IHS Chemical Week

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November 6, 2014
Koppers Holdings (Pittsburgh) reports a third-quarter net loss of $2.7 million, versus income of $19.1 million in the year-ago quarter. Sales totaled $440 million, up 11% year-over-year (YOY) from $395 million. Adjusted earnings per share of 60 cents fell short of analysts’ consensus estimate of 66 cts/share compiled by Thomson Reuters....
http://www.chemweek.com/regions/north_america/us/Koppers-reports-loss-of-$2-7-million_65193.html
November 6, 2014
Taminco today reported net income that rose nearly fivefold year-on-year (YOY), to $29 million, or 43 cts/share, on sales up 22%, to $369 million. Earnings easily beat analysts’...
http://www.chemweek.com/regions/north_america/us/Taminco-beats-estimates-on-higher-sales_65194.html
November 6, 2014
Sunoco Logistics has concluded open season for the company's $2.5-billion Mariner East 2 pipeline project. The pipeline will carry natural gas liquids (NGLs) from the Marcellus and Utica shale basins to the company’s Marcus Hook, PA complex. The company also says it is developing the addition of an “NGL manufacturing complex” at Marcus Hook that would include a propane dehydrogenation (PDH) plant....
http://www.chemweek.com/regions/north_america/us/Sunoco-Logistics-moves-forward-on-Mariner-2-pipeline-plans-propane-dehydro-plant-at-Marcus-Hook_65191.html
November 6, 2014
Tronox today reported its third quarter results, indicating weakness in the titanium slag market. The company reported a net loss of $93 million, down from a net loss of $49 million in...
http://www.chemweek.com/regions/north_america/us/Tronox-reports-net-loss-on-weak-titanium-slag-market_65192.html
November 6, 2014
Appalachian Biofuels (Russell County, VA) will invest $3.5 million to establish its headquarters and an enzymatic biodiesel production facility in Russell County. Appalachian Biofuels...
http://www.chemweek.com/regions/north_america/us/Start-up-to-invest-$3-5-million-for-enzymatic-biodiesel-project-in-Virginia_65182.html
November 5, 2014
Juan Luciano. Archer Daniels Midland (ADM; Chicago) says that Juan Luciano has been named the company’s next CEO, effective 1 January 2015. Luciano will succeed Patricia Woertz...
http://www.chemweek.com/regions/north_america/us/ADM-appoints-new-CEO_65163.html
November 5, 2014
Kinder Morgan has bought two Jones Act tankers from Crowley Maritime for about $270 million. The deal brings Kinder Morgan’s tanker fleet to seven vessels....
http://www.chemweek.com/regions/north_america/us/Kinder-Morgan-buys-two-more-Jones-Act-tankers-for-$270-million_65154.html
November 5, 2014
Ashland today reported fiscal fourth-quarter net loss of $26 million, compared with a profit of $336 million in the year-ago quarter, on sales up 5% year-on-year, to $1.5 billion...
http://www.chemweek.com/regions/north_america/us/Ashland-beats-estimates-on-solid-specialties-Valvoline-results_65160.html
November 5, 2014
CF Industries today reported its third quarter results, indicating an increase in nitrogen revenues and higher costs. Net income of $130.9 million dropped 44% year-over-year (YOY) with...
http://www.chemweek.com/regions/north_america/us/CF-Industries-reports-44-percent-net-income-drop_65158.html
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
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