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October 30, 2014
Evonik Industries says it increased sales in third-quarter 2014 to €3.24 billion ($4.13 billion), compared with €3.20 billion in the year-ago quarter. The company says that...
http://www.chemweek.com/home/top_of_the_news/Evonik-reports-third-quarter-sales-of-$4-13-billion-up-1-percent-Ebitda-decreases-by-3-percent_64925.html
October 30, 2014
Cambrex (East Rutherford, NJ) reports a more than doubling in net profits for the third quarter of 2014 compared with the third quarter of 2013, to $8.76 million. Third-quarter sales...
http://www.chemweek.com/home/top_of_the_news/Cambrex-reports-rise-in-profits_64932.html
October 30, 2014
Higher volumes in many of its products and higher prices for some, especially solar silicon, have helped Wacker Chemie to raise its third-quarter sales and profits. Ebitda more than...
http://www.chemweek.com/home/top_of_the_news/Wacker-raises-third-quarter-sales-and-profits-expects-full-year-Ebitda-of-&euro1-billion_64930.html
October 30, 2014
Biaxplen, a subsidiary of Sibur, a leading Russian petrochemical company, has expanded its export supplies of biaxially-oriented polypropylene (BOPP) film to the European market. The...
http://www.chemweek.com/home/top_of_the_news/Siburs-subsidiary-Biaxplen-expands-BOPP-exports-to-Europe_64929.html
October 30, 2014
Nippon Shokubai says that it has signed a letter of intent with plastics manufacturer Takiron Co. (Osaka, Japan), to transfer all of the shares of its subsidiary, Nippon Polyester...
http://www.chemweek.com/home/top_of_the_news/Nippon-Shokubai-to-divest-Nippon-Polyester-subsidiary_64927.html
October 30, 2014
LG Chem (Seoul) says it has today broken ground on a previously announced electric vehicle battery plant at Nanjing, China, to meet growing demand in the world’s biggest car...
http://www.chemweek.com/home/top_of_the_news/LG-Chem-breaks-ground-on-electric-vehicle-battery-plant-in-China_64926.html
October 30, 2014
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion batteries, have agreed to form a joint venture for cathode active...
http://www.chemweek.com/home/top_of_the_news/BASF-and-Toda-Kogyo-agree-to-form-JV-for-cathode-active-materials-in-Japan_64924.html
October 30, 2014
Private equity firm Warburg Pincus (New York) says that it has acquired a minority stake in Laurus Labs (Hyderabad, India), a leading developer and manufacturer of active...
http://www.chemweek.com/home/top_of_the_news/New-York-based-private-equity-firm-buys-minority-stake-in-Indian-API-manufacturer-Laurus-for-$90-million_64923.html
October 29, 2014
CF Industries today announced that its entire Woodward, OK, nitrogen complex is offline due to a problem in one of the boilers. All of the plants in the complex were safely shut down...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-shuts-down-Woodward-OK-nitrogen-complex-to-repair-boiler_64921.html
October 29, 2014
FMC today reported third-quarter earnings that more than tripled year-on-year (YOY), to $56.3 million, or 42 cts/share, on net revenues up 6%, to $1.02 billion. Excluding charges, such...
http://www.chemweek.com/home/top_of_the_news/FMC-earnings-rise-but-fall-short-of-estimates_64920.html
October 29, 2014
The chemical subsidiary of Siam Cement Group (SCG; Bangkok) reports net profits for the third quarter of 2014 rose 10% compared with the year-ago quarter, to 4.18 billion baht...
http://www.chemweek.com/home/top_of_the_news/Siam-Cements-chemicals-business-reports-rise-in-profits_64888.html
October 29, 2014
Philippe Sauquet, 57, was today named president/refining and chemicals and member of the executive committee of Total. He moves from his current position of president/gas and power and...
http://www.chemweek.com/home/top_of_the_news/Total-names-new-presidentrefining-and-chemicals-shuffles-executive-board_64886.html
October 29, 2014
Bayer CropScience and DuPont announced today the signing of an agreement for Bayer to purchase certain DuPont Crop Protection land management assets in the United States, Canada...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-acquires-certain-DuPont-Crop-Protection-land-management-operations_64905.html
October 29, 2014
All major construction work related to the rebuild of Williams' (Tulsa, OK) damaged steam cracker at Geismar, LA—including an expansion project and safety-related equipment...
http://www.chemweek.com/home/top_of_the_news/Williams-rebuilt-expanded-Louisiana-cracker-in-final-stages-of-commissioning-and-start-up_64889.html
October 29, 2014
Dow Corning, 50-50 joint venture between Dow Chemical and Corning,  reports third-quarter net income of $176 million, up 49% year-over-year (YOY). Sales were up 7% YOY, to $1.52...
http://www.chemweek.com/home/top_of_the_news/Dow-Corning-reports-net-income-up-49-percent_64893.html
October 29, 2014
Praxair reports third quarter net income of $477 million, up 6% year-over-year (YOY) on sales up 4% YOY, to $3.1 billion. Sales grew from higher volumes—including project...
http://www.chemweek.com/home/top_of_the_news/Praxair-earnings-sales-up_64897.html
October 29, 2014
Nova Chemical reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.427 billion, up 13% YOY from $1.263 billion....
http://www.chemweek.com/home/top_of_the_news/Nova-doubles-third-quarter-income_64899.html
October 29, 2014
Alujain Corp. reported a 39% drop in net third-quarter profit to 34.85 million Saudi riyals ($9.3 million) compared with the year-earlier quarter citing an insurance payment to...
http://www.chemweek.com/home/top_of_the_news/Alujains-net-profit-declines_64903.html
October 29, 2014
Sibur Holding (Moscow) will move its registered office and change its form of incorporation to a public joint stock company, Sibur announced today. After the reregistration, the...
http://www.chemweek.com/home/top_of_the_news/Sibur-moves-its-registered-office-and-changes-form-of-incorporation_64884.html
October 29, 2014
Monsanto announced today that it will invest $20 million in integrated technology centers as part of its global breeding program aimed at improving the genetic potential of seeds...
http://www.chemweek.com/home/top_of_the_news/Monsanto-invests-in-plant-breeding-centers_64901.html
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