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July 29, 2014
Sumitomo Seika Chemicals is to form a new polymers company at the end of this month to build and operate a superabsorbents production facility at Yeosu, South Korea, to meet brisk...
July 29, 2014
Eastman Chemical reports net earnings of $292 million, 9.8% higher year-on-year (YOY). Adjusted earnings of $1.92/share were 14.2% higher YOY and beat a $1.84/share consensus of...
July 29, 2014
Linde (Munich), the gases and engineering group, today reported a 4.3% drop in second-quarter adjusted operating profit, to €969 million ($1.30 billion), on 1.3% lower revenues of...
July 28, 2014
Company Today Friday Air Products (APD) 135.58 135.39 Airgas (ARG) 110.41 109.83 Albemarle (ALB) 68.50 68.61 Ashland (ASH) 108.59 107.62 Axiall Corp. (AXLL) 45.52 45.58 Cabot (CBT)...
July 28, 2014
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > LyondellBasell net income increases 27%. > BASF reports higher earnings on flat sales. > Dow...
July 28, 2014
The government announced plans to open large parts of the United Kingdom for oil and gas exploration, including unconventional oil and gas that can only be produced by fracking. The...
July 28, 2014
Earnings season continues this week, with Eastman Chemical expected to report today after market close, followed by Ecolab tomorrow; Albemarle, Cabot Corp., Clariant, Ferro Corp., FMC...
July 28, 2014
Following a strategic review announced last October, Consumer goods group Reckitt Benckiser (RB; Slough, UK) said today that it plans to spin off its pharmaceuticals business. “We...
July 28, 2014
BASF today declined to comment on Indian press reports that it is in discussions with privately owned Essar (Mumbai) to form a $2-billion petrochemicals joint venture in India. “It...
July 28, 2014
BASF today broke ground on the second phase of its innovation campus Asia/Pacific at its Pudong site at Shanghai. The €90-million ($120.9 million) expansion consists of an additional...
July 28, 2014
RPM today reported fiscal fourth-quarter net income up 66.4% year-on-year (YOY), to $108.8 million, on sales up 9.1%, to $1.28 billion. On an adjusted basis—excluding some charges...
July 28, 2014
Stepan announced on Friday that it is carrying out front-end engineering design for a $60-70 million chemical production facility in the industrial corridor of Ascension Parish in...
July 25, 2014
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 77.2% fall in operating profits for the second quarter of 2014 compared with the...
July 25, 2014
M&G Chemicals says an Italian court has confirmed a ruling against Invista, declaring void the Italian counterpart of its patent for polyethylene terephthalate (PET) barrier resin...
July 25, 2014
Company Today Yesterday Air Products (APD) 135.39 135.97 Airgas (ARG) 109.83 110.21 Albemarle (ALB) 68.61 67.85 Ashland (ASH) 107.62 107.73 Axiall Corp. (AXLL) 45.58 46.64 Cabot (CBT)...
July 25, 2014
China's National Energy Administration (NEA; Beijing) has told local authorities to curb irrationally developing coal-to-oil and coal-to-gas projects, after new technology sparked an...
July 25, 2014
PhosAgro (Moscow) says production and sales in the first half of this year rose 3.4% and 3.9%, respectively. Production reached 3.08 million m.t. and sales 3.08 million m.t. The...
July 25, 2014
Mexichem has reported a 52% decrease in second-quarter net earnings, $50 million, hurt by foreign exchange and higher amortization following acquisitions. Net income from continuing...
July 25, 2014
LyondellBasell says second-quarter net income totaled, $1.2 billion, up 27% year-over-year (YOY) on strong gains distributed across the business. Net sales totaled $12.1 billion, up 9%...
July 25, 2014
The CW75 index grew 0.1% for the week ended 22 July, dipping below the MSCI World Index and the S&P 500, which both rose 0.5%, respectively....
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