IHS Chemical Week

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September 25, 2014
Omnova Solutions today reported fiscal third-quarter net income of down 80% year-on-year (YOY), to $1.8 million, or 4 cts/share, on sales down 3.5%, to $252.1 million. Adjusted income...
http://www.chemweek.com/regions/north_america/us/Omnova-earnings-tumble-on-weakness-in-paper-business_64001.html
September 25, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) has announced the pricing of its previously announced initial public offering on the New York Stock Exchange (NYSE). Nearly 60.15 million ordinary...
http://www.chemweek.com/regions/north_america/us/ICL-prices-IPO-shares-at-$7_63991.html
September 25, 2014
Badger Licensing, a joint venture between Technip and ExxonMobil Chemical, will provide its BenzOut technology to Wyoming Refining Co. for a 4,000 bbl/day grassroots plant to be built...
http://www.chemweek.com/regions/north_america/us/Wyoming-Refining-selects-Badger-technology-for-an-upgrade-project_63993.html
September 24, 2014
H.B. Fuller today reported fiscal third-quarter net income down 85.3% year-on-year (YOY), to $4 million, or 8 cts/share, on revenues up 2.4%, to $526.8 million. Adjusted earnings...
http://www.chemweek.com/regions/north_america/us/H-B-Fuller-earnings-plummet-on-problems-with-Forbo-integration-systems-update_63990.html
September 24, 2014
US specialty chemicals volumes were flat sequentially in August, with volumes expanding in twelve segments and declining in fourteen. Two segments had flat volumes. Volumes grew 0.8%...
http://www.chemweek.com/regions/north_america/us/ACC-Specialties-volumes-flat-in-August_63985.html
September 24, 2014
LyondellBasell Industries is evaluating a further expansion project at Channelview, TX, to add up to 550 million lbs/year of ethylene. Preliminary engineering work is under way and, if...
http://www.chemweek.com/regions/north_america/us/LyondellBasell-planning-further-ethylene-expansion-at-Channelview_63961.html
September 24, 2014
Formosa Plastics has selected the Steam Active Reforming technology, licensed by ThyssenKrupp Industrial Solutions, for its propane dehydrogenation project at Point Comfort, TX. Formosa Plastics has received all required permits for the project, and construction is already under way, the company says....
http://www.chemweek.com/regions/north_america/us/Formosa-Plastics-to-use-STAR-PDH-technology-at-Point-Comfort-TX-Updated_63957.html
September 24, 2014
The venture capital arm of French energy group Total announced today that it is investing in NexSteppe (Malibu, CA), a start-up that specializes in tailoring sorghum seeds for...
http://www.chemweek.com/regions/north_america/us/Total-invests-in-energy-crop-start-up-NexSteppe_63956.html
September 24, 2014
Linde's North American unit announced that it would expand hydrogen supply to Lima Refining Co. (LRC; Lima, OH). Linde will build, own, and operate an additional steam methane...
http://www.chemweek.com/regions/north_america/us/Linde-to-expand-hydrogen-supply-at-Ohio-refinery_63945.html
September 24, 2014
ACC today released its monthly chemical activity barometer (CAB), which measures indicators related to the growth of the US chemical industry. The CAB gained just 0.1% over the month...
http://www.chemweek.com/regions/north_america/us/ACC-reports-slow-growth-in-monthly-activity-barometer_63946.html
September 24, 2014
A Total US exploration and production affiliate has agreed to sell its 25% interest in Cardinal Gas Services for $400 million plus a price adjustment estimated at $50 million. E1 and a consortium led by Samchully, both of South Korea, will acquire Cardinal, a midstream company in Ohio’s Utica shale play. The deal is expected to close in October....
http://www.chemweek.com/regions/north_america/us/Total-sells-stake-in-US-midstream-firm-for-$450-million_63944.html
September 24, 2014
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich, and Baxter’s (Deerfield, IL) BioPharma Solutions business have established a collaborative...
http://www.chemweek.com/regions/north_america/us/SAFC-and-Baxter-collaborate-on-ADC-products_63960.html
September 23, 2014
Yara International (Oslo) and CF Industries (Deerfield, IL), the world’s largest and second-largest manufacturers of nitrogen fertilizers, respectively, said today that they are...
http://www.chemweek.com/regions/north_america/us/CF-Industries-and-Yara-International-in-talks-to-form-the-worlds-largest-fertilizer-producer_63939.html
September 22, 2014
A US district court in New Jersey issued an opinion last week siding with MacDermid in a patent dispute over flexographic imaging plates. The dispute relates to thermal processing for...
http://www.chemweek.com/regions/north_america/us/Court-finds-against-DuPont-in-patent-dispute-with-MacDermid_63927.html
September 22, 2014
Mexichem’s $630-million acquisition of high-density polyethylene pipe maker Dura-Line has closed, says investment bank Lincoln International (Chicago), which advised Dura-Line on...
http://www.chemweek.com/regions/north_america/us/Mexichems-acquisition-of-HDPE-pipe-maker-closes_63926.html
September 22, 2014
Merck KGaA (Darmstadt, Germany) says it has entered into a definitive agreement to acquire Sigma-Aldrich (St. Louis) for $17 billion. Merck will acquire all of the outstanding shares...
http://www.chemweek.com/regions/north_america/us/Merck-KGaA-to-acquire-Sigma-Aldrich-for-$17-billion_63918.html
September 22, 2014
Ferro says that it has signed a definitive agreement with private equity firm Star Capital (Milan) and two minority owners and founders, Gianfranco Padovani and Sergio Zannoni, to...
http://www.chemweek.com/regions/north_america/us/Ferro-to-acquire-Italian-tile-coatings-manufacturer-Vetriceramici_63917.html
September 22, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, says it has appointed Kathleen Glaub to its board of directors. Glaub has...
http://www.chemweek.com/regions/north_america/us/Codexis-appoints-new-board-member_63923.html
September 18, 2014
Air Products will reorganize into seven segments and sharpen focus on its core industrial gas operations under a plan announced today by new chairman and CEO Seifi Ghasemi....
http://www.chemweek.com/regions/north_america/us/Air-Products-realignment-sharpens-focus-on-gases_63888.html
September 18, 2014
Department of Agriculture (USDA) has approved Dow Chemical’s agricultural chemicals segment's Enlist corn and soybean traits in the United States after "one of the most...
http://www.chemweek.com/regions/north_america/us/Dows-Enlist-trait-gains-USDA-approval_63890.html
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