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April 23, 2014
Dow Chemical reports higher first-quarter profits, driven by gains in most segments as well as productivity and cost-control actions. Adjusted earnings of 79 cts/share increased 14% year-on-year (YOY), easily beating the analysts’ consensus estimate of 70 cts/share. Sales increased 1% YOY, to $14.5 billion. Net income increased 75% YOY, to $964 million....
http://www.chemweek.com/home/top_of_the_news/Dow-reports-75-percent-gain-in-first-quarter-net-income-handily-beats-estimates_60485.html
April 23, 2014
W.R. Grace says extreme weather during the first quarter that negatively impacted North American construction activity and caused manufacturing closures at a Maryland refinery...
http://www.chemweek.com/home/top_of_the_news/Grace-profits-fall-15-percent-on-weather-related-impacts_60509.html
April 23, 2014
DuPont Chemicals & Fluoroproducts (DC&F) announced today that it has won a Teflon patent and trademark infringement case against the cookware and home appliances company...
http://www.chemweek.com/home/top_of_the_news/DuPont-wins-Teflon-patent-and-trademark-infringement-case-against-Italian-cookware-producer_60484.html
April 23, 2014
Iran plans to bring onstream four petrochemical plants during the current Iranian calendar year, which began 21 March. Abbas She’ri Moghaddam, Iran’s deputy oil...
http://www.chemweek.com/home/top_of_the_news/Iran-to-commission-four-plants-resumes-petchem-exports-to-Europe_60483.html
April 23, 2014
Air Products reports net income of $284 million for the quarter ended 31 March, down 2% year-on-year (YOY). Reported earnings of $1.32/share fell below analyst estimates of...
http://www.chemweek.com/home/top_of_the_news/Air-Products-earnings-down-sales-up-in-second-quarter_60490.html
April 23, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) said today that ICL Fertilizers’ subsidiary, Cleveland Potash Ltd. (CPL), will expand its polyhalite mining capacity at its Boulby mine in...
http://www.chemweek.com/home/top_of_the_news/ICL-to-invest-in-major-expansion-of-polyhalite-potash-capacity-in-the-UK_60482.html
April 23, 2014
Kemira (Helsinki) today reported a drop in first-quarter Ebit and lower revenues due mainly to divestments and unfavorable currency exchange rates. Operating Ebit was down 14%, to...
http://www.chemweek.com/home/top_of_the_news/Kemira-reports-lower-sales-and-earnings-starts-up-coagulants-plant-in-Spain_60481.html
April 22, 2014
Enterprise Products Partners (Enterprise; Houston) is building a fully refrigerated ethane export terminal on the Texas Gulf Coast, the company announced on 22 April. Enterprise expects the facility, which will be able to load up to 240,000 bbl of ethane per day, to begin operations in the third quarter of 2016....
http://www.chemweek.com/home/top_of_the_news/Enterprise-to-build-ethane-export-terminal-on-Texas-Gulf-Coast_60478.html
April 22, 2014
GlaxoSmithKline (GSK) today announced a major, three-part transaction with Novartis involving its consumer health-care, vaccines, and oncology businesses. GSK and Novartis, as part of...
http://www.chemweek.com/home/top_of_the_news/Glaxo-and-Novartis-announce-major-three-part-business-transaction_60460.html
April 22, 2014
ACC today released its monthly chemical activity barometer (CAB)—noting that the CAB reached its highest level since March 2008. On a three-month moving average basis, the April...
http://www.chemweek.com/home/top_of_the_news/ACC-CAB-at-highest-level-since-2008_60464.html
April 22, 2014
CF Industries announced that its Woodward, OK, nitrogen complex is currently off-line due to a problem in one of the boilers. All of the plants in the complex have been safely shut...
http://www.chemweek.com/home/top_of_the_news/CF-Industries-shuts-down-Woodward-OK-nitrogen-complex-because-of-boiler-problem_60462.html
April 22, 2014
ThyssenKrupp's industrial solutions segment announced today that it has been awarded a fertilizer plant contract by Nitrogénmüvek, a Hungarian producer of fertilizers. The...
http://www.chemweek.com/home/top_of_the_news/ThyssenKrupp-to-supply-fertilizer-plant-to-Hungary_60455.html
April 22, 2014
Permira, a European private equity firm, today announced that a company owned by Permira funds has entered into an agreement to acquire CABB International (Sulzbach, Germany), a...
http://www.chemweek.com/home/top_of_the_news/Permira-to-acquire-fine-chemicals-producer-CABB-Group-from-Bridgepoint_60453.html
April 22, 2014
Reliance Industries says net profits for its fiscal fourth quarter, ended 31 March, increased 0.8% compared with the same period of the previous year, to about 56.3 billion Indian...
http://www.chemweek.com/home/top_of_the_news/Reliance-reports-a-slight-increase-in-profits_60452.html
April 22, 2014
LG Chem reports a 16% decline in net profits for the first quarter of 2014 compared with the year-ago period, to 286 billion South Korean won ($275 million). First-quarter sales...
http://www.chemweek.com/home/top_of_the_news/LG-Chem-reports-falls-in-profits-sales_60449.html
April 22, 2014
Shin-Etsu Chemical says that it will invest about ¥12 billion ($117 million) to build a new rare earth magnet manufacturing plant in Vietnam. The new plant will be built in two...
http://www.chemweek.com/home/top_of_the_news/Shin-Etsu-invests-$117-million-to-build-rare-earth-magnet-production-plant-in-Vietnam_60446.html
April 22, 2014
UK press over the weekend said that Pfizer has made initial approaches to acquire AstraZeneca for £60 billion ($101 billion) in the world’s largest pharma acquisition. Both...
http://www.chemweek.com/home/top_of_the_news/Pfizer-eyes-AstraZeneca-for-a-reported-$100-billion_60445.html
April 22, 2014

Celanese reports net earnings of $195 million for the first quarter, up 37% year-over-year (YOY). Adjusted earnings increased 16% YOY and 28% sequentially to $1.33/share, beating the analysts’ consensus estimate of $1.15 compiled by Thomson Reuters.

...

http://www.chemweek.com/home/top_of_the_news/Celanese-earnings-up-on-strong-advanced-materials-acetyls_60439.html
April 21, 2014
Sabic on Sunday reported a drop in first quarter earnings and said that a shortage of natural gas was limiting its domestic growth. Net profit was down 1.8% to 6.44 billion Saudi...
http://www.chemweek.com/home/top_of_the_news/Sabics-first-quarter-profit-declines-shortage-of-gas-is-major-constraint-on-growth_60438.html
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