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March 12, 2013
Vale (Rio de Janeiro) has requested that the Mendoza, Argentina provincial government extend, until the end of this month, a deadline for the presentation of a work plan for...
http://www.chemweek.com/people_and_business/companies/Report-Vale-secures-extension-to-Argentina-potash-work-plan-denied-$2-billion-tax-break_49650.html
March 12, 2013
Evonik Industries today reported a 6% drop in fourth-quarter Ebitda, to €492 million ($641.7 million) on 2% lower sales, of €3.27 billion, citing destocking by customers and...
http://www.chemweek.com/people_and_business/companies/Evonik-reports-lower-sales-and-earnings-shareholders-place-more-shares-ahead-of-listing_50444.html
March 12, 2013
Linde's Selas Fluid Processing (Blue Bell, PA) subsidiary has been renamed Linde Engineering North America. The unit engineers, supplies, and constructs air separation and...
http://www.chemweek.com/people_and_business/companies/Selas-Fluid-Processing-renamed-Linde-Engineering-North-America_50443.html
March 12, 2013
BASF has announced organizational changes, which aim to strengthen its Asia/Pacific operations. Effective 1 April, Albert Heuser, president/market and business development in...
http://www.chemweek.com/people_and_business/companies/BASF-announces-organizational-changes-in-AsiaPacific-appoints-head-of-nutrition-and-health_50436.html
March 11, 2013
Ashland announced Friday that it would increase prices for certain intermediates and specialty solvents sold in North America, Asia and Europe—effective 1 April. In North...
http://www.chemweek.com/people_and_business/companies/Ashland-increases-intermediates-and-specialty-solvents-prices_50427.html
March 11, 2013
Sasol (Johannesburg, South Africa) today reported a net profit of 12.61 billion rand ($1.39 billion) during the 6 months to 31 December 2012—down almost 12% from same period...
http://www.chemweek.com/people_and_business/companies/Sasols-net-profit-drops-by-almost-12-percent_50406.html
March 11, 2013
Dow Chemical announced that is has named Marc van Gerwen global business director for Dow’s pharma and food solutions unit, formally known as Dow Wolff Cellulosics. Van Gerwen...
http://www.chemweek.com/people_and_business/companies/Dow-names-new-pharma-and-food-solutions-head_50412.html
March 11, 2013
Saudi Chevron Phillips (SCP), on 9 March, resumed operations at its complex at Al Jubail, following scheduled maintenance. The complex produces benzene, cyclohexane, and motor...
http://www.chemweek.com/people_and_business/companies/Saudi-Chevron-Phillips-restarts-complex-following-maintenance_50404.html
March 8, 2013
KMG Chemicals reports fiscal second-quarter earnings down 36% year-on-year (YOY), to $1.6 million, or 14 cts/share, on sales down 15%, to $57 million. Reduced demand in both of the...
http://www.chemweek.com/people_and_business/companies/KMG-Chemicals-earnings-fall-on-lower-sales_50380.html
March 8, 2013
The auction of a 12.5% of worth of shares in Rashtriya Chemicals and Fertilisers (RCF; Mumbai) by the Indian government closed today, raising some 3.1 billion Indian rupees...
http://www.chemweek.com/people_and_business/companies/Reports-Indian-government-sale-of-RCF-stake-oversubscribed_50377.html
March 8, 2013
Rinchem (Albuquerque, NM) has recently opened a new 65,000-sq ft chemical logistics facility in Hollister, CA, the company announced today. The new facility includes warehousing...
http://www.chemweek.com/people_and_business/companies/Rinchem-opens-new-chemical-logistics-facility-in-California_50322.html
March 7, 2013
Albemarle Holding’s joint venture with Arab Potash Co. (Amman, Jordan), Jordan Bromine Company (JBC; Safi, Jordan), announced that it has successfully commissioned the first...
http://www.chemweek.com/people_and_business/companies/Albemarle-JV-completes-first-phase-of-Jordan-bromine-expansion_50326.html
March 7, 2013
Cabot today announced a new corporate brand restructuring that the company says “gives more visibility to how Cabot’s products are used in major markets, including within...
http://www.chemweek.com/people_and_business/companies/Cabot-rebrands-unveils-new-logo_50327.html
March 7, 2013
Linde's net profit increased by 6.4% during 2012 from €1.24 billion ($1.67 billion) to €1.32 billion, the company said today. Ebitda went up 10%, from €3.21 billion to...
http://www.chemweek.com/people_and_business/companies/Lindes-profits-and-sales-rise-in-2012_50319.html
March 7, 2013
Katoen Natie USA (Houston), a logistics service provider, announced it is investing $150 million to build a plastics storage, custom packaging, and distribution facility for...
http://www.chemweek.com/people_and_business/companies/Katoen-Natie-to-build-petrochemical-logistics-facility-in-Louisiana_50310.html
March 6, 2013
The Indian government has fixed 8 March 2013 as the date when it will divest a 12.5% stake in Rashtriya Chemicals & Fertilisers (RCF; Mumbai) through an offer for sale (OFS)...
http://www.chemweek.com/people_and_business/companies/Reports-Indian-government-to-sell-12-5-percent-stake-in-RCF_50278.html
March 6, 2013
Ems Group (Herrliberg, Switzerland) has completed the takeover of the automotive supply business in Central and Eastern Europe (CEE) of Eftec (Zlin, Czech Republic), a 50-50 joint...
http://www.chemweek.com/people_and_business/companies/Ems-takes-control-of-Eftec-automotive-supply-business_50276.html
March 6, 2013
Quaker Chemical (Conshohocken, PA) announced a slight drop in sales, but a rise in net income and earnings per share in their fourth quarter results. Net income increased 25%, to $13...
http://www.chemweek.com/people_and_business/companies/Quaker-Chemical-reports-solid-fourth-quarter-results_50308.html
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