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March 4, 2015
Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
http://www.chemweek.com/people_and_business/companies/Ineos-to-integrate-Ineos-ABS-Styrolution-in-the-Americas-by-year-end_68304.html
March 4, 2015
Axalta today opened an automotive water-based coatings plant in China. The plant, which is adjacent to Axalta’s operations center in Shanghai’s Jiading district, will...
http://www.chemweek.com/people_and_business/companies/Axalta-opens-water-based-coatings-plant-in-Shanghai_68275.html
March 4, 2015
Lenzing Group (Lenzing, Austria) says today that it expects consolidated sales to be €1.86 billion ($2.1 billion) in full-year 2014, according to preliminary figures, compared...
http://www.chemweek.com/people_and_business/companies/Lenzing-expects-to-report-a-loss-in-2014-but-operating-results-above-expectations_68262.html
March 4, 2015
Evonik Industries has reported today full-year 2014 sales of €12.9 billion ($14.4 billion), compared with €12.7 billion a year ago, or an increase of 2% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/companies/Evonik-reports-higher-fourth-quarter-sales-earnings_68258.html
March 3, 2015
Arsenal Capital’s Accella Performance Materials (St. Louis), a maker of custom polyurethanes and recycled rubber products, has acquired IPS Polymer Systems (Rancho Cucamonga...
http://www.chemweek.com/people_and_business/companies/Arsenals-Accella-acquires-IPS-Polymer-Systems_68273.html
March 3, 2015
Bayer MaterialScience will discontinue production at the Belford Roxo site in Brazil. The facilities, designed to produce 55,000 m.t./year of methylene di-para-phenylene isocyanate...
http://www.chemweek.com/people_and_business/companies/Bayer-MaterialScience-to-discontinue-production-in-Brazil_68266.html
March 3, 2015
The National Industrialization Co. (Tasnee; Riyadh) has raised its stake in Dyesol (Queanbeyan, Australia), a company developing solar cells based on dye technology, to 33.50% from...
http://www.chemweek.com/people_and_business/companies/Tasnee-increases-stake-in-Dyesol_68250.html
March 3, 2015
Asahi Kasei says that its board of directors today decided to absorb three wholly owned subsidiaries — Asahi Kasei Chemicals (AKC), Asahi Kasei Fibers (AKF), and Asahi Kasei...
http://www.chemweek.com/people_and_business/companies/Asahi-Kasei-to-absorb-chemicals-fibers-and-electronic-materials-subsidiaries_68261.html
March 2, 2015
Tronox’s $1.64-billion acquisition of FMC’s soda ash business has received approval under the Hart-Scott-Rodino Antritrust Act in the US, FMC says. The deal is expected to...
http://www.chemweek.com/people_and_business/companies/Tronox-FMC-soda-ash-deal-clears-regulatory-hurdle-in-US_68249.html
March 2, 2015
FMC has raised its quarterly dividend by 10%, to 16.5 cts/share, the company says. The dividend will be paid on 16 April to shareholders of record as of 31 March. The higher dividend...
http://www.chemweek.com/people_and_business/companies/FMC-raises-dividend-10-percent_68231.html
March 2, 2015
OM Group today reported a fourth-quarter net loss of $189 million, or $6.24/share, on pension-related charges, compared with a profit of $17.2 million in the year-ago quarter. Sales...
http://www.chemweek.com/people_and_business/companies/OM-Group-swings-to-loss-on-pension-charge-but-beats-estimates_68229.html
March 2, 2015
GFBiochemicals (Milan, Italy), a company that specializes in the research, development, and production of biobased chemicals and fuels, has announced that it is starting...
http://www.chemweek.com/people_and_business/companies/GFBiochemicals-to-start-commercial-production-of-levulinic-acid-this-summer_68225.html
March 2, 2015
Braskem has entered into a new six-month contract to receive naphtha feedstock from Petrobras. The new contract is valid until 31 August 2015, and the price will be adjusted...
http://www.chemweek.com/people_and_business/companies/Braskem-signs-new-six-month-naphtha-supply-contract-with-Petrobras_68224.html
March 2, 2015
Orica (Melbourne) says that it has completed the previously announced sale of the company’s chemicals business to funds advised by private equity firm Blackstone (New York), for...
http://www.chemweek.com/people_and_business/companies/Orica-completes-sale-of-chemicals-business-to-Blackstone_68216.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/people_and_business/companies/Shells-Pearl-GTL-plant-in-Qatar-in-2-month-turnaround_68182.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/people_and_business/companies/Sika-reports-record-year-2014-sales-grow-8-percent-to-$5-9-billion-Ebit-leaps-21-percent_68179.html
February 26, 2015
Ecolab today reported fourth-quarter net income up 17% year-on-year (YOY), to $335.5 million, on net sales up 3%, to $3.68 billion. Adjusted earnings totaled $1.20/share, matching...
http://www.chemweek.com/people_and_business/companies/Ecolab-earnings-match-estimates-on-higher-sales_68042.html
February 26, 2015
Axiall today announced it has sold its phosgene and derivatives facility at LaPorte, TX to Altivia Chemicals (Houston) for an undisclosed sum. The facility makes phosgene and...
http://www.chemweek.com/people_and_business/companies/Axiall-sells-phosgenes-facility-in-Texas_68120.html
February 26, 2015
Ferro today 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/people_and_business/companies/Ferro-earnings-tumble-on-lower-sales_68119.html
February 26, 2015
Koppers today reported a fourth-quarter net loss of $33.5 million, or $1.67/share, compared with a loss of $4.1 million in the year-ago quarter. Net sales grew by 25% year-on-year...
http://www.chemweek.com/people_and_business/companies/Koppers-loss-widens-on-negative-oil-impacts_68117.html
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