IHS Chemical Week
SPECIALTY CHEMICALS

Former Ashland senior v.p. to join Balchem as CEO

2:18 PM MDT | April 22, 2015 | Vincent Valk

Balchem says it has appointed Ted Harris as its president and CEO, effective 28 April. Harris was most recently senior v.p. and president/performance materials at Ashland. He headed the performance materials division, developing strategy and overseeing supply...


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DuPont earnings fall on currency impacts but beat estimates

DuPont today reported net income down 28% year-on-year (YOY), to $1.03 billion, on net sales down 9%, to $9.17 billion. Operating earnings totaled $1.34/share, beating analysts’ consensus estimate of $1.31/share, as reported by Thomson Reuters (New...

Sensient Technologies reports solid performance in first quarter

Sensient Technologies (Milwaukee) has reported net earnings of of $30.5 million the first quarter of 2015 compared with a loss of $2.08 million in the year-ago quarter. Revenue declined 5.7% year-on-year (YOY), to $346.2 million. Adjusted earnings totaled 76...

Albemarle, university researchers report FCC catalyst imaging breakthrough

Albemarle says a catalyst research collaboration with Utrecht University and Stanford University has yielded to an innovative, new method for observing fluid catalytic cracking (FCC) catalyst behavior at the nanoscale. "Using X-ray nano-tomography as a...

Sherwin-Williams earnings fall short of estimates due to currency impacts

Sherwin-Williams (SW) today reported first-quarter net income up 13.8% year-on-year (YOY), to $131.4 million, on sales up 3.5%, to $2.45 billion. Earnings totaled $1.38/share, short of analysts’ consensus estimate of $1.44/share, as reported by Thomson...

PPG beats estimates on cost cuts

PPG Industries today reported first-quarter net income from continuing operations totaling $321 million, or $2.33/share, up 15.9% year-on-year (YOY), on sales up 1%, to $3.7 billion. Adjusted net income from continuing operations totaled $327 million, or...

Tikkurila opens plant based on novel production concept in Kazakhstan

Paints and coatings company Tikkurila (Helsinki) says it is expanding its production network with the opening of a new factory in Almaty, Kazakhstan, in April 2015. The plant will produce water-borne decorative paints to meet local market needs, Tikkurila...

Germany-based oleochemical firm starts up plant in Malaysia

Peter Greven (Bad Münstereifel, Germany), a leading producer of oleochemical additives, says that it is starting up a produciton facility this month for metallic soaps at the company's Penang, Malaysia site. The project is intended to meet increasing...

Delo Industrial Adhesives reports sales grew 24% in 2014, aims to increase workforce by 15%

Delo Industrial Adhesives (Windach, Germany), which produces adhesives and application technologies for a wide range of industries, says it achieved sales revenues of €74 million ($78.3 million) in its fiscal 2014, which ended 31 March, an increase of...

Arkema starts up coatings resins reactor in Brazil

Arkema has expanded its acrylic resin manufacturing capacity at Araçariguama, Brazil, by 60%, the company announced today. A new reactor will enable Arkema to introduce its products previously unavailable in the region, the company says. As production...

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