IHS Chemical Week

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April 3, 2013
The closing of its wallcovering business, coating fabric manufacturing rationalization, and other charges drove Omnova Solutions’ earnings to a $200,000 loss in the quarter ended...
http://www.chemweek.com/regions/north_america/us/Omnova-Solutions-reports-loss-on-lower-volumes_50921.html
April 3, 2013
If the project is approved, construction would begin in the first half of 2014 with start-up by the second half of 2015....
http://www.chemweek.com/regions/north_america/us/Phillips-66-plans-NGL-fractionator-at-Old-Ocean-TX_50920.html
April 3, 2013
W. R. Grace says it has acquired Chemind Construction Products (Brisbane, Australia), a privately held specialty manufacturer and distributor of waterproofing coatings technologies and...
http://www.chemweek.com/regions/north_america/us/Grace-acquires-waterproofing-technology-and-capacity-in-Australia_50918.html
April 3, 2013
Dow Chemical says that Dow Water & Process Solutions, one of its business units, has opened a commercial-scale manufacturing facility for the Tequatic Plus fine particle...
http://www.chemweek.com/regions/north_america/us/Dow-Water-and-Process-Solutions-opens-facility-at-Menlo-Park_50914.html
April 2, 2013
Nanosys, a Palo Alto, CA-based company developing quantum-dot-enabled technologies for the display and energy storage markets, says it has expanded into a new, high-capacity production...
http://www.chemweek.com/regions/north_america/us/Nanosys-expands-quantum-dot-facility_50909.html
April 2, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 16 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.4%; up 2.9% year-on-year (YOY) Consumer...
http://www.chemweek.com/regions/north_america/us/ACCs-economic-outlook-for-the-week-ended-29-March_50907.html
April 2, 2013
The Wind Explorer traveled 3,000 miles in Australia. Evonik Industries in North America is traveling around the United States to display its Wind Explorer 200-lb lightweight electric...
http://www.chemweek.com/regions/north_america/us/Evonik-demonstrates-lightweight-electric-and-wind-powered-vehicle_50906.html
April 2, 2013
John Rolando Evonik Industries has named John Rolando president of its North American subsidiary Evonik Corp., effective yesterday. Rolando, who has been with the company for over 25...
http://www.chemweek.com/regions/north_america/us/Evonik-names-Rolando-president-of-North-American-business_50905.html
April 2, 2013
The sum includes the construction of methanol storage capacity in support of Methanex’s Geismar, LA, methanol project and the acquisition of a terminal facility in South Carolina from Quality Carriers....
http://www.chemweek.com/regions/north_america/us/Kinder-Morgan-to-invest-$58-million-in-chemical-storage_50876.html
April 2, 2013
Applying the change retrospectively, Celanese earnings per share from continuing operations for 2012 decreased from $3.81 to $2.35....
http://www.chemweek.com/regions/north_america/us/Celanese-adopts-mark-to-market-pension-accounting_50892.html
April 2, 2013
DuPont and the Department of Agriculture (USDA) have announced a new federal-private collaboration to safeguard natural resources on private lands used to grow corn stover for...
http://www.chemweek.com/regions/north_america/us/DuPont-USDA-to-promote-sustainable-energy-crop-harvesting-practices_50891.html
April 2, 2013
International Flavors & Fragrances is issuing $300 million in 10-year senior bonds with an interest rate of 3.2%, the company says. The public offering of the bonds will close...
http://www.chemweek.com/regions/north_america/us/IFF-issuing-bonds-at-3-2-percent_50889.html
April 1, 2013
Renewable fuels and chemicals maker Amyris (Emeryville, CA) announced three milestones in its efforts to commercialize the building-block chemical farnesene, including two funding...
http://www.chemweek.com/regions/north_america/us/Amyris-advances-farnesene-confirms-funding_50871.html
April 1, 2013
PPG Industries has completed the $1.05-billion purchase of AkzoNobel's North American architectural coatings business. The acquired business had 2012 sales of €1.19 billion ($1.57...
http://www.chemweek.com/regions/north_america/us/PPG-completes-$1-05-billion-purchase-of-AkzoNobel-North-American-decorative-coatings-unit_50858.html
April 1, 2013
Momentive Performance Materials (MPM; Waterford, NY) and Momentive Specialty Chemicals (Columbus, OH) both announced fourth quarter results—reporting drops in sales and net losses on lower volumes and other factors. Both companies are owned by private equity firm Apollo Management....
http://www.chemweek.com/regions/north_america/us/Momentive-reports-net-losses-sales-decreases_50857.html
April 1, 2013
Nippon Sheet Glass (NSG; Tokyo) has sold its 6.25% stake in FMC Wyoming, which contains most of FMC's soda ash and alkali operations, back to FMC for $80 million, NSG says. NSG...
http://www.chemweek.com/regions/north_america/us/Nippon-Sheet-Glass-sells-soda-ash-stake-back-to-FMC_50828.html
April 1, 2013
Ferro has completed the sale of its pharmaceuticals business, Pfanstiehl Laboratories, to private equity firm Med Opportunity Partners (Greenwich, CT). Ferro will receive $16.9 million cash and an incentive payment of up to $8 million, payable over 2 years based on the business’ earnings performance....
http://www.chemweek.com/regions/north_america/us/Ferro-sells-pharma-business_50856.html
March 28, 2013
North American chemicals sector rail traffic rose 1.7% year-on-year (YOY) during the week ended 23 March, to 43,588 cars, according to the Association of American Railroads (AAR...
http://www.chemweek.com/regions/north_america/us/Chemicals-sector-rail-traffic-up-1-7-percent_50829.html
March 28, 2013
Despite the industry’s cyclicality and environmental risks, North American chemical companies tend to offer weak covenants on high-yield bonds, according to a new report from...
http://www.chemweek.com/regions/north_america/us/Moodys-Chemical-companies-offer-bond-investors-little-protection_50817.html
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