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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
July 21, 2014
Air Liquide announced today that it has signed an agreement with Natgasoline (Beaumont, TX), a wholly owned subsidiary of OCI (Sittard, Netherlands), to supply oxygen for...
http://www.chemweek.com/people_and_business/people_executives/Air-Liquide-to-provide-ASU-to-planned-OCI-methanol-plant_62612.html
July 18, 2014
Honeywell says that profit in its performance materials and technologies (PMT) segment  was $475 million, up 8% from the prior year. Segment revenue rose 6% year-on-year...
http://www.chemweek.com/people_and_business/people_executives/Honeywell-posts-stronger-performance-materials-earnings_62590.html
July 18, 2014
EuroChem (Moscow), a top-10 fertilizer company globally, has announced the appointment of Terje Bakken as head/marketing and sales. Bakken will report to EuroChem CEO Dmitry Strezhnev...
http://www.chemweek.com/people_and_business/people_executives/Former-Yara-executive-to-join-EuroChem-management-board_62585.html
July 18, 2014
Elemental Minerals (Perth, Australia), a mineral exploration company whose primary asset is the Sintoukola potash project in the Republic of the Congo, has announced that John Sanders...
http://www.chemweek.com/people_and_business/people_executives/Elemental-Minerals-appoints-new-managing-director_62581.html
July 17, 2014
PPG Industries has named Michael McGarry, current executive v.p., as COO, effective 1 August. McGarry will have responsibility for all of PPG’s strategic business units and...
http://www.chemweek.com/people_and_business/people_executives/PPG-names-McGarry-as-COO_62512.html
July 17, 2014
Praxair announced today that it has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co. (Nanjing, East China)—a joint venture...
http://www.chemweek.com/people_and_business/people_executives/Praxair-signs-ASU-deal-with-Huntsman-Jinling-jv_62508.html
July 16, 2014
CF Industries announced today that it has restarted its operating units at its Woodward, OK, nitrogen complex. The company shut down production there on 21 April to address an...
http://www.chemweek.com/people_and_business/people_executives/CF-Industries-resumes-production-at-Oklahoma-nitrogen-complex_62483.html
July 16, 2014
3M announced today that it will acquire Sumitomo Electronic’s 25% stake in its Japanese subsidiary Sumitomo 3M for ¥90 billion ($885 million). Upon completing the...
http://www.chemweek.com/people_and_business/people_executives/3M-to-acquire-Sumitomo-Electronics-25-percent-stake-in-Japanese-subsidiary_62479.html
July 16, 2014
Praxair says that it will expand its industrial gas facilities at Kirtland, NM. The expansion will include a new nitrogen plant that will increase production capacity this year, the...
http://www.chemweek.com/people_and_business/people_executives/Praxair-increases-nitrogen-production-at-New-Mexico-plant_62478.html
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