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February 28, 2014
Novozymes (Bagsvaerd, Denmark) has launched LpHera, an enzyme to make starch conversion more efficient, which boosts yields during liquefaction while securing significant chemical...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Novozymes-launches-yield-boosting-cost-saving-starch-conversion-enzyme_59227.html
February 28, 2014
Calumet Specialty Products announced today that it has acquired United Petroleum Company (Gilbert, AZ), the producer of Quantum-brand lubricants. Calumet calls Quantum, which was...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Calumet-Specialty-Products-buys-lubricants-maker_59246.html
February 28, 2014
Henkel has signed an alliance with CMS Technology (Danbury, CT), a packaging technology developer, to create food-safe antimicrobial additives for packaging, the company says. CMS owns...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Henkel-signs-antimicrobial-packaging-alliance_59236.html
February 28, 2014
Tronox reports a net loss of $3 million, narrower than the $97 million loss reported in the same quarter last year. Earnings per share were at a loss of 6 cts/share—slightly...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tronox-reports-tighter-net-loss-stabilizing-pigment-market_59150.html
February 27, 2014
Quaker Chemical today reported fourth-quarter net income of $14.1 million, up 8.5% year-on-year (YOY), on sales up 7%, to $184.3 million. Adjusted earnings totaled 98 cts/share, ahead...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Quaker-Chemical-earnings-rise-on-higher-volumes_59186.html
February 27, 2014
Jotun (Sandefjord, Norway) has completed construction of a paints and coatings plant at the industrial park in St. Petersburg, Russia. The plant, occupying a surface area of 9...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Jotun-opens-paints-and-coatings-plant-in-Russia_59157.html
February 26, 2014
Aceto named Carlos Restrepo, formerly v.p./intermediates and solvents at Ashland, senior v.p./performance chemicals, effective 24 February. Restrepo will report to Aceto CEO Salvatore...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Aceto-names-former-Ashland-exec-performance-chemicals-head_59121.html
February 26, 2014
DSM has entered into a collaboration with SyntheZyme (New York) to develop products based on the latter's biobased surfactant platform. As part of the collaboration, DSM will...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/DSM-signs-collaboration-with-US-biobased-surfactants-developer_59120.html
February 25, 2014
Flavors and fragrances group Givaudan (Geneva) today announced that it has entered into exclusive negotiations to acquire 100% of Soliance and its subsidiaries. Soliance is currently a...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Givaudan-to-acquire-French-producer-of-cosmetic-ingredients-Soliance_59021.html
February 25, 2014
International Flavors & Fragrances (IFF) and Amyris (Emeryville, CA) announced today that they have completed the first phase of their collaboration to develop a specific set of...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-and-Amyris-advance-biobased-fragrance-collaboration_59081.html
February 25, 2014
Frutarom (Haifa, Israel) announced today that it has acquired citrus specialty ingredients maker CitraSource (Winter Haven, FL) for $7.5 million plus an additional future payment...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Frutarom-acquires-Florida-citrus-ingredients-maker_59090.html
February 24, 2014
Ferro announced today that it is altering the structure of its board of directors, “declassifying,” or eliminating staggered terms, for directors, and eliminating...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Ferro-changes-board-structure-appoints-president-to-chairman_59047.html
February 21, 2014
Shiseido (Tokyo), a leading cosmetics player, has agreed to sell its Carita International (Paris) and Decléor Group (Paris) activities to fellow beauty giant L'Oréal...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Shiseido-sells-two-cosmetics-businesses-to-LOreal_59018.html
February 21, 2014
Minerals Technologies (MTI) today launched a $42/share unsolicited bid for minerals firm Amcol International (Hoffman Estates, IL), setting in motion a possible bidding war with...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Minerals-Technologies-launches-bid-for-Amcol-updated_58830.html
February 21, 2014
Ashland announced today it has agreed to sell its water treatment business to private equity firm Clayton, Dubilier & Rice (CD&R; New York) for $1.8 billion, ending a...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/Ashland-to-sell-water-treatment-to-private-equity-for-$1-8-billion_58874.html
February 21, 2014
Sensient Technologies today released a letter to shareholders criticizing the motives of activist hedge fund FrontFour Capital (New York), which proposed a slate of directors to...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-letter-blasts-activist-hedge-fund_59029.html
February 21, 2014
Ecolab today reported net income up 24% year-on-year (YOY), to $287.1 million, or 93 cts/share, on sales up 17%, to $3.56 billion. Excluding special charges, adjusted net income...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Ecolab-earnings-slightly-miss-estimates-sales-rise_59028.html
February 20, 2014
Henkel's adhesive technologies business posted a 2% increase in operating profits for the fourth quarter of 2013 compared with the corresponding period of 2012, to €259 million...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Henkels-adhesives-post-higher-profits_58939.html
February 19, 2014
Hedge fund FrontFour Capital (New York) said today that it would nominate four directors for Sensient Technologies’ board, raising the possibility of a proxy battle....
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Hedge-fund-says-it-will-seek-four-seats-on-Sensient-board-updated_58903.html
February 19, 2014
Calgon Carbon today reported stronger earnings for the fourth quarter, though sales were down on weaker demand. Net income of $11 million was up 20% year-on-year, with earnings per...
http://www.chemweek.com/markets/specialty_chemicals/water_treatment/Calgon-Carbon-earnings-up-sales-fall-on-weaker-demand_58900.html
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