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November 17, 2014
A. Schulman says it is closing a former Ferro specialty plastics plant at Stryker, OH in April of next year. The plant’s production – mostly for customers in the US and...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Schulman-to-close-plant-in-Ohio-as-part-of-restructuring_65495.html
November 17, 2014
Halliburton says it is acquiring all outstanding shares of rival Baker Hughes, for $78.62/share, or $38 billion, including debt, in a deal that will create an oilfield services giant...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Halliburton-and-Baker-Hughes-to-merge-in-$38-billion-deal_65483.html
November 14, 2014
International Flavors & Fragrances (IFF) announced today that its current executive v.p. and CFO, Kevin Berryman, will be leaving the company to take a senior leadership role...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-CFO-to-step-down-interim-CFO-named_65447.html
November 14, 2014
Paints and coatings company Tikkurila (Helsinki) lowered its guidance for 2014 shortly after announcing its results for the third quarter of 2014 and expecting revenue and Ebit...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-lowers-its-guidance-for-2014_65439.html
November 13, 2014
Lonza ‘s consumer care segment has signed an agreement with Koda’s care segment for Koda to serve as Lonza’s exclusive third-party distributor of hygiene and personal...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Lonza-partners-with-Koda-for-personal-care-distribution-in-North-America_65364.html
November 13, 2014
Coatings maker Axalta, owned by private equity firm The Carlyle Group (New York), has commenced an IPO that could raise up to about $1 billion – far higher than previously...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-to-commence-IPO_65122.html
November 13, 2014
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results for the first nine months of 2014, with a “considerably increase in sales and...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-reports-considerable-increase-in-sales-and-earnings_65360.html
November 11, 2014
Henkel's adhesive technologies business's adjusted operating profit during the third quarter was €373 million ($464.9 million), matching that of quarter-three last year. The...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Henkels-third-quarter-adhesives-profit-stable_65292.html
November 10, 2014
Momentive Specialty Chemicals (MSC) today reported third-quarter Ebitda up 4% year-on-year (YOY), to $125 million, on revenues up 8%, to $1.35 billion. The increases were mostly due to...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Momentive-Specialty-Chemicals-reports-earnings-increase_65277.html
November 6, 2014
Paints and coatings company Tikkurila (Helsinki) says its revenue in the third quarter was €179.6 million ($224.8 million), a decrease of 5.3% compared with sales of €189.6...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-sales-Ebit-fall-in-third-quarter-2014-market-continues-to-be-challenging_65179.html
November 6, 2014
Taminco today reported net income that rose nearly fivefold year-on-year (YOY), to $29 million, or 43 cts/share, on sales up 22%, to $369 million. Earnings easily beat analysts’...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Taminco-beats-estimates-on-higher-sales_65194.html
November 5, 2014
Ashland today reported fiscal fourth-quarter net loss of $26 million, compared with a profit of $336 million in the year-ago quarter, on sales up 5% year-on-year, to $1.5 billion...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Ashland-beats-estimates-on-solid-specialties-Valvoline-results_65160.html
November 5, 2014
Algae-based oils firm Solazyme (South San Francisco) and Versalis, the chemical subsidiary of Eni S.p.A., today announced a partnership to expand the commercial use of Encapso, ...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Solazyme-to-supply-algae-based-drilling-fluid-additive-to-ENI_65159.html
November 5, 2014
Rockwood today reported third-quarter net income from continuing operations of $54.4 million, a nearly sevenfold year-on-year (YOY) increase, on sales up 3%, to $356.3 million...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Rockwood-beats-estimates-on-solid-surface-treatment-results_65141.html
November 5, 2014
Momfluorothrin and 5-chloro-2-methylisothiazol-3(2H)-one (CMIT) have been added to the registry of intentions (RoI) under the harmonised classification and labelling (CLH) regulation...
http://www.chemweek.com/markets/specialty_chemicals/biocides/Momfluorothrin-CMIT-added-to-registry-of-intentions-under-CLH_65136.html
November 4, 2014
Albemarle says it is expanding capacity for production of liquid curatives at its site in Pasadena, TX. The expansion will support liquid curatives used in polyureas, urethanes and...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Albemarle-to-expand-liquid-curative-production_65109.html
November 4, 2014
IFF today reported third-quarter net earnings up 8% year-on-year (YOY), to $107.4 million, on sales up 4%, to $773.8 million. Earnings totaled $1.32/share, matching analysts’...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-earnings-rise-on-solid-fragrances-results_65107.html
November 4, 2014
AkzoNobel says it has started operations at its previously announced new powder coatings plant at Dubai. The facility will significantly increase capacity for the company’s...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobel-starts-up-powder-coatings-facility-in-Dubai_65093.html
October 31, 2014
Mexico’s Federal Economic Competition Commission (FECC) has approved PPG’s $2.3-billion acquisition of rival paint-maker Comex, clearing the way for the deal to close in...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-gains-Mexican-regulatory-approval-for-Comex-acquisition_65040.html
October 30, 2014
Cosmetic products in which the final formulation, ingredients in a final formulation, or a finished product, have been subject to animal testing may not be placed on the market...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/European-Commission-ECHA-clarify-testing-requirements-of-Reach-cosmetics-regulation_64951.html
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