IHS Chemical Week

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April 4, 2014
Balchem says it has agreed to acquire SensoryEffects (St. Louis), a privately-held maker of food and beverage ingredients, for $567 million. SensoryEffects’ 2014 revenues should...
http://www.chemweek.com/regions/north_america/us/Balchem-to-acquire-food-ingredients-maker-SensoryEffects_59971.html
April 4, 2014
 Soybean sales and margin expansion lifted Monsanto's second-quarter results above expectations, and the company reaffirmed its fiscal 2014 guidance of mid-teens earnings growth...
http://www.chemweek.com/regions/north_america/us/Monsanto-tops-estimates-on-strong-soybean-results_60007.html
April 4, 2014
Momentive Performance Materials (MPM; Albany, NY), the silicones and quartz subsidiary of Momentive, is considering a bankruptcy filing as part of negotiations to reduce debt. “As part of this process, a filing under Chapter 11 of the US Bankruptcy Code may provide the most expeditious manner in which to effect a plan of reorganization,” MPM said in a regulatory filing....
http://www.chemweek.com/regions/north_america/us/Momentive-Performance-Materials-considers-bankruptcy-filing_60055.html
April 4, 2014
Celanese is exploring plans to construct a 1.3-million m.t./year methanol production unit at its Bishop, TX site. The company says it is preparing necessary environmental permits for the unit....
http://www.chemweek.com/regions/north_america/us/Celanese-eyes-second-US-methanol-plant_59938.html
April 4, 2014
Sherwin-Williams (SW) announced today that it is terminating its agreement to acquire Mexican paint supplier Comex, which has run into antitrust issues in Mexico. SW has already...
http://www.chemweek.com/regions/north_america/us/Sherwin-Williams-terminates-Comex-Mexico-acquisition_60120.html
April 4, 2014
Renewable products company Amyris (Emeryville, CA) says it is making initial quantities of its biobased farnesene available to a broader audience. The product is being sold online at...
http://www.chemweek.com/regions/north_america/us/Amyris-starts-selling-biobased-farnesene-online_60113.html
April 4, 2014
Praxair says that it is building a steam methane reformer to increase the supply of hydrogen for its liquid hydrogen plant at Niagara Falls, NY. This investment will serve growing...
http://www.chemweek.com/regions/north_america/us/Praxair-to-increase-hydrogen-production-at-Niagara-Falls-NY_60104.html
April 3, 2014
Stolt-Nielsen says its net profit for the first quarter of 2014 soared to $19 million from $1 million in the corresponding period of 2013, on revenue of $517 million, down from $519...
http://www.chemweek.com/regions/north_america/us/Stolt-Nielsens-first-quarter-earnings-rise_60068.html
April 3, 2014
Sensient Technologies today said it expects first-quarter earnings to exceed analysts’ consensus of 65 cts/share. The company also said it expects to raise its full-year earnings...
http://www.chemweek.com/regions/north_america/us/Sensient-raises-earnings-guidance-trades-barbs-with-FrontFour-over-director_60059.html
April 3, 2014
U.S. Court of Appeals for the Fourth Circuit (Richmond, VA) has thrown out $920 million in damages previously awarded to DuPont in the company's Kevlar patent infringement fray with...
http://www.chemweek.com/regions/north_america/us/Court-throws-out-$920-million-Kevlar-trade-secrets-verdict_60053.html
April 3, 2014
RPM reported net income for the fiscal quarter ended 28 February of $16.2 million compared to a net loss of $42.4 million in the same year-ago quarter. Earnings of 12 cts/share were...
http://www.chemweek.com/regions/north_america/us/RPM-earnings-up-on-strength-in-industrial-segment_60051.html
April 3, 2014
Renewable products company Amyris (Emeryville, CA) says that it is entering into a collaborative research and development agreement with BASF, under which, Amyris will use its strain...
http://www.chemweek.com/regions/north_america/us/Amyris-and-BASF-sign-collaborative-research-and-development-agreement_60046.html
April 3, 2014
Cool Planet Energy Systems (Camarillo, CA) has closed its series-D financing round at the targeted $100 million, the company announced. All of the current strategic and venture...
http://www.chemweek.com/regions/north_america/us/Cool-Planet-closes-series-D-financing-round-on-target_60045.html
April 2, 2014
Repsol has licensed Chevron Phillips Chemical’s (CPChem) technology for the production of metallocene-based polyethylene resins, the two companies announced on 24 March. Repsol will implement the technology at its site in Tarragona, Spain, which already uses CPChem’s MarTECH SL loop slurry technology....
http://www.chemweek.com/regions/north_america/us/Repsol-licenses-CPChem-metallocene-technology_59799.html
April 2, 2014
BASF announced today that it has inaugurated the California Research Alliance (CARA)—a multidisciplinary research institute with emphasis on new inorganic materials and their...
http://www.chemweek.com/regions/north_america/us/BASF-launches-California-research-hub_60027.html
April 2, 2014
PPG says it has closed the sale of its 51% stake in the Transitions Optical joint venture, along with PPG’s wholly-owned sun lens business, to Essilor International (Paris), a...
http://www.chemweek.com/regions/north_america/us/PPG-closes-sale-of-share-in-Transitions-JV_59970.html
April 2, 2014
The chemical industry is as strong, vital, and essential as ever, but it has retreated from the public eye, leaving the stage to newcomers and detractors, says Frank Popoff, former CEO and chairman of Dow Chemical. If it is not to lose control of its future, he says, the chemical industry must actively engage with the public to raise awareness of its place at the forefront of technology and its role as “the ultimate enabling industry.” Popoff spoke in Houston on 31 March at the American Fuel and Petrochemical Manufacturers Association’s International Petrochemical Conference, where he was awarded the 18th Petrochemical Heritage Award....
http://www.chemweek.com/regions/north_america/us/Frank-Popoff-receives-Petrochemical-Heritage-Award-counsels-higher-industry-profile_59956.html
April 2, 2014
Omnova Solutions today reported its first quarter results, with net income of $1.2 million up compared to a loss of $0.2 million year-over-year (YOY). Earnings per share of 3...
http://www.chemweek.com/regions/north_america/us/Omnova-earnings-up-sales-down-on-winter-weather-impacts_60011.html
April 2, 2014
Praxair announced today that it has acquired Lake Welding Supply Company (Lake; Muskegon, MI), an independent gas and welding products distributor in Western Michigan. Financial terms...
http://www.chemweek.com/regions/north_america/us/Praxair-acquires-Western-Michigan-gas-distributor_60009.html
April 1, 2014
PPG announced two new executive appointments today, effective immediately. Dave Cole has been named v.p./packaging coatings and Anup Jain has been appointed v.p./specialty coatings and...
http://www.chemweek.com/regions/north_america/us/PPG-announces-executive-appointments_59978.html
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