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October 31, 2014
DuPont fired back at activist investor Trian Management in a 28 October letter to shareholders, citing the benefits of maintaining DuPont’s diverse product portfolio and dismissing Trian’s proposal to split the company’s higher-growth nutrition, agriculture, and industrial biotech operations from its long-held materials segments....
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-makes-its-case-against-further-breakup_64988.html
October 31, 2014
Fertilizer producers report mixed results in the third quarter, with potash markets generally weak. Phosphate markets, meanwhile, have been strong for the major producers, while supply...
http://www.chemweek.com/sections/business_finance/usa_americas/Fertilizer-producers-report-mixed-third-quarter-results_64993.html
October 31, 2014
Specialty chemical companies that reported in late October mostly beat analysts’ earnings expectations. Most firms report increased sales, although volumes did vary by end...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-mostly-beat-estimates-despite-challenges_64994.html
October 30, 2014
Tessenderlo Group (Brussels) says it sales in the third quarter 2014 were €338.7 million ($431 million), compared with €415.1 million for the corresponding period a year ago...
http://www.chemweek.com/sections/business_finance/Tessenderlo-increases-sales-and-profit-in-third-quarter_64940.html
October 30, 2014
Sika (Baar, Switzerland) says it has achieved sales growth of 11.7% in the third quarter of 2014. All regions reported double‐digit sales increases in local currency, the company...
http://www.chemweek.com/sections/business_finance/Sika-sales-grow-11-7-percent-in-third-quarter-with-an-above-average-rise-in-net-profit_64939.html
October 30, 2014
Cosmetic products in which the final formulation, ingredients in a final formulation, or a finished product, have been subject to animal testing may not be placed on the market...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-ECHA-clarify-testing-requirements-of-Reach-cosmetics-regulation_64951.html
October 29, 2014
Karlsruhe Institute of Technology (KIT; Karlsruhe, Germany) and Deutsche Nanoschicht (Rheinbach, Germany) have announced that they are to establish joint laboratory at KIT's Institute...
http://www.chemweek.com/sections/business_finance/europe_mideast/KIT-Deutsche-Nanoschicht-establish-joint-laboratory-for-superconducting-thin-films_64885.html
October 28, 2014
The European Chemicals Agency (ECHA; Helsinki) has opened public consultations on dichlofluanid and salicylic acid under the harmonised classification and labelling (CLH) regulation...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-public-consultation-on-dichlofluanid-and-salicylic-acid-under-CLH_64858.html
October 28, 2014
The European Commission, supported by the European Environment Agency (EEA; Copenhagen) has today released its annual progress report. Greenhouse gas (GHG) emissions in the European...
http://www.chemweek.com/sections/business_finance/europe_mideast/Climate-energy-progress-report-Europe-on-track-for-2020-targets-but-"bigger-push-needed-for-2030"_64849.html
October 27, 2014
Germany’s chemical industry association VCI (Frankfurt) is calling on European member states not to follow the plans of the European Commission for new and tougher rules within...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-Europe-should-implement-existing-waste-legislation-rather-than-develop-new-tougher-rules_64808.html
October 27, 2014
The Intergovernmental Panel on Climate Change (IPCC; Geneva) today opened its meeting in Copenhagen to finalize its synthesis report, which will provide policymakers with a...
http://www.chemweek.com/sections/business_finance/usa_americas/IPCC-starts-meeting-to-finalize-its-synthesis-report-a-roadmap-for-policymakers-on-climate-change_64814.html
October 24, 2014
Platform Specialty Products (Miami) has agreed to acquire Arysta LifeScience, a maker of pesticides and biological products, from private equity firm Permira for approximately $3.51 billion. Platform was formed by the acquisition of specialty chemical maker MacDermid for $1.8 billion last year by an investment vehicle founded by Jarden executive chairman Martin Franklin....
http://www.chemweek.com/sections/business_finance/usa_americas/Platform-to-acquire-Arysta-for-$3-5-billion_64750.html
October 24, 2014
Germany’s chemical industry trade association VCI (Frankfurt) says that the target of a 40% reduction in greenhouse gas emissions agreed by European leaders is “highly...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-Highly-ambitious-climate-targets-will-result-in-weaker-growth-reduced-competitiveness_64783.html
October 24, 2014
The European Council, the institution of the heads of state or government of the member states of the European Union, has agreed on the 2030 climate and energy policy framework for the...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-leaders-set-ambitious-climate-energy-targets-for-2030_64780.html
October 24, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says that the final report of the Sheshinski Committee, presented to the country’s finance ministry on 20 October, will not cause the...
http://www.chemweek.com/sections/business_finance/europe_mideast/ICL-to-cut-investments-close-plants-on-tax-concerns_64720.html
October 24, 2014
BASF says that it has agreed to sell its worldwide textile chemicals business to Archroma (Reinach, Switzerland), a supplier of specialty chemicals to the textile, paper, and emulsions industries. Financial details of the deal have not been disclosed....
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-sells-textile-chemicals-business-to-Archroma_64719.html
October 24, 2014
CF Industries (Deerfield, IL) and Yara International (Oslo) announced on 17 October that they have terminated merger discussions. Yara and CF, which confirmed deal talks on 23...
http://www.chemweek.com/sections/business_finance/usa_americas/CF-and-Yara-end-merger-talks_64758.html
October 24, 2014
Reliance Industries says net profits for the company’s fiscal second quarter, ended 30 September, increased 1.7% compared with the same period of the previous year, to about 59.7...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-slight-increase-in-profits_64706.html
October 24, 2014
Arkema says that it has finalized the creation of Sunke, a previously announced joint venture with Jurong Chemical (Yancheng, China), the leading acrylic acid manufacturer in China....
http://www.chemweek.com/sections/business_finance/asia_pacific/Arkema-finalizes-acrylic-acid-JV-with-Jurong-Chemical-in-China_64707.html
October 24, 2014
A. Schulman says that it has signed a partnership agreement with polymer producer Initz (Ulsan, South Korea) to compound and market Initz’s Ecotran polyphenylene sulfide (PPS)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Schulman-Initz-form-alliance-for-PPS-compounds_64708.html
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