IHS Chemical Week

The latest chemical industry news

ISS backs two Trian seats on DuPont board (update)

12:11 PM MDT | April 27, 2015 | Vincent Valk

The Institute for Shareholder Services (ISS; Rockville, MD), a proxy advisory firm, is recommending that two Trian nominees, including Trian founder and CEO Nelson Peltz, be elected to DuPont’s board of directors. ISS also backs former GE Asset...

Shell completes FEED on US cracker, encouraged by progress in Iraq

12:50 PM MDT | April 27, 2015 | Natasha Alperowicz

Shell Chemicals has completed the front-end engineering design (FEED) study on its previously announced ethane cracker at Monaca, PA, and is expected to make a final investment decision soon, Graham van’t Hoff, executive v.p. of Shell Chemicals, tells...


ICL and AkzoNobel sign agreements to produce and market vacuum salt and white potash

EuroChem selects site in Louisiana for ammonia-urea manufacturing complex

Syngenta receives EPA approval for Acuron corn herbicide

More Top of the News...

This week

Distribution: Riding out volatility

Chemical distributors rode out a turbulent period in Europe during 2014, relying once again on their robust business model and ability to control costs. A spike in M&A activity, in Europe and elsewhere, reflected greater liquidity and availability of debt financing. Distributors expect an upturn at the end of last year to continue throughout 2015...read more>>

Americas

Air Products signs gas supply deal with Big River Steel

12:05 AM MDT | April 28, 2015 | Deepti Ramesh

Air Products says that it has signed a product supply agreement with Big River Steel (Osceola, AR). Air Products, under the terms of the deal, will operate an air separation unit (ASU) producing multiple industrial gases and a Prism hydrogen generator. All...

Europe

Lonza well positioned to deliver on 2015 targets

2:26 AM MDT | April 28, 2015 | Deepti Ramesh

Lonza, in its business update announcement for the first quarter of 2015, says that the year 2015 started with an overall good momentum, leading to business performance fully in line with the company’s expectations. Lonza's specialty ingredients and the...

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

Praxair to expand capacity in China to supply CNOOC

2:54 PM MDT | April 27, 2015 | Vincent Valk

Praxair says it has signed a long-term contract with China National Offshore Oil Company (CNOOC) to supply industrial gases for CNOOC’s refinery and chemical production operations. Under the deal, Praxair will be construct two 2,400 m.t./day air...

Mideast/Africa

Technip awarded PMC contract to upgrade refinery in Iraq

11:39 PM MDT | April 27, 2015 | Natasha Alperowicz

Technip said today that in partnership with UNICO, a Japanese engineering consultant, it has been awarded a project management consultancy (PMC) contract covering the upgrading of the Basra refinery in Iraq. The contract, awarded by South Refineries Co. (SRC)...

Viewpoint

Material gains

4:49 PM MDT | April 23, 2015

First-quarter performance for US chemical makers has been okay so far despite nasty currency impacts (pp. 7, 9). A strong dollar weighed down revenues, but most segments, with agriculture as a notable exception, posted solid results....











 
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