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August 1, 2014
Specialty chemical makers mostly report solid earnings gains on good volumes across a variety of product applications, including construction, personal care, and catalysts. Some...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-companies-mostly-report-rising-earnings_62911.html
July 18, 2014
Coating makers PPG Industries and Sherwin-Williams (SW) both report solid second-quarter results, since earnings increased year-on-year (YOY) and beat estimates on rising sales and volumes....
http://www.chemweek.com/sections/business_finance/usa_americas/Coatings-makers-post-solid-second-quarter-earnings_62567.html
July 18, 2014
Alpek and BASF have signed agreements covering the expandable polystyrene (EPS) and polyurethane (PU) business activities of their Polioles joint venture in Mexico and BASF’s EPS business in North America and South America, excluding BASF’s Neopor grey EPS business....
http://www.chemweek.com/sections/business_finance/usa_americas/Alpek-BASF-plan-EPS-and-polyols-swap-in-the-Americas_62563.html
July 18, 2014
Cytec and Dralon (Cologne) say they are exploring collaborating to develop and market large-tow carbon fiber for industrial applications. The collaboration would include products for...
http://www.chemweek.com/sections/business_finance/usa_americas/Cytec-and-Dralon-to-collaborate-on-carbon-fibers_62568.html
July 18, 2014
Stepan says it has acquired a sulfonation production plant in Bahia, Brazil, from Procter & Gamble (P&G) for an undisclosed sum. The plant, in the country’s northeast...
http://www.chemweek.com/sections/business_finance/usa_americas/Stepan-acquires-sulfonation-plant-in-Brazil-from-P-and-G_62569.html
July 18, 2014
Biocatalyst firm Codexis (Redwood City, CA) and GlaxoSmithKline (GSK) have announced a technology license agreement worth up to $25 million in initial payments and milestone and...
http://www.chemweek.com/sections/business_finance/usa_americas/GSK-to-license-Codexis-technology_62570.html
July 18, 2014
Expectations for improved semiconductor demand, driven by the latest smartphones and tablets and the <i>internet of things</i> &mdash;the term used to describe the increasing use of chips in applications like thermostats and refrigerators&mdash;helped fuel optimistic sentiment at Semiconductor Equipment and Materials International&rsquo;s (SEMI; San Jose, CA) annual Semicon West conference, held 8&ndash;10 July at San Francisco....
http://www.chemweek.com/sections/business_finance/usa_americas/Semicon-West-2014-Positive-outlook-for-chip-makers-suppliers_62571.html
July 18, 2014
Axiall (Atlanta) says that the extended ramp-up after restarting its vinyl chloride monomer (VCM) manufacturing facility at Lake Charles, LA, and weakness in building products and...
http://www.chemweek.com/sections/business_finance/usa_americas/Axiall-cuts-earnings-forecast-on-sluggish-VCM-restart-aromatics_62564.html
July 18, 2014
Flint Hills Resources (Wichita, KS), a subsidiary of Koch Industries, has completed its acquisition of propylene-maker Petro Logistics (Houston). Flint Hills has merged a propylene...
http://www.chemweek.com/sections/business_finance/usa_americas/Koch-completes-acquisition-of-PetroLogistics_62565.html
July 18, 2014
Elevance Renewable Sciences (Woodbridge, IL) and Genting Plantations (Kuala Lumpur) have announced plans to build a 240,000-m.t./year biorefinery based on Elevance’s metathesis...
http://www.chemweek.com/sections/business_finance/usa_americas/Elevance-Genting-Plantations-ink-biorefinery-collaboration_62572.html
July 10, 2014
The German chemical industry is in favor of the transatlantic trade and investment partnership (TTIP), currently being negotiated between the European Union and the United States, says...
http://www.chemweek.com/sections/business_finance/usa_americas/VCIs-Kley-Germanys-chemical-industry-in-favor-of-TTIP_62395.html
July 7, 2014
After three years of flat to negative growth, US basic chemicals production, powered by rising domestic demand and increasing export opportunities, will ramp up this year and remain...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-US-basics-production-to-snap-back-this-year_62294.html
July 7, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) plans to begin a 100,000-m.t./year expansion of its Cedar Bayou normal alpha-olefins (NAO), also called linear alpha-olefins...
http://www.chemweek.com/sections/business_finance/usa_americas/CPChem-gets-greenlight-for-Cedar-Bayou-alpha-olefins_62291.html
July 7, 2014
Acron (Velikiy Novgorod, Russia), a producer of fertilizers; and the Rio Tinto group have formed a joint venture to evaluate developing their jointly held potash properties in...
http://www.chemweek.com/sections/business_finance/usa_americas/Acron-Rio-Tinto-form-JV-to-develop-Saskatchewan-potash-deposit_62292.html
July 7, 2014
Univar, the largest US chemical distributor, filed 26 July with SEC for an initial public offering....
http://www.chemweek.com/sections/business_finance/usa_americas/Distributor-Univar-files-for-initial-public-offering_62293.html
July 7, 2014
Braskem plans to build an ultrahigh molecular weight polyethylene (UHMWPE) plant at its La Porte, TX, site, the company says. Groundbreaking for the new plant will take place during...
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-to-build-UHMWPE-plant-at-Texas-site_62295.html
July 7, 2014
Kuraray says that its MonoSol (Merrillville, IN) subsidiary will expand production capacity for polyvinyl alcohol (PVOH) film at its Portage, IN, site. An additional PVOH film...
http://www.chemweek.com/sections/business_finance/usa_americas/Kuraray-to-expand-PVOH-film-capacity-at-Portage-IN_62296.html
July 7, 2014
DuPont says it aims to save $1 billion in costs by 2019 as part a program to streamline operations and eliminate stranded costs associated with the spin-off of its $7-billion/year performance chemicals unit....
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-plans-to-cut-$1-billion-over-five-years-as-spin-off-nears_62297.html
July 7, 2014
Mitsubishi Rayon says that its subsidiary Mitsubishi Rayon Carbon Fiber and Composites (Irvine, CA) will expand carbon fiber capacity at its manufacturing site at Sacramento. Capacity...
http://www.chemweek.com/sections/business_finance/usa_americas/Mitsubishi-Rayon-to-double-capacity-at-carbon-fiber-plant-in-California_62298.html
July 7, 2014
PotashCorp says it has begun the recall process at the company’s Lanigan, SK, potash mine to reinstate 47 permanent employees. “The recall reflects ongoing tightness in the...
http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-recalls-more-workers-after-market-upturn_62299.html
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