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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
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
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