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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
February 18, 2015
Innospec has reported net income down 3.0% year-on-year (YOY), to $27.9 million, or $1.11/share, on sales up 20%, to $290.7 million. Ebitda rose 28% YOY, to $49.5 million, while...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Innospec-net-income-declines-despite-higher-sales_67865.html
February 18, 2015
Specialty chemical maker MacDermid has named Scott Benson president, effective 20 February. Benson will have responsibility for all of MacDmermid’s operations, including the...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/MacDermid-names-new-president_67878.html
February 18, 2015
Stepan today reported net income down 42% year-on-year (YOY), to $6.2 million, or 27 cts/share, on sales down 4%, to $454.2 million. Adjusted net income totaled $8.8 million, or 38...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Stepan-misses-estimates-on-weak-surfactants-results_67864.html
February 16, 2015
AkzoNobel says that its performance coatings business will invest €2.5 million ($2.8 million) to expand its plant at Cikarang, Indonesia. The expansion is expected to be completed...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobel-to-expand-coatings-capacity-in-Indonesia_67811.html
February 13, 2015
KH Neochem (Tokyo) and CPC (Taipei) have agreed to form a jv for the production of isononyl alcohol (INA), says KH Neochem. The companies expect to establish the jv, Taiwan-Japan Oxo Chemical Industries, in June, followed by the construction of a $400 million, 180,000 m.t./year INA plant in Kaohsiung City, Taiwan....
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/KH-Neochem-CPC-to-build-$400-million-isononyl-alcohol-plant-in-Taiwan_67794.html
February 12, 2015
TPC Group (Houston) says its board has approved funds for front end engineering and design (FEED) work to finalize the design and estimated cost of a third polyisobutylene (PIB) production unit...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/TPC-to-finalize-design-cost-of-third-polyisobutylene-unit_67769.html
February 12, 2015
IFF today reported net income up 47% year-on-year (YOY), to $90.1 million, or $1.10/share, on net sales up 4%, to $756.1 million. Adjusted earnings totaled $1.07/share, beating...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-earnings-beat-estimates-on-solid-sales-growth_67758.html
February 11, 2015
Delta-Energy Group says it will invest $45 million to build a facility for the production of carbon black and other materials from scrap tires in Natchez, MS....
http://www.chemweek.com/markets/specialty_chemicals/rubber_processing_chemicals/Delta-Energy-to-build-$45-million-carbon-black-plant-in-Mississippi_67726.html
February 11, 2015
Prayon (Engis, Belgium) says that it will build a manufacturing unit for food-grade sodium hexametaphosphate (SHMP) that will double the company's SHMP capacity. The plant will be...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Prayon-to-build-food-grade-phosphate-plant-in-US_67719.html
February 11, 2015
Kemira (Helsinki) has today announced results for fourth-quarter and full-year 2014. The company says that revenue “remained stable” at €547.1 million ($619.4 million)...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/Kemira-reports-growth-improved-profitability_67682.html
February 10, 2015
Paints and coatings company Tikkurila (Helsinki) says its revenue in fourth-quarter 2014 was €104.4 million ($118.0 million), a drop of 11% compared with sales of €116.7...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-reports-fall-in-sales-and-profit-in-fourth-quarter-and-full-year-2014_67678.html
February 9, 2015
Quinpario Acquisition 2, the new blank-check fund formed by former Solutia CEO Jeffry Quinn, is eyeing Arsenal Capital’s Royal Adhesives & Sealants (South Bend, IN), in a...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Report-Quinn-firm-eyeing-Royal-Adhesives_67668.html
February 9, 2015
Solenis, the former Ashlad water treatment business, today completed the acquisition of tissue-and-towel chemicals maker Clearwater Specialties (Clarkston, WA). Financial terms of the...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/Solenis-completes-Clearwater-Specialties-acquisition_67653.html
February 6, 2015
Huntsman says that its textile effects division has obtained a final judgment from a Chinese court against Shanghai Colva Dyestuff Industry (Colva). The High People's Court in Shanghai...
http://www.chemweek.com/markets/specialty_chemicals/textile_chemicals/Chinese-court-upholds-textile-ink-patent-infringement-ruling-in-favor-of-Huntsman_67610.html
February 6, 2015
Sensient Technologies (Milwaukee) has announced adjusted operating income of $48.0 million in fourth-quarter 2014 compared with $44.6 million for the year-ago period, an increase of...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-Technologies-reports-increases-in-operating-income_67605.html
February 5, 2015
Contract manufacturing organizations (CMOs), including many fine chemical makers, are among the big beneficiaries from changes at big pharmaceutical companies, say attendees at...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Informex-2015-CMOs-benefit-from-changes-at-big-pharma_67545.html
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