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July 21, 2014
American Vanguard announced on Friday that lower-than-normal purchasing of corn inputs and reduced production levels at the company's manufacturing facilities will affect its...
http://www.chemweek.com/home/top_of_the_news/American-Vanguard-warns-on-second-quarter-earnings_62610.html
July 21, 2014
Evonik Industries and AkzoNobel say they have entered into negotiations to build a membrane cell electrolysis production facility at AkzoNobel’s Ibbenbüren, Germany, site...
http://www.chemweek.com/home/top_of_the_news/AkzoNobel-and-Evonik-join-forces-in-membrane-cell-chlor-alkali-project-in-Germany_62608.html
July 21, 2014
Evonik Industries has confirmed plans to build a previously announced plant to produce precipitated silicas at Americana, Brazil, near São Paulo. Evonik says it is investing...
http://www.chemweek.com/home/top_of_the_news/Evonik-confirms-plans-for-precipitated-silicas-plant-in-Brazil_62606.html
July 21, 2014
Maire Tecnimont (Rome) today announced it has signed a memorandum of understanding (MOU) with the Fatima Group, a fertilizer player based in Pakistan; and Midwest Fertilizer Corp...
http://www.chemweek.com/home/top_of_the_news/Maire-Tecnimont-signs-MOU-to-build-large-fertilizer-complex-in-the-US_62605.html
July 21, 2014
Investment banking group Goldman Sachs has become a partner in Turkey’s largest integrated port, operated by Petkim, the country’s leading petrochemicals producer. The deal...
http://www.chemweek.com/home/top_of_the_news/Petkim-sells-stake-in-Petlim-Port-in-Turkey-to-Goldman-Sachs_62604.html
July 18, 2014
Honeywell says that profit in its performance materials and technologies (PMT) segment  was $475 million, up 8% from the prior year. Segment revenue rose 6% year-on-year...
http://www.chemweek.com/home/top_of_the_news/Honeywell-posts-stronger-performance-materials-earnings_62590.html
July 18, 2014
EuroChem (Moscow), a top-10 fertilizer company globally, has announced the appointment of Terje Bakken as head/marketing and sales. Bakken will report to EuroChem CEO Dmitry Strezhnev...
http://www.chemweek.com/home/top_of_the_news/Former-Yara-executive-to-join-EuroChem-management-board_62585.html
July 18, 2014
LG Chem (Seoul) today reported a 43% drop in second-quarter net profit, to 226.8 billion South Korean won ($220.3 million), citing poor performance in its chemical sales and a strong...
http://www.chemweek.com/home/top_of_the_news/LG-Chem-reports-lower-second-quarter-profits-flat-revenues_62583.html
July 18, 2014
Elemental Minerals (Perth, Australia), a mineral exploration company whose primary asset is the Sintoukola potash project in the Republic of the Congo, has announced that John Sanders...
http://www.chemweek.com/home/top_of_the_news/Elemental-Minerals-appoints-new-managing-director_62581.html
July 18, 2014
Mylan (Pittsburgh) has entered into a definitive agreement with Abbott to acquire Abbott's non-US developed markets specialty and branded generics business in an all-stock transaction...
http://www.chemweek.com/home/top_of_the_news/Mylan-to-acquire-Abbotts-non-US-branded-generics-pharma-business_62580.html
July 18, 2014
Yara International (Oslo) today reported strong second-quarter results, with improved European commodity margins because of lower gas price. Lower nitrate deliveries impacted results...
http://www.chemweek.com/home/top_of_the_news/Yara-reports-strong-second-quarter-results-hikes-NPK-capacity-in-Finland_62579.html
July 18, 2014
Yuhuang Chemical (Houston), a newly created subsidiary of Shandong Yuhuang Chemical, will invest $1.85 billion in a world-scale methanol manufacturing complex on the Mississippi River...
http://www.chemweek.com/home/top_of_the_news/Chinese-firm-to-invest-$1-85-billion-in-methanol-complex-in-Louisiana-Air-Liquide-to-provide-technology_62582.html
July 17, 2014
Celanese (Dallas, TX) reports net earnings for the second quarter of $258 million, up 94% year-over-year from $133 million, on stronger pricing and volumes. Sales totaled $1.8 billion...
http://www.chemweek.com/home/top_of_the_news/Celanese-net-income-doubles-on-price-and-volume-gains_62545.html
July 17, 2014
Several Saudi Arabian petrochemicals producers have reported their second quarter results. Sabic affiliate Saudi Kayan losses in the quarter have narrowed. The company reported net...
http://www.chemweek.com/home/top_of_the_news/Several-Saudi-firms-report-second-quarter-earnings_62514.html
July 17, 2014
PPG Industries has named Michael McGarry, current executive v.p., as COO, effective 1 August. McGarry will have responsibility for all of PPG’s strategic business units and...
http://www.chemweek.com/home/top_of_the_news/PPG-names-McGarry-as-COO_62512.html
July 17, 2014
Praxair announced today that it has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co. (Nanjing, East China)—a joint venture...
http://www.chemweek.com/home/top_of_the_news/Praxair-signs-ASU-deal-with-Huntsman-Jinling-jv_62508.html
July 17, 2014
Ineos today reported unaudited second-quarter results with Ebitda rising 22% to €447 million ($604.5 million) compared with the year-earlier quarter and 11.5% up on the first...
http://www.chemweek.com/home/top_of_the_news/Ineos-reports-higher-earnings-buoyed-by-US-feedstock-advantage_62510.html
July 17, 2014
PPG Industries today reported second quarter net income from continuing operations up 24% year-on-year (YOY), to $393 million, or $2.80/share, on sales up 5%, to $4.1 billion. Adjusted...
http://www.chemweek.com/home/top_of_the_news/PPG-earnings-beat-estimates-on-strong-sales_62509.html
July 17, 2014
CB&I on Wednesday gave additional details relating to its contracts with Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) for Orpic’s Liwa plastics project...
http://www.chemweek.com/home/top_of_the_news/CB-and-I-outlines-technology-awards-for-Oman-petchem-project_62507.html
July 17, 2014
GTS Chemical Holding, a specialty chemicals producer and the largest manufacturer of ammonium sulfite in China, today announced its intention to proceed with a fundraising and...
http://www.chemweek.com/home/top_of_the_news/Chinese-specialty-chemicals-firm-plans-to-list-in-London_62506.html
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