IHS Chemical Week

The latest chemical industry news

BASF reports higher earnings on flat sales, will reduce capital expenditure this year

12:47 AM MST | February 27, 2015 | Natasha Alperowicz in Ludwigshafen

BASF today reported fourth-quarter sales of €18.0 billion ($20.2 billion) almost matching the previous year’s level of €18.1 billion. Earnings before interest and tax (Ebit) was 2.8% higher at €1.5 billion. The company reported...

Cefic: EU chemical growth "stagnant in 2014"

9:21 AM MST | February 27, 2015 | Michael Ravenscroft

Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back to peak levels achieved in 2008, but were 5.3% below the peak level...

Bayer reports improved results, will decide on either a spinoff or IPO of MaterialScience

Sika reports record year 2014, sales grow 8% to $5.9 billion, Ebit leaps 21%

Solvay's net profit soars but functional polymers sales shrink

More Top of the News...

This week

Paints and coatings: Bright outlook, enhanced functions

The global paints and coatings sector is rolling into a bright 2015, with growth prospects buoyed by a solid North American economy and cheaper oil. Producers are optimistic about growth in most coatings end markets, although low oil prices could weaken some industrial markets. Meanwhile, new functionalities are a key driver of product development...read more>>


ACC highlights recent conclusions on BPA: "FDA and EFSA assessments clearly state that BPA is safe"

8:43 AM MST | February 27, 2015 | Michael Ravenscroft

ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol A (BPA). The council says that it “believes that it is important to...


Evonik signs distribution deal with MedPalett for natural berry extract

3:01 AM MST | February 27, 2015 | Deepti Ramesh

Evonik Industries says that it has signed a distribution agreement with MedPalett (Sandnes, Norway), a wholly owned subsidiary of life sciences company Biolink Group (Sandnes), under which Evonik will distribute Medpalett’s MP865, a nutritional...

news round-up

Assessing crude's impact on Q4, January 23

Chemical industry financial analysts expect North American chemical companies to report solid fourth-quarter earnings, driven by lower raw material costs and solid demand, but the outlook for 2015 will be cautious. In research notes, the analysts cite a range of factors driving industry performance, but the recent collapse of crude oil pricing stands out. A majority of US chemical makers report are set to report fourth-quarter earnings over the next two weeks. ...


Sumitomo Chemical to integrate environmental health and vector control businesses

3:53 AM MST | February 27, 2015 | Deepti Ramesh

Sumitomo Chemical says that it will integrate its environmental health and vector control businesses into a reorganized environmental health division, effective 1 April. Sumitomo’s environmental health division currently focuses on household...


IFF expands flavors facility in South Africa

12:05 AM MST | February 27, 2015 | Deepti Ramesh

International Flavors & Fragrances (IFF), a creator of flavors and fragrances for consumer products, says that it has expanded its flavors facility at Isando, South Africa. The new facility includes flavor creation, application and sensory laboratories...


Paints brighten

4:14 PM MST | February 26, 2015

Producers are positive about the outlook for the global paints and coatings market, as our cover story this week shows (p. 21)....

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