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February 11, 2015
Kemira (Helsinki) has today announced results for fourth-quarter and full-year 2014. The company says that revenue “remained stable” at €547.1 million ($619.4 million)...
http://www.chemweek.com/people_and_business/companies/Kemira-reports-growth-improved-profitability_67682.html
February 10, 2015
Paints and coatings company Tikkurila (Helsinki) says its revenue in fourth-quarter 2014 was €104.4 million ($118.0 million), a drop of 11% compared with sales of €116.7...
http://www.chemweek.com/people_and_business/companies/Tikkurila-reports-fall-in-sales-and-profit-in-fourth-quarter-and-full-year-2014_67678.html
February 9, 2015
Compass Minerals today reported fourth quarter net income up 38% year-on-year (YOY), to $80.5 million, or $2.38/share, on sales up 12%, to $433.4 million. Earnings easily beat...
http://www.chemweek.com/people_and_business/companies/Compass-Minerals-earnings-soar-past-estimates-on-strong-pricing_67670.html
February 9, 2015
Quinpario Acquisition 2, the new blank-check fund formed by former Solutia CEO Jeffry Quinn, is eyeing Arsenal Capital’s Royal Adhesives & Sealants (South Bend, IN), in a...
http://www.chemweek.com/people_and_business/companies/Report-Quinn-firm-eyeing-Royal-Adhesives_67668.html
February 9, 2015
Solenis, the former Ashlad water treatment business, today completed the acquisition of tissue-and-towel chemicals maker Clearwater Specialties (Clarkston, WA). Financial terms of the...
http://www.chemweek.com/people_and_business/companies/Solenis-completes-Clearwater-Specialties-acquisition_67653.html
February 9, 2015
State-controlled petrochemical producer Oltchim (Râmnicu Vâlcea, Romania) generated a €700,000 ($792,000) profit in January, according to Romania's economy, trade, and...
http://www.chemweek.com/people_and_business/companies/Minister-Oltchim-generated-&euro700000-profit-in-January_67645.html
February 6, 2015
A sinkhole east of Uralkali's (Berezniki, Russia) Solikamsk-2 potash mine has grown and currently measures 58 by 87 meters wide and approximately 75 meters deep, the company says. The...
http://www.chemweek.com/people_and_business/companies/Sinkhole-near-Uralikali-mine-continues-to-expand-unused-machinery-being-removed-from-shaft_67613.html
February 6, 2015
Sensient Technologies (Milwaukee) has announced adjusted operating income of $48.0 million in fourth-quarter 2014 compared with $44.6 million for the year-ago period, an increase of...
http://www.chemweek.com/people_and_business/companies/Sensient-Technologies-reports-increases-in-operating-income_67605.html
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
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