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December 19, 2014
Berkshire Hathaway (Omaha, NE) has acquired Charter Brokerage (New York), a provider of trade services and customs drawback logistics to the oil and chemical industries, from private...
http://www.chemweek.com/sections/business_finance/usa_americas/Berkshire-Hathaway-buys-services-firm-from-Arsenal_66336.html
December 19, 2014
Sherwin-Williams (SW) on 12 December narrowed its full-year adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are...
http://www.chemweek.com/sections/business_finance/usa_americas/Sherwin-Williams-narrows-guidance-details-Lowes-deal_66337.html
December 19, 2014
Canada’s producers of industrial chemicals are projecting a slight decline in sales volumes and profits in 2015 but a 30% increase in capital investment, according to a survey of...
http://www.chemweek.com/sections/business_finance/usa_americas/Canadian-producers-project-record-sales-for-2014-slight-decline-in-2015_66325.html
December 19, 2014
Enterprise Products Partners (Houston) has started a binding open season for a proposed expansion of the portion of its Panola Pipeline natural gas liquids (NGLs) system between...
http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-seeks-shippers-for-Panola-NGL-pipeline-expansion_66326.html
December 19, 2014
US ethylene prices continued to weaken the week ended 19 December despite production issues at Chevron Phillips Chemical’s (CPChem) Sweeny complex in Old Ocean, TX; and Dow...
http://www.chemweek.com/sections/business_finance/usa_americas/Production-issues-fail-to-lift-US-ethylene-prices_66327.html
December 19, 2014
Olin plans to close permanently the portion of the company’s Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66329.html
December 19, 2014
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Select Chemicals Ltd. (Yorktown, TX), a maker of production chemicals for oil and gas operations in...
http://www.chemweek.com/sections/business_finance/usa_americas/WadeCo-acquires-oil-production-chemicals-maker_66330.html
December 19, 2014
MEGlobal (Dubai) has launched a front-end engineering design (FEED) study for construction of a world-scale ethylene glycol (EG) plant on the US Gulf coast. The plant is expected to...
http://www.chemweek.com/sections/business_finance/usa_americas/MEGlobal-studies-world-scale-ethylene-glycol-project-in-US_66331.html
December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/sections/business_finance/usa_americas/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
December 12, 2014
US chemical output is set to accelerate sharply through the end of the decade, exceeding the growth of the overall US and global economies, aided by a strong cost advantage and...
http://www.chemweek.com/sections/business_finance/usa_americas/US-Europe-chemical-outlooks-diverge-widely-for-2015_66121.html
December 12, 2014
The US Bankruptcy Court in Delaware has approved the restructuring plan for RPM’s Bondex subsidiary, a maker of pigments, metal coatings, cleaning products, and a variety of...
http://www.chemweek.com/sections/business_finance/usa_americas/Court-approves-restructuring-plan-for-RPMs-Bondex-business_66130.html
December 12, 2014
Both Eastman and Ecolab have announced increases to quarterly dividend payments. Eastman says its board has approved a quarterly cash dividend increase of 14%, to 40 cts/share, on the...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-and-Ecolab-increase-dividends_66111.html
December 12, 2014
Vertellus (Indianapolis), a leading producer of specialty chemicals for the life sciences sector and other industrial applications, has signed a definitive agreement to acquire the...
http://www.chemweek.com/sections/business_finance/usa_americas/Vertellus-to-acquire-Dows-sodium-borohydride-business_66112.html
December 12, 2014
The New Zealand Superannuation Fund (NZ Super Fund) has made a $60-million equity investment in LanzaTech (Chicago) as part of a D-series round of funding that has raised $112.6 for...
http://www.chemweek.com/sections/business_finance/usa_americas/New-Zealand-invests-$60-million-in-LanzaTech_66113.html
December 12, 2014
The United States is an important growth market for BASF and other German manufacturers, according to 2015’s German American Business Outlook (GABO), a survey of German firms...
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-CFO-United-States-is-a-stable-growth-environment_66124.html
December 12, 2014
Monsanto says its agriculture analytics division Climate Corp. (San Francisco) has acquired 640 Labs, an agricultural technology start-up based in Chicago. Financial terms have not...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-acquires-Chicago-precision-ag-start-up_66125.html
December 12, 2014
Solvay has announced that it is acquiring Dhaymers (Taboão da Serra, Brazil), a producer of specialty esters. With the acquisition, Solvay enters the skin-care market and expands its presence in the industrial lubricants and mining industries in Latin America....
http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-acquires-specialty-esters-producer-in-Brazil_66126.html
December 12, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has completed installing a 10th furnace in ethylene unit 33 at its Sweeny complex in Old Ocean, TX. The company expects the new...
http://www.chemweek.com/sections/business_finance/usa_americas/Chevron-Phillips-completes-Sweeny-ethylene-expansion_66127.html
December 12, 2014
Air Liquide held a groundbreaking ceremony on 8 December for a new air separation unit (ASU) that will produce oxygen, nitrogen, and argon at its production facility at Port Neches...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Liquide-breaks-ground-on-Port-Neches-ASU_66128.html
December 12, 2014
Sherwin-Williams (SW) announced on 10 December that it will supply paint to Lowe’s, the US building-supply retailer, under a program called HGTV Home. Products under that brand...
http://www.chemweek.com/sections/business_finance/usa_americas/Sherwin-Williams-wins-architectural-paints-deal-at-Lowes_66129.html
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