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August 5, 2014
Ashland has agreed to an accelerated share buyback worth $750 million, in which the company will repurchase common stock from Deutsche Bank and JP Morgan. The agreement extends through...
http://www.chemweek.com/people_and_business/companies/Ashland-agrees-to-$750-million-accelerated-share-buyback_63000.html
August 5, 2014
Linde says it has been awarded a $4.3-million grant by the California Energy Commission (CEC) to construct retail hydrogen fueling stations in Northern California. The stations will be...
http://www.chemweek.com/people_and_business/companies/Linde-receives-grant-to-build-more-hydrogen-refueling-stations-in-California_62989.html
August 5, 2014
International Flavors and Fragrances (IFF; New York) today reported second-quarter net income of $110.2 million, up 8% year-over-year (YOY). Reported earningsof $1.35/share in line...
http://www.chemweek.com/people_and_business/companies/IFF-sales-and-earnings-up_62988.html
August 5, 2014
Three former senior executives of Innospec have been jailed and another received a suspended prison sentence in the United Kingdom for bribing Indonesian officials to extend the life...
http://www.chemweek.com/people_and_business/companies/UK-jails-former-Innospec-executives-for-Indonesia-corruption_62980.html
August 4, 2014
Private equity firm Clayton, Dubilier & Rice (CD&R; New York) has closed its $1.8-billion acquisition of Ashland’s water technologies business on Friday, renaming the...
http://www.chemweek.com/people_and_business/companies/Ashland-water-technologies-sale-complete-company-renamed-Solenis_62964.html
August 4, 2014
Sensient Technologies announced today that Dick Hobbs, senior v.p. and CFO of the company since 2000, will retire in February 2015. Hobbs, who joined Sensient in 1973, will be replaced...
http://www.chemweek.com/people_and_business/companies/Sensient-Technologies-CFO-to-retire_62963.html
August 4, 2014
IGM Resins (Charlotte, NC), an ultraviolet inks and coatings firm, has acquired Insight High Technology (IHT; Beijing), a maker of photoinitiators, pharma intermediates, and fine...
http://www.chemweek.com/people_and_business/companies/Arsenals-IGM-Resins-buys-Chinese-firm_62962.html
August 1, 2014
Private equity firm American Securities (New York) has closed the acquisition of specialties maker Emerald Performance Materials (Cuyahoga Fall, OH) from Sun Capital (Boca Raton, FL)...
http://www.chemweek.com/people_and_business/companies/Private-equity-firms-close-Emerald-Performance-Materials-deal_62945.html
August 1, 2014
Borealis is divesting its Biosuper business in France, the company announced today. The Biosuper brand, a phosphate-based dryer used in animal stables; and the related production...
http://www.chemweek.com/people_and_business/companies/Borealis-to-divest-Biosuper-business-in-France_62930.html
August 1, 2014
Arkema's quarter-two net income fell by 58%, to €47 million ($63 million) from €112 million one year earlier, according to the company's latest results published today...
http://www.chemweek.com/people_and_business/companies/Arkemas-net-profit-falls-by-more-than-a-half-as-sales-drop-delays-sales-earnings-targets_62923.html
July 31, 2014
Ashland today reported fiscal third-quarter earnings from continuing operations down 20% year-on-year (YOY), to $71 million, or 90 cts/share, on sales down 1%, to $1.6 billion...
http://www.chemweek.com/people_and_business/companies/Ashland-earnings-fall-but-adjusted-earnings-beat-estimates_62918.html
July 31, 2014
Mosaic today reported its results for the second quarter, with net income of $248 million down 73% year-over-year (YOY) with earnings per share of 64 cts/share below analyst estimates...
http://www.chemweek.com/people_and_business/companies/Mosaic-earnings-down-CEO-to-return-from-medical-leave_62873.html
July 31, 2014
Agrium announced that its potash mine at Vanscoy, Saskatchewan experienced a mechanical failure on its main hoist system. As a result, production has been shut down. Due to the outage...
http://www.chemweek.com/people_and_business/companies/Agrium-potash-mine-down-on-mechanical-failure_62874.html
July 31, 2014
Westlake Chemical has closed the previously announced €490-million ($656.5 million) acquisition of polyvinyl chloride (PVC) manufacturer Vinnolit Holdings (Ismaning, Germany) and...
http://www.chemweek.com/people_and_business/companies/Westlake-closes-&euro490-million-Vinnolit-acquisition_62856.html
July 31, 2014
Solvay says it has signed a binding agreement to sell its US-based sulfuric acid virgin production and regeneration business Eco Services to CCMP Capital Advisors, following a bidding...
http://www.chemweek.com/people_and_business/companies/Solvay-to-sell-Eco-Services-sulfuric-acid-business-to-CCMP-Capital-Advisors_62851.html
July 31, 2014
Solvay today reported net sales for second-quarter 2014 of €2.64 billion ($3.54 billion), an increase of 2% year-on-year (YOY). Operating profit (adjusted Ebit) was €291...
http://www.chemweek.com/people_and_business/companies/Solvay-reports-2-percent-rise-in-sales-adjusted-Ebit-jumps-56-percent-confirms-full-year-outlook_62852.html
July 31, 2014
Air Liquide reported €3.77 billion in revenues during the second quarter, down 2.4% year-on-year (YOY), according to the company's results published today. The figures exclude...
http://www.chemweek.com/people_and_business/companies/Air-Liquides-quarter-two-revenue-down-2-4-percent_62850.html
July 30, 2014
FMC today reported net income of $109.1 million, or 81 cts/share, down 8% year-on-year (YOY), on revenues up 13%, to $987.8 million. Excluding special charges, adjusted earnings...
http://www.chemweek.com/people_and_business/companies/FMC-earnings-rise-as-ag-rebounds-but-fall-short-of-estimates_62841.html
July 30, 2014
Albemarle today reported second-quarter down 73% year-on-year (YOY), to $22.5 million, on sales up 5%, to $604.7 million. Net income fell due to an accounting loss on discontinued...
http://www.chemweek.com/people_and_business/companies/Albemarle-earnings-fall-on-discontinued-operations-but-beat-estimates_62837.html
July 30, 2014
Intrepid Potash today announced its second quarter results, as well as the resigning of its current CFO Dave Honeyfield—effective 29 August. Honeyfield is resigning in order to...
http://www.chemweek.com/people_and_business/companies/Intrepid-Potash-reports-earnings-drop-CFO-resigns_62832.html
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