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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
July 30, 2013
BASF is investing about €90 million ($119.4 million) to set up a world-scale production plant at the Shanghai Chemical Industry Park, the company announced today. The new plant...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/BASF-invests-in-coating-resins-plant-in-Shanghai_54053.html
July 30, 2013
Ecolab has reported second-quarter net income up 16% year-on-year (YOY), to$213.1 million, or 69 cts/share, on sales up 13%, to $3.38 billion. Adjusted net income, which excludes some...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Ecolab-earnings-beat-estimates-on-strong-energy-results_54067.html
July 30, 2013
Cabot Microelectronics reported net income up 17% year-over-year (YOY), to $15.5 million, due to a higher gross profit margin, a favorable impact of the weaker Japanese yen reflected...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Cabot-Microelectronics-profits-increase-17-percent_54066.html
July 29, 2013
FMC’s second-quarter earnings rose 12.5% year-on-year (YOY), to $118 million, or 86 cts/share, on revenues up 6%, to $959.4 million. Adjusted earnings from continuing operations...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/FMC-earnings-rise-match-estimates-on-strong-ag-results_54042.html
July 29, 2013
Quaker Chemical’s second-quarter net income rose 42.7% year-on-year (YOY), to $16.7 million, or $1.22/share, on net sales up 5%, to $184.8 million. Adjusted earnings totaled...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Quaker-Chemical-earnings-rise-on-higher-volumes_54039.html
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