IHS Chemical Week

Regions :: North America

U.S. (10913)

Canada (801)

Mexico (374)


U.S.

Agrium expects flat third-quarter earnings
Agrium today said it expects third-quarter earnings to total 45-55 cts/share, roughly flat compared with the year-ago quarter. The company also said that fourth-quarter earnings should be similar to fourth-quarter earnings in 2013, which totaled 66 cts/share...

Platform closes purchase of Agriphar
Platform says it $1-billion purchase of Chemtura AgroSolutions is 'on schedule to close next month.'...

Bayer closes $14.2-billion acquisition of Merck & Co.'s consumer-care business
Bayer today completed acquiring the consumer-care business of Merck & Co.(Whitehouse Station, NJ). The transaction closed following the receipt of required antitrust approvals. "This acquisition is a milestone for Bayer, and we intend to continue the...

Oxea lifts force majeure on Bay City oxo intermediates

Oxea (Dallas) has lifted force majeure on oxo intermediates produced at its Bay City, TX, facility. “The plant repairs have been completed successfully, and the facility is running at full rates,” the company says. “All sales controls that were in place have now been lifted.”

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At GPS, a positive outlook for plastics but risks remain
As a manufacturing sector, plastics has outpaced its counterparts in terms of economic growth since the 1980s. The industry looks poised to continue this trend too, as a panel of economic and plastics experts testified this morning at the Global Plastics Summit (GPS) in Chicago, hosted jointly by IHS and SPI....

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CANADA

Agrium expects flat third-quarter earnings
Agrium today said it expects third-quarter earnings to total 45-55 cts/share, roughly flat compared with the year-ago quarter. The company also said that fourth-quarter earnings should be similar to fourth-quarter earnings in 2013, which totaled 66 cts/share...

Bayer closes $14.2-billion acquisition of Merck & Co.'s consumer-care business
Bayer today completed acquiring the consumer-care business of Merck & Co.(Whitehouse Station, NJ). The transaction closed following the receipt of required antitrust approvals. "This acquisition is a milestone for Bayer, and we intend to continue the...

Cabot, Westmoreland Coal to double capacity at Canada activated carbon site
Cabot and Westmoreland Coal (Englewood, CO) say they are doubling capacity of activated carbon, to 70 million pounds, at their jointly owned site at Bienfait, SK. The new capacity will be online in 2016. The facility, which is operated by Westmoreland, is...

BASF appoints CCC as distributor of its water solutions portfolio in Canada
BASF's Canada business and Canada Colors and Chemicals (CCC; Toronto) have entered into an exclusive agreement to distribute BASF’s water solutions portfolio in the country. The agreement is effective 1 October 2014 for western Canada and the Maritime...

BASF names Canadian distributor for water treatment products
BASF has named Canada Colors and Chemicals (CCC; Toronto) exclusive distributor for the company’s water treatment products in Canada. The agreement takes effect on 1 October for Western Canada and the Maritime Provinces, and on 1 January 2015 for the...

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MEXICO

Pemex, Petronas agree to cooperate on natural gas infrastructure projects in Mexico
Petróleos Mexicanos (Pemex; Mexico City) and Petronas (Kuala Lumpur) have signed a memorandum of understanding (MOU) to analyze mutually beneficial business opportunities in Mexico, Pemex says. The MOU covers activities related to the potentially...

Mexichem's acquisition of HDPE pipe maker closes
Mexichem’s $630-million acquisition of high-density polyethylene pipe maker Dura-Line has closed, says investment bank Lincoln International (Chicago), which advised Dura-Line on the deal. The acquisition was announced last month. Dura-Line, which is...

Samsung Engineering awarded refinery project in Mexico
Samsung Engineering announced today that it has been awarded a contract by Petróleos Mexicanos (Pemex; Mexico City) for its Salamanca refinery project, which will be executed in two phases. Phase one will include detail engineering and procurement of...

Pemex awarded all of the proven and possible reserves it requested in Mexico's energy reform
Sener, Mexico's ministry of energy; and the National Hydrocarbons Commission (Mexico City) have assigned to Petróleos Mexicanos (Pemex) the rights to 83% of the country's probable and proven (2P) oil and gas reserves, Sener announced. These represent...

Mexico passes energy reform
The president of Mexico, Enrique Peña Nieto, has signed the country's energy reform bill into law, the president's office says. The law preserves and guarantees state ownership of Petróleos Mexicanos (Pemex; Mexico City) and the Comisión...

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