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March 19, 2014
Brenntag has posted a slight increase in 2013 profit after tax, to €339 million, on sales almost 1% higher, at €9.8 billion. Gross profit increased 1% last year, to...
http://www.chemweek.com/people_and_business/companies/Brenntags-earnings-sales-edge-higher-in-tough-market-conditions_59659.html
March 19, 2014
PPG announced today it is investing $27 million to expand its coatings manufacturing plant at San Juan del Rio, Querterano, Mexico. The expansion will involve four new buildings with...
http://www.chemweek.com/people_and_business/companies/PPG-launches-$27-million-expansion-of-Mexico-coatings-plant_59656.html
March 18, 2014
FMC says it expects first-quarter 2014 operating profit in its agricultural solutions segment decline in the mid-20% range year-on-year because of cold weather in North...
http://www.chemweek.com/people_and_business/companies/FMC-predicts-weaker-first-quarter-agricultural-results-due-to-cold-weather_59646.html
March 18, 2014
Honeywell's UOP unit announced today that refinery company Pakistan Refinery Limited (PRL; Karachi, Pakistan) will use its process technology to help PRL convert naphtha...
http://www.chemweek.com/people_and_business/companies/UOP-wins-technology-contract-for-Pakistan-refinery_59648.html
March 18, 2014
Wacker Chemie has provided more details on its strategies following the recent announcement of the company’s preliminary results. Addressing a press briefing at Munich this...
http://www.chemweek.com/people_and_business/companies/Wacker-expects-better-sales-and-earnings-in-2014-signs-polysilicon-deal-with-China_59645.html
March 17, 2014
Sensient Technologies today released a letter to shareholders outlining its opposition to hedge fund FrontFour Capital’s (New York) slate of director nominees. Sensient says that...
http://www.chemweek.com/people_and_business/companies/Sensient-releases-letter-opposing-FrontFour-director-nominees_59623.html
March 17, 2014
Linde says that group revenue rose to €16.7 billion ($23.2 billion), or 5.2%, and group operating profit increased by 7.6% to €3.96 billion, in full-year 2013. The company...
http://www.chemweek.com/people_and_business/companies/Linde-increases-sales-and-profit_59619.html
March 17, 2014
CF Industries announced today that it has completed the previously announced sales of its phosphate business to Mosaic for $1.4 billion—approximately $1 billion net of taxes and...
http://www.chemweek.com/people_and_business/companies/CF-Industries-completes-phosphates-sale-to-Mosaic-for-$1-4-billion_59622.html
March 17, 2014
CHS (St. Paul, MN), a US farmer-owned cooperative, is acquiring selected Canadian retail assets from Agrium’s Crop Production Services subsidiary. Under the agreement, CHS will...
http://www.chemweek.com/people_and_business/companies/Farmer-co-op-CHS-acquires-Agrium-crop-production-assets_59620.html
March 14, 2014
Composite materials supplier Gurit (Zurich) says its sales in full-year 2013 fell 19.9%, to 281.1 million Swiss francs ($322 million) and Ebitda plummeted by 51.4%, to SF17.7 million...
http://www.chemweek.com/people_and_business/companies/Gurit-full-year-2013-sales-fall-19-9-percent-Ebitda-plummets-51-4-percent_59596.html
March 14, 2014
Idemitsu Kosan has halted operations at its Tokuyama, Japan refinery-petrochemical site as a result of seismic activity in the area, the company announced today. An earthquake of a...
http://www.chemweek.com/people_and_business/companies/Idemitsu-shutters-Tokuyama-refinery-petchems-complex-after-earthquake_59594.html
March 14, 2014
LyondellBasell Industries has declared force majeure on vinyl acetate monomer (VAM) production at the company's plant at La Porte, TX, company sources have confirmed. The...
http://www.chemweek.com/people_and_business/companies/LyondellBasell-declares-force-majeure-on-VAM-at-La-Porte-plant_59595.html
March 14, 2014
Bills have been introduced in the US House and Senate designed to clear the backlog of US FDA approval for sunscreen ingredients and implement a streamlined process for ingredient...
http://www.chemweek.com/people_and_business/companies/Congress-introduces-bill-to-speed-sunscreen-ingredient-approval_59599.html
March 13, 2014
Eastman Chemical announced today that it has entered a definitive agreement to acquire Commonwealth Laminating & Coating (Martinsville, VA), a manufacturer and distributor of...
http://www.chemweek.com/people_and_business/companies/Eastman-acquires-Virginia-film-manufacturer_59554.html
March 13, 2014
Cytec announced that it has acquired an equity position in C-CON Holdings (Herrenkreuth, Germany), an engineering, design, and process development company. The companies also signed a...
http://www.chemweek.com/people_and_business/companies/Cytec-acquires-German-engineering-company-C-CON_59529.html
March 12, 2014
Praxair has strengthened its position in Italy through the acquisition of Messer Italia’s (Settimo Torinese) liquid carbon dioxide, oxygen, nitrogen and argon, and packaged gases...
http://www.chemweek.com/people_and_business/companies/Praxair-acquires-Messer-assets-in-Italy-divests-operations-in-France-to-Messer_59506.html
March 12, 2014
BioNitrogen Holdings (West Plam Beach, FL), a company that creates urea fertilizer from biomass, has reached an agreement to acquire land in Taylor County, FL for urea plant. The...
http://www.chemweek.com/people_and_business/companies/Florida-company-to-build-biomass-to-urea-fertilizer-plant_59510.html
March 12, 2014
Grizzly Discoveries (Edmonton, AB), a mineral exploration company, announced that it has entered into a memorandum of understanding with an unnamed third party for a proposed...
http://www.chemweek.com/people_and_business/companies/Canadian-exploration-group-signs-MOU-for-Alberta-potash-project_59509.html
March 12, 2014
Air Liquide has started operations at its nitrogen plant at Tioga, ND. The company says the plant will increase nitrogen supply to support drilling operations in the oil-rich Bakken...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-starts-up-North-Dakota-nitrogen-plant_59507.html
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