IHS Chemical Week

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April 29, 2015
Ferro announced today it has agreed to acquire Nubiola Pigmentos (Barcelona), a maker of specialty inorganic pigments, for €146 million ($162.3 million). Nubiola is the...
April 29, 2015
Chemtura today reported first-quarter earnings of $21 million, more than double the year-ago quarter, on sales down 21% year-on-year (YOY), to $438 million. On a managed basis...
April 29, 2015
Avery Dennison today reported first-quarter net income up 1% year-on-year (YOY), to $71.6 million, on sales down 1%, to $1.53 billion. Adjusted net income from continuing operations...
April 29, 2015
Dow Corning reports net income for the first quarter of $185 million, down 3.1% year-on-year (YOY) from $191 million. Sales totaled $1.36 billion, down 11% YOY. The declines reflect fewer polysilicon shipments to long-term contract customers, says J. Donald Sheets, the company’s executive v.p. and CFO. “These contracts have a degree of variability when customers take their product, and recent order patterns have resulted in customer orders being concentrated in the fourth quarter," he says....
April 29, 2015
The European Chemicals Agency (ECHA; Helsinki) and the Danish Environmental Protection Agency (DEPA; Copenhagen) have announced that they will jointly investigate the need for a...
April 28, 2015
Croda International says it has broken ground on a £120m ($170 million) plant at its New Castle, DE facility that will be designed to produce non-ionic surfactants from renewable...
April 28, 2015
Stepan (Northfield, IL) reports net income of $21.3 million, up 63% year-on-year (YOY) from $13.0 million. Sales declined 3.5% YOY to $460.5 million. Earnings of 93 cts/share blew past the analysts’ consensus estimate of 57 cts/share. The company attributes the strong results to actions taken in 2014 to improve product mix, reduce cost, and improve efficiency. Slightly higher volumes and margins offset the impact of a stronger US dollar....
April 28, 2015
A. Schulman is undertaking a public offering of $110 million worth of cumulative perpetual convertible special stock, to help fund the $800-million acquisition of plastics compounder...
April 28, 2015
Ecolab today reported net income up 22% year-on-year (YOY), to $233.4 million, on sales down 1%, to $3.30 billion. Adjusted earnings totaled 80 cts/share, up 8% YOY, but slightly short...
April 22, 2015
Balchem says it has appointed Ted Harris as its president and CEO, effective 28 April. Harris was most recently senior v.p. and president/performance materials at Ashland. He headed...
April 21, 2015
DuPont today reported net income down 28% year-on-year (YOY), to $1.03 billion, on net sales down 9%, to $9.17 billion. Operating earnings totaled $1.34/share, beating analysts’...
April 21, 2015
Sensient Technologies (Milwaukee) has reported net earnings of of $30.5 million the first quarter of 2015 compared with a loss of $2.08 million in the year-ago quarter. Revenue...
April 16, 2015
Albemarle says a catalyst research collaboration with Utrecht University and Stanford University has yielded to an innovative, new method for observing fluid catalytic cracking (FCC)...
April 16, 2015
Sherwin-Williams (SW) today reported first-quarter net income up 13.8% year-on-year (YOY), to $131.4 million, on sales up 3.5%, to $2.45 billion. Earnings totaled $1.38/share, short of...
April 16, 2015
PPG Industries today reported first-quarter net income from continuing operations totaling $321 million, or $2.33/share, up 15.9% year-on-year (YOY), on sales up 1%, to $3.7 billion...
April 15, 2015
Paints and coatings company Tikkurila (Helsinki) says it is expanding its production network with the opening of a new factory in Almaty, Kazakhstan, in April 2015. The plant will...
April 14, 2015
Peter Greven (Bad Münstereifel, Germany), a leading producer of oleochemical additives, says that it is starting up a produciton facility this month for metallic soaps at the...
April 14, 2015
Delo Industrial Adhesives (Windach, Germany), which produces adhesives and application technologies for a wide range of industries, says it achieved sales revenues of €74 million...
April 13, 2015
Arkema has expanded its acrylic resin manufacturing capacity at Araçariguama, Brazil, by 60%, the company announced today. A new reactor will enable Arkema to introduce its...
April 13, 2015
A. Schulman says it will establish a new masterbatch production facility near Istanbul, with capacity for 40 million pounds/year of additive, white and breathable masterbatches for...
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