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April 23, 2014
Air Products reports net income of $284 million for the quarter ended 31 March, down 2% year-on-year (YOY). Reported earnings of $1.32/share fell below analyst estimates of...
http://www.chemweek.com/people_and_business/companies/Air-Products-earnings-down-sales-up-in-second-quarter_60490.html
April 22, 2014
Cytec today reported first-quarter earnings up 57% year-on-year (YOY), to $55.9 million, or $1.52/share, on sales up 2.5%, to $489 million. Adjusted earnings totaled $1.42/share...
http://www.chemweek.com/people_and_business/companies/Cytec-beats-estimates-on-solid-volumes_60479.html
April 22, 2014
ACC today released its monthly chemical activity barometer (CAB)—noting that the CAB reached its highest level since March 2008. On a three-month moving average basis, the April...
http://www.chemweek.com/people_and_business/companies/ACC-CAB-at-highest-level-since-2008_60464.html
April 22, 2014
CF Industries announced that its Woodward, OK, nitrogen complex is currently off-line due to a problem in one of the boilers. All of the plants in the complex have been safely shut...
http://www.chemweek.com/people_and_business/companies/CF-Industries-shuts-down-Woodward-OK-nitrogen-complex-because-of-boiler-problem_60462.html
April 21, 2014
Verdezyne (Carlsbad, CA), an industrial biotechnology company, announced today that it has completed production of over one m.t. of biobased dodecanedioic acid (DDDA) using its...
http://www.chemweek.com/people_and_business/companies/Verdezyne-completes-biobased-monomer-production_60425.html
April 21, 2014
Honeywell today reported a fall in profit in its performance materials segment. Profit was down 3% year-on-year (YOY), to $374 million and driven by unfavorable petrochemical catalyst...
http://www.chemweek.com/people_and_business/companies/Honeywell-performance-material-unit-posts-lower-earnings_60365.html
April 21, 2014
Platform Specialty Products (PSP; Waterbury, CT) has entered into a definitive agreement to acquire Chemtura's pesticides business for $1 billion. The price consists of $950...
http://www.chemweek.com/people_and_business/companies/Platform-acquires-Chemturas-pesticides-business-for-$1-billion_60358.html
April 21, 2014
AkzoNobel registered €129 million ($178.3 million) in net income attributable to shareholders in the first quarter, up 45% year-on-year (YOY) mainly because of lower financing...
http://www.chemweek.com/people_and_business/companies/AkzoNobels-first-quarter-net-income-up-on-lower-financing-costs_60356.html
April 21, 2014
Alpek (San Pedro Garza García, Mexico) reports $24 million in net income during the first quarter, 61% down year-on-year (YOY) but a significant improvement from the $9-million...
http://www.chemweek.com/people_and_business/companies/Alpek-reports-61-percent-drop-in-first-quarter-net-income_60355.html
April 17, 2014
LyondellBasell says it has ended discussions to sell its mothballed refinery at Berre, France, to petroleum trading firm Sotragem (Monaco), and that it will make the closure of the...
http://www.chemweek.com/people_and_business/companies/LyondellBasell-ends-negotiations-to-sell-French-refinery_60392.html
April 17, 2014
Sherwin-Williams (SW) has reported first-quarter net income down 0.6% year-on-year (YOY), to $115.5 million, on sales up 9.2%, to $2.37 billion. Earnings totaled $1.14/share, including...
http://www.chemweek.com/people_and_business/companies/Sherwin-Williams-beats-estimates-on-sales-increase_60367.html
April 17, 2014
PPG today reported net income from continuing operations up 45% year-on-year (YOY), to $277 million, on sales from continuing operations up 17%, to $3.6 billion. Adjusted earnings...
http://www.chemweek.com/people_and_business/companies/PPG-earnings-beat-estimates-on-higher-volumes_60366.html
April 16, 2014
SI Group (Schenectady, NY) has agreed to acquire the antioxidant, ibuprofen and propofol businesses of Albemarle for an undisclosed amount of cash. The deal includes manufacturing...
http://www.chemweek.com/people_and_business/companies/SI-Group-to-acquire-Albemarles-antioxidants-and-ibuprofen-business_60349.html
April 16, 2014
Albemarle today reported net income down 32.6% year-on-year (YOY), to $56.6 million, or 71 cts/share, on net sales up 2.3%, to $656.7 million. Net income fell primarily due to charges...
http://www.chemweek.com/people_and_business/companies/Albemarle-earnings-fall-but-beat-estimates_60350.html
April 16, 2014
Lubrizol says it has formed an energy and water business unit to focus on its offerings oilfield, refinery process and industrial water treatment chemicals. The unit is a part of the...
http://www.chemweek.com/people_and_business/companies/Lubrizol-forms-energy-and-water-unit_60347.html
April 16, 2014
A. Schulman has announced that it is aiming to grow sales by 10-11%/year through 2018, to $3.6-$3.7 billion. The company is also aiming to grow adjusted earnings by an average of...
http://www.chemweek.com/people_and_business/companies/Schulman-sets-double-digit-sales-and-earnings-growth-targets_60348.html
April 16, 2014
Dissident hedge fund FrontFour Capital (Greenwich, CT) today released a new letter to Sensient shareholders accusing the company of governance shortfalls and of a failure to disclose...
http://www.chemweek.com/people_and_business/companies/Sensient-FrontFour-trade-volleys-in-advance-of-shareholder-meeting_60333.html
April 16, 2014
The US Government Accountability Office (GAO) has released a study finding that a lack of consistent government-wide data on the number and type of National Environmental Policy Act...
http://www.chemweek.com/people_and_business/companies/GAO-report-highlights-lack-of-data-on-US-environmental-reviews_60327.html
April 16, 2014
Indian Farmers Fertiliser Cooperative (Iffco) Canada (Montreal), the Canada arm of an Indian fertilizer distributor, announced today that the government of Quebec has authorized the...
http://www.chemweek.com/people_and_business/companies/Indian-Farmers-Fertiliser-Co-advances-$1-6-billion-Quebec-urea-complex_60326.html
April 16, 2014
Amyris (Emeryville, CA) has resumed production at its industrial fermentation plant at Brotas, Brazil, following a planned maintenance and upgrade period, the company announced today...
http://www.chemweek.com/people_and_business/companies/Amyris-resumes-farnesene-production-in-Brazil-prepares-to-make-patchouli_60324.html
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