IHS Chemical Week

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April 29, 2015
Ashland today reported fiscal second-quarter earnings from continuing operations of $95 million, or $1.39/share, compared with a loss of $61 million in the year-ago quarter. Sales...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Ashland-earnings-rise-on-higher-margins_69952.html
April 29, 2015
Ferro announced today it has agreed to acquire Nubiola Pigmentos (Barcelona), a maker of specialty inorganic pigments, for €146 million ($162.3 million). Nubiola is the...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Ferro-to-acquire-Spanish-pigments-firm_69950.html
April 29, 2015
Chemtura today reported first-quarter earnings of $21 million, more than double the year-ago quarter, on sales down 21% year-on-year (YOY), to $438 million. On a managed basis...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Chemtura-beats-estimates-on-lower-costs-higher-selling-prices_69949.html
April 29, 2015
Avery Dennison today reported first-quarter net income up 1% year-on-year (YOY), to $71.6 million, on sales down 1%, to $1.53 billion. Adjusted net income from continuing operations...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Avery-Dennison-beats-estimates-despite-lower-sales_69930.html
April 29, 2015
Dow Corning reports net income for the first quarter of $185 million, down 3.1% year-on-year (YOY) from $191 million. Sales totaled $1.36 billion, down 11% YOY. The declines reflect fewer polysilicon shipments to long-term contract customers, says J. Donald Sheets, the company’s executive v.p. and CFO. “These contracts have a degree of variability when customers take their product, and recent order patterns have resulted in customer orders being concentrated in the fourth quarter," he says....
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Dow-Cornings-sales-and-earnings-down_69926.html
April 29, 2015
The European Chemicals Agency (ECHA; Helsinki) and the Danish Environmental Protection Agency (DEPA; Copenhagen) have announced that they will jointly investigate the need for a...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/ECHA-calls-for-evidence-on-uses-of-phthalate-in-articles-preparation-for-restriction_69934.html
April 28, 2015
Croda International says it has broken ground on a £120m ($170 million) plant at its New Castle, DE facility that will be designed to produce non-ionic surfactants from renewable...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Croda-breaks-ground-on-Delaware-surfactants-plant_69905.html
April 28, 2015
Stepan (Northfield, IL) reports net income of $21.3 million, up 63% year-on-year (YOY) from $13.0 million. Sales declined 3.5% YOY to $460.5 million. Earnings of 93 cts/share blew past the analysts’ consensus estimate of 57 cts/share. The company attributes the strong results to actions taken in 2014 to improve product mix, reduce cost, and improve efficiency. Slightly higher volumes and margins offset the impact of a stronger US dollar....
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Stepan-income-up-63-percent-beats-estimates_69886.html
April 28, 2015
A. Schulman is undertaking a public offering of $110 million worth of cumulative perpetual convertible special stock, to help fund the $800-million acquisition of plastics compounder...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/A-Schulman-to-issue-special-stock-to-fund-Citadel-acquisition_69896.html
April 28, 2015
Ecolab today reported net income up 22% year-on-year (YOY), to $233.4 million, on sales down 1%, to $3.30 billion. Adjusted earnings totaled 80 cts/share, up 8% YOY, but slightly short...
http://www.chemweek.com/markets/specialty_chemicals/biocides/Ecolab-falls-slightly-short-of-estimates-cuts-guidance-on-currency_69892.html
April 22, 2015
Balchem says it has appointed Ted Harris as its president and CEO, effective 28 April. Harris was most recently senior v.p. and president/performance materials at Ashland. He headed...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Former-Ashland-senior-v-p-to-join-Balchem-as-CEO_69678.html
April 21, 2015
DuPont today reported net income down 28% year-on-year (YOY), to $1.03 billion, on net sales down 9%, to $9.17 billion. Operating earnings totaled $1.34/share, beating analysts’...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/DuPont-earnings-fall-on-currency-impacts-but-beat-estimates_69641.html
April 21, 2015
Sensient Technologies (Milwaukee) has reported net earnings of of $30.5 million the first quarter of 2015 compared with a loss of $2.08 million in the year-ago quarter. Revenue...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/Sensient-Technologies-reports-solid-performance-in-first-quarter_69635.html
April 16, 2015
Albemarle says a catalyst research collaboration with Utrecht University and Stanford University has yielded to an innovative, new method for observing fluid catalytic cracking (FCC)...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Albemarle-university-researchers-report-FCC-catalyst-imaging-breakthrough_69525.html
April 16, 2015
Sherwin-Williams (SW) today reported first-quarter net income up 13.8% year-on-year (YOY), to $131.4 million, on sales up 3.5%, to $2.45 billion. Earnings totaled $1.38/share, short of...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Sherwin-Williams-earnings-fall-short-of-estimates-due-to-currency-impacts_69479.html
April 16, 2015
PPG Industries today reported first-quarter net income from continuing operations totaling $321 million, or $2.33/share, up 15.9% year-on-year (YOY), on sales up 1%, to $3.7 billion...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-beats-estimates-on-cost-cuts_69477.html
April 15, 2015
Paints and coatings company Tikkurila (Helsinki) says it is expanding its production network with the opening of a new factory in Almaty, Kazakhstan, in April 2015. The plant will...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Tikkurila-opens-plant-based-on-novel-production-concept-in-Kazakhstan_69436.html
April 14, 2015
Peter Greven (Bad Münstereifel, Germany), a leading producer of oleochemical additives, says that it is starting up a produciton facility this month for metallic soaps at the...
http://www.chemweek.com/markets/specialty_chemicals/paper_chemicals/Germany-based-oleochemical-firm-starts-up-plant-in-Malaysia_69404.html
April 14, 2015
Delo Industrial Adhesives (Windach, Germany), which produces adhesives and application technologies for a wide range of industries, says it achieved sales revenues of €74 million...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Delo-Industrial-Adhesives-reports-sales-grew-24-percent-in-2014-aims-to-increase-workforce-by-15-percent_69403.html
April 13, 2015
Arkema has expanded its acrylic resin manufacturing capacity at Araçariguama, Brazil, by 60%, the company announced today. A new reactor will enable Arkema to introduce its...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Arkema-starts-up-coatings-resins-reactor-in-Brazil_69372.html
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