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May 19, 2015
Oxea (Oberhausen, Germany) has launched a short-chain fatty alcohol product, n-nonanol. Oxea says its structure is almost completely linear, making the product “a potent and cost-effective alternative” to natural fatty alcohols derived from palm oil or coconut oil....
http://www.chemweek.com/people_and_business/companies/Oxea-launches-short-chain-fatty-alcohol_70495.html
May 19, 2015
Solvay has formed a 50-50 joint venture with Enirgi Chemicals (Toronto), a diversified industrials and chemicals company, to produce sodium bicarbonate materials for industrial...
http://www.chemweek.com/people_and_business/companies/Solvay-forms-sodium-bicarbonate-JV-for-air-pollution-applications_70496.html
May 18, 2015
Private equity firm Arsenal Capital (New York) has announced it is selling Royal Adhesives and Sealants (South Bend, IN) to American Securities (New York), another private equity firm...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-to-sell-Royal-Adhesives-to-American-Securities_69843.html
May 18, 2015
Paints and coatings company Tikkurila (Helsinki) says revenue in the first three months of 2015 was €133.2 million ($148.5 million), down 5.8% year-on-year (YOY) compared with...
http://www.chemweek.com/people_and_business/companies/Tikkurila-reports-lower-sales-but-strong-profitability-in-first-quarter_70056.html
May 18, 2015
Fragrances and flavors firm Symrise (Holzminden, Germany) today reported its first-quarter 2015 financial results, with sales leaping by 42% year-on-year (YOY), to €668.0 million...
http://www.chemweek.com/people_and_business/companies/Symrise-makes-strong-start-to-2015-reports-double-digit-growth-in-sales-profit_70077.html
May 18, 2015
Brenntag has announced today that it achieved sales of €2.57 billion ($2.86 billion) in the first quarter of 2015 compared with €2.42 billion in the corresponding period in...
http://www.chemweek.com/people_and_business/companies/Brenntag-reports-strong-performance-in-all-regions-increases-profit-confirms-outlook_70113.html
May 18, 2015
Chemours, DuPont’s performance chemicals subsidiary, says eight individuals have been selected to serve on its board of directors after the company’s planned spin-off from DuPont on 1 July. Richard Brown, formerly chair and CEO of Electronic Data Systems (EDS) and a member of DuPont’s board during 2001–15, will chair the board, The other board members will be Curtis Anastasio, Bradley Bell, Mary Cranston, Curtis Crawford, Dawn Farrell, Stephen Newlin, and Mark Vergnano....
http://www.chemweek.com/people_and_business/companies/Chemours-names-board-to-serve-after-spin-off-from-DuPont_70470.html
May 18, 2015
CF Industries (Deerfield, IL) says its board of directors has declared a five-for-one split of the company’s common stock in the form of a stock dividend. The split will be the company’s first since its IPO in 2005. Stockholders will receive four additional shares for each share of common stock they own on 17 June....
http://www.chemweek.com/people_and_business/companies/CF-declares-five-for-one-stock-split_70466.html
May 15, 2015
DuPont this morning won its proxy battle with activist hedge fund Trian Fund Management (New York), as all four of the company's director nominees were re-elected to its board, company...
http://www.chemweek.com/people_and_business/companies/DuPont-wins-proxy-battle-with-Trian-update_70376.html
May 13, 2015
New personal-care product textures and sensory experiences, as well as sustainability and product safety initiatives, took center stage at the New York Society of Cosmetic Chemists'...
http://www.chemweek.com/people_and_business/companies/Suppliers-Day-2015-New-textures-drive-development-as-growth-prospects-are-strong_70391.html
May 12, 2015
Olefins and derivatives producer TVK (Tiszaújváros, Hungary) says it achieved sales in first-quarter 2015 of 88.9 billion forint ($325.4 million), down 12% year-on-year...
http://www.chemweek.com/people_and_business/companies/TVK-sales-fall-on-lower-prices-but-profits-leap_70333.html
May 12, 2015
Hexion (Columbus, OH) and Shchekinoazot (Pervomaysky, Russia) have opened a second reactor at the companies' manufacturing joint venture near Tula, Russia, Hexion says. The jv...
http://www.chemweek.com/people_and_business/companies/Hexion-opens-resins-line-at-Russia-JV-readies-resin-emulsions-capacity-in-Brazil_70330.html
May 11, 2015
Reverdia (Delft, Netherlands), a joint venture between DSM and Roquette Frères (Lestrem, France) has announced the appointment of Pascal Moritz as new business development...
http://www.chemweek.com/people_and_business/companies/Reverdia-appoints-business-development-manager_70295.html
May 11, 2015
FMC today reported a first-quarter net loss of $48.6 million, compared with a gain of $65.6 million in the year-ago quarter. Revenues declined 13% year-on-year (YOY), to $659.4...
http://www.chemweek.com/people_and_business/companies/FMC-misses-estimates-on-ag-weakness-sets-2020-growth-targets_70302.html
May 8, 2015
Koppers today reported a first-quarter net loss of $3.4 million, or 16 cts/share, compared with a gain of $2.2 million in the year-ago quarter. Sales increased 20%, to $397.8 million...
http://www.chemweek.com/people_and_business/companies/Koppers-reports-loss-but-adjusted-earnings-beat-estimates_70261.html
May 8, 2015
Dow Chemical's Taft, LA, no. 1 ethylene unit is expected to come back online by next week, according to market participants. The no.1 ethylene unit went down in late March for planned...
http://www.chemweek.com/people_and_business/companies/Dows-Louisiana-ethylene-unit-still-set-for-early-May-restart_70192.html
May 7, 2015
Albemarle has reported first-quarter net income down 24% year-on-year (YOY), to $43.1 million, or 40 cts/share, on sales up 47%, to $884.4 million. Sales rose due to the inclusion of...
http://www.chemweek.com/people_and_business/companies/Albemarle-earnings-rise-but-sales-take-hit-from-currency_70170.html
May 6, 2015
Evonik Industries says today it started 2015 with a “strong performance,” generating one of its best quarterly results since 2009 on strong performance in the nutrition and...
http://www.chemweek.com/people_and_business/companies/Evonik-reports-54-percent-increase-in-net-income_70115.html
May 6, 2015
Axalta today reported first-quarter net income of $46.7 million, compared with a net loss of $3.7 million in the year-ago quarter, on sales down 5.4% year-on-year (YOY), to $997.5...
http://www.chemweek.com/people_and_business/companies/Axalta-beats-estimates-despite-currency-issues_70120.html
May 5, 2015
Grupa Azoty (Tarnów, Poland) has announced the introduction of Oxoviflex, which it says is Poland's first non-phthalate plasticizer. The unit was built at a cost of over 40...
http://www.chemweek.com/people_and_business/companies/Grupa-Azoty-introduces-non-phthalate-plasticizer_70085.html
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