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February 11, 2014
Semiconductor and solar technology firm SunEdison (St. Peters, MO) says its polysilicon manufacturing facility at Merano, Italy, will remain closed indefinitely. The decision affects...
http://www.chemweek.com/people_and_business/companies/SunEdison-polysilicon-plant-in-Italy-to-stay-off-line-indefinitely-TCS-plant-also-to-close_58735.html
February 11, 2014
West Virginia American Water, the largest water utility in West Virginia, president Jeff McIntyre provided testimony before the US House of Representatives’ House Transportation...
http://www.chemweek.com/people_and_business/companies/CSB-releases-initial-inspection-results-on-WV-spill-water-company-testifies-before-Congress_58700.html
February 10, 2014
CHS (St. Paul, MN), a farmer-owned cooperative, grains and food company, announced today that it has acquired the fertilizer business and related assets of Terral RiverService (Lake...
http://www.chemweek.com/people_and_business/companies/Crop-nutrient-co-op-CHS-acquires-distributor_58698.html
February 10, 2014
A heavy winter in fourth quarter of 2013 pushed sales and earnings upwards for Compass Minerals fueled by strength in the salt segment, according to results released today. Net income...
http://www.chemweek.com/people_and_business/companies/Compass-Minerals-results-surge-on-heavy-winter-weather-salt-sales_58716.html
February 10, 2014
Sensient Technologies today reported net earnings down 4.1% year-on-year (YOY), to $31.5 million, or 63 cts/share on sales up 0.7%, to $372 million. Earnings were hit by charges...
http://www.chemweek.com/people_and_business/companies/Sensient-earnings-beat-estimates-on-strong-colors-results_58703.html
February 10, 2014
Artek Surfin (Mumbai), an Indian specialty chemicals maker, has bought out private equity firm Aterian Investment Partners’ (New York) 50% stake in Galata Chemicals, the former...
http://www.chemweek.com/people_and_business/companies/Indian-owner-buys-out-Galata-Chemicals_58715.html
February 10, 2014
Paints and coatings company Tikkurila (Helsinki) reports an operating loss of €4.2 million ($5.73 million) in the fourth quarter 2014 compared with an operating loss of €3.2...
http://www.chemweek.com/people_and_business/companies/Tikkurila-reports-4-2-percent-operating-loss-sales-drop-4-percent-in-fourth-quarter-2013_58693.html
February 7, 2014
Celanese (Dallas) says its board of directors has increased the company’s share repurchase authorization to $400 million. At the end of 2013, Celanese had $228 million remaining from previous authorizations....
http://www.chemweek.com/people_and_business/companies/Celanese-board-authorizes-$400-million-in-share-repurchases_58673.html
February 7, 2014
The European General Court (Luxembourg) has ruled against appeals intended to overturn fines levied by the European Commission on Elf Aquitaine, Arkema, and consulting firm Treuhand...
http://www.chemweek.com/people_and_business/companies/EU-General-Court-rejects-Arkema-Elf-Aquitaine-appeals-against-price-fixing-fines_58676.html
February 7, 2014
EMS Group (Domat/Ems, Switzerland) says earnings before interest and tax (Ebit) for full-year 2013 jumped 15.4% to reach 369 million Swiss Francs ($409 million), compared with...
http://www.chemweek.com/people_and_business/companies/EMS-Group-reports-record-2013-net-sales-Ebit_58675.html
February 7, 2014
The Chemical Facility Anti-Terrorism Standards (CFATS) Authorization and Accountability Act of 2014 was introduced to Congress today by US Representative Michael McCaul (R-TX)...
http://www.chemweek.com/people_and_business/companies/CFATS-improvement-bill-introduced-to-House-Socma-supports-efforts_58622.html
February 6, 2014
MeadWestvaco (MWV) announced today that it has reached an agreement with BofA Merrill Lynch and Goldman Sachs to buy back about $300 million worth of common stock, or about 7.5 million...
http://www.chemweek.com/people_and_business/companies/MeadWestvaco-agrees-to-accelerated-share-buyback_58652.html
February 6, 2014
Agrium today announced that is naming several leadership positions. Richard Gearheard, senior v.p. and president of retail, will be retiring effective 31 March. Gearheard has been with...
http://www.chemweek.com/people_and_business/companies/Agrium-announces-senior-leadership-changes_58605.html
February 6, 2014
Mitsui Chemicals today announced a major restructuring of its operations as a result of the volatility in the polyurethane and phenol markets. Mitsui's board of directors has approved...
http://www.chemweek.com/people_and_business/companies/Mitsui-to-close-all-plants-at-Kashima-MDI-plant-at-Omuta-BPA-plant-at-Chiba-and-phenol-JV-with-Idemitsu_58596.html
February 5, 2014
US Water Services (St. Michael, MN) has acquired ChemCal (Grapevine, TX), an industrial water treatment firm, for an undisclosed amount, the company says. ChemCal focuses in...
http://www.chemweek.com/people_and_business/companies/US-Water-Services-acquires-water-treatment-firm-in-Texas_58516.html
February 5, 2014
FMC today reported fourth-quarter earnings down 73.5% year-on-year (YOY), to $27.1 million, or 20 cts/share, on sales up 24%, to $1.1 billion. Earnings were hit by $114.3 million in...
http://www.chemweek.com/people_and_business/companies/FMC-earnings-beat-estimates-as-ag-results-jump_58582.html
February 5, 2014
Taminco today announced that it is exercising an amendment to its senior secured credit facility that will reduce interest payments by $5 million/year. The amendment cuts the interest...
http://www.chemweek.com/people_and_business/companies/Taminco-gets-lower-interest-rate-on-senior-loans_58565.html
February 5, 2014
Evonik Industries has increased capacity for its Rohacell-branded structural foam at the company's Darmstadt, Germany production site, Evonik announced. The company began operations at...
http://www.chemweek.com/people_and_business/companies/Evonik-completes-capacity-expansion-for-structural-foam-at-Darmstadt_58561.html
February 5, 2014
Solvay's subsidiary Rhodia, and Premiere Fibers Inc. (Ansonville, NC), have agreed jointly to launch a nylon-based "smart yarn" that reduces the appearance of cellulite and...
http://www.chemweek.com/people_and_business/companies/Solvay-enters-agreement-to-produce-smart-nylon-based-yarn_58562.html
February 5, 2014
Syngenta, the world's largest producer of agricultural chemicals, today announced its fourth-quarter and full-year 2013 results and said it is embarking on a cost-savings plan that...
http://www.chemweek.com/people_and_business/companies/Syngenta-embarks-on-cost-savings-plan-as-earnings-decline-ups-margin-target_58560.html
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