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March 19, 2015
Antioxidants maker Addivant, which is owned by private equity firm SK Capital (New York), today named John Steitz CEO. Steitz was most recently COO at PQ Corporation, and has also...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/SK-Capitals-Addivant-names-John-Steitz-CEO_68638.html
March 19, 2015
PPG today completed a $40 million, 65,000-square-foot expansion of a coatings manufacturing plant at Sumare, Sao Paulo, Brazil. The plant makes resins for electrocoat products for...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-completes-expansion-in-Brazil_68707.html
March 18, 2015
Ningbo Haiyue New Material's (Ningbo, China) plant at Ningbo has become the first propane dehydrogenation (PDH) plant to operate using Clariant's heat-generating material (HGM) for...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Performance-of-China-PDH-plant-improved-by-Clariant-catalyst_68660.html
March 17, 2015
GlycoSurf (Tucson, AZ), a University of Arizona (UA) start-up, has finalized an exclusive license agreement for a new chemical synthesis technology that it says could replace...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/US-based-start-up-finalizes-licensing-agreement-for-biobased-surfactant-synthesis-technology_68636.html
March 13, 2015
One Rock Capital (New York), a private equity firm associated with Mitsubishi Corp., has purchased a stake in Compass Chemical (Smyrna, GA), a maker of organophosphates. Terms of the...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/One-Rock-Capital-buys-stake-in-Compass-Chemical_68555.html
March 10, 2015
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results for 2014, exceeding its targets and making “substantial Increases in sales...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-reports-increases-in-sales-Ebitda_68405.html
March 5, 2015
Perstorp (Perstorp, Sweden) has announced the successful start-up of its oxo plant at Stenugsund, Sweden. The new plant is Perstorp’s largest ever plant investment, boosting its...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Perstorp-starts-up-oxo-unit-its-largest-plant-investment_68339.html
March 4, 2015
Henkel says that operating profit in the company's adhesive technologies business unit increased to €314 million in the fourth quarter of 2014, from €259 million in the...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Henkels-adhesives-sales-profit-up-on-growth-in-emerging-markets_68301.html
March 4, 2015
Axalta today opened an automotive water-based coatings plant in China. The plant, which is adjacent to Axalta’s operations center in Shanghai’s Jiading district, will...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-opens-water-based-coatings-plant-in-Shanghai_68275.html
March 4, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) posted net income of $78 million in the fourth quarter of 2014, compared with $69 million one year earlier. The comparison...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/SQMs-net-income-up-sales-stable_68294.html
March 4, 2015
Rennovia (Santa Clara, CA) and Johnson Matthey have entered into a joint agreement for the co-development and manufacture of catalysts to be used in the scale-up and commercialization...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Rennovia-Johnson-Matthey-to-co-develop-and-manufacture-catalysts-for-biobased-adipic-acid-process_68297.html
March 3, 2015
Perstorp (Malmö, Sweden) reported a net loss of 942 million Swedish krona ($113 million) during the fourth quarter of 2014 down from the SEK1.03 billion loss reported in the...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Perstorps-fourth-quarter-net-loss-drops-Ebitda-and-sales-up_68265.html
March 3, 2015
The National Industrialization Co. (Tasnee; Riyadh) has raised its stake in Dyesol (Queanbeyan, Australia), a company developing solar cells based on dye technology, to 33.50% from...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Tasnee-increases-stake-in-Dyesol_68250.html
March 3, 2015
Lygos (Emeryville, CA) has successfully produced malonic acid from sugar via a collaborative pilot project with Lawrence Berkeley National Lab’s Advanced Biofuels Process...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Lygos-succeeds-in-producing-malonic-acid-from-sugar_68253.html
February 26, 2015
Ecolab today reported fourth-quarter net income up 17% year-on-year (YOY), to $335.5 million, on net sales up 3%, to $3.68 billion. Adjusted earnings totaled $1.20/share, matching...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Ecolab-earnings-match-estimates-on-higher-sales_68042.html
February 26, 2015
Axiall today announced it has sold its phosgene and derivatives facility at LaPorte, TX to Altivia Chemicals (Houston) for an undisclosed sum. The facility makes phosgene and...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/Axiall-sells-phosgenes-facility-in-Texas_68120.html
February 25, 2015
Chemtura today reported fourth-quarter adjusted net earnings from continuing operations of $8 million, or 10 cts/share, down 50% year-on-year (YOY), on net sales down 14%, to $467...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Chemtura-beats-estimates-despite-lower-sales_68105.html
February 24, 2015
Croda's (Goole, UK) revenue for the fourth quarter of 2014 was £250.2 million ($385.3 million), up 1.5% year-on-year, the company announced today. Sales by the consumer-care...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Crodas-sales-up-in-the-fourth-quarter-despite-currency-effects_68037.html
February 24, 2015
Valspar today reported fiscal first-quarter net income that almost doubled year-on-year (YOY), to $104 million, on net sales up 4%, to $992 million. Adjusted net income rose 16.4% YOY...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-beats-estimates-but-cuts-full-year-sales-guidance_68047.html
February 23, 2015
BASF says that it has completed installing and starting up high-performance milling and decanning equipment at the company's Cinderford, UK, precious metal recycling operation, more...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/BASF-completes-precious-metals-recycling-capacity-hike-in-UK_68004.html
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