IHS Chemical Week

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October 1, 2014
Enterprise Products Partners (Houston) has acquired the general partner and limited partner interests in Oiltanking Partners LP for $4.41 billion. Enterprise has also proposed merging Oiltanking Partners with Enterprise in a further exchange of equity that would bring the deal’s total value to about $6 billion, two thirds in equity....
http://www.chemweek.com/regions/north_america/us/Enterprise-to-acquire-Oiltanking-Partners-for-$6-billion_64200.html
October 1, 2014
Huntsman today closed its $1.28-billion acquisition of Rockwood's titanium dioxide business, as well as four other businesses. The other businesses include color pigments, timber...
http://www.chemweek.com/regions/north_america/us/Huntsman-closes-Rockwood-titanium-dioxide-acquisition_64180.html
October 1, 2014
Ineos Technologies announced today that it has entered into license agreements for its Innovene S and Innovene G polyethylene (PE) technologies to be used by the proposed Appalachian...
http://www.chemweek.com/regions/north_america/us/Ineos-to-license-polyethylene-technology-to-Ascent_64194.html
October 1, 2014
BASF and Smart Planet Technologies (Newport Beach, CA) are currently discussing a possible strategic partnership concerning Smart Planet Technologies’ mineralized coating...
http://www.chemweek.com/regions/north_america/us/BASF-to-partner-with-packaging-technology-company-Smart-Planet-Technologies_64185.html
October 1, 2014
Johnson & Johnson, the biggest maker of consumer health products, has announced a definitive agreement to acquire Alios BioPharma (South San Francisco, CA), a privately held...
http://www.chemweek.com/regions/north_america/us/Johnson-and-Johnson-to-acquire-Alios-BioPharma-for-$1-75-billion_64182.html
September 30, 2014
Coatings and composites maker Reichhold Industries (Durham, NC) today filed for Chapter 11 bankruptcy protection in US Bankruptcy Court in the District of Delaware. As part of the...
http://www.chemweek.com/regions/north_america/us/Reichhold-files-for-bankruptcy-may-sell-US-business-to-bondholders_64178.html
September 30, 2014
Dow Chemical has lost its bid to appeal the $1.06 billion award imposed in a class-action lawsuit over price fixing in the polyurethanes market....
http://www.chemweek.com/regions/north_america/us/Court-affirms-$1-06-billion-judgment-against-Dow-in-polyurethanes-class-action_64170.html
September 30, 2014
Cabot and Westmoreland Coal (Englewood, CO) say they are doubling capacity of activated carbon, to 70 million pounds, at their jointly owned site at Bienfait, SK. The new capacity will...
http://www.chemweek.com/regions/north_america/us/Cabot-Westmoreland-Coal-to-double-capacity-at-Canada-activated-carbon-site_64150.html
September 30, 2014
Styrolution says it will begin production of NAS and Zylar transparent styrene copolymers at a new plant in Ludwigshafen, Germany, in early October. The company has already begun production of NAS in Decatur, AL....
http://www.chemweek.com/regions/north_america/us/Styrolution-completes-transparent-styrene-copolymer-projects_64153.html
September 30, 2014
Credit ratings agency Moody’s Investors Service (New York) expects robust chemicals mergers and acquisitions (M&A) to remain in place at least through the middle of next...
http://www.chemweek.com/regions/north_america/us/Moodys-Chemicals-M-and-A-to-remain-strong-often-credit-positive-through-2015_64154.html
September 30, 2014
Enterprise Products Partners (Houston) plans to build a cryogenic natural gas processing plant in Eddy County, NM, and associated pipeline infrastructure to support the growing production of liquids-rich natural gas in the Delaware Basin. The plant, which is slated to begin operations in the first quarter of 2016, will provide access to petrochemical plants and export facilities on the US Gulf Coast, says the company....
http://www.chemweek.com/regions/north_america/us/Enterprise-to-double-natural-gas-processing-capacity-in-Delaware-Basin_64149.html
September 30, 2014
Mosaic today announced that it is reducing phosphate fertilizer production, primarily because of high sulfur and ammonia prices. This curtailment will result in lower operating rates...
http://www.chemweek.com/regions/north_america/us/Mosaic-reduces-phosphate-fertilizer-production_64143.html
September 30, 2014
Asahi Kasei Plastics North America (Fowlerville, MI) has broken ground on a previously announced new plastics compounding plant at Athens, AL. Asahi Kasei Plastics North America is a...
http://www.chemweek.com/regions/north_america/us/Asahi-Kasei-breaks-ground-on-plastics-compounding-plant-in-US_64144.html
September 29, 2014
Mitsui & Co. (Tokyo) says it is proceeding with the procurement of eight liquefied natural gas (LNG) ships to be used for the delivery of LNG from the Cameron LNG export project in...
http://www.chemweek.com/regions/north_america/us/Mitsui-and-Co-concludes-deal-to-ship-LNG-from-the-US-to-Japan_64126.html
September 29, 2014
Westmoreland Coal Co. (Englewood, CO), through its subsidiary Westmoreland Kemmerer (Kemmerer, WY) has signed a long-term coal supply agreement with Tata Chemicals North America...
http://www.chemweek.com/regions/north_america/us/Westmoreland-and-Tata-Chemicals-extend-coal-supply-agreement_64125.html
September 29, 2014
LyondellBasell’s supervisory board has formed a committee to choose Gallogly’s successor...
http://www.chemweek.com/regions/north_america/us/LyondellBasell-CEO-Gallogly-to-retire-in-early-2015_64124.html
September 29, 2014
The Goodyear Tire & Rubber Company (Akron, OH) announced today that it has found silica derived from rice husk ash to have equal performance to traditional sources in reducing...
http://www.chemweek.com/regions/north_america/us/Goodyear-looking-to-source-silica-from-rice-husk-ash_64123.html
September 29, 2014
Nova Chemicals has agreed to be the anchor shipper for Kinder Morgan Energy Partners’ Utica to Ontario Pipeline Access (Utopia) project, which will carry ethane and ethane-propane mixtures from the Utica shale basin to Nova’s Corunna, Ontario, facility. The pipeline, slated to begin operation in early 2018, will extend the range of shale-advantaged feedstocks available to Nova’s Corunna steam cracker, which has been receiving ethane from the Marcellus shale since early 2014....
http://www.chemweek.com/regions/north_america/us/Novas-Corunna-cracker-to-receive-Utica-shale-ethane-via-Utopia-pipeline_64119.html
September 29, 2014
Americas Styrenics (AmSty; The Woodlands, TX) will open a new styrene truck terminal at its Channahon, IL, facility, on 1 October. The terminal, wholly owned by AmSty, will schedule shipments seven days per week, says the company, which has reached an agreement with Hoffman Transportation to dedicate a number of trucks exclusively for the terminal....
http://www.chemweek.com/regions/north_america/us/AmSty-to-open-new-styrene-truck-terminal-in-Illinois_64122.html
September 29, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Chemical Activity Barometer (CAB) up 0.1%; up 3.9% Y/Y...
http://www.chemweek.com/regions/north_america/us/ACCs-economic-outlook-for-the-week-ended-26-September-2014_64107.html
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