IHS Chemical Week

Regions :: North America :: U.S.

U.S. (12183)


Formosa to add PP capacity at Point Comfort
Formosa Plastics Corp. USA, a Formosa Plastics Corp. (Kaohsiung, Taiwan) subsidiary, will build an additional polypropylene (PP) production line at its Point Comfort, TX, site. It will be the first new PP production facility to be built in the United States...

Trade agenda moves forward, but don't forget the miscellaneous tariff bill
As we’ve watched TPA and Trade Adjustment Assistance (TAA) pass in both the House and Senate in recent days, we’ve heard little or no mention of the Miscellaneous Tariff Bill, legislation that temporarily suspends a duty on an imported raw material that is not available in the United States....

Molycorp gains court approval for interim bankruptcy financing from Oaktree
Molycorp has received approval from the US Bankruptcy Court on $22 million in interim debtor-in-possession (DIP) financing provided by Oaktree Capital Management. Molycorp filed for Chapter 11 bankruptcy protection on 25 June to restructure $1.7 billion in...

Ashland to acquire AkzoNobel's biofunctional technology
Ashland has reached a deal to acquire AkzoNobel’s biomaterials technology. The technology selectively isolates desired components from living plants and marine sources to produce biofunctional ingredients. Targeted cellular fractions are gently...

US June ethylene contract settles lower
The US June ethylene contract settled at 33.75 cents/lb late yesterday, losing 0.75 cts/lb from the May contract price of 34.50 cts/lb. The decline reflects low feedstock costs and ample supply in the US, and has followed price direction from the spot market...

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