IHS Chemical Week

Archives :: Regions :: North America :: U.S.

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May 7, 2015
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich (St. Louis), reports a 4.4% increase in sales in the first quarter of 2015 compared with the...
http://www.chemweek.com/regions/north_america/us/SAFC-reports-rise-in-first-quarter-sales_70167.html
May 7, 2015
International Flavors & Fragrances (IFF), a creator of flavors and fragrances for consumer products, says that John Ferraro, former global chief operating officer of Ernst &...
http://www.chemweek.com/regions/north_america/us/IFF-appoints-new-board-member_70166.html
May 7, 2015
BASF Corp. says it has entered into a distribution agreement for the sale of BASF’s gas treatment solvents to the ammonia and syngas industry in the United States and Trinidad...
http://www.chemweek.com/regions/north_america/us/BASF-appoints-Kinetix-as-distributor-of-gas-treatment-solvents-in-the-US-and-Trinidad_70157.html
May 6, 2015
Dow Chemical said on Wednesday that it has completed the acquisition of ExxonMobil Chemical’s share in Univation Technologies (Houston), previously an equally owned joint venture...
http://www.chemweek.com/regions/north_america/us/Dow-Chemical-completes-acquisition-of-Univation-Technologies_70150.html
May 6, 2015
During the week ended 2 May, chemical railcar traffic in North America changed little year-over-year (YOY) as a sharp decline in Mexico offset gains in the United States and Canada....
http://www.chemweek.com/regions/north_america/us/North-America-rail-traffic-flat-on-large-drop-in-Mexico_70131.html
May 6, 2015
Airgas says that it has opened a specialty gas facility at Tooele, UT. The facility will provide a critical link in the supply chain for high-purity and precision-blended specialty...
http://www.chemweek.com/regions/north_america/us/Airgas-opens-specialty-gas-facility-in-Utah_70114.html
May 6, 2015
The April US ethylene net transaction contract will go unsettled, according to market participants on Wednesday. Producers were seeking a rollover from the March contract price of...
http://www.chemweek.com/regions/north_america/us/US-ethylene-contract-to-go-unsettled-for-April_70129.html
May 6, 2015
US crude inventories came down last week for the first time since the week of 2 January, according to data released by the Energy Information Administration (EIA) on Wednesday. Crude...
http://www.chemweek.com/regions/north_america/us/US-crude-inventories-drop-first-time-since-early-January_70128.html
May 6, 2015
US propylene stocks firmed during the week that ended on May 1st, according to data released by the Energy Information Administration (EIA) on Wednesday. Non-fuel use propylene stocks...
http://www.chemweek.com/regions/north_america/us/US-propylene-stocks-up-for-second-consecutive-week_70122.html
May 6, 2015
Axiall reports a first quarter net loss of $10.6 million, up slightly from a loss of $11.6 million in the year-ago period. Sales fell 5% year-over-year (YOY) to $947.6 million on declines in chlorovinyls and aromatics. Adjusted earnings totaled a loss of 5 cts/share, missing the analysts’ consensus estimate of 0 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/Axiall-misses-first-quarter-estimates-with-$10-6-million-loss_70119.html
May 6, 2015
OxyChem, the chemical business of Occidental Petroleum, turned in pre-tax core earnings of $139 million in the first quarter, up 2% year-over-year (YOY). Occidental attributes the gain to lower ethylene and natural gas costs, offset primarily by lower caustic soda sales volumes. OxyChem sales fell 18% YOY to $1 billion....
http://www.chemweek.com/regions/north_america/us/OxyChem-earnings-up-2-percent-YOY-on-lower-costs_70124.html
May 6, 2015
Axalta today reported first-quarter net income of $46.7 million, compared with a net loss of $3.7 million in the year-ago quarter, on sales down 5.4% year-on-year (YOY), to $997.5...
http://www.chemweek.com/regions/north_america/us/Axalta-beats-estimates-despite-currency-issues_70120.html
May 6, 2015
Momentive Performance Materials says that Erick Asmussen will become its senior v.p. and CFO on 26 May. As a result of the appointment, Brian Berger will resign the position of interim...
http://www.chemweek.com/regions/north_america/us/Momentive-appoints-new-CFO_70110.html
May 6, 2015
A previously announced petchems project planned in Belmont County, OH, is expected to require a capital expenditure of $5 billion, sources tell CW on the sidelines of the APIC 2015...
http://www.chemweek.com/regions/north_america/us/PTTGC-outlines-Ohio-Indonesian-petchem-projects_70118.html
May 5, 2015
The IRS has issued a proposed ruling that could jeopardize plans to put petrochemical assets into tax-saving master limited partnerships (MLPs). The document specifically states that income derived from a steam cracker would not qualify for MLP status, directly contradicting a ruling issued on 2 July 2012....
http://www.chemweek.com/regions/north_america/us/Proposed-IRS-ruling-threatens-cracker-MLPs_70105.html
May 5, 2015
Abengoa (Seville, Spain) has been selected by Fulcrum BioEnergy (Pleasanton, CA), to build the first biorefinery using gasification technology to convert municipal solid waste into...
http://www.chemweek.com/regions/north_america/us/Fulcrum-awards-engineering-and-construction-contract-to-Abengoa-for-US-biorefinery-project_70090.html
May 5, 2015
Boardwalk Pipeline’s Evangeline ethylene pipeline will remain down for the next couple of months, with an estimated restart date of 1 July. US styrene supply is expected to...
http://www.chemweek.com/regions/north_america/us/US-styrene-to-stay-tight-in-Louisiana-amid-ethylene-pipeline-issues_70100.html
May 5, 2015
ChevronPhillips Chemical (CPChem) has said its Sweeny, TX Ethylene Unit 22 will be returned to service following a planned maintenance turnaround. In a filing with the Texas Commission...
http://www.chemweek.com/regions/north_america/us/CPChem-Sweeny-ethylene-unit-returns-to-service_70099.html
May 5, 2015
IHS analysts' said Tuesday that they do not expect additional benzene to move from the US to Europe this month, following recent shipments of about 10,000 m.t. that are set to arrive...
http://www.chemweek.com/regions/north_america/us/Additional-US-benzene-to-Europe-not-expected-after-recent-fixtures_70104.html
May 5, 2015
Bayer CropScience on Tuesday announced a strategic innovation partnership with Flagship Ventures, a leading venture capital and venture-creation firm. The partnership also includes an...
http://www.chemweek.com/regions/north_america/us/Bayer-CropScience-forms-innovation-partnership-with-venture-capital-firm-Flagship-Ventures_70082.html
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