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Displaying 1 - 20 of 110 stories.
May 1, 2015
KMG Chemicals said today it has completed the acquisition of Valves Incorporate of Texas (Val-Tex; Houston), which was announced in early April, for $23.7 million in cash plus 606,875...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/KMG-completes-Val-Tex-acquisition_70024.html
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
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/lubricants/Chemtura-beats-estimates-on-lower-costs-higher-selling-prices_69949.html
March 5, 2015
Perstorp (Perstorp, Sweden) has announced the successful start-up of its oxo plant at Stenugsund, Sweden. The new plant is Perstorp’s largest ever plant investment, boosting its...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Perstorp-starts-up-oxo-unit-its-largest-plant-investment_68339.html
February 18, 2015
Innospec has reported net income down 3.0% year-on-year (YOY), to $27.9 million, or $1.11/share, on sales up 20%, to $290.7 million. Ebitda rose 28% YOY, to $49.5 million, while...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Innospec-net-income-declines-despite-higher-sales_67865.html
February 12, 2015
TPC Group (Houston) says its board has approved funds for front end engineering and design (FEED) work to finalize the design and estimated cost of a third polyisobutylene (PIB) production unit...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/TPC-to-finalize-design-cost-of-third-polyisobutylene-unit_67769.html
December 3, 2014
Lubrizol is increasing capacity, and investing in infrastructure and efficiency improvements, at its Deer Park, TX additives blending plant to meet specification upgrades for the...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Lubrizol-to-upgrade-engine-oil-blending-facility-in-Texas_65826.html
December 2, 2014
Capital Southwest (Dallas), an investment holding company, today announced plans to split into two publicly-traded entities – one in specialty chemicals and industrial products, and one in finance....
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Investment-firm-Capital-Southwest-to-spin-off-specialty-chemical-assets_65781.html
December 2, 2014
BioAmber (Minneapolis) announced today the signing of an exclusive supply agreement to supply Oleon (Ertvelde, Belgium) with biobased succinic acid. Under the terms of the five-year...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/BioAmber-to-supply-biosuccinic-acid-to-Oleon-for-lubricants-manufacture_65773.html
November 5, 2014
Ashland today reported fiscal fourth-quarter net loss of $26 million, compared with a profit of $336 million in the year-ago quarter, on sales up 5% year-on-year, to $1.5 billion...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Ashland-beats-estimates-on-solid-specialties-Valvoline-results_65160.html
November 5, 2014
Algae-based oils firm Solazyme (South San Francisco) and Versalis, the chemical subsidiary of Eni S.p.A., today announced a partnership to expand the commercial use of Encapso, ...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Solazyme-to-supply-algae-based-drilling-fluid-additive-to-ENI_65159.html
October 28, 2014
Chemtura today reported that it swung to a third-quarter net profit of $15 million, compared with a net loss of $44 million in the year-ago quarter, on sales down 2% year-on-year...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Chemtura-misses-estimates-launches-cost-cutting-program_64873.html
July 31, 2014
Ashland today reported fiscal third-quarter earnings from continuing operations down 20% year-on-year (YOY), to $71 million, or 90 cts/share, on sales down 1%, to $1.6 billion...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Ashland-earnings-fall-but-adjusted-earnings-beat-estimates_62918.html
July 29, 2014
Chemtura today reported second-quarter earnings up 59% year-on-year (YOY), to $43 million, on sales up 3%, to $609 million. Earnings from continuing operations totaled $30 million, or...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Chemtura-misses-estimates-despite-higher-sales_62791.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 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
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 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
June 30, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) plans to begin a 100,000-m.t./year expansion of  its Cedar Bayou normal alpha-olefins (NAO; also called linear alpha-olefins) plant in Baytown, TX, in July 2015. The company says its board has approved the project, which has already obtained the necessary environmental permit from the Texas Commission on Environmental Quality (TCEQ)....
http://www.chemweek.com/markets/specialty_chemicals/lubricants/CPChem-gets-greenlight-for-Cedar-Bayou-normal-alpha-olefins_62158.html
June 26, 2014
Afton Chemical (Richmond, VA), part of NewMarket Corp., has held a ground breaking ceremony for a previously announced chemical additives manufacturing facility on Jurong Island...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Afton-Chemical-breaks-ground-on-Singapore-project_62049.html
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