IHS Chemical Week
COMPANIES

Air Liquide signs carbon dioxide sourcing agreement with Oregon producer

1:28 PM MST | November 25, 2014 | Lindsay Frost

Air Liquide says it has signed a purchase agreement with Kodiak Carbonic, a Pacific Ethanol subsidiary and producer of beverage-grade liquid carbon dioxide (CO2). Under the agreement, Air Liquide will purchase all CO2 produced at Kodiak...


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Valspar earnings easily beat estimates

Valspar today reported fiscal fourth-quarter net income up 70% year-on-year (YOY), to $108.1 million, on sales up 11%, to $1.23 billion. Adjusted earnings totaled $117 million, or $1.38/share, up 35% YOY well ahead of analysts’ consensus estimate of...

AkzoNobel sponsors study to assess viability of producing chemicals from beetroot sugars

AkzoNobel has joined forces with SuikerUnie (Dinteloord the Netherlands), Rabobank (Utrecht, the Netherlands), Deloitte, Investment and Development Agency for the Northern Netherlands (NOM; Groningen, the Netherlands), Groningen Seaports (Delfzijl, the...

Schulman names Americas execs

A Schulman has named Brent Middleton v.p. and general manager/United States and Canada and Gustavo Perez v.p. and general manager/Latin America, the company says. The two will be responsible for driving growth in their respective regions, building on the...

Uralkali denies claims it's readying partial restart at Solikamsk-2 mine

There are no discussions currently taking place to fully or partially relaunch production at Uralkali's (Berezniki, Russia) Solikamsk-2 mine, the company says. "[O]ne of the major tasks at the current stage of liquidation of the accident...

Adama postpones IPO as a result of lower grain prices

Adama Agricultural Solutions (Airport City, Israel), a major generic crop protection solutions company, has postponed its previously announced initial public offering and ceased marketing of its ordinary shares. Adama made the announcement earlier this...

Syngenta cuts to impact 1,800 jobs

Syngenta says it will eliminate or relocate 1,800 jobs as part of an ongoing restructuring program that is expected to generate savings of $265.0 million in 2015. The reductions will impact Syngenta’s commercial, R&D, and global operations...

Albemarle closes on Rockwood acquisition financing

Albemarle says it has closed on $1.025 billion in new, unsecured, bonds, the proceeds of which will mostly go wards financing the acquisition of Rockwood. The bonds consist of a $250 million tranche due in 2019 with a 3% interest rate; a 4.15%, $425-million...

Dow Chemical, Third Point reach agreement on board seats

Dow Chemical and hedge fund Third Point (New York) have reached an agreement on the composition of Dow’s board, averting a potential proxy fight for at least one year....

IFF expands flavors presence in Indonesia and Chile

IFF announced today it is expanding its flavors business in Indonesia and Chile, with new facilities in both countries. In Indonesia, the company is doubling the size of an existing flavors creative center at Jakarta, to 1,500 square meters. The expansion was...

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