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May 3, 2016
FMC reports a first-quarter profit of $48.3 million, compared with a loss of $46.8 million in the year-ago quarter. Revenues rose 21% year-on-year (YOY), to $799 million. Excluding...
http://www.chemweek.com/newsletters/cbd/FMC-posts-strong-lithium-results_79078.html
May 3, 2016
Chemical stock update Company Today Yesterday Air Products (APD) 143.00 145.40 Airgas (ARG) 142.59 142.49 Albemarle (ALB) 67.13 68.05 Ashland (ASH) 111.43 112.33 Axalta (AXTA) 28.21...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_79079.html
May 3, 2016
Analysis Merger and acquisition (M&A) activity in chemicals slowed during the week to 2 May, with just four new transactions announced. This compares with 14 deals, the most of the...
http://www.chemweek.com/newsletters/cbd/M-and-A-activity_79080.html
May 3, 2016
Braskem has appointed Fernando Musa as its next CEO. The company's board will approve the appointment 4 May. Musa succeeds Carlos Fadigas, who has moved to a new role within...
http://www.chemweek.com/newsletters/cbd/Braskem-appoints-new-CEO_79071.html
May 3, 2016
Westlake Chemical Corp. (Houston) reports net income of $123.1 million for the second quarter ended March 31, down 15.8% year-over-year (YOY). Net sales decreased 11.6% YOY, to $975.2...
http://www.chemweek.com/newsletters/cbd/Westlake-results-down-on-lower-prices_79072.html
May 3, 2016
Solvay's first-quarter net income, €192 million ($220.5 million), was down 5.2% year-on-year (YOY) because of discontinued operations following the creation of Inovyn, a polyvinyl...
http://www.chemweek.com/newsletters/cbd/Solvays-Ebitda-up-on-cost-cuts-to-sell-Solvay-Indupa-to-Unipar_79073.html
May 3, 2016
Chemours has chosen its Corpus Christi site in Ingleside, TX, as the location for a $230 million facility that will produce hydrofluoroolefin (HFO) 1234yf, a new refrigerant developed...
http://www.chemweek.com/newsletters/cbd/Chemours-chooses-Ingleside-for-refrigerant-plant-beats-estimates_79074.html
May 3, 2016
Ecolab reports net income down 1% year-on-year (YOY), to $371.5 million, on sales down 6%, to $3.10 billion. Adjusted earnings totaled 77 cts/share, flat YOY and slightly ahead of...
http://www.chemweek.com/newsletters/cbd/Ecolab-tops-estimates_79075.html
May 3, 2016
BASF said on Monday that it has sold its former sterols manufacturing facility in Pasadena, TX, to Trecora Chemical (TC), a wholly owned subsidiary of Trecora Resources, a leading...
http://www.chemweek.com/newsletters/cbd/BASF-sells-former-sterols-plant_79076.html
May 3, 2016
Frutarom Industries (Herzliya, Israel) has acquired 100% of the partnership extrakt chemie Dr. Bruno Stellmach (Stadthagen, Germany) and the property on which extrakt chemie’s plant...
http://www.chemweek.com/newsletters/cbd/Frutarom-buys-extrakt-chemie_79077.html
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