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October 23, 2014
Airgas reports a 6% year-over-year (YOY) increase in sales, to $1.36 billion for the quarter ended 30 September, with acquisitions, gas and rent, and hardgoods contributing to growth...
http://www.chemweek.com/home/top_of_the_news/Airgas-reports-4-percent-earnings-growth_64716.html
October 23, 2014
PotashCorp today reported third quarter net income of $317 million, down 10% year-over-year (YOY). The company says that although potash and nitrogen performance improved YOY, higher...
http://www.chemweek.com/home/top_of_the_news/PotashCorp-third-quarter-earnings-dip-on-lower-offshore-contributions_64715.html
October 23, 2014
Fluor Corp., in a joint venture with Technip, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities for the Petronas Refinery...
http://www.chemweek.com/home/top_of_the_news/Fluor-and-Technip-awarded-another-Rapid-contract-in-Malaysia_64704.html
October 23, 2014
Novozyme (Bagsvaerd, Denmark) reported a 12% increase in net profit during the third quarter, to 637 million Danish krone ($108.6 million) compared with DK568 million in the...
http://www.chemweek.com/home/top_of_the_news/Novozymes-upgrades-2014-outlook-net-profit-grows-12-percent-in-the-third-quarter_64703.html
October 23, 2014
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich (St. Louis), reports a 2.4% increase in sales in the third quarter of 2014 compared with the...
http://www.chemweek.com/home/top_of_the_news/SAFC-reports-rise-in-third-quarter-sales_64701.html
October 23, 2014
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, has announced a major increase in profits for the third quarter and...
http://www.chemweek.com/home/top_of_the_news/Petro-Rabigh-raises-profits_64700.html
October 23, 2014
BorsodChem (Kazincbarcika, Hungary) says it has started preparations to replace its 125,000-m.t./year mercury-cell chlor-alkali plant at Kazincbarcika with a membrane-cell plant. The...
http://www.chemweek.com/home/top_of_the_news/BorsodChem-launches-mercury-cell-chlor-alkali-plant-replacement-project_64699.html
October 23, 2014
PhosAgro (Moscow) today reported an increase in fertilizer output and sales during the first nine months of 2014. Production rose 5.6% to 4.59 million m.t. Sales were up 4.3% to 4.61...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-reports-higher-fertilizer-production-and-sales_64698.html
October 23, 2014
Asian Paints (Mumbai) said on Wednesday that its wholly owned subsidiary Berger International (Singapore) has signed a definitive agreement to acquire a 51% stake in the Ethiopian firm...
http://www.chemweek.com/home/top_of_the_news/Asian-Paints-signs-agreement-to-acquire-Ethiopian-firm-plans-to-invest-in-Indonesia_64697.html
October 23, 2014
Mesaieed Petrochemical Holding Co. (MPHC; Doha), a listed subsidiary of Qatar Petroleum and one of the leading diversified petrochemical conglomerates, reported a 1.38 billion Qatari...
http://www.chemweek.com/home/top_of_the_news/Mesaieed-Petrochemical-Holding-discloses-interim-financial-statement_64642.html
October 23, 2014
Sipchem today reported a 13% decrease in third-quarter net profit to 160.6 million Saudi riyals ($42.8 million) and a 15% drop in operating profit to SR270.0 million. Sales were not...
http://www.chemweek.com/home/top_of_the_news/Sipchems-third-quarter-profits-slide_64638.html
October 23, 2014
BASF today appointed Sanjeev Gandhi, 47, to the board of executive directors, effective 1 December 2014. Gandhi, currently head of BASF’s intermediates division, will replace...
http://www.chemweek.com/home/top_of_the_news/BASF-shuffles-executive-board-as-one-member-retires_64695.html
October 23, 2014
Private equity firms are mulling possible offers for Bayer MaterialScience (BMS), the German life science company’s major polyurethanes and polycarbonates business, according to...
http://www.chemweek.com/home/top_of_the_news/Report-Private-equity-firms-eyeing-Bayer-MaterialScience_64694.html
October 23, 2014
Sabic confirmed today that a project announced in November 2012 to build a styrene monomer, propylene oxide and polyols complex by Saudi Petrochemical Co. (Sadaf), a joint venture with...
http://www.chemweek.com/home/top_of_the_news/Sabic-confirms-cancelation-of-Sadaf-POSM-polyols-project_64693.html
October 22, 2014
The sharp drop in crude oil prices has increased near-term volatility, but will not stop ethylene margins from marching toward a peak over the next two years, say Dow officials....
http://www.chemweek.com/home/top_of_the_news/Lower-crude-prices-wont-cut-off-ethylene-margins-at-the-peak-Dow-says_64692.html
October 22, 2014
Albemarle today reported third-quarter net income from continuing operations down 9.6% year-on-year (YOY), to $88 million, or 93 cts/share, on sales up 9%, to $642.4 million. Adjusted...
http://www.chemweek.com/home/top_of_the_news/Albemarle-earnings-beat-estimates-on-strong-catalysts-results_64691.html
October 22, 2014
A. Schulman today reported fiscal fourth-quarter net income of $15.2 million, compared with a net loss of $2.7 million in the year-ago quarter, on sales up 16.8% year-on-year (YOY), to...
http://www.chemweek.com/home/top_of_the_news/Schulman-earnings-beat-estimates-on-solid-sales-increases_64690.html
October 22, 2014
BASF's business in India (Mumbai) reports sales of 12.1 billion Indian rupees ($197.3 million) in the quarter ended 30 September compared with Rs10.6 billion in the year-earlier...
http://www.chemweek.com/home/top_of_the_news/BASF-profits-in-India-hit-by-precommissioning-costs-adverse-weather_64661.html
October 22, 2014
Yara International (Oslo) announced today that it will spend 2.25 billion Norwegian kroner ($350 million) to increase fertilizer capacity at its Porsgrunn, Norway, site. The...
http://www.chemweek.com/home/top_of_the_news/Yara-to-expand-fertilizer-capacity-in-Norway-and-Finland_64658.html
October 22, 2014
Polymer resins producer Nuplex Industries (Auckland, New Zealand) today announced that it has agreed to sell its agency and distribution business and plastic additives business to...
http://www.chemweek.com/home/top_of_the_news/Nuplex-to-sell-agency-and-distribution-masterbatch-businesses-to-Axieo-for-$113-million_64657.html
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