IHS Chemical Week

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May 3, 2013
Kraton Performance Polymers (Houston) on Wednesday reported adjusted earnings per share of 7 cts/share, down 86% year-over-year (YOY) and well below the analyst consensus estimate of...
http://www.chemweek.com/regions/north_america/us/Kraton-earnings-fall-YOY_51708.html
May 2, 2013
Chemtura today reported a first-quarter net loss from continuing operations of $22 million, compared with a profit of $22 million in the year-ago period. Net sales declined 1.9%...
http://www.chemweek.com/regions/north_america/us/Chemtura-earnings-fall-short-of-estimates-on-soft-demand_51715.html
May 2, 2013
Eastman Chemical says its Board of Directors has approved the repurchase of up to an additional $300 million of Eastman common stock, in addition to the remaining amount under a $300...
http://www.chemweek.com/regions/north_america/us/Eastman-announces-$300-million-share-buyback_51695.html
May 2, 2013
Fluor Corp. announced today that it was awarded a contract by Dow Chemical “to execute a significant portion of its US Gulf Coast investments.” Fluor’s scope includes...
http://www.chemweek.com/regions/north_america/us/Fluor-awarded-Dows-Freeport-ethane-cracker-propane-dehydrogenation-contract_51666.html
May 2, 2013
OM Group today reported a fourth-quarter net loss of $109.7 million, compared with a profit of $11.9 million in the year-ago quarter. The loss was mostly due to a $112 million non-cash...
http://www.chemweek.com/regions/north_america/us/OM-Group-beats-estimates-despite-sales-decline_51688.html
May 2, 2013
Iowa Fertilizer Co., a wholly owned subsidiary of Orascom-owned OCI NV, has issued $1.2 billion of bonds to institutional and retail investors in the US tax-exempt market through the...
http://www.chemweek.com/regions/north_america/us/Iowa-Fertilizer-raises-funds-for-$1-8-billion-nitrogen-fertilizer-project_51662.html
May 2, 2013
Weather-related delays in the spring planting and potash application season resulted in a drop in earnings and sales for Intrepid Potash (Denver, CO) in its first quarter 2013...
http://www.chemweek.com/regions/north_america/us/Intrepid-Potash-reports-earnings-drop-on-weather-delays_51656.html
May 2, 2013
Westlake (Houston) has completed its previously announced $175-million acquisition of CertainTeed's pipe and foundation group (PFG) business. The business provides specialty polyvinyl...
http://www.chemweek.com/regions/north_america/us/Westlake-closes-purchase-of-CertainTeeds-PFG-business_51657.html
May 2, 2013
Phillips 66’s chemical segment, comprising a 50% interest in Chevron Phillips Chemical Company (CPChem), contributed first-quarter adjusted earnings of $282 million, a 30%...
http://www.chemweek.com/regions/north_america/us/Phillips-66-chemical-earnings-up-30-percent-on-olefins-and-polyolefins_51638.html
May 2, 2013
Airgas reported its fiscal fourth quarter and full year earnings today—with net earnings for the quarter down slightly, and a modest gain in sales, citing the impact of continued...
http://www.chemweek.com/regions/north_america/us/Airgas-reports-modest-growth-on-uncertain-economic-environment_51670.html
May 2, 2013
PolyOne today reported first-quarter net income from continuing operations down 26.8% year-on-year (YOY), to $11.2 million, on sales up 7.5%, to $801.1 million. Adjusted earnings...
http://www.chemweek.com/regions/north_america/us/PolyOne-net-income-declines-but-adjusted-earnings-beat-estimates_51658.html
May 2, 2013
BASF says it has appointed Kenneth Lane, currently senior v.p./isocyanates in Europe, as president/catalysts division headquartered at Iselin, NJ effective 1 June 2013. Lane succeeds...
http://www.chemweek.com/regions/north_america/us/BASF-appoints-Kenneth-Lane-as-presidentcatalysts-division_51667.html
May 1, 2013
Five researchers from the National Renewable Energy Laboratory (NREL; Washington) and a scientist from the Weizmann Institute of Israel (Rehovot, Israel) say they have discovered two...
http://www.chemweek.com/regions/north_america/us/New-enzyme-research-could-result-in-less-expensive-biofuels-production_51633.html
May 1, 2013
Dow Corning, a 50-50 joint venture between Dow Chemical and Corning and the majority shareholder in leading polysilicon producer Hemlock Semiconductor, says sales and earnings fell in...
http://www.chemweek.com/regions/north_america/us/Solar-shakeout-continues-to-impact-Dow-Corning-results_51637.html
May 1, 2013
Private equity firm Arsenal Capital (New York) announced it has acquired Arnco (South Gate, CA), one of the world’s largest suppliers of polyurethane (PU) products...
http://www.chemweek.com/regions/north_america/us/Arsenal-Capital-acquires-polyurethane-supplier-Arnco_51635.html
May 1, 2013
A new report from the Government Accountability Office (GAO) says that despite EPA’s increased efforts to assess and regulate potentially harmful chemicals under the Toxic...
http://www.chemweek.com/regions/north_america/us/Federal-report-faults-EPA-chemical-assessment-strategies_51622.html
May 1, 2013
Private equity firm SK Capital Partners (New York) has closed its $200-million acquisition of Chemtura’s antioxidants and ultraviolet stabilizers business, which was announced in...
http://www.chemweek.com/regions/north_america/us/SK-Capital-completes-Chemtura-antioxidant-and-UV-stabilizers-acquisition_51634.html
May 1, 2013
Cabot (Boston) reported net income of $27 million for the quarter ended 31 March, down 89% from the year-ago quarter, which included a one-time gain of $190 million from the sale of...
http://www.chemweek.com/regions/north_america/us/Cabot-earnings-fall-on-Japan-outage-miss-estimates_51623.html
May 1, 2013
KBR has been awarded a contract by Invista to provide construction services for its previously announced next-generation manufacturing technology production facility at Orange, TX...
http://www.chemweek.com/regions/north_america/us/KBR-awarded-nylon-plant-contract-by-Invista_51625.html
April 30, 2013
The company says it is considering the sale of its $350-million/year peroxygens business, a leading producer of hydrogen peroxide and persulfates....
http://www.chemweek.com/regions/north_america/us/FMC-considering-hydrogen-peroxide-sale_51620.html
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