IHS Chemical Week

Regions :: North America

U.S. (11714)

Canada (853)

Mexico (409)


U.S.

Dow to merge chlor-alkali and derivatives with Olin in deal valued at $5 billion
Dow Chemical has definitively agreed to merge most of its chlor-alkali and downstream derivatives business with Olin in a transaction that values the business at $5 billion. The terms of the agreement call for Dow to separate its US Gulf Coast chlor-alkali...

Airgas to construct ASU near steel plant in Alabama
Airgas says it is building a new air separation unit (ASU) to produce tonnage oxygen, nitrogen, and argon for a Nucor plant in Tuscaloosa, AL. The ASU will supply Nucor’s plant via pipeline. It will come onstream in spring 2017 and will also supply...

Albemarle raises elemental bromine prices
Albemarle yesterday said it is raising prices for elemental bromine and bromine derivatives by 30%. The increases will be effective immediately or as soon as contracts permit. Clear brine fluids for oil drilling applications are not included in the price...

IHS WPC: Basic chemical capacity to grow 4%/year this decade
Demand for key basic chemicals has surged since the financial crisis of 2008-2009, but imbalances in supply and demand have emerged that will shape margins through the end of the decade, says Mark Eramo, v.p./global chemical insights at IHS Chemical. Ethylene and vinyls are set to benefit, but methanol could be challenged....

AbbVie to invest in biopharma expansion in Puerto Rico
AbbVie is to invest $30 million to expand one of its manufacturing sites in Puerto Rico. The expansion will add to Puerto Rico’s manufacturing capabilities for biotechnology and is expected to create up to 100 jobs over the next two years...

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CANADA

ICL to acquire remaining shares in Allana Potash
Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that it has entered into an agreement with Allana Potash (Toronto), a potash mining company whose shares are traded on the Toronto Stock Exchange, to acquire all the common shares of Allana. ICL currently...

Indorama to acquire Cepsa’s PTA facility in Canada
Indorama Ventures (Bangkok) says that it has signed an agreement to acquire the purified terephthalic acid (PTA) facility at Montreal that belongs to energy company Cepsa's (Madrid) chemicals subsidiary. The 600,000-m.t./year plant is the only PTA facility in...

North American weekly chemical railcar traffic flat YOY

During the week ended 14 March, chemical railcar traffic in North America changed little year-over-year (YOY) as gains in Canada offset declines in the United States and Mexico. For all of North America, chemical railcar traffic during the week totaled 43,582 carloads, down 0.06% from the previous week, and up 0.2% YOY, according to data released on 11 March by the Association of American Railroads (AAR). For the year to date, chemical railcar traffic in North America is up 3.4%, versus a 2.6% increase in all railcar traffic, according to the AAR.

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Argex signs LOI for distribution of by-products from new titanium dioxide plant
Argex Titanium (Montreal), a company entering the titanium dioxide (TiO2) market, says it has signed a letter of intent with PVS Chemicals, a producer, distributor, and marketer of chemicals; and PVS’s wholly owned subsidiary Fanchem to distribute...

Saskatchewan introduces changes to potash taxation, PotashCorp 'disappointed'
The provincial government of Saskatchewan is implementing interim changes to potash taxation. The province is changing the way in which potash companies can claim capital expenditures (capex) as tax deductions, effective 1 January 2015. All capex will...

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MEXICO

Asahi Kasei to set up plastics compounding subsidiary in Mexico
Asahi Kasei Chemicals said today that, through its Asahi Kasei Plastics North America subsidiary, it will establish a plastics compounding subsidiary in Mexico. The company, as part of its engineering plastics growth plan, has already established compounding...

North American weekly chemical railcar traffic flat YOY

During the week ended 14 March, chemical railcar traffic in North America changed little year-over-year (YOY) as gains in Canada offset declines in the United States and Mexico. For all of North America, chemical railcar traffic during the week totaled 43,582 carloads, down 0.06% from the previous week, and up 0.2% YOY, according to data released on 11 March by the Association of American Railroads (AAR). For the year to date, chemical railcar traffic in North America is up 3.4%, versus a 2.6% increase in all railcar traffic, according to the AAR.

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Weekly chemical rail traffic in North America up 3.3%

Chemical railcar traffic in North America increased 3.3% year-over-year (YOY) in the week ended 7 March on gains in the United States and Canada. Chemical railcar traffic in Mexico continued a trend of YOY declines.

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Weekly chemical railcar traffic up 9% in North America
Chemical railcar traffic in North America increased 9% year-over-year (YOY) during the week ended 28 February on gains in the United States and Canada....

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)....

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