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August 3, 2014
WeylChem (Frankfurt), part of International Chemicals Investors Group, has appointed Frank Wegener as president. Wegener is currently president of Kemira’s municipal &...
http://www.chemweek.com/home/top_of_the_news/WeylChem-appoints-Kemira-executive-as-president_62931.html
August 1, 2014
Leading engineering and construction firm Bechtel has announced the appointment of Brendan Bechtel as president and COO and member of the board of directors of Bechtel Group. He will...
http://www.chemweek.com/home/top_of_the_news/Bechtel-appoints-chairmans-son-as-president-and-COO_62932.html
August 1, 2014
Arkema has agreed to supply propylene from Enterprise Products Partners (Houston) as part of Arkema's procurement policy for key raw materials, the company announced today. The...
http://www.chemweek.com/home/top_of_the_news/Arkema-signs-propylene-procurement-agreement-with-Enterprise-in-the-US_62927.html
August 1, 2014
Wacker today reported a near doubling in second-quarter net profit and a major increase in sales in all its business segments. Net income rose 94.7%, to €29.4 million ($39.4...
http://www.chemweek.com/home/top_of_the_news/Wacker-raises-sales-and-earnings-confirms-forecast-upgrade_62926.html
August 1, 2014
Cambrex (East Rutherford, NJ) reports a more than eightfold increase in net profits for the second quarter of 2014 compared with the second quarter of 2013, to $19.66 million...
http://www.chemweek.com/home/top_of_the_news/Cambrex-reports-huge-rise-in-profits_62924.html
August 1, 2014
Mitsui Chemicals reports a 27.6% fall in net profits for the fiscal first quarter, ended 30 June, compared with the year-ago quarter, to ¥3.4 billion ($33 million). Sales in the...
http://www.chemweek.com/home/top_of_the_news/Mitsui-Chemicals-reports-fall-in-profits_62922.html
August 1, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits decreased by 46.8% in its fiscal first quarter, ended 30 June, compared with the year-ago quarter...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-reports-huge-fall-in-profits-closes-Kashima-cracker_62921.html
August 1, 2014
Asahi Kasei reports a 13.3% fall in net profits for the fiscal first quarter, ended 30 June, compared with the prior-year quarter, to ¥17.0 billion ($165 million). First-quarter...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-reports-fall-in-profits_62920.html
August 1, 2014
Deepak Fertilizers and Petrochemicals (Pune, India) has reported a 27% growth in revenue in the first fiscal quarter 2015 to 30 June 2014 to 9.45 billion Indian rupee ($155.33 million)...
http://www.chemweek.com/home/top_of_the_news/Deepak-Fertilizers-reports-higher-sales-confirms-interest-in-acquiring-MCFL_62933.html
August 1, 2014
Hangzhou Hangding Nylon Tech has commissioned a nylon-6 plant at the Economic Technical Development Area of Hangzhou City, Zhejiang Province, China. The facility uses the Uhde...
http://www.chemweek.com/home/top_of_the_news/Chinese-firm-commissions-nylon-6-manufacturing-plant_62928.html
August 1, 2014
Arkema's quarter-two net income fell by 58%, to €47 million ($63 million) from €112 million one year earlier, according to the company's latest results published today...
http://www.chemweek.com/home/top_of_the_news/Arkemas-net-profit-falls-by-more-than-a-half-as-sales-drop-delays-sales-earnings-targets_62923.html
July 31, 2014
Ashland today reported fiscal third-quarter earnings from continuing operations down 20% year-on-year (YOY), to $71 million, or 90 cts/share, on sales down 1%, to $1.6 billion...
http://www.chemweek.com/home/top_of_the_news/Ashland-earnings-fall-but-adjusted-earnings-beat-estimates_62918.html
July 31, 2014
Williams has pushed back restarting its Geismar, LA, cracker to September in order to install safety-related equipment, the company says in its second-quarter earnings release. Williams aims to begin ethylene production and sales in October....
http://www.chemweek.com/home/top_of_the_news/Williams-postpones-Geismar-restart-to-add-safety-equipment_62897.html
July 31, 2014
Mex Gas Supply, a subsidiary and the commercial arm of Pemex Gaz y Petroquímica Básica (PGPB; Mexico City), will establish a joint venture with Mercuria (Geneva) and JP...
http://www.chemweek.com/home/top_of_the_news/Pemex-establishes-JV-to-import-natural-gas-from-the-US_62872.html
July 31, 2014
Methanex reports year-on-year gains in second-quarter sales and income, but production constraints and weak pricing left adjusted earnings, at 94 cts/share, short of the analysts’ consensus estimate of $1.01/share compiled by Thomson Reuters....
http://www.chemweek.com/home/top_of_the_news/Methanex-earnings-fall-short-of-estimates-on-pricing-and-production_62889.html
July 31, 2014
Mosaic today reported its results for the second quarter, with net income of $248 million down 73% year-over-year (YOY) with earnings per share of 64 cts/share below analyst estimates...
http://www.chemweek.com/home/top_of_the_news/Mosaic-earnings-down-CEO-to-return-from-medical-leave_62873.html
July 31, 2014
Westlake Chemical has closed the previously announced €490-million ($656.5 million) acquisition of polyvinyl chloride (PVC) manufacturer Vinnolit Holdings (Ismaning, Germany) and...
http://www.chemweek.com/home/top_of_the_news/Westlake-closes-&euro490-million-Vinnolit-acquisition_62856.html
July 31, 2014
Ube Industries reports a net loss of about ¥1.1 billion ($10.7 million) in its fiscal first quarter ended 30 June, compared with a net loss of ¥200 million in the year-ago...
http://www.chemweek.com/home/top_of_the_news/Ube-widens-loss_62857.html
July 31, 2014
Solvay says it has signed a binding agreement to sell its US-based sulfuric acid virgin production and regeneration business Eco Services to CCMP Capital Advisors, following a bidding...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-sell-Eco-Services-sulfuric-acid-business-to-CCMP-Capital-Advisors_62851.html
July 31, 2014
Nippon Shokubai, a leading producer of acrylic acid and superabsorbent polymers (SAP), today announced the cancellation of its project to double SAP capacity at its Nisshoku Chemical...
http://www.chemweek.com/home/top_of_the_news/Nippon-Shokubai-cancels-China-superabsorbents-project_62854.html
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