IHS Chemical Week

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July 6, 2015
Chemours says its postspin course will focus on nurturing growth opportunities in titanium dioxide (TiO2) and fluoroproducts....
http://www.chemweek.com/regions/north_america/us/Chemours-sets-postspin-strategy_71913.html
July 6, 2015
Olin has received all the foreign regulatory approvals required to close its pending merger of certain Dow Chemical chlor-alkali and derivative assets with Olin. The transaction, still...
http://www.chemweek.com/regions/north_america/us/Dow-Olin-chlor-alkali-merger-receives-overseas-regulatory-approvals_71942.html
July 6, 2015
Paul D. Carrico has retired as Axiall president, CEO, and member of the board, effective immediately, the company says. Timothy Mann, Jr., will serve as interim president and CEO until a successor is found. “The Axiall board has an active search process under way to select the next CEO to strengthen the company’s financial performance and drive enhanced shareholder value,” the company says in a statement....
http://www.chemweek.com/regions/north_america/us/Carrico-leaves-Axiall-after-string-of-disappointing-quarters_71944.html
July 6, 2015
KBR said on Monday that it has agreed to enter into two new partnerships with Bernhard Capital Partners (BCP). The first agreement will establish an equally owned and managed company...
http://www.chemweek.com/regions/north_america/us/KBR-forms-two-alliances-with-Bernhard-Capital-Partners_71891.html
July 3, 2015
Formosa Plastics Corp. USA, a Formosa Plastics Corp. (Kaohsiung, Taiwan) subsidiary, will build an additional polypropylene (PP) production line at its Point Comfort, TX, site. It will...
http://www.chemweek.com/regions/north_america/us/Formosa-to-add-PP-capacity-at-Point-Comfort_71875.html
July 2, 2015
As we’ve watched TPA and Trade Adjustment Assistance (TAA) pass in both the House and Senate in recent days, we’ve heard little or no mention of the Miscellaneous Tariff Bill, legislation that temporarily suspends a duty on an imported raw material that is not available in the United States....
http://www.chemweek.com/regions/north_america/us/Trade-agenda-moves-forward-but-dont-forget-the-miscellaneous-tariff-bill_71863.html
July 2, 2015
Molycorp has received approval from the US Bankruptcy Court on $22 million in interim debtor-in-possession (DIP) financing provided by Oaktree Capital Management. Molycorp filed for...
http://www.chemweek.com/regions/north_america/us/Molycorp-gains-court-approval-for-interim-bankruptcy-financing-from-Oaktree_71864.html
July 2, 2015
Ashland has reached a deal to acquire AkzoNobel’s biomaterials technology. The technology selectively isolates desired components from living plants and marine sources to produce...
http://www.chemweek.com/regions/north_america/us/Ashland-to-acquire-AkzoNobels-biofunctional-technology_71849.html
July 2, 2015
The US June ethylene contract settled at 33.75 cents/lb late yesterday, losing 0.75 cts/lb from the May contract price of 34.50 cts/lb. The decline reflects low feedstock costs and...
http://www.chemweek.com/regions/north_america/us/US-June-ethylene-contract-settles-lower_71850.html
July 2, 2015
Chemical tanker operator Team Tankers International (Hamilton, Bermuda) says that it has appointed Hans Feringa president and CEO, effective 1 September. Feringa will succeed Jens...
http://www.chemweek.com/regions/north_america/us/Chemical-tanker-firm-hires-former-Stolt-exec-as-CEO_71846.html
July 2, 2015
Lonza says that it has signed a new long-term product supply agreement with pharmaceutical company Alexion (Cheshire, CT). Lonza, under the agreement, will construct a new...
http://www.chemweek.com/regions/north_america/us/Lonza-builds-production-line-at-US-site-to-supply-Alexion_71839.html
July 2, 2015
Crude and gasoline stockpiles in the United States were mixed during the week that ended on 26 June, according to data released on Wednesday by the Energy Information Administration...
http://www.chemweek.com/regions/north_america/us/US-crude-and-gasoline-stocks-mixed-as-June-comes-to-a-close_71816.html
July 1, 2015
During the week ended 27 June, chemical railcar traffic in North America decreased year-over-year (YOY) on a steep decline in Mexico....
http://www.chemweek.com/regions/north_america/us/North-America-weekly-chemical-rail-traffic-drops-1-3-percent-YOY_71831.html
July 1, 2015
IGM Resins (Waalwijk, the Netherlands), a supplier of products and technical services to the radcure industry, has acquired the photoinitiator business of Lamberti (Gallarate, Italy). The business is a leading supplier of photoinitiators for UV curing technology. Terms were not disclosed....
http://www.chemweek.com/regions/north_america/us/Arsenals-IGM-acquires-Lambertis-photoinitiators_71817.html
July 1, 2015
US propylene stocks were mixed during the week that ended on 26 June, according to data released on Wednesday by the Energy Information Administration (EIA).  Propane/propylene...
http://www.chemweek.com/regions/north_america/us/US-propylene-stocks-mixed-as-June-comes-to-an-end_71814.html
July 1, 2015
Niteo Products, a newly formed affiliate of Highlander Partners (Dallas), has completed the acquisition of the Valvoline car-care products assets from Ashland. Financial terms have not been disclosed....
http://www.chemweek.com/regions/north_america/us/Niteo-completes-acquisition-of-Valvoline-car-care-products_71809.html
July 1, 2015
Ashland has completed the sale of the industrial biocides assets within the Ashland Specialty Ingredients business to Troy Corp. Financial terms have not been disclosed....
http://www.chemweek.com/regions/north_america/us/Ashland-completes-sale-of-industrial-biocides-business_71812.html
July 1, 2015
PPG Industries has completed its previously announced acquisition of Cuming Microwave (Avon, MA), a maker of maker of coatings that absorb microwaves and radio waves such as radar...
http://www.chemweek.com/regions/north_america/us/PPG-completes-acquisition-of-coatings-maker-Cuming-Microwave_71807.html
July 1, 2015
DuPont today completed the separation of its performance chemicals segment through the spin-off of Chemours to shareholders. Chemours begins regular trading today on the New York Stock...
http://www.chemweek.com/regions/north_america/us/DuPont-completes-Chemours-spin-off_71805.html
July 1, 2015
CF Industries (Deerfield, IL) and Yara International (Oslo) today announced that CF will acquire Yara’s 50% equity interest in their equally owned GrowHow UK (Ince, UK)...
http://www.chemweek.com/regions/north_america/us/CF-Industries-buys-out-Yara-in-GrowHow-UK-joint-venture-for-$580-million_71793.html
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