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February 27, 2014
Quaker Chemical today reported fourth-quarter net income of $14.1 million, up 8.5% year-on-year (YOY), on sales up 7%, to $184.3 million. Adjusted earnings totaled 98 cts/share, ahead...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Quaker-Chemical-earnings-rise-on-higher-volumes_59186.html
January 28, 2014
Eastman Chemical (Kingsport, TN) has agreed to acquire BP’s $100-million/year global aviation turbine engine oil business, Eastman announced on 28 January. The acquisition will expand Eastman’s aviation products portfolio, which currently comprises its Skydrol aviation hydraulic fluids. Financial terms of the deal, which is expected to close in the second quarter, have not been disclosed....
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Eastman-buys-BPs-aviation-turbine-oil-business_58361.html
January 24, 2014
Elevance Renewable Sciences (Woodbridge, IL) says it has hired Robert (Bob) Kumpf as chief technology officer. Kumpf will focus on expanding Elevance's production and applications...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Elevance-hires-Kumpf-as-chief-technology-officer_58293.html
November 14, 2013
Eastman Chemical has opened a specialty fluids testing lab in Singapore for Therminol-branded heat-transfer fluids and Skydrol-branded aviation hydraulic fluids, the company says. The...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Eastman-opens-specialty-fluids-testing-lab-in-Singapore_56692.html
November 6, 2013
Calumet Specialty Products today reported a net loss of $34.8 million, or 54 cts/share, compared with a profit of $42.4 million in the year-ago quarter, on sales up 28% year-on-year...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Calumet-Specialty-Products-swings-to-loss_56486.html
November 4, 2013
Chemtura today reported a third-quarter net loss from continuing operations of $44 million, or 45 cts/share, compared with earnings of $22 million in the year-ago quarter. Sales...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Chemtura-earnings-meet-estimates-flame-retardants-difficulties-continue_56436.html
October 30, 2013
Lubricants maker Quaker Chemical has reported a net income of $12.6 million, up 15.6% year-on-year (YOY), on sales up 1.8%, to $184.1 million. Earnings totaled 95 cts/share, beating...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Quaker-Chemical-earnings-rise-on-higher-sales_56319.html
October 10, 2013
Chemtura has reached agreement to sell its pool and spa chemicals business to KIK Custom Products (Toronto) for $315 million. The company also announced that is exploring the sale of...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Chemtura-sells-pool-chemicals-for-$315-million-exploring-sale-for-agchems_55878.html
October 8, 2013
Algal oils producer Solazyme (South San Francisco) says it has entered into a commercial supply agreement with Goulston Technologies (Monroe, NC), a leading global producer of...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Solazyme-signs-supply-deal-with-textile-lubricants-firm_55745.html
September 16, 2013
Chemtura’s petroleum additives business will increase the prices for calcium sulfonate greases and detergents products because of rising raw material costs, the company says. The...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Chemturas-petroleum-additives-business-to-raise-prices_55181.html
August 29, 2013
Synalloy has acquired the production and business assets, including a plant in South Carolina, of Color Resources (CRI; Spartanburg, SC), for a total purchase price of $4.55 million...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Synalloy-acquires-manufacturing-facility_54819.html
August 20, 2013
Lubrizol has opened its previously announced additives manufacturing facility at Zhuhai, China. The plant is part of the company’s previously announced 10-year, phased...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Lubrizol-opens-additives-facility-in-China_54575.html
July 29, 2013
Quaker Chemical’s second-quarter net income rose 42.7% year-on-year (YOY), to $16.7 million, or $1.22/share, on net sales up 5%, to $184.8 million. Adjusted earnings totaled...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Quaker-Chemical-earnings-rise-on-higher-volumes_54039.html
July 23, 2013
Croda's (Goole, UK) second-quarter profit before tax stood at £68 million ($89.5 million), up 6.1% on the same period the year before, the company announced today. Ebit was also...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Croda-posts-6-1-percent-increase-in-second-quarter-profits_53830.html
May 21, 2013
Ashland says its Valvoline Cummins (Gurgaon, India) joint venture has opened a manufacturing and packaging plant in the Ambernath industrial area, near Mumbai. The $30-million facility...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/New-Valvoline-plant-in-India_52082.html
May 7, 2013
Innospec today reported first-quarter net income down 26.8% year-on-year (YOY), to $18 million, on sales that were flat, at $199.4 million. Adjusted earnings totaled 72 cts/share, down...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Innospec-earnings-down-as-sales-remain-flat_51821.html
May 2, 2013
Chemtura today reported a first-quarter net loss from continuing operations of $22 million, compared with a profit of $22 million in the year-ago period. Net sales declined 1.9%...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Chemtura-earnings-fall-short-of-estimates-on-soft-demand_51715.html
April 30, 2013
BP's petrochemicals business, including lubricants, delivered an underlying replacement cost (RC) profit before interest and taxes of $404 million in the first quarter of this year...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/BPs-first-quarter-petchem-profits-fall-7-5-percent_51590.html
April 25, 2013
Croda (Goole, UK) posted a £65.1-million ($99.3 million) pretax profit during the first quarter of the year, up 6.5% from the same quarter in 2012, when it recorded £61.1...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Crodas-first-quarter-pretax-profit-jumps-up-6-5-percent_51436.html
April 15, 2013
Jana Partners (New York), a hedge fund and activist shareholder, has purchased a 7.4% stake in Ashland and held discussions with company management regarding Ashland’s...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Activist-shareholder-buys-up-Ashland-stake-prompting-asset-sale-rumors_51181.html
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