IHS Chemical Week
MARKETS

Olin third-quarter earnings fall 63% on continued weak chlor-alkali

Weak chlor-alkali demand continues to take a toll on Olin’s quarterly results, but the company expects improvement in the fourth quarter. Olin reports third-quarter net income of $26 million, down 63% year-over-year (YOY) from $70 million. Sales totaled $594 million, down 11% YOY from $671 million. Adjusted earnings per share of 42 cents equaled the analysts’ consensus estimate reported by Thomson Reuters....

FDA issues warning letter for Hikma Pharmaceuticals' plant in Portugal

Hikma Pharmaceuticals (London) says it received a warning letter from the FDA on Thursday concerning its plant in Portugal. This letter follows an inspection of the facility in March. FDA raises issues relating to investigations and environmental monitoring...


Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Basic Chemicals

P-xylene prices fall in Europe on the back of softer Asian prices, weaker energy markets

Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets. Naphtha spot prices have dropped more than $100/m.t. this month, according to...

Petrochemicals

Westlake plans $330-million ethylene expansion, improvements at Lake Charles

Westlake says it will invest over $330 million to expand ethylene capacity at its facility in Lake Charles, LA, by 250 million lbs/year and to make other capital improvements. The company expects to complete the expansion in late 2015 or early 2016....

Inorganic Chemicals

Incitec Pivot to Offtake Entire Urea Output From Perdaman Project

Incitec Pivot (Melbourne), a leading global nitrogen-based chemicals producer, has signed an agreement with Perdaman Chemicals and Fertilizers (Perth, Australia) to offtake the entire output of urea from Perdaman's previously announced Collie urea plant in...

Plastics

PTA-PET producer Alpek posts lower results on weaker volume, prices

Alpek (Monterrey, Mexico) posted a 17% decline in consolidated Ebitda for the third quarter of 2014 compared with the corresponding period of last year, to $131 million, on sales down 8%, to $1.6 billion. Ebitda and sales were up 4% and 1%, respectively...

Specialty Chemicals

AkzoNobel opens vehicle refinishes plant in China

AkzoNobel says it has started operations at its previously announced new vehicle refinishes plant at Changzhou, China. Plans to build the plant were announced in 2011. The plant adds about 25 million liters of capacity for Sikkens-, Lesonal-, and...

Fine Chemicals/Biotech

Siegfried API plant at Nantong receives operating approval

Siegfried (Zofingen, Switzerland), a producer of active pharmaceutical ingredients (APIs), pharma intermediates, and finished drugs, says that it has received operating approval from relevant authorities for phase one of the API production plant at its...

Industrial Gases

Linde to Acquire Sri Lankan Gases Firm

Linde says it has offered to acquire all the shares in privately-held Ceylon Oxygen (Colombo, Sri Lanka), and that the offer has been accepted by the major shareholder, Europium, in respect of 95.4% of the shares in Ceylon Oxygen. Ceylon Oxygen, which was...











 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa