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August 28, 2015
Swiss flavors and fragrances manufacturer Givaudan has slightly trimmed its five-year organic sales growth target to 4–5%/year in 2015–20, down from the previous...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Givaudan-aims-to-grow-outside-traditional-core-to-counter-possible-slowing-of-emerging-markets_73307.html
August 26, 2015
Molycorp will suspend production at its Mountain Pass, CA rare earths facility by 20 October, the company says. The facility will go into “care and maintenance mode,” with...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Molycorp-to-suspend-production-at-Mountain-Pass_73189.html
August 25, 2015
Valspar on Tuesday reported fiscal third-quarter net income up 5.2% year-on-year (YOY), to $102.9 million, on sales down 6.5%, to $1.15 billion. Adjusted earnings totaled $1.33/share...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-beats-estimates-narrows-full-year-guidance_73170.html
August 25, 2015
Albemarle is planning to move its corporate headquarters and performance chemicals business operations to Charlotte, NC, from Baton Rouge, LA, as of June 2016. The company’s...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Albemarle-to-move-corporate-headquarters-to-Charlotte-NC_73161.html
August 24, 2015
TerraVerdae BioWorks (Wilton, UK) has achieved commercial pilot-scale production of its biodegradable, natural microspheres for use in personal care and cosmetic products, as a direct...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Bioplastics-startup-achieves-commercial-pilot-scale-PHA-biomaterial-production_73138.html
August 20, 2015
PPG Industries plans to acquire the remaining stake in Chemfil Canada (Windsor, ON), a joint venture between PPG and Madinal Enterprises. Terms of the deal were not disclosed. Chemfil...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-to-acquire-remaining-stake-in-Canada-JV_73101.html
August 19, 2015
Ajinomoto (Tokyo), a producer of amino acids, flavors, pharmaceuticals and specialty chemicals, says it has agreed with flavors specialist T. Hasegawa (Tokyo) to form an alliance...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Ajinomoto-and-T-Hasegawa-form-natural-flavors-alliance_73063.html
August 18, 2015
Axalta has signed an agreement with National Coatings and Supplies (NCS; Raleigh, NC), a distributor, under which NCS will distribute Axalta’s powder coatings products in Utah...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-signs-distribution-deal-in-western-US_73055.html
August 14, 2015
Plastic additives producer Songwon Industrial (Ulsan, South Korea) has posted huge increases in profits for the second quarter on higher selling prices and lower feedstock costs. Net...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Songwons-profits-surge-on-higher-prices-cheaper-raw-materials_72993.html
August 14, 2015
Germany’s chemical industry association VCI (Frankfurt) and the Federal Environment Ministry (BMUB) are collaborating in the development of new methods to measure the level of...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/VCI-Further-developments-in-human-biomonitoring_72992.html
August 13, 2015
Holding company Platform Specialty Products today reported a second-quarter net loss of $12.2 million, compared with a $400,000 loss in the year-ago quarter, on sales that more than...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Platform-results-hit-by-strong-US-dollar-ag-weakness_72924.html
August 12, 2015
Hexion has reported a second-quarter net loss of $2 million, compared with a loss of $22 million in the year-ago quarter, on sales down 19% year-on-year (YOY), to $1.09 billion...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Hexion-net-loss-narrows_72893.html
August 11, 2015
International Flavors and Fragrances (IFF) has reported second-quarter net income down 4% year-on-year (YOY), to $105.4 million, or $1.30/share, on sales down 3%, to $767.5 million...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-income-falls-due-to-strong-dollar_72871.html
August 6, 2015
Activated carbons maker Orion Engineered Carbons has reported a second-quarter net profit of €14.6 million ($16.0 million), compared with a loss of €6.4 million in the...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Orion-Engineered-Carbons-swings-to-profit-despite-lower-revenues_72815.html
August 6, 2015
WestRock (Richmond, VA) has appointed Albemarle executive v.p. D. Michael Wilson as CEO of its Ingevity specialty chemicals unit, effective 1 September. Ingevity, the former MWV...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/WestRock-appoints-CEO-of-Ingevity_72796.html
August 6, 2015
Flavors and fragrances firm Symrise (Holzminden, Germany) has posted sales of €1.33 billion ($1.43 billion) in the first six months of this year, an increase of 41% year-on-year...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-reports-double-digit-sales-profit-growth-in-first-half-robust-profitability_72789.html
August 6, 2015
Calgon Carbon today reported second-quarter net income down 17.1% year-on-year (YOY), to $12.6 million, or 24 cts/share, on sales down 7.1%, to $135.5 million. Negative currency...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Calgon-Carbon-earnings-fall-on-currency-impacts_72806.html
August 5, 2015
Swan Chemical, a wholly owned subsidiary of specialty chemicals firm Thomas Swan (Consett, UK) says it has acquired Production Systems Inc. (PSI; Akron, OH), a distributor of a range...
http://www.chemweek.com/markets/specialty_chemicals/rubber_processing_chemicals/Swan-Chemical-acquires-Production-Systems-Inc-_72758.html
August 4, 2015
Sun Chemical (Parsippany, NJ), a wholly owned subsidiary of DIC (Tokyo), has announced that it has acquired Kingfisher Colours (Reading, UK), a privately owned cosmetics color...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Sun-Chemical-acquires-UK-cosmetics-color-firm_72723.html
August 4, 2015
Paints and coatings company Tikkurila (Helsinki) has reported that sales fell 7% year-on-year in second-quarter 2015, to €179.5 million ($196.9 million), compared with €192.9...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-sales-fall-in-second-quarter-and-first-half-but-profitability-improves_72721.html
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