IHS Chemical Week

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U.S. (10901)


U.S.

Reichhold files for bankruptcy, may sell US business to bondholders
Coatings and composites maker Reichhold Industries (Durham, NC) today filed for Chapter 11 bankruptcy protection in US Bankruptcy Court in the District of Delaware. As part of the filing, Reichhold will pursue a sale of its US business, with the...

Court affirms $1.06 billion judgment against Dow in polyurethanes class action
Dow Chemical has lost its bid to appeal the $1.06 billion award imposed in a class-action lawsuit over price fixing in the polyurethanes market....

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...

Styrolution completes transparent styrene copolymer projects
Styrolution says it will begin production of NAS and Zylar transparent styrene copolymers at a new plant in Ludwigshafen, Germany, in early October. The company has already begun production of NAS in Decatur, AL....

Moody's: Chemicals M&A to remain strong, often credit-positive, through 2015
Credit ratings agency Moody’s Investors Service (New York) expects robust chemicals mergers and acquisitions (M&A) to remain in place at least through the middle of next year, while many deals – including deals involving high-yield issuers...

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