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May 1, 2015
KMG Chemicals said today it has completed the acquisition of Valves Incorporate of Texas (Val-Tex; Houston), which was announced in early April, for $23.7 million in cash plus 606,875...
http://www.chemweek.com/people_and_business/companies/KMG-completes-Val-Tex-acquisition_70024.html
April 30, 2015
DuPont and textile company Kolon Industries (Gyeonggi-Do, South Korea) today reached an agreement settling a legal dispute over Kolon’s alleged infringement of DuPont’s...
http://www.chemweek.com/people_and_business/companies/DuPont-Kolon-settle-Kevlar-trade-secrets-case_70001.html
April 30, 2015
Westlake Chemical Partners (Westlake Partners; Houston) has acquired approximately 2.7% of additional limited partner interest in Westlake Chemical OpCo (OpCo) for approximately $135...
http://www.chemweek.com/people_and_business/companies/Westlake-Partners-increases-interest-in-cracker-pipeline-affiliate-establishes-credit-facility_69970.html
April 30, 2015
Quaker Chemical has announced net sales of $181.3 million in first-quarter 2015 compared with $181.7 million in first-quarter 2014. Year-on-year (YOY) volume growth, including...
http://www.chemweek.com/people_and_business/companies/Quaker-Chemical-volumes-grow-but-sales-Ebitda-fall-on-foreign-currency-effects_69966.html
April 30, 2015
Trecora Resources (Sugar Land, TX) has announced revenue of $55.1 million in first-quarter 2015, compared with $64.1 million in the year-ago quarter, a decrease of 14% year-on-year...
http://www.chemweek.com/people_and_business/companies/Trecora-Resources-reports-improved-profitability-on-lower-sales-in-first-quarter_69974.html
April 30, 2015
OM Group has reported a first-quarter net loss of $11.0 million, or 36 cts/share compared with a profit of $5.2 million in the year-ago quarter. Sales declined 5.3% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/companies/OM-Group-swings-to-loss-on-restructuring-charges_69988.html
April 30, 2015
Proxy advisory firm Glass Lewis (San Francisco) has backed Trian founder and CEO Nelson Peltz in his bid for a seat on DuPont’s board of directors. Trian, which owns a...
http://www.chemweek.com/people_and_business/companies/Glass-Lewis-backs-Peltz-in-bid-for-DuPont-board-seat_69985.html
April 30, 2015
Airgas today reported fiscal fourth-quarter net earnings down 0.8% year-on-year (YOY), to $87.7 million, on sales up 2.4%, to $1.30 billion. Adjusted earnings totaled $1.15/share...
http://www.chemweek.com/people_and_business/companies/Airgas-earnings-meet-reduced-guidance_69982.html
April 30, 2015
PotashCorp reports net income up 8.8% year-on-year (YOY), to $370 million, but lowered its full-year outlook as results did not meet expectations and higher provincial potash taxes are...
http://www.chemweek.com/people_and_business/companies/PotashCorp-misses-estimates-lowers-outlook_69981.html
April 30, 2015
SGL Group (Wiesbaden, Germany), a manufacturer of carbon-based products and materials, has reported a large year-on-year (YOY) increase in Ebitda before non-recurring items and a small...
http://www.chemweek.com/people_and_business/companies/SGL-announces-increase-in-profit-on-slightly-lower-sales_69932.html
April 29, 2015
Ashland today reported fiscal second-quarter earnings from continuing operations of $95 million, or $1.39/share, compared with a loss of $61 million in the year-ago quarter. Sales...
http://www.chemweek.com/people_and_business/companies/Ashland-earnings-rise-on-higher-margins_69952.html
April 29, 2015
Ferro announced today it has agreed to acquire Nubiola Pigmentos (Barcelona), a maker of specialty inorganic pigments, for €146 million ($162.3 million). Nubiola is the...
http://www.chemweek.com/people_and_business/companies/Ferro-to-acquire-Spanish-pigments-firm_69950.html
April 29, 2015
Ferro today reported first-quarter net income down 36% year-on-year (YOY), to $11.0 million, on net sales down 6.4%, to $262.8 million. Adjusted earnings, which exclude results in from...
http://www.chemweek.com/people_and_business/companies/Ferro-beats-estimates-despite-lower-sales_69951.html
April 29, 2015
Chemtura today reported first-quarter earnings of $21 million, more than double the year-ago quarter, on sales down 21% year-on-year (YOY), to $438 million. On a managed basis...
http://www.chemweek.com/people_and_business/companies/Chemtura-beats-estimates-on-lower-costs-higher-selling-prices_69949.html
April 29, 2015
Avery Dennison today reported first-quarter net income up 1% year-on-year (YOY), to $71.6 million, on sales down 1%, to $1.53 billion. Adjusted net income from continuing operations...
http://www.chemweek.com/people_and_business/companies/Avery-Dennison-beats-estimates-despite-lower-sales_69930.html
April 29, 2015
Activist hedge fund Trian management today released a letter to DuPont shareholders praising a report put out by the Institute for Shareholder Services (ISS; Rockville, MD) on Monday...
http://www.chemweek.com/people_and_business/companies/Trian-praises-ISS-recommendations-on-DuPont_69943.html
April 29, 2015
Freeport LNG Expansion (Freeport LNG) today announced that its subsidiary FLNG Liquefaction 3 has successfully closed the financing required for constructing the third train of its...
http://www.chemweek.com/people_and_business/companies/Freeport-LNG-closes-financing-starts-constructing-third-liquefaction-train_69923.html
April 29, 2015
Bayer CropScience has announced Healthy Hives 2020, the aims of which are to improve the health of honeybee colonies in the United States in the next five years, the company says. The...
http://www.chemweek.com/people_and_business/companies/Bayer-CropScience-launches-honeybee-health-initiative_69922.html
April 29, 2015
Cepsa (Madrid) plans to have its new phenol plant at Shanghai running at full capacity by May, the company says. It has a design capacity of 250,000 m.t./year of phenol; 150,000...
http://www.chemweek.com/people_and_business/companies/Cepsa-expects-new-Chinese-phenol-plant-to-hit-full-output-by-May_69909.html
April 28, 2015
Croda International says it has broken ground on a £120m ($170 million) plant at its New Castle, DE facility that will be designed to produce non-ionic surfactants from renewable...
http://www.chemweek.com/people_and_business/companies/Croda-breaks-ground-on-Delaware-surfactants-plant_69905.html
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