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March 28, 2013
Increasing potash demand, especially in China and India, contributed to Mosaic’s strong quarter for the fiscal third quarter, ended 28 February—with the company reporting...
http://www.chemweek.com/people_and_business/companies/Mosaic-reports-rise-in-earnings-sales-on-high-potash-demand_50799.html
March 28, 2013
Ecolab announced today that it expects the close of its $2.2-billion acquisition of oilfield services firm Champion Technologies to occur on or before 15 April. The deal was previously...
http://www.chemweek.com/people_and_business/companies/Ecolab-extends-Champion-close-date-to-15-April_50798.html
March 28, 2013
Adhesives maker H.B. Fuller has reported net income from continuing operations of $20.8 million, or 41 cts/share, for the company’s fiscal first quarter. Net income from...
http://www.chemweek.com/people_and_business/companies/H-B-Fuller-earnings-up-but-slightly-short-of-estimates_50787.html
March 28, 2013
Vinyls company Kem One (Lyon, France) has, as expected, been put into receivership by the commercial court of Lyon. The move follows a filing for insolvency with the court by Kem One's...
http://www.chemweek.com/people_and_business/companies/Kem-One-enters-receivership-Arkema-denies-responsibility_50786.html
March 28, 2013
Ube Industries announced today that it will merge its two consolidated subsidiaries in the machinery business—Ube Machinery (Ube, Japan), and Ube Techno Eng (Ube). The merger...
http://www.chemweek.com/people_and_business/companies/Ube-to-merge-machinery-business-subsidiaries_50785.html
March 28, 2013
Clariant Chemicals India (Mumbai) says its board of directors, on 26 March, approved a proposal to divest its textile chemicals, paper specialties, and emulsion products businesses...
http://www.chemweek.com/people_and_business/companies/Clariant-India-subsidiary-to-sell-three-businesses_50784.html
March 27, 2013
EPA announced today that it will begin health and environmental risk assessments of 23 commonly used chemicals, with a focus on flame retardants, as a part of the Toxic Substances Control Act (TSCA) Work Plan....
http://www.chemweek.com/people_and_business/companies/EPA-begins-risk-assessments-of-flame-retardants-under-TSCA_50779.html
March 27, 2013
Metabolix reported fourth quarter 2012 results today, citing increased revenue and a slight gain in net income—though net income was reported as a loss for the quarter. Sales of...
http://www.chemweek.com/people_and_business/companies/Metabolix-releases-fourth-quarter-results-announces-Chinese-film-distribution-deal_50756.html
March 27, 2013
Air Products announced it has licensed its adsorption-based monomer recovery technology to Cryo Technologies (Allentown, PA), a supplier of custom engineered process equipment. The...
http://www.chemweek.com/people_and_business/companies/Air-Products-licenses-olefin-recovery-technology_50755.html
March 27, 2013
BASF says it will combine its water solutions, oil field solutions, and mining solutions businesses, effective 1 April, to create a new global business unit. The restructuring involves...
http://www.chemweek.com/people_and_business/companies/BASF-merges-water-oil-field-and-mining-businesses-cuts-215-jobs_50764.html
March 26, 2013
OxyChem (Dallas), a subsidiary of Occidental Petroleum, says it is constructing a hydrochloric acid (HCI) synthesis unit at its Niagara Falls, NY, chlor-alkali plant. The unit is...
http://www.chemweek.com/people_and_business/companies/OxyChem-to-construct-HCI-unit-at-Niagara-Falls-plant_50745.html
March 26, 2013
Williams says it has chosen Honeywell’s UOP C3 Oleflex process technology to produce propylene for its recently announced propane dehydrogenation (PDH) project at Alberta...
http://www.chemweek.com/people_and_business/companies/Williams-selects-Honeywell-UOP-technology-for-PDH-facility_50744.html
March 26, 2013
ACC released its chemical activity barometer (CAB) for the month of March—showing a 0.4% increase in activity from February, to 92.5, on a 3-month moving average (3MMA) basis...
http://www.chemweek.com/people_and_business/companies/March-CAB-ticks-up-for-eighth-consecutive-month_50743.html
March 26, 2013
Troubled vinyls company Kem One (Lyon, France) was scheduled to present to a Lyon court this morning an "application to default on its debts," French media reports say...
http://www.chemweek.com/people_and_business/companies/Vinyls-company-Kem-One-applies-to-default-on-its-debts_50738.html
March 26, 2013
“I think, from an Ineos point of view, we’ll look at whether we can underpin any of our assets in Europe with cheap feedstocks in one form or another from the United States," says Jim Ratcliffe, chairman of Ineos....
http://www.chemweek.com/people_and_business/companies/AFPM-IPC-Ineos-shifting-resources-to-US-Ratcliffe_50731.html
March 26, 2013
The decision by Ferro’s board to reject A. Schulman’s recent takeover offer without negotiations and pursue its own restructuring plan is being blasted by an increasingly...
http://www.chemweek.com/people_and_business/companies/Ferros-board-faces-shareholder-mutiny_50575.html
March 26, 2013
Owens Corning (Toledo, OH), a producer of glass fiber reinforcements for composite systems, joined a strategic alliance with BASF and TenCate Advanced Composites (Morgan Hill, CA) to...
http://www.chemweek.com/people_and_business/companies/BASF-Corning-and-TenCate-form-team-to-develop-thermoplastic-composites_50562.html
March 26, 2013
Kronos reported a net loss in earnings for the fourth quarter 2012 due to an inherent weakness in the titanium dioxide (TiO2) market. The company reported a loss of $18.1 million (16...
http://www.chemweek.com/people_and_business/companies/Kronoss-earnings-fall-on-weak-TiO2-sales_50497.html
March 26, 2013
Invista has signed a distribution agreement with the SO.F.TER Group (Softer; Forli, Italy), allowing Softer to market Invista’s Torzen polyamide-6,6 products in...
http://www.chemweek.com/people_and_business/companies/Invista-signs-polyamide-distribution-agreement-in-Mexico_50428.html
March 25, 2013
Kem One (Lyon, France), a manufacturer of polyvinyl chloride, will file for insolvency tomorrow, according to various reports in the French press. The filing follows a works council...
http://www.chemweek.com/people_and_business/companies/Reports-Kem-One-to-file-for-insolvency_50720.html
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