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June 21, 2013
Dow Chemical and Union Pacific note gains in their joint effort to improve rail safety and security, including safer tank car designs and supply chain improvements that have significantly reduced the volume of hazardous chemicals moving via rail....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-Union-Pacific-update-rail-safety-program-with-new-design_52985.html
June 21, 2013
ACC and Socma reemphasized the need to reform the Toxic Substances Control Act (TSCA) at a 13 June hearing held by the US House’s energy and commerce subcommittee on environment and...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-Socma-urge-House-to-improve-TSCA-shortly-after-Senate-proposal_52986.html
June 7, 2013
Air Products says it has acquired EPCO Carbon Dioxide Products (Monroe, LA), a privately held producer and marketer of liquid carbon dioxide (CO2). The purchase price has not been...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-acquires-liquid-carbon-dioxide-firm-EPCO_52640.html
June 7, 2013
Linde on 31 May announced its largest investment—including a large air separation unit (ASU), gasification train, and supporting equipment and facilities—in the United States, at La Porte, TX....
http://www.chemweek.com/sections/business_finance/usa_americas/Linde-investing-$200-million-in-La-Porte-ASU-gasification-train_52641.html
June 7, 2013
Mexichem (Tlalnepantla, Mexico) has completed the previously announced acqusiition of PolyOne’s vinyl dispersion, blending, and suspension resin assets for $250 million in cash...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexichem-completes-buy-of-PolyOnes-vinyls-resin-assets_52642.html
June 7, 2013
Chevron Phillips Chemical (CPChem) plans to add a 10th furnace to an existing ethylene unit at its Sweeny Complex, at Old Ocean, TX, increasing ethylene production capacity by 200 million lbs/year, the company announced last week. The construction of the furnace, which has been approved by the Texas Commission on Environmental Quality (TCEQ), will begin during the third quarter with start-up to follow in 2014, CPChem said....
http://www.chemweek.com/sections/business_finance/usa_americas/CPChem-to-boost-ethylene-at-Old-Ocean-by-200-million-lbs_52649.html
June 7, 2013
Kuraray says that its wholly owned MonoSol (Merrillville, IN) subsidiary will expand production capacity for polyvinyl alcohol (PVOH) film at its La Porte, IN, manufacturing site. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Kuraray-to-expand-PVOH-film-capacity-at-La-Porte-IN_52650.html
June 7, 2013
Senator Frank Lautenberg (D., NJ), a longtime advocate for chemicals management reform and more stringent environmental protection, passed away on 3 June from complications of viral pneumonia, according to a statement from his office. He was 89 years old....
http://www.chemweek.com/sections/business_finance/usa_americas/NJ-Sen-Frank-Lautenberg-passes-away-at-89_52651.html
June 7, 2013
EPA announced on 29 May that is has proposed two rules to ensure that composite wood products produced domestically or imported into the US meet the formaldehyde emission standards...
http://www.chemweek.com/sections/business_finance/usa_americas/EPA-proposes-new-rules-for-formaldehyde-emissions_52652.html
June 7, 2013
PetroLogistics (Houston) last week announced plans to shut down its Houston propane dehydrogenation (PDH) facility on 8 June to repair two of the plant’s eight reactors....
http://www.chemweek.com/sections/business_finance/usa_americas/PetroLogistics-shuts-down-PDH-for-repairs-declares-force-majeure_52653.html
June 7, 2013
Arkema says it has brought onstream the previously announced additional acrylic acid capacity at its Clear Lake, TX, site. The added capacity brings the site to a nameplate capacity of...
http://www.chemweek.com/sections/business_finance/usa_americas/Arkema-starts-up-acrylic-acid-expansion-at-Clear-Lake-TX_52654.html
June 7, 2013
Industry leaders at ACC’s annual meeting at Colorado Springs, CO, noted that conditions in the United States were solid, Europe remains weak, and Asia is underperforming compared with its high expectations....
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-Solid-if-slow-growth-in-US-Asia-underperforms_52679.html
May 31, 2013
Ashland has entered into a $150-million accelerated share buyback program, with Citi acting as the broker. Under the agreement, Citi will deliver 1.3 million Ashland shares at current...
http://www.chemweek.com/sections/business_finance/usa_americas/Ashland-launches-accelerated-share-buyback_52409.html
May 31, 2013
Kuwaiti oil minister Hani Hussein resigned on 26 May following the $2.2-billion penalty payment to Dow Chemical for the termination of the K-Dow joint venture....
http://www.chemweek.com/sections/business_finance/usa_americas/Kuwaiti-oil-minister-resigns-following-K-Dow-penalty_52410.html
May 31, 2013
Eastman announced on 29 May that it will invest $1.6 billion at its Kingsport, TN site over the next 7 years. The investment will focus on safety and environmental projects, increased...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-announces-$1-6-billion-investment-at-Kingsport-TN-site_52411.html
May 31, 2013
The chemical industry is among the top 5 industries in terms of value creation, having generated nearly twice the total shareholder return (TSR) of an aggregated 21-industry average...
http://www.chemweek.com/sections/business_finance/usa_americas/BCG-Chemical-industry-leads-in-shareholder-return_52412.html
May 31, 2013
Jon Huntsman, executive chairman and founder of Huntsman Corp., recently liquidated almost 1 million shares of company stock to fund charitable donations...
http://www.chemweek.com/sections/business_finance/usa_americas/Jon-Huntsman-sells-nearly-1-million-shares-for-charity_52413.html
May 31, 2013
PQ says it will invest more than $120 million to expand catalyst production at its Kansas City, KS, site. The project will increase capacity for PQ’s wholly owned silica catalyst...
http://www.chemweek.com/sections/business_finance/usa_americas/PQ-to-invest-$120-million-to-boost-catalyst-production-at-Kansas-City_52414.html
May 31, 2013
Koch Nitrogen has announced plans to build an additional urea plant at its Enid, OK, facility. The company is also revamping production processes at the site’s two existing ammonia facilities....
http://www.chemweek.com/sections/business_finance/usa_americas/Koch-Nitrogen-to-construct-urea-plant-at-Enid-OK_52415.html
May 31, 2013
Monsanto increased its full-year earnings outlook for its fiscal year ending 31 August, citing growth in corn seeds and better-than-expected market conditions for glyphosate. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-raises-2013-profit-outlook_52416.html
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