Archives :: Markets :: Specialty Chemicals :: Surfactants
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April 15, 2016CABB Group (Sulzbach, Germany) has started up a new 25,000 m.t./year monochloroacetic acid (MCAA) plant in Jining, China. The €15 million investment is a joint venture with Jining Gold Power (Jining)....
January 4, 2016Amyris (Emeryville, CA) has signed its first biobased farnesene supply agreement for the nutraceuticals and vitamins market. Amyris says the deal is "a multimillion-dollar"...
November 24, 2015Sinarmas Cepsa (SCPL; Singapore), a joint venture between Golden Agri-Resources (GAR) and Cepsa Química, through its new subsidiary Sinarmas Cepsa Deutschland, has entered into...
November 9, 2015Oxiteno (São Paolo) intends to build a $113 million, 170,000 m.t./year ethoxylation unit at its site in Pasadena, TX, more than doubling the original planned capacity. The company hopes to begin construction by the second quarter of 2016, with start-up to come in the fourth quarter of 2017. João Parolín, CEO, says the investment is part of a long-term plan to turn the Pasadena site into a large, integrated production facility capable of supplying the range of Oxiteno’s technology to the North American market....
October 7, 2015Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Escudero Chemicals (Midland), a supplier of production chemicals and services to oilfields in the Permian and Illinois Basins. WadeCo, which is owned by Hastings Equity Partners, did not release the terms of the deal....
July 22, 2015Stepan Wednesday reported second quarter net income down 31% year-on-year (YOY), to $16.9 million, or $1.67/share, on net sales down 10%, to $452.4 million. Adjusted net income totaled...
July 9, 2015Stepan has signed a long-term supply agreement to supply Sun Products’ anionic surfactant requirements for laundry detergents in North America. The supply agreement is expected...
June 4, 2015Omnova 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....
April 28, 2015Croda 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...
April 28, 2015Stepan (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....