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October 22, 2014
AkzoNobel today announced a €5 million ($6.3 million) divestment of its 50% share in Eka Synthomer, to Synthomer. The divestment follows a strategic review of businesses within...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/AkzoNobel-sells-stake-in-Eka-Synthomer-to-partner-exits-paper-chemicals_64674.html
October 22, 2014
Kemira (Helsinki) has announced Ebitda of €69.9 million ($89.3 million) in third-quarter 2014, compared with €68.9 million in the corresponding period in 2013, or 1.5%...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Kemira-improves-profitability-on-lower-sales-in-third-quarter-2014_64663.html
October 21, 2014
OCI (Seoul) said today that it is to sell its entire stake in the OCI-SNF (Seoul) joint venture for 95.7 billion South Korean won ($89.9 million). OCI-SNF produces and markets water...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/OCI-to-sell-stake-in-water-treatment-chemicals-producer-OCI-SNF_64520.html
October 21, 2014
PPG and Henan Billions Chemical (Jiaozuo, China) have opened a titanium dioxide (TiO2) manufacturing and research facility. The 366,000-sq meter facility is scheduled to begin...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-Henan-Billions-Chemical-open-TiO2-manufacturing-plant-in-China_64643.html
October 20, 2014
PPG says it has agreed to acquire Westmoreland Supply (Greensburg, PA), an owner of 12 paint stores in western Pennsylvania and West Virginia, for an undisclosed sum...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-to-acquire-paint-distributor-Westmoreland-Supply_64611.html
October 16, 2014
PPG Industries today reported stronger third-quarter net income, with growth across most business segments and regions. Net income of $377 million grew 84% year-on-year (YOY) on sales up 4% YOY, to $3.9 billion. Adjusted earnings per share of $2.82/share were above analyst estimates of $2.75/share, as reported by Thomson Reuters (New York). Adjusted net income, excluding nonrecurring items, was $394 million, up 17% YOY....
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-reports-adjusted-earnings-up-17-percent_64557.html
October 16, 2014
Kemira is making a multimillion-euro investment to expand its process and functional chemicals lines at San Giorgio, Italy. Production is scheduled to start at the beginning of 2015...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/Kemira-invests-in-functional-chemicals-in-Italy_64552.html
October 16, 2014
Paints and coatings company Tikkurila (Helsinki) says it has acquired ISO Paint Nordic (Lunderskov, Denmark). ISO Paint Nordic is a family-owned business that was established in 1999...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-to-acquire-ISO-Paint-Nordic-specialist-in-energy-efficient-coatings_64550.html
October 15, 2014
Fragrances and flavors group Symrise (Holzminden, Germany) has today officially launched a legal subsidiary in Lagos, strengthening its position in Africa. The location will include...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-founds-subsidiary-in-Nigeria-strengthens-position-in-Africa_64526.html
October 15, 2014
Evonik Industries today opened a production plant in São Paulo State, Brazil, to make ingredients for customers in the cosmetics and consumer goods industries. The plant has the...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Evonik-opens-plant-for-cosmetics-and-consumer-goods-in-Brazil_64527.html
October 15, 2014
The United Kingdom competent authority says that it will submit a restriction proposal to the European Chemicals Agency (ECHA; Helsinki) in January 2015 to restrict...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/ECHA-calls-for-evidence-on-the-persistence-and-bioaccumulation-of-two-siloxanes_64522.html
October 15, 2014
Archer Daniels Midland (ADM; Chicago) has signed an agreement to purchase Specialty Commodities Inc. (SCI; Fargo, ND) for $170 million, subject to postclosing adjustments. SCI works...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/ADM-to-acquire-specialty-ingredients-firm-for-$170-million_64519.html
October 14, 2014
KMG Chemicals (Houston), a specialty chemical maker, today announced its results for its fourth fiscal quarter, ended 31 July. The company reports a net loss of $822,000, slightly up...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/KMG-Chemicals-reports-narrower-loss-in-fiscal-fourth-quarter_64499.html
October 13, 2014
KMG Chemicals says it will realign its hydrofluoric acid (HF) operations by ending HF production at Bay Point, CA in the first quarter of 2015. The move comes after KMG and Chemtrade...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/KMG-restructures-HF-operations_64489.html
October 13, 2014
PPG Industries (PPG) says Mexico's competition commission is extending the deadline for its review of PPG's proposed s $2.3-billion acquisition of Consorcio Comex, S.A. de C.V...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Mexico-antitrust-commission-extends-review-of-PPGs-proposed-acquisition-of-Comex_64477.html
October 10, 2014
Bostik (Paris), Total's adhesives subsidiary, has inaugurated an R&D center, the Bostik Smart Technology Center, at Venette, France, near Paris. The center covers 5,100 sq meters...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Bostik-opens-R-and-D-center-in-France_64449.html
October 9, 2014
Kemira (Helsinki) today inaugurated its biggest water treatment chemicals manufacturing plant at Dormagen, Germany. The facility produces aluminum salts, using recycled...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Kemira-inaugurates-its-biggest-water-chemicals-production-plant_64359.html
October 8, 2014
RPM today reported fiscal first-quarter net income down 3.9% year-on-year (YOY), to $99.1 million, on sales up 3.4%, to $1.2 billion. Earnings totaled 73 cts/share, down 5.2% YOY and...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPM-earnings-fall-3-9-percent_64340.html
October 8, 2014
The biocidal products committee (BPC) of the European Chemicals Agency (ECHA; Helsinki) has adopted opinions on four active substances: glutaraldehyde; clothianidin...
http://www.chemweek.com/markets/specialty_chemicals/biocides/ECHAs-biocidal-products-committee-adopts-ten-opinions_64335.html
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