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April 30, 2013
Stepan (Northfield, IL) reports a drop in earnings and sales for the first quarter 2013. The company's net income of $19 million decreased 15% year-on-year (YOY) because of...
http://www.chemweek.com/regions/north_america/Stepan-reports-drop-in-earnings-on-low-volumes_51601.html
April 30, 2013
Ecolab’s first-quarter net income rose 221% year-on-year (YOY), to $159.6 million, on sales up 2%, to $2.87 billion. Excluding special charges—which had a major impact in...
http://www.chemweek.com/regions/north_america/Ecolab-earnings-rise-on-margin-gains_51600.html
April 30, 2013
Stepan says it has reached an agreement with Bayer MaterialScience to acquire the North American polyester resins business, including a production facility located at Columbus...
http://www.chemweek.com/regions/north_america/us/Stepan-to-acquire-Bayers-North-American-polyester-resins-business-Updated_51594.html
April 30, 2013
Mexichem (Tlalnepantla, Mexico) reports a net profit of 836 million Mexican pesos ($69 million) during the first quarter of this year, down 54% from the peso1.8 billion reported during...
http://www.chemweek.com/regions/north_america/Mexichems-net-profit-drops-54-percent-during-the-first-quarter_51593.html
April 30, 2013
Vale (Rio de Janeiro) has signed an agreement with the Argentinean government and trade unions, allowing the company to quit the Rio Colorado potash project in the province of Mendoza...
http://www.chemweek.com/regions/south_america/brazil/Reports-Vale-signs-agreement-to-exit-Argentina-potash-project_51546.html
April 30, 2013
University of Wisconsin–Madison (Madison, WI) chemists have identified an approach to using oxygen gas to convert lignin, a by-product of biofuel production, into a form...
http://www.chemweek.com/regions/north_america/U-of-Wisconsin-Madison-researchers-identify-way-to-transform-biomass-waste-into-biobased-chemical-feedstock_51589.html
April 30, 2013
Air Products announced it has received a liquefied natural gas (LNG) heat exchanger order for a liquefaction project at Lusby, MD. The company will supply its LNG liquefaction...
http://www.chemweek.com/regions/north_america/Air-Products-to-supply-LNG-exchanger-for-Cove-Point-liquefaction-project-in-Maryland_51566.html
April 29, 2013
International Flavors & Fragrances (IFF) and Amyris (Emeryville, CA) says they have agreed to a multi-year collaboration to jointly develop and commercialize a set of biobased...
http://www.chemweek.com/regions/north_america/IFF-Amyris-sign-biobased-fragrance-ingredients-pact_51582.html
April 29, 2013
MACROECONOMIC STATUS Our running tab of positive indicators rose by one to 15 out of 20 this week. Thus, we continue to post a green banner. Existing home sales down 0.6%; up 10.3%...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-26-April-2013_51565.html
April 29, 2013
KMG Chemicals has agreed to acquire OM Group’s electronic chemicals business in a $60-million deal, the company says. The business, known within OM Group as ultrapure chemicals...
http://www.chemweek.com/regions/north_america/KMG-to-acquire-OM-Groups-electronic-chemicals-business_51564.html
April 29, 2013
Late winter snow helped sales and earnings for Compass Minerals, which reported several increases today in its first-quarter results. Net income grew 16% year-on-year (YOY), to $46.6...
http://www.chemweek.com/regions/north_america/Compass-Minerals-reports-sales-surge-due-to-late-winter-snow_51561.html
April 29, 2013
Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The...
http://www.chemweek.com/regions/north_america/Pemexs-petchem-production-volume-falls-7-1-percent-during-the-first-quarter_51558.html
April 29, 2013
ICA Fluor, the construction joint venture of Empresas ICA and Fluor, announced today that it has been awarded a contract for the construction of a new titanium dioxide (TiO2)...
http://www.chemweek.com/regions/north_america/ICA-Fluor-awarded-titanium-dioxide-contract-from-DuPont-in-Mexico_51557.html
April 29, 2013
Potash Minerals (West Perth, Australia) has been awarded a potash exploration permit for its K2O Utah Hatch Point exploration project by the US Bureau of Land Management (Washington)...
http://www.chemweek.com/regions/north_america/Australias-Potash-Minerals-awarded-exploration-permit-for-Utah-project_51552.html
April 29, 2013
The Chicago Mercantile Exchange (CME; Chicago) has launched nine new futures contracts for Renewable Identification Numbers (RIN), the group has announced. The new RINs contracts...
http://www.chemweek.com/regions/north_america/Chicago-Mercantile-Exchange-to-launch-9-new-biofuel-futures-contracts_51550.html
April 29, 2013
Bayer HealthCare has signed a merger agreement with Conceptus (Mountain View; CA), the developer of the Essure procedure—a leading nonsurgical, permanent birth-control...
http://www.chemweek.com/regions/north_america/Bayer-to-acquire-birth-control-firm-Conceptus-for-$1-1-billion_51545.html
April 26, 2013
Brazil has proposed a set of tax cuts to boost its petrochemical and ethanol sectors, according to a statement from the Finance Ministry (Brasilia) issued on 24 April. One of the...
http://www.chemweek.com/regions/south_america/brazil/Brazil-cuts-taxes-to-support-petchem-and-ethanol-makers_51495.html
April 26, 2013
The catastrophic explosion at a Texas fertilizer facility has raised renewed concerns about plant safety....
http://www.chemweek.com/regions/north_america/Texas-fertilizer-disaster-raises-safety-regulatory-concerns_51489.html
April 26, 2013
Specialty chemical makers generally posted earnings declines as economic weakness dragged down results. Coatings makers were an exception, as the rebound in the North American...
http://www.chemweek.com/regions/north_america/Specialty-earnings-mostly-down-on-soft-economy_51488.html
April 26, 2013
Jana Partners (New York), an activist investor that agitated for the breakup of Agrium last fall, has purchased a 7.4% stake in Ashland, according to a regulatory filing. While Jana...
http://www.chemweek.com/regions/north_america/Activist-investor-buys-Ashland-stake_51487.html
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