IHS Chemical Week

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April 29, 2013
Bayer HealthCare has signed a merger agreement with Conceptus (Mountain View; CA), the developer of the Essure procedure—a leading nonsurgical, permanent birth-control...
http://www.chemweek.com/regions/north_america/us/Bayer-to-acquire-birth-control-firm-Conceptus-for-$1-1-billion_51545.html
April 26, 2013
The catastrophic explosion at a Texas fertilizer facility has raised renewed concerns about plant safety....
http://www.chemweek.com/regions/north_america/us/Texas-fertilizer-disaster-raises-safety-regulatory-concerns_51489.html
April 26, 2013
Specialty chemical makers generally posted earnings declines as economic weakness dragged down results. Coatings makers were an exception, as the rebound in the North American...
http://www.chemweek.com/regions/north_america/us/Specialty-earnings-mostly-down-on-soft-economy_51488.html
April 26, 2013
Jana Partners (New York), an activist investor that agitated for the breakup of Agrium last fall, has purchased a 7.4% stake in Ashland, according to a regulatory filing. While Jana...
http://www.chemweek.com/regions/north_america/us/Activist-investor-buys-Ashland-stake_51487.html
April 26, 2013
A consortium of industry groups, including ACC and the American Fuel & Petrochemical Manufacturers, have filed a joint petition seeking a US Supreme Court review of a landmark...
http://www.chemweek.com/regions/north_america/us/Industry-seeks-Supreme-Court-review-of-EPAs-CAA-provisions_51486.html
April 26, 2013
Williams Partners (Tulsa, OK) is partnering with Shell in a midstream joint venture that will provide services for gathering and processing gas extracted from the Marcellus and Utica...
http://www.chemweek.com/regions/north_america/us/Williams-Shell-plan-midstream-JV-for-northwest-Pennsylvania_51463.html
April 26, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant at Corpus Christi, TX, the company announced 16 April....
http://www.chemweek.com/regions/north_america/us/Alpek-licenses-PTA-to-M-and-G-pays-$350M-for-PET-offtake_51462.html
April 26, 2013
Olin (Clayton, MO) on Thursday reported first-quarter 2013 net income of $40.5 million, up 5% year-on-year (YOY). Weak results in the chlor-alkali business were more than balanced by...
http://www.chemweek.com/regions/north_america/us/Olin-earnings-up-despite-weak-chlor-alkali_51532.html
April 26, 2013
Minerals Technologies today reported first-quarter net income up 4% year-on-year (YOY), to $18.8 million, on sales down 2%, to $251.3 million. Earnings totaled 53 cts/share, slightly...
http://www.chemweek.com/regions/north_america/us/Minerals-Technologies-earnings-rise-4-percent_51531.html
April 26, 2013

LyondellBasell posted net income of $900 million in the first quarter, up of 50% from the year-ago period on record US olefin margins. Sales declined 9.1%, to $10.9 billion, because of planned maintenance at its Houston refinery. “We took advantage of strong industry margins [in US olefins], and for the third consecutive quarter, operated our ethylene plant system at or above nameplate capacity, achieving record profitability in this segment,” says Jim Gallogly, LyondellBasell CEO.

...

http://www.chemweek.com/regions/north_america/us/LyondellBasell-first-quarter-earnings-jump-50-percent-on-strong-US-olefins_51530.html
April 26, 2013
NewMarket on Thursday announced a year-over-year increase in first quarter earnings of 2%, to $67.8 million. Reported earnings of $5.07/share were also up 2% from the year-ago quarter...
http://www.chemweek.com/regions/north_america/us/NewMarket-first-quarter-earnings-up-2-percent_51471.html
April 26, 2013
PetroLogistics (Houston) on Thursday reported first-quarter 2013 net income of $57.1 million, up from a loss of $45.4 million in the first quarter of 2012. Sales totaled $208.7...
http://www.chemweek.com/regions/north_america/us/PetroLogistics-earnings-up-on-propylene-spread_51485.html
April 26, 2013
Despite recent swings in the price of propylene and the prospect of increased propane exports, the near-term outlook for the profitability of propane dehydrogenation is good, says...
http://www.chemweek.com/regions/north_america/us/Favorable-outlook-for-PDH-margins-Lumpkins_51492.html
April 26, 2013
Georgia-Pacific (Atlanta) plans to acquire Buckeye Technologies (Memphis, TN) in a $1.5-billion deal including debt, the companies have announced. The transaction will result in...
http://www.chemweek.com/regions/north_america/us/Georgia-Pacific-to-acquire-chemical-cellulose-manufacturer-in-$1-5-billion-deal_51518.html
April 25, 2013
Chemicals sector rail traffic in North America fell 0.1% year-on-year (YOY) during the week ended 20 April, to 44,392 cars, according to the Association of American Railroads (AAR...
http://www.chemweek.com/regions/north_america/us/Chemicals-sector-rail-traffic-declines-0-1-percent_51490.html
April 25, 2013
Methanex (Vancouver) reports quarterly and year-on-year earnings improvement for the first quarter of 2013, citing higher pricing. Adjusted net income of 92 cts/share easily exceeded...
http://www.chemweek.com/regions/north_america/us/Methanex-reports-strong-earnings-announces-second-plant-relocation-from-Chile_51450.html
April 25, 2013
Cheap natural gas and strong agriculture markets lifted Dow Chemical’s first-quarter earnings ahead of estimates, but chairman and CEO Andrew Liveris says that, given...
http://www.chemweek.com/regions/north_america/us/Dow-Chemical-profit-rises-on-cheap-feedstocks-and-agriculture_51449.html
April 25, 2013
Beleaguered polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain) has one week left to finalize the refinancing of its €235-million ($299...
http://www.chemweek.com/regions/north_america/us/Time-running-out-for-debt-burdened-PET-producer-La-Seda_51448.html
April 25, 2013
A strong US dollar and sales growth in its healthcare and industrial segments led to modest first quarter gains for 3M, according to their earnings released today. Net income increased...
http://www.chemweek.com/regions/north_america/us/3M-reports-sales-growth-on-strong-US-dollar_51457.html
April 25, 2013
ExxonMobil on Thursday reported a 62% year-over-year (YOY) increase first-quarter chemical segment earnings. Chemical earnings of $1.1 billion were $436 million higher than the...
http://www.chemweek.com/regions/north_america/us/ExxonMobil-first-quarter-chemical-earnings-jump-62-percent_51456.html
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