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October 12, 2012
BP says it plans to sell its Texas City, TX, refinery and part of its retail and logistics network to Marathon Petroleum for $2.5 billion. BP, in 2011, announced plans to divest the...
http://www.chemweek.com/sections/business_finance/usa_americas/BP-sells-Texas-City-refinery-to-Marathon-for-$2-5-billion_46937.html
October 12, 2012
IC Potash Corp. (ICP; Toronto) has awarded SNC-Lavalin (Montreal) a contract to develop sections of the feasibility study of ICP’s Ochoa sulphate of potash (SOP) project at Lea...
http://www.chemweek.com/sections/business_finance/usa_americas/ICP-Potash-awards-contract-for-feasibility-study_46938.html
October 12, 2012
Lubrizol says it will build a chlorinated polyvinyl chloride (CPVC) resin and compounding manufacturing facility at Deer Park, TX. The company is investing about $125 million over a...
http://www.chemweek.com/sections/business_finance/usa_americas/Lubrizol-to-build-CPVC-plant-in-Texas_46940.html
October 12, 2012
Saltigo (Langenfeld, Germany), a Lanxess subsidiary, says it has decided to discontinue production at the company’s Redmond, WA, site and that it has abandoned a previously announced...
http://www.chemweek.com/sections/business_finance/usa_americas/Saltigo-to-shut-US-site-abandons-expansion-plans_46941.html
October 12, 2012
Dow Chemical’s AgroSciences unit has acquired the assets of Cal/West Seeds (Woodland, CA), a leading supplier of alfalfa, clover, and other crops to seed companies and growers in...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-boosts-forages-presence-with-purchase-of-CalWest-Seeds_46942.html
October 5, 2012
Health Canada says its reassessment of bisphenol A (BPA) in food packaging indicates current exposure levels are not high enough to cause concern about adverse health effects in adults...
http://www.chemweek.com/sections/business_finance/usa_americas/Canada-BPA-review-upholds-use-in-food-packaging_46732.html
October 5, 2012
Evonik Industries has started basic planning for a large-scale methyl methacrylate (MMA) production plant at the company’s Mobile, AL complex. The investment in the project will...
http://www.chemweek.com/sections/business_finance/usa_americas/Evonik-plans-to-build-US-MMA-plant_46742.html
October 5, 2012
ExxonMobil Chemical says it will invest $215 million to increase capacity for synthetic lubricant base stocks and lubricants blending and packaging operations at its Baton Rogue, LA...
http://www.chemweek.com/sections/business_finance/usa_americas/ExxonMobil-Chemical-to-expand-lubricants-production-in-Louisiana_46743.html
October 5, 2012
Chao: Ethylene, chlorine expansions boost integration. Westlake Chemical says it will convert its Calvert City, KY ethylene plant from propane to ethane feedstock as it seeks to take...
http://www.chemweek.com/sections/business_finance/usa_americas/Westlake-to-increase-ethylene-PVC-capacity_46744.html
October 5, 2012
The US Court of Appeals for the Fourth Circuit (Richmond, VA) has temporarily lifted an injunction issued last month ordering South Korea’s Kolon Industries to halt production of...
http://www.chemweek.com/sections/business_finance/usa_americas/Court-lifts-injunction-on-Kevlar-competitor-pending-appeal_46745.html
October 5, 2012
Falvey: Focus on science, not fear and speculation. Cheryl Falvey, general counsel for the U.S. Consumer Product Safety Commission (CPSC; Washington), will join the law firm Crowell...
http://www.chemweek.com/sections/business_finance/usa_americas/Lead-US-product-safety-attorney-heads-to-Crowell-and-Moring_46763.html
October 5, 2012
Coca-Cola says it has partnered with JBF Industries (Mumbai) to expand production of biobased ethylene glycol (EG) for its partially biobased polyethylene terephthalate (PET) bottles...
http://www.chemweek.com/sections/business_finance/usa_americas/Coca-Cola-JBF-Industries-plan-Brazilian-renewable-glycols-unit_46707.html
October 5, 2012
Gevo (Englewood, CO) says it is reverting its Luverne, MN biorefinery to ethanol production while it works to optimize isobutanol production rates. The move is a setback for Gevo...
http://www.chemweek.com/sections/business_finance/usa_americas/Gevo-halts-isobutanol-production-at-new-site-while-it-tweaks-process_46708.html
October 5, 2012
AkzoNobel says it is investing to increase production capacity at its La Porte, TX facility to meet growing demand from producers of light-emitting diodes (LEDs), to supply the...
http://www.chemweek.com/sections/business_finance/usa_americas/AkzoNobel-to-build-trimethylgallium-unit-in-Texas_46709.html
October 5, 2012
3M has reached an $860-million deal to acquire Ceradyne, giving it entry into technical ceramics for body armor, industrial, and energy applications. The deal values Ceradyne at...
http://www.chemweek.com/sections/business_finance/usa_americas/3M-to-acquire-ceramics-maker-Ceradyne-for-$860-million_46720.html
October 5, 2012
Grant: Expects 14%-15% earnings growth in 2012. Monsanto’s net loss widened for its seasonally weak fiscal fourth quarter ended 31 August, as corn and cotton seed sales fell...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsantos-loss-widens-as-2013-guidance-underwhelms_46721.html
October 5, 2012
Mosaic reported first-quarter earnings of $429 million, down 15% from the year-earlier period. Adjusted earnings hit $1.01/share, down 13% and falling short of analyst estimates of...
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-reports-earnings-drop-on-lower-volumes_46722.html
September 21, 2012
Executives attending the Third International Conference on Chemicals Management (ICCM3) held last week in Nairobi have detailed proposals for a public-private partnership focused on...
http://www.chemweek.com/sections/business_finance/usa_americas/UN-ICCA-Partnership-Targets-Safer-Distribution-in-Africa_46401.html
September 21, 2012
A study published in the most recent version of The Journal of the American Medical Association links exposure to bisphenol A (BPA) to increased obesity in children. However, ACC says...
http://www.chemweek.com/sections/business_finance/usa_americas/Industry-Disputes-Study-Linking-BPA-and-Childhood-Obesity_46402.html
September 21, 2012
Air Liquide says it will invest $90 million to develop separate projects with Femsa (Monterrey, Mexico), a leading Coca-Cola bottler in Latin America, and Suzano Papel e Celulose...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Liquide-Awarded-Supply-Contracts-in-Brazil_46403.html
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