IHS Chemical Week

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June 25, 2015
US producers of hydrofluorocarbons (HFCs) have asked for antidumping duties on imports originating in China. An industry group, the American HFC Coalition, says it has filed a petition with the US Department of Commerce and the US International Trade Commission, alleging that underpriced blends and components from China are being imported into the US market with dumping margins ranging from 100% to more than 300%....
http://www.chemweek.com/regions/north_america/us/US-producers-of-HFCs-allege-dumping-by-China-ask-for-duties_71663.html
June 25, 2015
The United Steelworkers (USW; Pittsburgh) union said this week that the last site involved in its oil industry strike has ratified its contract with Marathon Petroleum. USW Local 13-1...
http://www.chemweek.com/regions/north_america/us/USW-strike-ends-as-labor-contract-with-Marathons-Galveston-Bay-refinery-is-ratified_71661.html
June 25, 2015
Rare-earths miner Molycorp today filed for Chapter 11 bankruptcy protection for most of US operations, in order to restructure its $1.7 billion in debt obligations. Under the...
http://www.chemweek.com/regions/north_america/us/Molycorp-files-for-Chapter-11-bankruptcy-to-transfer-control-to-creditors_71610.html
June 25, 2015
Thermo Fisher Scientific (Waltham, MA) today announced that it has signed a definitive agreement to acquire Johnson Matthey’s research chemicals business, Alfa Aesar (Heysham...
http://www.chemweek.com/regions/north_america/us/Thermo-Fisher-to-acquire-Johnson-Mattheys-research-chemicals-business-for-$403-million_71609.html
June 25, 2015
Propylene stock movements were mixed in the United States during the week ended 19 June, according to data released by the Energy Information Administration (EIA). Propane-propylene...
http://www.chemweek.com/regions/north_america/us/Propylene-stock-movements-mixed-in-US_71594.html
June 24, 2015
PPG Industries says that it has reached a definitive agreement to acquire IVC Industrial Coatings (Brazil, IN), a specialty powder and liquid coatings manufacturer. Financial terms of...
http://www.chemweek.com/regions/north_america/us/PPG-to-acquire-IVC-Industrial-Coatings_71175.html
June 24, 2015
During the week ended 20 June, chemical railcar traffic in North America declined 0.3% year-over-year (YOY) as gains in the United States were not enough to offset declines in Mexico....
http://www.chemweek.com/regions/north_america/us/North-America-weekly-chemical-rail-traffic-down-0-3-percent-YOY_71593.html
June 24, 2015
Specialty chemical volumes in the United States declined 0.4% sequentially in May, as declines which have persisted since December continued, according to ACC’s specialty...
http://www.chemweek.com/regions/north_america/us/ACC-US-specialties-volumes-decline-in-May_71579.html
June 24, 2015
OCI Enterprises, the North American subsidiary of OCI (Seoul), says it is considering “strategic alternatives” for its stake in OCI Resources (OCIR), a master limited partnership that owns 51% of OCI Wyoming, a producer of trona ore and soda ash....
http://www.chemweek.com/regions/north_america/us/OCI-considers-strategic-alternatives-for-soda-ash-business_71575.html
June 24, 2015
Blank-check acquisition firm Platform Specialty Products (West Palm Beach, FL) has priced its recently-announced stock offering at $26.50/share, with gross proceeds expected to total...
http://www.chemweek.com/regions/north_america/us/Platform-prices-stock-offer-at-$26-50share-upping-value-to-$420-million_71577.html
June 24, 2015
Louisiana Economic Development (LED) announced today that Monsanto is considering a $1-billion expansion at Luling, LA to support its Roundup Ready Xtend Crop System. Pending a...
http://www.chemweek.com/regions/north_america/us/Monsanto-considering-$1-billion-investment-in-Louisiana-to-support-roll-out-of-dicamba-platform_71574.html
June 24, 2015
The benzene arbitrage window between Asia and the United States has been open slightly this week for a limited time, according to trade participants. Prompt Asia benzene prices were at...
http://www.chemweek.com/regions/north_america/us/Asia-US-benzene-arbitrage-window-opens-this-week_71571.html
June 24, 2015
IMCD (Rotterdam), a distributor of specialty chemicals, says that it has completed the previously announced acquisition of an 80% stake in specialties distributor M.F. Cachat...
http://www.chemweek.com/regions/north_america/us/IMCD-completes-acquisition-of-US-distributor-M-F-Cachat_71557.html
June 24, 2015
Monsanto beat analysts’ estimates for its fiscal third quarter on stronger corn and soybean sales and the proceeds from a recent Roundup license extension from Scotts...
http://www.chemweek.com/regions/north_america/us/Monsanto-beats-estimates-on-higher-seed-sales_71573.html
June 24, 2015
Phillips 66, one of the largest base oil suppliers in North America, says it has introduced production of odorless mineral spirits out of its Wood River refinery in Roxana, IL. The...
http://www.chemweek.com/regions/north_america/us/Phillips-66-launches-odorless-mineral-spirits-out-of-Wood-River-refinery_71335.html
June 24, 2015
Monsanto, announcing its third-quarter results today, reconfirmed that it is eager to merge with Syngenta. However, Monsanto signaled earlier that it has other options. Monsanto...
http://www.chemweek.com/regions/north_america/us/Monsanto-still-eager-to-merge-with-Syngenta-but-signals-it-has-other-options_71569.html
June 24, 2015
First Bauxite Corp. (Toronto) plans to invest $200 million in a bauxite processing plant in St. John the Baptist Parish in Louisiana, the company has announced. This follows a...
http://www.chemweek.com/regions/north_america/us/First-Bauxite-to-invest-in-bauxite-processing-plant-in-Louisiana_71567.html
June 24, 2015
An 18-wheeler truck rig collided with an above-ground section of pipeline in Houston on 22 June, resulting in the release of propylene after transfer of material ownership to Shell...
http://www.chemweek.com/regions/north_america/us/Truck-collision-with-Houston-pipeline-causes-propylene-release_71554.html
June 23, 2015
Arsenal Capital (New York) says it has completed the sale of Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm, for an...
http://www.chemweek.com/regions/north_america/us/Arsenal-Capital-completes-Royal-Adhesives-sale_71479.html
June 23, 2015
BioAmber (Minneapolis) announced today that the Flokser Group, a global leader in leather and suede fabrics, has successfully developed an artificial leather fabric using biobased...
http://www.chemweek.com/regions/north_america/us/Biobased-chemicals-from-DuPont-and-BioAmber-used-to-produce-artificial-leather_71542.html
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