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Archives :: Chemical Week Magazine :: Business & Finance
Displaying 161 - 180 of 4033 stories.
March 1, 2013
Dow Chemical has launched a $1.5-billion share buyback program. The buybacks will occur either in the open market or in privately negotiated transactions, Dow says. ”This...http://www.chemweek.com/sections/business_finance/usa_americas/Dow-launches-$1-5-billion-share-buyback_50171.html March 1, 2013
Oversupply and tepid demand for titanium dioxide (TiO2) has sent prices and profits lower, but analysts expect prices to stabilize in early 2013 as demand improves from the spring...http://www.chemweek.com/sections/business_finance/usa_americas/TiO2-slump-hurts-results-but-prices-may-stabilize-soon_50170.html March 1, 2013
specialty chemical earnings reports for the fourth quarter were mixed. Ecolab matched estimates on strong sales from the former Nalco. Rockwood’s earnings declined, mostly on...http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-vary-on-mixed-end-markets_50169.html March 1, 2013
Westlake Chemical and Kraton Performance Polymers posted divergent results for the fiscal quarter ended 31 December 2012. Westlake’s fourth-quarter earnings more than tripled...http://www.chemweek.com/sections/business_finance/usa_americas/Westlake-soars-on-shale-advantage-Kratons-loss-widens-on-charge_50168.html March 1, 2013
Solvay has confirmed CW reports that it plans to exit its Latin American polyvinyl chloride (PVC) business Indupa. The company reported Indupa as “assets held for sale” in...http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-to-sell-Latin-American-PVC-business-Indupa_50167.html March 1, 2013
Schnur: Significant step in expanding CPVC business. Lubrizol and Sekisui Chemical (Tokyo) say they have agreed to establish a joint venture company in Thailand to manufacture...http://www.chemweek.com/sections/business_finance/asia_pacific/Lubrizol-Sekisui-form-JV-for-Thai-manufacture-of-chlorinated-PVC_50144.html March 1, 2013
The Chinese government has issued a list of chemicals and industries for which chemical pollution prevention and control efforts will be prioritized by 2015....http://www.chemweek.com/sections/business_finance/asia_pacific/China-blacklists-58-chemicals-on-environmental-grounds_50143.html March 1, 2013
AkzoNobel has accelerated its previously announced restructuring program, and revealed a new set of financial targets to be achieved by the end of 2015. The company also announced a strategy that focuses on end-user markets, operational excellence, and sustainability. It says that the strategy builds on the company’s leading market positions in mature and high-growth markets....http://www.chemweek.com/sections/business_finance/europe_mideast/AkzoNobel-speeds-cost-cutting-and-announces-new-targets_50129.html March 1, 2013
Borealis, one of the largest European manufacturers of polyolefins, achieved a 72% rise in fourth-quarter 2012 net profit, driven in part by the company’s growing presence in the European fertilizer sector, in which it continues to expand through acquisition....http://www.chemweek.com/sections/business_finance/europe_mideast/Fertilizer-business-will-stabilize-Borealiss-revenue-stream_50121.html February 21, 2013
Industry groups on both sides of the Atlantic welcomed President Obama’s call for a US and EU trade agreement in his State of the Union address on 12 February. Industry groups released statements supporting the talks and called on EU and US officials to use the opportunity to enhance regulatory cooperation....http://www.chemweek.com/sections/business_finance/usa_americas/Industry-welcomes-Obamas-support-for-US-EU-trade-talks_49883.html February 21, 2013
Ineos has announced that it will restructure its chlor-vinyls business to address overcapacity in chlorine, vinyl chloride monomer (VCM), and polyvinyl chloride (PVC) as the economic...http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-restructures-chlor-vinyls-business-because-of-downturn_49286.html February 15, 2013
Sasol has taken a 1.98-billion rand ($221.81 million) impairment charge on its interest in the Arya Sasol Polymer Co. (ASPC; Assaluyeh, Iran) joint venture, and there will be more...http://www.chemweek.com/sections/business_finance/europe_mideast/Sasols-earnings-decrease-on-big-Iranian-asset-write-down_49846.html February 15, 2013
Wacker Chemie says it ended the short-time working introduced at the company’s Burghausen, Germany, polysilicon manufacturing facilities in early October 2012. Wacker took the...http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-ends-short-time-work-at-Burghausen-site_49847.html February 15, 2013
Haslestad: Strong nitrogen demand. Yara International, a leading producer of fertilizers, reports a significant drop in fourth-quarter profits despite higher sales volumes...http://www.chemweek.com/sections/business_finance/europe_mideast/Yara-profits-decline-on-higher-fertilizer-volumes-lower-prices_49848.html February 15, 2013
Most of the leading Japanese chemical companies report lower earnings and sales for the fiscal first nine months ended 31 December 2012. The slowing global economy; weak demand in...http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-companies-report-lower-earnings-and-sales_49849.html February 15, 2013
Scaling Success: Genomatica produces 5 million lbs of BDO in five weeks at DuPont’s Loudon facility.. Biochemical firm Genomatica (San Diego) says it has produced 5 million lbs...http://www.chemweek.com/sections/business_finance/usa_americas/Genomatica-reports-BDO-milestone_49866.html February 15, 2013
Global M&A in the chemicals sector fell 73% year-on-year (YOY) during the course of 2012, to $22 billion, according to data compiled by Young & Partners (New York). Deal volume...http://www.chemweek.com/sections/business_finance/usa_americas/Banker-M-and-A-down-in-2012-but-market-is-improving_49867.html February 15, 2013
The petrochemical portion of the Complejo Petroquimica Rio de Janeiro (Comperj) project at Itaborai, Brazil, will eventually require an investment of more than $5 billion, says Carlos...http://www.chemweek.com/sections/business_finance/usa_americas/Cost-of-Braskems-Comperj-project-could-exceed-$5-billion_49868.html February 15, 2013
Mexichem’s (Mexico City) fourth-quarter preliminary sales figure was 14.42 billion Mexican pesos ($1.14 billion), 38% higher than in the same period the year before, the company...http://www.chemweek.com/sections/business_finance/usa_americas/Mexichem-reports-higher-earnings-sales_49869.html February 15, 2013
Speciatly chemical companies continued to record year-on-year (YOY) earnings declines as soft market conditions hurt results. Polysilicon supply issues drove Dow Corning to a loss...http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-fall-on-weak-market-conditions_49884.html |
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