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August 4, 2015
Cabot today reported a fiscal third-quarter net loss of $445 million, or $7.04/share, mostly due to a $482-million asset impairment charge related to the Supreme Court’s recent...
August 4, 2015
M. Holland Co. (Northbrook, IL) has completed the formation of its new affiliate in Mexico, M. Holland Latinoamérica. The business is a partnership between M. Holland and...
July 31, 2015
Debt refinancing is a risk for a group of nine high-yield-rated chemical companies with a total of about $5 billion in debt maturing in 2017 or 2018, according to a new report by...
July 31, 2015
The European Commission has given the green light to the French government to release €125 million ($138.1 million) in state aid to chlor-alkali and polyvinyl chloride (PVC)...
July 30, 2015
Quaker Chemical today announced second-quarter net income down 2.6% year-on-year (YOY), to $15.0 million, or $1.13/share, on sales down 4.0%, to $183.7 million. Volumes were up by 4%...
July 30, 2015
Repsol's (Madrid) petrochemical sales volumes increased marginally during the second quarter, to 683,000 m.t., the company says. Repsol does not disclose the net profit generated by...
July 30, 2015
Air Products today reported fiscal third-quarter net income up 2% year-on-year (YOY), to $318.8 million, or $1.47/share, on sales down 6%, to $2.47 billion. Excluding restructuring and...
July 30, 2015
FMC will establish a European regional headquarters and research facility at Horsholm, a suburb of Copenhagen, Denmark. The company's European Innovation Center (EIC) will be located...
July 30, 2015
Evonik Industries is globalizing its R&D activities for the global cosmetics industry, and at the same time using local R&D to strengthen its position in important growth...
July 30, 2015
Royal Dutch Shell says that it will cut 6,500 jobs this year, almost 7% of its total workforce, as part of additional cost-cutting plans designed to offset the impact of a prolonged...
July 29, 2015
Ashland today reported fiscal third-quarter net income of $107 million, or $1.56/share, up 8.1% year-on-year (YOY), on sales down 14.9%, to $1.37 billion. Adjusted earnings from...
July 29, 2015
Ferro today reported second-quarter net income down 34.0% year-on-year (YOY), to $6.6 million, on sales down 8.8%, to $268.2 million. Net income was impacted by restructuring charges...
July 29, 2015
The World Bank has recommended that the Armenian government put Nairit (Yerevan), a debt-ridden synthetic rubber plant, into bankruptcy. The World Bank announced last February that it...
July 29, 2015
Praxair today reported second-quarter net income down 34% year-on-year (YOY), to $308 million, or $1.06/share, on sales down 12%, to $2.74 billion. Earnings were hit by negative...
July 29, 2015
Westlake Chemical Partners (WLKP; Houston ) filed comments on 28 July with the IRS arguing against proposed regulations that would not allow master limited partnerships (MLPs) based on the steam cracking of natural gas liquids....
July 28, 2015
Ecolab Tuesday reported second-quarter net income down 3% year-on-year (YOY), to $302.0 million, on sales down 5%, to $3.39 billion. Adjusted earnings totaled $1.08/share, up 5% YOY...
July 28, 2015
Airgas today reported fiscal 2016 first-quarter earnings that declined 1% year-on-year (YOY), to $88.2 million, on sales up 3%, to $1.35 billion. Earnings totaled $1.16/share, down 2%...
July 27, 2015
RPM Monday reported fiscal fourth-quarter net income up 18% year-on-year (YOY), to $128.0 million, on sales up 7.5%, to $1.37 billion. Earnings totaled 94 cts/share, beating...
July 27, 2015
Amyris (Emeryville, CA), has signed definitive agreements for the previously announced conversion and restructuring of approximately $175 million of debt, to be converted to Amyris...
July 24, 2015
RPM International has announced three executive promotions. Kenneth Armstrong has been named v.p./environmental, health, and safety; Tracy Crandall, v.p., associate general counsel...
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