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February 3, 2015
Almac (Craigavon, UK), a privately-owned contract development and manufacturing pharmaceutical services group, has announced a $7 million investment in in the area of biocatalyst...
http://www.chemweek.com/people_and_business/companies/Almac-Group-to-invest-$7-million-in-biocatalysis-in-Northern-Ireland_67454.html
February 3, 2015
Dow says gross proceeds from both divestitures will total more than $1.4 billion. Separately, Dow announced 31 January that it has completed its acquisition of Coodetec’s seed business, a leading supplier of corn and soybean genetics in Brazil. Coodetec also provides Dow with entry in the wheat market in Brazil....
http://www.chemweek.com/people_and_business/companies/Dow-finalizes-sale-of-Angus-and-sodium-borohydride-completes-Brazil-seeds-acquisition_67446.html
February 2, 2015
The United Steelworkers Union—which represents unionized workers at 230 US refineries, chemical plants, pipelines, and terminals—called a strike on 1 February at nine US refineries and chemical plants after failing to reach an agreement for a new three-year labor contract by that day's deadline....
http://www.chemweek.com/people_and_business/companies/USW-calls-strike-at-nine-US-refineries-and-chemical-plants_67417.html
January 30, 2015
ICL (Tel Aviv) on Thursday inaugurated its new operational headquarters and European shared services center at Amsterdam. The inauguration ceremony was attended by Dutch prime minister...
http://www.chemweek.com/people_and_business/companies/ICL-opens-European-HQ-and-shared-services-center-at-Amsterdam_67351.html
January 30, 2015
Composite materials supplier Gurit (Zurich) today report preliminary net sales of 335.8 million Swiss francs ($367 million) in full-year 2014, compared with SF281.1 million in the...
http://www.chemweek.com/people_and_business/companies/Gurit-reports-sales-of-$367-million-for-full-year-2014-up-nearly-20-percent_67366.html
January 30, 2015
BP is the latest oil company to announce layoffs this week as a result of declining prices. The company says there have been staff reductions at its US headquarters in Houston, and...
http://www.chemweek.com/people_and_business/companies/BP-confirms-layoffs-at-US-headquarters_67337.html
January 29, 2015
Groups are advocating, and governments are considering, changes to recycling policy to increase recycling rates in the US, according to a panel discussion on packaging held yesterday...
http://www.chemweek.com/people_and_business/companies/ACI-2015-Groups-governments-consider-changes-to-recycling-policies_67340.html
January 29, 2015
Royal Dutch Shell says that it is curtailing its group-wide investment by $15.0 billion over the next three years because of falling oil prices. Organic investment is expected to be...
http://www.chemweek.com/people_and_business/companies/Shell-to-curtail-spending-by-$15-billion-over-next-three-years-chemical-earnings-slide-on-Moerdijk-shutdowns_67308.html
January 29, 2015
SGL Carbon (Wiesbaden, Germany) has announced preliminary results for fiscal 2014, describing the year as “challenging.” Group Ebit “declined substantially”...
http://www.chemweek.com/people_and_business/companies/SGL-Carbon-expects-substantial-net-loss-of-about-$284-million-for-2014_67306.html
January 29, 2015
Sherwin-Williams (SW) today reported fourth-quarter net income up 14.3% year-on-year (YOY), to $132.7 million, on sales up 4.6%, to $2.57 billion. Earnings totaled $1.37/share...
http://www.chemweek.com/people_and_business/companies/Sherwin-Williams-earnings-rise-but-miss-estimates_67317.html
January 28, 2015
Albemarle today reported a fourth-quarter net loss of $18.5 million, or 24 cts/share, compared with a profit of $155.9 million in the year-ago quarter. Net sales declined 6.4%...
http://www.chemweek.com/people_and_business/companies/Albemarle-earnings-fall-short-of-estimates-on-lower-sales_67289.html
January 28, 2015
Cepsa Química (Madrid), a Cepsa subsidiary,  is mulling the sale of two of its petrochemical facilities, according to local press reports. One plant is near Cádiz...
http://www.chemweek.com/people_and_business/companies/Reports-Cepsa-considers-selling-some-PTA-and-other-assets_67237.html
January 28, 2015
The attractiveness of Germany as a location for small- and medium-sized enterprises (SME) in the chemical industry has deteriorated during the last five years, according to the results...
http://www.chemweek.com/people_and_business/companies/Report-Germany-has-become-less-attractive-as-location-for-SMEs_67272.html
January 27, 2015
Cytec today reported a fourth-quarter net loss of $29.3 million, or 41 cts/share, compared with a profit of $59.4 million in the year-ago quarter. Sales from continuing operations rose...
http://www.chemweek.com/people_and_business/companies/Cytec-beats-estimates-but-earnings-hit-by-accounting-adjustment_67253.html
January 27, 2015
Matrica (Novara, Italy), a 50-50 joint venture between Novamont (Novara) and Versalis (Milan), has signed an agreement with  Coldiretti (Roma) and Consorzi Agrari d’Italia...
http://www.chemweek.com/people_and_business/companies/Matrica-signs-agroindustrial-supply-chain-agreement_67238.html
January 26, 2015
Ashland today reported fiscal first-quarter net income from continuing operations down 55% year-on-year (YOY), to $40 million, or 57 cts/share, on sales that were roughly flat at $1.4...
http://www.chemweek.com/people_and_business/companies/Ashland-earnings-fall-on-elastomers-sale-charge-but-beat-estimates_67226.html
January 26, 2015
The Swiss National Bank’s (Bern) recent decision to remove the peg between the Swiss franc and the euro—resulting in a rapid strengthening in the Swiss currency’s...
http://www.chemweek.com/people_and_business/companies/Moodys-Removal-of-cap-on-Swiss-franc-will-hurt-Switzerland-based-chemical-firms-earnings_67223.html
January 26, 2015
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) began a planned 29-day maintenance turnaround at the company's Sohar, Oman, refinery late yesterday, according to a...
http://www.chemweek.com/people_and_business/companies/Report-Orpic-starts-29-day-turnaround-at-Sohar-refinery_67211.html
January 26, 2015
Phosphate fertilizer producer MBAC Fertilizer (Toronto) has put its Itafós Arraias, Brazil, operations into minimum production mode to conserve working capital because now is...
http://www.chemweek.com/people_and_business/companies/Brazil-fertilizer-producer-ponders-mothballing-operations-partnering-or-divesting-assets_67204.html
January 23, 2015
Hardide Coatings (Bicester, UK), a maker of industrial surface coatings, is investing $7.0 million to build a new plant at an enterprise zone in Martinsville, VA. The company has...
http://www.chemweek.com/people_and_business/companies/Hardide-Coatings-to-build-plant-in-Virginia_67174.html
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