IHS Chemical Week

Regions :: North America

U.S. (11172)

Canada (820)

Mexico (387)


U.S.

Univar appoints new CFO
Chemicals distributor Univar says that it has appointed Carl Lukach as executive v.p. and chief financial officer (CFO). He succeeds Beatty D’Alessandro, who will be leaving Univar on 8 December. Lukach joins Univar following a 34-year career at DuPont...

EPA proposes stricter ozone standards
The EPA said today that it was proposing stricter ozone standards within a range of 65 to 70 parts per billion (ppb), while taking comment on a level as low as 60 ppb. EPA last updated these standards in 2008, setting them at 75 ppb. Industry groups say...

Air Liquide signs carbon dioxide sourcing agreement with Oregon producer
Air Liquide says it has signed a purchase agreement with Kodiak Carbonic, a Pacific Ethanol subsidiary and producer of beverage-grade liquid carbon dioxide (CO2). Under the agreement, Air Liquide will purchase all CO2 produced at Kodiak...

Lubrizol to acquire Warwick Chemicals
Lubrizol has signed an agreement to purchase Warwick Chemicals (Mostyn, UK), a maker of tetra acetyl ethylene diamine (TAED), a bleach activator used primarily in laundry detergents. Financial terms  were not disclosed. The transaction also includes...

Valspar earnings easily beat estimates
Valspar today reported fiscal fourth-quarter net income up 70% year-on-year (YOY), to $108.1 million, on sales up 11%, to $1.23 billion. Adjusted earnings totaled $117 million, or $1.38/share, up 35% YOY well ahead of analysts’ consensus estimate of...

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CANADA

Sunshine Biopharma signs manufacturing deal with Lonza
Sunshine Biopharma (Montreal), a pharmaceutical company focused on the research, development and commercialization of drugs for the treatment of various forms of cancer, says that it has entered into an agreement with Lonza for the manufacture of...

Valspar acquires Canadian coatings manufacturer Madison Chemical
Valspar (Minneapolis) says that it has completed the purchase of coatings manufacturer Madison Chemical Industries (Milton, ON). Financial terms of the acquisition have not been disclosed. Madison was founded in 1975 and has developed a global reputation for...

Reports: Capital Group ups stake in PotashCorp
Reports say investment giant Capital Group has upped its stake in PotashCorp to 83.1 million shares—just above 10% of the total, making its ownership double that of any other investor. Reports say that investors suspect PotashCorp will raise its...

Agrium takes equity stake in plant nutrition research company
Agrium’s subsidiary Loveland Products has signed a definitive agreement to take an equity stake in CH Biotech R&D Co. (Taiwan), an agricultural technology company that develops and markets plant health and nutrition technologies. Under the terms of...

HJ Baker starts production at sulfur-based fertilizer facility in Canada
HJ Baker's (Westport, CT) subsidiary Tiger-Sul Products Canada (Irricana, AB) has started up a facility at Irricana, 46 miles north of the company's Calgary plant. The facility, originally constructed in 1998, was designed for sulfur processing. HJ Baker...

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MEXICO

Pemex board approves company's reorganization
Petroleos Mexicanos's (Pemex) board has approved the company's previously announced corporate revamp, Pemex announced. The board will maintain state-controlled Pemex's profitable exploration and production (E&P) division, but the company will consolidate...

China to invest $14 billion in Mexico, including $5 billion in the energy sector
China will invest $14 billion in Mexico's energy, mining, infrastructure, telecommunications, and tourism sectors after the two countries' governments signed 14 cooperation agreements to strengthen bilateral cooperation, the office of the president of Mexico...

PPG appoints former Comex CEO as v.p./architectural coatings in Mexico
PPG Industries says that Marcos Achar Levy, previously CEO of Consorcio Comex (Mexico City), has been appointed v.p./architectural coatings, Mexico and CEO of PPG – Comex. Earlier this week, PPG completed the acquisition of Comex, an architectural...

PPG completes $2.3-billion acquisition of Comex
PPG Industries says it has completed the previously announced acquisition of Consorcio Comex (Mexico City), an architectural coatings company, in a transaction valued at $2.3 billion. Last week, Mexico’s Federal Economic Competition Commission approved...

PPG gains Mexican regulatory approval for Comex acquisition
Mexico’s Federal Economic Competition Commission (FECC) has approved PPG’s $2.3-billion acquisition of rival paint-maker Comex, clearing the way for the deal to close in the coming days. FECC – which nixed Sherwin-Williams’ proposed...

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