IHS Chemical Week

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Displaying 501 - 512 of 1229 stories.
November 20, 2012
Chinese Chengdu Tianqui Industry Group (Tianqi; Tianqi, China) has submitted a C$808 million ($811 million) offer to acquire the remaining shares in Talison Lithium (Perth, Australia)...
November 20, 2012
Valspar’s fiscal fourth-quarter net income totaled $73.8 million, or 79 cts/share, compared with a loss of $295.7 million in the year-ago quarter. Adjusted earnings of 86...
November 19, 2012
Westlake Chemical has declared a $3.75/share special dividend, payable to shareholders on 12 December. The company will spend $250 million in cash on hand to pay the dividend. Westlake...
November 16, 2012
Albemarle is changing its pension accounting method to mark-to-market (MTM) accounting, effective for the 2012 fiscal year, the company says. The new method will be used when the...
November 14, 2012
Moody’s has downgraded its credit outlook for the chemical industry in North America, as well as Europe, the Middle East, and Africa (EMEA), the ratings service says. The outlook...
November 14, 2012
Private equity firm Kohlberg Kravis Roberts & Co. (KKR; New York) is selling 6.9 million shares in Rockwood, the company says. Rockwood itself will receive no proceeds from the...
November 9, 2012
OM Group today reported adjusted earnings of 25 cts/share, 32% below analyst’s consensus estimate of 37 cts/share, as reported by Thomson Reuters (New York). The company...
November 7, 2012
MEMC Electronic Materials swung to a third-quarter profit of $37 million, compared with a loss of $77 million in the year-ago quarter. Earnings totaled 16 cts/share, compared with...
November 6, 2012
KeyBanc Capital Markets (Cleveland) has named Mario Toukan head of the firms’ chemicals practice. Toukan will be responsible for advising chemical clients on M&A and...
November 6, 2012
In an effort to push out debt maturities, Dow Chemical is issuing $2.5 billion in senior unsecured ten and thirty year bonds. Credit rating agency Moody’s Investors Service (New...
November 5, 2012
MACROECONOMIC STATUS Our running tab of positive indicators slipped by 2, to 13 out of 20 this week. Thus, we continue to post a green banner. Non-Farm Payrolls up 171,000 Unemployment...
November 2, 2012
Credit ratings service Moody’s Investors Service (New York) has raised Dow Chemical’s corporate rating to ‘Baa2,’ from ‘Baa3,’ due to “the...
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