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April 3, 2014
Sensient Technologies today said it expects first-quarter earnings to exceed analysts’ consensus of 65 cts/share. The company also said it expects to raise its full-year earnings...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-raises-earnings-guidance-trades-barbs-with-FrontFour-over-director_60059.html
April 1, 2014
PPG announced two new executive appointments today, effective immediately. Dave Cole has been named v.p./packaging coatings and Anup Jain has been appointed v.p./specialty coatings and...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-announces-executive-appointments_59978.html
March 28, 2014
International Flavors & Fragrances (IFF) says it is realigning responsibilities under Nicolas Mirzayantz, president/fragrances, effective 1 April. The change includes creation of a...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-makes-organization-changes-in-fragrances-business-unit_59903.html
March 27, 2014
H.B. Fuller today reported fiscal first-quarter net income down 29.4% year-on-year (YOY), to $24.6 million, or 28 cts/share, on revenues up 1.3%, to $486 million. Higher volume...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Fuller-net-income-falls-despite-revenue-increase_59876.html
March 26, 2014
PPG announced today that it has agreed to acquire Canal Supplies Inc. (CSI; Panama City), a Panamanian distributor of protective and marine coatings, for an undisclosed sum. CSI...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-acquires-coatings-distributor-in-Central-America_59845.html
March 26, 2014
The European Chemicals Agency (ECHA; Helsinki) has invited comments on a proposal to amend the hazard classification and labeling (CLH) for diisobutyl phthalate (DIBP), the agency...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/ECHA-invites-comments-on-hazard-classification-and-labeling-for-DIBP_59837.html
March 25, 2014
Stepan announced yesterday that it has introduced a novel biobased surfactant developed jointly with Elevance Renewable Sciences, Inc. (Woodridge, IL) that is capable of replacing high...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-launches-surfactant-developed-jointly-with-Elevance_59812.html
March 20, 2014
W.R. Grace said yesterday that the company is targeting 8-10% growth in Ebit, and sales growth of 1.5-2 times (x) GDP from 2014 through 2018. The company, which in February emerged...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Grace-sets-8-10-percent-Ebit-growth-target_59692.html
March 20, 2014
DIC (Tokyo) says that its wholly owned subsidiary Sun Chemical (Parsippany, NJ) will build a new plant for liquid inks for packaging applications in the Alia─ča Organize Sanayi...
http://www.chemweek.com/markets/specialty_chemicals/printinginks/DIC-to-build-liquid-inks-plant-for-packaging-applications-in-Turkey_59681.html
March 19, 2014
PPG announced today it is investing $27 million to expand its coatings manufacturing plant at San Juan del Rio, Querterano, Mexico. The expansion will involve four new buildings with...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-launches-$27-million-expansion-of-Mexico-coatings-plant_59656.html
March 18, 2014
The European Commission says it has asked member states to monitor the presence of brominated flame retardants (BFRs) in food over the next two years. The move is in response to...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Brominated-flame-retardants-European-Commission-requests-monitoring-in-food_59647.html
March 17, 2014
Sensient Technologies today released a letter to shareholders outlining its opposition to hedge fund FrontFour Capital’s (New York) slate of director nominees. Sensient says that...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-releases-letter-opposing-FrontFour-director-nominees_59623.html
March 14, 2014
Bills have been introduced in the US House and Senate designed to clear the backlog of US FDA approval for sunscreen ingredients and implement a streamlined process for ingredient...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Congress-introduces-bill-to-speed-sunscreen-ingredient-approval_59599.html
March 13, 2014
Eastman Chemical announced today that it has entered a definitive agreement to acquire Commonwealth Laminating & Coating (Martinsville, VA), a manufacturer and distributor of...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Eastman-acquires-Virginia-film-manufacturer_59554.html
March 13, 2014
Haldor Topsoe says it has opened its newly expanded catalyst plant at Frederikssund, Denmark. The expansion, an investment of over 300 million Danish kroner ($56 million), has added a...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Haldor-Topsoe-expands-catalyst-plant-in-Denmark_59459.html
March 11, 2014
Edge Adhesives (Fort Worth, TX) has been sold to private equity firms Akoya Capital Partners (Chicago) and Gladstone Investment (McLean, VA) for an undisclosed sum. Edge’s...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Edge-Adhesives-shuffles-private-equity-owners_59473.html
March 10, 2014
Symrise (Holzminden, Germany) says it achieved record sales and earnings during 2013. Sales grew to €1.83 billion ($2.54 billion) in 2013 compared with €1.74 billion in 2012...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-achieves-record-sales-and-profitability-in-2013_59441.html
March 7, 2014
The sale of Plextronics (Pittsburgh) to Solvay USA (Houston), a Solvay subsidiary, for $32.6 million has been approved by the Bankruptcy Court of Delaware, according to court records...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Reports-Delaware-court-green-lights-Solvays-acquisition-of-Plextronics_59402.html
March 6, 2014
BASF broke ground today on a resin and electrocoat (e-coat) plant at the Shanghai Chemical Industry Park at Caojing, China, the company says. The plant is scheduled to commence...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-breaks-ground-on-electrocoat-plant-at-Shanghai_59365.html
March 4, 2014
Sensient Technologies announced today that it is initiating a new restructuring program, which will consolidate manufacturing plants and “eliminate underperforming...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-announces-further-restructuring-raises-dividend_59323.html
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