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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
February 5, 2014
Entegris (Billerica, MA), a provider of products for purifying, protecting, and transporting materials used in semiconductor manufacturing, announced a definitive merger agreement with...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Entegris-to-acquire-semiconductor-materials-maker-ATMI-for-$1-15-billion_58541.html
February 4, 2014
Axalta Coating Systems (Philadelphia), the former coatings operation of DuPont, has announced plans to more than double waterborne coatings capacity at its Guarulhos, Brazil, site. The...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-to-boost-waterborne-coatings-in-Brazil_58542.html
February 3, 2014
Koda Distribution Group (KDG) announced today that it has acquired The DeWolf Companies (Warwick, RI), which consist of DeWolf Chemical, Glenn Corp. and Tempo Canada ULC. DeWolf...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Koda-Distribution-Group-acquires-personal-care-distributor-creates-care-business-line_58526.html
February 3, 2014
PPG Industries has reached a definitive agreement to acquire Hi-Temp Coatings Technology (Boxborough, MA), a privately held maker of high-temperature-resistant and insulative coatings...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-to-acquire-heat-resistant-industrial-coatings-maker_58508.html
January 31, 2014
Managing TSCA reform as it makes its way through Congress and ensuring that fuel subsidies do not adversely impact oleochemical prices are key priorities for the cleaning chemicals...
http://www.chemweek.com/markets/specialty_chemicals/soap_and_detergents/ACI-2014-TSCA-reform-fuel-subsidies-key-priorities-for-soapers_58404.html
January 31, 2014
“Cautious optimism” was the phrase buzzing through the halls of the Grande Lakes Orlando this week at ACI's annual meeting and conference. Soapers and home care chemical...
http://www.chemweek.com/markets/specialty_chemicals/soap_and_detergents/ACI-2014-Stability-slow-growth-ahead-for-soaps_58453.html
January 31, 2014
Burdensome and counterproductive regulation and industry’s sustainability efforts emerged as common themes at the Global Industry Update panel at the American...
http://www.chemweek.com/markets/specialty_chemicals/soap_and_detergents/ACI-2014-Regulations-sustainability-efforts-top-global-panel-concerns_58430.html
January 30, 2014
Cytec today reported adjusted earnings from continuing operations down 3.5% year-on-year (YOY), to $41.9 million, on sales up 1.9%, to $480 million. Actual earnings totaled $59.4...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Cytec-earnings-decline-but-beat-estimates_58450.html
January 30, 2014
Sherwin-Williams (SW) today reported fourth-quarter net earnings of $116.1 million, or $1.14/share, up 70.5% year-on-year (YOY), on sales up 10.8%, to $2.46 billion. The increases were...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Sherwin-Williams-earnings-rise-on-higher-architectural-paint-volumes_58448.html
January 30, 2014
Flavors and fragrances group Givaudan (Geneva) today reported its full-year net income rising 19.5%, to 490 million Swiss francs ($545.4 million), on sales 5.5%, higher at SF4.4...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Givaudan-reports-improved-full-year-results-confirms-midterm-objectives_58412.html
January 28, 2014
Albemarle today reported fourth-quarter adjusted earnings of $88.4 million, or $1.08/share, down 16% year-on-year (YOY), but ahead of analysts' consensus estimate of $1.04/share as...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Albemarle-earnings-fall-YOY-but-beat-estimates_58379.html
January 28, 2014
Eastman Chemical (Kingsport, TN) has agreed to acquire BP’s $100-million/year global aviation turbine engine oil business, Eastman announced on 28 January. The acquisition will expand Eastman’s aviation products portfolio, which currently comprises its Skydrol aviation hydraulic fluids. Financial terms of the deal, which is expected to close in the second quarter, have not been disclosed....
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Eastman-buys-BPs-aviation-turbine-oil-business_58361.html
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