IHS Chemical Week

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Canada (775)


PotashCorp earnings down YOY, but above guidance
PotashCorp reported its second quarter results today—showing strong segment results, though, overall trailing behind the same quarter 2013. Net income dropped 26% YOY, to $472 million with earnings per share of 56 cts/share rising above analyst...

CB&I to market Versalis's LDPE and EVA technologies in North America
ENI (Rome) announced today that its chemicals production subsidiary Versalis (Milan) has signed a cooperation agreement with CB&I under which CB&I will market and provide engineering services for Versalis’ low-density polyethylene (LDPE) and...

Maverick Synfuels and Petrostar form JV for small methane-to-methanol plants in Canada
Maverick Synfuels (Research Triangle Park, NC), a leader in alternative chemicals and fuels production technology; and Petrostar Petroleum (Nanton, AL), an oil and gas exploration company, have formed the Maverick Northstar joint venture to facilitate...

Vinmar signs biobased succinic acid offtake deal with BioAmber
Renewable chemicals firm BioAmber (Minneapolis) today announced that it has signed a 210,000-m.t./year take-or-pay contract for biobased succinic acid with Vinmar International.  Under the terms of the 15-year master off-take agreement, Vinmar has...

BioAmber receives $6.6-million grant for Sarnia plant
Biobased succinic acid firm BioAmber Inc. (Minneapolis) says that its Canadian subsidiary BioAmber Sarnia Inc., a joint venture with Mitsui & Co., has secured a CDN $7 million ($6.6 million) grant from Sustainable Development Technology Canada...

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