IHS Chemical Week

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May 3, 2016
Braskem has appointed Fernando Musa as its next CEO. The company's board will approve the appointment 4 May. Musa succeeds Carlos Fadigas, who has moved to a new role within...
May 3, 2016
Trinseo reported sharply higher first-quarter earnings and lifted its full-year 2016 forecast on improved market conditions in styrenics and polycarbonate. Trinseo reported net income of $77 million, up 103% year-on-year (YOY). Revenue fell 12%, to $894 million, driven by the pass through of lower raw material costs, lower sales volume to the Europe polystyrene and Asia performance plastics markets, as well as negative currency impacts. Reported adjusted earnings were $1.62/share, up 102% YOY and 20% above the average analyst estimate as reported by Thomson Reuters (New York)....
May 3, 2016
Univar has appointed former PolyOne CEO Stephen Newlin as its next president and CEO, effective 31 May. Newlin, who has served on Univar’s board since 2014, replaces Erik Fyrwald...
May 3, 2016
Univar reports net income of $14 million for the first quarter, ended March 31, down 29% year-on-year (YOY). Net sales decreased 13% YOY, to $1.9 billion, from $2.3 billion, largely...
May 3, 2016
Renewable succinic acid firm BioAmber (Minneapolis) reports a first-quarter net loss of $12.5 million, compared with a net loss of $9.1 million in the year-ago quarter, on costs...
May 3, 2016
Westlake Chemical Partners, a master limited partnership (MLP) affiliated with Westlake Chemical, reports first-quarter net income attributable to the partnership up 42% year-on-year...
May 3, 2016
BioNitrogen Holdings Corp. (West Palm Beach, FL), a cleantech company with technology that converts biomass into urea fertilizer, says board chairman Carlos Contreras and member Mario...
May 3, 2016
OCI NV (Amsterdam), the fertilizer and methanol producer merging some of its operations with those of CF Industries, has reported its full-year 2015 results and given an update on its...
May 3, 2016
Metso (Helsinki) announced on 3 May that it has entered into a five-year, long-term services partnership agreement with Tata Chemicals (Mumbai) to repair, rebuild, and service existing...
May 3, 2016
BASF said on Monday that it has sold its former sterols manufacturing facility in Pasadena, TX, to Trecora Chemical (TC), a wholly owned subsidiary of Trecora Resources, a maker of...
May 3, 2016
Olin (Clayton, MO) reports a net loss of $37.9 million for the first quarter, up from the year-ago period’s loss of $62.7 million. Sales totaled $1.35 billion, a pro forma increase of 6.4% year-on-year but lower than the the average analyst estimate of $1.43 billion compiled by Thomson Reuters (New York). The loss of 23 cts/share falls well short of the average analyst estimate of a 12-ct/share profit....
May 3, 2016
Westlake Chemical Corp. (Houston) reports net income of $123.1 million for the second quarter, ended March 31, down 16% year-on-year (YOY). Net sales decreased 12% YOY, to $975.2...
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