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August 13, 2013
Taminco (Allentown, PA) reports a second-quarter net loss of $13 million, or 21 cents/share, down 286% year-on-year (YOY), from $7 million....
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Taminco-reports-loss-on-one-time-charges-sales-up-6-percent-to-$305-million_54459.html
August 13, 2013
Pidilite Industries (Mumbai) said today that its board of directors has approved the acquisition of the adhesive business of Suparshva Adhesives (Pune). “The slump sale agreement...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Pidilite-Industries-buys-adhesives-business-of-Suparshva-reports-higher-sales-and-profits_54467.html
August 12, 2013
Axalta Coating Systems (Wilmington, DE), a supplier of liquid and powder coatings, has invested $5 million in a pilot reactor to support coatings polymer research and scale-up...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-Coating-Systems-invests-$5-million-in-polymer-research-facility_54416.html
August 12, 2013
Shalimar Paints (Mumbai), India’s oldest paints & coatings company, today announced plans to double revenues within the next 3 years, under recently appointed managing...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Shalimar-Paints-targets-doubling-of-revenues-under-new-CEO_54425.html
August 8, 2013
The European Food Safety Authority (EFSA; Parma, Italy) has published its first advice on micronutrients, consisting of vitamins and minerals, the authority says. EFSA's nutrition...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/EFSA-proposes-adequate-intake-levels-for-fluoride-molybdenum_54330.html
August 8, 2013
Albemarle announced today that it has successfully commissioned a new catalyst manufacturing plant at its Yeosu, South Korea facility. The plant will produce commercial quantities of...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Albemarle-adds-catalyst-capacity-at-Yeosu_54311.html
August 8, 2013
AkzoNobel announced today that it has received a binding offer from Sika (Baar, Switzerland) for the purchase of AkzoNobel’s building adhesives business for €260...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/AkzoNobel-to-sell-building-adhesives-business-to-Sika-for-&euro260-million_54317.html
August 7, 2013
Symrise (Holzminden, Germany) says it strengthened sales and earnings in first-half 2013. Net income for the first six months of 2013 was €93.4 million ($124 million), up from the...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-posts-double-digit-increases-in-net-income-Ebitda_54287.html
August 6, 2013
International Flavors and Fragrances (IFF) reported second-quarter net income of $102 million, up 15% from the year-ago quarter. Sales increased 5% year-on-year (YOY), to $758 million...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-reports-15-percent-earnings-gain-but-lags-estimates_54255.html
August 5, 2013
Rockwood today reported second-quarter net income down 85.6% year-on-year (YOY), to $32.3 million, or 41 cts/share, on net sales up 7.8%, to $822.3 million. Results include $25.5...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Rockwood-falls-short-of-estimates-on-weak-TiO2-results_54230.html
August 5, 2013
Momentive Specialty Chemicals (MSC; Columbus, OH) has formed a joint venture with MicroBlend (Gilbert, AZ), a retail and commercial paint systems company, at Cali, Colombia. The new...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Momentive-Specialty-forms-Colombian-JV-with-MicroBlend_54227.html
August 2, 2013
The Chinese government is planning to instigate a restructuring of the country's polysilicon industry, to combat overcapacity and inefficiency in the sector, according to a Reuters...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Report-China-planning-major-rationalization-of-its-polysilicon-industry_54192.html
August 1, 2013
BASF says it is exiting the manufacture of membrane electrode assemblies for fuel cells and closing its Somerset, NJ facility that focused on making those products. The closure will...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/BASF-exiting-membrane-electrode-assemblies_54174.html
August 1, 2013
Aurora Capital Group (Los Angeles) said on Wednesday that it has completed the previously announced sale of Adco Global (Lincolnshire, IL), a leading manufacturer of specialty...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Aurora-completes-sale-of-Adco-to-Arsenal-Capital-Partners_54124.html
August 1, 2013
Evonik Industries is among the companies interested in bidding to acquire Lohmann Therapie-Systeme (LTS; Andernach, Germany), valued at an estimated €1 billion ($1.3 billion)...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Report-Evonik-among-bidders-for-transdermal-therapeutic-system-firm_54158.html
August 1, 2013
Kraton Performance Polymers reports second-quarter net income, including the net of tax charges and restructuring costs, of $3.8 million—down 69%  year-on-year (YOY)...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Kraton-reports-sales-drop-on-low-raw-materials-cost_54155.html
August 1, 2013
BASF today announced plans to expand its capacity for waterborne coatings at the Demarchi coatings site in São Paulo State. The €2-million ($2.6 million) investment will...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-hikes-capacity-for-waterborne-coatings-in-Brazil_54152.html
August 1, 2013
The European Food Safety Authority (EFSA; Parma, Italy) has concluded that advantame and its metabolites pose no safety concern for consumers at the proposed uses and use levels as a...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/EFSA-concludes-that-advantame-poses-no-safety-concern_54136.html
July 31, 2013
Dow Corning, a 50-50 joint venture between Dow Chemical and Corning, reports second-quarter net income of $87.2 million, a 28% drop year-on-year (YOY). Sales were $1.43 billion...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Dow-Corning-reports-drop-in-sales-earnings-on-oversupply_54102.html
July 30, 2013
Chemtura’s second-quarter net income from continuing declined 11% year-on-year (YOY), to $47 million, or 47 cts/share, on sales down 1%, to $735 million, the company says...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Chemtura-beats-estimates-but-bromine-weakness-persists_54085.html
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