IHS Chemical Week

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August 18, 2014
An equipment failure on 14 August will disrupt production at Huntsman’s Port Neches, TX, facility for 2-3 weeks, the company says. Huntsman makes methyl-tert butyl ether (MTBE), propylene oxide (PO), and propylene glycol (PG) at the facility....
http://www.chemweek.com/regions/north_america/us/Huntsman-reports-2-3-week-disruption-at-Port-Neches_63258.html
August 15, 2014
Quaker Chemical announced today that it has acquired specialty grease manufacturer ECLI Products (Aurora, IL) for $52 million. ECLI, with estimated 2014 Ebitda of $7 million...
http://www.chemweek.com/regions/north_america/us/Quaker-acquires-specialty-grease-maker_63246.html
August 15, 2014

Hedge fund Third Point reports holding a 22-million share stake in Dow Chemical, valued at $1.1 billion, according to its second-quarter report on US-traded equity holdings with SEC on 14 August. Third Point also reports new stakes in DSM and FMC. Jana Partners joined Third Point with a new FMC stake in the second quarter. 

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http://www.chemweek.com/regions/north_america/us/Third-Point-reports-1-8-percent-Dow-holding-Third-Point-Jana-take-stake-in-FMC_63234.html
August 15, 2014
Mosaic announced today that its board of directors has named Mark Isaacson v.p., general counsel, and corporate secretary, as well as part of the senior leadership team. Isaacson has...
http://www.chemweek.com/regions/north_america/us/Mosaic-announces-several-senior-leadership-appointments_63242.html
August 14, 2014
Momentive Specialty Chemicals (MSC) has announced a second-quarter net loss of $27 million, roughly flat year-on-year (YOY), on net sales up 7%, to $1.34 billion. The company, which is...
http://www.chemweek.com/regions/north_america/us/Momentive-Specialty-Chemicals-sales-rise_63192.html
August 14, 2014
Momentive Specialty Chemicals (MSC) says it has selected the city of Curitiba, in the state of Parana, Brazil, as the location of its next forest products manufacturing site in Latin...
http://www.chemweek.com/regions/north_america/us/Momentive-selects-Brazil-site-for-forest-products-facility_63190.html
August 14, 2014
DuPont Pioneer today announced plans to build a $35-million soybean research facility at its Stine Haskell Research Center at Newark, DE. The nearly 134,000 square foot facility will...
http://www.chemweek.com/regions/north_america/us/DuPont-plans-$35-million-soybean-research-facility_63189.html
August 14, 2014
Christoph Ganz, regional manager/North America, cuts the ribbon at the opening of the mortar plant at Conyers. Sika (Baar, Switzerland) says that it has opened a new production...
http://www.chemweek.com/regions/north_america/us/Sika-opens-production-plants-for-admixtures-and-mortars-at-two-sites-in-US_63179.html
August 13, 2014
Lanxess announced today that it is expanding its Gastonia, NC, compounding facility for high-tech plastics by adding a second production line. The company will invest about $15 million...
http://www.chemweek.com/regions/north_america/us/Lanxess-expands-plastics-production-in-North-Carolina_63146.html
August 12, 2014
Valspar says that net income for the quarter ended 25 July was $97.8 million, up 4% year-on-year (YOY). Reported earnings of $1.14/share dipped slightly below analyst estimates of...
http://www.chemweek.com/regions/north_america/us/Valspar-results-up-on-strength-in-coatings_63127.html
August 12, 2014
Mepron helps dairy cows produce more milk without additional crude protein in their feed. Evonik Industries announced on 12 August that it will construct a methionine production plant...
http://www.chemweek.com/regions/north_america/us/Evonik-to-build-amino-acid-production-unit-at-Mobile-AL_63130.html
August 11, 2014
Kinder Morgan, Inc. (KMI) announced today that it is buying out its two master limited partnerships (MLPs) – Kinder Morgan Energy Partners (KMP) and El Paso Pipeline Partners...
http://www.chemweek.com/regions/north_america/us/Kinder-Morgan-to-buy-out-its-MLPs-in-$71-billion-deal_63115.html
August 11, 2014
BP says that a fire has resulted in the shutdown of one of its one of the purified terephthalic acid (PTA) production units at its Cooper River site in Charleston, SC. The...
http://www.chemweek.com/regions/north_america/us/BPs-Cooper-River-PTA-unit-suffers-fire_63114.html
August 11, 2014
FMC announced today that it has signed an agreement to jointly develop and distribute organic acid soil and plant health products for Actagro (Biola, CA) in Asia. Actagro’s full...
http://www.chemweek.com/regions/north_america/us/FMC-to-distribute-soil-and-plant-health-product-line-in-Asia_62976.html
August 11, 2014
Kraton Performance Polymers today announced that on 8 August, it received notice from LCY Chemical (Taipei) that LCY has terminated their merger agreement following the Kraton board's...
http://www.chemweek.com/regions/north_america/us/LCY-terminates-merger-agreement-with-Kraton_63104.html
August 8, 2014
Calgon Carbon today reported earnings up 17.2% year-on-year (YOY), to $15.2 million, or 28 cts/share, on sales up 3.3%, to $145.1 million. Earnings totaled 28 cts/share, matching...
http://www.chemweek.com/regions/north_america/us/Calgon-Carbon-earnings-rise-on-higher-sales_63088.html
August 8, 2014
ExxonMobil Chemical says that it has appointed Damon Davis as v.p./global synthetic fluids and lubricant base stocks business. Davis replaces Russ Green, who has been appointed...
http://www.chemweek.com/regions/north_america/us/ExxonMobil-Chemical-appoints-new-headsynthetic-fluids-and-lubricant-base-stocks_63077.html
August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/regions/north_america/us/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 8, 2014
Kronos Worldwide (Dallas) reports second-quarter income of $33.1 million, reversing a year-ago loss of $33.9 million. Sales declined 8% year-over-year (YOY), to $443.5 million, the result of lower prices and volumes, the company says. Earnings per share totaled 29 cts....
http://www.chemweek.com/regions/north_america/us/Kronos-swings-to-$33-million-profit-on-lower-costs_63072.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/regions/north_america/us/Minerals-Technologies-beats-estimates_63076.html
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