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October 18, 2013
KMG Chemicals says it will close a former OM Group (OMG) site, which was acquired along with OMG's ultra-pure chemicals (UPC) business earlier this year, site in Fremont, CA by 31...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/KMG-to-close-former-OM-Group-site-in-California_56038.html
October 18, 2013
Songwon (Ulsan, South Korea) is evaluating its next major investment and will make a decision within 18 months to two years, Johgho Park, CEO told CW during the K plastics fair...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/K-2013-Songwon-evaluates-options-for-its-next-major-investment-launches-PP-stabilizer-range_56028.html
October 18, 2013
Altana (Wesel, Germany) says it has acquired the European business for waterborne and UV overprint varnishes of Valspar (France). The business had sales of less than €8 million...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Altana-acquires-Valspars-overprints-varnishes-business_56032.html
October 18, 2013
PolyOne says it is expanding its operations in India with a new facility at Pune that will manufacture specialty materials—including solid masterbatches, liquid colorants, and...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/PolyOne-to-build-specialty-materials-facility-in-India_56014.html
October 17, 2013
Sensient Technologies has reported third-quarter earnings down 4.1% year-on-year (YOY) $31.5 million, or 63 cts/share, on sales up 0.7%, to $372 million. Adjusted earnings, which...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-earnings-fall-but-beat-estimates_56019.html
October 17, 2013
PPG Industries has reported third-quarter net income of $220 million, or $1.52/share, down 24% year-on-year (YOY), on sales up 17%, to $4 billion. Excluding charges, which were...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-earnings-rise-on-improving-coatings-demand_55998.html
October 17, 2013
Evonik Industries says it has developed a more efficient process for the enzymatic synthesis of the amino acids D-serine, L-serine, and DL-serine. The company says it has expanded...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Evonik-develops-new-enzymatic-process-for-serine_55997.html
October 17, 2013
Eastman Chemical announced today that it is expanding capacity of its Eastman 168 non-phthalate plasticizers at its Texas City, TX, manufacturing facility. The expansion will increase...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Eastman-plans-non-phthalate-plasticizer-expansion-at-Texas-City_55995.html
October 17, 2013
Perstorp (Perstorp, Sweden) is investing about 1 billion Swedish kronor ($153.8 million) to develop a production platform at Stenungsund, Sweden—the largest investment the...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/K-2013-Perstorp-to-build-butene-based-facility-at-Stenungsund_55990.html
October 16, 2013
Albemarle has reported third-quarter net income of $90.5 million, down 1.7% year-on-year (YOY), on net sales down 1.9%, to $648.6 million. Sales fell due to the exit of...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Albemarle-beats-estimates-but-earnings-fall-on-lower-sales_55986.html
October 16, 2013
International Fiber Corporation (IFC; North Tonawanda, NY) says it has acquired Fibred (Cumberland, MD), a maker of dietary soy fiber for foodstuffs. Fibred’s products go into...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Arsenal-Capitals-IFC-buys-soy-fibers-firm_55983.html
October 16, 2013
UL Environment, a business unit of Underwriters Laboratories (UL; Northbrook, IL), has validated the benefits of Milliken's (Spartanburg, SC) new-generation Millad-branded...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/K-2013-Milliken-PP-clarifier-qualifies-for-environmental-claim-validation-label_55977.html
October 16, 2013
Clariant underlined its commitment to the plastics and coatings industry at a press conference today at the K plastics trade show, currently taking place at Düsseldorf. Megatrends...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/K-2013-Innovation-megatrends-emerging-markets-are-key-drivers-for-Clariant_55963.html
October 14, 2013
Chevron Phillips Chemical’s (CPChem) board will make a final investment decision in the first quarter of 2014 on a previously announced expansion of normal alpha-olefins (NAOs)...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/CPChem-to-decide-early-next-year-on-NAO-expansion-in-Texas_55934.html
October 14, 2013
KMG Chemicals today announced preliminary fiscal fourth-quarter operating income of $2.5 million, down 62.7% year-on-year (YOY), on net sales of $81.1 million, up 19.9%. Operating...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/KMG-preliminary-results-beat-estimates_55923.html
October 10, 2013
Chemtura has reached agreement to sell its pool and spa chemicals business to KIK Custom Products (Toronto) for $315 million. The company also announced that is exploring the sale of...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Chemtura-sells-pool-chemicals-for-$315-million-exploring-sale-for-agchems_55878.html
October 10, 2013
Metabolix (Cambridge, MA) has launched a biobased polymeric performance additive for recycled polyvinyl chloride (PVC). The I6003rp-branded additive was developed based on data...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Metabolix-launches-biobased-PVC-additive_55810.html
October 10, 2013
Fragrance and flavors group Givaudan (Geneva) today reported a 3.7% increase in third-quarter sales to 1.09 billion Swiss francs ($1.2 billion) on a like-for-like basis with the...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Givaudan-reports-higher-third-quarter-and-nine-months-sales_55801.html
October 9, 2013
RPM today reported first-quarter net income more than double that of the year-ago quarter, at $103.1 million, on sales up 11.3% year-on-year (YOY), to $1.17 billion. Earnings totaled...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPMs-earnings-rise-on-higher-sales-fewer-charges_55781.html
October 8, 2013
Albemarle (Baton Rouge) has acquired Cambridge Chemical (Cambridge, UK), a maker of high-purity metal organic chemicals used in the laser market. The acquisition was completed on 1...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Albemarle-acquires-electronic-materials-firm-in-the-UK_55756.html
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