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CANADA

Methanex earnings down YOY, but beat estimates
Methanex (Vancouver, BC) reports third-quarter income of $52 million, down 40% year-over-year (YOY) from $87 million. Sales totaled $730 million, down 4% YOY from $758 million. Adjusted earnings of 69 cents/share beat the analysts’ consensus estimate of 64 cents/share compiled by Thomson Reuters....

IM Skaugen sells LPG/ethylene carrier to Canadian firm
IM Skaugen (IMS; Oslo), part of the Skaugen Group (Oslo), has agreed to sell liquefied petroleum gas (LPG)/ethylene carrier Norgas Napa to a subsidiary of Teekay (Vancouver) for $27 million. The 10,200-cubic meter carrier will be delivered to Teekay in...

Bayer CropScience acquires certain DuPont Crop Protection land management operations
Bayer CropScience and DuPont announced today the signing of an agreement for Bayer to purchase certain DuPont Crop Protection land management assets in the United States, Canada, Mexico, Australia and New Zealand. Closing of the transaction is expected in the...

Nova doubles third-quarter income
Nova Chemical reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.427 billion, up 13% YOY from $1.263 billion....

Johnson Matthey to acquire Clariant’s battery materials business for $75 million
Johnson Matthey says that it has entered into an agreement to acquire Clariant's battery materials business for $75 million. The transaction, which is expected to be completed in early 2015, covers all of the assets of Clariant’s energy...

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