Cargill says that it has signed an agreement with FMC to acquire its pectin operations, including a production site at Milazzo, Italy. Pectin is a key component of Cargill’s...
http://www.chemweek.com/regions/north_america/us/Cargill-to-acquire-FMC-pectin-operations_72858.html
August 11, 2015
Potash Ridge (Toronto) on Tuesday announced a transaction to acquire all of the issued and outstanding common shares of privately owned Valleyfield Fertilizer Corp., registered in...
http://www.chemweek.com/regions/north_america/Potash-Ridge-acquires-Valleyfield-Fertilizer_72873.html
August 11, 2015
International Flavors and Fragrances (IFF) has reported second-quarter net income down 4% year-on-year (YOY), to $105.4 million, or $1.30/share, on sales down 3%, to $767.5 million...
http://www.chemweek.com/regions/north_america/IFF-income-falls-due-to-strong-dollar_72871.html
August 11, 2015
Jacobs Engineering announced on Tuesday that it was selected by ExxonMobil to perform engineering, procurement and construction management services for its crude flexibility...
http://www.chemweek.com/regions/north_america/ExxonMobil-awards-Texas-refinery-upgrade-contract-to-Jacobs_72868.html
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