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January 27, 2015
Matrica (Novara, Italy), a 50-50 joint venture between Novamont (Novara) and Versalis (Milan), has signed an agreement with  Coldiretti (Roma) and Consorzi Agrari d’Italia...
http://www.chemweek.com/people_and_business/companies/Matrica-signs-agroindustrial-supply-chain-agreement_67238.html
January 26, 2015
Ashland today reported fiscal first-quarter net income from continuing operations down 55% year-on-year (YOY), to $40 million, or 57 cts/share, on sales that were roughly flat at $1.4...
http://www.chemweek.com/people_and_business/companies/Ashland-earnings-fall-on-elastomers-sale-charge-but-beat-estimates_67226.html
January 26, 2015
The Swiss National Bank’s (Bern) recent decision to remove the peg between the Swiss franc and the euro—resulting in a rapid strengthening in the Swiss currency’s...
http://www.chemweek.com/people_and_business/companies/Moodys-Removal-of-cap-on-Swiss-franc-will-hurt-Switzerland-based-chemical-firms-earnings_67223.html
January 26, 2015
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) began a planned 29-day maintenance turnaround at the company's Sohar, Oman, refinery late yesterday, according to a...
http://www.chemweek.com/people_and_business/companies/Report-Orpic-starts-29-day-turnaround-at-Sohar-refinery_67211.html
January 26, 2015
Phosphate fertilizer producer MBAC Fertilizer (Toronto) has put its Itafós Arraias, Brazil, operations into minimum production mode to conserve working capital because now is...
http://www.chemweek.com/people_and_business/companies/Brazil-fertilizer-producer-ponders-mothballing-operations-partnering-or-divesting-assets_67204.html
January 23, 2015
Hardide Coatings (Bicester, UK), a maker of industrial surface coatings, is investing $7.0 million to build a new plant at an enterprise zone in Martinsville, VA. The company has...
http://www.chemweek.com/people_and_business/companies/Hardide-Coatings-to-build-plant-in-Virginia_67174.html
January 22, 2015
China American Petrochemical Co. (Capco), a joint venture between BP and CPC Corp. (Taipei), has announced that it will decommission its five purified terephthalic acid (PTA) plants at...
http://www.chemweek.com/people_and_business/companies/BPs-Capco-JV-to-decommission-five-PTA-plants-in-Taiwan-close-site_67083.html
January 21, 2015
Linde has begun the process for a major overhaul of two air separation units (ASUs) in North America after renewing long-term contracts with tonnage customers.  Linde says it has...
http://www.chemweek.com/people_and_business/companies/Linde-to-upgrade-two-air-separation-units_67009.html
January 21, 2015
Cabot says it reorganizing its reporting segments, adding performance chemicals and specialty fluids to the already-existing reinforcement materials and performance solutions segments...
http://www.chemweek.com/people_and_business/companies/Cabot-to-realign-reporting-segments_67049.html
January 21, 2015
Petroleos Mexicanos (Pemex) is seeking to make annualized savings of more than 21.3 billion pesos ($1.45 billion) over the next four years by consolidating the company's supply and...
http://www.chemweek.com/people_and_business/companies/Pemex-seeks-$1-45-billion-in-savings-over-four-years_67046.html
January 21, 2015
BHP Billiton (Melbourne) reiterated today that it will increase shale liquid volumes by 50% by the end of the company's fiscal 2015 despite lowering its US rig count. Citing weaker oil...
http://www.chemweek.com/people_and_business/companies/BHP-confident-of-boosting-US-shale-production-despite-rig-cut_67024.html
January 20, 2015
Thomas Swan (Consett, UK) says it is collaborating with the Graphene Engineering Innovation Center (GEIC) at the University of Manchester in the design of a graphene research center...
http://www.chemweek.com/people_and_business/companies/Thomas-Swan-University-of-Manchester-collaborate-in-design-of-graphene-research-center_67004.html
January 20, 2015
Novozymes (Bagsvaerd, Denmark) today announced a new corporate strategy, Partnering for Impact, accompanied by a revised set of long-term financial, environmental, and social targets...
http://www.chemweek.com/people_and_business/companies/Novozymes-updates-financial-targets-for-2015-20-announces-new-strategy_66999.html
January 20, 2015
Omnova Solutions today reported fourth-quarter net income of $5.1 million, or 11 cts/share, down 35.4% year-on-year (YOY), on sales up 3.7%, to $243 million. Adjusted income from...
http://www.chemweek.com/people_and_business/companies/Omnova-earnings-decline-but-beat-estimates_67015.html
January 20, 2015
Albemarle today announced a corporate realignment in the wake of its $6.2-billion acquisition of Rockwood Holdings, which closed last week. The company will establish three global...
http://www.chemweek.com/people_and_business/companies/Albemarle-to-realign-corporate-structure-after-Rockwood-deal_67012.html
January 20, 2015
Koppers says it has reached separate deals to sell its US utility pole business to Cox Industries (Orangeburg, SC) and acquire KMG Chemical’s cresote distribution business...
http://www.chemweek.com/people_and_business/companies/Koppers-sells-utility-pole-business-acquires-KMG-cresote-business_67006.html
January 19, 2015
As long as the Boardwalk Pipeline’s Evangeline ethylene pipeline system remains down, US ethylene sources expect spot prices at the Choctaw ethylene storage hub at Plaquemine...
http://www.chemweek.com/people_and_business/companies/US-Choctaw-ethylene-prices-to-stay-above-Mont-Belvieu-with-Evangeline-Pipeline-down_66986.html
January 19, 2015
Praxair says it is changing its exchange rate to line up with the Sicad II rate of 50 bolivars to the dollar rather than government's official exchange rate of 6.3 bolivars to the...
http://www.chemweek.com/people_and_business/companies/Praxair-to-shift-exchange-rate-for-Venezuela-operations_66970.html
January 16, 2015
Quinpario Acquisition Corp. 2 has priced its initial public offering at $10/share, with the company hoping to raise $350.0 million from the offering. Quinpario is a blank-check firm...
http://www.chemweek.com/people_and_business/companies/Second-Quinpario-firm-prices-IPO_66944.html
January 15, 2015
Versalis, the chemicals subsidiary of ENI (Rome), has announced the temporary restart of the company's naphtha cracker at Porto Marghera, Italy, as part of a supply agreement with...
http://www.chemweek.com/people_and_business/companies/Versalis-confirms-restart-of-Porto-Marghera-cracker-to-supply-Shell_66850.html
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