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November 21, 2014
Ethylene production at Shell’s Norco, LA, refinery has returned to normal, the company said on 19 November. Production was interrupted on 13 November, when Shell shut down a...
November 21, 2014
Ashland announced on 14 November that its board has elected William Wulfsohn to be chairman and CEO, effective 1 January 2015. Wulfsohn replaces James O’Brien, who is retiring...
November 21, 2014
A chemical leak at DuPont’s La Porte, TX, facility killed four employees and injured a fifth....
November 21, 2014
International Flavors & Fragrances (IFF) has announced that its current executive v.p. and CFO, Kevin Berryman, will be leaving the company to take a senior leadership role outside...
November 21, 2014
The National Association of Chemical Distributors (NACD) and ACC have announced the renewal of a memorandum of understanding (MOU) between the two organizations at NACD’s annual meeting, held 17–20 November at Scottsdale, AZ, and updated members on new practices within Responsible Care and Responsible Distribution. The regulatory outlook was also assessed, with executives saying safety and environmental rules are proliferating....
November 21, 2014
Chemtura on 13 November said it will slash manufacturing costs by about $50 million/year, or about 10% of the total, as part of a restructuring program. The restructuring will also cut...
November 14, 2014
Sunoco Logistics has concluded the open season for the company’s $2.5-billion Mariner East 2 pipeline project. The pipeline will carry natural gas liquids (NGLs) from the...
November 14, 2014
Flint Hills Resources (Wichita, KS) plans to close its 85,000-m.t./year Marysville, MI, polypropylene (PP) plant in July 2015. Production will be shifted to the company’s Longview...
November 14, 2014
Vertellus Specialties (Indianapolis) has acquired Pentagon Chemicals (Halebank, UK), a maker of fine and specialty chemicals for the life science market, Vertellus president and CEO...
November 14, 2014
Commodity producers in the Americas have turned in a mixed bag of third-quarter results. Demand has strengthened, but some markets have presented special challenges. ExxonMobil’s...
November 14, 2014
Later-reporting specialty chemical companies mostly beat estimates in the third quarter, as sales increased in many businesses. The volumes of Ashland’s specialty ingredients...
November 14, 2014
Ballooning trade deficits and how Latin American can emulate North America’s investment boon with its own shale gas resources dominated discussion at the 34th annual meeting of...
November 14, 2014
Eastman Chemical is forecasting 8–12% annual earnings growth for the next three years. Earnings in 2014 are expected to approach $7.00/share, up from $6.44 in 2013, with 2015...
November 14, 2014
Momentive Specialty Chemicals (MSC) plans to build two formaldehyde plants in Louisiana. Investment will total $66 million, with construction occurring through 2014 and 2015. Combined...
November 14, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site...
November 10, 2014
Virent (Madison, WI) and the PlantPET Technology Collaborative (PTC) have announced that they have signed an expression of interest that provides individual members of the PTC an...
October 31, 2014
ACC’s monthly chemical activity barometer (CAB) decreased 0.1% over October measured on a three-month moving average (3MMA) basis. However, despite the decline, ACC says the CAB...
October 31, 2014
Sasol has decided to proceed with an $8.1-billion ethane cracker and derivatives project at the company’s Lake Charles, LA, site....
October 31, 2014
Westlake has held a dedication ceremony to celebrate the expansion of the company’s Calvert City, KY, vinyls complex. Westlake spent in excess of $300 million for the project...
October 31, 2014
DuPont fired back at activist investor Trian Management in a 28 October letter to shareholders, citing the benefits of maintaining DuPont’s diverse product portfolio and dismissing Trian’s proposal to split the company’s higher-growth nutrition, agriculture, and industrial biotech operations from its long-held materials segments....
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