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October 20, 2014
PPG Industries says that it has expanded its application support center (ASC) for Central Europe at Hamburg. The Hamburg ASC will now provide premixed and frozen sealants and Semkit...
http://www.chemweek.com/people_and_business/companies/PPG-expands-aerospace-sealants-capacity-in-Germany_64605.html
October 17, 2014
Nova Chemicals said today that it intends to sell $500 million of senior notes due 2025 in a private offering....
http://www.chemweek.com/people_and_business/companies/Nova-plans-$500-million-bond-offering_64594.html
October 17, 2014
Chemtura will increase capacity for its Naugalube alkylated diphenyl amine (ADPA) liquid antioxidants at three sites “to prevent predicted future shortages of antioxidants in the...
http://www.chemweek.com/people_and_business/companies/Chemtura-to-expand-ADPA-antioxidant-capacity-at-three-sites_64580.html
October 16, 2014
FMC has named K. Kyle Matthews v.p./human resources (HR) and a member of the company's executive committee, effective 27 October. Matthews recently served as senior v.p./HR for...
http://www.chemweek.com/people_and_business/companies/FMC-names-human-resources-head_64558.html
October 16, 2014
PPG Industries today reported stronger third-quarter net income, with growth across most business segments and regions. Net income of $377 million grew 84% year-on-year (YOY) on sales up 4% YOY, to $3.9 billion. Adjusted earnings per share of $2.82/share were above analyst estimates of $2.75/share, as reported by Thomson Reuters (New York). Adjusted net income, excluding nonrecurring items, was $394 million, up 17% YOY....
http://www.chemweek.com/people_and_business/companies/PPG-reports-adjusted-earnings-up-17-percent_64557.html
October 15, 2014
Fragrances and flavors group Symrise (Holzminden, Germany) has today officially launched a legal subsidiary in Lagos, strengthening its position in Africa. The location will include...
http://www.chemweek.com/people_and_business/companies/Symrise-founds-subsidiary-in-Nigeria-strengthens-position-in-Africa_64526.html
October 15, 2014
Evonik Industries today opened a production plant in São Paulo State, Brazil, to make ingredients for customers in the cosmetics and consumer goods industries. The plant has the...
http://www.chemweek.com/people_and_business/companies/Evonik-opens-plant-for-cosmetics-and-consumer-goods-in-Brazil_64527.html
October 14, 2014
KMG Chemicals (Houston), a specialty chemical maker, today announced its results for its fourth fiscal quarter, ended 31 July. The company reports a net loss of $822,000, slightly up...
http://www.chemweek.com/people_and_business/companies/KMG-Chemicals-reports-narrower-loss-in-fiscal-fourth-quarter_64499.html
October 14, 2014
FMC has signed unsecured credit agreements that will provide access to as much as $3.5 billion to help fund its $1.8-billion acquisition of agricultural chemicals maker Cheminova (Harboøre, Denmark). FMC’s acquistion of Cheminova is expected to close in early 2015....
http://www.chemweek.com/people_and_business/companies/FMC-completes-credit-agreements-for-$3-5-billion-to-fund-Cheminova-purchase_64497.html
October 13, 2014
Yara International says it has appointed Thor Giæver acting CFO. Giæver had been head of investor relations and company secretary at Yara since 2011. Giæver's...
http://www.chemweek.com/people_and_business/companies/Yara-appoints-acting-CFO_64472.html
October 13, 2014
An Ineos upstream subsidiary has agreed to acquire an 80% interest in a petroleum exploration and development license in the Midland Valley, Scotland, UK, from Reach Coal Seam Gas Ltd...
http://www.chemweek.com/people_and_business/companies/Ineos-acquires-majority-interest-in-second-UK-shale-gas-license_64471.html
October 10, 2014
Spot ethylene deals were concluded in Europe as high as €985/m.t. del. ($1,254/m.t.) on Wednesday, following Shell's force majeure declaration ethylene after an incident...
http://www.chemweek.com/people_and_business/companies/Ethylene-spot-up-in-Europe-on-the-back-of-Shell-Moerdijk-force-majeure_64459.html
October 10, 2014
Mosaic has named Floris Bielders general manager/Brazil, effective 15 October. Bielders was also recently named v.p./international distribution. In his new role, he will lead the...
http://www.chemweek.com/people_and_business/companies/Mosaic-announces-regional-leadership-changes_64456.html
October 10, 2014
Givaudan (Geneva), a leading flavors and fragrances company, says its sales reached 1.12 billion Swiss francs ($1.18 billion) in the third quarter of 2014 compared with SF1.09 billion...
http://www.chemweek.com/people_and_business/companies/Givaudan-reports-increase-in-sales-in-third-quarter-and-first-nine-months-sustained-volume-growth-in-all-markets_64448.html
October 8, 2014
RPM today reported fiscal first-quarter net income down 3.9% year-on-year (YOY), to $99.1 million, on sales up 3.4%, to $1.2 billion. Earnings totaled 73 cts/share, down 5.2% YOY and...
http://www.chemweek.com/people_and_business/companies/RPM-earnings-fall-3-9-percent_64340.html
October 8, 2014
The board of SGL Group (Wiesbaden, Germany) today announced restructuring plans, including closing unprofitable units. Distinct key performance indicators will define the future...
http://www.chemweek.com/people_and_business/companies/SGL-announces-restructuring-capital-increase-closure-of-unprofitable-units_64095.html
October 8, 2014
A steam leak this morning at Shell's Moerdijk, Netherlands facility has impacted operations at the site. The leak has since been resolved, the company says. "However, the effects...
http://www.chemweek.com/people_and_business/companies/Leak-at-Shell-Moerdijk-impacts-operations-styrene-prices-inch-upward_64240.html
October 8, 2014
Saras Group (Sarroch, Italy) has reached a preliminary agreement to acquire certain downstream processing units and related personnel at Versalis's plant at Sarroch. Financial...
http://www.chemweek.com/people_and_business/companies/Saras-to-acquire-Versalis-assets-in-Sardinia_64290.html
October 8, 2014
BASF announced today that it is teaming up with Colorcon (Harleysville, PA) to release a coating polymer, Kollicoat IR, for Colorcon’s formulated ready-to-use coatings...
http://www.chemweek.com/people_and_business/companies/BASF-collaborates-with-Colorcon-on-pharma-coatings_64338.html
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