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May 5, 2014
Platform Specialty Products today reported a first-quarter net loss of $5.9 million compared with income of $15.3 million in the year-ago quarter, on sales up 1% year-on-year (YOY), to...
http://www.chemweek.com/home/top_of_the_news/Platform-Specialty-Products-reports-loss_60782.html
May 5, 2014
Merck KGaA (Darmstadt, Germany) said on Friday that it completed its acquisition of AZ Electronic Materials, creating a leading solutions provider in the premium segment of high-tech...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-completes-acquisition-of-AZ-integration-to-be-completed-by-end-of-the-year_60778.html
May 5, 2014
Idemitsu Kosan and Mitsui & Co. have decided not to proceed with their proposed, equally owned, linear alpha olefins joint venture project in the United States. The companies...
http://www.chemweek.com/home/top_of_the_news/Idemitsu-Kosan-and-Mitsui-and-Co-cancel-plans-for-US-alpha-olefins-project_60777.html
May 5, 2014
Wacker Chemie today reported higher first-quarter sales and earnings and confirmed its outlook for the whole of the year. Ebitda was 73% higher, at €285.2 million ($395.8...
http://www.chemweek.com/home/top_of_the_news/Wacker-reports-higher-first-quarter-sales-and-earnings-confirms-outlook_60779.html
May 2, 2014
Activist hedge fund Third Point, led by Daniel Loeb, has called on Dow Chemical to provide greater detail on its petrochemical operations, arguing that the segment is “underearning” by at least $2.5 billion/year. Third Point says in a 1 May letter to investors that the earnings gap is the result of the “result of a strategy focused more on selling downstream products than on maximizing profits.”...
http://www.chemweek.com/home/top_of_the_news/Hedge-fund-Third-Point-sharpens-criticism-of-Dows-petchem-strategy_60770.html
May 2, 2014
BASF announced today that the supervisory board has elected Jürgen Hambrecht, former chairman of the company, as its new chairman. He replaces Eggert Voscherau, who took over as...
http://www.chemweek.com/home/top_of_the_news/BASF-supervisory-board-elects-chair_60769.html
May 2, 2014

Phillips 66 (Houston) reports that its chemical segment, comprising a 50% share in Chevron Phillips Chemical, turned in first-quarter earnings of $316 million, up 20% year-on-year.

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http://www.chemweek.com/home/top_of_the_news/Phillips-66-chemical-earnings-up-20-percent-YOY-on-improved-benzene-margins_60767.html
May 2, 2014
Sun Pharma (Mumbai), India’s major pharmaceuticals player, said today that it is closing its Detroit manufacturing plant as part of a consolidation. The company has not said how...
http://www.chemweek.com/home/top_of_the_news/Sun-Pharma-to-close-Detroit-plant_60764.html
May 2, 2014
National Peroxide Ltd. (Mumbai) says it has closed its Kalyan, India, hydrogen peroxide (H2O2) plant for 51 days to carry out expansion of the facility. Capacity of...
http://www.chemweek.com/home/top_of_the_news/National-Peroxide-hikes-hydrogen-peroxide-capacity_60761.html
May 2, 2014
LyondellBasell Industries has received a key permit required in the company's ethylene expansion program, the company announced today. The investments are expected to provide an...
http://www.chemweek.com/home/top_of_the_news/LyondellBasell-gets-permit-for-ethylene-expansion-at-Corpus-Christi_60762.html
May 2, 2014
Cambrex (East Rutherford, NJ) reports a 91.2% fall in net profits for the first quarter of 2014 compared with the year-ago period, to $982,000. First-quarter sales decreased 11.2%, to...
http://www.chemweek.com/home/top_of_the_news/Cambrex-reports-huge-fall-in-profits_60760.html
May 2, 2014
AstraZeneca says that its board today rejected Pfizer’s proposal to combine the two firms. “The financial and other terms described in the proposal are inadequate...
http://www.chemweek.com/home/top_of_the_news/AstraZeneca-board-rejects-Pfizers-sweetened-proposal_60759.html
May 2, 2014
Pfizer announced today that it has submitted a revised written proposal to AstraZeneca to combine the two companies. The move follows consultation with major shareholders. Pfizer says...
http://www.chemweek.com/home/top_of_the_news/Pfizer-raises-offer-for-AstraZeneca-sends-letter-to-UK-prime-minister_60757.html
May 2, 2014
The petrochemical business of Idemitsu Kosan reports that operating profits more than doubled for the fiscal year ended 31 March 2014 compared with the previous fiscal year, to...
http://www.chemweek.com/home/top_of_the_news/Idemitsu-Kosans-petchem-business-reports-huge-rise-in-profits_60756.html
May 2, 2014
The Ministry of Commerce (Mofcom; Beijing) says that China has imposed antidumping duties on imports of solar-grade polysilicon from the European Union for two years, starting 1 May...
http://www.chemweek.com/home/top_of_the_news/China-slaps-antidumping-duties-on-polysilicon-from-EU_60753.html
May 2, 2014
BASF today reported a 2% rise in first quarter net income to €1.48 billion ($2.05 billion) on 1.1% lower sales of €19.5 billion. Earnings before interest and tax (Ebit)...
http://www.chemweek.com/home/top_of_the_news/BASF-plans-methane-to-propylene-investment-in-the-US-reports-higher-income_60752.html
May 1, 2014
TPC Group (Houston) says its board has approved funds to proceed with the engineering of a third production unit for highly reactive polyisobutylenes. The  capacity will address increased demand spurred by changes in lubricating oil standards....
http://www.chemweek.com/home/top_of_the_news/TPC-moves-forward-on-design-of-third-polyisobutylene-unit_60751.html
May 1, 2014
EPA announced yesterday that it was opening up a 30-day public comment period about its proposed decision to register Dow Chemical’s Enlist Duo herbicide—a proprietary...
http://www.chemweek.com/home/top_of_the_news/EPA-seeks-comments-on-proposed-approval-of-Dows-Enlist-herbicide_60749.html
May 1, 2014
Williams is considering the construction of a second ethane cracker at its Geismar, LA, facility. The company currently envisions a greenfield project in which joint-venture partners would build associated derivative capacity....
http://www.chemweek.com/home/top_of_the_news/Williams-looks-at-joint-venture-ethane-cracker-for-Geismar_60747.html
May 1, 2014
Nova Chemicals reports first quarter profit of $245 million, up 32% year-over-year (YOY) on gains in the olefins/polyolefins business unit. Sales totaled $1.38 billion, up 10% YOY....
http://www.chemweek.com/home/top_of_the_news/Nova-Chemicals-profits-up-32-percent-on-polyethylene-earnings_60729.html
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