IHS Chemical Week

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January 28, 2014
Eastman Chemical (Kingsport, TN) has agreed to acquire BP’s $100-million/year global aviation turbine engine oil business, Eastman announced on 28 January. The acquisition will expand Eastman’s aviation products portfolio, which currently comprises its Skydrol aviation hydraulic fluids. Financial terms of the deal, which is expected to close in the second quarter, have not been disclosed....
http://www.chemweek.com/regions/north_america/us/Eastman-buys-BPs-aviation-turbine-oil-business_58361.html
January 28, 2014
ACC today released its monthly chemical activity barometer (CAB), showing continued growth and an improving US economy. The January CAB ticked up to 94, increasing 0.2% over December...
http://www.chemweek.com/regions/north_america/us/ACCs-Chemical-Activity-Barometer-posts-January-increase_58360.html
January 28, 2014
Air Products reported net income $287 million, up 4% year-over-year (YOY) on gains in its electronics and performance materials, and equipment and energy segments. Reported earnings of...
http://www.chemweek.com/regions/north_america/us/Air-Products-earnings-up-on-strong-electronics-and-performance-materials_58359.html
January 27, 2014
Ashland posted net income from continuing operations of $111 million for the quarter ended 31 December—up 9% year-over-year (YOY) on higher volumes in each of its units. Earnings...
http://www.chemweek.com/regions/north_america/us/Ashland-reports-flat-sales-announces-restructuring_58347.html
January 27, 2014
Cabot today announced that it has signed a contract to provide its Darco Hg-brand family of activated carbon products to a power generator in the US. The company says this is the first...
http://www.chemweek.com/regions/north_america/us/Cabot-signs-activated-carbon-contract-with-Midwestern-utility_58333.html
January 27, 2014
The Society of Chemical Manufacturers and Affiliates (Socma) has announced that J. Steel Hutchinson, president and CEO of GFS Chemicals (Columbus, OH), a specialty organic and...
http://www.chemweek.com/regions/north_america/us/Socma-names-board-of-governors-chairman_58344.html
January 27, 2014
Toray Industries says that it has decided to expand the production capacity for Torayca prepreg at its Toray Composites America (TCA; Tacoma, WA) subsidiary. Torayca is Toray’s...
http://www.chemweek.com/regions/north_america/us/Toray-to-expand-carbon-fiber-prepreg-capacity-in-US_58322.html
January 24, 2014
Phillips 66 (Houston) is to proceed with its Cross-Channel Connector project, which will increase the capacity of pipelines carrying refined products from the south side of the Houston Ship Channel to transportation systems operated by Magellan Midstream Partners and Kinder Morgan Energy Partners on the north side....
http://www.chemweek.com/regions/north_america/us/Phillips-66-to-go-forward-with-Cross-Channel-Connector_58305.html
January 24, 2014
The Environmental Protection Agency (EPA) announced today that it has added 50 chemicals, including 40 fragrance chemicals, to its Safer Chemical Ingredient List (SCIL). The SCIL was...
http://www.chemweek.com/regions/north_america/us/EPA-adds-50-chemicals-to-Safer-Chemical-Ingredient-List_58307.html
January 24, 2014
Northwest Innovation Works (NWIW; Vancouver, WA) has proposed to build two large-scale methanol plants in the US Pacific Northwest. The proposed facilities would each cost $1 billion...
http://www.chemweek.com/regions/north_america/us/Chinese-group-plans-two-mega-methanol-plants-in-US-Pacific-Northwest-to-supply-olefins-feedstock_58289.html
January 24, 2014
Freedom Industries has filed for bankruptcy a week after a leak at one of its tanks containing 4-methylcyclohexane methanol (MCHM) forced a water ban in nine West Vriginia counties...
http://www.chemweek.com/regions/north_america/us/Freedom-Industries-declares-bankruptcy-following-West-Virginia-chemical-spill-legislation-introduced_58051.html
January 24, 2014
Honeywell says segment profit in its performance materials and technologies unit rose 30% in the fourth quarter, to $272 million, on strong volume and productivity gains.  Sales were up 12%, to $1.73 billion....
http://www.chemweek.com/regions/north_america/us/Honeywells-materials-unit-posts-strong-earnings-and-sales-gains_58302.html
January 24, 2014
Celanese reported fourth-quarter net earnings of $654 million, compared with a loss of $169 million in the year-ago period. Net sales increased 7.7% year-over-year (YOY), to $1.62 billion....
http://www.chemweek.com/regions/north_america/us/Celanese-swings-to-profit_58282.html
January 24, 2014
Iogen (Ottawa) says it has developed and patented a method to make drop-in cellulosic biofuels from biogas using existing refinery assets and production operations. The company is...
http://www.chemweek.com/regions/north_america/us/Iogen-patents-process-for-cellulosic-biofuel-from-biogas_58298.html
January 24, 2014
GlyEco Inc. (Phoenix, AZ), a green chemistry company, says it has voted to increase the size of its board from five, to seven members and appointed Everett Alexander and Dwight...
http://www.chemweek.com/regions/north_america/us/Green-chemistry-firm-GlyEco-names-new-board-members_58218.html
January 24, 2014
Elevance Renewable Sciences (Woodbridge, IL) says it has hired Robert (Bob) Kumpf as chief technology officer. Kumpf will focus on expanding Elevance's production and applications...
http://www.chemweek.com/regions/north_america/us/Elevance-hires-Kumpf-as-chief-technology-officer_58293.html
January 23, 2014
Attendees and exhibitors at this year's Informex USA, held this week in Miami Beach, were mostly optimistic about the direction of the fine chemicals and contract manufacturing...
http://www.chemweek.com/regions/north_america/us/Informex-2014-Rising-certainty-despite-challenges-for-pharma_58279.html
January 23, 2014
BioAmber (Minneapolis) today announced it has signed a take-or-pay contract for biobased 1,4-butanediol (BDO) with global chemical trader Vinmar International. Under the terms of the...
http://www.chemweek.com/regions/north_america/us/Vinmar-signs-BDO-offtake-agreement-with-BioAmber_58200.html
January 23, 2014
Platform Specialty Products, which acquired specialty chemical maker MacDermid (Denver) for $1.8 billion late last year, is expected to start Big Board trading today....
http://www.chemweek.com/regions/north_america/us/Platform-Specialty-Products-begins-NYSE-trading_58224.html
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