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February 5, 2015
W.R. Grace, which earlier today announced a plan to split into two companies to improve strategic focus, posted a large fourth-quarter adjusted earnings gain on higher sales volumes...
http://www.chemweek.com/regions/north_america/us/Grace-beats-estimates-on-strong-catalyst-results_67533.html
February 5, 2015
One company, for now dubbed New Grace, will be comprised of catalysts technologies and materials technologies, excluding the Darex packaging business. New Grace is expected to have sales of $1.8 billion annually. The other company, called New GCP, will be made up of Grace’s construction products business and the Darex business. It is expected to have sales of $1.5 billion....
http://www.chemweek.com/regions/north_america/us/W-R-Grace-to-split-in-two_67530.html
February 5, 2015
DuPont has appointed Edward Breen, former CEO and current chairman of Tyco, and James Gallogly, former CEO and management board chairman of LyondellBasell, as independent directors, effective immediately....
http://www.chemweek.com/regions/north_america/us/DuPont-names-former-LyondellBasell-and-Tyco-CEOs-to-board_67531.html
February 5, 2015
The United Steelworkers (USW) said Wednesday that they have resumed discussions with Shell regarding a new three-year labor agreement. The USW told workers on 1 February to strike...
http://www.chemweek.com/regions/north_america/us/USW-and-Royal-Dutch-Shell-resume-labor-talks_67503.html
February 4, 2015
Live Oak LNG plans to invest $2 billion to develop a liquefaction facility and liquefied natural gas (LNG) export terminal near Lake Charles, LA, chairman Martin Houston has...
http://www.chemweek.com/regions/north_america/us/Live-Oak-to-invest-$2-billion-in-liquefaction-plant-and-LNG-export-terminal-in-Louisiana_67512.html
February 4, 2015
Regulatory issues, most prominently reform of the Toxic Substances Control Act (TSCA) and trade barriers, have been key topics of discussion at Informex 2015, held this week in New...
http://www.chemweek.com/regions/north_america/us/Informex-2015-Regulatory-hurdles-persist-as-industry-expects-growth_67510.html
February 4, 2015
US propylene inventories were down for the week ended 30 January, according to data released by the US Energy Information Administration (EIA) on Wednesday. The drop in inventories...
http://www.chemweek.com/regions/north_america/us/US-propylene-inventories-end-January-lower_67505.html
February 4, 2015
FMC reports higher adjusted earnings for its fiscal fourth quarter on improved results in its health and nutrition and minerals segments.  Net income increased 145.5% year-on-year...
http://www.chemweek.com/regions/north_america/us/FMC-results-top-forecast_67509.html
February 4, 2015
Attendees at the American Cleaning Institute’s annual convention in Orlando, FL this week say that the mood in the cleaning and home care sector is upbeat.  Turnout was the...
http://www.chemweek.com/regions/north_america/us/ACI-2015-Upbeat-mood-for-home-care-sector_67339.html
February 4, 2015
Syngenta today reported fourth-quarter integrated—but excluding lawn and garden—sales of $3.47 billion, 8.0% up on the year-earlier quarter and up 12% at constant exchange...
http://www.chemweek.com/regions/north_america/us/Syngenta-reports-virtually-unchanged-earnings-on-higher-sales-expects-unchanged-results-in-2015_67475.html
February 4, 2015
Aromatics spot prices have firmed in the United States heading into February—mixed xylene (MX) values are still higher than benzene and toluene—alongside stronger NYMEX...
http://www.chemweek.com/regions/north_america/us/Aromatics-open-February-higher-in-the-US-on-stronger-energy-futures_67467.html
February 4, 2015
Automobile organization AAA (Heathrow, FL) expects retail gasoline prices to increase in the United States this month on the back of refinery maintenance and lower production. US...
http://www.chemweek.com/regions/north_america/us/AAA-expects-higher-US-retail-gasoline-prices-in-February_67457.html
February 4, 2015
Invista, a subsidiary of Koch Industries, says it will establish a new manufacturing operation at McPherson, KS, in order to expand production of its Raptor nylon pipe product. The...
http://www.chemweek.com/regions/north_america/us/Invista-builds-nylon-pipe-production-facility-in-Kansas_67486.html
February 3, 2015
Tronox and FMC have confirmed reports that Tronox will acquire FMC’s alkali chemicals, or soda ash, business. Tronox has signed a definitive agreement to acquire the business for...
http://www.chemweek.com/regions/north_america/us/Tronox-to-acquire-FMCs-soda-ash-business-for-$1-64-billion_67471.html
February 3, 2015
The United Steelworkers (USW) said Tuesday that no further talks have been scheduled with Shell this week to end a strike at nine US oil refineries. USW told workers to strike at nine...
http://www.chemweek.com/regions/north_america/us/USW-and-refiners-still-without-labor-agreement_67466.html
February 3, 2015
International Flavors & Fragrances (IFF) today announced the opening of a new flavors facility near Chicago. The new site, located in Schaumburg, IL, will serve the food and...
http://www.chemweek.com/regions/north_america/us/IFF-opens-new-flavors-facility-near-Chicago_67469.html
February 3, 2015
Wrapping up a deal that was announced in December 2014, Rogers Corp. (Rogers, CT) has closed on the transaction to acquire Arlon (Santa Ana, CA) from Handy & Harman (White Plains...
http://www.chemweek.com/regions/north_america/us/Rogers-Corp-completes-acquisition-of-specialty-silicones-firm-for-$157-million_67207.html
February 3, 2015
BASF has decided to exit a biobased acrylic acid partnership with Novozymes and Cargill, Novozymes announced today. Novozymes and Cargill have collaborated on renewable acrylic acid...
http://www.chemweek.com/regions/north_america/us/BASF-exits-biobased-acrylic-acid-collaboration-with-Novozymes-and-Cargill-UPDATED_67242.html
February 3, 2015
Williams Partners (Tulsa, OK) says it expects to begin manufacturing ethylene at its expanded Geismar plant for sale in February. The company originally planned to start the plant, which has been offline since June 2013, in November, but problems arose during the final stages of commissioning....
http://www.chemweek.com/regions/north_america/us/Williams-to-produce-ethylene-at-Geismar-for-sale-in-February_67455.html
February 3, 2015

LyondellBasell’s fourth-quarter earnings have beaten the analysts’ consensus estimate by 15%, with lower feedstock costs more than making up for lower product prices. However, the company expects lower crude oil prices to pressure margins in the year ahead. Fourth-quarter earnings from continuing operations totaled $796 million, down 32% year-over-year (YOY) from $1.177 billion. Sales totaled $10.29 billion, down 8% YOY from $11.138 billion. The quarter included a $715 million non-cash, pre-tax charge for the impact of a lower-of-cost-or-market (LCM) inventory adjustment.

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http://www.chemweek.com/regions/north_america/us/LyondellBasell-beats-consensus-by-15-percent-as-lower-feedstocks-make-up-for-product-prices_67452.html
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