IHS Chemical Week

The latest chemical industry news

ACI 2015: Upbeat mood for home care sector

6:14 PM MST | January 29, 2015 | Vincent Valk and Robert Westervelt in Orlando, FL

Attendees at the American Cleaning Institute’s annual convention in Orlando, FL this week say that the mood in the cleaning and home care sector is upbeat.  Turnout was the highest in 10 years with more than 900 attendees at the convention...

Dow blows past estimates, says lower oil prices good for global economy

9:59 AM MST | January 29, 2015 | Rebecca Coons

Higher volumes and an advantaged feedstock position helped lift Dow’s fourth-quarter earnings above estimates. Net income fell 18.4% year-on-year, to $839 million. Adjusted earnings of 85 cts/share were 30.8% higher YOY and well ahead of the consensus...


Mitt Romney outlines policy priorities at ACI convention

ACI 2015: TSCA reform tops regulatory agenda

Air Products beats estimates with 17% earnings gain

More Top of the News...


ACI 2015 CONVENTION NEWS

Read our special digital edition of the American Cleaning Institute Covention News. More»


This week

Fine chemicals:
Stringent regulations prompt return of manufacturing to the West

Pharmaceutical ingredient manufacturers are witnessing a rise in demand, and they remain positive about the near-term outlook for the industry. Increasingly stringent regulations on manufacturing standards, however, are causing some manufacturing to return from Asia to the West...read more>>

Americas

Sherwin-Williams earnings rise, but miss estimates

10:22 AM MST | January 29, 2015 | Vincent Valk

Sherwin-Williams (SW) today reported fourth-quarter net income up 14.3% year-on-year (YOY), to $132.7 million, on sales up 4.6%, to $2.57 billion. Earnings totaled $1.37/share, slightly short of analysts’ consensus estimate of $1.38/share, as reported...

Europe

Wacker lifts fourth-quarter, full-year sales and earnings on strong demand and prices

1:32 AM MST | January 29, 2015 | Natasha Alperowicz

Wacker Chemie announced today that its fourth-quarter Ebitda rose by 14%, to €180.0 million ($203.2 million), compared with the year before. Sales advanced by almost 10%, to €1.19 billion. Vigorous customer demand lifted sales...

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. ...

Asia/Pacific

BASF starts up polymer dispersions plant in Malaysia

1:35 AM MST | January 29, 2015 | Deepti Ramesh

(L-R) Jeff Knight, senior v.p. of BASF dispersions & pigments, Asia/Pacific; Markus Kramer, president of BASF dispersions & pigments; Mohd Shukri Mohd Masbah, general manager of Johor State Investment Centre; and Daniel Loh, managing director of BASF...

Mideast/Africa

Sadara and Bavarian partnership sign cooperation agreement for PlasChem Park

5:31 AM MST | January 28, 2015 | Natasha Alperowicz

Sadara, a joint venture between Saudi Aramco and Dow Chemical, and Chemie-Cluster Bayern (CCB) have announced that they have signed an agreement to cooperate and jointly support the development of chemical based value chains in PlasChem Park at Jubail, Saudi...

Viewpoint

Quarterly call

4:25 PM MST | January 22, 2015

The 2015 outlook should become clearer over the next two weeks as the majority of US chemical makers report fourth-quarter earnings and outline expectations for the year ahead....











 
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