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February 15, 2013
Mexichem’s (Mexico City) fourth-quarter preliminary sales figure was 14.42 billion Mexican pesos ($1.14 billion), 38% higher than in the same period the year before, the company...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexichem-reports-higher-earnings-sales_49869.html
February 15, 2013
Speciatly chemical companies continued to record year-on-year (YOY) earnings declines as soft market conditions hurt results. Polysilicon supply issues drove Dow Corning to a loss...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-fall-on-weak-market-conditions_49884.html
February 15, 2013
Axiall and Huntsman Corp. both reported fourth-quarter earnings last week. Strong results in chlorovinyls led Axiall to its most profitable fourth quarter “in decades,”...
http://www.chemweek.com/sections/business_finance/usa_americas/Huntsman-beats-street-on-PU-Axiall-strong-on-chlorovinyls_49885.html
February 15, 2013
Air Liquide has confirmed that an explosion and fire shortly before 8 a.m. on 9 February killed one worker and seriously injured another at the company’s specialty gases plant at...
http://www.chemweek.com/sections/business_finance/usa_americas/One-dead-one-injured-in-blast-at-Air-Liquide-plant-in-Texas_49886.html
February 15, 2013
Manning: Flavors and fragrances heads to Chicago. Sensient is launching a broad restructuring plan that includes the shutdown and consolidation of several manufacturing plants in...
http://www.chemweek.com/sections/business_finance/usa_americas/Sensient-to-cut-200-jobs-net-earnings-fall_49887.html
February 15, 2013
Vale (Rio de Janeiro) could extend, beyond 28 February, a deadline given to the Argentinian government requesting a $2-billion tax break during the development phase of the company’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Vale-extends-deadline-on-tax-break-request-for-potash-project_49888.html
February 8, 2013
Carrico: Axiall takes second position in VCM. Georgia Gulf completed its $2.1-billion acquisition of PPG’s commodity chemicals business on 28 January and has changed the name of...
http://www.chemweek.com/sections/business_finance/usa_americas/Georgia-Gulf-completes-acquisiton-of-PPG-unit-changes-name-to-Axiall_49675.html
February 8, 2013
Chemtura (Philadephia) has entered into an amended and restated asset-purchase and contribution agreement with SK Capital Partners regarding the sale of Chemtura’s antioxidant and...
http://www.chemweek.com/sections/business_finance/usa_americas/Chemtura-amends-terms-of-sale-of-stabilizer-business_49676.html
February 8, 2013
Shaver: Former TPC CEO to lead former DuPont unit. The Carlyle Group (Washington) has completed its $4.9-billion acquisition of DuPont Performance Coatings (DPC). The Carlyle Group...
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-completes-coatings-sale-cyanide-may-be-next_49677.html
February 8, 2013
Baker: Ecolab well positioned for global challenges, despite persistent economic weakness. The CEOs of Ecolab, Clorox, and Amway described a focus on persistently weak consumer demand...
http://www.chemweek.com/sections/business_finance/usa_americas/ACI-2013-CEO-panel-focuses-on-weak-demand-sustainability_49678.html
February 8, 2013
PMC Group (Mount Laurel, NJ) says it has completed the acquisition of Dow Chemical’s global methyl tin stabilizers and solid lubricants business. The acquired business includes...
http://www.chemweek.com/sections/business_finance/usa_americas/PMC-completes-acquisition-of-Dows-tin-stabilizer-business_49679.html
February 8, 2013
Novozymes says it will acquire Iogen Bio-Products, the industrial enzyme business of Iogen (Ottawa, ON), for C$67.5 million ($67.7 million) and potential earn-out payments of up to...
http://www.chemweek.com/sections/business_finance/usa_americas/Novozymes-acquires-industrial-enzyme-business-from-Iogen_49680.html
February 8, 2013
Companies are forecasting modest growth in the global economy and industrial production in 2013. Fourth-quarter earnings reports highlighted steps taken in response to weak global...
http://www.chemweek.com/sections/business_finance/usa_americas/Slow-growth-seen-for-2013_49688.html
February 8, 2013
Air Products says it has completed the first phase of a two-stage carbon capture project at Port Arthur, TX. The project is part of the US Department of Energy’s (DOE) Industrial...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-completes-first-phase-of-DOE-carbon-capture-project_49699.html
February 8, 2013
Specialty chemical earnings per share (EPS) mostly fell short of analysts’ estimates in the fourth quarter, with companies undermined by weak demand and rising raw material costs...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-firms-income-rises-but-EPS-mostly-miss-estimates_49700.html
February 8, 2013
Gina McCarthy, US EPA’s assistant administrator for the Office of Air and Radiation, is a leading candidate to take EPA administrator Lisa Jackson’s place as EPA chief...
http://www.chemweek.com/sections/business_finance/usa_americas/Report-McCarthy-tops-list-to-replace-EPAs-Jackson_49672.html
February 8, 2013
Quinn: Taking a seat on Ferro’s board? Ferro has sold its solar pastes business to Heraeus (Hanau, Germany), a privately held precious metals technology company, for an...
http://www.chemweek.com/sections/business_finance/usa_americas/Ferro-sells-solar-pastes-investors-critique-management_49673.html
February 8, 2013
Investigators have determined a buildup of methane gas in the basement of an annex building caused the blast that killed 37 and wounded more than 100 at the Mexico City headquarters of...
http://www.chemweek.com/sections/business_finance/usa_americas/Blast-kills-37-at-Pemex-HQ-gas-buildup-blamed_49674.html
January 25, 2013
Monsanto says it has reached a compromise with Brazilian farmers in a legal dispute that has disrupted royalty collections for the company’s first-generation Roundup Ready (RR1)...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-reaches-deal-in-Brazil-soybean-royalties-dispute_49319.html
January 25, 2013
Corn Controversy: Dow expects a 'robust ramp-up' of its genetically engineered Enlist corn in 2014. Dow Chemical says the US launch of its Enlist corn variety—the first seed...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-delays-launching-herbicide-tolerant-corn-to-2014_49289.html
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