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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
July 30, 2014
The European Chemicals Agency (ECHA; Helsinki) has opened a public consultation on harmonized classification and labelling (CLH) for bendiocarb (1,3-benzodioxol-4-ol, 2,2-dimethyl-...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-public-consultation-on-CLH-for-bendiocarb_62799.html
July 29, 2014
The European Commission says it is urging Germany to take stronger measures to combat water pollution caused by nitrates. The latest figures submitted by Germany in 2012 show that...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-urges-Germany-to-act-more-against-nitrate-pollution-in-water_62776.html
July 29, 2014
Merck KGaA (Darmstadt, Germany) has commissioned a cogeneration plant that will supply energy to pharmaceutical production and research operations at its corporate headquarters. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Merck-KGaA-commissions-cogeneration-plant-at-Darmstadt_62772.html
July 28, 2014
Paints and coatings company Tikkurila (Helsinki) says its profitability for the first half of 2014 was “good despite weak demand in Russia.” First-half revenue was...
http://www.chemweek.com/sections/business_finance/Tikkurila-sales-fall-7-4-percent-in-second-quarter-EPS-increases-slightly_62759.html
July 18, 2014
Coating makers PPG Industries and Sherwin-Williams (SW) both report solid second-quarter results, since earnings increased year-on-year (YOY) and beat estimates on rising sales and volumes....
http://www.chemweek.com/sections/business_finance/usa_americas/Coatings-makers-post-solid-second-quarter-earnings_62567.html
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