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May 1, 2014
New technologies; an integrated approach to crop management; and harmonized, science-based regulatory regimes are necessary to help the agricultural industry meet the daunting task of feeding the world’s fast-growing and increasingly middle-class population, according to James Blome, president and CEO of BayerCropscience....
http://www.chemweek.com/sections/business_finance/usa_americas/Emerging-issues-in-agriculture-can-be-met-with-innovation_60586.html
April 25, 2014
PotashCorp reports first-quarter net income of $340 million, down 38% year-on-year (YOY). Earnings were 40 cts/share, above analyst estimates of 35 cts/share, according to Thomson...
http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-reports-earnings-drop-raises-full-year-guidance_60578.html
April 25, 2014
Specialty chemical earnings have mostly beat estimates on volume gains. Bad weather hurt W.R. Grace’s results, although the company beat analysts’ expectations. 3M’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-solid-across-various-end-markets_60579.html
April 25, 2014
The Chlorine Institute (CI) and ACC have asked the US District Court for the District of Minnesota to prevent Canadian Pacific Railway (CP) from imposing a restrictive new requirement...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-Chlorine-Institute-sue-to-stop-railroad-from-imposing-shipping-restrictions_60549.html
April 25, 2014
ACC on 22 April said its April monthly chemical activity barometer (CAB) reached its highest level since March 2008. On a three-month moving average basis, the April CAB grew 0.5% over...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-CAB-at-highest-level-since-2008_60580.html
April 25, 2014
Ashland chairman and CEO James O’Brien will retire at the end of this year, the company says. O’Brien became CEO at Ashland in 2002 and oversaw two major acquisitions...
http://www.chemweek.com/sections/business_finance/usa_americas/Ashland-CEO-to-retire-at-end-of-December_60581.html
April 25, 2014
CF Industries announced that its Woodward, OK, nitrogen complex is currently off-line because of a problem in one of the boilers. All of the plants in the complex have been safely shut...
http://www.chemweek.com/sections/business_finance/usa_americas/CF-shuts-down-nitrogen-complex-after-boiler-problem_60573.html
April 25, 2014
Five members of ACC’s Silicones Environmental, Health, and Safety Center (SEHSC) have reached an agreement with EPA on the environmental monitoring of the siloxane D4, an...
http://www.chemweek.com/sections/business_finance/usa_americas/Silicone-producers-EPA-agree-on-program-to-monitor-siloxane-D4_60575.html
April 25, 2014
Verdezyne (Carlsbad, CA) announced on 21 April that it has completed production of over one m.t. of biobased dodecanedioic acid (DDDA) using its proprietary yeast-strain biobased...
http://www.chemweek.com/sections/business_finance/usa_americas/Verdezyne-completes-biobased-monomer-production_60587.html
April 21, 2014
DuPont reports first-quarter operating earnings of $1.5 billion, up 1% year-on-year (YOY). Weak agricultural results offset gains across other segments. Operating earnings of...
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-earnings-up-1-percent-despite-revenue-slip-on-weak-ag-results_60409.html
April 17, 2014
Platform Specialty Products (Miami) has entered into a definitive agreement to acquire Chemtura’s pesticides business for $1 billion. The price consists of $950 million in cash plus 2 million shares of Platform common stock....
http://www.chemweek.com/sections/business_finance/usa_americas/Platform-acquires-Chemturas-agchems-business-for-$1-billion_60408.html
April 17, 2014
BioConsortia (Davis, CA), an agricultural biotechnology company that discovers and develops microbial consortia for crop improvement, has raised $15 million in its Series B funding round. Khosla Ventures (Menlo Park, CA), an existing investor; and new investor Otter Capital (Palo Alto, CA) participated equally....
http://www.chemweek.com/sections/business_finance/usa_americas/Ag-biotech-firm-BioConsortia-raises-$15-million-in-funding_60388.html
April 17, 2014
PotashCorp says that its board has appointed Jochen Tilk as president and CEO, effective 1 July. He succeeds Bill Doyle, who will remain a senior adviser with the company through June...
http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-names-next-CEO_60389.html
April 17, 2014
Linde has completed construction of a 575-m.t./day nitrogen liquefier at its Delta, OH, air separation plant to support increased demand in the Ohio and Midwestern markets, the company...
http://www.chemweek.com/sections/business_finance/usa_americas/Linde-brings-nitrogen-liquefier-online-at-Ohio-plant_60412.html
April 17, 2014
The latest report by the Intergovernmental Panel on Climate Change (IPCC; Geneva) shows that worldwide emissions of greenhouse gases have risen to unprecedented levels despite a growing number of policies to reduce climate change....
http://www.chemweek.com/sections/business_finance/usa_americas/Latest-IPCC-report-Rise-in-GHG-emissions-must-stop_60413.html
April 17, 2014
Axiall (Atlanta, GA) has restarted a Lake Charles, LA, vinyl chloride monomer (VCM) plant, which had been shut down after a fire on 20 December 2013, the company says. Axiall has also...
http://www.chemweek.com/sections/business_finance/usa_americas/Axiall-completes-VCM-repairs-estimates-sharp-drop-in-Q1-Ebitda_60406.html
April 17, 2014
Koppers has agreed to acquire the wood preservation and railroad services businesses of Osmose Holdings (Buffalo, NY) for $460 million. The acquired businesses had revenue of $390...
http://www.chemweek.com/sections/business_finance/usa_americas/Koppers-acquires-wood-treatment-business_60407.html
April 17, 2014
The initial group of US first-quarter specialty chemical earning reports mostly beat analysts’ expectations on higher revenues and volumes. Albemarle and Sensient were both hit...
http://www.chemweek.com/sections/business_finance/usa_americas/Early-specialty-earnings-mostly-beat-estimates_60410.html
April 17, 2014
Air Products will build a 40-million standard cubic feet/day hydrogen production facility to process a hydrogen-rich off-gas stream from a new propane dehydrogenation (PDH) facility...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-to-build-hydrogen-plant-at-Enterprise-PDH-unit_60411.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/sections/business_finance/usa_americas/Celanese-eyes-second-US-methanol-plant_60096.html
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