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December 12, 2014
Sherwin-Williams (SW) today narrowed its full-year 2014 adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are expected to...
http://www.chemweek.com/newsletters/cbd/Sherwin-Williams-narrows-guidance-details-Lowes-program_66157.html
December 12, 2014
Engineering and construction (E&C) firm KBR said on Thursday that it will streamline its operations following a major, strategic review announced in June. The restructuring will...
http://www.chemweek.com/newsletters/cbd/KBR-to-streamline-operations-following-an-in-depth-review_66158.html
December 12, 2014
Olin plans to close permanently the portion of the company's Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/newsletters/cbd/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66159.html
December 12, 2014
Sabic executive v.p./corporate finance and CFO Mutlaq Al-Morished has announced that he is resigning from Sabic, according to an interview with Saudi news service Mubasher. Al-Morished...
http://www.chemweek.com/newsletters/cbd/Sabic-CFO-resigns_66160.html
December 12, 2014
Air Liquide is acquiring a portion of the business of the Arair Group (Tours, France), a home health-care provider in central France. Air Liquide will take over Arair's Arair...
http://www.chemweek.com/newsletters/cbd/Air-Liquide-acquires-parts-of-Arair-Group_66161.html
December 12, 2014
Mitsui Chemicals and Sinopec have announced that their 50-50 jv, Shanghai Sinopec Mitsui Elastomers, has started up the previously announced, new ethylene propylene diene terpolymer...
http://www.chemweek.com/newsletters/cbd/Mitsui-Chemicals-Sinopec-JVs-start-up-plants-producing-EPT-phenol-and-acetone_66162.html
December 12, 2014
Arkema says it has completed a share capital increase—with preferential subscription rights—that was launched on 19 November as part of the financing of the proposed acquisition of...
http://www.chemweek.com/newsletters/cbd/Arkema-completes-capital-increase-to-finance-Bostik-deal_66163.html
December 12, 2014
Company Today Yesterday Air Products (APD) 139.83 144.04 Airgas (ARG) 111.13 113.32 Albemarle (ALB) 56.29 58.34 Ashland (ASH) 116.15 116.87 Axiall Corp. (AXLL) 39.83 41.20 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66164.html
December 12, 2014
IHS has cut its crude oil forecast sharply with the latest dated Brent projections lowered by about $22/bbl in 2015 and $11/bbl in 2016, according to IHS December Global Crude Oil...
http://www.chemweek.com/newsletters/cbd/IHS-cuts-2015-crude-oil-price-forecast-sharply_66105.html
December 11, 2014
Benzene prices fell below $800/m.t. cif Amsterdam-Rotterdam-Antwerp (ARA) on 9 December, trading at $770-780/m.t., and was notionally pegged at $740-765/m.t. yesterday—the lowest...
http://www.chemweek.com/newsletters/cbd/Benzene-prices-reach-five-year-low-in-Europe_66108.html
December 11, 2014
Brenntag says that it has agreed to acquire SurtiQuímicos (Bogotá, Colombia), a distributor of specialty chemicals. The company operates with facilities at Bogotá and Medellín...
http://www.chemweek.com/newsletters/cbd/Brenntag-to-buy-SurtiQumicos_66109.html
December 11, 2014
Company Today Yesterday Air Products (APD) 144.04 142.77 Airgas (ARG) 113.32 112.64 Albemarle (ALB) 58.34 59.53 Ashland (ASH) 116.87 117.21 Axiall Corp. (AXLL) 41.20 42.25 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_66110.html
December 11, 2014
US chemical output is set accelerate sharply through the end of the decade, exceeding the growth of the overall US economy, according to ACC’s Year End 2014 Chemical Industry...
http://www.chemweek.com/newsletters/cbd/US-chemical-output-to-hit-3-7-percent-in-2015-ACC-says_66103.html
December 11, 2014
The US Senate yesterday passed its version of H.R. 4007—The Protecting and Securing Chemical Facilities from Terrorist Attacks Act of 2014, an updated version of the Chemical and...
http://www.chemweek.com/newsletters/cbd/US-Senate-passes-amended-version-of-CFATS_66104.html
December 11, 2014
Sherwin-Williams (SW) announced today that it will supply paint to Lowe’s, the US building-supply retailer, under a program called HGTV Home. Products under that brand will be...
http://www.chemweek.com/newsletters/cbd/Sherwin-Williams-to-supply-paint-to-Lowes-under-new-deal_66106.html
December 11, 2014
US Bankruptcy Court in Delaware has approved the restructuring plan for RPM subsidiary Bondex, a maker of pigments, metal coatings, cleaning products and a variety of construction...
http://www.chemweek.com/newsletters/cbd/Court-approves-Bondex-restructuring-plan_66107.html
December 11, 2014
The CW75 index fell 0.5% for the week ended 9 December, rising above the MSCI World Index, which decreased 0.8%, and falling below the S&P 500, which dropped 0.3%....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_66098.html
December 10, 2014
Solvay is increasing ultra-high performance polymers capacity at the company’s Panoli, India plant by 25% to support strong demand for KetaSpire and AvaSpire, the company’s...
http://www.chemweek.com/newsletters/cbd/Solvay-hikes-polymers-capacity_66061.html
December 10, 2014
Toray Industries says that it has reached a basic agreement with Saati (Appiano Gentile, Italy) to acquire its European carbon fiber fabric and prepreg business. Financial details of...
http://www.chemweek.com/newsletters/cbd/Toray-to-acquire-Europe-based-carbon-fiber-prepreg-business_66050.html
December 10, 2014
Private equity firm The Riverside Co. (New York) says that it has acquired Drex-Chem (Shah Alam, Malaysia), a specialty chemicals distributor. Financial terms of the deal were not...
http://www.chemweek.com/newsletters/cbd/The-Riverside-Co-buys-Drex-Chem_66051.html
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