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Displaying 361 - 380 of 8798 stories.
February 21, 2014
Ashland announced today it has agreed to sell its water treatment business to private equity firm Clayton, Dubilier & Rice (CD&R; New York) for $1.8 billion, ending a...
http://www.chemweek.com/home/top_of_the_news/Ashland-to-sell-water-treatment-to-private-equity-for-$1-8-billion_58874.html
February 21, 2014
Philip Law, director general designate of the British Plastic Federation (BPF; London), today announced that  a new management lineup for the organization will be put in place...
http://www.chemweek.com/home/top_of_the_news/British-Plastics-Federation-names-new-management_58871.html
February 21, 2014
Agrium announced weaker results for the fourth quarter due to lower prices across all segments and a nitrogen volume reduction, the company says. Net earnings were $99 million, down...
http://www.chemweek.com/home/top_of_the_news/Agrium-results-down-on-lower-prices-retail-segment-up_59027.html
February 21, 2014
Ecolab today reported net income up 24% year-on-year (YOY), to $287.1 million, or 93 cts/share, on sales up 17%, to $3.56 billion. Excluding special charges, adjusted net income...
http://www.chemweek.com/home/top_of_the_news/Ecolab-earnings-slightly-miss-estimates-sales-rise_59028.html
February 21, 2014
Indorama Ventures (Bangkok) reports a net loss of $16 million for the fourth quarter of 2013 compared with a net loss of $7 million in the year-ago quarter. Fourth-quarter sales...
http://www.chemweek.com/home/top_of_the_news/Indorama-reports-fourth-quarter-loss_59017.html
February 21, 2014
Rosneft (Moscow) has agreed to increase guaranteed supplies of associated petroleum gas (APG) from its oil fields to Sibur’s Yugragazpererabotka's processing facilities to...
http://www.chemweek.com/home/top_of_the_news/Rosneft-agrees-to-increase-feedstock-supplies-to-Siburs-processing-plants_59015.html
February 21, 2014
Shell says it has reached a binding agreement to sell its Australia downstream businesses to energy trader Vitol (Rotterdam) for about A$2.9 billion (US$2.61 billion). The sale covers...
http://www.chemweek.com/home/top_of_the_news/Shell-sells-downstream-businesses-in-Australia-to-Vitol-for-$2-6-billion_59014.html
February 21, 2014
Toray Industries and Abunayyan Holding (Riyadh) plan to establish Toray Membrane Middle East (TMME), a joint venture in water and wastewater treatment technologies at Dammam, Saudi...
http://www.chemweek.com/home/top_of_the_news/Toray-and-Abunayyan-form-water-treatment-JV-in-Saudi-Arabia_59012.html
February 21, 2014
Industrial Development Corp. (IDC; Sandton, South Africa), a government owned finance institution set up to promote economic growth and industrial development, has issued a request for...
http://www.chemweek.com/home/top_of_the_news/South-Africa-invites-tenders-to-study-establishment-of-soda-ash-production_59020.html
February 20, 2014

Williams Partners has postponed the restart of its Geismar, LA, olefins plant to June, according to the company’s fourth-quarter earnings release. The steam cracker had been expected to go online in April. The extended outage will keep ethylene tight in Louisiana, but the return to service of Chevron’s Evangeline pipeline early in the second quarter will increase supply from Texas.

...

http://www.chemweek.com/home/top_of_the_news/Williamss-Geismar-cracker-to-remain-offline-until-June_58949.html
February 20, 2014

Westlake Chemical reports fourth-quarter net income of $171 million, up 80% year-over-year (YOY), and sales of $952 million, up 19% YOY. Westlake attributes the gains primarily to higher sales prices for polyethylene, styrene and polyvinyl chloride resin and higher sales volumes. Earnings of $2.54/share beat the analysts’ consensus estimate of $2.13.

...

http://www.chemweek.com/home/top_of_the_news/Westlake-fourth-quarter-earnings-climb-to-$171-million-on-higher-prices-and-volumes_58948.html
February 20, 2014
Axiall reported fourth-quarter net income of $57 million, up 78% year-over-year (YOY). Net sales of $1.1 billion for the quarter were up 44% YOY. The company attributes the gains primarily to the merger with PPG’s chemical’s business. Adjusted earnings of 88 cts/share beat the analysts’ consensus estimate of 67 cts/share....
http://www.chemweek.com/home/top_of_the_news/Axiall-fourth-quarter-net-income-up-78-percent-to-$57-million_58947.html
February 20, 2014
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have today signed a joint venture agreement and the Articles of Association to form a 50-50 jv company at Nanjing, China...
http://www.chemweek.com/home/top_of_the_news/Ineos-and-Sinopec-sign-JV-agreement-for-phenol-acetone-project-in-China_58942.html
February 20, 2014
Mitsui OSK Lines (MOL; Tokyo) says it has received a new building charter contract for two methanol carriers from Atlantic Methanol Production Co. (AMPCO; Equatorial Guinea), based on...
http://www.chemweek.com/home/top_of_the_news/Mitsui-OSK-to-build-two-methanol-carriers-for-charter-to-Atlantic-Methanol_58940.html
February 20, 2014
BASF announced today that Jürgen Hambrecht, former chairman and CEO, has been proposed as the next chairman of the supervisory board of the company. He is expected to replace...
http://www.chemweek.com/home/top_of_the_news/Jurgen-Hambrecht-proposed-as-chairman-of-BASFs-supervisory-board_58937.html
February 20, 2014
  The Arab Potash Co. (APC; Amman) and the Jordan Bromine Co. (JBC) have signed an agreement with Noble Energy Co. (Houston, TX) to import 2 billion cubic meter of natural gas for...
http://www.chemweek.com/home/top_of_the_news/Arab-Potash-and-Jordan-Bromine-sign-deal-with-US-firm-to-import-gas-from-Israel_58938.html
February 20, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says that on 1 April 2014, it will establish the Life Science Institute, with its headquarters at Tokyo. Four...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-to-consolidate-several-health-care-businesses-under-new-company-Life-Science-Institute_58934.html
February 20, 2014
Uhdenora, a joint venture between ThyssenKrupp Electrolysis and Industrie De Nora (Milan), has signed a contract with the Befar Group to build an 80,000-m.t./year caustic soda plant at...
http://www.chemweek.com/home/top_of_the_news/Uhdenora-awarded-first-energy-efficient-ODC-technology-chlor-alkali-contract_58933.html
February 19, 2014
Hedge fund FrontFour Capital (New York) said today that it would nominate four directors for Sensient Technologies’ board, raising the possibility of a proxy battle....
http://www.chemweek.com/home/top_of_the_news/Hedge-fund-says-it-will-seek-four-seats-on-Sensient-board-updated_58903.html
February 19, 2014
CF Industries’ CFO Dennis Kelleher said in the company’s fourth-quarter earnings call that early indications suggest that placement of existing assets in a master limited...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-dissuaded-on-MLP-talks-CFO-says_58929.html
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