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October 16, 2014
FMC has named K. Kyle Matthews v.p./human resources (HR) and a member of the company's executive committee, effective 27 October. Matthews recently served as senior v.p./HR for...
http://www.chemweek.com/people_and_business/companies/FMC-names-human-resources-head_64558.html
October 16, 2014
PPG Industries today reported stronger third-quarter net income, with growth across most business segments and regions. Net income of $377 million grew 84% year-on-year (YOY) on sales up 4% YOY, to $3.9 billion. Adjusted earnings per share of $2.82/share were above analyst estimates of $2.75/share, as reported by Thomson Reuters (New York). Adjusted net income, excluding nonrecurring items, was $394 million, up 17% YOY....
http://www.chemweek.com/people_and_business/companies/PPG-reports-adjusted-earnings-up-17-percent_64557.html
October 15, 2014
Fragrances and flavors group Symrise (Holzminden, Germany) has today officially launched a legal subsidiary in Lagos, strengthening its position in Africa. The location will include...
http://www.chemweek.com/people_and_business/companies/Symrise-founds-subsidiary-in-Nigeria-strengthens-position-in-Africa_64526.html
October 15, 2014
Evonik Industries today opened a production plant in São Paulo State, Brazil, to make ingredients for customers in the cosmetics and consumer goods industries. The plant has the...
http://www.chemweek.com/people_and_business/companies/Evonik-opens-plant-for-cosmetics-and-consumer-goods-in-Brazil_64527.html
October 14, 2014
KMG Chemicals (Houston), a specialty chemical maker, today announced its results for its fourth fiscal quarter, ended 31 July. The company reports a net loss of $822,000, slightly up...
http://www.chemweek.com/people_and_business/companies/KMG-Chemicals-reports-narrower-loss-in-fiscal-fourth-quarter_64499.html
October 14, 2014
FMC has signed unsecured credit agreements that will provide access to as much as $3.5 billion to help fund its $1.8-billion acquisition of agricultural chemicals maker Cheminova (Harboøre, Denmark). FMC’s acquistion of Cheminova is expected to close in early 2015....
http://www.chemweek.com/people_and_business/companies/FMC-completes-credit-agreements-for-$3-5-billion-to-fund-Cheminova-purchase_64497.html
October 13, 2014
Yara International says it has appointed Thor Giæver acting CFO. Giæver had been head of investor relations and company secretary at Yara since 2011. Giæver's...
http://www.chemweek.com/people_and_business/companies/Yara-appoints-acting-CFO_64472.html
October 13, 2014
An Ineos upstream subsidiary has agreed to acquire an 80% interest in a petroleum exploration and development license in the Midland Valley, Scotland, UK, from Reach Coal Seam Gas Ltd...
http://www.chemweek.com/people_and_business/companies/Ineos-acquires-majority-interest-in-second-UK-shale-gas-license_64471.html
October 10, 2014
Spot ethylene deals were concluded in Europe as high as €985/m.t. del. ($1,254/m.t.) on Wednesday, following Shell's force majeure declaration ethylene after an incident...
http://www.chemweek.com/people_and_business/companies/Ethylene-spot-up-in-Europe-on-the-back-of-Shell-Moerdijk-force-majeure_64459.html
October 10, 2014
Mosaic has named Floris Bielders general manager/Brazil, effective 15 October. Bielders was also recently named v.p./international distribution. In his new role, he will lead the...
http://www.chemweek.com/people_and_business/companies/Mosaic-announces-regional-leadership-changes_64456.html
October 10, 2014
Givaudan (Geneva), a leading flavors and fragrances company, says its sales reached 1.12 billion Swiss francs ($1.18 billion) in the third quarter of 2014 compared with SF1.09 billion...
http://www.chemweek.com/people_and_business/companies/Givaudan-reports-increase-in-sales-in-third-quarter-and-first-nine-months-sustained-volume-growth-in-all-markets_64448.html
October 8, 2014
RPM today reported fiscal first-quarter net income down 3.9% year-on-year (YOY), to $99.1 million, on sales up 3.4%, to $1.2 billion. Earnings totaled 73 cts/share, down 5.2% YOY and...
http://www.chemweek.com/people_and_business/companies/RPM-earnings-fall-3-9-percent_64340.html
October 8, 2014
The board of SGL Group (Wiesbaden, Germany) today announced restructuring plans, including closing unprofitable units. Distinct key performance indicators will define the future...
http://www.chemweek.com/people_and_business/companies/SGL-announces-restructuring-capital-increase-closure-of-unprofitable-units_64095.html
October 8, 2014
A steam leak this morning at Shell's Moerdijk, Netherlands facility has impacted operations at the site. The leak has since been resolved, the company says. "However, the effects...
http://www.chemweek.com/people_and_business/companies/Leak-at-Shell-Moerdijk-impacts-operations-styrene-prices-inch-upward_64240.html
October 8, 2014
Saras Group (Sarroch, Italy) has reached a preliminary agreement to acquire certain downstream processing units and related personnel at Versalis's plant at Sarroch. Financial...
http://www.chemweek.com/people_and_business/companies/Saras-to-acquire-Versalis-assets-in-Sardinia_64290.html
October 8, 2014
BASF announced today that it is teaming up with Colorcon (Harleysville, PA) to release a coating polymer, Kollicoat IR, for Colorcon’s formulated ready-to-use coatings...
http://www.chemweek.com/people_and_business/companies/BASF-collaborates-with-Colorcon-on-pharma-coatings_64338.html
October 8, 2014

Trinseo (Berwyn, PA),  formerly Styron, says it is reorganizing its business divisions into two groups and reassigning members of the executive team. A newly created performance materials division will include rubber, latex, and performance plastics consisting of the automotive and consumer essential markets businesses. A new basic plastics and feedstocks division will include styrenic polymers—polystyrene, ABS, SAN—polycarbonate, and styrene monomer.

...

http://www.chemweek.com/people_and_business/companies/Trinseo-realigns-businesses-leadership_64342.html
October 8, 2014
BP has declared force majeure on production at the company's Hull-Saltend site in the United Kingdom. The declaration is effective from 00.01am on  4 October, BP says. BP's...
http://www.chemweek.com/people_and_business/companies/BP-declares-force-majeure-on-acetic-acid-and-acetic-anhydride-at-UK-site_64339.html
October 8, 2014
Evonik Industries has opened a new production line for surface-treated fumed silica at its Rheinfelden, Germany site, thereby increasing the company’s global capacity by 25%. The...
http://www.chemweek.com/people_and_business/companies/Evonik-boosts-global-capacity-for-specialty-silicas-by-25-percent-with-expansion-at-Rheinfelden-Germany_64341.html
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