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November 2, 2015
Third-quarter results of diversified and commodity chemical producers indicate that difficult market conditions prevailed. DuPont continued to struggle with currency headwinds...
November 2, 2015
DuPont interim chair and CEO Ed Breen says the company is prepared to do a deal in agriculture as a cyclical downturn in seeds and crop protection chemicals has other ag majors, including Dow Chemical and Monsanto, looking for opportunities to consolidate....
October 30, 2015
Air Products says it is spending $350–400 million to build a steam methane reformer (SMR) to produce hydrogen and carbon monoxide at Baytown, TX. The facility will be connected...
October 30, 2015
Calgon Carbon has announced changes to its leadership and reporting structure, effective 1 January 2016. The company will be organized in two reporting segments: advanced materials...
October 30, 2015
North American industrial gases firms report third-quarter earnings that mostly declined year-on-year (YOY) since weakness in the manufacturing sector and negative currency impacts dragged down results. However, companies beat Wall Street expectations, as volumes to less-cylical end markets, such as food, beverage and health care, grew....
October 30, 2015
ACC’s global chemical regional production index (global CPRI) showed positive growth as the global economy ended the third quarter. The Global CPRI rose 0.3% on a three-month moving...
October 30, 2015
Most specialty chemical producers grew earnings and beat analysts’ expectations at the end of October despite lower sales. The strong US dollar and weakness in China and some...
October 30, 2015
Styrolution has suspended developing an acrylonitrile butadiene styrene (ABS) joint venture with Braskem, citing current market conditions in Brazil and the rest of South America...
October 30, 2015
Elevance Renewable Sciences (Woodbridge, IL) has named Tony Parnell, formerly a sales and supply chain executive at Albemarle, CEO effective 23 October. He replaces founding chief...
October 30, 2015
The US Senate has joined the House of Representatives in passing legislation that gives railroads three more years to implement positive train control (PTC). The bill still awaited the...
October 23, 2015
Badlands NGLs (Denver) says it has licensed Univation Technologies’ Unipol polyethylene (PE) process for four 600,000-m.t./year production lines, two at a site in North Dakota...
October 23, 2015
Dow Chemical and Celanese have both turned in better third-quarter earnings than analysts had expected—Dow on a boost from performance plastics and consumer solutions and Celanese on the strong contribution from material solutions....
October 23, 2015
The US specialty chemicals market contracted 1.0% year-on-year (YOY) in September on a three-month moving average (3MMA), according to the latest ACC specialty market volume report...
October 23, 2015
Azelis Group, a major, Europe-based specialties distributor, has agreed to acquire Koda Distribution Group (Stamford, CT) to expand its presence in North America. Koda will be renamed Azelis Americas and will continue to be led by CEO Frank Bergonzi....
October 23, 2015
While ag and crop nutrient markets may be distressed in 2015, investment management and research firm Bernstein Research predicts that the demand weakness for potash may be temporary...
October 23, 2015
Air Liquide has acquired PoroGen (Woburn, MA), a maker of on polyetheretherketone-based membrane materials used in gas separation, gas-liquid transfer, hybrid absorption...
October 23, 2015
Celanese says that its 50-50 joint venture with Mitsui & Co. has completed constructing the previously announced methanol production plant at Celanese’s integrated chemical site...
October 23, 2015
Specialty chemical manufacturers largely weathered tough conditions during the third quarter, with most companies beating estimates on higher earnings despite lower revenues. The...
October 22, 2015
Sensient Technologies (Milwaukee) has reported sales of $344.5 million in the third quarter compared with sales of $364.5 million in the corresponding quarter of 2014, a decline of...
October 20, 2015
The US specialty chemicals market contracted 1.0% year-on-year (YOY) in September on a three-month moving average (3MMA), according to the latest issue of ACC's specialty market volume...
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