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August 8, 2014
Specialty chemicals company Altana (Wesel, Germany) says it increased earnings in first-half 2014 to €985 million ($1.32 billion) compared with €887 million a year ago, an...
http://www.chemweek.com/sections/business_finance/europe_mideast/Altana-sales-and-Ebitda-rise-in-first-half-2014_63084.html
August 5, 2014
Germany’s chemical trade association VCI (Frankfurt) has pointed out that the country’s chemical industry is not calling for mutual recognition of existing standards for...
http://www.chemweek.com/sections/business_finance/usa_americas/VCI-No-reduction-in-chemical-safety-standards-through-TTIP_62990.html
August 1, 2014
Air Liquide has announced plans to invest nearly $180 million in two separate gases plants in Brazil and the United States. The company says that it has signed an agreement to supply...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Liquide-plans-ASU-investments_62860.html
August 1, 2014
Arkema has started up a 45,000-m.t./year methyl acrylate plant at the company’s site at Clear Lake, TX. The plant is the final piece of a $110-million project aimed at beefing up...
http://www.chemweek.com/sections/business_finance/usa_americas/Arkema-completes-$110-million-acrylics-project-in-Texas_62861.html
August 1, 2014
Two Chinese groups have announced separate plans to build large, export-oriented methanol manufacturing complexes in Texas and Louisiana....
http://www.chemweek.com/sections/business_finance/usa_americas/Chinese-groups-plan-Texas-Louisiana-methanol-complexes_62862.html
August 1, 2014
Gail India and Sumitomo, one of Japan’s largest trading groups, have announced the signing of a memorandum of understanding (MOU) covering cooperation in gas procurement and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Gail-Sumitomo-sign-MOU-on-energy-petchems-cooperation_62863.html
August 1, 2014
China’s National Energy Administration (NEA; Beijing) has told local authorities to curb irrationally developing coal-to-oil and coal-to-gas projects after new technology sparked...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-to-curb-investments-in-small-scale-coal-based-projects_62864.html
August 1, 2014
in his first public comments since taking over the company on 1 July, Air Products chairman and CEO Seifi Ghasemi says that focusing on cash generation and improved capital allocation will drive Air Products’ strategy....
http://www.chemweek.com/sections/business_finance/usa_americas/Cash-and-capital-allocation-to-guide-Air-Products-strategy_62828.html
August 1, 2014
Repsol (Madrid) posted net income of €520 million ($698.4 million) in the second quarter, an increase of 95% from the year-earlier period. Net income from downstream operations...
http://www.chemweek.com/sections/business_finance/europe_mideast/Repsol-reports-higher-earnings-new-leadership-in-place_62829.html
August 1, 2014
The UK government has announced plans to open large parts of the United Kingdom for oil and gas exploration, including for unconventional oil and gas that can only be produced by fracking....
http://www.chemweek.com/sections/business_finance/europe_mideast/UK-government-invites-bids-for-large-scale-shale-fracking_62830.html
August 1, 2014
DSM says that it has reached an agreement to acquire Aland HK Holding (Hong Kong), a company producing vitamin C in Mainland China. DSM announced in April that it was in exclusive...
http://www.chemweek.com/sections/business_finance/asia_pacific/DSM-agrees-to-buy-China-vitamin-C-producer-Aland_62865.html
August 1, 2014
A rally in Dow Chemical’s share price, aided by its strong second-quarter earnings report on 23 July, has the conversion of $4 billion in preferred shares that carry an expensive...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-share-gains-could-allow-it-to-retire-expensive-preferred-shares_62827.html
August 1, 2014
RPM’s Bondex subsidiary—which has been in bankruptcy as a separate entity since 2010 because of asbestos litigation—has announced an agreement settling its asbestos claims....
http://www.chemweek.com/sections/business_finance/usa_americas/Bankrupt-RPM-subsidiary-reaches-asbestos-settlement_62898.html
August 1, 2014
Industrial gas producers in the United States have been reporting strong earnings results for the quarter ended 30 June thanks to growth in the country as well as electronics and...
http://www.chemweek.com/sections/business_finance/usa_americas/Industrial-gas-producers-post-higher-income-lower-forecasts_62910.html
August 1, 2014
Specialty chemical makers mostly report solid earnings gains on good volumes across a variety of product applications, including construction, personal care, and catalysts. Some...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-companies-mostly-report-rising-earnings_62911.html
August 1, 2014
Leading Europe-based companies struggled to maintain sales and profits in the second quarter of 2014 because of the relative strength of the euro against other major currencies...
http://www.chemweek.com/sections/business_finance/europe_mideast/Leading-companies-battle-currency-headwinds_62899.html
July 31, 2014
Solvay today reported net sales for second-quarter 2014 of €2.64 billion ($3.54 billion), an increase of 2% year-on-year (YOY). Operating profit (adjusted Ebit) was €291...
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-reports-2-percent-rise-in-sales-adjusted-Ebit-jumps-56-percent-confirms-full-year-outlook_62852.html
July 30, 2014
Sika (Baar, Switzerland) says its sales for first-half 2014 increased to 2.66 billion Swiss francs ($2.94 billion), an increase of 18% in local currency, or 10.6% in Swiss francs...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sika-reports-18-percent-growth-in-first-half-2014-sales-net-profit-leaps-25-7-percent_62813.html
July 30, 2014
The European Chemicals Agency (ECHA; Helsinki) says that European Union member states have indicated their intention to submit harmonised classification and labelling (CLH) dossiers...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-announces-four-CLH-dossiers-submitted-two-intentions-added_62801.html
July 30, 2014
The European Chemicals Agency (ECHA; Helsinki) says that four potential substances of very high concern (SVHC) have been included in the registry of intentions. European Union member...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-adds-four-substances-to-registry-of-intentions-as-potential-SVHCs_62800.html
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