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April 24, 2014
Ashland chairman and CEO James O’Brien will retire at the end of this year, the company says. O’Brien became CEO at Ashland in 2002 and oversaw two major acquisitions...
http://www.chemweek.com/people_and_business/companies/Ashland-CEO-to-retire_60461.html
April 24, 2014
Thomas Swan (Consett, UK) says it has signed an exclusive agreement to manufacture high-quality graphene products using a new process developed by researchers at Trinity College Dublin...
http://www.chemweek.com/people_and_business/companies/Thomas-Swan-says-it-has-exclusive-agreement-to-manufacture-graphene-products-using-new-process_60535.html
April 24, 2014
Air Products told investors on its earnings call 23 April that the search for its next CEO continues. Air Products announced last September that current CEO John McGlade will...
http://www.chemweek.com/people_and_business/companies/Air-Products-says-search-for-CEO-on-track_60540.html
April 24, 2014
PotashCorp today reported net income of $340 million for its first quarter, down 38% year-over-year (YOY), with earnings per share of 40 cts/share, rising above analyst estimates of 36...
http://www.chemweek.com/people_and_business/companies/PotashCorp-reports-earnings-drop-raises-full-year-guidance_60537.html
April 24, 2014
Nippon Shokubai has announced a new long-term business plan through 2020, along with a shorter term action plan covering the next three years. The company has reconfirmed safety as a...
http://www.chemweek.com/people_and_business/companies/Nippon-Shokubai-sets-targets-under-new-business-plan_60536.html
April 24, 2014
Elementis's (London) first-quarter sales volumes increased across most segments, the company announced today in an interim management statement. The company did not disclose profit or...
http://www.chemweek.com/people_and_business/companies/Elementis-says-first-quarter-volumes-increased-full-year-profits-likely-to-meet-expectations_60520.html
April 24, 2014
Air Liquide has reported €3.73 billion ($5.16 billion) in revenue during the first quarter, up 6.2% year-on-year (YOY) on a comparable—growth, excluding currency, natural...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-confirms-2014-growth-target-supported-by-higher-first-quarter-sales_60518.html
April 23, 2014
Ferro today reported first-quarter net income of $17.2 million, compared with $883,000 in the year-ago quarter. Adjusted earnings totaled 19 cts/share, nearly double the year-ago...
http://www.chemweek.com/people_and_business/companies/Ferro-beats-estimates-raises-full-year-guidance_60510.html
April 23, 2014
Milliken (Spartanburg, SC) announced today that it is building new capacity for a clarifying agent for polypropylene (PP) at Blacksburg, SC. The new capacity will be onstream in 2015...
http://www.chemweek.com/people_and_business/companies/Milliken-to-increase-capacity-for-PP-clarifier_60492.html
April 23, 2014
Praxair had first-quarter net income of $448 million, up 8% year-on-year (YOY). Reported earnings of $1.51/share are in line with analyst consensus, according to Thomson Reuters (New...
http://www.chemweek.com/people_and_business/companies/Praxair-earnings-up-on-North-American-chemicals-growth_60489.html
April 23, 2014
The Japan Bank for International Cooperation (JBIC; Tokyo) has extended a syndicated loan of up to $330 million to establish an export credit line with Reliance Industries, JBIC...
http://www.chemweek.com/people_and_business/companies/Reliance-secures-credit-facility-of-up-to-$550-million-from-Japan-banks-for-petchem-expansion-program_60486.html
April 23, 2014
Dow Chemical reports higher first-quarter profits, driven by gains in most segments as well as productivity and cost-control actions. Adjusted earnings of 79 cts/share increased 14% year-on-year (YOY), easily beating the analysts’ consensus estimate of 70 cts/share. Sales increased 1% YOY, to $14.5 billion. Net income increased 75% YOY, to $964 million....
http://www.chemweek.com/people_and_business/companies/Dow-reports-75-percent-gain-in-first-quarter-net-income-handily-beats-estimates_60485.html
April 23, 2014
Air Products reports net income of $284 million for the quarter ended 31 March, down 2% year-on-year (YOY). Reported earnings of $1.32/share fell below analyst estimates of...
http://www.chemweek.com/people_and_business/companies/Air-Products-earnings-down-sales-up-in-second-quarter_60490.html
April 22, 2014
Cytec today reported first-quarter earnings up 57% year-on-year (YOY), to $55.9 million, or $1.52/share, on sales up 2.5%, to $489 million. Adjusted earnings totaled $1.42/share...
http://www.chemweek.com/people_and_business/companies/Cytec-beats-estimates-on-solid-volumes_60479.html
April 22, 2014
ACC today released its monthly chemical activity barometer (CAB)—noting that the CAB reached its highest level since March 2008. On a three-month moving average basis, the April...
http://www.chemweek.com/people_and_business/companies/ACC-CAB-at-highest-level-since-2008_60464.html
April 22, 2014
CF Industries announced that its Woodward, OK, nitrogen complex is currently off-line due to a problem in one of the boilers. All of the plants in the complex have been safely shut...
http://www.chemweek.com/people_and_business/companies/CF-Industries-shuts-down-Woodward-OK-nitrogen-complex-because-of-boiler-problem_60462.html
April 21, 2014
Verdezyne (Carlsbad, CA), an industrial biotechnology company, announced today that it has completed production of over one m.t. of biobased dodecanedioic acid (DDDA) using its...
http://www.chemweek.com/people_and_business/companies/Verdezyne-completes-biobased-monomer-production_60425.html
April 21, 2014
Honeywell today reported a fall in profit in its performance materials segment. Profit was down 3% year-on-year (YOY), to $374 million and driven by unfavorable petrochemical catalyst...
http://www.chemweek.com/people_and_business/companies/Honeywell-performance-material-unit-posts-lower-earnings_60365.html
April 21, 2014
Platform Specialty Products (PSP; Waterbury, CT) has entered into a definitive agreement to acquire Chemtura's pesticides business for $1 billion. The price consists of $950...
http://www.chemweek.com/people_and_business/companies/Platform-acquires-Chemturas-pesticides-business-for-$1-billion_60358.html
April 21, 2014
AkzoNobel registered €129 million ($178.3 million) in net income attributable to shareholders in the first quarter, up 45% year-on-year (YOY) mainly because of lower financing...
http://www.chemweek.com/people_and_business/companies/AkzoNobels-first-quarter-net-income-up-on-lower-financing-costs_60356.html
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