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February 14, 2014
Paints maker Jotun (Sandefjord, Norway) today reported a full-year 2013 operating profit of 1.26 billion Norwegian kroner ($206.5 million), a 12% increase compared with 2012...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Jotun-reports-higher-profits-marine-coatings-are-down_58820.html
February 14, 2014
The European Food Safety Authority (EFSA; Pisa, Italy) has opened a public consultation on a draft scientific opinion on dietary reference values for niacin (nicotinic acid, or...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/EFSA-launches-public-consultation-on-dietary-reference-values-for-niacin_58835.html
February 13, 2014
International Flavors & Fragrances (IFF) today reported fourth-quarter net earnings down 9.7% year-on-year (YOY), to $61.5 million, or 75 cts/share, on revenues up 7%, to $725...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-earnings-slightly-beat-estimates-on-higher-sales_58803.html
February 13, 2014
Momentive Performance Materials (MPM) announced today that it is raising capacity for its tantalum carbide (TaC) coatings due to rising demand from electronics applications, including...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Momentive-increases-capacity-for-tantalum-carbide-coatings_58816.html
February 12, 2014
Valspar today reported fiscal first-quarter net income down 2.5% year-on-year (YOY), to $53.6 million, on sales up 9%, to $956 million. Excluding restructuring costs, adjusted net...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-beats-estimates_58774.html
February 12, 2014
Nedex (Istanbul), a producer of specialty chemicals, has received €10 million ($13.6 million) in European Bank for Reconstruction and Development (EBRD; London)  funding, the...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Turkish-firm-receives-&euro10-million-EBRD-loan_58767.html
February 12, 2014
Lehigh Technologies, a maker of micronized rubber powder (MRP) from tire waste materials, announced today that it has named Ashland's former senior v.p. and CFO Lamar Chambers to its...
http://www.chemweek.com/markets/specialty_chemicals/rubber_processing_chemicals/Lehigh-Technologies-names-former-Ashland-CFO-to-board_58748.html
February 11, 2014
Paints and coatings company Tikkurila (Helsinki) has announced leadership changes in its business units in Eastern Europe. Simo Laitala has resigned as head/Russia, effective 11...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-makes-leadership-changes-in-Eastern-Europe_58743.html
February 11, 2014
Antioxidants and polymer additives maker Addivant (Middlebury, CT) announced today that it is increasing capacity of phosphate antioxidants at its Pyongtaek, South Korea, facility...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Addivant-expands-antioxidants-capacity-in-South-Korea_58741.html
February 11, 2014
Semiconductor and solar technology firm SunEdison (St. Peters, MO) says its polysilicon manufacturing facility at Merano, Italy, will remain closed indefinitely. The decision affects...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/SunEdison-polysilicon-plant-in-Italy-to-stay-off-line-indefinitely-TCS-plant-also-to-close_58735.html
February 11, 2014
The board of Probi (Lund, Sweden) has unanimously recommended the rejection of Symrise’s (Holzminden, Germany) mandatory public cash offer to acquire Probi. Symrise, on 10...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Probi-board-recommends-rejection-of-Symrises-mandatory-takeover-offer_58724.html
February 11, 2014
West Virginia American Water, the largest water utility in West Virginia, president Jeff McIntyre provided testimony before the US House of Representatives’ House Transportation...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/CSB-releases-initial-inspection-results-on-WV-spill-water-company-testifies-before-Congress_58700.html
February 11, 2014
Clariant says that it has signed an agreement to divest its water treatment business in Africa to AECI (Johannesburg), for 34 million Swiss francs ($37.9 million) in cash, at closing...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/AECI-to-acquire-Clariants-water-treatment-business-in-Africa_58720.html
February 10, 2014
Sensient Technologies today reported net earnings down 4.1% year-on-year (YOY), to $31.5 million, or 63 cts/share on sales up 0.7%, to $372 million. Earnings were hit by charges...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-earnings-beat-estimates-on-strong-colors-results_58703.html
February 10, 2014
Artek Surfin (Mumbai), an Indian specialty chemicals maker, has bought out private equity firm Aterian Investment Partners’ (New York) 50% stake in Galata Chemicals, the former...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Indian-owner-buys-out-Galata-Chemicals_58715.html
February 10, 2014
Paints and coatings company Tikkurila (Helsinki) reports an operating loss of €4.2 million ($5.73 million) in the fourth quarter 2014 compared with an operating loss of €3.2...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-reports-4-2-percent-operating-loss-sales-drop-4-percent-in-fourth-quarter-2013_58693.html
February 7, 2014
The European General Court (Luxembourg) has ruled against appeals intended to overturn fines levied by the European Commission on Elf Aquitaine, Arkema, and consulting firm Treuhand...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/EU-General-Court-rejects-Arkema-Elf-Aquitaine-appeals-against-price-fixing-fines_58676.html
February 6, 2014
Qatar Intermediate Industries Co. (Alwaseeta; Doha), a subsidiary of Qatar Petroleum, has signed a joint venture agreement with the Qatar Korea LED Consortium (QKLC; Seoul) for the...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Qatar-and-Korea-form-LED-joint-venture-in-Qatar_58593.html
February 5, 2014
US Water Services (St. Michael, MN) has acquired ChemCal (Grapevine, TX), an industrial water treatment firm, for an undisclosed amount, the company says. ChemCal focuses in...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/US-Water-Services-acquires-water-treatment-firm-in-Texas_58516.html
February 5, 2014
FMC today reported fourth-quarter earnings down 73.5% year-on-year (YOY), to $27.1 million, or 20 cts/share, on sales up 24%, to $1.1 billion. Earnings were hit by $114.3 million in...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/FMC-earnings-beat-estimates-as-ag-results-jump_58582.html
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