IHS Chemical Week

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October 10, 2013
Chemtura has reached agreement to sell its pool and spa chemicals business to KIK Custom Products (Toronto) for $315 million. The company also announced that is exploring the sale of...
October 9, 2013
RPM today reported first-quarter net income more than double that of the year-ago quarter, at $103.1 million, on sales up 11.3% year-on-year (YOY), to $1.17 billion. Earnings totaled...
September 30, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained stable at 17 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.4%; up 3.3% Y/Y Consumer...
September 30, 2013
Omnova Solutions today reported fiscal third-quarter earnings of $9 million, or 19 cts/share, up 30.4% year-on-year (YOY), on sales down 9.4%, to $261.2 million. Earnings fell short of...
October 2, 2013
H.B. Fuller today reported fiscal third-quarter net income from continuing operations of $27.2 million, or 53 cts/share, up 1.1% year-on-year (YOY), on net revenue up 2.8%, to $514.6...
September 25, 2013
A. Schulman has entered into a new credit agreement composed of a $300-million credit facility and a $200-million term loan, refinancing an old $300-million facility that was slated to...
September 23, 2013
Agrium announced today that it is raising its annual dividend by 50%, to $3/share. The dividend will be paid in quarterly installments of 75 cts/share, the company says. The next...
September 17, 2013
Huntsman and Rockwood today announced that Huntsman will buy Rockwood’s titanium dioxide (TiO2) pigments business, as well as other businesses, for $1.33 billion...
September 16, 2013
Rockwood is in negotiations to sell its Sachtleben titanium dioxide (TiO2) pigments business to Huntsman for $1 billion to $1.2 billion, according to a Reuters report. A deal could be...
September 16, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained stable at 15 of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 0.4%; up 5.8% Y/Y Import...
September 10, 2013
LyondellBasell is planning to pay a 50 cts/share interim dividend on 7 October to shareholders of record as of 23 September. The ex-dividend date, after which buyers of LyondellBasell...
September 9, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Non-Farm Payrolls up 169,000 Unemployment Rate down to...
August 29, 2013
Synalloy has acquired the production and business assets, including a plant in South Carolina, of Color Resources (CRI; Spartanburg, SC), for a total purchase price of $4.55 million...
August 29, 2013
Rockwood’s board of directors has voted to raise its quarterly dividend 12.5%, to 45 cts/share, the company says. The dividend will be paid on 26 September to shareholders of...
August 28, 2013
Aceto’s (Port Washington, NY) fiscal fourth-quarter net income was up 35.7% year-on-year (YOY), to $5.4 million, or 19 cts/share, on sales up 11%, to $123.1 million, the company...
August 28, 2013
RPM announced today that it has reached an agreement with the US General Services Administration (GSA; Washington) resolving a dispute over improper pricing and discounting practices...
August 22, 2013
Privately held Warwick Chemicals (Mostyn, UK) says it has secured a £38.5-million ($60.3 million) debt refinancing package from the Royal Bank of Scotland Corporate &...
August 19, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 14 out of 20 this week. However, we continue to post a green banner. Consumer Prices up 0.2%; up 2.0% Y/Y...
August 14, 2013
M&G Chemicals (Tortona, Italy) is preparing to list its shares on the Hong Kong Stock Exchange, according to various financial newspapers. The company is seeking to raise about...
August 13, 2013
Clariant and Ashland are planning to sell their 50-50 foundry chemicals joint venture, ASK Chemicals, according to a Reuters report. The business, which is operated by Clariant and...
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