IHS Chemical Week

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May 20, 2015
Scotts Miracle-Gro has agreed to pay Monsanto $300 million to extend a long-term Roundup brand license for the lawn and garden consumer market, Monsanto announced today. Scotts...
http://www.chemweek.com/regions/north_america/us/Scotts-Miracle-Gro-pays-$300-million-to-extend-Roundup-license_70524.html
May 20, 2015
Sekisui Chemical (Tokyo) says that its Sekisui Polymer Innovations (SPI; Bloomsburg, PA) subsidiary has decided to establish a new plant to produce polyvinyl chloride (PVC) sheets, at...
http://www.chemweek.com/regions/north_america/us/Sekisui-Chemical-to-build-PVC-sheet-facility-in-Pennsylvania_70516.html
May 20, 2015
OCI (Amsterdam), a global producer of fertilizers and methanol, in its trading update on Wednesday said that first quarter 2015 revenue was lower than in the same period last year...
http://www.chemweek.com/regions/north_america/us/OCI-reports-lower-sales-and-production-volumes-due-to-plant-upgrades-gas-shortages_70512.html
May 19, 2015
The US benzene market may hit a floor this week, according to IHS Chemical analysts, as spot prices have moved well below the $2.50/galmark on the back of ongoing styrene turnarounds...
http://www.chemweek.com/regions/north_america/us/US-benzene-market-looking-for-a-floor-amid-supply-glut_70506.html
May 19, 2015
LyondellBasell has named Daniel Coombs executive v.p./intermediates and derivatives, with additional responsibility for supply chain, procurement, and technology, effective 29 May. He will replace Pat Quarles, who is leaving to take a leadership position at an unidentified “major US company."...
http://www.chemweek.com/regions/north_america/us/LyondellBasell-taps-CPChem-executive-to-lead-intermediates-and-derivatives_70497.html
May 19, 2015
Agricultural chemical firm Nufarm's wholly owned seed and traits subsidiary says it has partnered with Legend Seeds (De Smet, SD), the largest independent seed company in the...
http://www.chemweek.com/regions/north_america/us/Nufarm-subsidiary-and-Legend-Seeds-partner-in-US_70488.html
May 18, 2015
A. Schulman says that it has expanded its polyethylene terephthalate (PET) compounding capacity by adding a production line at the masterbatch plant at Bornem, Belgium. The added PET...
http://www.chemweek.com/regions/north_america/us/Schulman-completes-PET-masterbatch-compounding-expansion-in-Belgium_69795.html
May 18, 2015
Private equity firm Arsenal Capital (New York) has announced it is selling Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm...
http://www.chemweek.com/regions/north_america/us/Arsenal-Capital-to-sell-Royal-Adhesives-to-American-Securities_69843.html
May 18, 2015
Chemours, DuPont’s performance chemicals subsidiary, says eight individuals have been selected to serve on its board of directors after the company’s planned spin-off from DuPont on 1 July. Richard Brown, formerly chair and CEO of Electronic Data Systems (EDS) and a member of DuPont’s board during 2001–15, will chair the board, The other board members will be Curtis Anastasio, Bradley Bell, Mary Cranston, Curtis Crawford, Dawn Farrell, Stephen Newlin, and Mark Vergnano....
http://www.chemweek.com/regions/north_america/us/Chemours-names-board-to-serve-after-spin-off-from-DuPont_70470.html
May 18, 2015
CF Industries (Deerfield, IL) says its board of directors has declared a five-for-one split of the company’s common stock in the form of a stock dividend. The split will be the company’s first since its IPO in 2005. Stockholders will receive four additional shares for each share of common stock they own on 17 June....
http://www.chemweek.com/regions/north_america/us/CF-declares-five-for-one-stock-split_70466.html
May 18, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest and one of Asia’s fastest-growing petrochemical players, tells CW that it will invest about $1 billion in a...
http://www.chemweek.com/regions/north_america/us/PTTGC-to-build-PO-polyols-complex-in-Thailand-details-US-ethane-cracker-plans_70462.html
May 18, 2015
The United States has seen benzene derivative exports moving to Europe with cumene and cyclohexane this week, as operational issues in that region have left producers looking to cover...
http://www.chemweek.com/regions/north_america/us/US-benzene-derivative-exports-move-to-EU-amid-production-issues_70450.html
May 15, 2015
DuPont this morning won its proxy battle with activist hedge fund Trian Fund Management (New York), as all four of the company's director nominees were re-elected to its board, company...
http://www.chemweek.com/regions/north_america/us/DuPont-wins-proxy-battle-with-Trian-update_70376.html
May 15, 2015
North America's styrene market is expected to be oversupplied in the second half of 2015 as styrene plant turnarounds come to an end in June, according to IHS Chemical director David...
http://www.chemweek.com/regions/north_america/us/North-Americas-styrene-market-expected-to-swing-to-oversupply-in-second-half-of-2015_70439.html
May 15, 2015
The Occupational Health and Safety Administration (OSHA) has cited DuPont for 11 safety violations and fined the company $99,000 after investigating a methyl mercaptan leak that killed four employees at DuPont’s La Porte, TX, facility in November 2014....
http://www.chemweek.com/regions/north_america/us/DuPont-fined-$99000-for-fatal-La-Porte-mercaptan-release_70440.html
May 15, 2015
Cefic and the American Chamber of Commerce to the European Union (AmCham EU; Brussels) hosted a joint event this week on the Transatlantic Trade and Investment Partnership (TTIP), the...
http://www.chemweek.com/regions/north_america/us/Cefic-EU-and-US-industry-have-a-responsibility-to-speak-up-in-support-of-TTIP_70434.html
May 15, 2015
Speculation is growing that Monsanto could soon return with a sweetened offer for Syngenta after lining up buyers for large parts of Syngenta’s seeds business, especially in...
http://www.chemweek.com/regions/north_america/us/Reports-Monsanto-seeks-buyers-for-Syngentas-US-seeds-business-to-meet-antitrust-concerns_70432.html
May 15, 2015
Invista said this week that the force majeure on adiponitrile (ADN) and hexamethylene diamine (HMD) was still in effect, as its Victoria, TX, facility was still in the process of...
http://www.chemweek.com/regions/north_america/us/Invista-force-majeure-still-in-place-at-Texas-ADN-plant_70423.html
May 14, 2015
Williams (Tulsa, OK) is to acquire Williams Partners in an all-stock-for-unit transaction valued at $13.8 billion. The two companies expect the deal to close in the fall of 2015 after regulatory and shareholder approval. Williams Partners will become a wholly owned subsidiary of Williams....
http://www.chemweek.com/regions/north_america/us/Williams-Williams-Partners-to-merge-in-$13-8-billion-deal_70410.html
May 14, 2015
Albemarle says that its Chemetall surface treatment business unit has acquired the business of Chemal (Hamm, Germany). Chemal, which was founded in 1975, specializes in research and...
http://www.chemweek.com/regions/north_america/us/Albemarles-Chemetall-unit-acquires-aluminum-finishing-business-in-Germany_70408.html
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