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April 28, 2014
Ube Industries has revised its net profits and sales forecasts for the full fiscal year, ended 31 March. Ube expects to record net profits of ¥12.6 billion ($123.2 million) for the...
http://www.chemweek.com/home/top_of_the_news/Ube-upgrades-net-profits-sales-projections_60624.html
April 28, 2014
Industries Qatar (IQ; Doha), which combines several petrochemical, fertilizer, and steel operations, reports a 1.6-billion Qatari riyal ($439.6 million) first-quarter net profit, QR1...
http://www.chemweek.com/home/top_of_the_news/Industries-Qatar-reports-lower-profit-Al-Sejeel-project-on-track-for-end-2018-completion_60623.html
April 28, 2014
Linde and refining company Neste Oil (Espoo, Finland) have agreed on a long-term, on-site hydrogen supply contract, and, according to the agreement, Linde will build a new hydrogen...
http://www.chemweek.com/home/top_of_the_news/Linde-to-build-hydrogen-production-unit-for-Neste-Oil-in-Finland_60622.html
April 28, 2014
Bayer today reported its first-quarter results, with net income rising close to 23%, to €1.42 billion ($1.97 billion), on sales 3% higher, at €10.6 billion. Ebitda before...
http://www.chemweek.com/home/top_of_the_news/Bayer-reports-higher-sales-and-earnings-declines-to-comment-on-talks-to-sell-BMS_60620.html
April 26, 2014
Solvay said today that it has an option to reserve adiponitrile (ADN) capacity from a plant planned by Invista in China. The announcement follows an agreement that...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-offtake-adiponitrile-from-Invistas-plant-in-China_60603.html
April 25, 2014
Petronas Chemicals expects a six-month delay and an increase in costs for the construction of the Sabah Ammonia and Urea (Samur) project, according to chairman Wan Zulkiflee Wan...
http://www.chemweek.com/home/top_of_the_news/Petronas-Chemicals-fertilizer-project-to-be-delayed-six-months_60607.html
April 25, 2014
Establishing a shale gas industry in the United Kingdom would provide a huge boost to the UK economy, according to an official report, published today. Shale gas could create an...
http://www.chemweek.com/home/top_of_the_news/Government-report-Building-UKs-shale-industry-could-create-$55-billion-supply-chain_60606.html
April 25, 2014
Novozymes (Bagsvaerd, Denmark) on Thursday reported a 35% rise in net profit, to 694 million Danish kroner ($128.7 million) on sales up 7%, to DK3.03 billion. Ebit grew by 30%, to...
http://www.chemweek.com/home/top_of_the_news/Novozymes-reports-higher-first-quarter-sales-and-earnings_60605.html
April 25, 2014
Invista and Solvay announced today that they have signed a settlement agreement resolving disputes related to adiponitrile (ADN) intellectual property and technology used in their...
http://www.chemweek.com/home/top_of_the_news/Invista-Solvay-settle-adiponitrile-dispute_60558.html
April 25, 2014
ACC today released a set of chemical hazard and risk-assessment principles designed to provide “obtainable, high-level benchmarks” for fixing federal programs so they...
http://www.chemweek.com/home/top_of_the_news/ACC-announces-new-principles-to-guide-chemical-assessments_60610.html
April 25, 2014
PetroChina’s refining and chemicals business reports an operating loss of 2.21 billion renminbi ($354 million) in the first quarter of 2014 compared with an operating loss of...
http://www.chemweek.com/home/top_of_the_news/PetroChinas-chemicals-business-loss-widens_60596.html
April 25, 2014
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 65.3% fall in operating profits for the first quarter of 2014 compared with the...
http://www.chemweek.com/home/top_of_the_news/SK-Global-Chemical-reports-huge-fall-in-operating-profits_60595.html
April 25, 2014
Kuraray reports a 2.05% rise in net profits for its fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥29.4 billion ($287 million). Full-year sales...
http://www.chemweek.com/home/top_of_the_news/Kuraray-reports-rise-in-profits-and-sales_60594.html
April 25, 2014
Mitsubishi Chemical and the University of California, Santa Barbara (UCSB) have agreed to extend their agreement for a comprehensive R&D alliance in the field of advanced...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-and-University-of-California-extend-R-and-D-alliance_60592.html
April 25, 2014
BASF says it is "implementing a series of measures" within its nutrition and health division, aimed at strengthening the competitiveness of its performance products segment...
http://www.chemweek.com/home/top_of_the_news/BASF-restructures-nutrition-and-health-260-jobs-to-go-by-end-of-2015_60602.html
April 24, 2014
Eastman today announced its first quarter results, with net income dropping 6% year-on-year (YOY), to $233 million. Reported adjusted earnings of $1.61/share were 1 ct below the year-ago quarter but above analyst estimates of $1.58/share, according to Thomson Reuters (New York). Sales of $2.3 billion were flat YOY....
http://www.chemweek.com/home/top_of_the_news/Eastman-earnings-down-on-flat-sales-in-first-quarter_60585.html
April 24, 2014
Olin (Clayton, MO) has reports year-over-year (YOY) declines in sales and income for the first quarter, but earnings of 37 cts/share beat the analysts’ consensus estimate of 33 cts/share. The company has also announced a three-year, eight million-share repurchase program....
http://www.chemweek.com/home/top_of_the_news/Olin-first-quarter-sales-earnings-down-on-chlor-alkali-products_60577.html
April 24, 2014
Lonza, in its business update announcement for the first quarter of 2014, says that the year 2014 started with a good momentum, leading to a better business performance than the...
http://www.chemweek.com/home/top_of_the_news/Demand-growth-boosts-Lonzas-first-quarter-performance_60514.html
April 24, 2014
PetroLogistics (Houston) reports strong sales and high volumes for the first quarter. Soaring feedstock costs took a deep bite out of margins, but the company beat the analysts’ consensus of 33 cts/share, turning in earnings of 37 cts/share....
http://www.chemweek.com/home/top_of_the_news/PetroLogistics-reports-strong-first-quarter-despite-high-propane-costs_60550.html
April 24, 2014
Air Products told investors on its earnings call 23 April that the search for its next CEO continues. Air Products announced last September that current CEO John McGlade will...
http://www.chemweek.com/home/top_of_the_news/Air-Products-says-search-for-CEO-on-track_60540.html
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