IHS Chemical Week
SERVICES

Cytec beats estimates on solid volumes

Cytec today reported first-quarter earnings up 57% year-on-year (YOY), to $55.9 million, or $1.52/share, on sales up 2.5%, to $489 million. Adjusted earnings totaled $1.42/share, beating analysts’ consensus estimate of $1.33/share, as reported by...

ThyssenKrupp to supply fertilizer plant to Hungary

ThyssenKrupp's industrial solutions segment announced today that it has been awarded a fertilizer plant contract by Nitrogénmüvek, a Hungarian producer of fertilizers. The contractor will deliver a granulation plant with a capacity of 1,550...


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Engineering & Construction

Shaw Awarded Contract for Ethylene Expansion in Turkey

The client is Petkim Petrokimiya....

Transportation

ACC, CI sue to stop railroad from imposing new shipping restrictions

The Chlorine Institute and ACC have asked the US District Court for the District of Minnesota to prevent Canadian Pacific Railway from imposing a restrictive new requirement on shippers of chlorine and other toxic inhalation hazard materials. The Fertilizer Institute has joined the complaint....

Distribution

Mosaic acquires ADM's fertilizer distribution businesses in Brazil and Paraguay

Mosaic agreed to acquire Archer Daniels Midland's (ADM) fertilizer distribution business in Brazil and Paraguay for $350 million. The price assumes the delivery of $150 million in working capital at closing, the company says. Under the agreement terms, Mosaic...

Information Technology

BASF to sell its third-party consulting business

BASF Services Holding, an indirect, wholly owned group company of BASF, says it is to sell its subsidiary BASF Services Consult (Hamburg) to Tech Mahindra (Düsseldorf), a subsidiary of Tech Mahindra (Pune, India). BASF Services Holding is to...

Environmental

Qatar Petroleum and UOP sign natural gas research agreement

Qatar Petroleum (QP) and UOP, a Honeywell company, have signed a joint research agreement into process optimization of carbon dioxide (CO2) and sulfur removal from natural gas, the companies announced today. The agreement was signed by Qatar’s...











 
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