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April 30, 2014
Praxair announced today that it is raising the price of argon in the United States and Puerto Rico, effective 15 May. Prices will go up as much as 20% for argon and 15% for argon...
http://www.chemweek.com/people_and_business/companies/Praxair-raises-argon-prices_60694.html
April 30, 2014
Mexichem (Tlalnepantla, Mexico) reports net income of $49 million in the first quarter, up 16% year-on-year (YOY) primarily because of last year’s $7.8-million loss...
http://www.chemweek.com/people_and_business/companies/Mexichems-net-income-up-16-percent-confirms-outlook_60691.html
April 29, 2014
Lubricants maker Quaker Chemical today reported first-quarter net income down tk% year-on-year (YOY), to $12.7 million, or 96 cts/share, on sales up 3%, to $181.7 million. Net income...
http://www.chemweek.com/people_and_business/companies/Quaker-Chemical-earnings-fall-on-tax-impact_60679.html
April 29, 2014
Air Products announced today that it has signed an agreement with JCG (Tokyo) to provide its proprietary liquefied natural gas (LNG) technology, equipment, and process license for...
http://www.chemweek.com/people_and_business/companies/Air-Products-to-provide-equipment-for-Petronas-LNG-project_60676.html
April 29, 2014
SunEdison, formerly MEMC electronic materials, announced today that it has closed construction financing, underwritten by Deutsche Bank (New York), for its solar power project in Kern...
http://www.chemweek.com/people_and_business/companies/SunEdison-closes-on-financing-for-California-solar-project_60668.html
April 29, 2014
Stepan today reported first-quarter earnings down 32% year-on-year, to $13 million, on sales up 5%, to $477 million. Excluding deferred compensation, adjusted earnings totaled $12.8...
http://www.chemweek.com/people_and_business/companies/Stepan-earnings-hit-hard-by-winter-weather_60665.html
April 29, 2014
ACC today released its global chemical production index (CPRI), which has risen 0.4% on a three-month moving average basis (3MMA) over March, indicating a good start to the first...
http://www.chemweek.com/people_and_business/companies/ACC-production-index-grows_60659.html
April 29, 2014
Arle Capital (London), a private equity firm spun out of Candover Investments (London) in 2010, is to acquire Innovia (Wigton, UK), a manufacturer of specialty films for labels...
http://www.chemweek.com/people_and_business/companies/Arle-Capital-to-acquire-supplier-of-polymer-for-new-UK-banknotes_60653.html
April 28, 2014
Compass Minerals today reported net earnings up 8% year-on-year (YOY), to $50.2 million, or $1.49/share, on sales up 10%, to $422 million. Earnings beat analysts’ consensus...
http://www.chemweek.com/people_and_business/companies/Compass-Minerals-sales-earnings-rise-on-strong-demand-for-salt-and-fertilizer_60647.html
April 28, 2014
Ecolab today reported net income up 20% year-on-year (YOY), to $191 million, on sales up 16%, to $3.34 billion. Adjusted earnings, excluding restructuring and other charges, rose 23%...
http://www.chemweek.com/people_and_business/companies/Ecolab-earnings-match-estimates-on-strong-sales_60633.html
April 25, 2014
Invista and Solvay announced today that they have signed a settlement agreement resolving disputes related to adiponitrile (ADN) intellectual property and technology used in their...
http://www.chemweek.com/people_and_business/companies/Invista-Solvay-settle-adiponitrile-dispute_60558.html
April 25, 2014
Lanxess is restarting its butyl rubber plant at Zwijndrecht, Belgium, after trade union–represented production employees agreed to accept the terms of a new two-year collective...
http://www.chemweek.com/people_and_business/companies/Labor-agreement-ends-strike-at-Lanxesss-butyl-rubber-plant-in-Belgium_60600.html
April 25, 2014
Minerals Technologies (MTI) has reported first-quarter earnings totaling $15.6 million, or 45 cts/share, down 17% year-on-year (YOY), due mostly to costs related to the acquisition of...
http://www.chemweek.com/people_and_business/companies/Minerals-Technologies-earnings-fall-on-Amcol-acquisition-costs_60609.html
April 25, 2014
Vopak reports a 15% decline in first-quarter net profit, excluding exceptional items, compared with the corresponding period last year, to €68 million ($94 million), on sales down...
http://www.chemweek.com/people_and_business/companies/Vopak-posts-lower-first-quarter-profits-sales-forecasts-5-10-percent-full-year-Ebitda-decline_60597.html
April 25, 2014
BASF says it is "implementing a series of measures" within its nutrition and health division, aimed at strengthening the competitiveness of its performance products segment...
http://www.chemweek.com/people_and_business/companies/BASF-restructures-nutrition-and-health-260-jobs-to-go-by-end-of-2015_60602.html
April 24, 2014
Eastman today announced its first quarter results, with net income dropping 6% year-on-year (YOY), to $233 million. Reported adjusted earnings of $1.61/share were 1 ct below the year-ago quarter but above analyst estimates of $1.58/share, according to Thomson Reuters (New York). Sales of $2.3 billion were flat YOY....
http://www.chemweek.com/people_and_business/companies/Eastman-earnings-down-on-flat-sales-in-first-quarter_60585.html
April 24, 2014
Sensient Technologies says that all nine of its director nominees – including the four who were contested by dissident hedge fund FrontFour Capital (Greenwich, CT) – were...
http://www.chemweek.com/people_and_business/companies/Sensient-directors-win-proxy-fight_60566.html
April 24, 2014
Ashland chairman and CEO James O’Brien will retire at the end of this year, the company says. O’Brien became CEO at Ashland in 2002 and oversaw two major acquisitions...
http://www.chemweek.com/people_and_business/companies/Ashland-CEO-to-retire_60461.html
April 24, 2014
Thomas Swan (Consett, UK) says it has signed an exclusive agreement to manufacture high-quality graphene products using a new process developed by researchers at Trinity College Dublin...
http://www.chemweek.com/people_and_business/companies/Thomas-Swan-says-it-has-exclusive-agreement-to-manufacture-graphene-products-using-new-process_60535.html
April 24, 2014
Air Products told investors on its earnings call 23 April that the search for its next CEO continues. Air Products announced last September that current CEO John McGlade will...
http://www.chemweek.com/people_and_business/companies/Air-Products-says-search-for-CEO-on-track_60540.html
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