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August 22, 2014
ACC today released its global chemical regional production index (CPRI), showing a 0.1% rise on a three-month moving average (3MMA) basis in July—indicating that growth remained...
http://www.chemweek.com/people_and_business/companies/ACCs-global-chemical-production-index-inches-up_63356.html
August 22, 2014
Axalta, the former automotive coatings business of DuPont, has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering....
http://www.chemweek.com/people_and_business/companies/Carlyles-Axalta-files-for-IPO_63347.html
August 22, 2014
Agrium today announced that it has named Steve Douglas senior v.p. and CFO, effective 3 November. Douglas joins the company from Brookfield Asset Management (Toronto), where he was...
http://www.chemweek.com/people_and_business/companies/Agrium-names-new-CFO_63352.html
August 22, 2014
DuPont has filed a patent infringement suit in US court in Delaware alleging that SunEdison has violated the company’s patent on using tellurium in front-side silver solar...
http://www.chemweek.com/people_and_business/companies/DuPont-files-suit-against-SunEdison-over-solar-paste-patent_63346.html
August 21, 2014
Clariant’s industrial and consumer specialties plant at Gendorf, Germany, has been granted mass balance certification from the Roundtable for Sustainable Palm Oil (RSPO; London)...
http://www.chemweek.com/people_and_business/companies/Clariant-plant-in-Germany-gains-RSPO-certification_63336.html
August 20, 2014
Bartek Ingredients (Stony Creek, ON) has announced a large expansion of its capacity for malic and fumaric acid, and its precursor material, maleic anhydride. The company will add 50...
http://www.chemweek.com/people_and_business/companies/Bartek-Ingredients-to-expand-malic-fumaric-acids-capacity_63327.html
August 18, 2014
Coatings maker Axalta has announced a $10.5-million investment to expand its transportation coatings resins site at Tlalnepantla, Mexico. The expansion will expand the site’s...
http://www.chemweek.com/people_and_business/companies/Axalta-to-expand-Mexico-site_63281.html
August 15, 2014
Quaker Chemical announced today that it has acquired specialty grease manufacturer ECLI Products (Aurora, IL) for $52 million. ECLI, with estimated 2014 Ebitda of $7 million...
http://www.chemweek.com/people_and_business/companies/Quaker-acquires-specialty-grease-maker_63246.html
August 15, 2014
Mosaic announced today that its board of directors has named Mark Isaacson v.p., general counsel, and corporate secretary, as well as part of the senior leadership team. Isaacson has...
http://www.chemweek.com/people_and_business/companies/Mosaic-announces-several-senior-leadership-appointments_63242.html
August 14, 2014
Momentive Specialty Chemicals (MSC) has announced a second-quarter net loss of $27 million, roughly flat year-on-year (YOY), on net sales up 7%, to $1.34 billion. The company, which is...
http://www.chemweek.com/people_and_business/companies/Momentive-Specialty-Chemicals-sales-rise_63192.html
August 14, 2014
Momentive Specialty Chemicals (MSC) says it has selected the city of Curitiba, in the state of Parana, Brazil, as the location of its next forest products manufacturing site in Latin...
http://www.chemweek.com/people_and_business/companies/Momentive-selects-Brazil-site-for-forest-products-facility_63190.html
August 13, 2014
BASF recently announced that it will construct a new office building for 600 employees at its Ludwigshafen headquarters. The company had posted an architecture competition for the...
http://www.chemweek.com/people_and_business/companies/BASF-replacing-Engelhorn-building-at-Ludwigshafen-site_63144.html
August 13, 2014
Lanxess announced today that it is expanding its Gastonia, NC, compounding facility for high-tech plastics by adding a second production line. The company will invest about $15 million...
http://www.chemweek.com/people_and_business/companies/Lanxess-expands-plastics-production-in-North-Carolina_63146.html
August 12, 2014
Valspar says that net income for the quarter ended 25 July was $97.8 million, up 4% year-on-year (YOY). Reported earnings of $1.14/share dipped slightly below analyst estimates of...
http://www.chemweek.com/people_and_business/companies/Valspar-results-up-on-strength-in-coatings_63127.html
August 12, 2014
Haldor Topsoe today announced plans to close a fuel cell subsidiary that focuses on developing and commercializing components and technology for high-temperature solid oxide fuel cells...
http://www.chemweek.com/people_and_business/companies/Haldor-Topsoe-closing-subsidiary-because-of-sales-earnings-drops_63119.html
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
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