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May 5, 2015
Balchem today reported first quarter net earnings that nearly doubled year-on-year (YOY), to $15.2 million, on sales up 68.5%, to $144.5 billion. The rise in sales was mostly due to...
http://www.chemweek.com/newsletters/cbd/Balchem-earnings-soar-due-to-inclusion-of-SensoryEffects_70094.html
May 5, 2015
Solvay says that it has completed the previously announced sale of its Germany-based refrigerant activities and pharma propellants to Daikin Industries (Osaka), since its newly created...
http://www.chemweek.com/newsletters/cbd/Solvay-completes-divestment-of-German-refrigerant-activities_70095.html
May 5, 2015
Agricultural chemical firm Nufarm (Melbourne) says that its board of directors today appointed COO and acting CEO Greg Hunt as the company's new managing director and CEO. Hunt was...
http://www.chemweek.com/newsletters/cbd/Nufarm-appoints-CEO_70096.html
May 5, 2015
Fragrances and flavors firm Symrise (Holzminden, Germany) today reported its first-quarter 2015 financial results, with sales leaping by 42% year-on-year (YOY), to €668.0 million...
http://www.chemweek.com/newsletters/cbd/Symrise-reports-double-digit-growth-in-sales-profit_70097.html
May 5, 2015
Company Today Yesterday Air Products (APD) 146.52 147.63 Airgas (ARG) 102.24 102.50 Albemarle (ALB) 60.02 60.08 Ashland (ASH) 127.01 128.32 Axiall Corp. (AXLL) 39.71 41.26 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_70098.html
May 5, 2015
Bayer CropScience on Tuesday announced a strategic innovation partnership with Flagship Ventures, a leading venture capital and venture creation firm. The partnership also includes an...
http://www.chemweek.com/newsletters/cbd/Bayer-CropScience-forms-innovation-partnership-with-venture-capital-firm-Flagship-Ventures_70091.html
May 5, 2015
BASF says that Sanjeev Gandhi, member of the company’s board of executive directors, took over the responsibility for BASF’s operations in Asia/Pacific on 1 May. In this role...
http://www.chemweek.com/newsletters/cbd/BASF-appoints-board-member-head-of-Asia-operations_70092.html
May 5, 2015
Jacobs Engineering says that it has been awarded an engineering, procurement and construction management (EPCM) contract for the previously announced expansion at Huntsman’s...
http://www.chemweek.com/newsletters/cbd/Jacobs-wins-Huntsman-contract-for-polyetheramine-expansion_70093.html
May 4, 2015
Sadara Chemical Co., a joint venture between Saudi Aramco and Dow Chemical and currently commissioning its $20-billion complex at Al Jubail, has signed a 20-year deal to supply Energy...
http://www.chemweek.com/newsletters/cbd/Sadara-signs-EO-PO-deal_70067.html
May 4, 2015
AkzoNobel said today that it has finalized the €153-million ($170.4 million) divestment of its global paper chemicals business to Kemira. The deal was first announced in July...
http://www.chemweek.com/newsletters/cbd/AkzoNobel-completes-paper-chemicals-divestment-to-Kemira_70068.html
May 4, 2015
Engineering and construction firm WorleyParsons (Sydney) today announced expected nonrecurring redundancy, onerous lease charges, and general project provisions of A$125 million (US$98...
http://www.chemweek.com/newsletters/cbd/WorleyParsons-cuts-jobs_70069.html
May 4, 2015
GPCA Supply Chain 2015 kicks off tomorrow in Dubai, followed by APIC 2015 in Seoul on 7-8 May. A number of companies are expected to report earnings this week, including Agrium...
http://www.chemweek.com/newsletters/cbd/Week-Ahead_70070.html
May 4, 2015
Company Today Friday Air Products (APD) 147.63 146.52 Airgas (ARG) 102.50 101.96 Albemarle (ALB) 60.08 60.37 Ashland (ASH) 128.32 128.98 Axiall Corp. (AXLL) 41.26 40.88 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_70071.html
May 4, 2015
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > BASF earnings decline, confirms outlook > Shell completes FEED on US cracker, encouraged by...
http://www.chemweek.com/newsletters/cbd/Week-of-27-April-3-May-2015_70072.html
May 4, 2015
Dow Chemical will reduce its global workforce by 1,500–1,700, about 3% of the company’s total, to streamline operations as a result of the pending divestment of most of its...
http://www.chemweek.com/newsletters/cbd/Dow-to-cut-workforce-by-3-percent_70063.html
May 4, 2015
Westlake says conversions to cost-advantaged ethane feedstock improved first-quarter margins in the vinyls chain, but the gain was more than offset by lower margins in olefins. The...
http://www.chemweek.com/newsletters/cbd/Westlake-misses-estimates_70064.html
May 4, 2015
Saudi Aramco has confirmed that Khalid Al Falih has been appointed chairman of the company, and it has announced that Amin Nasser has been named as the acting president and CEO. Nasser...
http://www.chemweek.com/newsletters/cbd/Aramco-names-new-CEO-to-be-separated-from-oil-ministry-in-major-shakeup_70065.html
May 4, 2015
PQ has named George Biltz president and CEO, effective 1 May. Biltz succeeds Michael Boyce, who will continue to serve as PQ chairman. PQ is a leading producer of silicates, specialty...
http://www.chemweek.com/newsletters/cbd/PQ-confirms-new-CEO_70066.html
May 1, 2015
DuPont and textile company Kolon Industries (Gyeonggi-Do, South Korea) reached an agreement settling a legal dispute over Kolon’s alleged infringement of DuPont’s patent for Kevlar...
http://www.chemweek.com/newsletters/cbd/DuPont-Kolon-settle-dispute_70031.html
May 1, 2015
Airgas reports fiscal fourth-quarter net earnings down 0.8% year-on-year (YOY), to $87.7 million, on sales up 2.4%, to $1.30 billion. Adjusted earnings totaled $1.15/share, slightly...
http://www.chemweek.com/newsletters/cbd/Airgas-meets-reduced-guidance_70032.html
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