IHS Chemical Week

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Displaying 41 - 60 of 14264 stories.
July 30, 2015
Quaker Chemical (Conshohocken, PA) says that it has acquired Verkol (Bera, Spain), a leading specialty grease and lubricants manufacturer and marketer based in Northern Spain, for...
http://www.chemweek.com/regions/north_america/us/Quaker-acquires-specialty-grease-and-lubricants-manufacturer-in-Spain_72557.html
July 30, 2015
Cambrex (East Rutherford, NJ) reports net profits of $19.66 million for the second quarter of 2015, which is unchanged compared with the second quarter of 2014. Second-quarter sales...
http://www.chemweek.com/regions/north_america/us/Cambrex-reports-flat-profits_72554.html
July 30, 2015
Reliance Industries (Mumbai) is contemplating the sale of its shale gas holdings in the United States, according to Indian press reports. Reliance, in response to a request...
http://www.chemweek.com/regions/north_america/Reliance-Industries-to-offload-US-shale-gas-business_72546.html
July 29, 2015
Ashland today reported fiscal third-quarter net income of $107 million, or $1.56/share, up 8.1% year-on-year (YOY), on sales down 14.9%, to $1.37 billion. Adjusted earnings from...
http://www.chemweek.com/regions/north_america/Ashland-earnings-rise-despite-lower-sales_72542.html
July 29, 2015
US propylene stocks were higher in the week that ended on 24 July, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene stocks were...
http://www.chemweek.com/regions/north_america/US-propylene-stocks-up-last-week_72525.html
July 29, 2015
During the week ended 25 July, chemical railcar traffic in North America increased 1.6% year-over-year (YOY) on strong gains in Canada. For all of North America, chemical railcar traffic during the week totaled 42,019 carloads, up 0.6% from the previous week, according to data released on 29 July by the Association of American Railroads (AAR) https://www.aar.org/. For the year to date, chemical railcar traffic in North America is up 0.4%, versus a 3.5% decrease in all railcar traffic, according to the AAR....
http://www.chemweek.com/regions/north_america/Canada-loadings-drive-gain-in-N-America-weekly-chemical-rail_72526.html
July 29, 2015
Chemtura posted second-quarter net income of $18 million, down 58% from the same year-ago quarter due mainly to the sale of its agrochemicals business. Net sales were $454 million, down 24%. The company says its core segments, which exclude agrochemical manufacturing, posted a strong quarter with adjusted Ebitda of $60 million, up 13% YOY....
http://www.chemweek.com/regions/north_america/us/Chemtura-earnings-fall-on-sale-of-agchems_72539.html
July 29, 2015
Ferro today reported second-quarter net income down 34.0% year-on-year (YOY), to $6.6 million, on sales down 8.8%, to $268.2 million. Net income was impacted by restructuring charges...
http://www.chemweek.com/regions/north_america/Ferro-falls-short-of-estimates-cuts-guidance_72541.html
July 29, 2015
Huntsman reports net income of $29 million for the second quarter, down 76% year-on-year (YOY). Sales totaled $2.74 billion, down 8.2% YOY from $2.99 billion on lower selling prices and sales volume as well as currency effects. Adjusted earnings of 63 cts/share increased 6.8% YOY and beat analysts’ consensus estimate of 55 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/Huntsman-earnings-beats-consensus-despite-lower-prices-volume_72517.html
July 29, 2015
Chevron confirmed Wednesday that it will cut its workforce by 1,500 positions across multiple operating units and its corporate center  to reduce costs amid current market...
http://www.chemweek.com/regions/north_america/Chevron-to-cut-1500-jobs-due-to-market-conditions_72523.html
July 29, 2015
Univar posted a second-quarter net loss of $12.4 million due mainly to expenses related to the company’s initial public offering and debt repayment. The negative impact on a...
http://www.chemweek.com/regions/north_america/us/Univar-posts-loss-on-IPO-expense-currency-impacts_72524.html
July 29, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has acquired Scandia Citrus (Lakeland, FL), which specializes in the R&D, manufacture, and...
http://www.chemweek.com/regions/north_america/us/Frutarom-acquires-Florida-based-Scandia-Citrus_72504.html
July 29, 2015
Praxair today reported second-quarter net income down 34% year-on-year (YOY), to $308 million, or $1.06/share, on sales down 12%, to $2.74 billion. Earnings were hit by negative...
http://www.chemweek.com/regions/north_america/Praxair-earnings-fall-short-of-estimates-on-weakness-in-energy_72521.html
July 29, 2015
W.R. Grace reports second-quarter net income declined 57.9% year-on-year (YOY), to $57.5 million. The prior-year quarter included a tax benefit of $53.2 million, while the 2015 quarter...
http://www.chemweek.com/regions/north_america/Grace-beats-estimates-narrows-guidance_72518.html
July 29, 2015
Dow Corning, a 50-50 joint venture between Dow Chemical and Corning, reports second-quarter net income increased 3.7% year-on-year (YOY), to $113 million, on sales down 5.3% YOY, to...
http://www.chemweek.com/regions/north_america/Silicones-lift-Dow-Corning-profits_72519.html
July 29, 2015
Solvay says that it has signed a definitive agreement to acquire Cytec Industries (Woodland Park, NJ) for $75.25/share in cash, or a total of $5.5 billion. The transaction price per...
http://www.chemweek.com/regions/north_america/us/Solvay-to-acquire-Cytec-for-$6-4-billion_72499.html
July 29, 2015
Westlake Chemical Partners (WLKP; Houston ) filed comments on 28 July with the IRS arguing against proposed regulations that would not allow master limited partnerships (MLPs) based on the steam cracking of natural gas liquids....
http://www.chemweek.com/regions/north_america/Westlake-Chemical-Partners-files-comments-with-IRS-on-proposed-MLP-regulations_72496.html
July 29, 2015
Total is looking for a partner to take a 50% stake in the company's Port Arthur, TX, refinery, according to Reuters. The Reuters report cites “a source familiar with the matter." Downstream petrochemical assets at Port Arthur would not form part of the deal, says the report....
http://www.chemweek.com/regions/north_america/Report-Total-seeks-50-percent-partner-in-Port-Arthur-refinery_72495.html
July 28, 2015
A tight market may prompt US purified terephthalic acid (PTA) consumers to look at Asia as an alternative for para-xylene (PX), according to IHS Chemical. Discussions have emerged this...
http://www.chemweek.com/regions/north_america/Asia-p-xylene-market-emerges-as-likely-candidate-for-alternative-to-US-consumers_72295.html
July 28, 2015
SGL Group (Wiesbaden, Germany) on Monday concluded an agreement with Toronto-listed Avcorp Industries to sell its subsidiary Hitco Carbon Composites USA. Hitco Carbon Composites...
http://www.chemweek.com/regions/north_america/SGL-sells-Hitco-Carbon-Composites-business-to-Avcorp-Industries_72301.html
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