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April 8, 2008
Monsanto reported net income for the second quarter of $1.13 billion ($2.02/share), more than double the company’s net income of $543 million in the year-ago period. Sales...
http://www.chemweek.com/sections/top_of_the_week/Monsantos-Profits-Surge-on-Strong-Seeds-and-Traits_11222.html
April 8, 2008
The Valence Group (New York), a newly formed merchant bank that focuses on investments in specialty chemicals and related businesses, says that its SK Capital Partners (New York)...
http://www.chemweek.com/sections/top_of_the_week/Valence-Group-Buys-Acrylic-Supplier-Plans-Additional-Deals_11223.html
April 3, 2008
Syngenta says its financial performance for the first quarter of the year has exceeded expectations and that preliminary sales for the period are likely to have risen 20% compared with...
http://www.chemweek.com/sections/top_of_the_week/Syngenta-Expects-a-Sales-Rise-of-20-percent-in-the-First-Quarter_11189.html
April 2, 2008
Solutia ended a four-year bankruptcy journey late last month, ready to capitalize on a more attractive portfolio and improved capital structure, says chairman and CEO Jeffry Quinn...
http://www.chemweek.com/sections/top_of_the_week/Solutia-Exits-Bankruptcy-on-Stronger-Footing_11111.html
April 2, 2008
Archer Daniels Midland (ADM) has sued five major U.S. railroads charging them with fixing fuel surcharges. The suit alleges that the defendants—BNSF, CSX Transportation, Kansas...
http://www.chemweek.com/sections/top_of_the_week/ADM-Charges-Railroads-with-Fixing-Fuel-Surcharges_11112.html
March 25, 2008
The European Commission has announced a sweep of new proposals to reduce global warming gas (GWG) emissions across the European Union (EU), under which the heaviest polluters would...
http://www.chemweek.com/sections/top_of_the_week/Chemicals-Targeted-by-New-EU-Climate-Change-Proposals_10027.html
March 18, 2008
Firms have less than three months until the start of pre-registration for the European Union’s (EU) Registration, Evaluation, and Authorisation of Chemicals (Reach) law, but 40%...
http://www.chemweek.com/sections/top_of_the_week/Survey-North-Americans-Are-Least-Prepared-for-Reach_10886.html
March 18, 2008
W.R. Grace will pay $250 million to reimburse the U.S. federal government for cleanup of asbestos contamination at Grace’s former Libby, MT vermiculite mine, according to a deal...
http://www.chemweek.com/sections/top_of_the_week/Grace-to-Pay-Record-$250-Million-Fine-for-Asbestos-Cleanup_10887.html
March 10, 2008
Dow Chemical is in the process of transforming itself from a commodity chemical company to a more nimble, risk-taking “entrepreneur” that will be less dependent on cyclical...
http://www.chemweek.com/sections/top_of_the_week/Dow-Aims-to-Become-More-Like-an-Entrepreneur_10747.html
March 10, 2008
Procter & Gamble (P&G) is seeking to collaborate with companies from all industries worldwide, including chemical firms, to help boost innovation, Jeffrey LeRoy...
http://www.chemweek.com/sections/top_of_the_week/P-and-G-Seeks-More-Collaboration-with-Industries_10748.html
March 3, 2008
Solutia reached a settlement last week with lenders to fund its $2-billion exit financing package. The deal cleared the way for the company to emerge from Chapter 11 bankruptcy...
http://www.chemweek.com/sections/top_of_the_week/Solutia-Settlement-Clears-Path-for-Bankruptcy-Exit_10624.html
March 3, 2008
Singapore will become the hub of Lanxess’s operations throughout southeast Asia, following the company’s previously reported €400-million ($593 million) project to...
http://www.chemweek.com/sections/top_of_the_week/Singapore-to-Play-Critical-Role-in-Growth-of-Lanxess_10626.html
February 25, 2008
BASF has named Ulrich von Deessen its inaugural Climate Protection Officer (CPO), making BASF the first major industrial firm to have established the position. Von Deessen is due to...
http://www.chemweek.com/sections/top_of_the_week/BASF-Appoints-Climate-Protection-Officer_10491.html
February 25, 2008
Georgia Gulf, which continues to struggle in the wake of its 2006 acquisition of Royal Group, reported a net loss of $227.3 million ($6.62/share) for the fourth quarter of 2007...
http://www.chemweek.com/sections/top_of_the_week/Georgia-Gulfs-Loss-Widens-New-CEO-Appointed_10509.html
February 19, 2008
Solutia has filed a lawsuit against lenders that have backed away from a commitment to fund a $2-billion exit financing package. The failure to complete the exit financing has stalled...
http://www.chemweek.com/sections/top_of_the_week/Solutia-Sues-Banks-Over-Exit-Financing-Breakdown_10378.html
February 19, 2008
Petromont (Montreal), a 50-50 joint venture between Dow Chemical and the investment arm of the provincial government of Quebec, says it is suspending operations at its ethylene and...
http://www.chemweek.com/sections/top_of_the_week/Dow-JV-Shutters-Canadian-Cracker-and-PE-Plant_10379.html
February 4, 2008
U.S. basic and diversified chemical firms continue to report strong fourth-quarter 2007 results (CW, Jan. 28, p. 9). Overseas operations led earnings growth, as did tax benefits. North...
http://www.chemweek.com/sections/top_of_the_week/Price-Hikes-Mostly-Offset-Rising-Raw-Material-Costs_10161.html
January 28, 2008
Industrial gases producers had a strong fourth quarter and beat analysts’ earnings estimates. Praxair reported net income up 17%, to $316 million (98 cts/share), on sales up 19%...
http://www.chemweek.com/sections/top_of_the_week/Gases-Firms-Report-Strong-Quarter_10028.html
January 22, 2008
Early reporting firms posted strong fourth-quarter results, despite the slowing U.S. economy, particularly the housing sector. PPG Industries reported net income of $200 million...
http://www.chemweek.com/sections/top_of_the_week/Early-Reporters-Results-Unhurt-by-Slowing-Economy_9878.html
January 22, 2008
Sabic has signed an agreement to take a 35% stake in a $1-billion polybutylene terephthalate (PBT) and related intermediates complex planned by Osos Petrochemicals (Yanbu, Saudi...
http://www.chemweek.com/sections/top_of_the_week/Sabic-to-Take-Stake-in-Saudi-PBT-Complex_9879.html
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