IHS Chemical Week

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U.S. (11711)


U.S.

Dow to merge chlor-alkali and derivatives with Olin in deal valued at $5 billion
Dow Chemical and Olin (Clayton, MO) have entered into a definitive agreement under which Dow merge its chlor-alkali and derivatives business with Olin in a transaction valued at $5 billion. The terms of the agreement call for Dow to separate its US Gulf Coast...

AbbVie to invest in biopharma expansion in Puerto Rico
AbbVie is to invest $30 million at one of its manufacturing sites in Puerto Rico. The expansion will add to Puerto Rico’s capabilities as a manufacturing destination for biotechnology and is expected to create up to 100 new jobs over the next two years...

CPChem begins start-up at Texas ethylene unit
ChevronPhillips Chemical (CP Chem) began a start-up event from its shutdown Ethylene Unit 33 at its Sweeny, Texas, facility, according to a filing with state regulators on Thursday.    In a filing with the Texas Commission on Environmental Quality...

H.B. Fuller earnings fall on currency, full-year guidance reaffirmed
H.B. Fuller has reported fiscal first-quarter net income down 34% year-on-year (YOY), to $9.7 million, or 19 cts/share, on net revenue down 3.2%, to $470.7 million. Adjusted earnings fell 39% YOY, to 30 cts/share. Revenues fell largely because of negative...

CB&I, Chiyoda, and Zachry consortium awarded contract for LNG liquefaction and export facility
A consortium comprising CB&I, Chiyoda International, and Zachry Group today announced the award of a contract valued in excess of $2 billion by FLNG Liquefaction 3 (Freeport LNG) for the engineering, procurement, and construction of the third train of the...

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