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Displaying 61 - 80 of 12393 stories.
July 30, 2015
Cambrex (East Rutherford, NJ) reports net profits of $19.66 million for the second quarter of 2015, which is unchanged compared with the second quarter of 2014. Second-quarter sales...
http://www.chemweek.com/home/top_of_the_news/Cambrex-reports-flat-profits_72554.html
July 30, 2015
Royal Dutch Shell says that it will cut 6,500 jobs this year, almost 7% of its total workforce, as part of additional cost-cutting plans designed to offset the impact of a prolonged...
http://www.chemweek.com/home/top_of_the_news/Shell-to-cut-6500-jobs-group-wide-in-response-to-continued-low-oil-prices_72553.html
July 30, 2015
Idemitsu Kosan (Tokyo) on Thursday announced that it is acquiring one-third stake in refiner Showa Shell Sekiyu (Tokyo) from Royal Dutch Shell for ¥169 billion ($1.4billion). The...
http://www.chemweek.com/home/top_of_the_news/Idemitsu-Kosan-acquires-Shells-stake-in-Showa-Shell-for-$1-4-billion_72551.html
July 30, 2015
Methanol Chemicals Co. (Chemanol) reported a second-quarter net loss of 21.41 million Saudi riyals ($5.7 million) compared with a net profit of SR15.86 million in the year-earlier...
http://www.chemweek.com/home/top_of_the_news/Saudi-methanol-producer-swings-to-loss-on-price-decline_72550.html
July 30, 2015
Reliance Industries (Mumbai) is contemplating the sale of its shale gas holdings in the United States, according to Indian press reports. Reliance, in response to a request...
http://www.chemweek.com/home/top_of_the_news/Reliance-Industries-to-offload-US-shale-gas-business_72546.html
July 30, 2015
Showa Denko says that it has decided to dissolve its subsidiary Baotou Showa Rare Earth High-Tech New Material Co. (BSR; Baotou, China). BSR, which was established in 2002, produces...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-to-dissolve-rare-earths-subsidiary-in-China_72545.html
July 30, 2015
Kemira says that Kim Poulsen has been appointed president of the company’s paper segment and Asia/Pacific region and a member of the management board, effective 1 November...
http://www.chemweek.com/home/top_of_the_news/Kemira-appoints-president-of-paper-business-and-AsiaPacific-region_72548.html
July 29, 2015
Chemtura posted second-quarter net income of $18 million, down 58% from the same year-ago quarter due mainly to the sale of its agrochemicals business. Net sales were $454 million, down 24%. The company says its core segments, which exclude agrochemical manufacturing, posted a strong quarter with adjusted Ebitda of $60 million, up 13% YOY....
http://www.chemweek.com/home/top_of_the_news/Chemtura-earnings-fall-on-sale-of-agchems_72539.html
July 29, 2015
Huntsman reports net income of $29 million for the second quarter, down 76% year-on-year (YOY). Sales totaled $2.74 billion, down 8.2% YOY from $2.99 billion on lower selling prices and sales volume as well as currency effects. Adjusted earnings of 63 cts/share increased 6.8% YOY and beat analysts’ consensus estimate of 55 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/home/top_of_the_news/Huntsman-earnings-beats-consensus-despite-lower-prices-volume_72517.html
July 29, 2015
Solvay announces on Wednesday that it will stop producing sodium percarbonate at Rosignano, Italy, by the end of the first quarter of 2016. The company cites the lower use of powder...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-close-sodium-percarbonate-plant-in-Italy_72515.html
July 29, 2015
H.B. Fuller on Wednesday announced that it broke ground on an adhesives manufacturing facility at Surabaya, Indonesia. The company anticipates production of hot melt and water-based...
http://www.chemweek.com/home/top_of_the_news/H-B-Fuller-builds-adhesives-facility-in-Indonesia_72514.html
July 29, 2015
Solvay reports consolidated net income of €164 million ($181.4 million) in the second quarter, swinging from a €331-million loss in the same period last year, according to...
http://www.chemweek.com/home/top_of_the_news/Solvay-swings-to-a-net-profit-sales-up-on-currency-effects_72508.html
July 29, 2015
Solvay’s Special Chem business unit has partnered with one of the world’s leading electronics producers, under which Solvay will build a high-volume, high-purity hydrogen...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-build-high-purity-H2O2-plant-in-Italy-to-serve-electronics-customer_72507.html
July 29, 2015
Univar posted a second-quarter net loss of $12.4 million due mainly to expenses related to the company’s initial public offering and debt repayment. The negative impact on a...
http://www.chemweek.com/home/top_of_the_news/Univar-posts-loss-on-IPO-expense-currency-impacts_72524.html
July 29, 2015
Huchems Fine Chemical Corp. (Seoul), a subsidiary of Taekwang Group (Seoul), is investing 1 trillion South Korean won ($864 billion) to build an ammonia  plant in the state of...
http://www.chemweek.com/home/top_of_the_news/Korean-firm-breaks-ground-on-ammonia-plant-in-Malaysia_72520.html
July 29, 2015
Europe's benzene price is under pressure in the runup to contract price discussions as a combination of a weaker US market and lower crude numbers have pulled spot prices lower this...
http://www.chemweek.com/home/top_of_the_news/Europe-benzene-under-pressure-in-runup-to-August-contract-settlement_72522.html
July 29, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has acquired Scandia Citrus (Lakeland, FL), which specializes in the R&D, manufacture, and...
http://www.chemweek.com/home/top_of_the_news/Frutarom-acquires-Florida-based-Scandia-Citrus_72504.html
July 29, 2015
Praxair today reported second-quarter net income down 34% year-on-year (YOY), to $308 million, or $1.06/share, on sales down 12%, to $2.74 billion. Earnings were hit by negative...
http://www.chemweek.com/home/top_of_the_news/Praxair-earnings-fall-short-of-estimates-on-weakness-in-energy_72521.html
July 29, 2015
DSM's nutritional products segment (Kaiseraugst, Switzerland) and Evonik's nutrition and care arm (Essen, Germany) on Wednesday announced that they have entered into a joint...
http://www.chemweek.com/home/top_of_the_news/DSM-and-Evonik-to-develop-algae-based-omega-3-fatty-acids-for-animal-nutrition_72503.html
July 29, 2015
Bayer on Wednesday reported a 21% increase in second-quarter net income, including discontinued operations, to €1.15 billion ($1.27 billion), on 18% higher sales of €12.1...
http://www.chemweek.com/home/top_of_the_news/Bayer-raises-second-quarter-sales-and-earnings-lowers-forecast_72502.html
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