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October 31, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits increased by 21.7% in its fiscal first half, ended 30 September, compared with the year-ago...
http://www.chemweek.com/newsletters/cbd/Japan-firms-report-mixed-results_65033.html
October 31, 2014
US EPA today approved a Texas state program to issue greenhouse gas (GHG) permits, eliminating the need for companies to seek air permits from federal regulatory agencies in Texas. The...
http://www.chemweek.com/newsletters/cbd/EPA-approves-Texas-GHG-permitting-program_65034.html
October 31, 2014
Sinopec’s chemicals segment reports an operating loss of 3.51 billion renminbi ($577 million) in the first nine months of 2014 compared with an operating loss of Rmb59 million in the...
http://www.chemweek.com/newsletters/cbd/Sinopecs-chemicals-segment-nine-month-loss-widens_65035.html
October 31, 2014
Europe's November ethylene contract price settled at €1,060/m.t. ($1,349) del northwest Europe (NWE), down €90/m.t. on October. The November propylene contract price also dropped...
http://www.chemweek.com/newsletters/cbd/November-olefin-contract-prices-settle-down-90m-t-in-Europe_65036.html
October 30, 2014
The CW75 index was flat for the week ended 28 October, dipping below the MSCI World Index and the S&P 500, which both increased 2.0%. Basic chemical shares dropped 2.0%, diversified shares rose 1.0%, and specialty stocks were flat....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_64974.html
October 30, 2014
Higher volumes in many of its products and higher prices for some, especially solar silicon, have helped Wacker Chemie to raise its third-quarter sales and profits. Ebitda more than...
http://www.chemweek.com/newsletters/cbd/Wacker-sales-profits-rise_64968.html
October 30, 2014
Company Today Yesterday Air Products (APD) 134.08 127.79 Airgas (ARG) 109.32 108.35 Albemarle (ALB) 57.30 57.45 Ashland (ASH) 106.33 106.05 Axiall Corp. (AXLL) 38.56 38.66 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_64969.html
October 30, 2014
Bayer said today that it has increased its 2014 profit forecast following a stronger-than-expected third quarter. It now expects core earnings per share (EPS) to grow by a mid-to-high...
http://www.chemweek.com/newsletters/cbd/Bayer-raises-outlook-on-track-to-float-MaterialScience_64961.html
October 30, 2014
Linde has revised down its outlook for 2014 due to weaker market conditions. The company says it will no longer be able to achieve the target it had set itself for 2014 of a return on...
http://www.chemweek.com/newsletters/cbd/Linde-downgrades-outlook_64962.html
October 30, 2014
CF Industries today announced that its entire Woodward, OK, nitrogen complex is offline due to a problem in one of the boilers. All of the plants in the complex were safely shut down...
http://www.chemweek.com/newsletters/cbd/CF-shuts-down-Woodward-OK-nitrogen-complex-to-repair-boiler_64963.html
October 30, 2014
Shell has confirmed that most of the production units at the company's Moerdijk, Netherlands petrochemical complex will remain offstream for the rest of 2014 due to a previously...
http://www.chemweek.com/newsletters/cbd/Shell-Impact-of-latest-Moerdijk-incident-will-likely-last-into-2015_64964.html
October 30, 2014
Evonik Industries says it increased sales in third-quarter 2014 to €3.24 billion ($4.13 billion), compared with €3.20 billion in the year-ago quarter. The company says that organic...
http://www.chemweek.com/newsletters/cbd/Evonik-sales-inch-higher_64965.html
October 30, 2014
Private equityy firm Warburg Pincus (New York) says that it has acquired a minority stake in Laurus Labs (Hyderabad), a leading developer and manufacturer of active pharmaceutical...
http://www.chemweek.com/newsletters/cbd/Private-equity-firm-buys-minority-stake-in-Laurus-for-$90-million_64966.html
October 30, 2014
FMC reports third-quarter earnings that more than tripled year-on-year (YOY), to $56.3 million, or 42 cts/share, on sales up 6%, to $1.02 billion. Excluding charges, adjusted earnings...
http://www.chemweek.com/newsletters/cbd/FMC-profits-fall-short-of-estimates_64967.html
October 29, 2014
DSM's new North American nylon polymerization plant will be built at Augusta, GA, the company confirmed today. The previously announced investment was accounted for earlier this year...
http://www.chemweek.com/newsletters/cbd/DSM-names-site-for-nylon-6-plant_64909.html
October 29, 2014
Ineos says its Ineos's Barex resins subsidiary will close its Barex resin plant at Lima, OH, in the first quarter of 2015. The plant is the sole Ineos facility that produces Barex...
http://www.chemweek.com/newsletters/cbd/Ineos-to-close-Ohio-resin-plant_64910.html
October 29, 2014
Nova Chemicals reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.4 billion, up...
http://www.chemweek.com/newsletters/cbd/Nova-doubles-income_64911.html
October 29, 2014
Praxair reports third quarter net income of $477 million, up 6% year-over-year (YOY) on sales up 4% YOY, to $3.1 billion. Sales grew from higher volumes—including project start-ups...
http://www.chemweek.com/newsletters/cbd/Praxair-earnings-sales-up_64912.html
October 29, 2014
Company Today Yesterday Air Products (APD) 127.79 129.65 Airgas (ARG) 108.35 108.88 Albemarle (ALB) 57.45 57.22 Ashland (ASH) 106.05 106.27 Axiall Corp. (AXLL) 38.66 39.30 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_64913.html
October 29, 2014
Rosneft chairman Igor Sechin and Pirelli chairman Marco Tronchetti Provera have signed a memorandum of understanding that will lead to the production and sales of synthetic rubber in...
http://www.chemweek.com/newsletters/cbd/Rosneft-Pirelli-sign-deal-for-rubber-production-in-Russia_64914.html
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