IHS Chemical Week

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November 5, 2014
Axiall (Atlanta) says lower electrochemical unit values and higher ethylene costs cut into third-quarter volume gains. Net income totaled $44.5 million, up 6% year-on-year (YOY) from $39.0 million. Net sales also increased 6% YOY, to $1.27 billion, from $1.20 billion. Adjusted earnings per share of 72 cts were well ahead of analysts’ consensus estimate of 60 cts, compiled by Thomson Reuters....
http://www.chemweek.com/regions/north_america/us/Axiall-increases-income-6-percent-beats-estimates_65139.html
November 5, 2014
Platform Specialty Products today reported third-quarter net income down 11.9% year-on-year (YOY), to $11.9 million, on sales up 4.4% YOY, to $196.8 million. Adjusted net...
http://www.chemweek.com/regions/north_america/us/Platform-Specialty-earnings-beat-estimates_65143.html
November 5, 2014

OCI Resources (Atlanta), the majority-owned US soda ash operation of OCI (Seoul), reports net income for the third quarter of $21.6 million, up 55% year-on-year (YOY) from $13.9 million. Net sales increased by 4.0% YOY, to $109.8 million. Earnings per share of 52 cts fell shy of analysts’ consensus estimate of 54 cts/share, compiled by Thomson Reuters.

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http://www.chemweek.com/regions/north_america/us/OCI-Resources-quarterly-sales-income-gain-on-international-soda-ash-prices_65142.html
November 5, 2014
Rockwood today reported third-quarter net income from continuing operations of $54.4 million, a nearly sevenfold year-on-year (YOY) increase, on sales up 3%, to $356.3 million...
http://www.chemweek.com/regions/north_america/us/Rockwood-beats-estimates-on-solid-surface-treatment-results_65141.html
November 5, 2014
AMEC (London) said today that it has extended its offer to acquire fellow engineering and construction firm Foster Wheeler until 12 November. The offer has been extended to provide...
http://www.chemweek.com/regions/north_america/us/AMEC-extends-offer-to-buy-Foster-Wheeler-new-company-to-be-named-Amec-Foster-Wheeler_65132.html
November 5, 2014
Pioneer Natural Resources (Dallas) said on Tuesday that it plans to divest its 50.1% share in Eagle Ford Shale Midstream (EFS Midstream) business, a joint venture in which Reliance...
http://www.chemweek.com/regions/north_america/us/Pioneer-Reliance-to-divest-Eagle-Ford-Shale-Midstream-joint-venture_65129.html
November 5, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, reports a net loss of $4.56 million in the third quarter of 2014 compared...
http://www.chemweek.com/regions/north_america/us/Codexis-narrows-loss_65125.html
November 4, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, says it has appointed Pam Cheng to its board of directors. Cheng is a...
http://www.chemweek.com/regions/north_america/us/Codexis-appoints-new-board-member_65081.html
November 4, 2014
KBR (Houston) says that it has signed an agreement with engineering and construction firm Chiyoda (Yokohama, Japan) to license its CT-Acetica technology. Chiyoda developed the...
http://www.chemweek.com/regions/north_america/us/KBR-signs-acetic-acid-technology-alliance-with-Chiyoda_65079.html
November 4, 2014
Albemarle says it is expanding capacity for production of liquid curatives at its site in Pasadena, TX. The expansion will support liquid curatives used in polyureas, urethanes and...
http://www.chemweek.com/regions/north_america/us/Albemarle-to-expand-liquid-curative-production_65109.html
November 4, 2014
The Sierrita Pipeline in Arizona, which interconnects via a new border crossing with a new natural gas pipeline in Mexico, has begun service, Kinder Morgan announced. The pipeline...
http://www.chemweek.com/regions/north_america/us/Kinder-Morgan-partnership-completes-US-Mexico-border-gas-pipeline_65100.html
November 4, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) is studying a 10,000-m.t./year expansion of low-viscosity polyalphaolefins (PAO) capacity at its Cedar Bayou plant at Baytown, TX, from 48,000 m.t./year. CPChem says it will seek final project approval in the second quarter of 2015, with project completion targeted for 2016....
http://www.chemweek.com/regions/north_america/us/CPChem-plans-expansion-of-PAO-capacity-at-Cedar-Bayou_65104.html
November 4, 2014
Income benefited primarily from improved olefins and vinyls integrated product margins, the result of higher sales prices for most major products and lower overall feedstock costs. However, unplanned outages at Westlake’s Calvert City and Geismar complexes cut into sales and lowered operating rates, and the acquisition of Vinnolit and the formation of Westlake Partners increased costs....
http://www.chemweek.com/regions/north_america/us/Westlake-income-down-1-percent-beats-analyst-estimate_65101.html
November 4, 2014
IFF today reported third-quarter net earnings up 8% year-on-year (YOY), to $107.4 million, on sales up 4%, to $773.8 million. Earnings totaled $1.32/share, matching analysts’...
http://www.chemweek.com/regions/north_america/us/IFF-earnings-rise-on-solid-fragrances-results_65107.html
November 4, 2014
CB&I said today that it has been awarded a contract renewal valued at more than $48 million by an undisclosed leading manufacturer of synthetic rubber for long-term maintenance...
http://www.chemweek.com/regions/north_america/us/CB-and-I-renews-maintenance-contract-with-synthetic-rubber-producer_65098.html
November 4, 2014
CRACKING US ETHANE: Grangemouth with Dragon shale gas carrier Ineos Olefins & Polymers Europe said today that it has reached an agreement with Evergas to order an additional two...
http://www.chemweek.com/regions/north_america/us/Ineos-orders-two-more-vessels-to-ship-US-ethane-to-its-European-crackers_65089.html
November 3, 2014
Chemtura has closed the sale of its agricultural chemical business to Platform Specialty Products for $1 billion. The deal, announced in April, leaves Chemtura focused on its...
http://www.chemweek.com/regions/north_america/us/Chemtura-closes-agchems-divestiture_65075.html
November 3, 2014
Praxair says it will further expand liquid and gaseous nitrogen supply and storage at the company’s Kirtland, NM industrial gases facilities over the next two years. The...
http://www.chemweek.com/regions/north_america/us/Praxair-plans-New-Mexico-nitrogen-expansion_65073.html
November 3, 2014
Executives at Boardwalk Pipeline Partners (Houston), the new operator of the Evangeline ethylene pipeline—expected to be offstream through this month and possibly into...
http://www.chemweek.com/regions/north_america/us/Boardwalk-Pipeline-Revenue-impact-of-Evangeline-ethylene-pipe-leak-not-material_65059.html
November 3, 2014
Cabot says it has opened a new lignite coal mine that will supply the company's activated carbon production at Marshall, TX. The mine, which is operated by North American Coal (Dallas)...
http://www.chemweek.com/regions/north_america/us/Cabot-opens-new-mine-for-activated-carbon-production-in-Texas_65070.html
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