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November 26, 2013
German chemical companies have invested more money abroad than domestically for the first time since 2001, chemical industry association VCI (Frankfurt) says. Fixed foreign...
http://www.chemweek.com/sections/business_finance/usa_americas/German-chemical-companies-boost-US-investment-while-domestic-spending-stagnates_56940.html
November 22, 2013
A ninth North American cracker project has been announced. Odebrecht, a Brazilian engineering and construction firm that is the largest shareholder in Braskem, is exploring the possibility of building a petrochemical complex in West Virginia, the company said on 14 November....
http://www.chemweek.com/sections/business_finance/usa_americas/Odebrecht-exploring-cracker-derivatives-in-Marcellus-region_56879.html
November 22, 2013
The European Union and the United States have concluded the second round of week-long negotiations for the transatlantic trade and investment partnership (TTIP)....
http://www.chemweek.com/sections/business_finance/usa_americas/EU-US-conclude-second-round-of-trade-talks_56857.html
November 22, 2013
Sabic Innovative Plastics (Pittsfield, MA), has announced plans to close its acrylonitrile butadiene styrene (ABS) plant at Washington, WV, by mid-2015. Sabic will transfer some ABS...
http://www.chemweek.com/sections/business_finance/usa_americas/Sabic-to-close-West-Virginia-ABS-plant-consolidate-US-ABS-operations_56880.html
November 22, 2013
Dow Chemical has raised the cap for its previously announced debt tender offer from $500 million to $700 million in response to strong demand, the company says. Dow received early...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-to-raise-debt-buyback-limit-to-$700-million_56881.html
November 22, 2013
Late reporting chemical companies mostly beat earnings expectations, although special items had a big impact on results at Rockwood and Valspar. Rockwood recorded a big gain due to proceeds from a divestiture, while Valspar’s results were dragged down by restructuring charges....
http://www.chemweek.com/sections/business_finance/usa_americas/Late-earnings-mostly-beat-expectations_56882.html
November 22, 2013
Cabot announced on 19 November that it will pay a civil fine and add emission control technology to three of its US carbon black manufacturing sites as part of an agreement with EPA...
http://www.chemweek.com/sections/business_finance/usa_americas/Cabot-to-invest-$85-million-to-settle-EPA-emissions-charge_56883.html
November 22, 2013
ACC testified before the House Energy and Commerce Subcommittee on Environment and the Economy on 13 November to encourage Congress to update the Toxic Substances Control Act (TSCA). The hearing examined the Senate’s proposed Chemical Safety Improvement Act (CSIA) bill, which would revamp and modernize TSCA....
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-urges-Congress-to-pass-chemical-management-reform_56884.html
November 22, 2013
EPA’s 2014 Renewable Fuel Standard (RFS) proposal lowers the amount of biofuels refiners are mandated to blend into fuels for the first time in the program’s history. The agency...
http://www.chemweek.com/sections/business_finance/usa_americas/EPA-proposes-lower-renewable-fuel-standard-mandate_56885.html
November 22, 2013
Regulatory issues—particularly Chemical Facility Anti-Terrorism Standards (CFATS) and Obama’s recently signed executive order to improve the chemical safety and security—was a...
http://www.chemweek.com/sections/business_finance/usa_americas/DHS-updates-on-CFATS-and-executive-order_56906.html
November 22, 2013
Airgas announced that it will build an air separation unit (ASU) at Prologis International Centre South, located at a Minooka, IL, industrial site. The construction of the facility is...
http://www.chemweek.com/sections/business_finance/usa_americas/Airgas-to-build-ASU-at-Minooka-IL_56911.html
November 21, 2013
The European Union intends to impose 'definitive antidumping duties' on biodiesel from Argentina and Indonesia, effective 27 November, the European Commission says. The measures...
http://www.chemweek.com/sections/business_finance/usa_americas/EU-to-impose-definitive-antidumping-duties-on-biodiesel-from-Argentina-Indonesia_56848.html
November 18, 2013
The European Union and the United States have concluded the second round of week-long negotiations for the transatlantic trade and investment partnership (TTIP). "Significant...
http://www.chemweek.com/sections/business_finance/usa_americas/EU-and-US-conclude-second-round-of-trade-negotiations-at-Brussels_56752.html
November 15, 2013
Amyris (Emeryville, CA) has announced the appointment of Paolo Diniz as interim CFO, effective 15 December. Diniz, currently president/Brazil at Amyris, will replace Steve Mills, who...
http://www.chemweek.com/sections/business_finance/usa_americas/Amyris-appoints-interim-CFO_56726.html
November 8, 2013
The impact of North America’s shale gale was the prevailing theme at the Global Plastics Summit, held in Chicago by IHS Chemical in collaboration with the Society of the Plastics...
http://www.chemweek.com/sections/business_finance/usa_americas/North-American-plastics-gain-on-reshoring-of-manufacturing_56551.html
November 8, 2013
CF Industries (Deerfield, IL) announced on 28 October that it is selling its phosphates mining and manufacturing business to Mosaic for $1.4 billion in cash...
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-acquires-CF-Industries-phosphates-unit-for-$1-4-billion_56534.html
November 8, 2013
Rextac (Odessa, TX), a manufacturer of polypropylene (PP)-based adhesives, plans to build an integrated propane dehydrogenation (PDH)-PP facility adjacent to its petrochemical complex...
http://www.chemweek.com/sections/business_finance/usa_americas/Rextac-plans-integrated-PDH-PP-facility-in-Texas_56535.html
November 8, 2013
Mexico’s federal competition commission has denied Sherwin-Williams’ (SW) appeal of the commission’s ruling blocking the acquisition of Comex, the company says...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexican-antitrust-agency-denies-SW-Comex-appeal_56536.html
November 8, 2013
Uncertainty in the potash market, partially caused by the breakup of export cartel Belaruski Potash Corp. (Minsk) in July, led to weaker third-quarter earnings for most fertilizer...
http://www.chemweek.com/sections/business_finance/usa_americas/Fertilizer-earnings-down-on-weak-potash-market_56553.html
November 8, 2013
Chemical segment earnings for US oil makers and refiners were up across the board in the third quarter. Strength in petrochemical markets, particularly in the United States, helped...
http://www.chemweek.com/sections/business_finance/usa_americas/Oil-firms-post-stronger-petrochemical-earnings_56554.html
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