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February 8, 2016
Onyx Scientific (Sunderland, UK), a contract research organization (CRO) and small-scale manufacturer of active pharmaceutical ingredients (APIs), says it is investing in an additional...
http://www.chemweek.com/sections/business_finance/europe_mideast/Onyx-Scientific-to-expand-UK-site-by-30-percent_76989.html
February 5, 2016
Sensient Technologies (Milwaukee) has reported sales of $339.2 million in the fourth quarter of 2015, compared with $342.8 million in the corresponding period in 2014. Operating income...
http://www.chemweek.com/sections/business_finance/Sensient-reports-fall-in-sales-operating-income-up-in-2015_76972.html
February 4, 2016
The Trans-Pacific Partnership (TPP), a major free trade agreement between 12 nations based in and around the Pacific Ocean, has been signed by government ministers in Auckland. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Trans-Pacific-Partnership-signed-in-New-Zealand_76950.html
February 3, 2016
Johnson Matthey (London) has reported sales of £736 million ($1.06 billion) for the third quarter of 2015, up 3% year-on-year for continuing businesses. The company states that...
http://www.chemweek.com/sections/business_finance/Johnson-Matthey-reports-sales-rose-in-difficult-conditions_76916.html
January 29, 2016
Attendees at the American Cleaning Institute’s (ACI) annual convention in Orlando on 25–30 January said they were keeping a wary eye on the global economy but expect continued growth in 2016 driven by consumer demands for improved functionality and added value....
http://www.chemweek.com/sections/business_finance/usa_americas/ACI-2016-Innovation-key-to-growth-in-volatile-market_76795.html
January 29, 2016
North American specialties makers have mostly beat modest expectations thus far as solid personal-care markets and continued strength in architectural and automotive coatings offset declines in energy markets and the strong dollar....
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-firms-beat-estimates-as-end-markets-hold-up_76798.html
January 29, 2016
ENI (Rome) has given more details about the future ownership of its petrochemicals arm Versalis (Milan). ENI says it intends to retain a “significant” stake in Versalis to...
http://www.chemweek.com/sections/business_finance/europe_mideast/ENI-to-retain-significant-stake-in-Versalis_76750.html
January 29, 2016
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, has reported a wider fourth-quarter net loss and a swing to net loss...
http://www.chemweek.com/sections/business_finance/europe_mideast/Petro-Rabigh-losses-widen-phase-two-project-delayed-costs-rise_76751.html
January 29, 2016
Polysys Additive Technologies Middle East (PAT ME) held an opening ceremony on 21 January for a one-pack systems (OPS) plant in Abu Dhabi....
http://www.chemweek.com/sections/business_finance/europe_mideast/Songwon-JV-inaugurates-OPS-plant-in-Abu-Dhabi_76759.html
January 29, 2016
Trading and distribution company Helm (Hamburg) has entered into an exclusive marketing agreement with Raffinerie Heide (Hemmingstedt, Germany) under which Helm will market Raffinerie...
http://www.chemweek.com/sections/business_finance/europe_mideast/Helm-to-market-Raffinerie-Heides-propylene-output_76760.html
January 29, 2016
Mossi Ghisolfi Group’s (M&G; Tortona, Italy) subsidiary M&G Chemicals says it will increase the initial capacity of a previously announced, integrated polyethylene...
http://www.chemweek.com/sections/business_finance/usa_americas/M-and-G-Chemicals-increases-capacity-of-planned-PTA-PET-plant-in-Texas_76747.html
January 29, 2016
Increased demand for diesel and more stringent sulfur regulations continue to fuel the strong increases in US refineries’ demand for hydrogen, and merchant suppliers—mainly...
http://www.chemweek.com/sections/business_finance/usa_americas/EIA-Refineries-rely-on-industrial-gas-plants-for-hydrogen-supply_76748.html
January 29, 2016
Sabic, the Mideast’s top chemicals player and one of the world’s largest, reports that fourth-quarter 2015 net profit fell 29% year-on-year, to 3.08 billion Saudi riyals ($821.6 million)....
http://www.chemweek.com/sections/business_finance/europe_mideast/Sabic-profits-and-sales-down-on-prices-impairment-charges_76749.html
January 29, 2016
Israel Chemicals Ltd. (ICL; Tel Aviv) says that it has completed a 15% equity investment in Yunnan Yuntianhua (Kunming, China), China’s leading producer of phosphates, for approximately $250 million....
http://www.chemweek.com/sections/business_finance/asia_pacific/ICL-buys-15-percent-stake-in-Yunnan-Yuntianhua-for-$250-million_76734.html
January 29, 2016
Ube Industries has announced that it will switch to a new manufacturing process for cyclohexanone at the company’s Ube City, Japan, manufacturing site. The new process produces...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-to-adopt-new-process-for-making-cyclohexanone-build-facility_76735.html
January 29, 2016
Reliance Industries says that net profits for its fiscal third quarter, ended 31 December 2015, increased 39% compared with the same period of the previous year, to about Rs72.9 billion ($1.07 billion)....
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-reports-39-percent-higher-profits-starts-up-PTA-plant_76736.html
January 29, 2016
Celanese is adding a nylon platform to its engineered materials portfolio. The products, based on both nylon-6 and nylon-6,6 resins produced outside the company, will extend the...
http://www.chemweek.com/sections/business_finance/usa_americas/Celanese-adds-nylon-platform-to-expand-engineered-materials_76792.html
January 29, 2016
3M has agreed to sell its pressurized polyurethane (PU) foam adhesives business to Innovative Chemical Products (ICP; Andover, MA). ICP is owned by private equity firm Audax (Boston)...
http://www.chemweek.com/sections/business_finance/usa_americas/3M-sells-pressurized-PU-foam-adhesives-to-ICP_76794.html
January 29, 2016
Monsanto has filed a lawsuit against the California Office of Environmental Health Hazard Assessment (OEHHA) to prevent the listing of glyphosate under California’s Proposition...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-files-lawsuit-in-California-over-glyphosate-Prop-65-listing_76797.html
January 27, 2016
Lonza has announced sales of 3.80 billion Swiss francs ($3.74 billion) in 2015, an increase of 4.5% year-on-year in reported currency, or 5.7% at constant exchange rates. Core Ebitda...
http://www.chemweek.com/sections/business_finance/Lonza-reports-higher-full-year-sales-profit_76696.html
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