IHS Chemical Week

The latest chemical industry news

Carlyle's Axalta files for IPO

11:20 AM MDT | August 22, 2014 | Vincent Valk

Axalta, the former automotive coatings business of DuPont, has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering....

Reliance Industries to import US ethane to feed its crackers in India

12:37 PM MDT | August 22, 2014 | Natasha Alperowicz

Reliance Industries (Mumbai) told the Bombay Stock Exchange today that it will source 1.5 million m.t./year of ethane from the United States to feed its crackers in India. The company has executed storage and capacity agreements for liquefaction and export of...


Mexico's energy reform leads Pemex to restructure operations

Lenzing reports lower sales and earnings, speeds up savings plan

Vale progresses potash project in Canada, awards contract to WorleyParsons

More Top of the News...

This week

Canada:
A better year than expected


Canada’s chemical producers expected 2014 to be a difficult year, but they may have been overly cautious. Although recent earnings reports present a mixed picture, the industry as a whole had a good first half, according to data from the Chemistry Industry Association of Canada (CIAC)....read more>>

Americas

DuPont files suit against SunEdison over solar-paste patent

2:31 PM MDT | August 21, 2014 | Vincent Valk

DuPont has filed a patent infringement suit in US court in Delaware alleging that SunEdison has violated the company’s patent on using tellurium in front-side silver solar pastes. The suit also identifies Neo Solar Power (Hsinchu, Taiwan) and Fextronics...

Europe

Siegfried reports a slight increase in profits

9:22 AM MDT | August 22, 2014 | Deepti Ramesh

Siegfried (Zofingen, Switzerland) reports a 1.6% rise in net profits for the first six months of 2014 compared with the year-ago period, to 18.8 million Swiss francs ($20.5 million). First-half sales decreased 16%, however, to SF165.1 million. Fluctuations in...

news round-up

Chemical industry weekly news roundup, 22 August

Coatings maker Axalta has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering (IPO) of an undetermined value, according to regulatory filings. The filing, which consists of a preliminary prospectus, did not specify the timing of a potential IPO, or the price or number of shares in the offering. Axalta says it will use and any proceeds from an IPO to pay down debt...

Asia/Pacific

AkzoNobel breaks ground on decorative paints facility in China

2:43 AM MDT | August 20, 2014 | Deepti Ramesh

AkzoNobel today broke ground on its previously announced decorative paints facility at Chengdu, China. Chengdu is the capital of Sichuan Province. The new facility is part of an investment exceeding €50 million ($66.5 million) to build manufacturing...

Mideast/Africa

Sahara declares emergency shutdown at polypropylene complex

8:33 AM MDT | August 17, 2014 | Natasha Alperowicz

Sahara Petrochemicals today declared an emergency shutdown at its Al Waha Petrochemical subsidiary at Al Jubail, a producer of propylene and polypropylene (PP). The company cites technical fault in the utilities area, which interrupted production in all of Al...

Viewpoint

Canada outlook warms up

3:39 PM MDT | August 14, 2014

Our cover story this week assesses conditions in Canada, finding that producers up north have outperformed cautious expectations so far in 2014....











 
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