IHS Chemical Week

Regions :: North America

U.S. (11159)

Canada (820)

Mexico (387)


U.S.

ExxonMobil Chemical president Pryor to retire in January
ExxonMobil’s board is expected to name Neil Chapman, currently senior v.p./polymers, as Pryor’s successor, effective 1 January 2015....

Dow Chemical, Third Point reach agreement on board seats
Dow Chemical and hedge fund Third Point (New York) have reached an agreement on the composition of Dow’s board, averting a potential proxy fight for at least one year....

Commerce Dept. raises tariffs on steam-activated carbon from China
The US Dept. of Commerce has issued new tariffs on steam-activated carbon from China, says Calgon Carbon (Pittsburgh). The new tariffs, which range from 1.8 cts/lb to $1.10/lb, average 18 cts/lb, more than double the former average of 7 cts/lb, the company says....

NACD 2014: Reach for talent highlighted
The talent gap has been a widely discussed issue for the chemical manufacturer and distributor community alike, and progress in recruiting and retaining talent was highlighted at the NACD annual meeting, currently underway in Scottsdale, AZ. NACD announced...

NACD 2014: New board members, chairman named
NACD announced today at its annual meeting, currently underway in Scottsdale, AZ, that it has named Matthew Brainerd, vice chairman and president of Brainerd Chemical, the new chairman after current chairman Roger Harris retires from the position. Douglas...

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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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