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February 10, 2012
AkzoNobel has unveiled a five-year research partnership with the University of Manchester (Manchester, U.K.) to investigate the science of anti-corrosion coatings. When the research...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobel-Steps-up-Research-into-Anticorrosion-Coatings_41057.html
February 9, 2012
W.R. Grace says it has reorganized its businesses into three operating segments—Catalysts Technologies, Grace Materials Technologies and Grace Construction Products—to...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Grace-Splits-Davison-Operating-Segment_41089.html
February 9, 2012
International Flavors & Fragrances (IFF) fourth-quarter 2011 earnings fell 56% year-on-year, to $24.4 million, or 30 cts/share. The decline was due to a 44 cts/share charge related...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-Adjusted-Earnings-Beat-Estimates_41214.html
February 8, 2012
Kemira says net profit from continuing operations in the fourth quarter of 2011 was €37.8 million ($50 million), 51% higher than the €25.1 million reported in the same...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Kemira-Reports-Higher-Net-Profits-but-Lower-Sales_41081.html
February 7, 2012
Fourth-quarter earnings for Sensient Technologies rose 11% year-on-year, to $28.6 million, or 57 cts/share. Earnings narrowly beat analysts’ consensus of 56 cts/share, as...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-Technologies-Earnings-Rise-11-percent-Beat-Estimates_41062.html
February 3, 2012
This Week on CW:   Dow Chemical reported a $20 million loss on a tax-related one-time charge. Excluding the charge, Dow recorded earnings of $289 million, down from the year-ago...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Chemical-Industry-Weekly-News-Round-Up-Feb-3_41016.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/specialty_chemicals/electronic_chemicals/Dow-Corning-Net-Income-Rises-3-percent-on-Long-Term-Sales-Contracts_41007.html
February 2, 2012
Molibdenos y Metales S.A. (Molymet; Santiago, Chile) has purchased a 12.5 million-share stake in Molycorp (Greenwood Village, CO) worth $390 million, Molycorp says. Molymet is the...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Chilean-Mining-Concern-Buys-Stake-in-Molycorp_40993.html
February 2, 2012
Cabot says net income in its fiscal first quarter ended December 31, 2011 was $46 million, 39% lower than the $75 million reported in the same quarter of fiscal 2011. The net profit...
http://www.chemweek.com/markets/specialty_chemicals/rubber_processing_chemicals/Cabot-Reports-Lower-Net-Profits-Higher-Prices-Boost-Ebit-and-Sales_40973.html
February 1, 2012
AkzoNobel says its Eka Chemicals subsidiary plans to invest €80 million ($105 million) in the construction of a new pulp "chemical island" facility in Brazil. Eka...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/AkzoNobel-Invests-in-Plant-to-Supply-New-Pulp-Mill-in-Brazil_40953.html
January 26, 2012
Sherwin-Williams reported fourth-quarter net income of $14.6 million, or 14 cts/share, down 80% from the same period a year-ago on a one-time tax charge. The tax charge was related to...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Sherwin-Williams-Earnings-Fall-on-Tax-Charge-Adjusted-EPS-Narrowly-Beats-Estimates_40800.html
January 25, 2012
In a regulatory initiative that will affect products ranging from rat poison to disinfectants, the European Parliament today approved by a show of hands the proposal for a...
http://www.chemweek.com/markets/specialty_chemicals/biocides/EU-to-Tighten-Harmonize-Regulation-on-Biocides_40545.html
January 20, 2012
Polymer resins producer Nuplex Industries (Auckland, New Zealand) says that its European subsidiary, Nuplex Resins, has signed an agreement to establish a 50-50 joint venture with...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Nuplex-to-Form-Resins-JV-in-Russia_40659.html
January 19, 2012
Ecolab says it expects to eliminate 500 jobs as part of an effort to reduce operating costs by $250 million/year by 2014 following its acquisition of Nalco late last year. The cost...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Ecolab-to-Cut-500-Jobs-in-Merger-Related-Restructuring_40590.html
January 19, 2012
PPG Industries reported fourth-quarter 2011 net income of $216 million, up 5% from the year-ago quarter, on sales up 4%, to $3.5 billion. Earnings per share of $1.39/share beat...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-Posts-Strong-Results-on-Improved-Demand-and-Better-Sales-Volumes_40588.html
January 19, 2012
BASF and Phillips (Eindhoven, the Netherlands) say they achieved a breakthrough in the development of organic light emitting diode (OLED) technology that will allow the...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/BASF-and-Phillips-Develop-OLED-Car-Lighting-Technology_40583.html
January 19, 2012
International Flavors & Fragrances (IFF) says it will restructure its fragrance business unit, cutting 70 jobs globally. IFF says it will reallocate some resources in its functional fragrance unit from the developed markets to the emerging markets, increasing emphasis on its Singapore and Mexico operations....
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-to-Restructure-Fragrances-Group_40586.html
January 19, 2012
Novozymes has reported a 13% increase in net profit to DK1.8 billion ($313 million) for full year 2010, on sales up 8% to DKr 10.5 billion. Exchange rates had a negative impact, with...
http://www.chemweek.com/markets/specialty_chemicals/soap_and_detergents/Novozymes-Hits-2011-Financial-Targets-Is-Cautious-on-Outlook-for-2012_40584.html
January 18, 2012
Albemarle announced today that it has formed an electronic materials business unit within the company’s performance catalyst solutions division. The new unit will sell...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Albemarle-Forms-Electronic-Materials-Unit_40575.html
January 18, 2012
Arkema says it will withdraw the Evatane 33-15 and Lotryl 14MG02 grades from its Evatane and Lotryl functional polyolefin ranges. Evatane 33-15 is an ethylene vinyl acetate (EVA)-based...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Arkema-to-Withdraw-Two-Grades-from-Functional-Polyolefin-Ranges_40544.html
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