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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
January 24, 2014
Elevance Renewable Sciences (Woodbridge, IL) says it has hired Robert (Bob) Kumpf as chief technology officer. Kumpf will focus on expanding Elevance's production and applications...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Elevance-hires-Kumpf-as-chief-technology-officer_58293.html
January 23, 2014
BASF announced today that it is implementing a series of measures in its paper chemicals business to improve competitiveness and profitability. The company is the global leading...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/BASF-to-restructure-paper-chemicals-business-may-exit-alkyl-ketene-dimer_58215.html
January 22, 2014
RPM has acquired Citadel Restoration and Repair (St. Paul, MN), a producer and marketer of premium concrete and wood deck floor coatings for the professional contractor and...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPM-acquires-concrete-coatings-maker_58194.html
January 22, 2014
BASF said today that it is investing about €7 million ($9.48 million) to expand and optimize resins production at its Münster, Germany, site. The expansion in capacity for...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-expands-resins-capacity-at-Munster_58144.html
January 22, 2014
Codexis last month abandoned the development of biobased detergent alcohols, but LS9 is pushing ahead with its own program. The firm continues to develop plans for commercial-scale production in Brazil, and construction could begin this year, according to Gary Juncosa, executive v.p./chemicals at LS9....
http://www.chemweek.com/markets/specialty_chemicals/surfactants/LS9-moving-forward-on-Brazil-fatty-alcohols-project_58158.html
January 21, 2014
Cambrios Technologies, , a Sunnyvale, CA-based company developing conductive films for electronic displays, says it has expanded its manufacturing capacity to 15 million m2/year of...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Cambrios-expands-film-capacity_58153.html
January 17, 2014
Caldic Sweden, a food ingredients distributor and subsidiary of specialty chemicals distributor Caldic (Rotterdam), has acquired the former production site of International Flavors...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Distributor-Caldic-acquires-former-IFF-site-in-Sweden_58098.html
January 17, 2014
Braskem (São Paulo) has sold its water-treat unit (WTU) located in the Triunfo petrochemical complex in the state of Rio Grande do Sul, Brazil to Odebrecht Ambiental, a...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Braskem-sells-water-treatment-unit-at-Triunfo-petchem-complex-to-Odebrecht_58090.html
January 16, 2014
PPG today reported fourth-quarter net income from continuing operations up 33% year-on-year (YOY), to $254 million, or $1.78/share, on sales up 14%, to $3.7 billion. Adjusted earnings...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-earnings-up-33-percent-beat-estimates-as-volumes-rise_58010.html
January 16, 2014
International Flavors & Fragrances (IFF) said today that it has acquired Aromor Flavors & Fragrances (Kibbutz Givat Oz, Israel), a producer of complex specialty...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-acquires-Israeli-flavors-and-fragrances-firm-Aromor_58007.html
January 15, 2014
H.B. Fuller today reported fiscal fourth-quarter earnings down 12% year-on-year (YOY) to $22 million, or 43 cts/share, on revenues up 4%, to $533.5 million. Excluding special charges...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/H-B-Fuller-earnings-fall-short-of-estimates_57997.html
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