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November 5, 2014
Agrium’s subsidiary Loveland Products has signed a definitive agreement to take an equity stake in CH Biotech R&D Co. (Taiwan), an agricultural technology company that...
http://www.chemweek.com/people_and_business/companies/Agrium-takes-equity-stake-in-plant-nutrition-research-company_65155.html
November 4, 2014
Albemarle says it is expanding capacity for production of liquid curatives at its site in Pasadena, TX. The expansion will support liquid curatives used in polyureas, urethanes and...
http://www.chemweek.com/people_and_business/companies/Albemarle-to-expand-liquid-curative-production_65109.html
November 4, 2014
Agirum announced its third-quarter earnings, showing improved results year-over-year (YOY). YOY, net income of $91 million increased 13% YOY and includes pre-tax share-based payments...
http://www.chemweek.com/people_and_business/companies/Agrium-posts-improved-third-quarter-results_65103.html
November 4, 2014
IFF today reported third-quarter net earnings up 8% year-on-year (YOY), to $107.4 million, on sales up 4%, to $773.8 million. Earnings totaled $1.32/share, matching analysts’...
http://www.chemweek.com/people_and_business/companies/IFF-earnings-rise-on-solid-fragrances-results_65107.html
November 4, 2014
SGL Group (Wiesbaden, Germany) today announced further streamline of its business organization, as part of a cost savings plan. The company says that it is reducing the number of...
http://www.chemweek.com/people_and_business/companies/SGL-reduces-business-units-from-five-to-three_65099.html
November 3, 2014
Chemtura has closed the sale of its agricultural chemical business to Platform Specialty Products for $1 billion. The deal, announced in April, leaves Chemtura focused on its...
http://www.chemweek.com/people_and_business/companies/Chemtura-closes-agchems-divestiture_65075.html
November 3, 2014
Cabot says it has opened a new lignite coal mine that will supply the company's activated carbon production at Marshall, TX. The mine, which is operated by North American Coal (Dallas)...
http://www.chemweek.com/people_and_business/companies/Cabot-opens-new-mine-for-activated-carbon-production-in-Texas_65070.html
November 3, 2014
Lanxess has declined to comment on reports in the German Rheinische Post that it is preparing to slash up to 1,200 jobs in the restructuring of its business. “We do not comment...
http://www.chemweek.com/people_and_business/companies/Lanxess-preparing-to-slash-jobs-in-major-restructuring-program_65041.html
November 3, 2014
Vertellus Specialties (Indianapolis) has acquired Pentagon Chemicals (Halebank, UK), a maker of fine and specialty chemicals for the life science market, in a deal that closed on...
http://www.chemweek.com/people_and_business/companies/Vertellus-acquires-UKs-Pentagon-Chemicals_65053.html
October 31, 2014
Mexico’s Federal Economic Competition Commission (FECC) has approved PPG’s $2.3-billion acquisition of rival paint-maker Comex, clearing the way for the deal to close in...
http://www.chemweek.com/people_and_business/companies/PPG-gains-Mexican-regulatory-approval-for-Comex-acquisition_65040.html
October 31, 2014
Chemtura is launching a “Dutch auction” share buyback offer, with authorization to purchase up to $300 million in shares of common stock at $21.50-$24.50/share. The buyback...
http://www.chemweek.com/people_and_business/companies/Chemtura-launches-"Dutch-auction"-share-buyback_65031.html
October 31, 2014
US EPA today approved a Texas state program to issue greenhouse gas (GHG) permits, eliminating the need for companies to seek air permits from federal regulatory agencies in Texas. The...
http://www.chemweek.com/people_and_business/companies/EPA-approves-Texas-GHG-permitting-program_65028.html
October 31, 2014
BASF says its BASF Venture Capital subsidiary has invested $1.5 million in SLIPS Technolgies (Cambridge, MA), part of a $3 million series A financing. Swiss entrepreneur and private...
http://www.chemweek.com/people_and_business/companies/BASF-invests-$1-5-million-in-SLIPS-Technologies-signs-joint-development-agreement_64890.html
October 31, 2014
ExxonMobil posted third-quarter chemical earnings of $1.2 billion, up 17% from same year-ago quarter quarter on stronger commodity margins. Margins increased earnings by $210 million...
http://www.chemweek.com/people_and_business/companies/ExxonMobil-Chemical-earnings-up-17-percent-on-flat-volume_65025.html
October 30, 2014
Eastman Chemical’s third-quarter net earnings fell 31%, to $212 million, due to the one-time impact of restructuring changes, Operating earnings were $427 million, up 5.4% YOY on higher advanced materials and adhesives and plasticizers earnings. Eastman says it now expects full-year earnings to “approach $7/share,” toward the higher end of previous estimates....
http://www.chemweek.com/people_and_business/companies/Eastman-earnings-fall-on-one-time-charges-full-year-outlook-remains-strong_65007.html
October 30, 2014
Tessenderlo Group (Brussels) says it sales in the third quarter 2014 were €338.7 million ($431 million), compared with €415.1 million for the corresponding period a year ago...
http://www.chemweek.com/people_and_business/companies/Tessenderlo-increases-sales-and-profit-in-third-quarter_64940.html
October 30, 2014
Sika (Baar, Switzerland) says it has achieved sales growth of 11.7% in the third quarter of 2014. All regions reported double‚Äźdigit sales increases in local currency, the company...
http://www.chemweek.com/people_and_business/companies/Sika-sales-grow-11-7-percent-in-third-quarter-with-an-above-average-rise-in-net-profit_64939.html
October 30, 2014
Air Products reports net income of $104 million, a 24% decline year-over-year (YOY) for its fiscal fourth quarter ended 30 September. Net income includes an after-tax charge of $256...
http://www.chemweek.com/people_and_business/companies/Air-Products-reports-income-decline-on-Latin-American-tax-charge_64971.html
October 30, 2014
Mosaic today reported third-quarter net earnings of $202 million, up 62% YOY. Earnings per share of 54 cts/share fell slightly below analyst estimates of 56 cts/share, according to...
http://www.chemweek.com/people_and_business/companies/Mosaic-earnings-up-on-phosphates-strength_64949.html
October 30, 2014
NewMarket today reported third-quarter net income of $56.9 million, or $4.53/share, down 27.9% year-on-year (YOY), on sales up 1.6%, to $589.7 million. Net income included results from...
http://www.chemweek.com/people_and_business/companies/NewMarket-earnings-fall-despite-sales-increase_64950.html
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