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July 31, 2014
Agrium announced that its potash mine at Vanscoy, Saskatchewan experienced a mechanical failure on its main hoist system. As a result, production has been shut down. Due to the outage...
http://www.chemweek.com/people_and_business/people_executives/Agrium-potash-mine-down-on-mechanical-failure_62874.html
July 31, 2014
Braskem-Idesa, the joint venture implementing the Ethylene XXI project in Mexico, says it has appointed Jorge Barreda Vázquez as its new commercial director effective 1 August...
http://www.chemweek.com/people_and_business/people_executives/Braskem-Idesa-appoints-new-commercial-director-for-Ethylene-XXI-project_62855.html
July 30, 2014
Methane-to-ethylene technology firm Siluria Technologies (San Francisco) announced today that Karl Kurz has been appointed chairman of its board of directors effective 23 June 2014...
http://www.chemweek.com/people_and_business/people_executives/Siluria-elects-former-Anadarko-exec-chairman_62840.html
July 30, 2014
Intrepid Potash today announced its second quarter results, as well as the resigning of its current CFO Dave Honeyfield—effective 29 August. Honeyfield is resigning in order to...
http://www.chemweek.com/people_and_business/people_executives/Intrepid-Potash-reports-earnings-drop-CFO-resigns_62832.html
July 30, 2014
Ferro today announced its second quarter results from continuing operations, and the company now fully recognizes substantially all of its specialty plastics and polymer additives...
http://www.chemweek.com/people_and_business/people_executives/Ferro-earnings-up-as-specialty-plastics-polymer-additives-businesses-discontinue_62833.html
July 30, 2014
Axalta Coating Systems (Philadelphia, PA), a supplier of liquid and powder coatings, announced that Andreas Kramvis, current vice chairman of Honeywell, will join Axalta’s board...
http://www.chemweek.com/people_and_business/people_executives/Axalta-names-Honeywells-Kramvis-to-board_62811.html
July 30, 2014
Cargill has completed the acquisition of Mosaic's salt production business at Hersey, MI, Cargill says. Financial terms of the agreement were not disclosed. In November 2013, Mosaic...
http://www.chemweek.com/people_and_business/people_executives/Cargill-acquires-Mosaics-salt-production-in-Michigan_62808.html
July 30, 2014
Dow Corning announced its results today for its fiscal second quarter, with marked improvement in silicone sales in most geographies. The company says there was also significant growth...
http://www.chemweek.com/people_and_business/people_executives/Dow-Corning-results-up-on-silicone-sales_62807.html
July 30, 2014
The board of Yara International (Oslo) today announced the appointment of Svein Richard Brandtzæg, aged 57, as the company's new president and CEO. He will succeed Jørgen...
http://www.chemweek.com/people_and_business/people_executives/Yara-appoints-new-president-and-CEO_62603.html
July 30, 2014
Mosaic says it plans to discontinue production of muriate of potash (MOP) at its Carlsbad, NM facility. The final date of production is expected to be 31 December, according to...
http://www.chemweek.com/people_and_business/people_executives/Mosaic-to-end-MOP-production-at-New-Mexico-facility_62667.html
July 29, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, says that Gordon Sangster has agreed to join Codexis as senior v.p. and...
http://www.chemweek.com/people_and_business/people_executives/Codexis-appoints-new-CFO_62765.html
July 28, 2014
BP has announced that Iain Conn, group managing director and chief executive/downstream, is leaving the company and is to step down from BP’s board by the end of the year. Conn...
http://www.chemweek.com/people_and_business/people_executives/BP-names-replacement-for-chief-executivedownstream_62740.html
July 28, 2014
Compass Minerals today reported its second-quarter results, posting a loss of $700,000 in earnings, down from a $10.6-million gain year-on-year (YOY). An earnings per share loss of 2...
http://www.chemweek.com/people_and_business/people_executives/Compass-Minerals-reports-loss-on-weak-salt_62744.html
July 25, 2014
Sensient Technologies (Milwaukee) says that net income for the quarter fell 10% year-on-year (YOY) because of $13 million in restructuring costs. The company says that adjusted operating income increased by 11%, to$61.2 million. Sales were down 1% YOY, to $374.7 million. Reported adjusted earnings 81 cts/share rose 10% YOY and were above analyst estimates of 79 cts/share, according to Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/people_executives/Sensient-earnings-drop-on-restructuring-charges_62719.html
July 25, 2014
ACC today released its global chemical regional production index, showing a flat measurement over June for the second month in a row on a three-month moving average basis...
http://www.chemweek.com/people_and_business/people_executives/ACC-global-production-index-flat-for-second-month_62720.html
July 24, 2014
Airgas today reported fiscal first-quarter 2015 net earnings of $88.9 million, up 5% year-on-year (YOY), on sales up 3% YOY, to $1.3 billion. Sales growth can be attributed to...
http://www.chemweek.com/people_and_business/people_executives/Airgas-earnings-up-5-percent_62695.html
July 24, 2014
PotashCorp reported its second quarter results today—showing strong segment results, though, overall trailing behind the same quarter 2013. Net income dropped 26% YOY, to $472...
http://www.chemweek.com/people_and_business/people_executives/PotashCorp-earnings-down-YOY-but-above-guidance_62697.html
July 24, 2014
Linde announced today that it has signed a contract to supply liquid oxygen, nitrogen and argon to Conroe Welding Supply (Conroe, TX)—an independent distributor that serves the...
http://www.chemweek.com/people_and_business/people_executives/Linde-to-supply-gases-to-Texas-welding-distributor_62698.html
July 23, 2014
Air Products chairman and CEO Seifi Ghasemi, who took the helm of the company on 1 July, says that a focus cash generation and improved capital allocation will drive company strategy....
http://www.chemweek.com/people_and_business/people_executives/New-Air-Products-CEO-says-emphasis-on-cash-and-capital-allocation-to-guide-strategy_62682.html
July 23, 2014
Praxair posted second net income of $467 million, up 5% year-over year (YOY). Reported earnings of $1.58/share were up 5% YOY but 1 ct below analyst estimates as reported by...
http://www.chemweek.com/people_and_business/people_executives/Praxair-net-income-up-5-percent_62664.html
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