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July 24, 2015
Sensient Technologies (Milwaukee) has reported lower sales and operating income in the second quarter of this year compared with the corresponding period a year ago. Revenue in...
http://www.chemweek.com/people_and_business/companies/Sensient-reports-leap-in-adjusted-income-on-lower-sales-in-second-quarter_72415.html
July 24, 2015
Synthetic rubber maker Synthos (Oswiecim, Poland) and Poland’s National Centre for Research and Development (NCBR) say they have signed a joint venture agreement under which they...
http://www.chemweek.com/people_and_business/companies/Synthos-and-Polands-national-R-and-D-center-sign-JV-for-innovation_72418.html
July 23, 2015
Molycorp today said it has received court approval for $130 million in debtor-in-possession (DIP) financing from Oaktree Capital Management (New York). The approval represents a larger...
http://www.chemweek.com/people_and_business/companies/Molycorp-receives-larger-DIP-financing-approval_72398.html
July 23, 2015
Recipharm (Jordbro, Sweden), a contract development and manufacturing organization, says that its net sales in second-quarter 2015 were 868 million Swedish kroner ($101.2 million)...
http://www.chemweek.com/people_and_business/companies/Recipahrm-sales-profit-increase-by-double-digits-in-second-quarter-and-first-half_72388.html
July 23, 2015
3M today reported second-quarter net income that was up 2.6% year-on-year (YOY), at $1.30 billion, on sales down 5.5%, to $7.69 billion. Earnings totaled $2.02/share, slightly ahead of...
http://www.chemweek.com/people_and_business/companies/3M-earnings-rise-despite-sales-decline-industrial-segment-down_72397.html
July 22, 2015
Stepan Wednesday reported second quarter net income down 31% year-on-year (YOY), to $16.9 million, or $1.67/share, on net sales down 10%, to $452.4 million. Adjusted net income totaled...
http://www.chemweek.com/people_and_business/companies/Stepan-falls-short-of-estimates-on-currency-impacts_72367.html
July 22, 2015
Shaoxing Yuandong Petrochemical (Shaoxing, China) has filed for liquidation. The company says it lacks the ability to repay debt due for repayment. The company held a provisional...
http://www.chemweek.com/people_and_business/companies/China-PTA-company-files-for-liquidation_72359.html
July 22, 2015
The board of Petrobras (Rio de Janeiro) has confirmed that the company is considering "strategic alternatives" for its wholly owned fuel-distribution subsidiary, Petrobras...
http://www.chemweek.com/people_and_business/companies/Petrobras-confirms-it-is-considering-options-for-fuel-distribution-unit_72356.html
July 22, 2015
Petrobras (Rio de Janeiro) has confirmed that an internal investigation committee has found irregularities in the approval process of a July 2009 contract to provide Braskem...
http://www.chemweek.com/people_and_business/companies/Petrobras-internal-investigation-finds-irregularities-in-2009-naphtha-contract-with-Braskem_72355.html
July 22, 2015
Lonza reports a 2.5% increase in net profit for the first half of 2015 compared with the same period last year, to 166 million Swiss francs, on sales up 5.8%, to SF1.9 billion...
http://www.chemweek.com/people_and_business/companies/Lonzas-earnings-sales-rise-on-restructuring-firm-demand-more-job-cuts-planned-at-Swiss-site_72354.html
July 22, 2015
Evonik Industries has inaugurated a business and innovation center in the area of Richmond, VA. The center will combine R&D, marketing, sales, customer service, and various support...
http://www.chemweek.com/people_and_business/companies/Evonik-opens-$15-4-million-business-and-innovation-center-in-Virginia_72351.html
July 22, 2015
Global Bioenergies' (Evry, France) biobased isobutene process is now adapted for the use of sucrose, the main component of sugar cane and sugar beet. Global Bioenergies’...
http://www.chemweek.com/people_and_business/companies/Global-Bioenergies-adapts-biobased-isobutene-process-to-use-sugarcane-and-sugar-beet_72337.html
July 20, 2015
Renewable chemicals firm Genomatica (San Diego) has announced that has entered into a collaboration agreement with Cargill to “accelerate the production of renewable chemicals...
http://www.chemweek.com/people_and_business/companies/Genomatica-signs-collaboration-agreement-with-Cargill_72311.html
July 20, 2015
Hanwha Chemical (Seoul) has merged its Hanwha Compound and Hanwha Next subsidiaries under the Hanwha Compound business, according to local news reports. The combined entity will...
http://www.chemweek.com/people_and_business/companies/Reports-Hanwha-Chemical-merges-compound-business-units_72308.html
July 20, 2015
GFBiochemicals (Milan) announced at the BIO World Congress on Industrial Biotechnology, at Montreal that it has started commercially producing levulinic acid (4-oxopentanoic acid) at...
http://www.chemweek.com/people_and_business/companies/GFBiochemicals-starts-commercially-producing-levulinic-acid-from-biomass_72307.html
July 17, 2015

Celanese reports second-quarter net earnings of $201 million, down 28% year-on-year (YOY) from $258 million. Sales totaled $1.48 billion, down 20% YOY from $1.77 billion. Adjusted earnings of $1.58/share easily beat the analysts’ consensus estimate of $1.42/share compiled by Thomson Reuters (New York).

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http://www.chemweek.com/people_and_business/companies/Celanese-earnings-beat-estimates_72283.html
July 17, 2015
Ineos is relocating many of its corporate functions back to the United Kingdom from Switzerland, says chairman Jim Ratcliffe in an interview that appears today in the London Evening...
http://www.chemweek.com/people_and_business/companies/Ineos-to-relocate-corporate-functions-back-to-the-UK_72231.html
July 15, 2015
Ingevity will be the new name of MWV Specialty Chemicals, effective 1 September. The business is expected to be spun off from WestRock, the name of the combined MeadWestvaco and...
http://www.chemweek.com/people_and_business/companies/MWV-Specialty-Chemicals-renamed-Ingevity_72162.html
July 14, 2015
Albemarle will cease production of n-butyllithium at New Johnsonville, TN, by the first quarter of 2016 and shift production to existing plants in Germany and Taiwan. The New Johnsonville facility will continue to manufacture some specialty lithium products, says the company. The facility will support blending operations for customers in North America....
http://www.chemweek.com/people_and_business/companies/Albemarle-to-consolidate-butyllithium-production-in-Germany-Taiwan_72122.html
July 13, 2015
Vopak has received a nonbinding offer for all of its UK assets, the company announced Monday. Vopak has also confirmed that, based on this interest, exploratory meetings are currently...
http://www.chemweek.com/people_and_business/companies/Vopak-receives-nonbinding-offer-for-its-UK-assets_72105.html
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