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March 20, 2015
Altana (Wesel, Germany) announced today sales of €1.95 billion ($2.09 billion) in full-year 2014 compared with sales of €1.77 billion in 2013, an increase of 11% year-on-year...
http://www.chemweek.com/people_and_business/companies/Altana-acheives-double-digit-sales-and-Ebitda-growth-in-2014_68781.html
March 20, 2015
PhosAgro (Moscow), a leading phosphate fertilizers producer, says that an extraordinary general meeting of shareholders of its PhosAgro-Cherepovets subsidiary on 19 March approved the...
http://www.chemweek.com/people_and_business/companies/PhosAgro-shareholders-approve-merging-subsidiaries_68779.html
March 19, 2015
Antioxidants maker Addivant, which is owned by private equity firm SK Capital (New York), today named John Steitz CEO. Steitz was most recently COO at PQ Corporation, and has also...
http://www.chemweek.com/people_and_business/companies/SK-Capitals-Addivant-names-John-Steitz-CEO_68638.html
March 19, 2015
PPG today completed a $40 million, 65,000-square-foot expansion of a coatings manufacturing plant at Sumare, Sao Paulo, Brazil. The plant makes resins for electrocoat products for...
http://www.chemweek.com/people_and_business/companies/PPG-completes-expansion-in-Brazil_68707.html
March 19, 2015
Shaoxing Yuandong Petrochemical (Shaoxing, China) has stopped offering purified terephthalic acid (PTA) futures on the Zhengzhou Commodity Exchange (ZCE; Zhengzhou, China), effective...
http://www.chemweek.com/people_and_business/companies/Chinese-producer-stops-offering-PTA-futures-on-commodity-exchange-due-to-suspected-bankruptcy_68688.html
March 18, 2015
Israeli crop genomics firm Evogene (Rehovot, Israel) has announced a three-year collaboration agreement with a multinational food company to improve productivity of a key crop using...
http://www.chemweek.com/people_and_business/companies/Evogene-announces-collaboration-agreement-for-improved-crop-productivity_68668.html
March 18, 2015
Platform Specialty Products today reported a fourth-quarter net loss of $266.7 million, compared with a loss of $200.1 million in the year-ago quarter. Net sales grew 47.7%...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-Products-reports-loss-on-charges_68665.html
March 18, 2015
SGL Carbon (Wiesbaden, Germany) has announced group sales of €1.34 billion ($1.42 billion) for the business year 2014, a decrease of 6% year-on-year (YOY). . Ebitda before...
http://www.chemweek.com/people_and_business/companies/SGL-announces-fall-in-sales-profit-plummets_68664.html
March 17, 2015
Composite materials supplier Gurit (Zurich) today announced its results for fiscal 2014. Net sales were 335.8 million Swiss francs ($333.8 million) compared with SF281.1 million in...
http://www.chemweek.com/people_and_business/companies/Gurit-reports-double-digit-sales-growth-profitability-leaps_68627.html
March 16, 2015
LSB Industries (Oklahoma City, OK) says it has begun a search to fill a new position on its senior management team, president of the LSB chemical business....
http://www.chemweek.com/people_and_business/companies/LSB-starts-search-for-head-of-chemical-business_68602.html
March 16, 2015
The operator of a rock removing machine at Uralkali's (Berezniki, Russia) Berezniki-4 mine died on Sunday 15 March, following an accident that took place during repair works being...
http://www.chemweek.com/people_and_business/companies/Accident-at-Uralkali-Berezniki-4-mine-results-in-one-fatality_68598.html
March 16, 2015
Linde announced today group sales of €17.0 billion ($17.8 billion) in full-year 2014 compared with €16.7 billion in 2013, an increase of 4.5% year-on-year (YOY) after...
http://www.chemweek.com/people_and_business/companies/Linde-increases-sales-despite-tough-conditions_68586.html
March 13, 2015
Canexus (Calgary) says that it has engaged a financial advisor to explore the potential sale of Canexus's chlor-alkali operation at North Vancouver, BC. The company says that it is...
http://www.chemweek.com/people_and_business/companies/Canexus-explores-sale-of-Canada-chlor-alkali-business_68559.html
March 13, 2015
One Rock Capital (New York), a private equity firm associated with Mitsubishi Corp., has purchased a stake in Compass Chemical (Smyrna, GA), a maker of organophosphates. Terms of the...
http://www.chemweek.com/people_and_business/companies/One-Rock-Capital-buys-stake-in-Compass-Chemical_68555.html
March 12, 2015
Activist hedge fund Trian Fund Management (New York) today released a letter to DuPont management commenting on fund founder and CEO Nelson Peltz’s experience on corporate...
http://www.chemweek.com/people_and_business/companies/Trian-releases-new-letter-seeks-Chemours-board-seats_68472.html
March 11, 2015
Two whistleblowers have implicated Braskem in the corruption scandal surrounding state-owned oil producer Petrobras (Rio de Janeiro), according to a report from newspaper Folha de S...
http://www.chemweek.com/people_and_business/companies/Report-Whistleblowers-implicate-Braskem-in-Petrobras-scandal_68438.html
March 10, 2015
Fuels and lubricants maker Calumet Specialty Products today priced a public unit offering at $26.75/unit. The company is selling 6 million common units in an offering expected to close...
http://www.chemweek.com/people_and_business/companies/Calumet-Specialty-Products-prices-unit-offering_68421.html
March 10, 2015
Hexion, formerly Momentive Specialty Chemicals, today reported a fourth-quarter net loss of $66 million compared with a loss of $525 million in the year-ago quarter. Sales were down 3%...
http://www.chemweek.com/people_and_business/companies/Hexion-narrows-loss-on-lower-sales_68412.html
March 10, 2015
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results for 2014, exceeding its targets and making “substantial Increases in sales...
http://www.chemweek.com/people_and_business/companies/Symrise-reports-increases-in-sales-Ebitda_68405.html
March 9, 2015
Cardia Bioplastics (Melbourne) has decided to discontinue funding of its film- and bag-making operations in Brazil. The company will instead prioritize financial resources to increase...
http://www.chemweek.com/people_and_business/companies/Cardia-Bioplastics-closes-Brazil-plant-to-focus-on-AsiaPacific_68386.html
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