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August 11, 2014
Kinder Morgan, Inc. (KMI) announced today that it is buying out its two master limited partnerships (MLPs) – Kinder Morgan Energy Partners (KMP) and El Paso Pipeline Partners...
http://www.chemweek.com/people_and_business/companies/Kinder-Morgan-to-buy-out-its-MLPs-in-$71-billion-deal_63115.html
August 11, 2014
BP says that a fire has resulted in the shutdown of one of its one of the purified terephthalic acid (PTA) production units at its Cooper River site in Charleston, SC. The...
http://www.chemweek.com/people_and_business/companies/BPs-Cooper-River-PTA-unit-suffers-fire_63114.html
August 11, 2014
FMC announced today that it has signed an agreement to jointly develop and distribute organic acid soil and plant health products for Actagro (Biola, CA) in Asia. Actagro’s full...
http://www.chemweek.com/people_and_business/companies/FMC-to-distribute-soil-and-plant-health-product-line-in-Asia_62976.html
August 8, 2014
Calgon Carbon today reported earnings up 17.2% year-on-year (YOY), to $15.2 million, or 28 cts/share, on sales up 3.3%, to $145.1 million. Earnings totaled 28 cts/share, matching...
http://www.chemweek.com/people_and_business/companies/Calgon-Carbon-earnings-rise-on-higher-sales_63088.html
August 8, 2014
Specialty chemicals company Altana (Wesel, Germany) says it increased earnings in first-half 2014 to €985 million ($1.32 billion) compared with €887 million a year ago, an...
http://www.chemweek.com/people_and_business/companies/Altana-sales-and-Ebitda-rise-in-first-half-2014_63084.html
August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/people_and_business/companies/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/people_and_business/companies/Minerals-Technologies-beats-estimates_63076.html
August 7, 2014
Braskem reported 124 million reais ($54.3 million) in net profit for the second quarter, compared with a R$125-million loss one year earlier, according to the company's results...
http://www.chemweek.com/people_and_business/companies/Braskem-swings-to-a-net-profit_63056.html
August 7, 2014
Taminco today announced a second-quarter profit of $14 million, compared with a loss of $13 million in the year-ago quarter, on sales up 21% year-on-year (YOY), to $370 million...
http://www.chemweek.com/people_and_business/companies/Taminco-beats-estimates-on-solid-amines-results_63058.html
August 7, 2014
Agrium reports net earnings of $625 million for the second quarter, down 15% year-over-year (YOY) with earnings per share of $4.34/share surpassing analyst estimates of $4.11/share, as...
http://www.chemweek.com/people_and_business/companies/Agrium-posts-strong-results-on-improved-retail-business_63054.html
August 7, 2014
CF Industries says net earnings of $312.6 million for the second quarter were down 37% year-over-year (YOY) on sales of $1.5 billion down 12% YOY. Earnings per share of $6.10/share...
http://www.chemweek.com/people_and_business/companies/CF-Industries-sales-earnings-down_63055.html
August 7, 2014
Tronox has reported its second quarter results, posting a narrower adjusted net loss of less than $100,000, compared to an adjusted net loss of $15 million year-over-year (YOY)...
http://www.chemweek.com/people_and_business/companies/Tronox-posts-narrower-loss_63052.html
August 7, 2014
Kraton Performance Polymers today announced that on 6 August, its board of directors withdrew its prior recommendation that Kraton's stockholders approve the merger with the styrenic...
http://www.chemweek.com/people_and_business/companies/Kraton-decides-against-merger-with-LCY-Chemicals-SBC-business_63051.html
August 6, 2014
Rockwood Holdings today reported second-quarter net income from continuing operations up 32.7% year-on-year (YOY), to $34.1 million, or 47 cts/share, on sales up 4.1%, to $362.3...
http://www.chemweek.com/people_and_business/companies/Rockwood-beats-estimates_63025.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of specialty chemical maker MacDermid, has agreed to acquire crop protection chemicals maker Agriphar (Ougree, Belgium)...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-acquires-European-crop-protection-chemicals-maker-Agriphar-for-$400-million_63021.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of MacDermid, posted a narrower net loss of $400,000 in the second quarter compared with a loss of $5.9 million in the...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-Products-reports-income-gain-flat-sales_63020.html
August 6, 2014
Solvay Acetow, a Solvay subsidiary, has signed a worldwide cooperation agreement with Accsys Technologies (Windsor, UK) to develop a solid, high-performance wood registered as Accoya...
http://www.chemweek.com/people_and_business/companies/Solvay-Acetow-Accsys-to-develop-high-performance-wood-Solvay-plans-production-plant_63016.html
August 5, 2014
Orica (Melbourne) says that its board of directors intends to pursue the separation of the company’s chemicals business, either by demerger or sale. The decision follows a...
http://www.chemweek.com/people_and_business/companies/Orica-to-spin-off-or-sell-chemicals-business_63005.html
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
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