IHS Chemical Week

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Displaying 121 - 132 of 471 stories.
January 27, 2014

Olin reported fourth quarter net income of $24.7 million, down 29% year-over-year (YOY), on sales of $562.1 million, down 4% YOY. Reported earnings fell 28% YOY to 31 cts/diluted share, but equaled the analyst consensus.

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January 23, 2014
Ineos and Solvay received a statement of objections from the European Commission concerning the proposed €4.3-billion ($5.8 billion) merger of the companies' chlorvinyls...
December 20, 2013
The business activities of beleaguered polyvinyl chloride (PVC) producer Kem One (Lyon, France) will be run jointly by businessman Alain de Krassny and buyout firm OpenGate Capital...
December 17, 2013
Solvay has announced an agreement to sell its 70.59% stake in Solvay Indupa (Buenos Aires) to Braskem for $290 million. The deal, which is subject to antitrust approval, will give Braskem a commanding position in South America’s polyvinyl chloride (PVC) market....
December 5, 2013
The European Court of Justice (Luxembourg) has dismissed the appeals of Solvay, Caffaro (Torviscosa, Italy), and SNIA (Milan), and upheld a 2006 European Commission decision to fine...
December 2, 2013
Dow Chemical is carving out a $5-billion chunk of its chlorine value chain for disposal as part of the company’s long-term shift to higher-margin, noncyclical activities, Dow announced on 2 December. Over 40 manufacturing facilities at 11 sites and nearly 2,000 employees will be affected. The assets are to be split into three units: epoxy, chlorinated organics, and North American chlor-alkali and vinyl....
November 20, 2013
The official receiver of Kem One SAS (Lyon, France), the chlor-alkali and commodity polyvinyl chloride (PVC) division of Kem One (Lyon), met with the company's staff...
November 12, 2013
Oman Chlorine (Muscat) is planning a $70-million chlor-alkali plant at Abu Dhabi, according to a Reuters report quoting the company's managing director. The new production would meet...
November 11, 2013
Petroleos Mexicanos (Pemex; Mexico City) aims to improve operating margins in its petrochemical operations through the company's recently updated business plan for the period 2014-18...
November 5, 2013
Plant engineering and construction group ThyssenKrupp Industrial Solutions announced today that it has agreed with De Nora (Milan), an electrochemical technologies supplier, to form a...
October 28, 2013
Olin on 28 October reported third-quarter net income of $69.7 million, more than twice the year-earlier figure. Sales for the quarter totaled $670.7, up 15%. Earnings increased 15% to 86 cts/diluted share, handily beating the consensus estimate of 67 cts....
October 10, 2013
Skyonic (Austin, TX) has broken ground at its Capitol SkyMine plant in San Antonio, TX, the company announced. The plant is expected to capture 300,000 m.t./year of CO2 though the...
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