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March 20, 2015
Antioxidants maker Addivant, owned by private equity firm SK Capital (New York), on 17 March named John Steitz CEO. Steitz was most recently COO at PQ Corp. and has served as COO of Albemarle and CEO of Avantor Performance Materials....
http://www.chemweek.com/sections/business_finance/usa_americas/SK-Capitals-Addivant-antioxidants-unit-names-PQ-exec-as-CEO_68757.html
March 20, 2015
LSB Industries (Oklahoma City) has begun a search to fill a new position on its senior management team, president of the LSB chemical business. “We’ve made significant...
http://www.chemweek.com/sections/business_finance/usa_americas/LSB-starts-search-for-head-of-chemical-business_68758.html
March 20, 2015
Canexus (Calgary, AB) says that it has engaged a financial adviser to explore the potential sale of Canexus’s chlor-alkali operation at North Vancouver, BC. The company says that...
http://www.chemweek.com/sections/business_finance/usa_americas/Canexus-explores-selling-Canada-chlor-alkali-business_68759.html
March 20, 2015
Wacker Chemie has reported increased sales and earnings for 2014 and provided guidance for this year. The company has also announced that, following several years of large capital expenditure outlays, it will focus future capex on less capital-intensive projects, concentrating on expanding its downstream businesses. Rudolf Staudigl, Wacker CEO, speaking at a press briefing held recently in Munich, provided more information about Siltronic, the company’s semiconductor silicon wafers division, currently subject to a review that could result in the business being floated on the stock exchange or sold....
http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-reports-improved-results-details-Siltronic-plans_68780.html
March 19, 2015
Michael Vassiliadis, chairman of German trade union IG BCE (Hanover), which represents workers in the mining, chemical, and energy sectors, has called on the federal government to...
http://www.chemweek.com/sections/business_finance/europe_mideast/German-chemical-trade-union-calls-for-"accelerated-decision-making"-in-energy-policies_68708.html
March 19, 2015
The European Chemicals Agency (ECHA; Helsinki) says it has adopted the final community rolling action plan (CoRAP) for 2015–2017. A total of 134 substances are to be evaluated by...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-adopts-community-rolling-action-plan-for-2015-2017-134-substances-to-be-evaluated-48-in-this-year_68700.html
March 19, 2015
The European Chemicals Agency (ECHA; Helsinki) says that its risk assessment committee (RAC) is continuing to deliberate on a proposal from France to restrict the use of bisphenol A...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-considers-proposal-to-restrict-BPA-in-thermal-paper_68697.html
March 18, 2015
Israeli crop genomics firm Evogene (Rehovot, Israel) has announced a three-year collaboration agreement with a multinational food company to improve productivity of a key crop using...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evogene-announces-collaboration-agreement-for-improved-crop-productivity_68668.html
March 18, 2015
SGL Carbon (Wiesbaden, Germany) has announced group sales of €1.34 billion ($1.42 billion) for the business year 2014, a decrease of 6% year-on-year (YOY). . Ebitda before...
http://www.chemweek.com/sections/business_finance/SGL-announces-fall-in-sales-profit-plummets_68664.html
March 17, 2015
About 55% of food samples evaluated by the European Food Safety Authority (EFSA; Parma, Italy) show no detectable traces of pesticide residues, the authority says. Of the samples that...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-report-More-than-half-of-food-samples-in-EU-are-free-of-pesticide-residues_68630.html
March 17, 2015
Composite materials supplier Gurit (Zurich) today announced its results for fiscal 2014. Net sales were 335.8 million Swiss francs ($333.8 million) compared with SF281.1 million in...
http://www.chemweek.com/sections/business_finance/Gurit-reports-double-digit-sales-growth-profitability-leaps_68627.html
March 16, 2015
The European technology platform (ETP) for sustainable chemistry (SusChem), a joint program between Cefic and several other European chemistry organizations, has published its new...
http://www.chemweek.com/sections/business_finance/europe_mideast/SusChem-publishes-strategic-innovation-and-research-agenda_68593.html
March 16, 2015
The second round of pay tariff negotiations in Germany’s chemical industry has ended without a concrete result, the employers association BAVC (Wiesbaden) has announced. BAVC...
http://www.chemweek.com/sections/business_finance/europe_mideast/Pay-talks-in-Germany-Employers-offer-1-6-percent-union-claims-provocation_68588.html
March 16, 2015
Linde announced today group sales of €17.0 billion ($17.8 billion) in full-year 2014 compared with €16.7 billion in 2013, an increase of 4.5% year-on-year (YOY) after...
http://www.chemweek.com/sections/business_finance/Linde-increases-sales-despite-tough-conditions_68586.html
March 13, 2015
US Senators David Vitter (R., LA) and Tom Udall (D., NM) on 10 March introduced the Frank R. Lautenberg Chemical Safety for the 21st Century Act, major bipartisan legislation aimed at updating the Toxic Substances Control Act (TSCA) of 1976....
http://www.chemweek.com/sections/business_finance/usa_americas/Industry-welcomes-latest-bipartisan-TSCA-reform-bill_68534.html
March 13, 2015
DuPont and activist hedge fund Trian Fund Management (New York) early in March traded barbs over DuPont’s rejection of a universal proxy card for the company’s upcoming...
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-Trian-spar-over-proxy-card-Trian-wants-Chemours-board-seats_68535.html
March 13, 2015
Trinseo reports a net loss of $30 million for the fourth quarter, down from a net profit of $11 million in the year-ago quarter largely because of inventory revaluation driven by declining crude oil prices....
http://www.chemweek.com/sections/business_finance/usa_americas/Trinseo-swings-to-loss-on-inventory-revaluation_68538.html
March 13, 2015
Arkema says its fourth-quarter Ebitda, characterized by year-end seasonality, was flat, at €162 million ($178.8 million), with sales declining 1.7%, to €1.43 billion....
http://www.chemweek.com/sections/business_finance/europe_mideast/Arkema-reports-lower-sales-and-profits-buys-Oxido_68488.html
March 13, 2015
Borealis, a leading polyolefins producer in Europe and member of the International Petroleum Investment Co. (Abu Dhabi) group, has reported an increase in full-year profit and said that it may invest in fertilizers in the United States....
http://www.chemweek.com/sections/business_finance/europe_mideast/Borealis-US-ethane-still-attractive-eyeing-fertilizer-growth_68490.html
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