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October 14, 2011
This Week on CW:   The French National Assembly has voted to ban bisephenol A (BPA) in food packaging by 2014. The French Senate has not taken up the bill, which would make France...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-Oct-14_38357.html
October 14, 2011
Clariant has issued about €365 million ($506 million) in new debt due in 2014 and 2016, the company says. The debt has been issued to German investors. The debt due in 2014 is worth about €242 million, while debt due in 2016 is worth about €123 million....
http://www.chemweek.com/services/financial/Clariant-Issues-&euro365-Million-in-Debt_38310.html
October 13, 2011
Albemarle has increased the size of its share repurchase program to 5 million shares, and raised its quarterly dividend to 17.5 ct/share, the company says. The dividend is payable on...
http://www.chemweek.com/services/financial/Albemarle-Widens-Share-Repurchase-Program-Raises-Dividend_38265.html
October 11, 2011
Topping the headlines last week, Dow Chemical affirmed that it is on track to meet its’ previously announced financial goals, including $10 billion in Ebitda in the near-term, at...
http://www.chemweek.com/services/financial/Chemical-Finance-Digest-Oct-3-7_38239.html
October 11, 2011
PolyOne has more than doubled the size of its share repurchase program, by 5.25 million to 10 million, the company says. The figure represents 11% of PolyOne’s outstanding common...
http://www.chemweek.com/services/financial/PolyOne-Doubles-Size-of-Share-Repurchase-Program_38240.html
October 11, 2011
MACROECONOMIC STATUS Our running tab of positive indicators rose by 3 to 15 out of 20 this week. Thus, we post a green banner. Payroll Employment up 103,000 Unemployment Rate –...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Oct-7-2011_38230.html
October 7, 2011
This Week on CW:   At EPCA 2011 this week in Berlin, attendees discussed a fall in petrochemical demand, though they said 2011 is still expected to be a good year for the...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-Oct-7_38178.html
October 7, 2011
Senior chemical industry executives acknowledge that growth has decelerated since mid-year. “It is true that growth has come down a little bit, but the first half was very...
http://www.chemweek.com/services/financial/Slowdown-Financial-Turmoil-Fuels-Industry-Uncertainty_38142.html
October 7, 2011
Solutia has agreed to acquire Southwall Technologies (Palo Alto, CA), a maker of energy efficient films and glass products aimed at the automotive and architectural markets, the...
http://www.chemweek.com/services/financial/Solutia-to-Acquire-Films-Firm_38165.html
October 4, 2011
Topping the headlines last week, early third-quarter earnings came in mixed, as Mosaic’s rose by 77%, but missed estimates, while Omnova’s fell by 40%, but beat estimates...
http://www.chemweek.com/services/financial/Chemical-Finance-Digest-Sept-26-30_38037.html
October 3, 2011
MACROECONOMIC STATUS Our running tab of positive indicators remained at 12 out of 20 this week. Thus, we continue to post a yellow banner. Consumer Confidence up 0.2 points (still...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Sept-30-2011_37999.html
September 30, 2011
This Week on CW:   Cefic has revised its forecast for EU chemicals production growth downards, to 2.5%. Third-quarter growth is expected to fall “markedly,” though...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-Sept-30_37985.html
September 27, 2011
Omonva’s fiscal third-quarter adjusted net income fell 40% year-on-year, to $4.3 million, the company says. Net income, including non-recurring charges, fell 88%, to $400,000. Adjusted diluted EPS, not including charges, fell to 9 cts/share, beating analysts’ estimates of 5 cts/share, according to Thomson One (New York). Including the charges, Omnova’s third-quarter income totaled 1 ct/share....
http://www.chemweek.com/services/financial/Omnova-Adjusted-Earnings-Fall-40-percent-But-Beat-Estimates_37911.html
September 26, 2011
Toping the headlines last week, Evonik's owners said they would postpone the company's IPO until 2012, at the earliest, due to unfavorable capital market conditions. Evonik, which is...
http://www.chemweek.com/services/financial/Chemical-Finance-Digest-Sept-19-23_37888.html
September 26, 2011
MACROECONOMIC STATUS Our running tab of positive indicators was 12 out of 20 this week. Thus, we continue to post a yellow banner. Existing Home Sales up 7.7% to 5.03 million units; up...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Sept-23-2011_37844.html
September 23, 2011
Private equity firm SK Capital (New York) has raised $500 million for a new fund targeting investments in the chemicals, specialty materials, and healthcare sectors. SK says the...
http://www.chemweek.com/services/financial/SK-Capital-Raises-$500-Million-for-Chemical-Buyout-Fund_37754.html
September 19, 2011
Topping the headlines last week, Deutsche Bank cut fourth-quarter and full-year 2012 earnings estimates for 20 chemical companies by an average of 7% and 6%, respectively. The bank...
http://www.chemweek.com/services/financial/Chemical-Finance-Digest-Sept-12-16_37684.html
September 19, 2011
Air Products has launched a new $1 billion share repurchase program, replacing an older one of equal size which has been completed. The company has repurchased $299 million worth of...
http://www.chemweek.com/services/financial/Air-Products-Launches-New-Share-Buyback_37683.html
September 19, 2011
MACROECONOMIC STATUS Our running tab of positive indicators remained at 12 out of 20 this week. Thus, we continue to post a yellow banner. Retail Trade – flat –; up 7.2%...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Sept-16-2011_37670.html
September 16, 2011
This Week on CW:   Sasol is planning to invest about $10 billion in a gas-to-liquids chemicals complex in Louisiana.   DuPont was awarded $920 million in its suit against...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-Sept-16_37665.html
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