IHS Chemical Week

Regions :: North America

U.S. (13040)

Canada (993)

Mexico (496)


U.S.

Celanese board undertakes governance initiatives
Celanese (Dallas) says its board of directors has taken steps to open up the nomination of directors and propose a transition to annual board elections, initiatives that will give shareholders greater influence over the company's governance....

M. Holland acquires two Puerto Rico resin distributors
M. Holland Co. (Northbrook, IL), a distributor of thermoplastic resins, has agreed to acquire Able International Corp. and Tril Export Corp., both headquartered in San Juan, Puerto Rico. The two businesses, both founded by husband and wife team Daniel and...

Monsanto to pay $80 million to settle SEC accounting charges
Monsanto has agreed to pay $80 million to the US SEC over charges that the company violated accounting rules and misstated 2009-2011 company earnings when it failed to properly account for millions of dollars in rebates offered to retailers and distributors...

LyondellBasell hires Fluor for US Gulf PO-TBA project
LyondellBasell has hired Fluor to do front-end engineering and design (FEED) for a planned propylene oxide (PO) and tert-butyl alcohol (TBA) plant at Channelview, TX, and a downstream ethers plant at LyondellBasell’s Bayport Choate site in Pasadena, TX. Fluor expects to complete the work this year....

BASF signs specialty solvents distribution agreement with Nexeo Solutions in the US and Canada
BASF has signed an exclusive distribution agreement with Nexeo Solutions (The Woodland, TX), a privately owned chemical distributor, for the distribution of certain specialty high-performance solvents in the United States and Canada. BASF is a leading...

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CANADA

Agrium reports second-highest fourth-quarter net income
Agrium reports its second highest fourth-quarter net income ended 31 December 2015 at $200 million, up nearly 75% year-on-year (YOY), while sales was down 11%, to $2.4 million YOY, driven by strong performance in its wholesale business unit. Adjusted earnings...

BASF signs specialty solvents distribution agreement with Nexeo Solutions in the US and Canada
BASF has signed an exclusive distribution agreement with Nexeo Solutions (The Woodland, TX), a privately owned chemical distributor, for the distribution of certain specialty high-performance solvents in the United States and Canada. BASF is a leading...

Fluor awarded gas plant contract in Canada
Fluor has announced that the Cutbank Ridge Partnership, a tie-up between Mitsubishi Corp., and Encana Corp. involved in the long-term development of natural gas resources in Northeast British Columbia, has selected Fluor to execute engineering, procurement...

Trans-Pacific Partnership signed in New Zealand
The Trans-Pacific Partnership (TPP), a major free trade agreement between 12 nations based in and around the Pacific Ocean, has been signed by government ministers in Auckland. The signatories to TPP are Australia, Brunei, Canada, Chile, Japan, Malaysia...

BASF appoints new president of BASF Canada
BASF has appointed Marcelo Lu as president BASF Canada effective 1 February 2016. He succeeds Carles Navarro, who now heads BASF in Spain and Portugal. Lu will lead BASF Canada’s leadership team and be responsible for implementing the company’s...

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MEXICO

New Pemex CEO appointed, expected to speed up transformation, build up financial strength
Mexican President, Enrique Peña Nieto has appointed José Antonio González Anaya to the helm of state-owned Petróleos Mexicanos (Pemex), according to a statement from the office of the president. González Anaya will be...

Mexichem appoints president of pipe systems unit
Mexichem (Tlalnepantla, Mexico) has named current president of Mexichem USA Paresh Chari as president of the company’s pipe systems business group. Chari, who spent 20 years at Dura-Line before Mexichem acquired the company in 2014, will report directly...

Slight gain in North America's weekly chemical rail as US offsets Canada decline
During the week ended 30 January, chemical railcar traffic in North America increased 0.2% year-on-year as a gain in the United States offset a decline in Canada. Volume totaled 44,595 carloads, up 8.5% from the previous week, according to data the Association of American Railroads released on 3 February. For the year to date, chemical railcar traffic in North America is flat versus a 15% decrease in all railcar traffic....

Pemex fertilizer subsidiary completes acquisition in Mexico
Pemex Fertilizers, a subsidiary of Petróleos Mexicanos (Pemex) has completed the acquisition of Grupo Fertinal (Cuernavaca, Mexico), adding 1.2 million m.t./year of capacity to Pemex's solid fertilizer production. The newly acquired production capacity...

North America weekly chemical rail traffic drops 4.4% YOY
During the week ended 23 January, chemical railcar traffic in North America fell 4.4% year-on-year (YOY), to 41,090 carloads, the result of declines across the region, according to data  the Association of American Railroads released on 27 January....

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