IHS Chemical Week
MARKETS

Lion, East West petition for antidumping tariffs on ESBR

2:27 PM MDT | July 22, 2016 | Clay Boswell

Lion Elastomers (Port Neches, Texas) and East West Copolymer (Baton Rouge, Louisiana) say they have petitioned the US Department of Commerce and the US International Trade Commission to impose antidumping duties on emulsion styrene butadiene rubber (ESBR) from producers in Brazil, South Korea, Mexico, and Poland. The petitioners estimate the dumping margins for imports from these countries at 30-80%....

Sensient beats estimates on higher sales in colors

2:14 PM MDT | July 22, 2016 | Vincent Valk

Sensient Technologies today reported second-quarter net earnings down 4.5% year-on-year (YOY), to $28.1 million, on sales up 4.3%, to $360.8 million. Higher selling and administrative expenses drove down earnings despite broad sales growth. Adjusted earnings...

Basic Chemicals

Amec Foster Wheeler awarded refinery, aromatics upgrade contract in Indonesia

July 21, 2016 | Natasha Alperowicz

Amec Foster Wheeler announced today that it has been awarded an engineering and project management services contract by PT Pertamina (Persero) and Saudi Aramco for the upgrade and expansion of the 348,000 bbl per day Cilacap refinery in Central Java...

Energy and Feedstocks

Technip awarded LNG export terminal contract in the US

July 21, 2016 | Natasha Alperowicz

Technip announced today that it has been awarded a master services agreement (MSA) by SCT&E LNG, Inc. for its proposed 12 million metric tons per year liquefied natural gas (LNG) export terminal located on Monkey Island in Cameron Parish, Louisiana. The...

Industrial Gases

Linde to Acquire Sri Lankan Gases Firm

October 19, 2010 | Deepti Ramesh

Linde says it has offered to acquire all the shares in privately-held Ceylon Oxygen (Colombo, Sri Lanka), and that the offer has been accepted by the major shareholder, Europium, in respect of 95.4% of the shares in Ceylon Oxygen. Ceylon Oxygen, which was...

Plastics

Ford teams up with Mexican tequila distiller to make bioplastics from agave byproduct

July 21, 2016 | Francinia Protti-Alvarez

Ford Motor Company (Dearborn, Michigan) and tequila distiller Jose Cuervo (Mexico City, Mexico) have teamed up to explore the use of the agave plant byproduct to develop more sustainable bioplastics to employ in Ford vehicles, the companies have announced. A...

Renewables

Mitsubishi Chemical and Mitsui Zosen partner to expand zeolite membranes business

July 14, 2016 | Deepti Ramesh

Mitsubishi Chemical Corp. and Mitsui Zosen Machinery & Service Inc. (Tokyo, Japan), a subsidiary of Mitsui Engineering & Shipbuilding Co. Ltd. (Tokyo) have agreed to enter into a business partnership for zeolite membranes. Mitsubishi will purchase...

Specialty Chemicals

Honeywell beats estimates, but chemical results falter as prices decline

July 22, 2016 | Vincent Valk

Honeywell today reported second-quarter net income up 8% year-on-year (YOY), to $1.28 billion, on net sales up 2% year-on-year (YOY), to $9.9 billion. Earnings totaled $1.66/share, slightly ahead of analysts’ consensus estimate of $1.64/share, as...





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