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April 1, 2015
PPG today completed the acquisition of Revocoat (St. Just en Chaussee, France), a maker of adhesives, sealants and dampening products for the automotive sector, for an undisclosed sum...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/PPG-completes-automotive-materials-acquisition_69092.html
March 31, 2015
PPG Industries has acquired Flood Australia (Padstow, Australia), a maker of wood stains and paint additives for consumer, commercial, and industrial applications. Financial terms of...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-acquires-wood-stain-and-paint-additives-maker-in-Australia_69047.html
March 30, 2015
Private equity firm The Carlyle Group (Washington, DC) has announced it is selling 35 million shares in Axalta in a secondary offering. The exact timing and price of the offering have...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Carlyle-to-sell-additional-Axalta-shares_69033.html
March 30, 2015
Momentive Performance Materials (MPM) today reported fourth-quarter net sales of $603 million, down 2% year-on-year (YOY), with segment Ebitda totaling $61 million, up 17%. The company...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Momentive-Performance-Materials-Ebitda-rises-after-bankruptcy_69017.html
March 27, 2015
Shiseido (Tokyo), a leading cosmetics player, said today that it will establish a new research facility at Yokohama, Japan. On 26 March, the city granted Shiseido permission to acquire...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Shiseido-to-set-up-innovation-center-at-Yokohama_68975.html
March 26, 2015
H.B. Fuller has reported fiscal first-quarter net income down 34% year-on-year (YOY), to $9.7 million, or 19 cts/share, on net revenue down 3.2%, to $470.7 million. Adjusted earnings...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/H-B-Fuller-earnings-fall-on-currency-full-year-guidance-reaffirmed_68936.html
March 26, 2015
BASF said today that it will expand its Paliocrom effect pigments capacity at Ludwigshafen by more than 20% by 2017. The investment will enable the company to meet growing demand for...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-to-expand-effect-pigments-capacity-in-Germany_68925.html
March 24, 2015
Flavors and fragrances firm Firmenich (Geneva) has appointed Geneviève Berger as chief research officer, effective 1 July. She will report directly to the CEO, Gilbert Ghostine...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Firmenich-taps-Unilever-for-chief-research-officer_68854.html
March 24, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) has announced that revenues rose to €3.7 million ($4.04 million) in 2014, up from €700,000 in...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/METabolic-EXplorer-increases-sales-operating-income-reduces-net-loss_68851.html
March 20, 2015
Altana (Wesel, Germany) announced today sales of €1.95 billion ($2.09 billion) in full-year 2014 compared with sales of €1.77 billion in 2013, an increase of 11% year-on-year...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Altana-acheives-double-digit-sales-and-Ebitda-growth-in-2014_68781.html
March 19, 2015
Antioxidants maker Addivant, which is owned by private equity firm SK Capital (New York), today named John Steitz CEO. Steitz was most recently COO at PQ Corporation, and has also...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/SK-Capitals-Addivant-names-John-Steitz-CEO_68638.html
March 19, 2015
PPG today completed a $40 million, 65,000-square-foot expansion of a coatings manufacturing plant at Sumare, Sao Paulo, Brazil. The plant makes resins for electrocoat products for...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-completes-expansion-in-Brazil_68707.html
March 18, 2015
Ningbo Haiyue New Material's (Ningbo, China) plant at Ningbo has become the first propane dehydrogenation (PDH) plant to operate using Clariant's heat-generating material (HGM) for...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Performance-of-China-PDH-plant-improved-by-Clariant-catalyst_68660.html
March 17, 2015
GlycoSurf (Tucson, AZ), a University of Arizona (UA) start-up, has finalized an exclusive license agreement for a new chemical synthesis technology that it says could replace...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/US-based-start-up-finalizes-licensing-agreement-for-biobased-surfactant-synthesis-technology_68636.html
March 13, 2015
One Rock Capital (New York), a private equity firm associated with Mitsubishi Corp., has purchased a stake in Compass Chemical (Smyrna, GA), a maker of organophosphates. Terms of the...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/One-Rock-Capital-buys-stake-in-Compass-Chemical_68555.html
March 10, 2015
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results for 2014, exceeding its targets and making “substantial Increases in sales...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-reports-increases-in-sales-Ebitda_68405.html
March 5, 2015
Perstorp (Perstorp, Sweden) has announced the successful start-up of its oxo plant at Stenugsund, Sweden. The new plant is Perstorp’s largest ever plant investment, boosting its...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Perstorp-starts-up-oxo-unit-its-largest-plant-investment_68339.html
March 4, 2015
Henkel says that operating profit in the company's adhesive technologies business unit increased to €314 million in the fourth quarter of 2014, from €259 million in the...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Henkels-adhesives-sales-profit-up-on-growth-in-emerging-markets_68301.html
March 4, 2015
Axalta today opened an automotive water-based coatings plant in China. The plant, which is adjacent to Axalta’s operations center in Shanghai’s Jiading district, will...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-opens-water-based-coatings-plant-in-Shanghai_68275.html
March 4, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) posted net income of $78 million in the fourth quarter of 2014, compared with $69 million one year earlier. The comparison...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/SQMs-net-income-up-sales-stable_68294.html
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