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June 8, 2015
Koda Distribution today announced it has acquired Colonial Specialty Chemicals (CSC; Conshohocken, PA), a metalworking and industrial lubricants distributor, for an undisclosed sum...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Koda-acquires-US-lubricants-distributor_71079.html
June 4, 2015
Omnova Solutions (Beachwood, OH) has acquired New Fluid Solutions (Houston), a producer of oil and gas drilling fluid additives and other products for $5 million, plus up to $2 million more over the next two years depending on performance. The transaction includes New Fluid Solutions' full line of drilling fluid additives and a blending facility, warehouse and quality assurance/control laboratory in Stafford, TX....
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Omnova-acquires-oilfield-chemicals-maker_71018.html
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
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