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June 26, 2014
H.B. Fuller has announced fiscal second-quarter net income of $20.5 million, or 40 cts/share, down 20.8% year-on-year (YOY), on sales up 4.8%, to $544 million. Adjusted earnings...
http://www.chemweek.com/people_and_business/companies/H-B-Fuller-net-income-falls-despite-sales-increase_62051.html
June 26, 2014
The executive board of Evonik Industries today presented plans to the supervisory board to reorganize the group structure. The company says that the executive board plans to...
http://www.chemweek.com/people_and_business/companies/Evonik-Industries-to-reorganize-group-structure-in-response-to-tougher-competition_62050.html
June 26, 2014
A group of companies has appealed against a decision on carbon tetrachloride by the European Chemicals Agency (ECHA; Helsinki), the agency says. The appealing companies are: the German...
http://www.chemweek.com/people_and_business/companies/Companies-appeal-ECHA-decision-on-carbon-tetrachloride_62048.html
June 25, 2014
Innovation, focused on market and customer needs and attractive growth markets, is expected to contribute 1–2 percentage points annually to Clariant's sales growth, helping the...
http://www.chemweek.com/people_and_business/companies/Clariant-highlights-role-of-innovation-plans-metallocene-polyolefins-hike-China-catalysts-R-and-D-center_62036.html
June 25, 2014
Cytec says it has named Daniel Darazsdi to be the company’s new v.p. and CFO, effective 4 August. Darazsdi replaces David Drillock, who announced his retirement in February...
http://www.chemweek.com/people_and_business/companies/Cytec-names-new-CFO_62035.html
June 25, 2014
Omnova today reported fiscal second-quarter earnings up 17.2% year-on-year (YOY), to $3.4 million, or 7 cts/share, on sales down 1.6%, to $266.4 million. Adjusted earnings from...
http://www.chemweek.com/people_and_business/companies/Omnova-net-income-rises-but-misses-estimates_62018.html
June 25, 2014
Olin says it is refinancing its 8.875% senior bonds due in 2019, using an existing $265-million senior revolving credit facility and a delayed draw-down term loan to pay down the debt...
http://www.chemweek.com/people_and_business/companies/Olin-refinances-debt-rearranges-credit-facilities_62017.html
June 25, 2014
Altana (Wesel, Germany) has agreed with Landa (Rehovot, Israel) to invest €100 million ($136 million) for a minority stake in Landa's digital printing subsidiary. The size of the...
http://www.chemweek.com/people_and_business/companies/Altana-invests-in-Israel-based-digital-printing-business_62015.html
June 25, 2014
Kraton Performance Polymers’ planned merger with the styrenics block copolymers (SBC) unit of LCY Chemical (Taiwan) may not pay off for two years later than expected, the company said on 24 June. The company’s stock price fell 14% the day of the announcement, losing $3.60/share to close at $21.53/share....
http://www.chemweek.com/people_and_business/companies/Kraton-shares-fall-14-percent-on-weaker-post-merger-earnings-forecast_62008.html
June 24, 2014
Japan’s Toppan Printing (Tokyo) has announced plans to build a new transparent barrier films production facility in the US state of Georgia. The plant, which will be...
http://www.chemweek.com/people_and_business/companies/Toppan-Printing-to-build-barrier-films-plant-in-US_62006.html
June 24, 2014
Monsanto has held informal talks with Syngenta in recent months, offering a friendly takeover of Syngenta, according to a Bloomberg report. Such a deal, which would have...
http://www.chemweek.com/people_and_business/companies/Reports-Monsanto-held-talks-to-acquire-Syngenta_61987.html
June 24, 2014
Croda (Goole, UK) says its full-year pretax profits will be below the £251.4 million ($426.9 million) it posted in 2013. Croda cites the stronger UK currency. "For...
http://www.chemweek.com/people_and_business/companies/Croda-says-strength-of-UK-currency-will-dent-full-year-profits_62003.html
June 23, 2014
The Supreme Court today upheld EPA’s authority to regulate greenhouse gases (GHG) from “sources that would need permits based on their emission of conventional...
http://www.chemweek.com/people_and_business/companies/Supreme-Court-upholds-EPA-regulation-of-greenhouse-gases_61982.html
June 23, 2014
A. Schulman has named Bernard Rzepka as its next CEO, effective 1 January 2015. Current chairman and CEO Joseph Gingo will remain chairman after his retirement as CEO on 31...
http://www.chemweek.com/people_and_business/companies/Schulman-names-next-CEO_61968.html
June 23, 2014
Evonik Industries says it has adopted a new approach, called Evonik Call for Research Proposals (ECRP), to building networks with outstanding scientists in universities. The approach's...
http://www.chemweek.com/people_and_business/companies/Evonik-adopts-new-approach-to-R-and-D-with-external-partners_61971.html
June 20, 2014
ACC today released its global chemical production regional index (CPRI), measuring the production volume of the chemical industry for 33 nations, regions, and subregions—compared...
http://www.chemweek.com/people_and_business/companies/ACC-Global-CPRI-indicates-slow-growth-in-second-quarter_61949.html
June 20, 2014
International Flavors & Fragrances (IFF) it has opened a photovoltaic (PV) installation at its Hazlet, NJ, facility. The company says that the installation supports its commitment...
http://www.chemweek.com/people_and_business/companies/IFF-opens-PV-installation-at-NJ-site_61947.html
June 20, 2014
Farms and Families of North America Fertilizer Limited Partnership (FNA FLP; Saskatoon, SK), an alliance of farmers designed to build a nitrogen fertilizer plant, announced today the...
http://www.chemweek.com/people_and_business/companies/Farmers-organization-announces-site-for-$1-7-billion-nitrogen-fertilizer-plant_61930.html
June 19, 2014
ACC says that, following a 0.6% gain in April, the US Chemical Production Regional Index was 0.4% higher in May and chemical output was higher in all regions except the West Coast. On...
http://www.chemweek.com/people_and_business/companies/ACC-Chemical-production-up-in-May_61933.html
June 19, 2014
BASF says that it opposes the authorization for prolonged use of hexabromocyclododecane (HBCD) under the European Union's Registration, Evaluation, Authorisation, and Restriction of...
http://www.chemweek.com/people_and_business/companies/BASF-opposes-authorizing-HBCD-under-Reach_61927.html
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