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February 20, 2015
Air Liquide intends to build a $170.0-million air separation unit (ASU) that will supply Shandong Yuhuang Chemical’s (Heze City, China) planned, world-scale methanol project in St...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Liquide-plans-$170-million-ASU-for-methanol-project_67960.html
February 20, 2015
Fourth-quarter results for fertilizer producers Mosaic and CF Industries fell at opposite ends of the spectrum, but both are anticipating strong demand during the spring planting...
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-fourth-quarter-profits-more-than-double-CF-results-slip_67961.html
February 6, 2015
Sensient Technologies (Milwaukee) has announced adjusted operating income of $48.0 million in fourth-quarter 2014 compared with $44.6 million for the year-ago period, an increase of...
http://www.chemweek.com/sections/business_finance/usa_americas/Sensient-Technologies-reports-increases-in-operating-income_67605.html
February 6, 2015
Chase Corp. (Bridgewater, MA) has acquired Henkel’s thermoplastic microspheres business and exclusive distribution rights and intellectual property related to Henkel’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Chase-Corp-acquires-two-Henkel-product-lines_67585.html
February 6, 2015
The chemical businesses of oil companies had a good quarter, helping offset the effect of falling oil prices on upstream results. ExxonMobil, Occidental Petroleum, and Phillips 66 all...
http://www.chemweek.com/sections/business_finance/usa_americas/Oil-companies-offset-upstream-weakness-with-chemical-gains_67583.html
February 6, 2015
Specialty chemical makers for the most part beat estimates in the fourth quarter, although profit growth was spotty (table). Some companies are forecasting growth in 2015, while others...
http://www.chemweek.com/sections/business_finance/usa_americas/Fourth-quarter-results-mixed-for-specialties-makers_67584.html
February 6, 2015
Regulatory issues, most prominently reform of the Toxic Substances Control Act (TSCA) and trade barriers, were key topics of discussion at Informex 2015, held 3–5 February in New Orleans....
http://www.chemweek.com/sections/business_finance/usa_americas/Informex-2015-Regulatory-challenges-persist_67586.html
February 6, 2015
The United Steelworkers (USW) say that they resumed discussions with Shell on 5 February regarding a new three-year labor agreement. The USW told workers on 1 February to strike at...
http://www.chemweek.com/sections/business_finance/usa_americas/USW-strikes-nine-US-refineries-chemical-plants_67587.html
February 6, 2015
FMC says it has acquired all global rights to a novel, proprietary herbicide from Kumiai Chemical Industry (Tokyo) and Ihara Chemical Industry (Tokyo). FMC says the herbicide is highly...
http://www.chemweek.com/sections/business_finance/usa_americas/FMC-acquires-rights-to-novel-herbicide-from-Kumiai-Ihara_67588.html
February 6, 2015
SC Johnson chairman and CEO Fisk Johnson says industry must take steps to rebuild public trust while “standing up for chemistry, for scientific truth, and for the health and wellness of consumers and the planet.”...
http://www.chemweek.com/sections/business_finance/usa_americas/SC-Johnson-CEO-says-industry-must-rebuild-consumer-trust_67589.html
February 6, 2015
Methanex (Vancouver) has successfully produced methanol in a 1.0-million m.t./year plant relocated from Punta Arenas, Chile; to Geismar, LA. “We expect the plant to ramp up to full...
http://www.chemweek.com/sections/business_finance/usa_americas/Methanex-brings-first-relocated-Geismar-methanol-plant-online_67590.html
February 6, 2015
BASF has decided to exit a biobased acrylic acid partnership with Novozymes and Cargill, Novozymes announced on 27 January. “BASF had decided to end the collaboration with...
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-exits-biobased-acrylic-acid-collaboration_67591.html
February 6, 2015
Williams Partners (Tulsa, OK) says it expects to begin manufacturing ethylene at its expanded Geismar, LA, plant for sale in February. The company had originally planned to start the...
http://www.chemweek.com/sections/business_finance/usa_americas/Williams-restarting-Geismar-ethylene-unit-after-several-delays_67592.html
February 6, 2015
Penford shareholders have approved a plan for the food and industrial starch maker to be acquired by Ingredion (Westchester, IL) for $340.0 million. Ingredion will acquire all...
http://www.chemweek.com/sections/business_finance/usa_americas/Penford-shareholders-okay-merger-with-Ingredion_67593.html
February 2, 2015
The industry, research, and energy committee (ITRE) of the European Parliament has made a number of recommendations to the European Commission on the negotiations with the United...
http://www.chemweek.com/sections/business_finance/usa_americas/European-parliamentary-committee-makes-recommendations-to-the-European-Commission-on-TTIP_67406.html
January 23, 2015
Praxair says it is changing the exchange rate used for its Venezuelan business to line up with the Sicad II rate of 50 bolivars to the dollar rather than government’s official...
http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-to-shift-exchange-rate-for-Venezuela-operations_67117.html
January 23, 2015
Mosaic says it expects that reported phosphates volume and phosphates and potash margins will exceed previously provided guidance ranges and that potash volumes will be at the high end of the company’s guidance range, resulting in fourth-quarter 2014 earnings per diluted share of 93–98 cts, including approximately 10 cts in net benefits from notable items....
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-raises-guidance-on-strong-volumes-and-margins_67118.html
January 23, 2015
Ube Industries says it has increased its stake in Advanced Electrolyte Technologies (AET; Midland, MI) and intends to raise its stake further by the end of March. AET was established...
http://www.chemweek.com/sections/business_finance/usa_americas/Ube-Industries-raises-stake-in-electrolytes-JV-with-Dow_67145.html
January 23, 2015
Albemarle on 20 January announced a corporate realignment following the close of its $6.2-billion acquisition of Rockwood Holdings earlier in the month....
http://www.chemweek.com/sections/business_finance/usa_americas/Albemarle-realigns-structure-after-Rockwood-deal-close_67134.html
January 23, 2015
Monsanto says the US Department of Agriculture has deregulated its dicamba-tolerant trait technologies—Roundup Ready 2 Xtend soybeans and Bollgard II XtendFlex cotton. These weed...
http://www.chemweek.com/sections/business_finance/usa_americas/USDA-deregulates-Monsanto-weed-control-traits_67135.html
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