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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
February 18, 2014
Stepan today reported net income down 30.5% year-on-year (YOY), to $10.7 million, on sales up 11%, to $474.3 million. Excluding restructuring and deferred compensation expenses, net...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-earnings-miss-estimates_58876.html
February 14, 2014
CP Kelco announced today that it is expanding capacity by 30% at the company’s pectins plant in Limeira, Brazil. Pectin is a texturizer derived from citrus peels and beet pulp...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/CP-Kelco-expanding-pectins-capacity-in-Brazil_58833.html
February 14, 2014
Paints maker Jotun (Sandefjord, Norway) today reported a full-year 2013 operating profit of 1.26 billion Norwegian kroner ($206.5 million), a 12% increase compared with 2012...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Jotun-reports-higher-profits-marine-coatings-are-down_58820.html
February 14, 2014
The European Food Safety Authority (EFSA; Pisa, Italy) has opened a public consultation on a draft scientific opinion on dietary reference values for niacin (nicotinic acid, or...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/EFSA-launches-public-consultation-on-dietary-reference-values-for-niacin_58835.html
February 13, 2014
International Flavors & Fragrances (IFF) today reported fourth-quarter net earnings down 9.7% year-on-year (YOY), to $61.5 million, or 75 cts/share, on revenues up 7%, to $725...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-earnings-slightly-beat-estimates-on-higher-sales_58803.html
February 13, 2014
Momentive Performance Materials (MPM) announced today that it is raising capacity for its tantalum carbide (TaC) coatings due to rising demand from electronics applications, including...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Momentive-increases-capacity-for-tantalum-carbide-coatings_58816.html
February 12, 2014
Valspar today reported fiscal first-quarter net income down 2.5% year-on-year (YOY), to $53.6 million, on sales up 9%, to $956 million. Excluding restructuring costs, adjusted net...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Valspar-beats-estimates_58774.html
February 12, 2014
Nedex (Istanbul), a producer of specialty chemicals, has received €10 million ($13.6 million) in European Bank for Reconstruction and Development (EBRD; London)  funding, the...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Turkish-firm-receives-&euro10-million-EBRD-loan_58767.html
February 12, 2014
Lehigh Technologies, a maker of micronized rubber powder (MRP) from tire waste materials, announced today that it has named Ashland's former senior v.p. and CFO Lamar Chambers to its...
http://www.chemweek.com/markets/specialty_chemicals/rubber_processing_chemicals/Lehigh-Technologies-names-former-Ashland-CFO-to-board_58748.html
February 11, 2014
Paints and coatings company Tikkurila (Helsinki) has announced leadership changes in its business units in Eastern Europe. Simo Laitala has resigned as head/Russia, effective 11...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-makes-leadership-changes-in-Eastern-Europe_58743.html
February 11, 2014
Antioxidants and polymer additives maker Addivant (Middlebury, CT) announced today that it is increasing capacity of phosphate antioxidants at its Pyongtaek, South Korea, facility...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/Addivant-expands-antioxidants-capacity-in-South-Korea_58741.html
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