IHS Chemical Week

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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
April 1, 2014
The Transatlantic Trade and Investment Partnership (TTIP), currently being negotiated between the European Union and the United States, is a “remarkable, historic...
http://www.chemweek.com/regions/north_america/us/Cefics-Mandery-TTIP-an-historic-opportunity-but-regulatory-divide-must-be-addressed_59973.html
April 1, 2014
Butadiene demand growth is expected to outpace crude C4 production over the 2013-18 period, marking a return to more "historically typical market conditions," said Bill Hyde...
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2014-Butadiene-demand-to-outpace-supply-in-2013-18_59964.html
March 31, 2014
Magellan Midstream Partners announced on Monday that it plans to construct a condensate splitter at its Corpus Christi, TX terminal under a fee-based, take-or-pay agreement with...
http://www.chemweek.com/regions/north_america/us/Magellan-Midstream-Partners-to-build-condensate-splitter-at-Corpus-Christi_59957.html
March 31, 2014
Naphtha will remain the primary petrochemical feedstock in Asia and worldwide; production of naphtha will grow with petrochemical demand and increased running of refineries, said Kurt...
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2014-Naphtha-will-remain-the-key-feedstock-but-NGLs-continue-to-gain-ground_59930.html
March 31, 2014
Momentive Specialty Chemicals (MSC) today reported fourth-quarter revenues up 11% year-on-year (YOY), to $1.2 billion, with segment Ebitda down 6%, to $79 million. The quarterly net...
http://www.chemweek.com/regions/north_america/us/Momentive-Specialty-Chemicals-loss-widens-revenue-up_59939.html
March 31, 2014
Dow Chemical announced today that its joint venture chlor-alkali facility with Mitsui & Co. has started full-scale commercial production at Freeport, TX. The facility has capacity...
http://www.chemweek.com/regions/north_america/us/Dow-Mitsui-start-up-chlor-alkali-jv-plant_59934.html
March 31, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.3%; up 2.5% Y/Y Consumer Confidence up 4.0...
http://www.chemweek.com/regions/north_america/us/ACCs-economic-outlook-for-the-week-ended-28-March-2014_59936.html
March 31, 2014
Renewable products company Amyris (Emeryville, CA) and Kuraray have expanded and extended their ongoing collaboration in high performance polymers using Biofene, Amyris's brand of...
http://www.chemweek.com/regions/north_america/us/Amyris-and-Kuraray-expand-collaboration-in-farnesene-based-polymers_59929.html
March 28, 2014
The United States will probably gain at least three new ethylene oxide/ethylene glycol facilities by 2018, says Tison Keel, director/ethylene oxide and derivatives at IHS Chemical. Although very little new capacity has been announced, favorable economics and ample feedstock make a strong case for investment, he says....
http://www.chemweek.com/regions/north_america/us/IHS-WPC-Three-new-EG-plants-in-US-likely-by-2018_59906.html
March 28, 2014
Compared to one year ago, there are more reasons to be optimistic about the economic outlook in the developed nations, particularly the United States, says Nariman Behravesh, chief economist at IHS. However, the outlook for the developing nations, notably China, has gotten worse. “China is an accident waiting to happen,” he says....
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2014-Advanced-economies-accelerate-as-growth-slows-in-developing-nations_59862.html
March 28, 2014
US exports of polyethylene, polypropylene, and para-xylene, three of the largest primary petrochemical products, could double by 2025 thanks to shale gas, ExxonMobil Chemical president Stephen Pryor told attendees in the keynote address at the IHS Chemical World Petrochemical Conference at Houston on Wednesday....
http://www.chemweek.com/regions/north_america/us/IHS-WPC-2014-US-exports-of-key-petrochemicals-could-double-by-2025-ExxonMobil-says_59887.html
March 28, 2014
International Flavors & Fragrances (IFF) says it is realigning responsibilities under Nicolas Mirzayantz, president/fragrances, effective 1 April. The change includes creation of a...
http://www.chemweek.com/regions/north_america/us/IFF-makes-organization-changes-in-fragrances-business-unit_59903.html
March 28, 2014
ExxonMobil Chemical announced today that it has opened a new manufacturing facility at its to produce up to 50,000 m.t./year of its SpectraSyn Elite–brand metallocene...
http://www.chemweek.com/regions/north_america/us/ExxonMobil-opens-metallocene-polyalpha-olefin-facility-at-Baytown_59905.html
March 28, 2014
Momentive Performance Materials says that Jack Boss will be joining the company as president/silicones and quartz, effective 31 March. Boss will be responsible for leading the...
http://www.chemweek.com/regions/north_america/us/Momentive-appoints-presidentsilicones-and-quartz_59895.html
March 27, 2014
H.B. Fuller today reported fiscal first-quarter net income down 29.4% year-on-year (YOY), to $24.6 million, or 28 cts/share, on revenues up 1.3%, to $486 million. Higher volume...
http://www.chemweek.com/regions/north_america/us/Fuller-net-income-falls-despite-revenue-increase_59876.html
March 27, 2014
Aceto (Port Washington, NY) says that its wholly owned subsidiary Rising Pharmaceuticals (Allendale, NJ) has signed a definitive purchase agreement to acquire Pack Pharmaceuticals...
http://www.chemweek.com/regions/north_america/us/Aceto-to-acquire-Pack-Pharmaceuticals-for-$100-million_59873.html
March 27, 2014
LanzaTech (Roselle, IL), a company developing technology to convert waste gas streams into low-carbon liquid fuels and chemicals, says it has raised $60-million in a series D funding...
http://www.chemweek.com/regions/north_america/us/LanzaTech-raises-$60-million-in-Series-D-round_59880.html
March 27, 2014
Airgas says that Andrew Cichocki president of Airgas’s USA distribution division, effective 1 April. Cichocki is currently a member of Airgas’s management committee, and he...
http://www.chemweek.com/regions/north_america/us/Airgas-US-distribution-names-new-president_59844.html
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