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August 14, 2015
Syngenta has reported first-half integrated sales of $7.6 billion, a 3% increase at constant exchange rates (CER). Second-quarter integrated sales were up 7% at CER, to $3.46 billion...
http://www.chemweek.com/sections/news_briefs/Syngenta-posts-lower-sales-earnings-confirms-targets_72975.html
August 14, 2015
Kem One Group SAS (Lyon, France), jointly owned by private equity firm OpenGate Capital and Alain de Krassny, has acquired Kem One Innovative Vinyls from The Klesch Group. Kem One...
http://www.chemweek.com/sections/news_briefs/Kem-One-SAS-buys-Kem-One-Innovative-Vinyls_72976.html
August 14, 2015
Brenntag has acquired a 51% stake in chemicals distributor Trychem (Dubai). Trychem distributes solvents serving the paint, ink, and coatings industries mainly in the United Arab...
http://www.chemweek.com/sections/news_briefs/Brenntag-Dubai-deal_72977.html
August 14, 2015
Sichuan Hebang (Chengdu, China), in its first investment outside China, has agreed to buy a 51% stake in agricultural chemicals company Stockton (Petah Tiqwa, Israel) for $90 million...
http://www.chemweek.com/sections/news_briefs/Agchem-acquisition_72978.html
August 14, 2015
Materis Paints (Clichy, France), an international player in decorative paints, has changed its name to Cromology. The company has brands that include Tollens and Zolpan in France...
http://www.chemweek.com/sections/news_briefs/Paints-name-change_72979.html
August 6, 2015
EMS Chemie (Herrliberg, Switzerland) has today reported sales of 969 million Swiss francs ($990.0 million) in the first half of this year compared with SF999 million in the...
http://www.chemweek.com/sections/news_briefs/EMS-Chemie-sales-fall-on-currency-effects-but-profit-rises_72791.html
August 5, 2015
Specialty chemicals company Altana (Wesel, Germany) says it has successfully adjusted and extended a syndicated line of credit for €250 million ($271.7 million). The credit...
http://www.chemweek.com/sections/news_briefs/Altana-extends-$274-million-credit-facility_72755.html
August 5, 2015
Swan Chemical, a wholly owned subsidiary of specialty chemicals firm Thomas Swan (Consett, UK) says it has acquired Production Systems Inc. (PSI; Akron, OH), a distributor of a range...
http://www.chemweek.com/sections/news_briefs/Swan-Chemical-acquires-Production-Systems-Inc-_72758.html
August 4, 2015
Sun Chemical (Parsippany, NJ), a wholly owned subsidiary of DIC (Tokyo), has announced that it has acquired Kingfisher Colours (Reading, UK), a privately owned cosmetics color...
http://www.chemweek.com/sections/news_briefs/Sun-Chemical-acquires-UK-cosmetics-color-firm_72723.html
August 4, 2015
Paints and coatings company Tikkurila (Helsinki) has reported that sales fell 7% year-on-year in second-quarter 2015, to €179.5 million ($196.9 million), compared with €192.9...
http://www.chemweek.com/sections/news_briefs/Tikkurila-sales-fall-in-second-quarter-and-first-half-but-profitability-improves_72721.html
August 4, 2015
Evonik Industries has posted sales of €3.52 billion ($3.86 billion) in the second quarter, up 8% year-on-year (YOY). Adjusted net income leaped by 70% YOY, to €307 million...
http://www.chemweek.com/sections/news_briefs/Evonik-sales-increase-Ebitda-rockets-raises-full-year-outlook-again_72717.html
July 31, 2015
Westlake Chemical Partners (WLKP) has filed comments arguing against proposed IRS regulations barring master limited partnerships (MLPs) based on the steam cracking of natural gas...
http://www.chemweek.com/sections/news_briefs/Westlake-makes-case-for-MLPs_72613.html
July 31, 2015
The European Commission has given the green light to the French government to release €125 million ($136.6 million) in state aid to chlor-alkali and polyvinyl chloride (PVC)...
http://www.chemweek.com/sections/news_briefs/EU-approves-French-state-aid-to-Kem-One_72616.html
July 31, 2015
Industrial gases company Taiyo Nippon Sanso (Tokyo) has agreed to acquire Renegade Gas Pty (RGP; Ingleburn, Australia), a liquefied petroleum gas (LPG) and industrial gases company...
http://www.chemweek.com/sections/news_briefs/Taiyo-Nippon-Sanso-buys-gases-firm-in-Australia_72617.html
July 31, 2015
CVC Capital Partners, continuing its gradual withdrawal from Evonik Industries, has sold 15 million shares in Evonik for about €520.0 million ($566.8 million), reducing its stake...
http://www.chemweek.com/sections/news_briefs/CVC-cuts-Evonik-stake_72618.html
July 31, 2015
ACC’s chemical activity barometer (CAB), a leading indicator of economic activity, increased 0.1% in July on a three-month moving average, following consecutive monthly gains during...
http://www.chemweek.com/sections/news_briefs/ACC-CAB-rises-modestly-in-July-signals-slow-gains-in-activity-into-early-2016_72604.html
July 31, 2015
Univar posted a second-quarter net loss of $12.4 million due mainly to expenses related to the company’s initial public offering and debt repayment. The stronger US dollar and...
http://www.chemweek.com/sections/news_briefs/Univar-posts-loss-on-IPO-expense-currency-impacts_72605.html
July 31, 2015
DuPont has named Marc Doyle senior v.p./safety and protection. He will report to Ellen Kullman, chair and CEO....
http://www.chemweek.com/sections/news_briefs/DuPont-realigns-senior-management_72606.html
July 31, 2015
Liquid Light (Monmouth Junction, NJ) and Coca-Cola have signed an agreement to accelerate developing Liquid Light’s carbon dioxide–to–monoethylene glycol technology. The details...
http://www.chemweek.com/sections/news_briefs/Liquid-Light-signs-CO2-to-MEG-with-Coca-Cola_72607.html
July 31, 2015
Royal Dutch Shell says that it will cut 6,500 jobs this year, almost 7% of its workforce, to help offset the impact of low oil prices. Shell also plans to reduce capital expenditure...
http://www.chemweek.com/sections/news_briefs/Shell-to-cut-6500-jobs-groupwide-on-low-oil-prices_72608.html
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