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Archives :: Markets :: Basic Chemicals
Displaying 1 - 20 of 2115 stories.
February 8, 2012
FMC announced fourth-quarter 2011 net income up of $77.9 million ($1.10/share), compared to a net loss of $53.5 million (74 cts share) in the fourth quarter of 2010. Net income in the...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/FMCs-Income-Rises-on-Strong-Sales-Across-All-Businesses_41184.html February 8, 2012
Agrium today reported fourth-quarter net earnings of $193 million, or $1.20/share, up 43% from the year-ago period. Excluding a $134 million loss from discontinued operations...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-Earnings-Rise-43-percent_41093.html February 8, 2012
Compass Minerals reported fourth-quarter net income of $43.9 million, down 28% from the year-ago quarter, on losses caused by a tornado that struck the company’s salt mine and...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Unfavorable-Weather-Conditions-Impact-Earnings-at-Compass-Minerals_41086.html February 8, 2012
Indorama Ventures (Bangkok) says it will acquire the chemical assets of Old World Industries (Northbrook, IL), including its production facility located at Clear Lake, TX, for $795 million. Old World will retain its consumer products division, including Peak antifreeze. As part of the purchase agreement, Old World will enter into a long-term glycol supply contract with Indorama for its antifreeze production in the U.S....http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/Indorama-to-Acquire-Old-Worlds-Chemical-Assets-for-$795-Million-updated_41050.html February 8, 2012
Rusal (Moscow), the global leading producer of aluminum, and fertilizer producer PhosAgro today announced an agreement for the supply of increased quantities of aluminum fluoride by...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-and-Russian-Aluminum-Maker-Sign-Aluminum-Fluoride-Supply-Deal_41079.html February 7, 2012
LSB Industries (Oklahoma City, OK) says it has completed a planned project to increase anhydrous ammonia capacity at its Pryor, OK facility. The nameplate production level of ammonia...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Completes-Anhydrous-Ammonia-Expansion-at-Pryor-OK_41074.html February 7, 2012
Yara (Oslo), the global fertilizer major, today reported strong fourth-quarter results, reflecting “good farm profitability and improved margins." It also said...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-Reports-Strong-Fourth-Quarter-Results-on-Good-Farm-Profitability-and-Margins_41053.html February 7, 2012
Jacobs Engineering says it has received a contract from Methanex, the world's leading supplier of methanol, to provide engineering services for a planned methanol production facility...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Jacobs-Awarded-Contract-for-Methanex-Plant-Relocation_41059.html February 3, 2012
Dow Corning saw net fourth-quarter net income rise 3% year-on-year, to $260 million, the company says. Fourth-quarter sales were down 4%, to $1.52 billion, due to soft pricing...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-Net-Income-Rises-3-percent-on-Long-Term-Sales-Contracts_41007.html February 3, 2012
Mosaic says it will curtail potash production up to 20% through May of this year following similar announcements over the last two months from Mosaic and other producers, which cited...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-to-Cut-Potash-Production-up-to-20-percent-Through-May_41004.html February 1, 2012
Westlake has increased its bid for Georgia Gulf by 17%, to $35/share, or about $1.29 billion. Westlake will also pay a portion of the consideration to Georgia Gulf shareholders in...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Westlake-Raises-Bid-for-Georgia-Gulf_40957.html February 1, 2012
Borealis has, as expected, acquired fertilizer producer PEC-Rhin (Ottmarsheim, France) from GPN, a Total subsidiary. Financial terms of the deal were not disclosed. GPN became 100%...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Borealis-Buys-Fertilizer-Company-from-Total_40955.html February 1, 2012
Yara International has acquired an additional 16% stake in fertilizer company Burrup Holdings Ltd. (BHL; Perth, Australia) for $143 million, raising its stake in BHL to 51%. Meanwhile...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-and-Apache-Carve-up-Australian-Fertilizer-Producer_40954.html January 31, 2012
Olin says net income from continuing operations in the fourth quarter of 2011 was $18.7 million (23 cts/share). This is significantly higher than the company's fourth-quarter 2010 net...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Olins-Fourth-Quarter-Earnings-Increase-Due-to-Lower-Restructuring-Charges_40928.html January 27, 2012
This Week on CW: Eastman Chemical announced plans to acquire Solutia for $4.7 billion in cash and stock, including assumed debt. The purchase price of $27.65/share, including cash and...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Chemical-Industry-Weekly-News-Round-Up-Jan-27_40883.html January 27, 2012
Total says that a recently announced aromatics and ethylene-vinyl acetate (EVA) copolymer project by the company's Samsung Total Petrochemicals joint venture will cost a combined $1.8...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Total-Details-Aromatics-Project-in-Korea_40865.html January 26, 2012
Methanex says fourth-quarter net income nearly tripled from the year-ago quarter, to $64 million, on increased sales volumes and steady methanol demand. Revenue was up 22%, to...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Earnings-Rise-at-Methanex_40786.html January 26, 2012
Kuwait has confirmed that it has selected Total as the partner in a previously announced $9-billion refinery and petrochemical complex to be built at Donghai Island near Zhanjiang...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Total-Partners-with-Kuwait-Petroleum-Sinopec-in-Donghai-Island-Petchems-Project_40780.html January 26, 2012
Desso (Waalwijk, the Netherlands), a manufacturer of carpets and flooring systems made from materials such as nylon 6, nylon 6,6 and polypropylene (PP), in 2007 changed its business...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/caprolactam/Cradle-to-Cradle-Manufacture-Flooring-Producer-Desso-Lays-Out-New-Approach_40781.html January 26, 2012
PotashCorp of Saskatchewan reported fourth-quarter net income up 34%, to $683 million (78 cts/share), on sales up nearly 3%, to $1.87 billion. Despite higher realized prices...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PotashCorp-Posts-Gains-on-Higher-Selling-Prices_40788.html |
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