IHS Chemical Week

The latest chemical industry news

PotashCorp reviewing shareholdings in SQM and ICL

3:26 AM MDT | May 22, 2015 | Natasha Alperowicz

PotashCorp’s CEO Jochen Tilk on Thursday said that the company will continue to review whether to retain its  shareholdings in fellow potash producers, SQM (Santiago, Chile) and ICL (Tel Aviv). Speaking at the BMO investor conference in New York...

North America weekly chemical rail traffic drops 3.6% YOY

11:46 AM MDT | May 22, 2015 | Clay Boswell

During the week ended 16 May, chemical railcar traffic in North America declined year-over-year (YOY) on weaker results from the United States and Canada....


ChemChina rules itself out as potential buyer for Syngenta, Monsanto assets

Linde signs up to second phase of international CO2 research project

Toray to acquire remaining shares in former Woongjin Chemical for $112 million

More Top of the News...

This week

Managing specialties:
Innovating ahead of the curve

Innovation and customer intimacy are key priorities for specialty chemical companies as they try to maintain margins. Pressure is coming from the ever-smaller window for new, high-margin products and the mixed impact of low energy costs. Working closely with customers is seen as an important way to preserve value...read more>>

Americas

ACC: US chemical production flat in April

9:31 AM MDT | May 22, 2015 | Clay Boswell

US chemical production was flat in April, according to the ACC’s US Chemical Regional Production Index (CPRI). The index, a three-month moving average, was also flat in March after registering a 0.2% gain in February....

Europe

Wacker opens silicones service laboratory in Moscow

5:51 AM MDT | May 21, 2015 | Natasha Alperowicz

Wacker on Thursday opened a new service laboratory in Moscow. The facility was opened by executive board member Auguste Willems and Christian Hartel, head of Wacker silicones in the presence of several customers. The facility will serve as a test lab for...

news round-up

Assessing crude's impact on Q4, January 23

Chemical industry financial analysts expect North American chemical companies to report solid fourth-quarter earnings, driven by lower raw material costs and solid demand, but the outlook for 2015 will be cautious. In research notes, the analysts cite a range of factors driving industry performance, but the recent collapse of crude oil pricing stands out. A majority of US chemical makers report are set to report fourth-quarter earnings over the next two weeks. ...

Asia/Pacific

Toray to acquire remaining shares in former Woongjin Chemical for $112 million

12:50 AM MDT | May 22, 2015 | Deepti Ramesh

Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) has launched another tender offer to acquire the remaining shares in Toray Chemical Korea (Seoul), formerly Woongjin Chemical. The total purchase price to...

Mideast/Africa

Frutarom reports record first-quarter results, confirms targets

1:21 AM MDT | May 20, 2015 | Natasha Alperowicz

Flavors and fine ingredients firm Frutarom (Herzliya, Israel) on Wednesday reported a substantial rise in first-quarter sales and earnings, following a spree of acquisitions, including six this year. Sales were 7.8% higher year-on-year (YOY) at $194.2 million...

Viewpoint

Staying special

4:17 PM MDT | May 21, 2015

Our cover story this week focuses on specialty chemicals and the ongoing effort to fight off commoditization (p. 21). With the age of new molecules largely passed, producers have turned attention to more closely aligning with customers to find the solutions and formulations that preserve value and enhance margin....











 
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