IHS Chemical Week
AMERICAS

Oxiteno Ebitda drops in fourth quarter

10:50 AM MST | February 27, 2015 | Francinia Protti-Alvarez

Oxiteno, the chemicals business of Ultrapar (São Paulo), posted a 98 million reais ($34 million) Ebitda during the last quarter of 2014 down 9% year-on-year (YOY), according to Ultrapar's latest results. The drop was mainly due to the reduction in the...


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Weekly chemical rail traffic in North America down 1.4% YOY

During the week ended 21 February, chemical railcar traffic in North America fell year-over-year (YOY) on declines in the United States, according to data released on 25 February by the Association of American Railroads (AAR)....

ACC highlights recent conclusions on BPA: "FDA and EFSA assessments clearly state that BPA is safe"

ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol A (BPA). The council says that it “believes that it is important to...

Ecolab appoints new board member

Ecolab says that its board of directors has appointed Tracy McKibben to the Ecolab board. McKibben is founder and president of MAC Energy Advisors, a consulting company that assists clients on alternative energy and clean technology investments, and strategic...

Some US east coast refineries restart after cold weather

Market sources say that units at multiple US east coast refineries have restarted after operational issues this week and late last week due to cold regional temperatures.   Philadelphia Energy Solutions' (PES) refinery at Philadelphia had a crude unit...

Ecolab earnings match estimates on higher sales

Ecolab today reported fourth-quarter net income up 17% year-on-year (YOY), to $335.5 million, on net sales up 3%, to $3.68 billion. Adjusted earnings totaled $1.20/share, matching analysts’ consensus estimate, as reported by Thomson Reuters (New York)...

Axiall sells phosgenes facility in Texas

Axiall today announced it has sold its phosgene and derivatives facility at LaPorte, TX to Altivia Chemicals (Houston) for an undisclosed sum. The facility makes phosgene and derivatives for use in the polymer, pharma, and agchems industries. It is the...

Ferro earnings tumble on lower sales

Ferro today reported fourth-quarter net income down 81% year-on-year (YOY), to $11.4 million, on sales down 5%, to $260.9 million. The company reported a loss from continuing operations of 35 cts/share, compared with 65 cts/share in the year-ago quarter...

JSR Corp. acquires contract manufacturing group KBI Biopharma

JSR Corp. along with CMIC Holdings Co. (Tokyo) and Innovation Network Corporation of Japan (INCJ), announced today that they have agreed to acquire KBI Biopharma, a biopharmaceutical contract development and manufacturing organization with facilities at...

Koppers loss widens on negative oil impacts

Koppers today reported a fourth-quarter net loss of $33.5 million, or $1.67/share, compared with a loss of $4.1 million in the year-ago quarter. Net sales grew by 25% year-on-year (YOY), to $426.7 million, mostly due to an acquisition. Koppers’ adjusted...

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