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February 10, 2014
FMC has named Michael Seyfert, a former aide to US Senator Pat Roberts, director/government affairs for the company’s agricultural solutions segment. Seyfert will be responsible...
http://www.chemweek.com/regions/north_america/us/FMC-names-former-Senate-aide-head-of-government-affairs-for-ag_58719.html
February 10, 2014
Sensient Technologies today reported net earnings down 4.1% year-on-year (YOY), to $31.5 million, or 63 cts/share on sales up 0.7%, to $372 million. Earnings were hit by charges...
http://www.chemweek.com/regions/north_america/us/Sensient-earnings-beat-estimates-on-strong-colors-results_58703.html
February 10, 2014
Artek Surfin (Mumbai), an Indian specialty chemicals maker, has bought out private equity firm Aterian Investment Partners’ (New York) 50% stake in Galata Chemicals, the former...
http://www.chemweek.com/regions/north_america/us/Indian-owner-buys-out-Galata-Chemicals_58715.html
February 10, 2014
Fluor announced today a realignment of senior executives to improve its speed to market and client offerings for its commercial businesses. Peter Oosterveer, 56, was named COO...
http://www.chemweek.com/regions/north_america/us/Fluor-streamlines-organization-appoints-COO_58697.html
February 7, 2014
Phillips 66 has received board approval for the Sweeny Fractionator One project, which will produce purity natural gas liquids (NGL), and the Freeport Liquefied Petroleum Gas (LPG) Export Terminal, the company announced on 7 February. The combined investment will total more than $3 billion, says Phillips 66....
http://www.chemweek.com/regions/north_america/us/Phillips-66-to-proceed-with-$3-billion-in-NGL-projects_58687.html
February 7, 2014
Celanese (Dallas) says its board of directors has increased the company’s share repurchase authorization to $400 million. At the end of 2013, Celanese had $228 million remaining from previous authorizations....
http://www.chemweek.com/regions/north_america/us/Celanese-board-authorizes-$400-million-in-share-repurchases_58673.html
February 7, 2014
The Chemical Facility Anti-Terrorism Standards (CFATS) Authorization and Accountability Act of 2014 was introduced to Congress today by US Representative Michael McCaul (R-TX)...
http://www.chemweek.com/regions/north_america/us/CFATS-improvement-bill-introduced-to-House-Socma-supports-efforts_58622.html
February 7, 2014
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich, reports a 9% increase in sales in the fourth quarter of 2013 compared with the year-ago quarter...
http://www.chemweek.com/regions/north_america/us/SAFC-reports-rise-in-sales_58654.html
February 6, 2014
MeadWestvaco (MWV) announced today that it has reached an agreement with BofA Merrill Lynch and Goldman Sachs to buy back about $300 million worth of common stock, or about 7.5 million...
http://www.chemweek.com/regions/north_america/us/MeadWestvaco-agrees-to-accelerated-share-buyback_58652.html
February 6, 2014
PetroLogistics (Houston) reports net income of $21.5 million for the fourth quarter, down 17% year-over-year (YOY) from $25.9 million. Sales totaled $191 million, up 15% YOY....
http://www.chemweek.com/regions/north_america/us/PetroLogistics-sales-up-earnings-down-on-propane-costs-turnaround_58600.html
February 6, 2014
Elevance Renewable Sciences (Woodridge, IL) has selected URS Corp. (San Francisco) to provide engineering, procurement, and construction (EPC) services for Elevance's second...
http://www.chemweek.com/regions/north_america/us/Elevance-awards-EPC-contract-for-280000-m-t-year-biorefinery-at-Natchez_58590.html
February 6, 2014
CB&I has announced that it has been awarded a contract to provide pipe fabrication for Dow’s Gulf coast investment program. Dow's investment plan includes construction of a...
http://www.chemweek.com/regions/north_america/us/CB-and-I-awarded-pipe-fabrication-contract-for-Dows-Gulf-coast-investments_58589.html
February 6, 2014
Bechtel, one of the world’s leading engineering, procurement, and construction companies, has announced several leadership changes, effective immediately.  Bill Dudley, who...
http://www.chemweek.com/regions/north_america/us/Bechtel-appoints-new-president-and-CEO-as-Riley-Bechtel-steps-down_58588.html
February 5, 2014
US Water Services (St. Michael, MN) has acquired ChemCal (Grapevine, TX), an industrial water treatment firm, for an undisclosed amount, the company says. ChemCal focuses in...
http://www.chemweek.com/regions/north_america/us/US-Water-Services-acquires-water-treatment-firm-in-Texas_58516.html
February 5, 2014
FMC today reported fourth-quarter earnings down 73.5% year-on-year (YOY), to $27.1 million, or 20 cts/share, on sales up 24%, to $1.1 billion. Earnings were hit by $114.3 million in...
http://www.chemweek.com/regions/north_america/us/FMC-earnings-beat-estimates-as-ag-results-jump_58582.html
February 5, 2014
Taminco today announced that it is exercising an amendment to its senior secured credit facility that will reduce interest payments by $5 million/year. The amendment cuts the interest...
http://www.chemweek.com/regions/north_america/us/Taminco-gets-lower-interest-rate-on-senior-loans_58565.html
February 5, 2014
Renewable Energy Group (REG; Ames, IA) has broken ground on a $13.2-million improvement project at its Newton, IA biodiesel refinery, the company announced. The investment will...
http://www.chemweek.com/regions/north_america/us/REG-breaks-ground-on-$13-2-million-biodiesel-improvement-project_58564.html
February 5, 2014
Solvay's subsidiary Rhodia, and Premiere Fibers Inc. (Ansonville, NC), have agreed jointly to launch a nylon-based "smart yarn" that reduces the appearance of cellulite and...
http://www.chemweek.com/regions/north_america/us/Solvay-enters-agreement-to-produce-smart-nylon-based-yarn_58562.html
February 5, 2014
W.R. Grace swung to a profit in the fourth quarter as stronger sales of construction products helped offset weak catalyst results. The company, which announced on Monday that it had...
http://www.chemweek.com/regions/north_america/us/W-R-Grace-swings-to-profit_58563.html
February 5, 2014
Taminco (Allentown, PA) and Balchem (New Hampton, NY) have signed an agreement to build and operate a choline chloride facility at St. Gabriel, LA—where both companies operate...
http://www.chemweek.com/regions/north_america/us/Taminco-and-Balchem-form-choline-chloride-JV_58345.html
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