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April 30, 2015
SGL Group (Wiesbaden, Germany), a manufacturer of carbon-based products and materials, has reported a large year-on-year (YOY) increase in Ebitda before non-recurring items and a small...
http://www.chemweek.com/people_and_business/companies/SGL-announces-increase-in-profit-on-slightly-lower-sales_69932.html
April 29, 2015
Ashland today reported fiscal second-quarter earnings from continuing operations of $95 million, or $1.39/share, compared with a loss of $61 million in the year-ago quarter. Sales...
http://www.chemweek.com/people_and_business/companies/Ashland-earnings-rise-on-higher-margins_69952.html
April 29, 2015
Ferro announced today it has agreed to acquire Nubiola Pigmentos (Barcelona), a maker of specialty inorganic pigments, for €146 million ($162.3 million). Nubiola is the...
http://www.chemweek.com/people_and_business/companies/Ferro-to-acquire-Spanish-pigments-firm_69950.html
April 29, 2015
Ferro today reported first-quarter net income down 36% year-on-year (YOY), to $11.0 million, on net sales down 6.4%, to $262.8 million. Adjusted earnings, which exclude results in from...
http://www.chemweek.com/people_and_business/companies/Ferro-beats-estimates-despite-lower-sales_69951.html
April 29, 2015
Chemtura today reported first-quarter earnings of $21 million, more than double the year-ago quarter, on sales down 21% year-on-year (YOY), to $438 million. On a managed basis...
http://www.chemweek.com/people_and_business/companies/Chemtura-beats-estimates-on-lower-costs-higher-selling-prices_69949.html
April 29, 2015
Avery Dennison today reported first-quarter net income up 1% year-on-year (YOY), to $71.6 million, on sales down 1%, to $1.53 billion. Adjusted net income from continuing operations...
http://www.chemweek.com/people_and_business/companies/Avery-Dennison-beats-estimates-despite-lower-sales_69930.html
April 29, 2015
Activist hedge fund Trian management today released a letter to DuPont shareholders praising a report put out by the Institute for Shareholder Services (ISS; Rockville, MD) on Monday...
http://www.chemweek.com/people_and_business/companies/Trian-praises-ISS-recommendations-on-DuPont_69943.html
April 29, 2015
Freeport LNG Expansion (Freeport LNG) today announced that its subsidiary FLNG Liquefaction 3 has successfully closed the financing required for constructing the third train of its...
http://www.chemweek.com/people_and_business/companies/Freeport-LNG-closes-financing-starts-constructing-third-liquefaction-train_69923.html
April 29, 2015
Bayer CropScience has announced Healthy Hives 2020, the aims of which are to improve the health of honeybee colonies in the United States in the next five years, the company says. The...
http://www.chemweek.com/people_and_business/companies/Bayer-CropScience-launches-honeybee-health-initiative_69922.html
April 29, 2015
Cepsa (Madrid) plans to have its new phenol plant at Shanghai running at full capacity by May, the company says. It has a design capacity of 250,000 m.t./year of phenol; 150,000...
http://www.chemweek.com/people_and_business/companies/Cepsa-expects-new-Chinese-phenol-plant-to-hit-full-output-by-May_69909.html
April 28, 2015
Croda International says it has broken ground on a £120m ($170 million) plant at its New Castle, DE facility that will be designed to produce non-ionic surfactants from renewable...
http://www.chemweek.com/people_and_business/companies/Croda-breaks-ground-on-Delaware-surfactants-plant_69905.html
April 28, 2015
A. Schulman is undertaking a public offering of $110 million worth of cumulative perpetual convertible special stock, to help fund the $800-million acquisition of plastics compounder...
http://www.chemweek.com/people_and_business/companies/A-Schulman-to-issue-special-stock-to-fund-Citadel-acquisition_69896.html
April 28, 2015
Ecolab today reported net income up 22% year-on-year (YOY), to $233.4 million, on sales down 1%, to $3.30 billion. Adjusted earnings totaled 80 cts/share, up 8% YOY, but slightly short...
http://www.chemweek.com/people_and_business/companies/Ecolab-falls-slightly-short-of-estimates-cuts-guidance-on-currency_69892.html
April 28, 2015
Albemarle will announce its first-quarter operating results pursuant to the new structure emerging following the company's acquisition of Rockwood Holdings. The company announced its...
http://www.chemweek.com/people_and_business/companies/Albemarle-to-announce-first-quarter-results-pursuant-to-new-structure-in-talks-with-German-works-councils_69876.html
April 28, 2015
Fertilizer, chemical, and plastics company Grupa Azoty (Tarnów, Poland) says it plans to concentrate on new, sustainable processes for agriculture, according to press reports...
http://www.chemweek.com/people_and_business/companies/Grupa-Azoty-to-develop-differential-use-of-fertilizers_69881.html
May 18, 2015
Private equity firm Arsenal Capital (New York) has announced it is selling Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-to-sell-Royal-Adhesives-to-American-Securities_69843.html
April 27, 2015
Praxair says it has signed a long-term contract with China National Offshore Oil Company (CNOOC) to supply industrial gases for CNOOC’s refinery and chemical production...
http://www.chemweek.com/people_and_business/companies/Praxair-to-expand-capacity-in-China-to-supply-CNOOC_69858.html
April 27, 2015
The Institute for Shareholder Services (ISS; Rockville, MD), a proxy advisory firm, is recommending that two Trian nominees, including Trian founder and CEO Nelson Peltz, be elected to...
http://www.chemweek.com/people_and_business/companies/ISS-backs-two-Trian-seats-on-DuPont-board-update_69842.html
April 27, 2015
The board of Uralkali (Berezniki, Russia) has approved a share buyback program under which the company will purchase up to 468.75 million of its own shares—representing 15.97% of...
http://www.chemweek.com/people_and_business/companies/Uralkali-approves-share-buyback-program_69833.html
April 27, 2015
LSB Industries (Oklahoma City) says it has added five independent directors as part of an agreement with activist investor Starboard Value. LSB will also pursue several other moves as part of the agreement, including separating its chemicals and climate control businesses and possibly restructuring the chemicals business as a master limited partnership. LSB has appointed a new lead independent director and independent board committee to oversee the search for a president of the chemicals business....
http://www.chemweek.com/people_and_business/companies/LSB-satisfies-Starboard-by-adding-directors-pursuing-chemicals-MLP_69841.html
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