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Archives :: Chemical Week Magazine :: Business & Finance
Displaying 1 - 20 of 3993 stories.
May 21, 2013
Air Products says it has has successfully begun operating its carbon recovery project at Port Arthur, TX, as a part of a Department of Energy’s (DOE) demonstration project that will capture about 1 million tons of carbon dioxide (CO2) annually....http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-begins-operating-DOE-carbon-capture-project_52135.html May 21, 2013
Financial results from commodity and diversified firms continue to reflect persistent weakness in the global economy, although expanding ethylene margins have helped many stave off...http://www.chemweek.com/sections/business_finance/usa_americas/First-quarter-profits-pressured-despite-strong-ethylene-margins_52111.html May 21, 2013
Lanxess says its Rhein Chemie (Mannheim, Germany) subsidiary has opened a previously announced new facility for high-performance curing bladders, which are used in the production of...http://www.chemweek.com/sections/business_finance/usa_americas/Lanxess-opens-production-facility-for-curing-bladders_52110.html May 21, 2013
The US Department of Agriculture (USDA) says it is extending its regulatory review of two genetically modified seeds in order to evaluate the impact of increased use of the associated herbicides, a move that delays the commercial launch of potentially blockbuster product lines for Dow AgroSciences and Monsanto....http://www.chemweek.com/sections/business_finance/usa_americas/USDA-orders-additional-review-of-Dow-Monsanto-traits_52108.html May 21, 2013
Ferro has reached an agreement with FrontFour Capital and Quinpario Partners, agreeing to support two out of three of the shareholder group’s board nominees. The deal comes after...http://www.chemweek.com/sections/business_finance/usa_americas/Ferro-shareholder-group-reach-agreement-on-board-nominees_52107.html May 21, 2013
Biobased succinic acid firm BioAmber (Minneapolis) raised $80 million in an initial public offering—capital it will use toward construction of its first production asset set to...http://www.chemweek.com/sections/business_finance/usa_americas/BioAmber-raises-$80-million-in-initial-public-offering_52106.html May 21, 2013
Late-reporting specialty chemical companies mostly report solid earnings, since the US construction rebound lifted Valspar’s results and IFF benefitted from low raw materials...http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-mostly-solid-on-steady-sales_52097.html May 21, 2013
A fire at Formosa Plastics’ Point Comfort, TX, on 2 May injured 16 people and shut down the PE-1 high-density polyethylene (HDPE) unit, which produces Formolene...http://www.chemweek.com/sections/business_finance/usa_americas/Formosa-Point-Comfort-fire-impacts-US-HDPE-supplies_52096.html May 21, 2013
Kemira has announced several major restructuring measures and issued profitability and sales targets for 2016. The measures are in addition to the company’s Fit for Growth...http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-plans-further-restructuring-announces-financial-targets-for-2016_52095.html May 21, 2013
The central theme of the latest BASF research conference, held recently at Ludwigshafen, was “Chemistry powers energy: Renewable generation, safe storage, and efficient transport and use,” relying on chemistry as an enabler....http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-R-and-D-conference-Chemistry-powers-energy_52094.html May 21, 2013
Most leading Japanese chemical companies reported lower earnings and sales for the fiscal year, ended 31 March. The slowing global economy; weak demand in overseas markets, including...http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-companies-report-lower-earnings_52092.html May 21, 2013
Styron Europe (Horgen, Switzerland), a leader in the production of styrene butadiene (SB) latex, says it has reduced SB latex capacity for an indefinite period in Europe. Styron cut...http://www.chemweek.com/sections/business_finance/europe_mideast/Styron-lowers-latex-capacity-on-declining-demand_52090.html May 21, 2013
Evonik Industries reports a 7% rise in first-quarter net profit, to €289 million ($373 million), on a 4% decline in sales, to €3.26 billion, due to the divestment of 2 small...http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-raises-profit-and-confirms-2013-guidance-to-exit-real-estate_52089.html May 21, 2013
Bayer MaterialScience says it is winding down its carbon nanotubes (CNT) program because “comprehensive commercialization” of the nanotechnology within Bayer’s core business lines is not expected in the foreseeable future....http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-MaterialScience-withdrawing-from-nanotech_52088.html May 21, 2013
ACC has launched a new Responsible Care product safety code, requiring member companies to implement 11 management practices to evaluate and continuously improve product safety performance....http://www.chemweek.com/sections/business_finance/usa_americas/ACC-adds-product-safety-code-to-Responsible-Care_52080.html May 21, 2013
A final resolution has been completed in the K-Dow arbitration between Dow Chemical and the Petrochemical Industries Company (PIC; Kuwait City, Kuwait), with Dow confirming on 7 May...http://www.chemweek.com/sections/business_finance/usa_americas/Dow-awarded-final-$2-2-billion-payment-in-K-Dow-arbitration_52079.html May 21, 2013
Praxair and Air Products have announced their support of the Helium Stewardship Act of 2013, which seeks to to reform and reauthorize private helium sales from the federal helium...http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-Praxair-support-the-Helium-Stewardship-Act_52078.html May 21, 2013
Oil field chemicals maker Flotek Industries has signed a definitive agreement to acquire Winter Haven, FL–based Florida Chemical, the world’s largest processor of citrus...http://www.chemweek.com/sections/business_finance/usa_americas/Flotek-acquires-citrus-oils-company-for-$102-million_52053.html May 3, 2013
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), reports a more than doubling in profits for the first quarter of 2013 compared with the year-ago quarter, to...http://www.chemweek.com/sections/business_finance/asia_pacific/Siam-Cements-chemicals-unit-reports-huge-rise-in-profits_51673.html May 3, 2013
Oil companies report mixed first-quarter earnings for their petrochemical businesses: gains for ExxonMobil and Phillips 66, but declines for Chevron, Occidental Petroleum, and BP...http://www.chemweek.com/sections/business_finance/usa_americas/Oil-firms-report-mixed-first-quarter-chemical-results_51712.html |
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