IHS Chemical Week
SPECIALTY CHEMICALS

French turpentine producer invests in new CTO technology

9:45 AM MST | December 18, 2014 | Francinia Protti-Alvarez

Dérivés Résiniques et Terpéniques (DRT; Dax, France) has acquired a new crude tall oil (CTO) fractionation technology on its site at Vielle-Saint-Girons, France. Crude tall oil is a co-product deriving from kraft pulping. DRT has...


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Evolva completes acquisition of Allylix

Flavors and fragrances manufacturer Evolva (Reinach, Switzerland) says it has completed its acquisition of Allylix (San Diego, CA), a start-up with technology for bio-based fragrance ingredients. Evolva will pay a consideration of 46 million newly-issued...

ICL raises prices of phosphorus-based flame retardants

ICL Industrial Products, a segment of Israel Chemicals Ltd. (ICL; Tel Aviv), announced price increases of 5-10% for selected phosphorus-based registered-Fyrol flame retardants. The price increases are effective immediately, or as contracts...

LG Electronics and Dow link in quantum dot TV project

Dow Chemical will supply quantum dot material to LG Electronics, which is launching a new range of high-tech TVs in early 2015. Dow is building a quantum dot factory in South Korea using technology from Nanoco Group, with production starting in the first half...

Sherwin-Williams narrows guidance, details Lowe's program

Sherwin-Williams (SW) today narrowed its full-year 2014 adjusted earnings guidance to $8.75–8.80/share compared with $8.70–8.80/share previously. Full-year sales are expected to rise by 9.0% from 2013 levels, the low end of prior guidance due to...

BASF to supply Chery automotive plant in Brazil

BASF’s coatings division has become the sole supplier of automotive coatings for Chery's (Wuhu, China) automotive production plant at Jacarei, Brazil, which started operations in August....

Arkema completes capital increase to help finance Bostik acquisition

Arkema has completed a share capital increase–with preferential subscription rights–that was launched on 19 November as part of the financing of the proposed acquisition of Bostik from Total, Arkema has announced today. Gross proceeds of the share...

Sherwin-Williams to supply paint to Lowe's under new deal

Sherwin-Williams (SW) announced today that it will supply paint to Lowe’s, the US building-supply retailer, under a program called HGTV Home. Products under that brand will be available at Lowe’s stores and on Lowe’s website starting in...

Renewable chemical company to build glucaric acid plant

Rivertop Renewables (Missoula, MT), a specialty chemicals company, has begun construction on a commercial plant at DanChem Technologies’ (DTI) site at Danville, VA. DTI will begin production of Rivertop’s glucaric acid-derived products beginning...

KMG Chemicals earnings decline on lower sales

KMG Chemicals today reported fiscal 2015 first-quarter net income down 12% year-on-year (YOY), to $1.19 million, on sales down 3%, to $90.8 million. Adjusted net income rose 14%, to $2.86 million, or 24 cts/share. Weakness in the wood treating chemicals...

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