IHS Chemical Week

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December 15, 2014
US ethylene prices continue to fall despite production issues over the weekend at Chevron Phillips Chemical’s Sweeny complex in Old Ocean, TX; and Dow Chemical’s Freeport, TX, facility. According to IHS Chemical, ethylene was trading Monday morning at 39.5 cts/lb del US Gulf Coast, down from Friday’s notional value of 41–42 cts/lb...
http://www.chemweek.com/regions/north_america/us/US-ethylene-declines-despite-production-issues-at-CPChem-and-Dow_66185.html
December 15, 2014
Johnson Matthey says it has agreed to divest its gold and silver refining business to Asahi Holdings, a collector, refiner, and recycler of precious and rare metals from waste...
http://www.chemweek.com/regions/north_america/us/Johnson-Matthey-sells-gold-and-silver-refining-business-to-Asahi-Holdings_66175.html
December 15, 2014
LSB Industries (Oklahoma City) says its Cherokee, AL, facility will be off-line until late December for unplanned maintenance. The company expects to supply most of its customers’ demand for urea ammonium nitrate, ammonium nitrate solution, and ammonia from inventory....
http://www.chemweek.com/regions/north_america/us/LSB-Industries-takes-Cherokee-AL-facility-off-line-for-unplanned-maintenance_66178.html
December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/regions/north_america/us/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
December 12, 2014
Univar USA says it has reached an agreement with Penford Products to become the exclusive commercial distributor of PenCare DP cationic polymer, a biobased product for the...
http://www.chemweek.com/regions/north_america/us/Univar-to-distribute-Penford-renewable-ingredient-for-personal-care-market_66165.html
December 12, 2014
Eastman Chemical has completed the acquisition of Commonwealth Laminating & Coating (Martinsville, VA), Eastman announced today. Financial details of the transaction have not been...
http://www.chemweek.com/regions/north_america/us/Eastman-completes-acquisition-of-film-manufacturer_66156.html
December 12, 2014
The US Department of Commerce (Commerce Department) has concluded antidumping duty and antisubsidy duty investigations of imports of calcium hypochlorite from China. As a result, the...
http://www.chemweek.com/regions/north_america/us/US-confirms-antidumping-duty-on-calcium-hypochlorite-imports-from-China_66150.html
December 12, 2014
Engineering and construction (E&C) firm KBR said on Thursday that it will streamline its operations following a major, strategic review announced in June. The restructuring...
http://www.chemweek.com/regions/north_america/us/KBR-to-streamline-operations-following-an-in-depth-review_66145.html
December 11, 2014
Virent (Madison, WI) announced today that it has successfully produced para-xylene, toluene, and benzene from renewable resources at demonstration scale.  The company confirms...
http://www.chemweek.com/regions/north_america/us/Virent-demonstrates-renewable-aromatics-production_66131.html
December 11, 2014
US chemical output is set accelerate sharply through the end of the decade, exceeding the growth of the overall US economy, according to ACC’s Year End 2014 Chemical Industry Situation and Outlook, published today....
http://www.chemweek.com/regions/north_america/us/US-chemical-output-growth-to-hit-3-7-percent-in-2015-ACC-says_66082.html
December 11, 2014

Chevron Phillips Chemical (CPChem; The Woodlands, TX) has completed the installation of a tenth furnace to ethylene unit 33 at its Sweeny complex in Old Ocean, TX. The company expects the new furnace to increase Sweeny’s ethylene production capacity by 90,000 m.t./year to a total of 1.95 million m.t./year.

...

http://www.chemweek.com/regions/north_america/us/Chevron-Phillips-completes-Sweeny-ethylene-expansion_66083.html
December 11, 2014
Sherwin-Williams (SW) announced today that it will supply paint to Lowe’s, the US building-supply retailer, under a program called HGTV Home. Products under that brand will be...
http://www.chemweek.com/regions/north_america/us/Sherwin-Williams-to-supply-paint-to-Lowes-under-new-deal_66097.html
December 11, 2014
US Bankruptcy Court in Delaware has approved the restructuring plan for RPM subsidiary Bondex, a maker of pigments, metal coatings, cleaning products and a variety of construction...
http://www.chemweek.com/regions/north_america/us/Court-approves-Bondex-restructuring-plan_66086.html
December 10, 2014
Rivertop Renewables (Missoula, MT), a specialty chemicals company, has begun construction on a commercial plant at DanChem Technologies’ (DTI) site at Danville, VA. DTI will...
http://www.chemweek.com/regions/north_america/us/Renewable-chemical-company-to-build-glucaric-acid-plant_66031.html
December 10, 2014
The US Senate today passed its version of H.R. 4007—The Protecting and Securing Chemical Facilities from Terrorist Attacks Act of 2014, an updated version of the Chemical and...
http://www.chemweek.com/regions/north_america/us/US-Senate-passes-amended-version-of-CFATS-bill-moves-to-House-for-approval_66063.html
December 10, 2014
Rentech says that D. Hunt Ramsbottom has resigned as president and CEO and also as CEO of the general partner of Rentech Nitrogen Partners “to pursue other opportunities.”...
http://www.chemweek.com/regions/north_america/us/Rentech-CEO-departs_66068.html
December 10, 2014
KMG Chemicals today reported fiscal 2015 first-quarter net income down 12% year-on-year (YOY), to $1.19 million, on sales down 3%, to $90.8 million. Adjusted net income rose 14%, to...
http://www.chemweek.com/regions/north_america/us/KMG-Chemicals-earnings-decline-on-lower-sales_66067.html
December 10, 2014
DuPont has reached agreement to sell its Neoprene polychloroprene business to Denka Performance Elastomer, a new joint venture company owned 70% by Denki Kagaku Kogyo (Denka; Tokyo) and 30% by Mitsui & Co. Neoprene, the first commercially successful elastomer, was invented by DuPont in 1931....
http://www.chemweek.com/regions/north_america/us/DuPont-to-sell-Neoprene-elastomer-business-to-Denka-Mitsui-JV_66032.html
December 10, 2014
AkzoNobel says a fire at its Battleground facility in La Porte, TX, damaged the building housing its high-purity metallo-organics (HPMO) unit on 9 December. The company has not said whether the fire, which was extinguished within 20 minutes, affected production....
http://www.chemweek.com/regions/north_america/us/AkzoNobel-reports-fire-at-Texas-high-purity-metallo-organics-unit_66034.html
December 10, 2014
Private equity firm The Riverside Co. (New York) says that it has acquired Drex-Chem (Shah Alam, Malaysia), a specialty chemicals distributor. Financial details of the agreement have...
http://www.chemweek.com/regions/north_america/us/Private-equity-firm-acquires-Malaysia-based-chemicals-distributor_66009.html
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