IHS Chemical Week

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May 1, 2014
Nova Chemicals CEO Randy Woelfel has left the company after failing to reach agreement on a contract extension, a company official says....
http://www.chemweek.com/regions/north_america/us/Nova-Chemicals-CEO-exits-after-failing-to-reach-agreement-on-contract_60746.html
May 1, 2014
Enterprise Products Partners (Houston) reports record first-quarter net income of $807 million, up 6.9% year-over-year (YOY) on gains in services related to natural gas, offset by petrochemicals and services related to crude oil and refined products. Sales totaled $12.9 billion, up 13.4% YOY....
http://www.chemweek.com/regions/north_america/us/Enterprise-earnings-up-6-9-percent-on-gains-from-new-assets_60732.html
May 1, 2014
Airgas today reported earnings for the quarter ended 31 March of $88.3 million, up 2% year-on-year (YOY) on sales flat at $1.27 billion. Earnings per share of $1.17/share fell below...
http://www.chemweek.com/regions/north_america/us/Airgas-reports-flat-sales-on-sluggish-conditions_60733.html
May 1, 2014
PolyOne today reported first-quarter net income of $29.4 million, or 31 cts/share, up 93.4% year-on-year (YOY), on sales up 25%, to $1 billion. Adjusted earnings totaled 44 cts/share...
http://www.chemweek.com/regions/north_america/us/PolyOne-earnings-rise-on-Spartech-synergies_60736.html
May 1, 2014
CHS (St. Paul, MN), North America's leading farmer-owned cooperative and a global energy, grains, and foods company, said on Wednesday that it has signed an agreement with Sinav...
http://www.chemweek.com/regions/north_america/us/CHS-to-acquire-Illinois-River-Energy-ethanol-plant_60719.html
May 1, 2014
Sasol Chemicals (USA) and Boardwalk Louisiana Midstream (BLM), a unit of Boardwalk Pipeline Partners, have signed long-term ethane and ethylene storage and transportation agreements...
http://www.chemweek.com/regions/north_america/us/Sasol-signs-storage-transportation-agreements-with-Boardwalk-Louisiana-Midstream_60718.html
May 1, 2014
Aceto (Port Washington, NY) says that its wholly owned subsidiary Rising Pharmaceuticals (Allendale, NJ) has completed the previously announced acquisition of Pack Pharmaceuticals...
http://www.chemweek.com/regions/north_america/us/Aceto-completes-acquisition-of-Pack-Pharmaceuticals_60716.html
April 30, 2014
Dow Chemical said on Wednesday that its ethylene production facilities at Plaquemine, LA experienced two separate process incidents during the week of 20 April. The incidents resulted...
http://www.chemweek.com/regions/north_america/us/Dows-Plaquemine-complex-suffers-disruption-ethylene-supply-curtailed-for-3-4-weeks_60714.html
April 30, 2014
Intrepid Potash today reported results for its first quarter 2014, including a net loss of $0.4 million, compared to a gain of $14.9 million in the first quarter 2013. Earnings per...
http://www.chemweek.com/regions/north_america/us/Intrepid-Potash-reports-net-loss-in-first-quarter_60706.html
April 30, 2014
Ashland today reported a net loss from continuing operations of $61 million, or 78 cts/share, compared with a net gain of $48 million in the year-ago quarter, on sales that were flat...
http://www.chemweek.com/regions/north_america/us/Ashland-swings-to-loss-on-restructuring-charges-adjusted-earnings-flat-YOY_60712.html
April 30, 2014
Indian specialty chemicals maker Artek Surfin (Mumbai) announced today that it has completed its acquisition of 100% of Galata Chemicals, the former PVC additives business of Chemtura...
http://www.chemweek.com/regions/north_america/us/Artek-Surfin-completes-Galata-Chemicals-buyout_60710.html
April 30, 2014
Chemtura today reported net earnings of $10 million, compared with a net loss of $18 million in the year-ago quarter, on sales up 5% year-on-year (YOY), to $556 million. Adjusted...
http://www.chemweek.com/regions/north_america/us/Chemtura-misses-estimates-on-weakness-in-bromine-and-organometallics_60708.html
April 30, 2014
Bayer has declined to comment on a Reuters report that the company plans to swap its animal health business for Merck & Co’s consumer health operations. Reuters’ ...
http://www.chemweek.com/regions/north_america/us/Bayer-to-swap-animal-health-for-Mercks-consumer-care-business-Update_60690.html
April 30, 2014
Kraton Performance Polymers (Houston) reports a first-quarter 2014 net loss of $7.9 million versus a loss of $3.7 million in the year-ago period. Sales totaled $312 million, down 8% year-on-year. Adjusted earnings of 46 cts/share came in 40% above the analysts’ consensus estimate of 33 cts/share....
http://www.chemweek.com/regions/north_america/us/Kraton-adjusted-earnings-beat-estimates-by-40-percent_60696.html
April 30, 2014
Praxair announced today that it is raising the price of argon in the United States and Puerto Rico, effective 15 May. Prices will go up as much as 20% for argon and 15% for argon...
http://www.chemweek.com/regions/north_america/us/Praxair-raises-argon-prices_60694.html
April 30, 2014
Northwest Innovation Works (NWIW) is preparing to lease a site at the Port of Tacoma, WA, for construction of a third world-scale methanol plant in the region, according to local press reports....
http://www.chemweek.com/regions/north_america/us/Reports-Chinese-firm-plans-third-world-scale-methanol-plant-for-Pacific-Northwest_60678.html
April 29, 2014
Lubricants maker Quaker Chemical today reported first-quarter net income down tk% year-on-year (YOY), to $12.7 million, or 96 cts/share, on sales up 3%, to $181.7 million. Net income...
http://www.chemweek.com/regions/north_america/us/Quaker-Chemical-earnings-fall-on-tax-impact_60679.html
April 29, 2014
Lion Copolymer (Geismar, LA) has completed an engineering study for the addition of an ethylene propylene diene monomer production line at its facility at Geismar. The company says it is also considering how to strengthen its raw materials position, including shared investment in a new ethane cracker....
http://www.chemweek.com/regions/north_america/us/Lion-Copolymer-plans-US-EPDM-expansion-considers-share-of-ethane-cracker_60677.html
April 29, 2014
Dow Corning’s first-quarter results improved markedly as stronger silicones volumes and long-term polysilicon contracts helped the Dow Chemical–Corning joint venture...
http://www.chemweek.com/regions/north_america/us/Dow-Corning-posts-higher-profits-and-sales_60666.html
April 29, 2014
SunEdison, formerly MEMC electronic materials, announced today that it has closed construction financing, underwritten by Deutsche Bank (New York), for its solar power project in Kern...
http://www.chemweek.com/regions/north_america/us/SunEdison-closes-on-financing-for-California-solar-project_60668.html
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