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January 11, 2013
RPM’s fiscal second-quarter net income was down 16.5% year-on-year, to $41.7 million, on sales up 11.1%, to $1.02 billion. Net income was negatively impacted by a $10.8-million...
http://www.chemweek.com/sections/news_briefs/RPM-adjusted-earnings-fall-short-of-expectations_48908.html
January 11, 2013
A. Schulman recorded fiscal first-quarter earnings down 13.2% year-on-year, to $11.8 million, on sales up 4.5%, to $540.6 million. Adjusted earnings totaled 50 cts/share, slightly...
http://www.chemweek.com/sections/news_briefs/A-Schulman-first-quarter-earnings-decline_48909.html
January 11, 2013
Andrew Liveris, chairman and CEO of Dow Chemical, has been named recipient of the 2013 Society of Chemical Industry (SCI) Medal from the America International Group of SCI. Liveris...
http://www.chemweek.com/sections/news_briefs/Liveris-honored-by-SCI_48910.html
January 11, 2013
Pilot Chemical (Cincinnati) says it has acquired personal care firm Mason Chemical (Arlington Heights, IL). Financial terms were not disclosed. Pilot says the acquisition will...
http://www.chemweek.com/sections/news_briefs/Pilot-Chemical-purchase_48911.html
January 11, 2013
Compass Minerals has named Francis Malecha its president and CEO, as well as to its board of directors, effective 17 January. Malecha is joining the company with over 25 years of...
http://www.chemweek.com/sections/news_briefs/Compass-Minerals-CEO_48912.html
January 11, 2013
PPG has declared force majeure at its Lake Charles, LA, commodity chemicals plant for vinyl chloride monomer (VCM) and all grades of caustic soda after a fire on 24 December. The fire...
http://www.chemweek.com/sections/news_briefs/PPG-declares-force-majeure-at-Lake-Charles-VCM-plant_48918.html
January 4, 2013
Air Liquide has brought a nitrogen liquefier online at its air separation plant in Cleburne, TX. The liquefier is the second in operation at the facility. The company says the...
http://www.chemweek.com/sections/news_briefs/Air-Liquide-TX-liquefier_48572.html
January 4, 2013
Gabriel Performance Products (Ashtabula, OH) has reached a deal to acquire BASF’s merchant-based epoxy curative business. The acquisition of BASF’s Capcure business...
http://www.chemweek.com/sections/news_briefs/BASF-sells-epoxy-curative-business-to-US-firm_48571.html
January 4, 2013
Evonik Industries says it plans to increase its production capacities for precipitated silica at the company’s Chester, PA, site by about 20,000 m.t./year. The facility, in which...
http://www.chemweek.com/sections/news_briefs/Evonik-to-expand-capacity-for-precipitated-silica_48570.html
January 4, 2013
Newlin: Broadening in specialties. PolyOne has announced plans to acquire Glasforms (Birmingham, AL)—a manufacturer of glass- and carbon fiber–reinforced polymers and...
http://www.chemweek.com/sections/news_briefs/PolyOne-acquires-glass-and-carbon-fiber-manufacturer_48569.html
January 4, 2013
Televantos: Dash deal provides growth platform. Private equity firm Arsenal Capital (New York) has acquired Dash Multi-Corp. (St. Louis) for an undisclosed sum from Marvin Wool, the...
http://www.chemweek.com/sections/news_briefs/Arsenal-Capital-acquires-polyurethanes-and-adhesives-firms_48568.html
December 20, 2012
Airgas has announced the acquisition of 4 welding businesses with combined annual revenues of about $20 million. The acquisitions include US Welding & Safety Supply, Rebel Welding...
http://www.chemweek.com/sections/news_briefs/Airgas-acquisition_48574.html
December 20, 2012
PetroLogistics (Houston) on 17 December took down its Houston propane dehydrogenation (PDH) unit for unscheduled repairs due to a damaged compressor. The company expects the work to...
http://www.chemweek.com/sections/news_briefs/PetroLogistics-PDH-down_48573.html
December 20, 2012
Praxair has acquired PortaGas (Houston), a supplier of cylinder specialty gases. The acquisition includes PortaGas’s 40 employees and its new specialty gases facility in the Houston...
http://www.chemweek.com/sections/news_briefs/Praxair-buys-PortaGas_48575.html
December 20, 2012
Odfjell says it has signed a letter of intent to expand its tank storage joint venture with Lindsay Goldberg (New York), a private equity firm, to include almost all of Odfjell’s...
http://www.chemweek.com/sections/news_briefs/Odfjellprivate-equity-storage-jv-goes-global_48576.html
December 20, 2012
Reverdia (Delft, Netherlands), a joint venture between DSM and Roquette (Lestrem, France), says that it has begun production of biobased succinic acid at its newly built...
http://www.chemweek.com/sections/news_briefs/Reverdia-opens-large-scale-biobased-succinic-acid-unit_48577.html
December 20, 2012
Koenig: Promoted to the Bayer board. Bayer’s supervisory board has appointed Michael Koenig to the group’s management board, effective 1 April 2013. Koenig is currently a...
http://www.chemweek.com/sections/news_briefs/Bayer-appoints-Koenig-to-board-succeeding-Pott_48578.html
December 20, 2012
Linde has agreed to buy home health-care firm Calea France (Sèvres). Calea had sales of €28 million ($36 million) in 2011. The deal is due to close at the start of 2013. Calea will...
http://www.chemweek.com/sections/news_briefs/Linde-acquires-home-care-company-Calea-France_48579.html
December 20, 2012
BASF says it is extending, until 18 January 2013, the offer period for the company’s acquisition of all of the issued and outstanding shares of Pronova BioPharma (Lysaker...
http://www.chemweek.com/sections/news_briefs/BASF-extends-bid_48580.html
December 20, 2012
Evonik says it will begin implementing a “pan-European distribution concept” in its household-care business line on 1 January 2013. Brenntag has been named as Evonik’s partner...
http://www.chemweek.com/sections/news_briefs/Evonik-Brenntag-deal_48581.html
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