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June 1, 2015
Six major oil and gas companies have called on governments and on the United Nations framework convention on climate change (UNFCCC) to introduce pricing systems for carbon, where they...
http://www.chemweek.com/people_and_business/companies/Oil-and-gas-majors-call-for-carbon-pricing_70871.html
June 1, 2015
A strike that disrupted production of bromine and potash at Israel Chemicals Ltd. (ICL; Tel Aviv) for more than three months has ended with agreement on an efficiency program that...
http://www.chemweek.com/people_and_business/companies/Strike-at-ICL-ends-with-deal-on-job-cuts-efficiency-measures_70869.html
June 1, 2015
Recipharm (Jordbro, Sweden), a contract development and manufacturing organization that produces pharmaceuticals and active pharmaceutical ingredients, says it has appointed...
http://www.chemweek.com/people_and_business/companies/Recipharm-appoints-chief-strategy-officer_70867.html
June 1, 2015
Bayer announced on Monday that the new name of its MaterialScience business will be Covestro, effective 1 September 2015. Bayer intends to float Covestro on the stock market by...
http://www.chemweek.com/people_and_business/companies/Covestro-is-the-new-name-of-Bayer-MaterialScience_70865.html
May 29, 2015
Credit rating agency Moody’s Investor Service (New York) has downgraded its rating for DuPont, to ‘A3’ from ‘A2.’ The downgrade comes after an extended...
http://www.chemweek.com/people_and_business/companies/Moodys-downgrades-DuPont-credit-rating_70853.html
May 29, 2015
Arkema has named Richard Rowe to the post of CEO/North America, effective 1 July. Rowe replaces Bernard Roche, CEO/North America since 2008, who is retiring after over four decades...
http://www.chemweek.com/people_and_business/companies/Arkema-names-new-North-America-CEO_70841.html
May 29, 2015
Ostchem, a Group DF (Kyiv) subsidiary, has halted production at its nitrogen fertilizer plants Cherkasy Azot in Cherkaska Oblast, Ukraine; and Rivne Azot in Rivnenska Oblast, Ukraine...
http://www.chemweek.com/people_and_business/companies/Ukraine-firm-halts-production-at-two-more-fertilizer-plants-citing-political-pressure_70830.html
May 29, 2015
JX Nippon Oil & Energy (Tokyo) said a fire broke out at its oil refinery at Kashima today at about 1.50pm local time, the company says, resulting in an emergency shutdown . The...
http://www.chemweek.com/people_and_business/companies/JX-Nippon-shuts-Kashima-oil-refinery-after-afternoon-fire-strikes_70832.html
May 28, 2015
Airgas has launched a $500 million share buyback program, without a closing date. The company will buy back shares from time to time on the open market, it says. Airgas has about 75.5...
http://www.chemweek.com/people_and_business/companies/Airgas-launches-stock-buyback_70750.html
May 27, 2015
Valspar has reported fiscal second-quarter net income up 5% year-on-year (YOY), to $90.3 million, on net sales down 7%, to $1.08 billion. Adjusted earnings totaled $1.11/share...
http://www.chemweek.com/people_and_business/companies/Valspar-beats-estimates-but-sales-fall-on-currency-loss-of-customer_70712.html
May 22, 2015
The committee of independent companies of Germany’s chemical trade association VCI (Frankfurt) has proposed a so-called Mittelstandsmemorandum on TTIP, the Transatlantic Trade...
http://www.chemweek.com/people_and_business/companies/VCI-calls-on-the-Mittelstand-to-support-TTIP_70636.html
May 21, 2015
ChromaDex (Irvine, CA), a company that provides proprietary ingredients to various industries, announced today it has entered into an exclusive worldwide license and supply agreement...
http://www.chemweek.com/people_and_business/companies/ChromaDex-announces-licensing-agreement-for-anthocyanin-rich-purple-corn_70560.html
May 20, 2015
Trian Fund Management (New York) founder and CEO Nelson Peltz won about 43% of the vote in last week’s DuPont board election, according to preliminary results released yesterday...
http://www.chemweek.com/people_and_business/companies/Peltz-won-north-of-40-percent-of-vote-in-DuPont-board-fight_70546.html
May 20, 2015
Petróleos Mexicanos (Pemex) is seeking to focus on more profitable areas such as crude oil exploration and production (E&P) activities and the company does not exclude the...
http://www.chemweek.com/people_and_business/companies/Report-Pemex-mulls-sale-of-refining-petrochemical-assets_70528.html
May 20, 2015
Perstorp's state-of-the-art oxo alcohols plant at Stenungsund, Sweden. Perstorp has officially opened the Valerox plant, a new state-of-the-art oxo-alcohols production unit at...
http://www.chemweek.com/people_and_business/companies/Perstorp-inaugurates-major-oxo-alcohol-plant-in-Sweden_70518.html
May 19, 2015
Oxea (Oberhausen, Germany) has launched a short-chain fatty alcohol product, n-nonanol. Oxea says its structure is almost completely linear, making the product “a potent and cost-effective alternative” to natural fatty alcohols derived from palm oil or coconut oil....
http://www.chemweek.com/people_and_business/companies/Oxea-launches-short-chain-fatty-alcohol_70495.html
May 19, 2015
Solvay has formed a 50-50 joint venture with Enirgi Chemicals (Toronto), a diversified industrials and chemicals company, to produce sodium bicarbonate materials for industrial...
http://www.chemweek.com/people_and_business/companies/Solvay-forms-sodium-bicarbonate-JV-for-air-pollution-applications_70496.html
May 18, 2015
Private equity firm Arsenal Capital (New York) has announced it is selling Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-to-sell-Royal-Adhesives-to-American-Securities_69843.html
May 18, 2015
Paints and coatings company Tikkurila (Helsinki) says revenue in the first three months of 2015 was €133.2 million ($148.5 million), down 5.8% year-on-year (YOY) compared with...
http://www.chemweek.com/people_and_business/companies/Tikkurila-reports-lower-sales-but-strong-profitability-in-first-quarter_70056.html
May 18, 2015
Fragrances and flavors firm Symrise (Holzminden, Germany) today reported its first-quarter 2015 financial results, with sales leaping by 42% year-on-year (YOY), to €668.0 million...
http://www.chemweek.com/people_and_business/companies/Symrise-makes-strong-start-to-2015-reports-double-digit-growth-in-sales-profit_70077.html
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