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February 5, 2015
Contract manufacturing organizations (CMOs), including many fine chemical makers, are among the big beneficiaries from changes at big pharmaceutical companies, say attendees at...
http://www.chemweek.com/people_and_business/companies/Informex-2015-CMOs-benefit-from-changes-at-big-pharma_67545.html
February 5, 2015
One company, for now dubbed New Grace, will be comprised of catalysts technologies and materials technologies, excluding the Darex packaging business. New Grace is expected to have sales of $1.8 billion annually. The other company, called New GCP, will be made up of Grace’s construction products business and the Darex business. It is expected to have sales of $1.5 billion....
http://www.chemweek.com/people_and_business/companies/W-R-Grace-to-split-in-two_67530.html
February 5, 2015
ENI (Rome) has confirmed to CW that its chemical subsidiary, Versalis (Milan), has restarted its 490,000-m.t./year steam cracker at Porto Marghera, Italy and that the cracker is...
http://www.chemweek.com/people_and_business/companies/Versalis-restarts-Porto-Marghera-cracker-starts-supplying-Shell_67528.html
February 5, 2015
Haldia Petrochemicals Ltd. (HPL; Kolkata, India) plans to operate its steam cracker at 100% of capacity after it was restarted on 29 January following a six-month hiatus, a source...
http://www.chemweek.com/people_and_business/companies/Haldia-Petrochemicals-targets-100-percent-cracker-runs-after-late-January-restart_67513.html
February 5, 2015
Agricultural chemical firm Nufarm (Melbourne) today announced that the company will permanently close its plant in Botlek at Rotterdam, the Netherlands; and implement efficiency...
http://www.chemweek.com/people_and_business/companies/Nufarm-to-close-manufacturing-plant-in-the-Netherlands_67525.html
February 4, 2015
Regulatory issues, most prominently reform of the Toxic Substances Control Act (TSCA) and trade barriers, have been key topics of discussion at Informex 2015, held this week in New...
http://www.chemweek.com/people_and_business/companies/Informex-2015-Regulatory-hurdles-persist-as-industry-expects-growth_67510.html
February 4, 2015
Attendees at the American Cleaning Institute’s annual convention in Orlando, FL this week say that the mood in the cleaning and home care sector is upbeat.  Turnout was the...
http://www.chemweek.com/people_and_business/companies/ACI-2015-Upbeat-mood-for-home-care-sector_67339.html
February 3, 2015
The United Steelworkers (USW) said Tuesday that no further talks have been scheduled with Shell this week to end a strike at nine US oil refineries. USW told workers to strike at nine...
http://www.chemweek.com/people_and_business/companies/USW-and-refiners-still-without-labor-agreement_67466.html
February 3, 2015
BP's petrochemicals business swung to a $25.0-million underlying replacement cost (RC) loss before interest and tax during the fourth quarter of 2014 from $44.0 million in the...
http://www.chemweek.com/people_and_business/companies/BP-posts-petchems-loss-slashes-group-capex-on-low-oil-prices_67444.html
February 3, 2015
Eastman Chemical says it will begin a consultation period regarding a proposal to close the company's 24,000-m.t./year acetate tow manufacturing facility at Siddick, near Workington...
http://www.chemweek.com/people_and_business/companies/Eastman-announces-plans-to-close-acetate-tow-facility-in-UK_67442.html
February 3, 2015
Almac (Craigavon, UK), a privately-owned contract development and manufacturing pharmaceutical services group, has announced a $7 million investment in in the area of biocatalyst...
http://www.chemweek.com/people_and_business/companies/Almac-Group-to-invest-$7-million-in-biocatalysis-in-Northern-Ireland_67454.html
February 3, 2015
Dow says gross proceeds from both divestitures will total more than $1.4 billion. Separately, Dow announced 31 January that it has completed its acquisition of Coodetec’s seed business, a leading supplier of corn and soybean genetics in Brazil. Coodetec also provides Dow with entry in the wheat market in Brazil....
http://www.chemweek.com/people_and_business/companies/Dow-finalizes-sale-of-Angus-and-sodium-borohydride-completes-Brazil-seeds-acquisition_67446.html
February 2, 2015
The United Steelworkers Union—which represents unionized workers at 230 US refineries, chemical plants, pipelines, and terminals—called a strike on 1 February at nine US refineries and chemical plants after failing to reach an agreement for a new three-year labor contract by that day's deadline....
http://www.chemweek.com/people_and_business/companies/USW-calls-strike-at-nine-US-refineries-and-chemical-plants_67417.html
January 30, 2015
ICL (Tel Aviv) on Thursday inaugurated its new operational headquarters and European shared services center at Amsterdam. The inauguration ceremony was attended by Dutch prime minister...
http://www.chemweek.com/people_and_business/companies/ICL-opens-European-HQ-and-shared-services-center-at-Amsterdam_67351.html
January 30, 2015
Composite materials supplier Gurit (Zurich) today report preliminary net sales of 335.8 million Swiss francs ($367 million) in full-year 2014, compared with SF281.1 million in the...
http://www.chemweek.com/people_and_business/companies/Gurit-reports-sales-of-$367-million-for-full-year-2014-up-nearly-20-percent_67366.html
January 30, 2015
BP is the latest oil company to announce layoffs this week as a result of declining prices. The company says there have been staff reductions at its US headquarters in Houston, and...
http://www.chemweek.com/people_and_business/companies/BP-confirms-layoffs-at-US-headquarters_67337.html
January 29, 2015
Groups are advocating, and governments are considering, changes to recycling policy to increase recycling rates in the US, according to a panel discussion on packaging held yesterday...
http://www.chemweek.com/people_and_business/companies/ACI-2015-Groups-governments-consider-changes-to-recycling-policies_67340.html
January 29, 2015
Royal Dutch Shell says that it is curtailing its group-wide investment by $15.0 billion over the next three years because of falling oil prices. Organic investment is expected to be...
http://www.chemweek.com/people_and_business/companies/Shell-to-curtail-spending-by-$15-billion-over-next-three-years-chemical-earnings-slide-on-Moerdijk-shutdowns_67308.html
January 29, 2015
SGL Carbon (Wiesbaden, Germany) has announced preliminary results for fiscal 2014, describing the year as “challenging.” Group Ebit “declined substantially”...
http://www.chemweek.com/people_and_business/companies/SGL-Carbon-expects-substantial-net-loss-of-about-$284-million-for-2014_67306.html
January 29, 2015
Sherwin-Williams (SW) today reported fourth-quarter net income up 14.3% year-on-year (YOY), to $132.7 million, on sales up 4.6%, to $2.57 billion. Earnings totaled $1.37/share...
http://www.chemweek.com/people_and_business/companies/Sherwin-Williams-earnings-rise-but-miss-estimates_67317.html
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