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September 3, 2015
Paints and coatings company Tikkurila (Helsinki) has announced that it plans to eliminate up to 100 jobs. The company says that it will start statutory negotiations with all of its...
September 3, 2015
Sinopec and Sibur (Moscow) have entered into a framework investment agreement under which Sinopec will acquire a stake in Sibur. The agreement was signed during Russian president...
September 3, 2015
LSB Industries has announced president and CEO Barry Golsen has stepped down, effective immediately, after 38 years with the company. Golsen will be replaced by Daniel Greenwell...
September 2, 2015
Senior executives and directors of FMC have recently purchased about $4.5 million worth of common stock in the company, FMC says. Chairman and CEO Pierre Brondeau purchased 49,909...
September 1, 2015
Chemours has set a fourth-quarter dividend of 3 cts/share, roughly 95% below the 55-ct/share third-quarter dividend assigned by DuPont. This is the first dividend declared by Chemours...
September 1, 2015
Ashland has completed its acquisition of cellular fraction isolation technology, called Zeta Fraction, from AzkoNobel, in a deal that was announced in July. Terms of the transaction...
September 8, 2015
Flavors and fragrances manufacturer Givaudan (Vernier, Switzerland) says it has acquired 100% of the shares of Induchem Holding (Volketswil, Switzerland) and its subsidiaries...
August 31, 2015
Axalta announced Monday that it has signed a contract to supply industrial and architectural coatings to structures along the Panama Canal. The structures include buildings and locks...
August 31, 2015
Evonik Industries has started up plants for C4-based products at its Marl, Germany, site, part of a three-digit million-euro investment for these products in Europe. The plants were...
August 31, 2015
Corbion (Gorinchem, Netherlands) and Perstorp (Perstorp, Sweden) have announced a lactide-caprolactone copolymer for hot melt adhesives. The new copolymer is the result of a long-term...
August 28, 2015
Swiss flavors and fragrances manufacturer Givaudan has slightly trimmed its five-year organic sales growth target to 4–5%/year in 2015–20, down from the previous...
August 26, 2015
Molycorp will suspend production at its Mountain Pass, CA rare earths facility by 20 October, the company says. The facility will go into “care and maintenance mode,” with...
August 25, 2015
Valspar on Tuesday reported fiscal third-quarter net income up 5.2% year-on-year (YOY), to $102.9 million, on sales down 6.5%, to $1.15 billion. Adjusted earnings totaled $1.33/share...
August 25, 2015
Albemarle is planning to move its corporate headquarters and performance chemicals business operations to Charlotte, NC, from Baton Rouge, LA, as of June 2016. The company’s...
August 25, 2015
DSM has announced adjustments to its organizational and operating model, which it says have the objective of “creating a more agile, focused, and cost-efficient organization with...
August 25, 2015
Lenzing (Lenzing, Austria), a producer of man-made cellulosic fibers, has announced sales of €955.4 million ($1.10 billion) in the first half of 2015 compared with sales of...
August 25, 2015
Westlake Chemical (Houston) says its board has voted to increase the quarterly dividend by 10%, to 18.15 cts/share. The dividend will be paid on 22 September....
August 24, 2015
Composite materials supplier Gurit (Zurich) on Monday reported sales of 178 million Swiss francs ($187.9 million) in the first half of this year compared with SF167 million in the...
August 20, 2015
Chemours will close its Edgemoor, DE, titanium dioxide (TiO2) plant by the end of September. The company also plans to shut a TiO2 line at its New Johnsonville, TN, site. The closures will eliminate roughly 150,000 m.t./year of TiO2 capacity as the company nears completing a 200,000-m.t./year unit at Altamira, Mexico....
August 20, 2015
PPG Industries plans to acquire the remaining stake in Chemfil Canada (Windsor, ON), a joint venture between PPG and Madinal Enterprises. Terms of the deal were not disclosed. Chemfil...
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