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July 17, 2014
PPG Industries today reported second quarter net income from continuing operations up 24% year-on-year (YOY), to $393 million, or $2.80/share, on sales up 5%, to $4.1 billion. Adjusted...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-earnings-beat-estimates-on-strong-sales_62509.html
July 17, 2014
GTS Chemical Holding, a specialty chemicals producer and the largest manufacturer of ammonium sulfite in China, today announced its intention to proceed with a fundraising and...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Chinese-specialty-chemicals-firm-plans-to-list-in-London_62506.html
July 17, 2014
Givaudan Group (Geneva), flavors and fragrances major, today announced its results for the first six months of 2014. Ebitda rose 10.5% to 562 million Swiss francs ($626.1 million) on...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Givaudan-reports-higher-earnings-confirms-guidance_62505.html
July 16, 2014
The European Food Safety Authority (EFSA; Parma, Italy) says that is has established an acceptable daily intake (ADI) of four milligrams per kilogram body weight per day for the food...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/EFSA-establishes-daily-intake-limits-for-sunset-yellow-food-additive_62485.html
July 16, 2014
3M announced today that it will acquire Sumitomo Electronic’s 25% stake in its Japanese subsidiary Sumitomo 3M for ¥90 billion ($885 million). Upon completing the...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/3M-to-acquire-Sumitomo-Electronics-25-percent-stake-in-Japanese-subsidiary_62479.html
July 15, 2014
Stepan says it has acquired a sulfonation production plant in Bahia, Brazil from Procter & Gamble (P&G), for an undisclosed sum. The plant, in the country’s northeast...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-acquires-Brazil-sulfonation-plant-from-P-and-G_62472.html
July 15, 2014
PolyOne announced today that it is closing two production facilities in Brazil – one at Diadema in Sao Paulo state, and one at Joinville in Santa Catarina state. The two plants...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/PolyOne-to-close-two-plants-in-Brazil_62473.html
July 15, 2014
Monomers producer Sartomer announced today that it has appointed Kenny Messer to president/Americas. In the role, Messer will oversee the company’s operations in North America...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Sartomer-appoints-new-Americas-president_62470.html
July 15, 2014
Axalta says is it is adding capacity for polypropylene (PP) powder coatings at its facility in Huangshan, China, which is operated as a joint venture with Yongjia Chemical. The jv is...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-adds-PP-powder-coatings-capacity-at-jv-in-China_62469.html
July 15, 2014
Lubricants maker Calumet Specialty Products says it has finalized amendments to its $1-billion revolving credit agreement. The agreement is with a syndicate of banks and matures in...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Calumet-Specialty-Products-finalizes-refinancing_62461.html
July 15, 2014
Archroma (Reinach, Switzerland), the former textile, paper, and emulsions business of Clariant, has published its first formulation list of Zero Discharge of Hazardous Chemicals (ZDHC)...
http://www.chemweek.com/markets/specialty_chemicals/textile_chemicals/Archroma-publishes-ZDHC-MRSL-compliant-formulation-list_62460.html
July 11, 2014
The Japanese food ingredients group Ajinomoto is examining buying German rival Symrise (Holzminden), according to the German investment newsletter Platow Brief. The newsletter says...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Ajinomoto-eyeing-flavors-and-fragrances-rival-Symrise_62416.html
July 11, 2014
Surfachem Group (Leeds, UK), and Vitrine Química (Santo Andre, Brazil) have formed Surfachem Brasil (Guarulhos, Brazil), a joint venture for the distribution and supply of...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/UK-firm-establishes-distribution-and-supply-JV-in-Brazil_62415.html
July 10, 2014
Archer Daniels Midland (ADM) today announced that it is acquiring Wild Flavors GmbH (Zug, Switzerland), for an enterprise value of approximately €2.3 billion ($3.13 billion)...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Archer-Daniels-Midland-to-buy-Wild-Flavors-for-$3-billion_62266.html
July 10, 2014
Hansa Group (Duisburg, Germany) an integrated European supplier of care chemicals for detergents, cleaning agents, and body-care products, said on Wednesday that it had filed for...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Care-chemicals-and-detergents-player-Hansa-Group-files-for-insolvency_62385.html
July 10, 2014
BASF and the Cluster of Excellence Unifying Concepts in Catalysis (UniCat) have opened the BasCat Laboratory building on the south campus of Technical University (TU) Berlin, BASF...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/BASF-opens-catalyst-research-lab-in-Germany_62363.html
July 4, 2014
China Rerun Chemical Group (Daqing), a producer of lubricant products for the domestic automotive, industrial and agricultural markets today reported unaudited results for the three...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/China-Rerun-Chemical-reports-higher-sales-seeks-more-partnerships-and-acquisitions_62252.html
July 4, 2014
A public consultation on potential candidates for substitution of carbendazim has been opened by the European Chemicals Agency (ECHA; Helsinki). Potential candidates for substitution...
http://www.chemweek.com/markets/specialty_chemicals/biocides/ECHA-opens-public-consultation-on-potential-candidates-for-substitution-of-carbendazim_62253.html
July 3, 2014
Symrise (Holzminden, Germany) says it has secured financing for its €1.3 billion ($1.78 billion) acquisition of the Diana Group by issuing a bond for €500 million. The...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Symrise-secures-financing-for-Diana-acquisition-through-$680-million-bond-issue_62249.html
July 3, 2014
PPG Industries says that it has completed the previously announced acquisition of the Homax Group (Bellingham, WA), a supplier of decorative wall and ceiling texture repair products...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-completes-acquisition-of-Homax_62219.html
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