IHS Chemical Week

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November 12, 2014
Adama Agricultural Solutions, the leading off-patent crop protection company, has announced the commencement of marketing of its initial public offering of shares, which are expected...
http://www.chemweek.com/regions/north_america/us/Adama-proceeds-with-plans-to-list-on-New-York-Stock-Exchange_65308.html
November 12, 2014
Platform Specialty Products has priced its 2.145-million share public stock offer, which was announced on Monday, at $24.50/share. The company expects to generate about $350 million in...
http://www.chemweek.com/regions/north_america/us/Platform-prices-stock-offer_65327.html
November 12, 2014
Indorama Ventures (Bangkok), a major producer of polyester, plans to further back integrate to ethylene production and is in discussions with partners to build a greenfield ethylene...
http://www.chemweek.com/regions/north_america/us/Indorama-plans-shale-cracker-JV-in-the-US-another-MEG-plant_65314.html
November 11, 2014
OCI Partners (Nederland, TX) reports third-quarter income of $19 million, down 21% year-over-year (YOY) from $24 million. Sales totaled $90 million, down 6% YOY from $96 million. The company cites lower ammonia production and lower methanol prices....
http://www.chemweek.com/regions/north_america/us/OCI-Partners-earnings-down-21-percent-YOY-on-volume-costs_65301.html
November 11, 2014
Monsanto, Sumitomo Chemical, and Sumitomo’s wholly owned subsidiary Valent USA (Walnut Creek, CA) have agreed to extend their strategic partnership in Monsanto’s Roundup...
http://www.chemweek.com/regions/north_america/us/Sumitomo-Chemical-and-Monsanto-extend-crop-protection-collaboration_65282.html
November 11, 2014
CB&I announced today that it has been awarded a contract valued in excess of $40 million by Coffeyville Resources Refining & Marketing. The project scope includes the...
http://www.chemweek.com/regions/north_america/us/CB-and-I-awarded-hydrogen-plant-contract-in-Kansas_65289.html
November 10, 2014
ACC president Cal Dooley says the midterm elections provide a more favorable policy environment for US chemical makers to carry out US growth and investment plans....
http://www.chemweek.com/regions/north_america/us/ACC-expresses-optimism-on-post-election-TSCA-trade-prospects_65264.html
November 10, 2014
Momentive Specialty Chemicals (MSC) today reported third-quarter Ebitda up 4% year-on-year (YOY), to $125 million, on revenues up 8%, to $1.35 billion. The increases were mostly due to...
http://www.chemweek.com/regions/north_america/us/Momentive-Specialty-Chemicals-reports-earnings-increase_65277.html
November 10, 2014
Dow Chemical says it will appeal a polyurethanes price-fixing class-action judgment to the US Supreme Court. In September, the US Court of Appeals for the Tenth Circuit affirmed a jury verdict awarding the plaintiffs $1.06 billion. Dow asked the court to rehear the case, but on 7 November, the court turned the company down....
http://www.chemweek.com/regions/north_america/us/Dow-to-appeal-polyurethanes-decision-to-US-Supreme-Court_65261.html
November 10, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) says it has begun the process of restarting the ethylene plant at its Port Arthur, TX, facility. The company expects the plant to be running at full capacity by the end of the year....
http://www.chemweek.com/regions/north_america/us/CPChem-restarts-Port-Arthur-TX-ethylene-plant_65276.html
November 10, 2014
Platform Specialty Products today commended a $350-million stock offering, the proceeds of which will help fund the $3.5-billion acquisition of Arysta Life Sciences. The offering is...
http://www.chemweek.com/regions/north_america/us/Platform-to-sell-shares-to-fund-Arysta-acquisition_65263.html
November 10, 2014
Advanced Emissions Solutions (ADA-ES; Highlands Ranch, CO) is retaining investment bank Moelis & Company (New York) to advise on options for the use of future cash flows stemming...
http://www.chemweek.com/regions/north_america/us/ADA-ES-retains-banker-to-advise-on-cash-flow-options_65262.html
November 10, 2014
Virent (Madison, WI) and the PlantPET Technology Collaborative (PTC) have announced that they have signed an expression of interest that provides individual members of the PTC an...
http://www.chemweek.com/regions/north_america/us/Virent-PlantPET-Technology-Collaborative-sign-expression-of-interest-on-plant-based-p-xylene_65253.html
November 9, 2014
Advent International and Avista Capital Partners, two leading private equity firms with a strong healthcare focus, said on Friday that they have entered into a definitive agreement to...
http://www.chemweek.com/regions/north_america/us/UCB-divests-US-generics-business-Kremers-Urban-to-private-equity-firms-for-$1-5-billion_65242.html
November 7, 2014
Rentech Nitrogen has announced a third-quarter net loss of $3.1 million compared with a net loss of $22.3 million in the year-ago quarter on revenues down 9.8% year-on-year (YOY), to...
http://www.chemweek.com/regions/north_america/us/Rentech-Nitrogen-reports-declining-earnings_65227.html
November 7, 2014
Following formal approval by the ACC board of directors, Peter Cella, CEO of Chevron Phillips Chemical (CPChem), will become ACC's newest board officer, effective 1 January 2015, ACC...
http://www.chemweek.com/regions/north_america/us/CPChem-CEO-appointed-ACC-board-officer_65225.html
November 7, 2014
Koppers Holdings, a  producer of carbon compounds, chemicals, and treated wood products and services for the aluminum, railroad, specialty chemical, utility, rubber, concrete...
http://www.chemweek.com/regions/north_america/us/Koppers-names-new-CEO_65224.html
November 7, 2014
Flint Hills Resources (Wichita, KS) plans to close its 85,000-m.t./year Marysville, MI, polypropylene (PP) plant in July 2015. Production will be shifted to the company's Longview, TX, facility, which has two PP plants totaling over 300,000 m.t./year of capacity....
http://www.chemweek.com/regions/north_america/us/Flint-Hills-to-close-Marysville-MI-polypropylene-plant-in-July-Updated_65231.html
November 7, 2014
Appvion (Appleton, WI) says it has launched the first thermal receipt paper using vitamin C. Thermal paper is a paper coated with a reactive layer that changes color when exposed to...
http://www.chemweek.com/regions/north_america/us/Appvion-launches-thermal-paper-using-vitamin-C-rather-than-BPA_65220.html
November 7, 2014
LSB Industries (Oklahoma City) reports a net loss of $3.8 million for the third quarter versus income of $10.3 million in the year-ago period. Sales of $171 million were down 3% year-o-year (YOY) from $177 million. Diluted earnings totaled a 17-ct loss per share....
http://www.chemweek.com/regions/north_america/us/LSB-Industries-reports-$3-8-million-loss-on-maintenance-raw-material-costs_65229.html
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