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May 6, 2013
International Flavors & Fragrances (IFF) says it will close its fragrance ingredient manufacturing plant at Augusta, GA, by July 2014 as part of the company’s...
http://www.chemweek.com/people_and_business/companies/IFF-to-close-Georgia-fragrance-ingredients-plant_51776.html
May 6, 2013
The West Fertilizer Co. plant that exploded on 17 April killing 14 people, injuring over 200 others, and causing millions of dollars in damage was recently found to be holding...
http://www.chemweek.com/people_and_business/companies/West-Fertilizer-Co-held-$1-million-in-liability-coverage-faced-multiple-robberies_51770.html
May 3, 2013

A fire at an ethylene purification unit at Formosa Plastics’ complex at Point Comfort, TX yesterday, injured 14 people. Eight of the injured have been treated and released as of Friday morning, according to a company spokesperson. 

The fire occurred in an ethylene purification area near the site’s “PE 1” high-density polyethylene (HDPE) production unit. 

...

http://www.chemweek.com/people_and_business/companies/Fire-injures-14-at-Formosas-Point-Comfort-TX-site_51743.html
May 3, 2013
Koppers today reported net income down 27.7% year-on-year (YOY), to $11 million, or 53 cts/share, on sales down 2.8%, to $370.4 million. Adjusted earnings of 54 cts/share fell short of...
http://www.chemweek.com/people_and_business/companies/Koppers-earnings-down-on-lower-sales_51755.html
May 3, 2013
Private equity firm Sun Capital (Boca Raton, FL) says it will combine five of the packaging companies its owns under its Exopack Holdings (Spartanburg, SC) investment. The...
http://www.chemweek.com/people_and_business/companies/Sun-Capital-to-combine-packaging-investments-under-Exopack_51745.html
May 3, 2013
ASK Chemicals, a 50-50 joint venture between Ashland and Clariant, sold granulate, coatings, and hot top metal casting products to Iranian government entities, Ashland said in a...
http://www.chemweek.com/people_and_business/companies/Ashland-Clariant-JV-sold-casting-products-to-Iran_51753.html
May 2, 2013
Chemtura today reported a first-quarter net loss from continuing operations of $22 million, compared with a profit of $22 million in the year-ago period. Net sales declined 1.9%...
http://www.chemweek.com/people_and_business/companies/Chemtura-earnings-fall-short-of-estimates-on-soft-demand_51715.html
May 2, 2013
OM Group today reported a fourth-quarter net loss of $109.7 million, compared with a profit of $11.9 million in the year-ago quarter. The loss was mostly due to a $112 million non-cash...
http://www.chemweek.com/people_and_business/companies/OM-Group-beats-estimates-despite-sales-decline_51688.html
May 2, 2013
Arkema has launched production of Rilsan T, a biobased nylon-10,10 processed from castor oil, at the company's production facility at Serquigny, France, the company has announced. The...
http://www.chemweek.com/people_and_business/companies/Arkema-launches-production-of-biobased-nylon-1010_51687.html
May 2, 2013
Weather-related delays in the spring planting and potash application season resulted in a drop in earnings and sales for Intrepid Potash (Denver, CO) in its first quarter 2013...
http://www.chemweek.com/people_and_business/companies/Intrepid-Potash-reports-earnings-drop-on-weather-delays_51656.html
May 2, 2013
Odebrecht (Salvador, Brazil) is planning to invest heavily in Latin America across various industries including petrochemicals, according to various media reports. Projects the company...
http://www.chemweek.com/people_and_business/companies/Odebrecht-bids-for-gas-pipeline-in-Peru-to-supply-Pacific-coast-petchem-complex_51665.html
May 2, 2013
Westlake (Houston) has completed its previously announced $175-million acquisition of CertainTeed's pipe and foundation group (PFG) business. The business provides specialty polyvinyl...
http://www.chemweek.com/people_and_business/companies/Westlake-closes-purchase-of-CertainTeeds-PFG-business_51657.html
May 2, 2013
Shell's chemicals earnings were up 13% year-over-year during the first quarter to €555 million ($731.7 million) on a current cost of supply basis, the company announced today...
http://www.chemweek.com/people_and_business/companies/Shells-earnings-from-petchem-activities-up-over-13-percent_51668.html
May 2, 2013
Airgas reported its fiscal fourth quarter and full year earnings today—with net earnings for the quarter down slightly, and a modest gain in sales, citing the impact of continued...
http://www.chemweek.com/people_and_business/companies/Airgas-reports-modest-growth-on-uncertain-economic-environment_51670.html
May 2, 2013
PolyOne today reported first-quarter net income from continuing operations down 26.8% year-on-year (YOY), to $11.2 million, on sales up 7.5%, to $801.1 million. Adjusted earnings...
http://www.chemweek.com/people_and_business/companies/PolyOne-net-income-declines-but-adjusted-earnings-beat-estimates_51658.html
May 2, 2013
DSM's core net profit fell 13.4%, to €129 million ($170 million) during the first quarter of 2013, compared with the same period last year when it stood at €149 million, the...
http://www.chemweek.com/people_and_business/companies/DSMs-net-profit-falls-13-percent-in-the-first-quarter-as-performance-materials-sales-decline_51661.html
May 1, 2013
Private equity firm Arsenal Capital (New York) announced it has acquired Arnco (South Gate, CA), one of the world’s largest suppliers of polyurethane (PU) products...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-acquires-polyurethane-supplier-Arnco_51635.html
May 1, 2013
Private equity firm SK Capital Partners (New York) has closed its $200-million acquisition of Chemtura’s antioxidants and ultraviolet stabilizers business, which was announced in...
http://www.chemweek.com/people_and_business/companies/SK-Capital-completes-Chemtura-antioxidant-and-UV-stabilizers-acquisition_51634.html
May 1, 2013
Cabot (Boston) reported net income of $27 million for the quarter ended 31 March, down 89% from the year-ago quarter, which included a one-time gain of $190 million from the sale of...
http://www.chemweek.com/people_and_business/companies/Cabot-earnings-fall-on-Japan-outage-miss-estimates_51623.html
May 1, 2013
Leading specialty chemicals distributor Azelis (Antwerp) says it has secured a refinancing package. The company's financing has been extended for 3 years at market interest rates...
http://www.chemweek.com/people_and_business/companies/Distributor-Azelis-secures-refinancing-deal_51617.html
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