IHS Chemical Week

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April 15, 2013
Air Liquide says it has begun commercial production at the second of two nitrogen liquefiers at the company’s Cleburne, TX, facility. The second liquefier will enable Air Liquide...
http://www.chemweek.com/regions/north_america/us/Air-Liquide-starts-second-nitrogen-liquefier-at-TX-site_51121.html
April 15, 2013
In a bid to beat the crowd of ethane cracker projects destined for the United States, Sasol has ordered the main ethylene compressor trains of its Lake Charles, LA, $5–7-billion...
http://www.chemweek.com/regions/north_america/us/Sasol-orders-compressors-licenses-process-technology_51120.html
April 15, 2013
Dow AgroSciences and Monsanto say they have signed royalty-bearing agreements to cross license corn trait technology for weed and insect management. The agreement paves the way for...
http://www.chemweek.com/regions/north_america/us/Monsanto-licenses-Dows-Enlist-corn-trait_51119.html
April 15, 2013
Ferro sold its pharmaceuticals business, increased its earnings guidance, and issued a letter to shareholders, while A. Schulman fell short of estimates and amended CEO Joseph Gingo’s contract to extend it in the event of a “transformational acquisition” as the companies hunkered down for the next stage in Schulman’s $855-million hostile bid for Ferro. Gingo’s revised contract provides for a two-year extension, and Schulman specifically mentioned Ferro as the kind of deal that could trigger the extension....
http://www.chemweek.com/regions/north_america/us/Schulman-Ferro-prepare-for-next-stage-in-bid-proxy-fight_51118.html
April 15, 2013
Gasoline production and naphtha cracking have historically supplied a reliable stream of aromatics to the US market, but changing feedslates, government mandates, and consumer...
http://www.chemweek.com/regions/north_america/us/Tightening-aromatics-present-new-opportunities-for-refiners_51108.html
April 15, 2013
American Vanguard (Amvac) says it has acquired a 29.46% stake TyraTech, a Morrisville, NC-based developer of insecticides based on essential oils, for $3.7...
http://www.chemweek.com/regions/north_america/us/Amvac-invests-in-TyraTech_51093.html
April 15, 2013
Kinder Morgan Energy Partners (KMP) has announced plans to invest approximately $58 million to expand chemical storage capacity. The sum includes construction of methanol storage...
http://www.chemweek.com/regions/north_america/us/Kinder-Morgan-invests-$58-million-in-methanol-storage-terminal-buy_51078.html
April 15, 2013
Monsanto raised its earnings outlook for its fiscal year ending 31 August as expanded corn acres in Brazil and increased sales of advanced corn seeds in the United States drove...
http://www.chemweek.com/regions/north_america/us/Monsanto-tops-estimates-raises-2013-earnings-outlook_51077.html
April 15, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Retail trade down 0.4%; down 2.8% year-on-year (YOY)...
http://www.chemweek.com/regions/north_america/us/ACCs-economic-outlook-for-the-week-ended-12-April-2013_51182.html
April 15, 2013
Jana Partners (New York), a hedge fund and activist shareholder, has purchased a 7.4% stake in Ashland and held discussions with company management regarding Ashland’s...
http://www.chemweek.com/regions/north_america/us/Activist-shareholder-buys-up-Ashland-stake-prompting-asset-sale-rumors_51181.html
April 15, 2013
Barentz Group (Hoofddorp, Netherlands) has acquired an undisclosed equity stake in NK Chemicals (NKC; Wakefield, UK) with the aim of strengthening the activities of each company in the...
http://www.chemweek.com/regions/north_america/us/Barentz-takes-stake-in-lanolin-distributor-NK-Chemicals_51172.html
April 15, 2013
Clariant has confirmed that it has signed an agreement with Ecolab to acquire certain assets among its deepwater Gulf of Mexico assets. The divestment of the assets by Ecolab was...
http://www.chemweek.com/regions/north_america/us/Clariant-confirms-acquisition-of-part-of-Champions-assets-in-North-America_51169.html
April 15, 2013
Evonik Industries says that its Evonik Corp. (Parsippany, NJ) unit has extended its contract with distribution company Lintech International (Macon, GA), to expand distribution of its...
http://www.chemweek.com/regions/north_america/us/Evonik-extends-distribution-contract-with-Lintech-in-US_51168.html
April 12, 2013
The venture, Three Rivers Midstream, will invest in infrastructure for both wet- and dry-gas handling, including a 200-million cu ft/day cryogenic gas processing plant....
http://www.chemweek.com/regions/north_america/us/Williams-Shell-plan-midstream-JV-for-northwest-Pennsylvania_51153.html
April 12, 2013
DuPont says it has opened a new innovation center at Istanbul, a key growth market for the company. This is DuPont's 11th innovation center and the 3rd in the Europe, Mideast, and...
http://www.chemweek.com/regions/north_america/us/DuPont-opens-innovation-center-in-Turkey_51146.html
April 11, 2013
North American chemicals sector rail traffic rose 8.3% year-on-year (YOY) during the week ended 6 April, to 43,838 cars, according to the Association of American Railroads (AAR...
http://www.chemweek.com/regions/north_america/us/Chemicals-sector-rail-traffic-rises-8-3-percent_51116.html
April 11, 2013
PPG has acquired Deft (Irvine, CA), a maker of aerospace coatings, including structural primers and military topcoats, the company says. Financial details of the deal, including...
http://www.chemweek.com/regions/north_america/us/PPG-acquires-aerospace-coatings-maker_51076.html
April 11, 2013
Praxair announced today that it has acquired Tri-State Carbonic’s (Lawrenceburg, IN) merchant carbon dioxide (CO2) business. Financial terms of the agreement were not disclosed...
http://www.chemweek.com/regions/north_america/us/Praxair-acquires-merchant-carbon-dioxide-business_51075.html
April 11, 2013
Versalis and Genomatica (San Diego) have signed a definitive joint venture agreement for the development, licensing, and production of biobased butadiene, the companies said today...
http://www.chemweek.com/regions/north_america/us/Versalis-and-Genomatica-launch-biobased-butadiene-development-and-licensing-joint-venture_51072.html
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