IHS Chemical Week

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U.S. (10716)


U.S.

Private equity firms close Emerald Performance Materials deal
Private equity firm American Securities (New York) has closed the acquisition of specialties maker Emerald Performance Materials (Cuyahoga Fall, OH) from Sun Capital (Boca Raton, FL), another private equity firm. Terms of the transaction, including financial...

Bechtel appoints chairman's son as president and COO
Leading engineering and construction firm Bechtel has announced the appointment of Brendan Bechtel as president and COO and member of the board of directors of Bechtel Group. He will report to Bill Dudley, the company’s CEO. Bechtel, son of chairman of...

Arkema signs propylene procurement agreement with Enterprise in the US
Arkema has agreed to supply propylene from Enterprise Products Partners (Houston) as part of Arkema's procurement policy for key raw materials, the company announced today. The contract will account for a significant part of Arkema’s propylene feedstock...

Cambrex reports huge rise in profits
Cambrex (East Rutherford, NJ) reports a more than eightfold increase in net profits for the second quarter of 2014 compared with the second quarter of 2013, to $19.66 million. Second-quarter sales increased 58.1%, to $97.34 million. The company recorded sales...

Ashland earnings fall, but adjusted earnings beat estimates
Ashland today reported fiscal third-quarter earnings from continuing operations down 20% year-on-year (YOY), to $71 million, or 90 cts/share, on sales down 1%, to $1.6 billion. Adjusted earnings from continuing operations – which exclude restructuring...

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