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March 2, 2015
Borealis reports a 5% decline in fourth-quarter net profit to €141 million ($157.9 million) on 6% lower sales of €1.98 billion. Full-year 2014 net profit, however, was up 35% to...
http://www.chemweek.com/newsletters/cbd/Borealis-warns-of-lower-profit-this-year_68234.html
February 27, 2015
Shell's Pearl gas-to-liquids (GTL) plant, in Qatar has entered a planned maintenance turnaround in February 2015. Pearl GTL comprises two identical GTL 'trains', with a total capacity...
http://www.chemweek.com/newsletters/cbd/Shells-Pearl-GTL-plant-in-Qatar-in-2-month-turnaround_68202.html
February 27, 2015
International Flavors & Fragrances (IFF), a creator of flavors and fragrances for consumer products, says that it has expanded its flavors facility at Isando, South Africa. The new...
http://www.chemweek.com/newsletters/cbd/IFF-expands-flavors-facility-in-South-Africa_68201.html
February 27, 2015
Sumitomo Chemical says that it will integrate its environmental health and vector control businesses into a reorganized environmental health division, effective 1 April. Sumitomo’s...
http://www.chemweek.com/newsletters/cbd/Sumitomo-Chemical-to-combine-environmental-health-and-vector-control-businesses_68200.html
February 27, 2015
Ferro yesterday reported fourth-quarter net income down 81% year-on-year (YOY), to $11.4 million, on sales down 5%, to $260.9 million. The company reported a loss from continuing...
http://www.chemweek.com/newsletters/cbd/Ferro-earnings-tumble-on-lower-sales_68199.html
February 27, 2015
Sika (Baar, Switzerland), today reported that its sales rose to 5.57 billion Swiss francs ($5.9 billion) in full-year 2014, an increase of 13% in local currencies, or 8.3% in reporting...
http://www.chemweek.com/newsletters/cbd/Sika-reports-2014-sales-grow-8-percent-to-$5-9-billion-Ebit-leaps-21-percent_68198.html
February 27, 2015
Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back...
http://www.chemweek.com/newsletters/cbd/Cefic-EU-chemical-growth-stagnant-in-2014_68197.html
February 27, 2015
BASF today reported fourth-quarter sales of €18.0 billion ($20.2 billion) almost matching the previous year’s level of €18.1 billion. Earnings before interest and tax (Ebit) was...
http://www.chemweek.com/newsletters/cbd/BASF-reports-higher-earnings-on-flat-sales_68196.html
February 27, 2015
Company Today Yesterday Air Products (APD) 156.28 156.60 Airgas (ARG) 117.45 117.14 Albemarle (ALB) 56.79 56.08 Ashland (ASH) 129.10 128.40 Axiall Corp. (AXLL) 46.36 47.31 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_68195.html
February 27, 2015
The CW 75 index increased 0.9% for the week ended 24 February, outpacing the S&P 500, which rose by 0.7%, but lagging the MSCI World Index, which was up 1.1%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_68157.html
February 26, 2015
Bayer today reported a 7.4% rise in 2014 net income to €3.43 billion ($3.89 billion) on 5.2% higher sales of €42.24 billion. Adjusted for currency and portfolio effects, sales grew...
http://www.chemweek.com/newsletters/cbd/Bayer-results-improve-will-decide-on-either-a-spinoff-or-IPO-of-MaterialScience_68123.html
February 26, 2015
Solvay today reported net income of €158 million ($179.4 million) during the last quarter of 2014, up from €29 million one year earlier. Recurring Ebitda (Rebitda) was €414...
http://www.chemweek.com/newsletters/cbd/Solvays-net-profit-soars_68124.html
February 26, 2015
Axiall is busily reshaping its portfolio. The company announced that it is selling its La Porte, TX, phosgenation facility to Altivia Chemicals for an undisclosed sum. That move came...
http://www.chemweek.com/newsletters/cbd/Axiall-sells-phosgenation-postpones-cracker-pursues-chlor-alkali-MLP_68125.html
February 26, 2015
The United Steelworkers (USW; Pittsburgh) union and the North America’s Building Trades Unions (NABTU; Washington) issued a joint statement on 25 February, clarifying what the USW is...
http://www.chemweek.com/newsletters/cbd/USW-NABTU-unions-clarify-labor-negotiations-during-refinery-strike_68126.html
February 26, 2015
Chemtura reports fourth-quarter adjusted net earnings from continuing operations of $8 million, or 10 cts/share, down 50% year-on-year (YOY), on net sales down 14%, to $467 million...
http://www.chemweek.com/newsletters/cbd/Chemtura-beats-estimates-despite-lower-sales_68127.html
February 26, 2015
Company Today Yesterday Air Products (APD) 156.60 157.02 Airgas (ARG) 117.14 117.11 Albemarle (ALB) 56.08 55.86 Ashland (ASH) 128.40 128.03 Axiall Corp. (AXLL) 47.31 48.42 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_68128.html
February 25, 2015
ThyssenKrupp Industrial Solutions has secured a follow-up order from fertilizer manufacturer Nitrogénmüvek Zrt (Pétfürdö, Hungary) to expand production capacity. ThyssenKrupp...
http://www.chemweek.com/newsletters/cbd/ThyssenKrupp-Industrial-Solutions-to-build-nitric-acid-plant_68093.html
February 25, 2015
Air Liquide and Sasol have signed a long-term agreement for the supply of large quantities of industrial gases to Sasol’s Secunda, South Africa, site about 140 kilometers east of...
http://www.chemweek.com/newsletters/cbd/Air-Liquide-to-build-worlds-largest-ASU_68082.html
February 25, 2015
Private equity company Apax Partners has signed a binding agreement to acquire specialty chemicals distributor Azelis (Antwerp) from another private equity firm, 3i Group. Apax and 3i...
http://www.chemweek.com/newsletters/cbd/Private-equity-firm-Apax-Partners-confirms-acquisition-of-Azelis_68083.html
February 25, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, announced today that its board of directors on...
http://www.chemweek.com/newsletters/cbd/Petro-Rabigh-plans-50-day-turnaround-at-all-facilities_68084.html
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