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December 16, 2014
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Select Chemicals Ltd. (Yorktown, TX), a maker of production chemicals for oil and gas operations in...
http://www.chemweek.com/people_and_business/earnings_finance/WadeCo-acquires-Texas-based-oil-production-chemicals-maker_66207.html
December 15, 2014
Sherwin-Williams (SW) today narrowed its full-year 2014 adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are...
http://www.chemweek.com/people_and_business/earnings_finance/Sherwin-Williams-narrows-guidance-details-Lowes-program_66154.html
December 15, 2014
Export Development Canada (EDC; Ottawa) is acting as lead arranger in a $3.30-billion dollar debt financing consortium to Socar Turkey Aegean Refinery (Star; Istanbul) project in...
http://www.chemweek.com/people_and_business/earnings_finance/Canadas-export-credit-agency-lead-arranger-in-$3-30-billion-financing-for-Turkey-refinery-petchems-project_66180.html
December 15, 2014
Berkshire Hathaway (Omaha, NE) has acquired Charter Brokerage (New York), a provider of trade services and customs drawback logistics to the oil and chemical industries, from private...
http://www.chemweek.com/people_and_business/earnings_finance/Berkshire-Hathaway-buys-trade-services-firm-from-Arsenal_66186.html
December 11, 2014
US Bankruptcy Court in Delaware has approved the restructuring plan for RPM subsidiary Bondex, a maker of pigments, metal coatings, cleaning products and a variety of construction...
http://www.chemweek.com/people_and_business/earnings_finance/Court-approves-Bondex-restructuring-plan_66086.html
December 11, 2014
Sibur Holding (Moscow), an integrated gas processing and petrochemical company, today published its results for the nine months ended 30 September 2014. Revenue was up 33% to 263.9...
http://www.chemweek.com/people_and_business/earnings_finance/Sibur-reports-strong-results-following-completion-of-large-projects_66076.html
December 10, 2014
KMG Chemicals today reported fiscal 2015 first-quarter net income down 12% year-on-year (YOY), to $1.19 million, on sales down 3%, to $90.8 million. Adjusted net income rose 14%, to...
http://www.chemweek.com/people_and_business/earnings_finance/KMG-Chemicals-earnings-decline-on-lower-sales_66067.html
December 10, 2014
Former Solutia chairman and CEO Jeffry Quinn, currently founder and managing member of Quinpario Partners (New York), will be launching a capital management firm – called...
http://www.chemweek.com/people_and_business/earnings_finance/Quinn-to-launch-capital-management-firm_66037.html
December 9, 2014
Total Energy Ventures (TEV), the venture capital arm of Total, announced today that it is making an undisclosed investment in Solidia Technologies, a Piscataway, NJ-based firm with a...
http://www.chemweek.com/people_and_business/earnings_finance/Total-invests-in-NJ-based-sustainable-cement-firm_66008.html
December 9, 2014
Victrex (Thornton Cleveleys, UK), a producer of high-performance polymers, including poly(ether ether ketone) (PEEK), today announced its preliminary results for the financial year...
http://www.chemweek.com/people_and_business/earnings_finance/Victrex-reports-higher-sales-and-earnings-gives-update-on-new-PEEK-plant_65984.html
December 9, 2014
Activist hedge fund Barrington Capital (New York) today continued its campaign against Omnova management by nominating three directors to the company’s board, to stand at...
http://www.chemweek.com/people_and_business/earnings_finance/Activist-hedge-fund-nominates-three-Omnova-directors_65996.html
December 8, 2014
The New Zealand Superannuation Fund (NZ Super Fund) has made a $60-million equity investment in LanzaTech (Chicago) as part of a Series D round of funding that raised $112.6 for the...
http://www.chemweek.com/people_and_business/earnings_finance/New-Zealand-invests-$60-million-in-LanzaTech_65977.html
December 8, 2014
Production of chemicals in Germany increased by 1.5% in 2014, compared with last year, says chemical trade association VCI (Frankfurt). The increase in demand for chemicals was...
http://www.chemweek.com/people_and_business/earnings_finance/VCI-German-chemical-production-up-1-5-percent-in-2014-"moderate-upward-trend"-expected-in-2015_65962.html
December 5, 2014
Eastman announced today that its board of directors has approved a quarterly cash dividend increase of 14%, to 40 cts/share on the company’s common stock—payable 2 January...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-announces-dividend-increase_65929.html
December 5, 2014
The board of directors at Ecolab has declared a 20% increase in the company’s quarterly cash dividend, to 33 cts/share, to be paid on 15 January to all shareholders on record at...
http://www.chemweek.com/people_and_business/earnings_finance/Ecolab-increases-dividend-20-percent_65928.html
December 5, 2014
Office Chérifien des Phosphates (OCP; Casablanca) reports 11.6 billion Moroccan dirhams ($1.30 billion) in revenue during the third quarter, up 13%  from DH10.2 billion one...
http://www.chemweek.com/people_and_business/earnings_finance/Moroccos-OCP-posts-third-quarter-revenue-up-13-percent-on-higher-pricing-volume_65922.html
December 3, 2014
Activist hedge fund Barrington Capital (New York) today released a letter calling on Omnova Solutions to sell its $245-million engineered surfaces business and criticizing the...
http://www.chemweek.com/people_and_business/earnings_finance/Activist-hedge-fund-urges-Omnova-to-sell-engineered-surfaces_65811.html
December 2, 2014
Capital Southwest (Dallas), an investment holding company, today announced plans to split into two publicly-traded entities – one in specialty chemicals and industrial products, and one in finance....
http://www.chemweek.com/people_and_business/earnings_finance/Investment-firm-Capital-Southwest-to-spin-off-specialty-chemical-assets_65781.html
December 2, 2014
Private equity firm SK Capital (New York) – a boutique investor with a major focus on chemicals – this morning completed a new, $1-billion funding round, the firm’s...
http://www.chemweek.com/people_and_business/earnings_finance/SK-Capital-raises-$1-billion-fund-update_65772.html
November 27, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, has revised its earnings and sales forecasts for the full fiscal year ending 31 March 2015. Mitsubishi expects to...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsubishi-Chemical-upgrades-earnings-and-sales-projections_65711.html
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