IHS Chemical Week
PEOPLE & BUSINESS

CIRFS appoints new president

Meierkord: Europe's man-made fiber industry faces uncertainties CIRFS (Brussels), the European Man-made fiber association, has appointed Heinz Meierkord as president for a three-year term. Meierkord, CEO of Advansa (Chaam, Netherlands), succeeds...

Nihon Nohyaku to acquire Hyderabad Chemical

Nihon Nohyaku (Tokyo), a producer of agricultural chemicals, wood preservatives, pharma and veterinary products is to acquire Hyderabad Chemical Ltd. (Hyderabad, India), maker of crop protection chemicals. Nihon Nohyaku informed the Tokyo Stock Exchange today...


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People/Executives

Univar appoints new CFO

Chemicals distributor Univar says that it has appointed Carl Lukach as executive v.p. and chief financial officer (CFO). He succeeds Beatty D’Alessandro, who will be leaving Univar on 8 December. Lukach joins Univar following a 34-year career at DuPont...

Companies

Sipchem Misses Earnings Estimates on Lower Revenues

The Saudi International Petrochemical Co. (Sipchem) reported third quarter net profit of SR84.1 million ($22.4 million), a 54% increase on the third quarter of 2009. The result was lower than consensus estimate of SR128 million and that of Sico Research...

Emerging Companies

Gevo adds licensee

Renewable chemicals and fuels firm Gevo, Inc. (Englewood, CO) announced today that Highlands EnviroFuels, LLC has signed a letter of intent to become a Gevo licensee to produce renewable isobutanol. Highlands will build a commercial-scale 'Brazilian-style...

Earnings/Finance

Sabic Reports Big Rise in Net Profit on Increased Sales and Higher Prices

Saudi Basic Industries (Sabic) reported a 46% rise in third quarter net profit to SR5.33 billion ($1.42 billion) compared with the same period in 2009. The net result was 6% higher than in the second quarter of this year. The company's gross income in the...

M&A

US approves GSK-Novartis vaccines and consumer healthcare deals

The US Federal Trade Commission (FTC) voted on Wednesday to approve GlaxoSmithKline’s (GSK) proposed acquisition of Novartis's vaccines business, excluding influenza vaccines, together with the proposed creation of a consumer healthcare joint venture...

Reach

ECHA starts public consultation on methyl hydrazine under CLH

The European Chemicals Agency (ECHA; Helsinki) has opened a public consultation for methyl hydrazine under the harmonized classification and labeling (CLH) regulation. The CLH dossier is being submitted by the Netherlands. The hazard class open for comments...











 
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