IHS Chemical Week

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Displaying 121 - 140 of 13847 stories.
May 1, 2015
KMG Chemicals said today it has completed the acquisition of Valves Incorporate of Texas (Val-Tex; Houston), which was announced in early April, for $23.7 million in cash plus 606,875...
http://www.chemweek.com/regions/north_america/KMG-completes-Val-Tex-acquisition_70024.html
May 1, 2015
PolyOne reports first quarter net income of $70.1 million, up 24% year-over-year (YOY) from $56.4 million on double-digit increases in color and engineered materials. Sales totaled $873 million, down 13% YOY. Adjusted earnings of 46 cts/share were up 5% YOY....
http://www.chemweek.com/regions/north_america/us/PolyOne-net-income-up-sales-down-on-destocking_70007.html
April 30, 2015
Huntsman reports first-quarter net income of $5 million, down 91% year-over-year (YOY). Revenues fell 6% YOY to $2.6 billion. Adjusted earnings increased 21% YOY to 40 cts/share, beating the analysts’ consensus estimate of 28 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/us/Huntsman-net-income-down-but-beats-consensus_70009.html
April 30, 2015
The May US benzene contract settled on Thursday at an increase for May over the April settlement, in line with market expectations. The May contract, which represented the third...
http://www.chemweek.com/regions/north_america/US-benzene-contract-moves-up-third-straight-month_70002.html
April 30, 2015
Earnings from acquired businesses and lower raw material costs helped Eastman Chemical offset lower earnings in its fibers business, an unfavorable shift in foreign currency exchange...
http://www.chemweek.com/regions/north_america/Eastman-beats-estimates-acquisitions-lift-sales_70008.html
April 30, 2015
Methanex reports first-quarter net income of $9 million, down 94% year-over-year (YOY) from $145 million. Sales totaled $577 million, down 40% YOY from $968 million. Adjusted earnings of 23 cts/share fell short of the analysts’ consensus estimate of 40 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/canada/Methanex-earnings-down-on-pricing-and-volume-miss-estimates_69998.html
April 30, 2015
CP Kelco (Atlanta, GA) has received approval from the board to build a new, world-scale processing plant in Latin America for dry citrus peel. Citrus peel is the core raw material used...
http://www.chemweek.com/regions/north_america/CP-Kelco-to-build-dry-citrus-processing-in-Latin-America_69989.html
April 30, 2015
DuPont and textile company Kolon Industries (Gyeonggi-Do, South Korea) today reached an agreement settling a legal dispute over Kolon’s alleged infringement of DuPont’s...
http://www.chemweek.com/regions/north_america/DuPont-Kolon-settle-Kevlar-trade-secrets-case_70001.html
April 30, 2015
Air Products reports net income of $290 million for the quarter ended 31 March, up 2% year-on-year (YOY). Earnings gains in the Americas, Asia, and performance material offset the impact of weaker European results and negative currency impacts. Sales of $2.4 billion were down 6% YOY. The company says reported adjusted earnings were $1.55/share, up 17% YOY and line with analyst estimates....
http://www.chemweek.com/regions/north_america/us/Air-Products-net-income-up-2-percent-as-stronger-materials-and-Asia-results-offset-currency-impact_69976.html
April 30, 2015
Westlake Chemical Partners (Westlake Partners; Houston) has acquired approximately 2.7% of additional limited partner interest in Westlake Chemical OpCo (OpCo) for approximately $135...
http://www.chemweek.com/regions/north_america/Westlake-Partners-increases-interest-in-cracker-pipeline-affiliate-establishes-credit-facility_69970.html
April 30, 2015
Quaker Chemical has announced net sales of $181.3 million in first-quarter 2015 compared with $181.7 million in first-quarter 2014. Year-on-year (YOY) volume growth, including...
http://www.chemweek.com/regions/north_america/Quaker-Chemical-volumes-grow-but-sales-Ebitda-fall-on-foreign-currency-effects_69966.html
April 30, 2015
Trecora Resources (Sugar Land, TX) has announced revenue of $55.1 million in first-quarter 2015, compared with $64.1 million in the year-ago quarter, a decrease of 14% year-on-year...
http://www.chemweek.com/regions/north_america/Trecora-Resources-reports-improved-profitability-on-lower-sales-in-first-quarter_69974.html
April 30, 2015
OM Group has reported a first-quarter net loss of $11.0 million, or 36 cts/share compared with a profit of $5.2 million in the year-ago quarter. Sales declined 5.3% year-on-year (YOY)...
http://www.chemweek.com/regions/north_america/OM-Group-swings-to-loss-on-restructuring-charges_69988.html
April 30, 2015
CO2 Solutions (Quebec City) has presented the results of pilot testing of its carbon capture process, completed in January 2015. The company says that the detailed results presented...
http://www.chemweek.com/regions/north_america/CO2-Solutions-presents-results-of-carbon-dioxide-capture-testing-beats-DOE-cost-target-10-years-ahead-of-schedule_69987.html
April 30, 2015
Phillips 66 reports that its chemicals segment, a 50% equity investment in Chevron Phillips Chemical (CPChem; The Woodlands, TX), turned in first-quarter earnings of $203 million, down 36% year-over-year (YOY) from $316 million. The company also described progress on capital projects....
http://www.chemweek.com/regions/north_america/us/CPChem-earnings-down-36-percent-YOY_69984.html
April 30, 2015
LyondellBasell told analysts at an investor meeting in New York on 29 April that announced expansion projects have the potential add $1.5 billion in incremental earnings before interest, taxes, depreciation and amortization (Ebitda) once completed in 2019 based on current market economics....
http://www.chemweek.com/regions/north_america/us/LyondellBasell-says-projects-will-add-$1-5-billion-in-Ebitda-by-2019_69986.html
April 30, 2015
Proxy advisory firm Glass Lewis (San Francisco) has backed Trian founder and CEO Nelson Peltz in his bid for a seat on DuPont’s board of directors. Trian, which owns a...
http://www.chemweek.com/regions/north_america/Glass-Lewis-backs-Peltz-in-bid-for-DuPont-board-seat_69985.html
April 30, 2015
Kraton Performance Polymers reports a first-quarter net loss of $9.5 million, down from a net loss of $7.9 million in the year-ago period. Revenue fell 16% year-over-year (YOY) to $261.4 million. Adjusted earnings more than doubled YOY, to $49.2 million, or 76 cents/share, versus 33 cts/share in the year-ago period....
http://www.chemweek.com/regions/north_america/Kraton-reports-first-quarter-earnings-gains-on-butadiene-costs-net-loss-widens_69979.html
April 30, 2015
ExxonMobil reports first-quarter earnings for its chemical segment of $982 million, down 6% year-over-year (YOY) from $1.047 billion. Weaker results in the United States, where earnings declined 11%, to $605 million, more than offset stronger results abroad, where earnings increased 2.4%, to $377 million....
http://www.chemweek.com/regions/north_america/ExxonMobil-chemical-earnings-down-on-weaker-US-results_69977.html
April 30, 2015
Toray Industries today announced that it has established a new, wholly owned subsidiary based at Neu-Isenburg, Germany. The new company, Toray Resins Europe (TREU), was established...
http://www.chemweek.com/regions/north_america/us/Toray-establishes-subsidiary-in-Germany-expands-technical-center-in-US_69959.html
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