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May 10, 2011
Quaker Chemical has closed its previously announced public share offering, selling 1.265 million shares at $40.50 each. The company sold all shares itself, and the offering's...
http://www.chemweek.com/services/financial/Quaker-Chemical-Closes-Share-Sale_34729.html
May 6, 2011
This Week on CW: BASF reports a 28% rise in earnings as former CFO Kurt Bock takes the helm as CEO. IHS, the parent company of Chemical Week, has acquired CMAI. Danisco's board...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-May-6_34680.html
May 5, 2011
Quaker Chemical is planning to sell 1.1 million shares of common stock at $40.50/share in a public offering, the company announced today. The company will sell the shares directly...
http://www.chemweek.com/services/financial/Quaker-Chemical-to-Sell-Shares-update_34581.html
May 5, 2011
SK Capital Partners (New York), a private equity firm, has purchased a majority stake in Calabrian Corp. (Port Neches, TX), a maker of sulfur dioxide and derivatives, the companies...
http://www.chemweek.com/services/financial/SK-Capital-Buys-Majority-Stake-in-Calabrian-Corp-_34574.html
May 4, 2011
Editor's note: This is our new round-up of major financial and economic news that affects the chemical industry. If you have any questions, comments, suggestions or tips please email...
http://www.chemweek.com/services/financial/Chemical-Finance-Digest-April-25-29_34546.html
May 4, 2011
By Jane Lee, v.p./Supply Chain Consultants Every chemical company in 2011 would love to either a) increase revenue or b) reduce costs. Increasing revenue depends on many factors too...
http://www.chemweek.com/services/financial/Improving-the-Bottom-Line-in-Chemicals_34552.html
May 2, 2011
Celanese is planning to issue $400 million in new, unsecured debt, due 2021, according to ratings agency reports. The proceeds from the sale of the debt, along with $122 million in...
http://www.chemweek.com/services/financial/Celanese-to-Issue-Debt_34515.html
May 2, 2011
MACROECONOMIC STATUS Our running tab of positive indicators rose by two to 17 out of 20 this week. Thus, we continue to post a green banner. Consumer Confidence ↑ 1.6 points...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-April-29-2011_34508.html
April 29, 2011
This Week on CW: It's earnings season, and the results have been strong all-around. Dow's earnings jumped 31% on price and demand improvement. ExxonMobil Chemical posted $1.5 billion...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-April-29_34473.html
April 27, 2011
DuPont is launching a $2 billion share repurchase program, to offset dilution of the company's stock due to compensation plans. The new program will begin once DuPont exhausts the $500...
http://www.chemweek.com/services/financial/DuPont-Launches-Share-Repurchase-Program_34410.html
April 26, 2011
Sigma-Aldrich's earnings for the first-quarter of 2011 totaled $119 million, or 97 cts/share, the company announced today. Income totaled $100 million, or 82 cts/share during the same...
http://www.chemweek.com/services/financial/Sigma-Aldrich-Earnings-Rise-on-Higher-Volumes_34389.html
April 25, 2011
Editor's note: Our offices were closed on Friday. Here's a quick, if belated, news and innovation round-up. This Week on CW: Dow Chemical is planning a major ethylene and propylene...
http://www.chemweek.com/services/financial/News-and-Innovation-Round-Up-April-25-2011_34356.html
April 25, 2011
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. We continue to post a green banner. Housing Starts ↑ 7.2%; ↓ 13.4% Y/Y Building...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-April-22-2011_34353.html
April 15, 2011
This Week on CW: RAG Foundation, the owner of Evonik, is planning an IPO of the company within 15 months. A new report says the EU's biofuel policies "encourage unethical...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-April-15_34211.html
April 12, 2011
Monsanto is issuing $300 million in new debt due in 2016, the company announced today. The debt will carry an interest rate of 2.75%. It is rated 'A2' by Moody's Investors Service, in...
http://www.chemweek.com/services/financial/Monsanto-to-Issue-$300-Million-in-Debt_34079.html
April 11, 2011
MACROECONOMIC STATUS Our running tab of positive indicators slipped by 2 to 12 out of 20 this week. However, we continue to post a green banner. Consumer Debt ↑ 0.3%; ↓ 1.0%...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-April-8-2011_34044.html
April 8, 2011
This Week on CW: Solvay is acquiring Rhodia for $4.8 billion, ending months of speculation over what the Belgian company will do with its pile of cash. At GPCA Plastics Forum in Dubai...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-April-8_34036.html
April 5, 2011
Molycorp (Greenwood Village, CO) has purchased a 90% stake in AS Silmet (Tallinn, Estonia), which owns and operates a rare earths production facility at Sillamae, Estonia, for $89...
http://www.chemweek.com/services/financial/Molycorp-Buys-European-Rare-Earths-Facility_33942.html
April 5, 2011
International Finance Corporation (IFC; Washington), a member of the World Bank group, says it has provided a $30-million loan to Engro Fertilizers Pakistan (Karachi), a wholly-owned...
http://www.chemweek.com/services/financial/IFC-Provides-Loan-to-Engro-Fertilizers-Pakistan-to-Expand-Urea-Capacity_33955.html
March 21, 2011
MACROECONOMIC STATUS Our running tab of positive indicators fell by one to 14 out of 20 this week. However, we continue to post a green banner. Import Prices ↑ 1.4%; ↑ 6.9%...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-March-18-2011_33601.html
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