IHS Chemical Week

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August 5, 2014
Linde says it has been awarded a $4.3-million grant by the California Energy Commission (CEC) to construct retail hydrogen fueling stations in Northern California. The stations will be...
http://www.chemweek.com/regions/north_america/us/Linde-receives-grant-to-build-more-hydrogen-refueling-stations-in-California_62989.html
August 5, 2014
International Flavors and Fragrances (IFF; New York) today reported second-quarter net income of $110.2 million, up 8% year-over-year (YOY). Reported earningsof $1.35/share in line...
http://www.chemweek.com/regions/north_america/us/IFF-sales-and-earnings-up_62988.html
August 5, 2014
Westlake (Houston) reports second-quarter net income of $169.4 million, up 35% year-over-year (YOY), on sales of $998.6 million, up 7% YOY. However, earnings of $1.26/share fell short of the analysts’ consensus estimate of $1.45, as reported by Thomson Reuters....
http://www.chemweek.com/regions/north_america/us/Westlake-reports-record-operating-profits-but-misses-estimates_62987.html
August 5, 2014
Bio2Electric (Princeton, NJ), trading as EcoCatalytic Technologies, has received a three-year, $3.8-million award from the Advanced Research Project Agency-Energy (ARPA-E) to develop a...
http://www.chemweek.com/regions/north_america/us/US-start-up-receives-award-to-develop-catalyst-technology-for-olefin-production-from-natural-gas_62999.html
August 5, 2014
Germany’s chemical trade association VCI (Frankfurt) has pointed out that the country’s chemical industry is not calling for mutual recognition of existing standards for...
http://www.chemweek.com/regions/north_america/us/VCI-No-reduction-in-chemical-safety-standards-through-TTIP_62990.html
August 5, 2014
LSB Industries (Oklahoma City) has awarded a $5.3-million contract to Rockwell Automation to supply process automation systems for a 360,000-m.t/year nitric acid plant and a 375,000-m.t./year ammonia plant that LSB is building at its El Dorado, AR, facility. The nitric acid plant, estimated to cost $120 million, will replace a plant lost in an explosion in 2012. LSB has estimated the cost of the ammonia project, which was announced in 2013, at $250-300 million....
http://www.chemweek.com/regions/north_america/us/LSB-Industries-hires-Rockwell-Automation-for-El-Dorado-projects_62975.html
August 5, 2014
EPA has issued a final greenhouse gas prevention of significant deterioration construction permit for the expansion of OCI Partners' (OCI; Nederland, TX) methanol plant near Beaumont, TX. OCI plans to increase the plant’s methanol capacity by 25%, to 912,000 m.t./year and its ammonia capacity by 15%, to 305,000 m.t./year....
http://www.chemweek.com/regions/north_america/us/OCI-Partners-gets-greenhouse-gas-permit-for-expansion-project_62977.html
August 4, 2014
Private equity firm Clayton, Dubilier & Rice (CD&R; New York) has closed its $1.8-billion acquisition of Ashland’s water technologies business on Friday, renaming the...
http://www.chemweek.com/regions/north_america/us/Ashland-water-technologies-sale-complete-company-renamed-Solenis_62964.html
August 4, 2014
Sensient Technologies announced today that Dick Hobbs, senior v.p. and CFO of the company since 2000, will retire in February 2015. Hobbs, who joined Sensient in 1973, will be replaced...
http://www.chemweek.com/regions/north_america/us/Sensient-Technologies-CFO-to-retire_62963.html
August 4, 2014
IGM Resins (Charlotte, NC), an ultraviolet inks and coatings firm, has acquired Insight High Technology (IHT; Beijing), a maker of photoinitiators, pharma intermediates, and fine...
http://www.chemweek.com/regions/north_america/us/Arsenals-IGM-Resins-buys-Chinese-firm_62962.html
August 4, 2014
DuPont has elected Ulf M. “Mark” Schneider, currently president and CEO of Fresenius SE & Co. (Bad Homburg, Germany), to its board of directors, effective 22 October...
http://www.chemweek.com/regions/north_america/us/DuPont-elects-new-member-to-its-board-of-directors_62946.html
August 4, 2014
Lubrizol says that it has acquired Vesta (Franklin, WI), a contract manufacturer for the global medical device industry. Lubrizol acquired Vesta from RoundTable Healthcare Partners...
http://www.chemweek.com/regions/north_america/us/Lubrizol-acquires-manufacturing-services-company-for-medical-device-industry_62952.html
August 1, 2014
Private equity firm American Securities (New York) has closed the acquisition of specialties maker Emerald Performance Materials (Cuyahoga Fall, OH) from Sun Capital (Boca Raton, FL)...
http://www.chemweek.com/regions/north_america/us/Private-equity-firms-close-Emerald-Performance-Materials-deal_62945.html
August 1, 2014
Leading engineering and construction firm Bechtel has announced the appointment of Brendan Bechtel as president and COO and member of the board of directors of Bechtel Group. He will...
http://www.chemweek.com/regions/north_america/us/Bechtel-appoints-chairmans-son-as-president-and-COO_62932.html
August 1, 2014
Arkema has agreed to supply propylene from Enterprise Products Partners (Houston) as part of Arkema's procurement policy for key raw materials, the company announced today. The...
http://www.chemweek.com/regions/north_america/us/Arkema-signs-propylene-procurement-agreement-with-Enterprise-in-the-US_62927.html
August 1, 2014
Cambrex (East Rutherford, NJ) reports a more than eightfold increase in net profits for the second quarter of 2014 compared with the second quarter of 2013, to $19.66 million...
http://www.chemweek.com/regions/north_america/us/Cambrex-reports-huge-rise-in-profits_62924.html
July 31, 2014
Ashland today reported fiscal third-quarter earnings from continuing operations down 20% year-on-year (YOY), to $71 million, or 90 cts/share, on sales down 1%, to $1.6 billion...
http://www.chemweek.com/regions/north_america/us/Ashland-earnings-fall-but-adjusted-earnings-beat-estimates_62918.html
July 31, 2014
Williams has pushed back restarting its Geismar, LA, cracker to September in order to install safety-related equipment, the company says in its second-quarter earnings release. Williams aims to begin ethylene production and sales in October....
http://www.chemweek.com/regions/north_america/us/Williams-postpones-Geismar-restart-to-add-safety-equipment_62897.html
July 31, 2014
Mex Gas Supply, a subsidiary and the commercial arm of Pemex Gaz y Petroquímica Básica (PGPB; Mexico City), will establish a joint venture with Mercuria (Geneva) and JP...
http://www.chemweek.com/regions/north_america/us/Pemex-establishes-JV-to-import-natural-gas-from-the-US_62872.html
July 31, 2014
Mosaic today reported its results for the second quarter, with net income of $248 million down 73% year-over-year (YOY) with earnings per share of 64 cts/share below analyst estimates...
http://www.chemweek.com/regions/north_america/us/Mosaic-earnings-down-CEO-to-return-from-medical-leave_62873.html
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