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Archives :: Chemical Week Magazine :: Business & Finance
Displaying 41 - 60 of 3993 stories.
April 26, 2013
Reliance Industries says that net profits for the company’s fiscal fourth quarter, ended 31 March, increased 31.9% compared with the same period of the previous year, to about...http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-rise-in-quarterly-profits_51429.html April 26, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts....http://www.chemweek.com/sections/business_finance/europe_mideast/Sabic-restructures-in-Europe-cuts-more-than-1000-jobs-_51426.html April 26, 2013
Sabic’s first-quarter net income declined 10%, to 6.56 billion Saudi riyals ($1.75 billion), compared with the first quarter of 2012, but increased 13% compared with the SR5.83...http://www.chemweek.com/sections/business_finance/europe_mideast/-reports-lower-first-quarter-profits_51425.html April 26, 2013
Russia’s largest producer of petrochemicals, has outlined its investment plans and announced the completion of a 500,000-m.t./year polypropylene (PP) plant at Tobolsk, Russia. Russian regulators are currently on-site inspecting the facility before approving the start of operations....http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-readies-PP-plant-to-decide-on-olefins-complex_51423.html April 26, 2013
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has taken over the sales and marketing activities of Qatar Vinyl Co. (QVC), adding 1.2 million...http://www.chemweek.com/sections/business_finance/europe_mideast/Muntajat-takes-over-marketing-activities-of-Qatar-Vinyl-Co-_51422.html April 26, 2013
Diversified and industrial gases firms for the most part managed to eke out modest first-quarter gains, although the occasional bright spot was not enough to distract from...http://www.chemweek.com/sections/business_finance/usa_americas/Diversified-earnings-mixed-as-economy-fails-to-improve_51512.html April 26, 2013
In the latest salvo in the A. Schulman–Ferro fight, the companies traded barbs in letters to Ferro shareholders. Ferro has called Schulman’s offer a “lowball,”...http://www.chemweek.com/sections/business_finance/usa_americas/Schulman-and-Ferro-trade-barbs-in-shareholder-letters_51513.html April 26, 2013
ACC has urged the Office of Management and Budget to exercise its oversight role to ensure that the US Consumer Product Safety Commission (CPSC) applies the peer-review process for its...http://www.chemweek.com/sections/business_finance/usa_americas/ACC-calls-for-peer-review-of-pending-phthalates-study_51514.html April 16, 2013
LyondellBasell Industries and Phillips 66 have separately announced plans to add natural gas liquid (NGL) fractionation capacity at sites in Texas. LyondellBasell says TexStar...http://www.chemweek.com/sections/business_finance/usa_americas/LyondellBasell-Phillips-66-plan-new-NGL-fractionation-capacity-in-Texas_51139.html April 16, 2013
Ecolab last week closed on its $2.3-billion acquisition of Champion Technologies. The company secured US antitrust approval for the deal when it agreed to sell a Champion chemical...http://www.chemweek.com/sections/business_finance/usa_americas/Ecolab-closes-Champion-deal-to-sell-deepwater-unit-to-Clariant_51109.html April 15, 2013
EuroChem (Moscow), Russia’s largest producer of fertilizers, has detailed plans to enter the potash market, outlined its business plan, and said that it might launch an initial public offering within five years...http://www.chemweek.com/sections/business_finance/europe_mideast/EuroChem-details-potash-entry-IPO-possible-within-5-years_51141.html April 15, 2013
PPG Industries has completed the $1.05-billion purchase of AkzoNobel’s North American architectural coatings business. The acquired business had 2012 sales of €1.19 billion...http://www.chemweek.com/sections/business_finance/usa_americas/PPG-completes-AkzoNobel-decorative-coatings-acquisition_51140.html April 15, 2013
Brazil has launched two investigations into the possible dumping in the Brazilian market of polypropylene (PP) originating from South Africa, India, and Korea. The probes cover the...http://www.chemweek.com/sections/business_finance/usa_americas/Brazil-investigates-alleged-dumping-of-polypropylene_51138.html April 15, 2013
The European Commission has approved the proposed acquisition of Petrochem Carless (Leatherhead, UK) by Haltermann Holding (Hamburg). Haltermann has production at Hamburg and Speyer...http://www.chemweek.com/sections/business_finance/europe_mideast/EU-approves-Haltermanns-acquisition-of-Petrochem-Carless_51111.html April 15, 2013
Apollo Management says it plans to sell 15.8 million shares, roughly a 24% stake, in amines producer Taminco as part of a planned initial public offering (IPO). The offering is being...http://www.chemweek.com/sections/business_finance/usa_americas/Taminco-seeks-to-raise-$300-million-from-IPO_51110.html April 15, 2013
Cytec has closed the $1.15-billion sale of its coating resins business to private equity firm Advent International (New York). The deal, which was announced in October, completed a...http://www.chemweek.com/sections/business_finance/usa_americas/Cytec-closes-sale-of-coating-resins-business-to-private-equity-firm_51117.html April 15, 2013
Lanxess has provided more information about the company’s performance last year and warned that first-quarter 2013 earnings will be substantially lower than in the corresponding...http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-expects-strong-2013-despite-weaker-first-quarter_51112.html April 15, 2013
Ferro sold its pharmaceuticals business, increased its earnings guidance, and issued a letter to shareholders, while A. Schulman fell short of estimates and amended CEO Joseph Gingo’s contract to extend it in the event of a “transformational acquisition” as the companies hunkered down for the next stage in Schulman’s $855-million hostile bid for Ferro. Gingo’s revised contract provides for a two-year extension, and Schulman specifically mentioned Ferro as the kind of deal that could trigger the extension....http://www.chemweek.com/sections/business_finance/usa_americas/Schulman-Ferro-prepare-for-next-stage-in-bid-proxy-fight_51118.html April 15, 2013
Asahi Kasei Fibers (AKF), an Asahi Kasei subsidiary, says it will invest about ¥3 billion ($32 million) to build a plant at Nobeoka, Japan, for the production of the...http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Kasei-to-build-cellulosic-fiber-facility-in-Japan_51081.html April 15, 2013
Fine and specialty chemicals company CABB (Sulzbach, Germany), Jining Gold Power (Jining, China), and Jinwei Huasheng Chemical (Jining) have signed a memorandum of understanding to...http://www.chemweek.com/sections/business_finance/asia_pacific/CABB-to-form-MCA-venture-in-China_51080.html |
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