IHS Chemical Week

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Displaying 361 - 372 of 3294 stories.
March 31, 2016
Mitsui & Co. says that its Labix (Bangkok) joint venture with Thai Oil PCL (Bangkok), an affiliate of energy firm PTT (Bangkok), has started up a linear alkylbenzene (LAB)...
March 30, 2016
Hempel, an industrial and marine paint supplier, has reported record results for the third consecutive year. Revenue was €1.56 billion ($1.75 billion) in full-year 2015 compared...
March 29, 2016
Kemira says it is investing approximately €50–60 million ($56.0–67.1 million) to build a sodium chlorate production line and cell room at its Joutsenso, Finland, site. The new plant will be based on Kemira’s in-house technology and will “significantly increase current sodium chlorate capacity" at the site, Kemira says....
March 28, 2016
Additives and compuonds maker Americhem (Cuyahoga Falls, OH) has acquired Vi-Chem (Grand Rapids, MI), a maker of thermoplatic elastomers and polyinvyl chlorides mostly aimed at the...
March 24, 2016
US specialty chemicals market volume index slipped 1.5% year-on-year (YOY) in February this year compared with February 2015, on a three-month moving average (3MMA) basis. Laggards continue to be oilfield chemicals, which dropped by 23.9% YOY (also 3MMA basis), followed by mining chemicals, down 13.0% YOY, and foundry chemicals, lower by 6.0%. Gains were notched by electronic chemicals, which climbed 17.3% YOY in February, construction chemicals, 7.8%, and cosmetic chemicals, 7.3%. Of the 28 sectors tracked by ACC, 19 improved in February this year versus a year ago, and 8 declined....
March 24, 2016
H.B. Fuller has reported fiscal first-quarter net income up 94.8% year-on-year (YOY), to $18.9 million, or 37 cts/share, on sales up 0.8%, to $474.3 million. Volumes grew by 5.8% YOY, offsetting a 0.5% decline in selling prices, and a 4.5% hit from negative currency impacts....
March 21, 2016
Synthomer (Harlow, UK), a leading specialty chemicals company, on Monday announces its acquisition of Hexion Performance Adhesives & Coatings (Hexion PAC) for $226 million, which is being funded from existing cash resources and additional credit facilities. The acquisition is expected to be completed during the summer following regulatory approvals and satisfying other closing conditions....
March 21, 2016
Trinseo says that private equity firm Bain Capital (Boston) will sell 9.6 million shares in the company in a secondary public offering, cutting its stake in Trinseo to 58.6%, from...
March 21, 2016
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says it has had “another record year" in 2015, with sales of $873 million, up 6.5% year-on-year...
March 20, 2016
Sherwin-Williams has announced plans to acquire Valspar for approximately $11.3 billion, including debt. At $113/share, the transaction represents a premium of approximately 35% to Valspar’s closing price on 18 March....
March 18, 2016
Altana has reported full-year 2015 sales of €2.06 billion ($2.32 billion), an increase of 5% year-on-year (YOY), and the first time that the company’s sales have exceeded...
March 15, 2016
Reichhold (Durham, NC) is increasing the price of all coconut alkyd resin products manufactured in the United States and Canada for the coatings industry by 6 cts/lb. Reichhold attributes the increase, which is effective for all orders shipped on or after 15 April, to a shortfall in the coconut harvest....
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