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April 29, 2014
SunEdison, formerly MEMC electronic materials, announced today that it has closed construction financing, underwritten by Deutsche Bank (New York), for its solar power project in Kern...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/SunEdison-closes-on-financing-for-California-solar-project_60668.html
April 29, 2014
Stepan today reported first-quarter earnings down 32% year-on-year, to $13 million, on sales up 5%, to $477 million. Excluding deferred compensation, adjusted earnings totaled $12.8...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-earnings-hit-hard-by-winter-weather_60665.html
April 28, 2014
Ecolab today reported net income up 20% year-on-year (YOY), to $191 million, on sales up 16%, to $3.34 billion. Adjusted earnings, excluding restructuring and other charges, rose 23%...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Ecolab-earnings-match-estimates-on-strong-sales_60633.html
April 24, 2014
Ashland chairman and CEO James O’Brien will retire at the end of this year, the company says. O’Brien became CEO at Ashland in 2002 and oversaw two major acquisitions...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Ashland-CEO-to-retire_60461.html
April 24, 2014
3M today reported first quarter net income of $1.21 billion, up 7.1% year-on-year (YOY), on sales of $7.83 billion, up 2.6%. Earnings totaled $1.79/share, slightly short of...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/3M-earnings-rise-but-fall-short-of-estimates_60541.html
April 23, 2014
Ferro today reported first-quarter net income of $17.2 million, compared with $883,000 in the year-ago quarter. Adjusted earnings totaled 19 cts/share, nearly double the year-ago...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Ferro-beats-estimates-raises-full-year-guidance_60510.html
April 23, 2014
Milliken (Spartanburg, SC) announced today that it is building new capacity for a clarifying agent for polypropylene (PP) at Blacksburg, SC. The new capacity will be onstream in 2015...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Milliken-to-increase-capacity-for-PP-clarifier_60492.html
April 21, 2014
India’s largest paints company Asian Paints (Mumbai) has informed the Bombay Stock Exchange (Mumbai) that it has signed an agreement with the shareholders of Kadisco Chemical...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Asian-Paints-to-acquire-majority-stake-in-Ethiopias-Kadisco-Chemical_60352.html
April 17, 2014
Sherwin-Williams (SW) has reported first-quarter net income down 0.6% year-on-year (YOY), to $115.5 million, on sales up 9.2%, to $2.37 billion. Earnings totaled $1.14/share, including...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Sherwin-Williams-beats-estimates-on-sales-increase_60367.html
April 17, 2014
PPG today reported net income from continuing operations up 45% year-on-year (YOY), to $277 million, on sales from continuing operations up 17%, to $3.6 billion. Adjusted earnings...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-earnings-beat-estimates-on-higher-volumes_60366.html
April 16, 2014
SI Group (Schenectady, NY) has agreed to acquire the antioxidant, ibuprofen and propofol businesses of Albemarle for an undisclosed amount of cash. The deal includes manufacturing...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/SI-Group-to-acquire-Albemarles-antioxidants-and-ibuprofen-business_60349.html
April 16, 2014
Albemarle today reported net income down 32.6% year-on-year (YOY), to $56.6 million, or 71 cts/share, on net sales up 2.3%, to $656.7 million. Net income fell primarily due to charges...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Albemarle-earnings-fall-but-beat-estimates_60350.html
April 16, 2014
Lubrizol says it has formed an energy and water business unit to focus on its offerings oilfield, refinery process and industrial water treatment chemicals. The unit is a part of the...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Lubrizol-forms-energy-and-water-unit_60347.html
April 16, 2014
A. Schulman has announced that it is aiming to grow sales by 10-11%/year through 2018, to $3.6-$3.7 billion. The company is also aiming to grow adjusted earnings by an average of...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Schulman-sets-double-digit-sales-and-earnings-growth-targets_60348.html
April 16, 2014
Dissident hedge fund FrontFour Capital (Greenwich, CT) today released a new letter to Sensient shareholders accusing the company of governance shortfalls and of a failure to disclose...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-FrontFour-trade-volleys-in-advance-of-shareholder-meeting_60333.html
April 16, 2014
Sri Lanka's Board of Investment (BOI; Colombo) has signed an agreement with S&D Associates (Colombo), to establish a textile chemical plant under the name S&D Chemicals, the...
http://www.chemweek.com/markets/specialty_chemicals/textile_chemicals/Sri-Lankan-company-to-establish-textile-chemical-plant_60323.html
April 15, 2014
Sensient Technologies has reported a first-quarter net loss of $2.08 million, or 4 cts/share, compared with a profit of $21.4 million, or 43 cts/share, in the year-ago quarter, due...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-swings-to-loss-on-restructuring-charges-raises-guidance_60303.html
April 15, 2014
BASF has lifted its declaration of force majeure on citral-based aroma chemicals, as well as vitamin A and vitamin E products for human and animal nutrition, at Ludwigshafen, the...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/BASF-lifts-force-majeure-on-citral-derivatives_60300.html
April 14, 2014

Symrise (Holzminden, Germany) has agreed to acquire flavors and nutrition ingredients maker Diana Group (Vannes, France) from private equity firm Ardian (Paris) for €1.3 billion ($1.8 billion). The deal is expected to close in third-quarter 2014.

...

http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-to-acquire-Diana-Group-for-$1-8-billion_60284.html
April 11, 2014
Shareholder advisory firm ISS (New York) issued a report yesterday recommending a vote against a hedge fund’s dissident director slate at Sensient Technologies. FrontFour Capital...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Shareholder-advisory-firm-weighs-in-against-Sensient-dissidents_60255.html
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