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October 28, 2015
Linde has reported Ebit of €3.14 billion ($3.47 billion) in the first nine months of this year, compared with €2.90 billion in the corresponding period a year ago, an...
http://www.chemweek.com/people_and_business/companies/Linde-posts-increase-in-profit-sales-in-first-nine-months_74720.html
October 28, 2015
Westlake Chemical Partners (Houston) has declared a distribution of 29.94 cts/share, an increase of 2.89% over the second-quarter distribution. The distribution is the fifth since the company’s initial public offering closed on 4 August, 2014....
http://www.chemweek.com/people_and_business/companies/Westlake-Chemical-Partners-declares-third-quarter-distribution_74754.html
October 28, 2015
Lubricants maker Quaker Chemical has reported net income down 8.3% year-on-year (YOY), to $14.4 million, or $1.08/share, on net sales down 5%, to $189.2 million. Results declined...
http://www.chemweek.com/people_and_business/companies/Quaker-Chemical-earnings-fall-on-currency-impacts_74756.html
October 28, 2015
Air Products announced today it has signed a long-term helium supply contract with RasGas, to offtake helium from RasGas’ under-construction Helium 3 facility, which will come...
http://www.chemweek.com/people_and_business/companies/Air-Products-signs-helium-supply-deal-with-RasGas_74752.html
October 28, 2015
AkzoNobel is tilting its focus toward continuous improvement and organic growth, having accomplished the bulk of a heavy restructuring that the company launched in 2012, says CEO Ton...
http://www.chemweek.com/people_and_business/companies/AkzoNobel-targets-organic-growth-continuous-improvement_74736.html
October 28, 2015
Dow Corning today announced third quarter net income down 59% year-on-year (YOY), to $72 million, while sales declined 9%, to $1.39 billion. Adjusted net income, excluding a fair value...
http://www.chemweek.com/people_and_business/companies/Dow-Corning-results-down-on-strong-dollar-Hemlock-order-patterns_74735.html
October 28, 2015
Private equity firm Apollo Management (New York) has closed its acquisition of OM Group’s magnetic technologies, advanced organics and batteries businesses. As part of the...
http://www.chemweek.com/people_and_business/companies/OM-Group-sale-to-Apollo-Platform-closes-Apollo-names-new-CEO_74733.html
October 28, 2015
Axalta today reported a third-quarter net profit of $35.1 million, compared with a loss of $19.9 million in the year-ago quarter. Sales were down 9.8% year-on-year (YOY), to $1.0...
http://www.chemweek.com/people_and_business/companies/Axalta-results-hit-by-strong-dollar_74731.html
October 28, 2015
Paint coatings company Tikkurila (Helsinki) says it has concluded negotiations with all of its 600 employees in Finland. The negotiations, which began in September, will result in the...
http://www.chemweek.com/people_and_business/companies/Tikkurila-to-axe-41-jobs-in-Finland-fewer-than-originally-expected_74724.html
October 28, 2015
US Patent and Trademark Office has awarded BioConsortia a patent for its advanced microbial selection (AMS) technology, which aims to enhance plant phenotypes and increase crop yields...
http://www.chemweek.com/people_and_business/companies/BioConsortia-granted-patent-for-AMS-technology_74705.html
October 27, 2015
Private equity firm Arsenal Capital has named former Citadel Plastics CEO Michael Huff as its twelfth operating partner. Huff was CEO of Citadel Plastics for five years until the...
http://www.chemweek.com/people_and_business/companies/Arsenal-names-former-Citadel-Plastics-CEO-as-operating-partner_74709.html
October 27, 2015
PolyOne has reported net income up 36% year-on-year (YOY), to $44.5 million, or 50 cts/share, on sales down 12%, to $841.6 million. Adjusted earnings rose 10% YOY, to 54 cts/share...
http://www.chemweek.com/people_and_business/companies/PolyOne-beats-estimates-despite-lower-sales_74692.html
October 27, 2015
Airgas reports  net income of $98 million for the quarter ended 30 September, down 0.2% year-on-year (YOY), citing challenges in the energy and chemical and manufacturing and...
http://www.chemweek.com/people_and_business/companies/Airgas-beats-estimates-net-income-down_74688.html
October 27, 2015
AkzoNobel has issued financial guidance for 2016–18. The company is targeting a return on sales (ROS) of 9–11% and a return on investment (ROI) of 13–17% for that...
http://www.chemweek.com/people_and_business/companies/AkzoNobel-issues-guidance-for-2016-18_74683.html
October 27, 2015
Platform Specialty Products (West Palm Beach, FL) says that Daniel Leever, its president, vice chairman, and CEO, will retire as soon as “a suitable successor has been...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-Products-CEO-to-step-down-update_74649.html
October 26, 2015
Hallstar has acquired Fortinbrás (Jaguariúna, São Paulo, Brazil), expanding its presence in Brazil and Latin America. Hallstar and Fortinbrás...
http://www.chemweek.com/people_and_business/companies/Hallstar-acquires-Brazil-based-Fortinbras_74651.html
October 26, 2015
Air Products says it is spending $350–400 million to build a steam methane reformer (SMR), to produce hydrogen and carbon monoxide at Baytown, TX. The facility will be connected...
http://www.chemweek.com/people_and_business/companies/Air-Products-to-build-hydrogen-facility-in-Texas_74650.html
October 26, 2015
Kemira (Helsinki) has announced sales of €625.1 million ($704.2 million) in the third quarter of 2015 compared with sales of €541.5 million in third-quarter 2014, an increase...
http://www.chemweek.com/people_and_business/companies/Kemira-reports-double-digit-increases-in-sales-profit-in-third-quarter-update_74623.html
October 23, 2015
Calgon Carbon today has announced changes to its leadership and reporting structure, effective 1 January 2016. The company will be organized in two reporting segments: advanced...
http://www.chemweek.com/people_and_business/companies/Calgon-Carbon-shuffles-leadership-segments_74642.html
October 23, 2015
Minerals Technologies (MTI) has reported third-quarter net income down 21% year-on-year (YOY), to $29.2 million, on net sales down 17%, to $451.0 million. Results were hit by the...
http://www.chemweek.com/people_and_business/companies/MTI-net-income-falls-on-soft-demand-strong-dollar_74633.html
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