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Displaying 1 - 20 of 67 stories.
August 28, 2014
Silicones and quartz producer Momentive Performance Materials (MPM) says the US Bankruptcy Court for the Southern District of New York is likely to confirm the company’s...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Momentive-Performance-Materials-moves-closer-to-Chapter-11-exit_63462.html
July 8, 2014
Wacker Chemie opened today a logistics facility at the company's production site at Amtala, near Kolkata, India, the company says. The high-bay warehouse has capacity for 5,000 pallet...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Wacker-opens-logistics-facility-in-India_62346.html
June 11, 2014
Nexeo Solutions’ recently acquired sales subsidiary Archway Sales has agreed to represent Dow Corning’s silicone, silane, and additive lines throughout the contiguous...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-Nexeo-Solutions-partner-for-silicone-sales_61681.html
April 10, 2014
China's silicone producers are adding capacity more quickly than the market can absorb, increasing the pressure to rationalize production, according to analysts at IHS Chemical....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/IHS-Rapid-growth-in-silicones-through-2018-but-overcapacity-threatens_60234.html
April 4, 2014
Momentive Performance Materials (MPM; Albany, NY), the silicones and quartz subsidiary of Momentive, is considering a bankruptcy filing as part of negotiations to reduce debt. “As part of this process, a filing under Chapter 11 of the US Bankruptcy Code may provide the most expeditious manner in which to effect a plan of reorganization,” MPM said in a regulatory filing....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Momentive-Performance-Materials-considers-bankruptcy-filing_60055.html
October 10, 2013
The Mexican state of Veracruz is expected to receive $5 billion in direct investment by chemical companies, foreign and domestic, in Mexico, over the next five years, according to the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Mexicos-state-of-Veracruz-expects-$11-billion-in-direct-investments-into-its-petrochemical-industry_55711.html
August 13, 2013
Momentive Specialty Chemicals reports a net loss of $28 million compared with net income of $28 million in the year-ago quarter. Operating income fell 53.3% YOY, to $49 million...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Momentive-reports-net-losses-on-weak-epoxies-quartz_54455.html
June 14, 2013
Momentive Performance Materials announced today that it is expanding two production facilities in the US and Germany. The company says it is adding manufacturing capacity to its...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Momentive-Performance-Materials-to-expand-two-silicone-production-sites_52849.html
April 15, 2013
Cabot says it has completed a fumed silica expansion at its Barry, Wales, facility, part of a 3-year plan started in 2011 to increase Cabot’s global fumed metal oxide capacity by...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Cabot-expands-fumed-silica-capacity_51124.html
April 11, 2013
Wacker Chemie has strengthened its presence in South America by inaugurating an expanded technical center, including a training center, at Jandira near São Paulo, the company...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Wacker-inaugurates-expanded-technical-center-in-Brazil_51097.html
March 25, 2013
Cabot Corp. says it has completed a fumed silica expansion at its Barry, Wales, facility, part of a 3-year plan started in 2011 to increase Cabot's global fumed metal oxide capacity by...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Cabot-expands-fumed-silica-capacity_50718.html
February 11, 2013
Dow Corning, a 50-50 joint venture between Dow Chemical and Corning, reported a net loss of $101 million for the quarter ended 31 December 2012 compared with a gain of $260 million in...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-swings-to-a-fourth-quarter-loss_49740.html
January 15, 2013
Leading polysilicon producer Hemlock Semiconductor says it will cut approximately 400 employees from its 2 US manufacturing sites and reduce polysilicon production in response to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Hemlock-Semiconductor-announces-layoffs-production-cuts_48967.html
January 9, 2013
Dow Corning says it will cut approximately 4% of of its workforce to better align the its cost structure with the "realities of today's volatile global economy." The company...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-to-cut-500-jobs_48829.html
January 9, 2013
Americhem (Cuyahoga Falls, OH), has announced the acquisition of Infinity Compounding (Swedesboro, NJ), a supplier of specialty filled and reinforced engineering thermoplastic...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Americhem-acquires-engineered-polymers-manufacturer-Infinity-Compounding_48837.html
June 6, 2012
Dow Corning says it has opened a 344,445-sq feet energy-efficient distribution center at Feluy, Belgium. The new distribution center more than doubles the capacity of Dow Corning's...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-Opens-Distribution-Center-in-Belgium_43996.html
May 8, 2012
Total worldwide silicon wafer shipments has increased 1%  in the first quarter of 2012, compared to the fourth quarter of 2011, according to the semiconductor industry trade group...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Silicon-Wafer-Shipments-Improve-in-First-Quarter_43299.html
May 1, 2012
Dow Corning reported first quarter 2012 net income down 61% from the year-ago quarter, to $71 million, due to pricing pressures and high raw material costs. Sales fell 4%, to $1.52...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-Reports-Profits-Down-61-percent-on-Pricing-Pressures-Raw-Material-Costs_43153.html
March 1, 2012
Momentive Performance Materials say it has expanded its manufacturing facility and application development center at Chennai, India. The facility, which opened in 2009, focuses on...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Momentive-Expands-Silicones-Facility-in-India_41699.html
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