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October 30, 2014
Evonik Industries says it increased sales in third-quarter 2014 to €3.24 billion ($4.13 billion), compared with €3.20 billion in the year-ago quarter. The company says that...
http://www.chemweek.com/people_and_business/companies/Evonik-reports-third-quarter-sales-of-$4-13-billion-up-1-percent-Ebitda-decreases-by-3-percent_64925.html
October 29, 2014
FMC today reported third-quarter earnings that more than tripled year-on-year (YOY), to $56.3 million, or 42 cts/share, on net revenues up 6%, to $1.02 billion. Excluding charges, such...
http://www.chemweek.com/people_and_business/companies/FMC-earnings-rise-but-fall-short-of-estimates_64920.html
October 29, 2014
Karlsruhe Institute of Technology (KIT; Karlsruhe, Germany) and Deutsche Nanoschicht (Rheinbach, Germany) have announced that they are to establish joint laboratory at KIT's Institute...
http://www.chemweek.com/people_and_business/companies/KIT-Deutsche-Nanoschicht-establish-joint-laboratory-for-superconducting-thin-films_64885.html
October 29, 2014
All major construction work related to the rebuild of Williams' (Tulsa, OK) damaged steam cracker at Geismar, LA—including an expansion project and safety-related equipment...
http://www.chemweek.com/people_and_business/companies/Williams-rebuilt-expanded-Louisiana-cracker-in-final-stages-of-commissioning-and-start-up_64889.html
October 29, 2014
Dow Corning, 50-50 joint venture between Dow Chemical and Corning,  reports third-quarter net income of $176 million, up 49% year-over-year (YOY). Sales were up 7% YOY, to $1.52...
http://www.chemweek.com/people_and_business/companies/Dow-Corning-reports-net-income-up-49-percent_64893.html
October 29, 2014
The Society of Chemical Industry (SCI), America section announced that the 2015 SCI Chemical Industry Medal will be awarded to Stephen Pryor, president of ExxonMobil Chemical. He will...
http://www.chemweek.com/people_and_business/companies/Pryor-of-ExxonMobil-to-receive-2015-SCI-medal_64898.html
October 29, 2014
Praxair reports third quarter net income of $477 million, up 6% year-over-year (YOY) on sales up 4% YOY, to $3.1 billion. Sales grew from higher volumes—including project...
http://www.chemweek.com/people_and_business/companies/Praxair-earnings-sales-up_64897.html
October 29, 2014
Cabot today reported fiscal fourth-quarter net income down 29.8% year-on-year (YOY), to $33 million, or 51 cts/share, on sales up 1.7%, to $911 million. Adjusted earnings totaled 85...
http://www.chemweek.com/people_and_business/companies/Cabot-beats-estimates-despite-net-income-decline_64902.html
October 29, 2014
DuPont fired back at activist investor Trian Management in a 28 October letter to shareholders, citing the benefits of maintaining DuPont’s diverse product portfolio and dismissing Trian’s proposal to split the company’s higher-growth nutrition, agriculture, and industrial biotech operations from its long-held materials segments. “[W]e know that our businesses strongly benefit from being a part of DuPont,” DuPont chair and CEO Ellen Kullman says in the letter....
http://www.chemweek.com/people_and_business/companies/DuPont-makes-its-case-against-further-break-up_64874.html
October 28, 2014
Mississippi Phosphates Corp (Pascagoula, MS), a producer of diammonium phosphate fertilizer (DAP) has filed for Chapter 11 bankruptcy protection. Two affiliates—Ammonia Tank...
http://www.chemweek.com/people_and_business/companies/Mississippi-DAP-fertilizer-producer-files-for-bankruptcy_64872.html
October 28, 2014
Chemtura today reported that it swung to a third-quarter net profit of $15 million, compared with a net loss of $44 million in the year-ago quarter, on sales down 2% year-on-year...
http://www.chemweek.com/people_and_business/companies/Chemtura-misses-estimates-launches-cost-cutting-program_64873.html
October 28, 2014
Compass Minerals reports a jump in third-quarter results, with year-on-year (YOY) net earnings rising skyrocketing to $87.9 million from $15.4 million on sales up 30% YOY, to...
http://www.chemweek.com/people_and_business/companies/Compass-Minerals-results-jump-on-insurance-settlement_64853.html
October 28, 2014
Cabot announced today that it has entered into two separate contracts to provide activiated carbon products to energy utilities in Arkansas, Louisiana, Mississippi, Missouri, and...
http://www.chemweek.com/people_and_business/companies/Cabot-to-provide-activated-carbon-to-several-US-facilities_64852.html
October 28, 2014
Packaging products maker MeadWestvaco (MWV) today reported income from continuing operations up 72% year-on-year (YOY) to $105 million, or 60 cts/share, on sales up 7%, to $1.47...
http://www.chemweek.com/people_and_business/companies/MeadWestvaco-earnings-beat-estimates-specialty-chemicals-results-improve_64860.html
October 28, 2014
Ecolab today announced third-quarter net income up 18% year-on-year (YOY), to $364.9 million, or $1.19/share, on net sales up 6%, to $3.69 billion. Adjusted net income rose 16% YOY, to...
http://www.chemweek.com/people_and_business/companies/Ecolab-earnings-rise-on-strong-energy-results_64856.html
October 27, 2014
Fertilizers and chemicals producer Grupa Azoty (Tarnów, Poland) is targeting up to 10 overseas acquisitions in an effort to diversify away from the Polish market, says company...
http://www.chemweek.com/people_and_business/companies/Report-Polands-Grupa-Azoty-plans-overseas-acquisition-spree_64818.html
October 24, 2014
DuPont has named James Collins and Matthew Trerotola as executive v.p.'s  and members of the company’s office of the chief executive, effective 1 December. The company has also announced that Thomas Connelly, executive v.p. and chief innovation officer, will retire at year end....
http://www.chemweek.com/people_and_business/companies/DuPont-names-executive-v-p-s-chief-innovation-offier-to-retire_64787.html
October 23, 2014
Sensient Technologies today reported third-quarter net earnings down 32.4% year-on-year (YOY), to $21.3 million, on sales down 1.6%, to $364.5 million. Adjusted earnings from...
http://www.chemweek.com/people_and_business/companies/Sensient-Technologies-net-earnings-decline-adjusted-earnings-beat-estimates_64771.html
October 23, 2014
Minerals Technologies (MTI) today reported net income up 69% year-on-year (YOY), to $37 million, on sales up 114%, to $543.5 million. The large increase in sales was mostly due to the...
http://www.chemweek.com/people_and_business/companies/Minerals-Technologies-earnings-beat-estimates_64770.html
October 23, 2014
PolyOne today reported third-quarter net income from continuing operations up 39.2% year-on-year (YOY), to $32.3 million, on sales down 4.3%, to $958 million. Sales fell because the...
http://www.chemweek.com/people_and_business/companies/PolyOne-earnings-rise-on-higher-sales_64766.html
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