IHS Chemical Week

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Displaying 1 - 20 of 356 stories.
August 1, 2014
Most commodity and diversified chemical makers have turned in solid results for the second quarter, the combined result of improving demand and productivity gains. Dow Chemical reports...
http://www.chemweek.com/lab/Commodity-diversified-makers-report-a-solid-second-quarter_62858.html
August 1, 2014
US chemical profits have rebounded over the past five years thanks to the shale gas boom. Not only are quarterly and yearly earnings, sales, and profits up, but these increases have extended to C-suite executives and vice presidents, since the increased focus on pay-for-performance is boosting compensation....
http://www.chemweek.com/lab/Executive-compensation-Pay-inches-up-metrics-evolve_62896.html
July 25, 2014
Dow Chemical's second-quarter results beat estimates as margins improved in its performance plastics segment and sales increased across all of the company's business segments. Dow...
http://www.chemweek.com/lab/Dow-beats-estimates_62660.html
July 25, 2014
BASF today reported a 12.3% increase in second-quarter net income, to €1.3 billion ($1.7 billion), on 0.6% higher sales, €18.5 billion. Ebitda was up 9.0%, to €2.7...
http://www.chemweek.com/lab/BASF-reports-higher-earnings-on-flat-sales-confirms-outlook_62685.html
July 23, 2014
Air Products chairman and CEO Seifi Ghasemi, who took the helm of the company on 1 July, says that a focus cash generation and improved capital allocation will drive company strategy....
http://www.chemweek.com/lab/New-Air-Products-CEO-says-emphasis-on-cash-and-capital-allocation-to-guide-strategy_62682.html
July 23, 2014
The chemical industry continues to face public mistrust despite dramaticaly improving process and product safety under ACC’s Responsible Care program. The program is constantly evolving to address public concerns and improve industry’s health and safety profile....
http://www.chemweek.com/lab/Responsible-Care-focuses-on-continual-improvement_62314.html
July 23, 2014
Research spending in the German chemical industry climbed to a record €9.6 billion in 2012, an increase of 6.0% compared with that in 2011, according to VCI. The chemical-pharmaceutical industry wants to increase R&D spending in 2014 to €10 billion, according to VCI....
http://www.chemweek.com/lab/Chemical-innovation-The-modern-research-lab-made-in-Germany_61401.html
July 22, 2014
Tesoro (San Antonio) says it plans to produce petrochemical feedstock in its US west coast refining system. The company intends to gather intermediate feedstock, primarily reformate...
http://www.chemweek.com/lab/Tesoro-to-produce-xylene-on-US-West-Coast-for-export-to-Asia_62629.html
July 18, 2014
PPG Industries has named Michael McGarry, current executive v.p., as COO, effective 1 August. McGarry will have responsibility for all of PPG’s strategic business units and operating regions and for the information technology (IT); environment, health, and safety (EH&S); and purchasing functions....
http://www.chemweek.com/lab/PPG-names-COO_62554.html
July 18, 2014
Coating makers PPG Industries and Sherwin-Williams (SW) both report solid second-quarter results, since earnings increased year-on-year (YOY) and beat estimates on rising sales and volumes....
http://www.chemweek.com/lab/Coatings-makers-post-solid-second-quarter-earnings_62567.html
July 18, 2014
Alpek and BASF have signed agreements covering the expandable polystyrene (EPS) and polyurethane (PU) business activities of their Polioles joint venture in Mexico and BASF’s EPS business in North America and South America, excluding BASF’s Neopor grey EPS business....
http://www.chemweek.com/lab/Alpek-BASF-plan-EPS-and-polyols-swap-in-the-Americas_62563.html
July 18, 2014
Albemarle has reached an agreement to acquire Rockwood Holdings, a leading producer of lithium and surface treatment chemicals, for $6.2 billion in cash and stock in a bid to recharge revenue and earnings growth....
http://www.chemweek.com/lab/Albemarle-to-buy-Rockwood-Holdings-for-$6-2-billion_62562.html
July 17, 2014
PPG Industries has named Michael McGarry, current executive v.p., as COO, effective 1 August. McGarry will have responsibility for all of PPG’s strategic business units and...
http://www.chemweek.com/lab/PPG-names-McGarry-as-COO_62512.html
July 11, 2014
BASF today provided more information on its asset swap deal with Alpek, which was announced on Thursday. Alpek and BASF have signed agreements covering the expandable polystyrene (EPS)...
http://www.chemweek.com/lab/Alpek-to-acquire-large-part-of-BASFs-EPS-business-BASF-to-buy-Polioless-PU-operations-Update_62393.html
July 10, 2014
Axiall (Atlanta) says the extended ramp-up of its PHH vinyl chloride monomer manufacturing facility at Lake Charles, LA, and weakness in building products and aromatics have dampened expectations for the second quarter. The company now expects to report adjusted Ebitda of $125–130 million versus $180 million in the year-ago quarter....
http://www.chemweek.com/lab/Axiall-lowers-earnings-expectations_62396.html
July 10, 2014
The chemical industry in Germany is starting to feel the wind in its sails, chemical trade association VCI (Frankfurt) said at a press conference today. Domestic production of...
http://www.chemweek.com/lab/German-chemical-industry-feels-tail-wind-first-half-output-up-3-percent_62366.html
July 10, 2014
Archer Daniels Midland (ADM) today announced that it is acquiring Wild Flavors GmbH (Zug, Switzerland), for an enterprise value of approximately €2.3 billion ($3.13 billion)...
http://www.chemweek.com/lab/Archer-Daniels-Midland-to-buy-Wild-Flavors-for-$3-billion_62266.html
July 7, 2014
Kraton Performance Polymers notified LCY Chemical (Taipei) on 30 June that Kraton’s board of directors intends to withdraw its recommendation that Kraton stockholders approve the...
http://www.chemweek.com/lab/Kraton-rethinks-merger-with-LCY-Chemicals-SBC-business_62305.html
July 7, 2014
After three years of flat to negative growth, US basic chemicals production, powered by rising domestic demand and increasing export opportunities, will ramp up this year and remain...
http://www.chemweek.com/lab/ACC-US-basics-production-to-snap-back-this-year_62294.html
July 7, 2014
Ineos will acquire BASF’s 50% stake in Styrolution (Frankfurt), a joint venture between the companies, for €1.10 billion ($1.47 billion), the companies have announced. The shareholders’ agreement, signed in 2011, includes a call option favoring Ineos purchasing BASF’s stake in the jv, the companies say....
http://www.chemweek.com/lab/Ineos-to-acquire-BASFs-50-percent-stake-in-Styrolution-for-&euro1-10-billion_62290.html
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