IHS Chemical Week

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July 26, 2014
Gail India and Sumitomo Corp., one of Japan’s largest trading groups, on Friday announced the signing of a memorandum of understanding (MOU) covering cooperation in gas...
http://www.chemweek.com/regions/north_america/us/Gail-and-Sumitomo-Corp-sign-MOU-on-energy-and-petchems-cooperation_62731.html
July 26, 2014
Stepan announced on Friday that it is carrying out front-end engineering design for a $60-70 million chemical production facility in the industrial corridor of Ascension Parish in...
http://www.chemweek.com/regions/north_america/us/Stepan-plans-surfactants-and-polymer-intermediates-plant-in-Louisiana_62730.html
July 25, 2014
Dow Chemical's second-quarter results beat estimates as margins improved in its performance plastics segment and sales increased across all of the company's business segments. Dow...
http://www.chemweek.com/regions/north_america/us/Dow-beats-estimates_62660.html
July 25, 2014
LyondellBasell Industries reports record earnings for the second quarter of $2.22/share, well above the analysts’ consensus estimate of $1.92/share as reported by Thomson Reuters (New York). Gains were broadly distributed across the business....
http://www.chemweek.com/regions/north_america/us/LyondellBasell-reports-record-quarter-as-net-income-increases-27-percent_62721.html
July 25, 2014
Sensient Technologies (Milwaukee) says that net income for the quarter fell 10% year-on-year (YOY) because of $13 million in restructuring costs. The company says that adjusted operating income increased by 11%, to$61.2 million. Sales were down 1% YOY, to $374.7 million. Reported adjusted earnings 81 cts/share rose 10% YOY and were above analyst estimates of 79 cts/share, according to Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/Sensient-earnings-drop-on-restructuring-charges_62719.html
July 25, 2014
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich, reports a 2.4% increase in sales in the second quarter of 2014 compared with the year-ago...
http://www.chemweek.com/regions/north_america/us/SAFC-reports-rise-in-second-quarter-sales_62713.html
July 25, 2014
Olin (Clayton, MO) reports a 16% year-over-year (YOY) decline in second-quarter income, the result of weak results in the chlor-alkali segment. Sales declined across the board. However, earnings of 46 cts/share beat the analysts’ consensus estimate of 45 cts/share, as reported by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/Olin-earnings-down-on-weak-chlor-alkali_62710.html
July 24, 2014
A rally in Dow Chemical’s share price, helped by yesterday’s strong second-quarter earnings report, has put the company in a position to convert $4 billion in preferred...
http://www.chemweek.com/regions/north_america/us/Dow-share-gains-could-allow-it-to-retire-expensive-preferred-shares_62701.html
July 24, 2014
3M (St. Paul, MN) reports second-quarter net sales of $8.1 billion, up 5% year-on-year (YOY) on strong organic growth across all segments. Net income increased 6% YOY, to $1.3 billion. Earnings per share of $1.91 equal the analysts’ consensus estimate as reported by Thomson Reuters....
http://www.chemweek.com/regions/north_america/us/3M-second-quarter-net-income-up-6-percent-YOY-on-broad-organic-growth_62696.html
July 24, 2014
Airgas today reported fiscal first-quarter 2015 net earnings of $88.9 million, up 5% year-on-year (YOY), on sales up 3% YOY, to $1.3 billion. Sales growth can be attributed to...
http://www.chemweek.com/regions/north_america/us/Airgas-earnings-up-5-percent_62695.html
July 24, 2014
Haldor Topsoe announced earlier this month that it had recently opened a new plant at its site at Bayport, TX, to produce Topsoe's VK portfolio of extruded catalysts that are...
http://www.chemweek.com/regions/north_america/us/Haldor-Topsoe-opens-sulfuric-acid-catalyst-production-plant-in-Texas_62694.html
July 24, 2014
Linde announced today that it has signed a contract to supply liquid oxygen, nitrogen and argon to Conroe Welding Supply (Conroe, TX)—an independent distributor that serves the...
http://www.chemweek.com/regions/north_america/us/Linde-to-supply-gases-to-Texas-welding-distributor_62698.html
July 24, 2014
Stora Enso (Helsinki) has acquired 100% of the shares of the Virdia (Danville, VA), a developer of extraction and separation technologies for converting cellulosic biomass into highly...
http://www.chemweek.com/regions/north_america/us/Stora-Enso-acquires-North-American-biotechnology-company_62693.html
July 24, 2014
ENI (Rome) announced today that its chemicals production subsidiary Versalis (Milan) has signed a cooperation agreement with CB&I under which CB&I will market and provide...
http://www.chemweek.com/regions/north_america/us/CB-and-I-to-market-Versaliss-LDPE-and-EVA-technologies-in-North-America_62692.html
July 23, 2014
Air Products chairman and CEO Seifi Ghasemi, who took the helm of the company on 1 July, says that a focus cash generation and improved capital allocation will drive company strategy....
http://www.chemweek.com/regions/north_america/us/New-Air-Products-CEO-says-emphasis-on-cash-and-capital-allocation-to-guide-strategy_62682.html
July 23, 2014
Calabrian (Kingwood, TX) is expanding sulfur dioxide (SO2) production at its Port Neches, TX, plant by 50%. The company expects the multimillion dollar expansion to be online by the end of the year....
http://www.chemweek.com/regions/north_america/us/Calabrian-to-expand-sulfur-dioxide-production-by-50-percent_62679.html
July 23, 2014
Renewable chemical firm P2 science (New Haven, CT) announced today that it has signed a manufacturing and marketing agreement with flavors and fragrances (F&F) firm Bedoukian...
http://www.chemweek.com/regions/north_america/us/P2-Science-collaborating-with-CT-based-F-and-F-firm_62677.html
July 23, 2014
W.R. Grace reports second-quarter net income of $136.7 million, 50.6% higher year-on-year (YOY), on higher sales volumes and acquisitions. Adjusted earnings were flat YOY at...
http://www.chemweek.com/regions/north_america/us/Higher-volumes-Unipol-acquisition-bolster-W-R-Grace-results_62676.html
July 23, 2014
Mosaic says it plans to permanently discontinue production of muriate of potash (MOP) at its Carlsbad, NM facility. The final date of production is expected to be 31 December...
http://www.chemweek.com/regions/north_america/us/Mosaic-to-permanently-halt-MOP-production-at-New-Mexico-facility_62667.html
July 23, 2014
Praxair posted second net income of $467 million, up 5% year-over year (YOY). Reported earnings of $1.58/share were up 5% YOY but 1 ct below analyst estimates as reported by...
http://www.chemweek.com/regions/north_america/us/Praxair-net-income-up-5-percent_62664.html
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