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December 17, 2012
Ashland's water technologies business is increasing prices by up to 15% on some of its products within its process and water treatment additives portfolio in North America due to...
http://www.chemweek.com/people_and_business/earnings_finance/Ashland-water-technologies-increases-prices_48428.html
December 17, 2012
Macroeconomic status Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Consumer debt up 6.2%; up 6.0% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-14-December-2012_48427.html
December 14, 2012
Oxea announced several price increases effective 1 January. In North America, i/n butanol, i/n butyl acetate and n butyraldehyde will increase by 5 cts/lb—i/n butanol to...
http://www.chemweek.com/people_and_business/earnings_finance/Oxea-announces-global-price-increases_48400.html
December 14, 2012
Kemira says it will include one-off charges totaling €71 million in its fourth-quarter 2012 accounts, more than previously announced. The figure includes €27 million in...
http://www.chemweek.com/people_and_business/earnings_finance/Kemira-to-include-higher-one-off-charges-in-the-fourth-quarter-because-of-accelerated-restructuring_48394.html
December 14, 2012
Ampac Fine Chemicals (AFC; Rancho Cordova, CA), a subsidiary of American Pacific Corp. (Las Vegas), recorded an operating profit of about $3.9 million in its fiscal fourth quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Ampac-Fine-Chemicals-reports-operating-profits_48388.html
December 13, 2012
Eastman Chemical executives expect to maintain double-digit annual earnings growth through 2015 as the company capitalizes on its portfolio transformation to primarily specialty...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-forecasts-double-digit-earnings-growth-through-2015_48320.html
December 13, 2012
Rockwood and Talison Lithium have agreed to terminate their merger agreement, under which Rockwood was to acquire Talison for C$724 million ($730 million), or C$6.50/share. Talison...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-and-Talison-Lithium-terminate-merger_48334.html
December 13, 2012
US chemical output excluding pharmaceuticals is expected to improve modestly in 2013 with a 1.9% advance, up from a 1.5% gain this year, according to ACC’s Year-End 2012...
http://www.chemweek.com/people_and_business/earnings_finance/ACC-forecasts-US-chemicals-growth-of-1-9-percent-in-2013_48297.html
December 11, 2012
DuPont said today that it expects full-year 2012 earnings from continuing operations to be at the high end of previous guidance of $3.25 -$3.30/share. The company forecast “2013...
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-maintains-2012-forecast-growth-next-year-to-be-diluted-by-TiO2_48287.html
December 11, 2012
FMC says it is on track to meet or exceed the company’s 2015 targets for sales, Ebit and return on invested capital (ROIC), the company said at its investor day today. The...
http://www.chemweek.com/people_and_business/earnings_finance/FMC-on-track-to-exceed-2015-revenue-goal_48288.html
December 11, 2012
Private equity firms Uni-World Capital (New York) and Brightwood Capital Advisors (New York) have acquired phosgene maker VanDeMark Chemical (Lockport, NY) from Buckingham Capital (New...
http://www.chemweek.com/people_and_business/earnings_finance/VanDeMark-Chemical-changes-owners_48273.html
December 10, 2012
MACROECONOMIC STATUS Our running tab of positive indicators rose to 15 out of 20 this week. Thus, we continue to post a green banner, though one with a distinctly yellowish tint...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-Economic-Outlook-for-the-week-ended-7-December-2012_48243.html
December 10, 2012
Enzymes firm Verenium (Cambridge, MA) says it has secured $22.5 million in debt financing from the Athyrium Opportunities Fund to advance its pipeline and expand its manufacturing...
http://www.chemweek.com/people_and_business/earnings_finance/Verenium-secures-$22-million-in-financing_48238.html
December 7, 2012
China’s Chengdu Tianqi Industry Group (Tianqi; Tianqi, China) has reached an agreement with Talison Lithium (Perth, Australia) to purchase Talison for C$847 million ($855...
http://www.chemweek.com/people_and_business/earnings_finance/Talison-Lithium-accepts-bid-from-Tianqi-jeopardizing-Rockwood-deal_48188.html
December 7, 2012
KMG Chemicals (Houston), a specialty chemicals producer, reported a drop in sales and a slight increase in earnings for its fiscal first quarter, ended 31 October. The company says net...
http://www.chemweek.com/people_and_business/earnings_finance/KMG-net-income-rises-17-percent-on-strong-electronics_48213.html
December 4, 2012
TPC Group is issuing $655 million in senior secured bonds in a private placement, in connection with its $850-million buyout by private equity firms First Reserve (Houston) and SK...
http://www.chemweek.com/people_and_business/earnings_finance/TPC-Group-issuing-$655-million-in-bonds_48144.html
December 4, 2012
Imerys has announced a price increase for kaolin, effective 1 January. Kaolin is produced in the United States and Brazil, including calcined kaolin products, will increase by...
http://www.chemweek.com/people_and_business/earnings_finance/Imerys-increases-kaolin-prices_48138.html
December 3, 2012
Innospec and private equity firm Blackstone Capital Partners (New York) have dropped their $47.50/shre bid for TPC Group, Innospec says. The move clears the way for TPC to go ahead...
http://www.chemweek.com/people_and_business/earnings_finance/Innospec-drops-TPC-Group-bid_48091.html
December 3, 2012
Momentive Specialty Chemicals is increasing its prices for phenolic resins by €200–300/m.t., depending on the product, and €120/m.t. for phenolic molding compounds in...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-Specialty-Chemicals-increases-prices_48093.html
November 30, 2012
Novacyl (Robbinsville, NJ) says it is increasing prices for its pharmaceutical and flavor and fragrances products, effective 1 January. The product line—including acetaminophen...
http://www.chemweek.com/people_and_business/earnings_finance/Novacyl-increases-flavor-and-fragrances-prices_48071.html
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