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January 21, 2016
Altanahas announced that it is investing $3.5 million in Melior Innovations (Houston). Melior specializes in the development of high-performance materials, such as specialty ceramics...
http://www.chemweek.com/people_and_business/companies/Altana-invests-in-Melior-Innovations_76569.html
January 21, 2016
3M announced Wednesday that it has entered into an agreement to sell its pressurized polyurethane foam adhesives business to Innovative Chemical Products (ICP; Andover, MA). ICP is...
http://www.chemweek.com/people_and_business/companies/3M-sells-pressurized-polyurethane-foam-adhesives-unit-to-Innovative-Chemical-Products_76575.html
January 20, 2016
An investment firm has proposed that Ashland sell its specialty ingredients business and restructure Valvoline to create a master limited partnership (MLP), according to a Reuters...
http://www.chemweek.com/people_and_business/companies/Report-Investor-seeks-sale-of-Ashland-specialties-business-MLP-for-Valvoline_76592.html
January 20, 2016
Royal Dutch Shell says that it expects fourth-quarter 2015 group earnings on a current cost of supplies (CCS) basis excluding exceptional items to be $1.6-1.9 billion. The estimate...
http://www.chemweek.com/people_and_business/companies/Shell-warns-of-big-decline-in-fourth-quarter-group-profits_76580.html
January 20, 2016
Workers have taken strike action at all of ENI's (Rome) production sites in Italy today, in protest at the company's plans to divest a part of its chemicals business Versalis. Local...
http://www.chemweek.com/people_and_business/companies/Workers-strike-at-ENI-Versalis-sites-in-Italy_76576.html
January 20, 2016
W.R. Grace said today it expects full-year 2015 sales to total $3.05 billion, with 2015 sales for GCP Applied Technologies to total $1.42 billion. GCP is Grace’s former...
http://www.chemweek.com/people_and_business/companies/Grace-outlook-calls-for-lower-full-year-sales-in-2015_76577.html
January 20, 2016
Johnson Matthey says it has expanded the R&D facilities at its Cambridge, UK, location. Capacity has been added in process R&D and in non-GMP production on a kilogram scale of...
http://www.chemweek.com/people_and_business/companies/Johnson-Matthey-expands-UK-R-and-D-facilities_76562.html
January 19, 2016
Praxair announced Tuesday that its surface coatings unit, a leading supplier of high-performance coatings and thermal-spray powders to the aviation and energy industry, has...
http://www.chemweek.com/people_and_business/companies/Praxair-and-GE-Aviation-form-coatings-jv_76560.html
January 19, 2016
Specialty chemical distributor Maroon Group (Forest Park, IL) announced Tuesday the acquisition of CNX Distribution (Hurst, TX), expanding its presence in the southwestern United...
http://www.chemweek.com/people_and_business/companies/Maroon-Park-expands-presence-through-acquisition-of-CNX_76557.html
January 19, 2016
Connell Brothers, the largest marketer and distributor of specialty chemicals and ingredients in Asia-Pacific, has promoted Azita Owlia to president from v.p. following Ted Eliot's...
http://www.chemweek.com/people_and_business/companies/Chemical-distributor-Connell-Brothers-appoints-new-president_76558.html
January 19, 2016
Composites maker Hexcel said Tuesday it is building a 117,000–square foot manufacturing facility at Casablanca for its engineered core business. Engineered core is a formed...
http://www.chemweek.com/people_and_business/companies/Hexcel-to-build-composites-plant-in-Morocco_76544.html
January 19, 2016
Ampac Fine Chemicals today announced that Aslam Malik has been named president and CEO, effective 1 January. Malik replaces Joseph Carleone, who will remain as chairmand of Ampac's...
http://www.chemweek.com/people_and_business/companies/Ampac-Fine-Chemicals-names-new-CEO_76556.html
January 19, 2016
PotashCorp says that, against a challenging macroeconomic backdrop, it is indefinitely suspending operations at its Picadilly, NB, potash mining site. The decision, which will affect...
http://www.chemweek.com/people_and_business/companies/PotashCorp-to-suspend-operations-indefinitely-at-New-Brunswick-site_76539.html
January 19, 2016
Omnova Solutions on Tuesday reported a fiscal fourth-quarter 2015 net loss due to a one-time charge and the downturn in oil and gas. On sales down 18% year-on-year (YOY), to $200.0...
http://www.chemweek.com/people_and_business/companies/Omnova-results-hit-by-falling-oil-and-gas-volumes_76537.html
January 19, 2016
Spolchemie (Usti nad Labem, Czech Republic) confirms that Czech anti-corruption police raided the company's premises on 15-17 January in connection with an investigation into Via Chem...
http://www.chemweek.com/people_and_business/companies/Spolchemie-confirms-police-raids-in-connection-with-majority-shareholders-insolvency-proceedings_76546.html
January 14, 2016
W.R. Grace announced today that engineering materials business leader Laurie Andriate has been named president/Darex packaging technologies (Darex). Darex will be included in the...
http://www.chemweek.com/people_and_business/companies/Grace-names-head-of-can-sealants-and-coatings-ahead-of-spin-off_76441.html
January 14, 2016
Shandong Pusheng Petrochemical (SPPCL) and Eagle Mountain Corporation (Spokane, WA) have signed an agreement to pursue management and financing projects in the oil, gas and natural...
http://www.chemweek.com/people_and_business/companies/Two-development-firms-sign-China-naphtha-supply-deal_76423.html
January 14, 2016
Adhesives maker H.B. Fuller has reported fiscal fourth-quarter net income that more than doubled year-on-year (YOY), to $25.0 million, or 49 cts/share, on revenues up 0.1%, to $548.1...
http://www.chemweek.com/people_and_business/companies/H-B-Fuller-earnings-rise-sales-flat-on-currency_76399.html
January 13, 2016
Anellotech (Pearl River, NY), a renewable chemicals technology company, announced Wednesday that it has entered into the next phase of its partnership with beverage company Suntory...
http://www.chemweek.com/people_and_business/companies/Anellotech-Suntory-enter-second-phase-of-partnership-to-develop-100-percent-biobased-beverage-bottles_76391.html
January 13, 2016
The falling  oil price and weakening Brazilian currency have caused Petrobras's board to approve certain adjustments to the company's 2015-19 business and management plan (BMP)...
http://www.chemweek.com/people_and_business/companies/Petrobras-adjusts-2015-19-business-plan-again-to-reflect-lower-crude-depreciated-currency_76375.html
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