IHS Chemical Week

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July 27, 2015
US aromatics prices are on the decline late in late July, following the direction of NYMEX energy futures. Last week, NYMEX Rbob ended on Friday at $182.82 per gallon its lowest level...
http://www.chemweek.com/regions/north_america/us/US-toluene-and-xylene-markets-following-NYMEX-energy-futures-lower_72461.html
July 27, 2015
The national average price for regular unleaded gasoline has dropped for 12 days in a row, the longest consecutive decline since January, according to US automobile organization AAA on...
http://www.chemweek.com/regions/north_america/us/US-retail-gasoline-prices-see-longest-drop-since-January_72462.html
July 27, 2015
PolyOne reports net income for the second quarter of $66.8 million, up 116% year-on-year (YOY) from $30.9 million on strong results in the color, additives, and inks business and the specialty engineered materials business. Sales totaled $887.1 million, down 12% YOY. Adjusted earnings were a record high of 57 cts/share, up 12% YOY....
http://www.chemweek.com/regions/north_america/us/PolyOne-income-doubles-YOY-to-$66-8-million_72449.html
July 27, 2015
RPM Monday reported fiscal fourth-quarter net income up 18% year-on-year (YOY), to $128.0 million, on sales up 7.5%, to $1.37 billion. Earnings totaled 94 cts/share, beating...
http://www.chemweek.com/regions/north_america/us/RPM-earnings-beat-estimates-on-higher-sales_72450.html
July 27, 2015
Jiaxing Petrochemical (Jiaxing City, China) says it has licensed Invista’s P8 process technology for a second purified terephthalic acid (PTA) line at its facility in Jiaxing City....
http://www.chemweek.com/regions/north_america/us/Jiaxing-Petrochemical-licenses-Invista-P8-for-second-PTA-line_72430.html
July 27, 2015
Amyris (Emeryville, CA), has signed definitive agreements for the previously announced conversion and restructuring of approximately $175 million of debt, to be converted to Amyris...
http://www.chemweek.com/regions/north_america/us/Amyris-announces-debt-to-common-stock-conversion-private-placement_72443.html
July 27, 2015
Lubrizol says it has launched a hyperdispersant reactor at its Avon Lake, OH, facility. The new unit will be used for manufacturing Solsperse hyperdispersants, which are used to...
http://www.chemweek.com/regions/north_america/us/Lubrizol-expands-hyperdispersant-capacity-in-US_72436.html
July 27, 2015
Phillips 66 said on Friday that its Alliance refinery in Louisiana was in process of restarting units impacted by yesterday's power loss. The refinery experienced a brief loss of power...
http://www.chemweek.com/regions/north_america/us/Phillips-66-restarting-units-at-Alliance-following-power-loss_72431.html
July 24, 2015
RPM International has announced three executive promotions. Kenneth Armstrong has been named v.p./environmental, health, and safety; Tracy Crandall, v.p., associate general counsel...
http://www.chemweek.com/regions/north_america/us/RPM-promotes-three-execs_72422.html
July 24, 2015
ACC reports that US specialty chemical market volumes decreased 0.3% sequentially in June following a sequential fall of 0.4% in May. Volumes are up only 0.1% year-on-year (YOY) on a...
http://www.chemweek.com/regions/north_america/us/ACC-US-specialty-chemicals-market-softens-in-June_72421.html
July 24, 2015
Celanese has named Chris Jenson, currently interim CFO, to its permanent CFO position. Jensen has served as Celanese’s interim CFO since May 2014. He joined Celanese in 2005 and...
http://www.chemweek.com/regions/north_america/us/Celanese-interim-CFO-named-to-permanent-position_72420.html
July 24, 2015
Sensient Technologies (Milwaukee) has reported lower sales and operating income in the second quarter of this year compared with the corresponding period a year ago. Revenue in...
http://www.chemweek.com/regions/north_america/us/Sensient-reports-leap-in-adjusted-income-on-lower-sales-in-second-quarter_72415.html
July 24, 2015
International Flavors & Fragrances (IFF) has announced that Lucas Meyer Cosmetics (Quebec City), a business of Unipex Group (Paris), has accepted IFF’s previously announced...
http://www.chemweek.com/regions/north_america/us/IFF-and-Lucas-Meyer-Cosmetics-agree-to-acquisition-terms_72414.html
July 24, 2015
Lithuanian firm Investimus Foris plans to invest $265 million to convert an idle biofuels refinery in Grant Parish, LA, into ammonia manufacturing facility, company chairman Arunas...
http://www.chemweek.com/regions/north_america/us/Lithuanian-firm-to-convert-Louisiana-biofuels-plant-to-ammonia-production_72409.html
July 23, 2015
Molycorp today said it has received court approval for $130 million in debtor-in-possession (DIP) financing from Oaktree Capital Management (New York). The approval represents a larger...
http://www.chemweek.com/regions/north_america/us/Molycorp-receives-larger-DIP-financing-approval_72398.html
July 23, 2015
Dow Chemical, buoyed by continued margin expansion in its plastics business and cost-cutting measures, grew earnings and topped profit forecasts despite a double-digit decline in...
http://www.chemweek.com/regions/north_america/us/Dow-beats-estimates-continues-to-expand-margins_72396.html
July 23, 2015
3M today reported second-quarter net income that was up 2.6% year-on-year (YOY), at $1.30 billion, on sales down 5.5%, to $7.69 billion. Earnings totaled $2.02/share, slightly ahead of...
http://www.chemweek.com/regions/north_america/us/3M-earnings-rise-despite-sales-decline-industrial-segment-down_72397.html
July 23, 2015
CB&I on Thursday announced the award of a contract valued in excess of $100 million from a major energy company for a Tier 3 clean fuels project. The scope of work at the refinery...
http://www.chemweek.com/regions/north_america/us/CB-and-I-awarded-refinery-contract-in-Louisiana_72391.html
July 22, 2015
Crude inventory in the United States firmed during the week that ended on 17 July, while gasoline inventory dropped, according to data released on Wednesday by the Energy Information Administration (EIA)....
http://www.chemweek.com/regions/north_america/us/US-crude-stocks-firm-while-gasoline-stocks-decline-mid-July_72380.html
July 22, 2015
During the week ended 18 July, chemical railcar traffic in North America increased 1.1% year-on-year (YOY) despite a sequential decline in volume. For all of North America, chemical railcar traffic during the week totaled 41,749 carloads, down 2.8% from the previous week, according to data released on 22 July by the Association of American Railroads....
http://www.chemweek.com/regions/north_america/us/North-America-chemical-rail-traffic-edges-up_72369.html
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