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February 12, 2016
Over the next 25 years, demand and competition for water and energy resources will increase. The world’s population is projected to grow from 7 billion to 9 billion by 2040, according to the United Nations. That growth together with the megatrends of urbanization, increasing mobility, economic development, growth in trade, and climate change will drive increased competition for water, energy, agriculture, and other resources, according to the Food and Agriculture Organization of the United Nations, cites in a white paper produced jointly by General Electric (GE) and the World Resources Institute (WRI; Washington)....
http://www.chemweek.com/sections/specialty_chemicals/Water-treatment-Increasing-demand-tightening-regulations-drive-need-for-reuse_77116.html
February 12, 2016
The mood among fine and specialty chemical manufacturers is still positive despite weakness in some emerging markets and pressure on prices, according to attendees at InformEx 2016, held 2–4 February in New Orleans. Demand from key end markets, including pharma, coatings, and personal care, remains solid. Meanwhile, many pharma ingredient manufacturers are moving capacity back to Western countries, including the United States, accelerating an existing trend....
http://www.chemweek.com/sections/specialty_chemicals/InformEx-2016-Fine-chemical-makers-remain-upbeat_77106.html
February 12, 2016
Saltigo (Leverkusen, Germany) has announced that Torsten Derr will take over as head of the company from April 1. Currently head of the Lanxess board of management’s commercial...
http://www.chemweek.com/sections/specialty_chemicals/Saltigo-names-Torsten-Derr-as-new-boss_77164.html
February 10, 2016
PPG Industries has announced that it has received funding from the US Department of Energy (DOE) to support a project to improve the fuel efficiency of radial tires for trucks and...
http://www.chemweek.com/sections/specialty_chemicals/PPG-receives-DOE-funds-for-fuel-efficient-tires_77052.html
February 9, 2016
Paint company Tikkurila (Helsinki) has announced fourth-quarter 2015 sales of €103.4 million ($115.3 million), compared with sales of €104.4 million, a decrease of 0.9%...
http://www.chemweek.com/sections/specialty_chemicals/Tikkurilas-sales-profit-fall-on-market-challenges_77020.html
February 5, 2016
Sensient Technologies (Milwaukee) has reported sales of $339.2 million in the fourth quarter of 2015, compared with $342.8 million in the corresponding period in 2014. Operating income...
http://www.chemweek.com/sections/specialty_chemicals/Sensient-reports-fall-in-sales-operating-income-up-in-2015_76972.html
February 3, 2016
Johnson Matthey (London) has reported sales of £736 million ($1.06 billion) for the third quarter of 2015, up 3% year-on-year for continuing businesses. The company states that...
http://www.chemweek.com/sections/specialty_chemicals/Johnson-Matthey-reports-sales-rose-in-difficult-conditions_76916.html
January 27, 2016
Lonza has announced sales of 3.80 billion Swiss francs ($3.74 billion) in 2015, an increase of 4.5% year-on-year in reported currency, or 5.7% at constant exchange rates. Core Ebitda...
http://www.chemweek.com/sections/specialty_chemicals/Lonza-reports-higher-full-year-sales-profit_76696.html
February 1, 2016
ACC’s specialty chemicals market volume index was down 2.7% in December 2015 compared with the year-ago month but fell only 0.3% year-to-date (YTD) in 2015 versus one year ago, both figures on a three-month moving average (3MMA). The index slipped 0.1% in December versus the earlier month, following a fall of 0.7% in November (both 3MMA)....
http://www.chemweek.com/sections/specialty_chemicals/ACC-US-specialty-chemicals-moderating_76606.html
January 21, 2016
Rare earth prices stabilized at the end of last year, according to IHS Chemical data. The IHS rare earths oxide price index, a consumption-weighted index of nine rare earth oxides...
http://www.chemweek.com/sections/specialty_chemicals/Rare-earth-prices-stabilize-increases-ahead_76608.html
January 21, 2016
The European Commission has granted authorization for two uses of hexabromocyclododecane (HBCDD), the European Chemicals Agency (ECHA; Helsinki) has reported. The authorized uses are...
http://www.chemweek.com/sections/specialty_chemicals/European-Commission-authorizes-two-uses-of-HBCDD_76568.html
January 21, 2016
Altanahas announced that it is investing $3.5 million in Melior Innovations (Houston). Melior specializes in the development of high-performance materials, such as specialty ceramics...
http://www.chemweek.com/sections/specialty_chemicals/Altana-invests-in-Melior-Innovations_76569.html
January 8, 2016
The Big Three used to refer to the three largest US car makers, all based in Detroit. Today, it refers to the materials used to make cars: steel, aluminum, and chemicals. Government...
http://www.chemweek.com/sections/specialty_chemicals/Automotive-industry-to-buy-50-percent-more-chemicals-by-2020_76241.html
December 18, 2015
The worldwide flavors and fragrances (F&F) market, including essential oils, natural extracts, and aroma chemicals, was worth about $27 billion in 2013 and is projected to be worth...
http://www.chemweek.com/sections/specialty_chemicals/Fragmentation-drives-ongoing-industry-consolidation_75920.html
December 18, 2015
The specialty chemicals market volume index fell 2% year-on-year (YOY) in November on a three-month moving average (3MMA) basis, the American Chemistry Council says. The index also...
http://www.chemweek.com/sections/specialty_chemicals/US-specialty-chemicals-slip-in-November-both-year-on-year-and-on-previous-month-but-rise-year-to-date_75981.html
December 14, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says it is acquiring Wiberg (Salzburg, Austria) for $130.4 million. Wiberg is a producer of savory flavors with...
http://www.chemweek.com/sections/specialty_chemicals/Frutarom-makes-yet-another-acquisition_75824.html
December 11, 2015
One of the global megatrends being addressed by a number of chemical companies is health and nutrition, or how to feed a planet of 7 billion people that will reach 9 billion by 2050, according to the Food and Agriculture Organization of the United Nations (FAO)....
http://www.chemweek.com/sections/specialty_chemicals/Methionine-and-other-amino-acids-Helping-feed-the-world_75762.html
December 11, 2015
Dow Chemical has announced that it will become the 100% owner of Dow Corning, which is currently a 50-50 joint venture with Corning. As part of the deal, Corning will receive $4.8...
http://www.chemweek.com/sections/specialty_chemicals/Dow-Chemical-to-assume-full-ownership-of-Dow-Corning_75798.html
December 7, 2015
The European Chemicals Agency (ECHA; Helsinki) has concluded that the socio-economic benefits of restricting the use of bisphenol A (BPA) in thermal paper are unlikely to be higher...
http://www.chemweek.com/sections/specialty_chemicals/ECHA-completes-evaluation-of-proposal-to-restrict-use-of-BPA-in-thermal-paper_75666.html
December 4, 2015
Global plasticizers use is set to rise to 10.3 million m.t. by 2019, with an average annual growth of 3.9% in 2014–19, IHS Chemical says in an overview published earlier this year....
http://www.chemweek.com/sections/specialty_chemicals/Plasticizers-Markets-switch-to-safer-alternatives_75580.html
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