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June 8, 2015
BASF says that it has signed a contract to sell its worldwide paper hydrous kaolin (PHK) business to Imerys (Paris). BASF announced plans last September to evaluate options for its PHK...
http://www.chemweek.com/regions/north_america/us/BASF-signs-contract-to-sell-kaolin-business-to-Imerys_71076.html
June 8, 2015
Distributor Univar today announced it is launching an initial public offering (IPO), along with a concurrent private placement to Temasek Holdings (Singapore), the sovereign wealth...
http://www.chemweek.com/regions/north_america/us/Univar-aims-to-raise-$739-million-in-IPO-stake-sale_71077.html
June 5, 2015
DuPont said Friday that shareholders will receive one share of Chemours common stock for every five shares of DuPont held, payable on 1 July....
http://www.chemweek.com/regions/north_america/us/DuPont-finalizes-terms-of-Chemours-peformance-chemicals-spin-off_71049.html
June 5, 2015
A decline in operating rates for toluene disproportionation units and selective toluene disproportionation units (STDP) units this summer is expected to result in reduced aromatics...
http://www.chemweek.com/regions/north_america/us/Lower-toluene-disproportionation-rates-expected-to-reduce-US-aromatics-capacity_71041.html
June 5, 2015
The toluene and mixed xylene (MX) markets in the United States have featured higher prices and increased demand this week coming from gasoline blenders on the back of tight reformate...
http://www.chemweek.com/regions/north_america/us/Toluene-mixed-xylene-markets-stronger-in-US-this-week-on-tight-reformate-supply_71040.html
June 5, 2015
Monsanto today announced that its board of directors has adopted proxy access amendments to the company’s bylaws that enable eligible Monsanto shareowners to have their own...
http://www.chemweek.com/regions/north_america/us/Monsanto-board-gives-shareholders-proxy-access_71036.html
June 5, 2015
Reuters said Thursday that SEC is investigating allegations that Dow Chemical chairman and CEO Andrew Liveris misused company funds for personal benefit, citing “people familiar...
http://www.chemweek.com/regions/north_america/us/Reuters-report-says-SEC-investigating-misuse-of-company-funds-by-Dow-CEO_71039.html
June 5, 2015
OPEC, at its 167th meeting, held today in Vienna, resolved to maintain crude oil production at the 30-million barrels/day ceiling and urged member countries to adhere to this target...
http://www.chemweek.com/regions/north_america/us/OPEC-maintains-production-levels_71037.html
June 5, 2015
Economic reports for the past week present an ambiguous picture of the US economy, according to a review by the ACC. Shipments of chemicals excluding pharmaceuticals fell again in April, but inventory levels remained low....
http://www.chemweek.com/regions/north_america/us/ACC-April-chemical-shipments-down-but-inventories-remain-low_71035.html
June 5, 2015
Flavors and fragrances firm Symrise (Holzminden, Germany) said on Friday that it has signed an agreement to acquire Flavor Infusion (Laguna Beach, CA), a specialist supplier to the...
http://www.chemweek.com/regions/north_america/us/Symrise-acquires-California-based-Flavor-Infusion_71032.html
June 5, 2015
Henkel Adhesive Technologies has launched a new product development and diagnostics laboratory for nonwoven disposables at its campus in New Jersey. The centerpiece of the facility is...
http://www.chemweek.com/regions/north_america/us/Henkel-Adhesives-Technologies-opens-nonwoven-disposables-lab-in-NJ_71029.html
June 5, 2015
Market sources said on Thursday that LyondellBasell's Corpus Christi, TX, plant was down and would likely be offline for a few days. LyondbellBasell did not confirm any shutdown or...
http://www.chemweek.com/regions/north_america/us/LyondellBasell-reports-flaring-at-Corpus-Christi-facility_71025.html
June 5, 2015
Huntsman (The Woodlands, TX) has announced that Monte Edlund will succeed Stu Monteith as president of the performance products division, effective July 1. Edlund, who joined the company in 1997, is currently vice president for the Americas region in Huntsman's advanced materials division. Monteith will retire on 31 August....
http://www.chemweek.com/regions/north_america/us/Huntsman-names-new-president-of-performance-products_71023.html
June 4, 2015
Molycorp, the sole US-based maker of rare earth oxides, is preparing to file for bankruptcy, according to a report in the Wall Street Journal. The company had $1.7 billion in debt and...
http://www.chemweek.com/regions/north_america/us/Report-Rare-earths-producer-Molycorp-on-verge-of-bankruptcy_71024.html
June 4, 2015
Williams Partners' now plans to restart ethylene production at its Geismar, LA olefins plant this weekend, according to a source close to the company. The restart was expected on...
http://www.chemweek.com/regions/north_america/us/Williams-to-restart-Geismar-ethylene-production-this-weekend-sources-say_71021.html
June 4, 2015
Omnova Solutions (Beachwood, OH) has acquired New Fluid Solutions (Houston), a producer of oil and gas drilling fluid additives and other products for $5 million, plus up to $2 million more over the next two years depending on performance. The transaction includes New Fluid Solutions' full line of drilling fluid additives and a blending facility, warehouse and quality assurance/control laboratory in Stafford, TX....
http://www.chemweek.com/regions/north_america/us/Omnova-acquires-oilfield-chemicals-maker_71018.html
June 4, 2015
BASF has applied for permits authorizing the construction of its 475,000-m.t./year methane-to-propylene project at Freeport, TX. In a notice issued on 2 June, the Texas Commission on Environmental Quality (TCEQ) said it had received the applications on 14 May. BASF announced selection of the Freeport site in March, and the company expects to make a final investment decision in 2016....
http://www.chemweek.com/regions/north_america/us/BASF-submits-Freeport-TX-propylene-project-to-TCEQ_71008.html
June 4, 2015
The Coca-Cola Company says it has produced the world’s first polyethylene terephthalate (PET) bottle made entirely from plant materials. The beverage giant has since 2009...
http://www.chemweek.com/regions/north_america/us/Coca-Cola-unveils-100-percent-renewable-PET-bottle_71019.html
June 4, 2015
MDU Resources Group (Bismarck, ND) says that its Dakota Prairie refinery has initiated diesel product sales to the market. The 20,000-barrels/day refinery is the first greenfield fuels...
http://www.chemweek.com/regions/north_america/us/MDU-Calumet-Dakota-Prairie-refinery-starts-marketing-diesel-production_71005.html
June 4, 2015
Mascoma (Lebanon, NH), a subsidiary of Lallemand (Memphis, TN); and the US Department of Energy's BioEnergy Science Center (BESC) say that they have developed a revolutionary strain of...
http://www.chemweek.com/regions/north_america/us/Macoma-and-US-researchers-develop-yeast-strain-to-accelerate-nonfood-biofuel-development_71004.html
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