IHS Chemical Week

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September 8, 2014
Bemis (Neenah, WI) announced today that it has agreed to sell its pressure-sensitive materials business, Mactac, to private equity firm Platinum Equity (Beverly Hills, CA) for $170...
September 2, 2014
Arsenal Capital’s Royal Adhesives (South Bend, IN) announced today that it has purchased Chemque (Toronto), a maker of polyurethane foams and adhesives for the telecoms, flooring...
September 2, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 18 out of 20 this week. Thus, we continue to post a green banner. Chemical Activity Barometer (CAB) up 0.2%; up 4.3% Y/Y...
August 28, 2014
Silicones and quartz producer Momentive Performance Materials (MPM) says the US Bankruptcy Court for the Southern District of New York is likely to confirm the company’s...
August 21, 2014
Axalta, the former automotive coatings business of DuPont, has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering....
August 18, 2014
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 18 out of 20 this week. Thus, we continue to post a green banner. Producer Prices up 0.1%; up 1.7% Y/Y...
August 5, 2014
Ashland has agreed to an accelerated share buyback worth $750 million, in which the company will repurchase common stock from Deutsche Bank and JP Morgan. The agreement extends through...
August 4, 2014
Private equity firm Clayton, Dubilier & Rice (CD&R; New York) has closed its $1.8-billion acquisition of Ashland’s water technologies business on Friday, renaming the...
August 1, 2014
Private equity firm American Securities (New York) has closed the acquisition of specialties maker Emerald Performance Materials (Cuyahoga Fall, OH) from Sun Capital (Boca Raton, FL)...
July 28, 2014
Credit ratings agency Standard and Poor’s (S&P; New York) has downgraded the credit rating of coatings and composites maker Reichhold Industries (Durham, NC), to CCC- from...
July 28, 2014
RPM today reported fiscal fourth-quarter net income up 66.4% year-on-year (YOY), to $108.8 million, on sales up 9.1%, to $1.28 billion. On an adjusted basis—excluding some...
July 28, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 16 out of 20 this week. Thus, we continue to post a green banner. Chemical Activity Barometer (CAB) up 0.4%; up 4.4% Y/Y...
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