IHS Chemical Week

Archives :: Regions :: North America :: U.S.

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April 30, 2015
DuPont and textile company Kolon Industries (Gyeonggi-Do, South Korea) today reached an agreement settling a legal dispute over Kolon’s alleged infringement of DuPont’s...
http://www.chemweek.com/regions/north_america/us/DuPont-Kolon-settle-Kevlar-trade-secrets-case_70001.html
April 30, 2015
Air Products reports net income of $290 million for the quarter ended 31 March, up 2% year-on-year (YOY). Earnings gains in the Americas, Asia, and performance material offset the impact of weaker European results and negative currency impacts. Sales of $2.4 billion were down 6% YOY. The company says reported adjusted earnings were $1.55/share, up 17% YOY and line with analyst estimates....
http://www.chemweek.com/regions/north_america/us/Air-Products-net-income-up-2-percent-as-stronger-materials-and-Asia-results-offset-currency-impact_69976.html
April 30, 2015
Westlake Chemical Partners (Westlake Partners; Houston) has acquired approximately 2.7% of additional limited partner interest in Westlake Chemical OpCo (OpCo) for approximately $135...
http://www.chemweek.com/regions/north_america/us/Westlake-Partners-increases-interest-in-cracker-pipeline-affiliate-establishes-credit-facility_69970.html
April 30, 2015
Quaker Chemical has announced net sales of $181.3 million in first-quarter 2015 compared with $181.7 million in first-quarter 2014. Year-on-year (YOY) volume growth, including...
http://www.chemweek.com/regions/north_america/us/Quaker-Chemical-volumes-grow-but-sales-Ebitda-fall-on-foreign-currency-effects_69966.html
April 30, 2015
Trecora Resources (Sugar Land, TX) has announced revenue of $55.1 million in first-quarter 2015, compared with $64.1 million in the year-ago quarter, a decrease of 14% year-on-year...
http://www.chemweek.com/regions/north_america/us/Trecora-Resources-reports-improved-profitability-on-lower-sales-in-first-quarter_69974.html
April 30, 2015
OM Group has reported a first-quarter net loss of $11.0 million, or 36 cts/share compared with a profit of $5.2 million in the year-ago quarter. Sales declined 5.3% year-on-year (YOY)...
http://www.chemweek.com/regions/north_america/us/OM-Group-swings-to-loss-on-restructuring-charges_69988.html
April 30, 2015
CO2 Solutions (Quebec City) has presented the results of pilot testing of its carbon capture process, completed in January 2015. The company says that the detailed results presented...
http://www.chemweek.com/regions/north_america/us/CO2-Solutions-presents-results-of-carbon-dioxide-capture-testing-beats-DOE-cost-target-10-years-ahead-of-schedule_69987.html
April 30, 2015
Phillips 66 reports that its chemicals segment, a 50% equity investment in Chevron Phillips Chemical (CPChem; The Woodlands, TX), turned in first-quarter earnings of $203 million, down 36% year-over-year (YOY) from $316 million. The company also described progress on capital projects....
http://www.chemweek.com/regions/north_america/us/CPChem-earnings-down-36-percent-YOY_69984.html
April 30, 2015
LyondellBasell told analysts at an investor meeting in New York on 29 April that announced expansion projects have the potential add $1.5 billion in incremental earnings before interest, taxes, depreciation and amortization (Ebitda) once completed in 2019 based on current market economics....
http://www.chemweek.com/regions/north_america/us/LyondellBasell-says-projects-will-add-$1-5-billion-in-Ebitda-by-2019_69986.html
April 30, 2015
Proxy advisory firm Glass Lewis (San Francisco) has backed Trian founder and CEO Nelson Peltz in his bid for a seat on DuPont’s board of directors. Trian, which owns a...
http://www.chemweek.com/regions/north_america/us/Glass-Lewis-backs-Peltz-in-bid-for-DuPont-board-seat_69985.html
April 30, 2015
Kraton Performance Polymers reports a first-quarter net loss of $9.5 million, down from a net loss of $7.9 million in the year-ago period. Revenue fell 16% year-over-year (YOY) to $261.4 million. Adjusted earnings more than doubled YOY, to $49.2 million, or 76 cents/share, versus 33 cts/share in the year-ago period....
http://www.chemweek.com/regions/north_america/us/Kraton-reports-first-quarter-earnings-gains-on-butadiene-costs-net-loss-widens_69979.html
April 30, 2015
ExxonMobil reports first-quarter earnings for its chemical segment of $982 million, down 6% year-over-year (YOY) from $1.047 billion. Weaker results in the United States, where earnings declined 11%, to $605 million, more than offset stronger results abroad, where earnings increased 2.4%, to $377 million....
http://www.chemweek.com/regions/north_america/us/ExxonMobil-chemical-earnings-down-on-weaker-US-results_69977.html
April 30, 2015
Toray Industries today announced that it has established a new, wholly owned subsidiary based at Neu-Isenburg, Germany. The new company, Toray Resins Europe (TREU), was established...
http://www.chemweek.com/regions/north_america/us/Toray-establishes-subsidiary-in-Germany-expands-technical-center-in-US_69959.html
April 30, 2015
Airgas today reported fiscal fourth-quarter net earnings down 0.8% year-on-year (YOY), to $87.7 million, on sales up 2.4%, to $1.30 billion. Adjusted earnings totaled $1.15/share...
http://www.chemweek.com/regions/north_america/us/Airgas-earnings-meet-reduced-guidance_69982.html
April 30, 2015
PotashCorp reports net income up 8.8% year-on-year (YOY), to $370 million, but lowered its full-year outlook as results did not meet expectations and higher provincial potash taxes are...
http://www.chemweek.com/regions/north_america/us/PotashCorp-misses-estimates-lowers-outlook_69981.html
April 30, 2015
Cargill says it has acquired the fermentation-based processes and systems of OPX Biotechnologies (OPXBio), a Boulder, CO-based industrial biotechnology firm. Financial terms were not...
http://www.chemweek.com/regions/north_america/us/Cargill-acquires-OPX-Biotechnologies-fermentation-technology-UPDATED_69947.html
April 30, 2015
EuroChem (Zug, Switzerland), a leading producer of fertilizers and fertilizer raw materials, today unveiled a new project to invest in a phosphate ore processing facility at Kovdor, on...
http://www.chemweek.com/regions/north_america/us/EuroChem-launches-new-phosphate-raw-material-project-outlines-strategy_69883.html
April 29, 2015
Ashland today reported fiscal second-quarter earnings from continuing operations of $95 million, or $1.39/share, compared with a loss of $61 million in the year-ago quarter. Sales...
http://www.chemweek.com/regions/north_america/us/Ashland-earnings-rise-on-higher-margins_69952.html
April 29, 2015
Ferro announced today it has agreed to acquire Nubiola Pigmentos (Barcelona), a maker of specialty inorganic pigments, for €146 million ($162.3 million). Nubiola is the...
http://www.chemweek.com/regions/north_america/us/Ferro-to-acquire-Spanish-pigments-firm_69950.html
April 29, 2015
Ferro today reported first-quarter net income down 36% year-on-year (YOY), to $11.0 million, on net sales down 6.4%, to $262.8 million. Adjusted earnings, which exclude results in from...
http://www.chemweek.com/regions/north_america/us/Ferro-beats-estimates-despite-lower-sales_69951.html
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