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February 22, 2013
Toyoda Gosei (Aichi, Japan) is establishing a new company at Itapetininga, Brazil, to handle the production and sale of rubber and plastic components, Toyoda said today. The capital...
http://www.chemweek.com/regions/south_america/brazil/Toyoda-to-build-production-facility-in-Brazil_50015.html
February 22, 2013
DSM Pharmaceutical Products (Parsippany, NJ), the custom manufacturing and technology business of DSM, says it has signed a collaboration agreement with Chemtrix (Geleen, Netherlands)...
http://www.chemweek.com/regions/north_america/us/DSM-and-Chemtrix-join-forces-for-continuous-flow-chemistry-in-API-manufacturing_50014.html
February 21, 2013
Calgon Carbon says fourth-quarter net income significantly grew compared to the fourth quarter 2011—up 85%, to $9.1 million. Earnings per share of 16 cts/share were above analyst...
http://www.chemweek.com/regions/north_america/Calgon-Carbon-reports-strong-earnings-gain-in-fourth-quarter_49994.html
February 21, 2013
Under federal antitrust law, the damages could be tripled to $1.2 billion if the verdict is sustained...
http://www.chemweek.com/regions/north_america/Jury-orders-Dow-to-pay-$400-million-for-urethanes-price-fixing_49998.html
February 21, 2013
Tronox says that while the fourth quarter remained challenging, signs of recovery in titanium dioxide (TiO2) are an indicator of a stronger market in 2013. Net income was reported at a...
http://www.chemweek.com/regions/north_america/Tronox-reports-major-loss-in-earnings-as-mineral-sands-integration-continues_49997.html
February 21, 2013
BASF says that it has signed an agreement with Bend Research (Bend, OR) to jointly evaluate and develop novel excipients to enhance the solubility and bioavailability of poorly soluble...
http://www.chemweek.com/regions/north_america/us/BASF-and-Bend-Research-collaborate-to-improve-solubility-and-bioavailability-of-drugs_49992.html
February 21, 2013
The International Council of Chemical Associations (ICCA; Brussels) has objected to the findings of the recently published World Health Organization-United Nations Environment...
http://www.chemweek.com/regions/north_america/ICCA-UN-report-fails-to-meet-scientific-work-standards_49991.html
February 20, 2013
The European Union has adopted a 5-year antidumping duty on US bioethanol that will result in a €62.30/m.t. ($83.20) net tariff applied to imports. Bioethanol used in...
http://www.chemweek.com/regions/north_america/European-Union-sets-5-year-antidumping-tariff-on-US-origin-bioethanol_49972.html
February 20, 2013
Cereplast, a manufacturer of biobased plastics, has created a new subsidiary, Algaeplast, to focus on development and manufacturing of algae-based plastics. Cereplast announced plans...
http://www.chemweek.com/regions/north_america/Cereplast-creates-algae-bioplastics-subsidiary-Algaeplast_49971.html
February 20, 2013
Osterman & Company (Cheshire, CT), a global distributor of plastic resins, announced it has acquired Quimtec, a Costa Rican–based plastic resin distributor that serves...
http://www.chemweek.com/regions/north_america/Osterman-acquires-Costa-Rican-distribution-company_49969.html
February 19, 2013
Record ammonia shipments in the fourth quarter contributed to CF Industries’ increase in net earnings—up 7%, to $470.7 million year-on-year (YOY). Results include $13.1...
http://www.chemweek.com/regions/north_america/CF-Industries-reports-higher-earnings-on-increased-ammonia-volumes_49959.html
February 19, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped to 11 out of 20 this week. Thus, we are posting a yellow banner. Retail Sales up 0.1%; up 4.4% Y/Y Business...
http://www.chemweek.com/regions/north_america/ACCs-economic-outlook-for-the-week-ended-15-February-2013_49958.html
February 19, 2013
OM Group swung to a fourth-quarter loss of $34 million, or $1.06/share, compared with a profit of $53 million in the year-ago quarter, on weakness in its magnetic technologies business...
http://www.chemweek.com/regions/north_america/OM-Group-swings-to-loss-on-weak-magnetic-technologies-results-charges_49944.html
February 19, 2013
Rockwood’s fourth-quarter earnings declined 66% year-on-year (YOY), to $21.2 million, or 26 cts/share, on sales up 1.8%, to $829 million. Earnings for the 2012 fourth-quarter...
http://www.chemweek.com/regions/north_america/Rockwood-earnings-fall-on-weak-TiO2-additives-results_49942.html
February 19, 2013
Stepan (Northfield, IL) reports a 17% increase in fourth-quarter net income, to $15.4 million year-on-year (YOY). Net sales fell 4%, to $427 million, because of lower selling...
http://www.chemweek.com/regions/north_america/Stepan-reports-rise-in-net-income-drop-in-sales-for-fourth-quarter_49941.html
February 19, 2013
Codexis has signed an enzyme distribution agreement with Strem Chemicals (Newburyport, MA), a manufacturer of specialty chemicals for research and development. The agreement grants...
http://www.chemweek.com/regions/north_america/Codexis-and-Strem-Chemicals-sign-enzyme-distribution-agreement_49938.html
February 19, 2013
Petróleos de Venezuela SA (PDVSA; Caracas) says that repair work and preparation for restart are ongoing at its refinery site in El Palito, Puerto Cabello...
http://www.chemweek.com/regions/south_america/venezuela/Reports-El-Palito-complex-still-offline-contradicting-PDVSA-statement_49936.html
February 18, 2013
Solvay has confirmed CW’s exclusive report that it plans to exit its Latin American polyvinyl chloride (PVC) business Indupa. The company reported Indupa as “assets held...
http://www.chemweek.com/regions/south_america/brazil/Solvay-to-sell-Latin-American-PVC-business-Indupa_49926.html
February 15, 2013
Dow Chemical has launched a $1.5-billion share buyback program. The buyback does not have an expiration date. “Going forward, our three priorities for uses of cash will remain...
http://www.chemweek.com/regions/north_america/Dow-launches-$1-5-billion-share-buyback_49906.html
February 15, 2013
Chemicals sector rail traffic in the US increased 1.6% year-on-year (YOY) during the week ended 9 February, to 29,816 cars, according to the Association of American Railroads (AAR...
http://www.chemweek.com/regions/north_america/US-chemicals-rail-traffic-down-1-6-percent_49905.html
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