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August 12, 2014
Valspar says that net income for the quarter ended 25 July was $97.8 million, up 4% year-on-year (YOY). Reported earnings of $1.14/share dipped slightly below analyst estimates of...
http://www.chemweek.com/regions/north_america/Valspar-results-up-on-strength-in-coatings_63127.html
August 12, 2014
Mepron helps dairy cows produce more milk without additional crude protein in their feed. Evonik Industries announced on 12 August that it will construct a methionine production plant...
http://www.chemweek.com/regions/north_america/Evonik-to-build-amino-acid-production-unit-at-Mobile-AL_63130.html
August 12, 2014
The president of Mexico, Enrique Peña Nieto, has signed the country's energy reform bill into law, the president's office says. The law preserves and guarantees state ownership...
http://www.chemweek.com/regions/north_america/Mexico-passes-energy-reform_63120.html
August 11, 2014
Kinder Morgan, Inc. (KMI) announced today that it is buying out its two master limited partnerships (MLPs) – Kinder Morgan Energy Partners (KMP) and El Paso Pipeline Partners...
http://www.chemweek.com/regions/north_america/Kinder-Morgan-to-buy-out-its-MLPs-in-$71-billion-deal_63115.html
August 11, 2014
BP says that a fire has resulted in the shutdown of one of its one of the purified terephthalic acid (PTA) production units at its Cooper River site in Charleston, SC. The...
http://www.chemweek.com/regions/north_america/BPs-Cooper-River-PTA-unit-suffers-fire_63114.html
August 11, 2014
FMC announced today that it has signed an agreement to jointly develop and distribute organic acid soil and plant health products for Actagro (Biola, CA) in Asia. Actagro’s full...
http://www.chemweek.com/regions/north_america/FMC-to-distribute-soil-and-plant-health-product-line-in-Asia_62976.html
August 11, 2014
Kraton Performance Polymers today announced that on 8 August, it received notice from LCY Chemical (Taipei) that LCY has terminated their merger agreement following the Kraton board's...
http://www.chemweek.com/regions/north_america/us/LCY-terminates-merger-agreement-with-Kraton_63104.html
August 8, 2014
Calgon Carbon today reported earnings up 17.2% year-on-year (YOY), to $15.2 million, or 28 cts/share, on sales up 3.3%, to $145.1 million. Earnings totaled 28 cts/share, matching...
http://www.chemweek.com/regions/north_america/Calgon-Carbon-earnings-rise-on-higher-sales_63088.html
August 8, 2014
ExxonMobil Chemical says that it has appointed Damon Davis as v.p./global synthetic fluids and lubricant base stocks business. Davis replaces Russ Green, who has been appointed...
http://www.chemweek.com/regions/north_america/us/ExxonMobil-Chemical-appoints-new-headsynthetic-fluids-and-lubricant-base-stocks_63077.html
August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/regions/north_america/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 8, 2014
Kronos Worldwide (Dallas) reports second-quarter income of $33.1 million, reversing a year-ago loss of $33.9 million. Sales declined 8% year-over-year (YOY), to $443.5 million, the result of lower prices and volumes, the company says. Earnings per share totaled 29 cts....
http://www.chemweek.com/regions/north_america/Kronos-swings-to-$33-million-profit-on-lower-costs_63072.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/regions/north_america/Minerals-Technologies-beats-estimates_63076.html
August 7, 2014
Toyobo will establish a company in Mexico in October, to carry out sales and marketing activities, the company announced. The new company will work to expand sales in the functional...
http://www.chemweek.com/regions/north_america/Toyobo-to-establish-sales-and-marketing-presence-in-Mexico-for-engineering-polymers_63057.html
August 7, 2014
Taminco today announced a second-quarter profit of $14 million, compared with a loss of $13 million in the year-ago quarter, on sales up 21% year-on-year (YOY), to $370 million...
http://www.chemweek.com/regions/north_america/Taminco-beats-estimates-on-solid-amines-results_63058.html
August 7, 2014
Agrium reports net earnings of $625 million for the second quarter, down 15% year-over-year (YOY) with earnings per share of $4.34/share surpassing analyst estimates of $4.11/share, as...
http://www.chemweek.com/regions/north_america/Agrium-posts-strong-results-on-improved-retail-business_63054.html
August 7, 2014
CF Industries says net earnings of $312.6 million for the second quarter were down 37% year-over-year (YOY) on sales of $1.5 billion down 12% YOY. Earnings per share of $6.10/share...
http://www.chemweek.com/regions/north_america/CF-Industries-sales-earnings-down_63055.html
August 7, 2014
Koppers Holdings (Pittsburgh, PA) says lower volumes and prices reduced both sales and income for the second quarter. Net income totaled $1.6 million, down 89% year-over-year (YOY) from $14.7 million, while sales totaled $356.8 million, a 4% YOY decline. Adjusted earnings totaled $8.1 million, or 39 cts/share, down 44% YOY and short of the analysts’ consensus estimate of 61 cts/share....
http://www.chemweek.com/regions/north_america/Koppers-income-drops-89-percent-YOY-on-volume-prices_63053.html
August 7, 2014
Tronox has reported its second quarter results, posting a narrower adjusted net loss of less than $100,000, compared to an adjusted net loss of $15 million year-over-year (YOY)...
http://www.chemweek.com/regions/north_america/Tronox-posts-narrower-loss_63052.html
August 7, 2014
Kraton Performance Polymers today announced that on 6 August, its board of directors withdrew its prior recommendation that Kraton's stockholders approve the merger with the styrenic...
http://www.chemweek.com/regions/north_america/us/Kraton-decides-against-merger-with-LCY-Chemicals-SBC-business_63051.html
August 7, 2014
Borealis announced today that it has signed a 10-year agreement with Antero Resources (Denver, CO) to supply ethane from the United States for its flexible steam cracker at...
http://www.chemweek.com/regions/north_america/Borealis-to-import-ethane-from-the-US-to-feed-ethylene-plant-in-Sweden_63046.html
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