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August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/people_and_business/companies/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/people_and_business/companies/Minerals-Technologies-beats-estimates_63076.html
August 7, 2014
Braskem reported 124 million reais ($54.3 million) in net profit for the second quarter, compared with a R$125-million loss one year earlier, according to the company's results...
http://www.chemweek.com/people_and_business/companies/Braskem-swings-to-a-net-profit_63056.html
August 7, 2014
Taminco today announced a second-quarter profit of $14 million, compared with a loss of $13 million in the year-ago quarter, on sales up 21% year-on-year (YOY), to $370 million...
http://www.chemweek.com/people_and_business/companies/Taminco-beats-estimates-on-solid-amines-results_63058.html
August 7, 2014
Agrium reports net earnings of $625 million for the second quarter, down 15% year-over-year (YOY) with earnings per share of $4.34/share surpassing analyst estimates of $4.11/share, as...
http://www.chemweek.com/people_and_business/companies/Agrium-posts-strong-results-on-improved-retail-business_63054.html
August 7, 2014
CF Industries says net earnings of $312.6 million for the second quarter were down 37% year-over-year (YOY) on sales of $1.5 billion down 12% YOY. Earnings per share of $6.10/share...
http://www.chemweek.com/people_and_business/companies/CF-Industries-sales-earnings-down_63055.html
August 7, 2014
Tronox has reported its second quarter results, posting a narrower adjusted net loss of less than $100,000, compared to an adjusted net loss of $15 million year-over-year (YOY)...
http://www.chemweek.com/people_and_business/companies/Tronox-posts-narrower-loss_63052.html
August 7, 2014
Kraton Performance Polymers today announced that on 6 August, its board of directors withdrew its prior recommendation that Kraton's stockholders approve the merger with the styrenic...
http://www.chemweek.com/people_and_business/companies/Kraton-decides-against-merger-with-LCY-Chemicals-SBC-business_63051.html
August 6, 2014
Rockwood Holdings today reported second-quarter net income from continuing operations up 32.7% year-on-year (YOY), to $34.1 million, or 47 cts/share, on sales up 4.1%, to $362.3...
http://www.chemweek.com/people_and_business/companies/Rockwood-beats-estimates_63025.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of specialty chemical maker MacDermid, has agreed to acquire crop protection chemicals maker Agriphar (Ougree, Belgium)...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-acquires-European-crop-protection-chemicals-maker-Agriphar-for-$400-million_63021.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of MacDermid, posted a narrower net loss of $400,000 in the second quarter compared with a loss of $5.9 million in the...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-Products-reports-income-gain-flat-sales_63020.html
August 6, 2014
Solvay Acetow, a Solvay subsidiary, has signed a worldwide cooperation agreement with Accsys Technologies (Windsor, UK) to develop a solid, high-performance wood registered as Accoya...
http://www.chemweek.com/people_and_business/companies/Solvay-Acetow-Accsys-to-develop-high-performance-wood-Solvay-plans-production-plant_63016.html
August 5, 2014
Orica (Melbourne) says that its board of directors intends to pursue the separation of the company’s chemicals business, either by demerger or sale. The decision follows a...
http://www.chemweek.com/people_and_business/companies/Orica-to-spin-off-or-sell-chemicals-business_63005.html
August 5, 2014
Ashland has agreed to an accelerated share buyback worth $750 million, in which the company will repurchase common stock from Deutsche Bank and JP Morgan. The agreement extends through...
http://www.chemweek.com/people_and_business/companies/Ashland-agrees-to-$750-million-accelerated-share-buyback_63000.html
August 5, 2014
Linde says it has been awarded a $4.3-million grant by the California Energy Commission (CEC) to construct retail hydrogen fueling stations in Northern California. The stations will be...
http://www.chemweek.com/people_and_business/companies/Linde-receives-grant-to-build-more-hydrogen-refueling-stations-in-California_62989.html
August 5, 2014
International Flavors and Fragrances (IFF; New York) today reported second-quarter net income of $110.2 million, up 8% year-over-year (YOY). Reported earningsof $1.35/share in line...
http://www.chemweek.com/people_and_business/companies/IFF-sales-and-earnings-up_62988.html
August 5, 2014
Three former senior executives of Innospec have been jailed and another received a suspended prison sentence in the United Kingdom for bribing Indonesian officials to extend the life...
http://www.chemweek.com/people_and_business/companies/UK-jails-former-Innospec-executives-for-Indonesia-corruption_62980.html
August 4, 2014
Private equity firm Clayton, Dubilier & Rice (CD&R; New York) has closed its $1.8-billion acquisition of Ashland’s water technologies business on Friday, renaming the...
http://www.chemweek.com/people_and_business/companies/Ashland-water-technologies-sale-complete-company-renamed-Solenis_62964.html
August 4, 2014
Sensient Technologies announced today that Dick Hobbs, senior v.p. and CFO of the company since 2000, will retire in February 2015. Hobbs, who joined Sensient in 1973, will be replaced...
http://www.chemweek.com/people_and_business/companies/Sensient-Technologies-CFO-to-retire_62963.html
August 4, 2014
IGM Resins (Charlotte, NC), an ultraviolet inks and coatings firm, has acquired Insight High Technology (IHT; Beijing), a maker of photoinitiators, pharma intermediates, and fine...
http://www.chemweek.com/people_and_business/companies/Arsenals-IGM-Resins-buys-Chinese-firm_62962.html
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