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Displaying 1 - 20 of 3107 stories.
April 21, 2015
Germany’s chemical industry trade association VCI (Frankfurt) has called for more objectivity and “an open discussion of the content” in the continuing discussions...
http://www.chemweek.com/sections/business_finance/usa_americas/VCI-calls-for-more-factual-discussion-over-TTIP_69584.html
April 21, 2015
The European Commission has published a report that presents the results of a survey of small and medium-size enterprises (SMEs) carried out in 2014 on challenges they face when...
http://www.chemweek.com/sections/business_finance/usa_americas/European-Commission-SMEs-stand-to-significantly-gain-from-TTIP_69640.html
April 21, 2015
Sensient Technologies (Milwaukee) has reported net earnings of of $30.5 million the first quarter of 2015 compared with a loss of $2.08 million in the year-ago quarter. Revenue...
http://www.chemweek.com/sections/business_finance/usa_americas/Sensient-Technologies-reports-solid-performance-in-first-quarter_69635.html
April 17, 2015
The US chemical industry is poised to capitalize on the increased supply of energy and feedstocks that will allow it to reestablish itself as a leading global supplier, ACC president and CEO Cal Dooley told attendees of ACC’s Responsible Care conference, held 13–16 April in Miami....
http://www.chemweek.com/sections/business_finance/usa_americas/ACCs-CEO-confident-on-US-shale-TSCA-reform-prospects_69522.html
April 17, 2015
Braskem is reevaluating its planned Parkersburg, WV, cracker, a joint venture with Odebrecht, to address uncertainties generated by the steep decline in crude oil pricing. Assuming it proceeds, start-up would come after 2020, says Fernando Musa, CEO/America at Braskem....
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-slows-Marcellus-cracker-considers-PP-builds_69536.html
April 17, 2015
Coatings makers PPG Industries and Sherwin-Williams (SW) report higher year-on-year (YOY) sales and earnings. PPG beat estimates on cost cutting efforts. Both companies experienced mixed volume growth, however, with some sectors and regions healthy and others sluggish....
http://www.chemweek.com/sections/business_finance/usa_americas/PPG-beats-estimates-as-analysts-expect-muted-growth_69533.html
April 17, 2015
Measures being implemented around the world to address climate change by reducing emissions of greenhouse gases (GHG) could lead to falling demand for fossil fuels, thereby have a...
http://www.chemweek.com/sections/business_finance/usa_americas/Investors-demand-action-on-risks-posed-by-climate-change_69567.html
April 17, 2015
Arkema has expanded its acrylic resin manufacturing capacity at Araçariguama, Brazil, by 60%, the company has announced. A new reactor will enable Arkema to introduce products...
http://www.chemweek.com/sections/business_finance/usa_americas/Arkema-starts-up-coating-resins-reactor-in-Brazil_69535.html
April 17, 2015
Investment firm Berkshire Hathaway (Omaha, NE) has purchased 20 million Axalta shares in a private placement at $28/share, for a purchase price of $560 million, Axalta says. The shares...
http://www.chemweek.com/sections/business_finance/usa_americas/Berkshire-Hathaway-buys-stake-in-Axalta_69532.html
April 17, 2015
Celanese and Mitsui & Co. say that they are exploring the possibility of a second US methanol joint venture, this one located at Celanese’s planned facility at Bishop, TX....
http://www.chemweek.com/sections/business_finance/usa_americas/Celanese-Mitsui-and-Co-explore-second-methanol-JV-at-Bishop-TX_69534.html
April 17, 2015
International Flavors & Fragrances (IFF), a manufacturer of flavors and fragrances for consumer products, on 13 April agreed to acquire Henry H. Ottens Manufacturing Co. (Ottens...
http://www.chemweek.com/sections/business_finance/usa_americas/IFF-to-acquire-Ottens-Flavors_69529.html
April 17, 2015
Total has filed environmental permit applications with the Texas Commission on Environmental Quality and the US Army Corp. of Engineers to build an ethane cracker on the US Gulf Coast....
http://www.chemweek.com/sections/business_finance/usa_americas/Total-seeks-permits-for-ethane-cracker-on-US-Gulf-Coast_69530.html
April 17, 2015
Chemical distributor Univar says that it has acquired Key Chemical (Waxhaw, NC), one of the largest suppliers of hydrofluosilicic acid in the United States. Key also supplies other...
http://www.chemweek.com/sections/business_finance/usa_americas/Univar-acquires-Key-Chemical_69531.html
April 14, 2015
Recipharm (Jordbro, Sweden), a contract development and manufacturing organization, says it has today made a strategic investment in Synthonics (Blacksburg, VA), a specialty...
http://www.chemweek.com/sections/business_finance/usa_americas/Recipharm-invests-in-Synthonics-the-companies-announce-a-joint-development-agreement_69405.html
April 6, 2015
Private equity firm The Carlyle Group (Washington) has announced it is selling 35–40 million shares in Axalta in a secondary offering. The offering has been priced at $28/share...
http://www.chemweek.com/sections/business_finance/usa_americas/Carlyle-to-sell-additional-Axalta-shares_69183.html
April 6, 2015
Investment firm Fidelity (Boston) has stepped in to urge a solution to the proxy battle between DuPont and activist hedge fund Trian Fund Management (New York), according to a Reuters report....
http://www.chemweek.com/sections/business_finance/usa_americas/Fidelity-stepping-in-to-resolve-DuPont-proxy-fight_69184.html
April 6, 2015
ExxonMobil shut down its entire Beaumont, TX, petrochemical complex after a fire broke out overnight on 30 March on a propylene line. The company says, however, that the restart...
http://www.chemweek.com/sections/business_finance/usa_americas/ExxonMobil-shuts-down-Beaumont-petchem-complex-following-fire_69185.html
April 6, 2015
Enterprise Products Partners (Houston) says that Michael Creel, CEO of Enterprise’s general partner, intends to retire at the end of 2015. A.J. Teague, the company’s COO, has been named to succeed him....
http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-CEO-to-retire-this-year-replaced-by-COO-in-2016_69186.html
April 6, 2015
Soy story: Soybean sales grew almost 8% YOY. Weaker corn seed sales and declines in foreign currencies pushed Monsanto’s second-quarter earnings below analysts’ estimates...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-misses-estimates-on-corn-and-currency-headwinds_69187.html
April 6, 2015
H.B. Fuller on 25 March reported fiscal first-quarter net income down 34% year-on-year (YOY), to $9.7 million, or 19 cts/share, on net revenue down 3.2%, to $470.7 million. Adjusted...
http://www.chemweek.com/sections/business_finance/usa_americas/H-B-Fuller-earnings-fall-on-currency-full-year-guidance-reaffirmed_69188.html
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