IHS Chemical Week

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December 16, 2015
The United States chemical sector grew by 3.6% this year despite the strong US dollar and weakness in key export markets, says the American Chemistry Council (ACC), which today released its "Year-End 2015 Chemical Industry Situation and Outlook". The ACC expects growth to slow modestly in 2016, but forecasts average annual growth of over 4% through 2020, exceeding the estimated 2.6%. growth in GDP....
December 16, 2015
PPG Industries says that it has begun using chloride-grade titanium dioxide (TiO2) produced in commercial quantities by Henan Billions Chemicals (Jiaozuo, China), including PPG’s...
December 17, 2015
The USDA recently granted a $70 million loan guarantee to help build a cellulosic biorefinery in central Georgia. USDA is providing the loan guarantee conditional commitment through...
December 15, 2015
An appeals court has ruled that EPA can enforce its Mercury and Air Toxics Standards (MATS) for power plants while the EPA performs a satisfactory analysis of the regulation’s...
December 15, 2015
Fluorochemicals maker Halocarbon will be moving its headquarters to Atlanta, effective 31 December. The company’s current headquarters building in River Edge, NJ, will close that...
December 15, 2015
Shell Chemicals has asked the Texas Commission on Environmental Quality (TCEQ) for permission to expand ethylene production capacity at its Deer Park, TX, facility, according to notices issued by the TCEQ on 14 December. Shell did not immediately respond to a request for comment....
December 15, 2015
The Texas Commission on Environmental Quality has preliminarily approved Oxea's plans to build a plant with the capacity to produce 119,000 m.t./year 2-ethylhexanol and 68,000 m.t./year of iso- and n-butyraldehyde at Bay City, TX....
December 15, 2015
Honeywell on Tuesday announced that it has completed the previously announced acquisition of the Seelze, Germany–based laboratory research chemicals business from Sigma-Aldrich...
December 15, 2015
Ashland has agreed to acquire OCH International (Portland, OR), which operates and franchises a total of 89 quick-lube stores across six US states. The acquisition is expected to be...
December 15, 2015
Sika (Baar, Switzerland) says that it has opened a new mortar plant at Philadelphia. The interior finishing market has huge potential in the fast-growing cities on the US East...
December 16, 2015
Daniel Loeb, founder and CEO of activist hedge fund Third Point (New York), sent a private letter over the weekend to Dow Chemical’s board calling for the removal of Dow CEO Andrew Liveris. Loeb’s letter argues that Liveris should not have a role in the combined company, of which he would be executive chairman, after Dow merges with DuPont, according to multiple reports....
December 14, 2015
DuPont has announced several executive leadership changes, including a new head for its agriculture unit. The news came in the wake of Friday's announcement that the company plans to...
December 14, 2015
SK Capital (New York) says it will sell radiopharmaceuticals firm IBA Molecular to CapVest Partners (London), another private equity firm, for an undisclosed sum. IBA Molecular...
December 14, 2015
Merck KGaA (Darmstadt, Germany) on Monday announced that it has acquired Ormet Circuits (San Diego), a company that designs, manufactures, and sells sintering, electrically conductive...
December 14, 2015
The US FDA, on 9 December, alerted drug manufacturers in the United States that certain lots of the baclofen active pharmaceutical ingredient (API) manufactured by Taizhou Xinyou...
December 14, 2015
The combined company will be named DowDuPont and be dual headquartered in Midland, MI; and Wilmington, DE....
December 14, 2015
MEGlobal has applied to the Texas Commission on Environmental Quality (TCEQ) for an air permit authorizing construction of an ethylene glycol facility in Freeport, TX, according to a notice published by the TCEQ on 10 December....
December 11, 2015
Dow Chemical has announced that it will become the 100% owner of Dow Corning, which is currently a 50-50 joint venture with Corning. As part of the deal, Corning will receive $4.8...
December 11, 2015
ExxonMobil has elected Darren W. Woods as its president and as member of the company's board of directors, effective 1 January. The election of Woods, who is currently senior v.p. of the corporation, was made during a meeting of the ExxonMobil board of directors on 9 December....
December 11, 2015
Next year, DuPont expects to save $700 million in costs compared with 2015, according to a worldwide cost-savings and restructuring plan announced today. The plan builds on the...
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