Americas
Valspar’s Net Income Falls on Costs and a Weak U.S. Economy
Valspar reported net income for its fiscal second quarter ended April 25 down 17%, to $40.8 million (38 cts/share) including non-cash adjustments of 3 cts/share and 5 cts/share in 2008 and 2007, respectively, for Huarun minority interest shares. Sales rose...
Europe
Fire to Delay Ineos Restart
A small fire that broke out during the restart of Ineos’s 200,000-barrels/day Grangemouth, U.K. refinery on May 10 will “slightly” delay the restart...
Asia/Pacific
Mitsui Establishes Subsidiary in India
Mitsui Chemicals says it has established a subsidiary in India to take advantage of increased sales opportunities based on high growth rates in the Indian market. The new company, dubbed Mitsui Chemicals India (New Delhi), will carry out market research...
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Click here for the latest news and innovations relating to sustainability and the chemical industry from the editors of Chemical Week and the team at SRI Consulting.
Mideast/Africa
Linde JV Plans Large Air Separation Plants in Abu Dhabi
The company's partner is Abu Dhabi National Oil Co....
Viewpoint
Pricing Momentum Continues
Chemical makers continue to post stronger than expected first-quarter earnings, despite weaker volumes and another surge in energy and raw material costs. A key factor behind the resilient earnings has been improved pricing efforts. DuPont says it achieved...
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