After a solid first half, BASF maintained good business performance overall in the third quarter. Sales rose by 8% to €19 billion, particularly due to higher volumes. At just under €2.1 billion, income from operations (EBIT) ...
Kemira Oyj has entered into an agreement to sell its pharmaceutical business together with its food and acetate-based chemicals business to US-based Niacet. The businesses form part of Kemira's ChemSolutions segment, according to Kemira ...
Tags: pharmaceutical business, chemicals business, Kemira, Pharmaceutical
PPG Industries announced that it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel, N.V., Amsterdam, in a deal valued at $1.05 billion. The transaction has been approved by the ...
Tags: Architectural Coatings Business, Architectural Coatings
AkzoNobel today announced that the Supervisory Board and Board member Leif Darner have mutually agreed that Leif will step down from the Board of Management at the 2013 AGM in April.Conrad Keijzer,currently Managing Director of AkzoNobel ...
Tags: AkzoNobel announces, Board of Management, Industrial Chemicals
AkzoNobel Specialty Chemicals has sponsored the semi-annual technical seminar of the Coatings Research Group Inc.(CRGI).An international industry association dedicated to the benefits of shared research and development,the CRGI recently ...
Tags: GRGI, specialty chemicals, seminar
BASF has named Paul Whittleston as vice president for Automotive Refinish Coatings in North America, effective January 1, 2013. In his new role, Whittleston will be based in Southfield, Michigan. Prior to this appointment, ...
Tags: appointment, BASF, Paul Whittleston, automotive refinish coatings
NATRIUM-By early 2013,the$2.1 billion merger of the PPG Industries Natrium plant-along with other portions of the Pittsburgh-based company's chemical business-and Atlanta-based Georgia Gulf will be complete. "Going forward,we believe ...
Tags: NATRIUM, chemical, merger, natural gas
PPG Industries reported third quarter 2012 net sales of $3.8 billion. Net income for the quarter was $339 million, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring charges, was $348 million. ...
Tags: PPG Industries, automotive OEM, refinish coatings, Performance Coatings
BASF's Construction Chemicals division announced the grand opening of its new Construction Center in Toronto,Ontario,Canada.A celebratory event was hosted at the site for more than 100 construction contractors,distributors,architects and ...
Tags: BASF, construction center, EIFS systems, Chemicals business
PITTSBURGH,Sept.12,2012–PPG Industries(NYSE:PPG)announced today that it is increasing its precipitated silica production capacity at the Lake Charles,La.,manufacturing location by more than 22,000 tons per year in response to growing ...
Tags: North America, Precipitated Silica Production, Silica Products, PPG
PPG Industries is increasing its precipitated silica production capacity at its Lake Charles,La.,manufacturing location by more than 22,000 tons per year in response to growing demand. "Last September,we announced an increase in our ...
Tags: PPG, Raise, Demand, Precipitated Silica
FOR IMMEDIATE RELEASE Dallas/Fort Worth,Texas,United States of America(Free-Press-Release.com)August 24,2012--Thanks to the boom of automotive manufacturing industry,China has become one of the world'simportant automotive chemicals ...
Tags: China, Automotive Chemicals Industry, automotive lubricant market
Full year 2011: Sales EUR 73.5 billion (plus 15%) EBIT before special items EUR 8.4 billion (plus 4%) Earnings per share EUR 6.74 (plus 36%) 4th quarter 2011: Sales EUR 18.1 billion (plus 10%) EBIT before special items EUR 1.5 billion ...
Tags: market view
Dow Chemical today announced a joint venture to produce ethanol and plastics from sugar cane, A step toward sourcing renewable feedstocks for chemicals. The joint venture between Dow Chemical and Japanese industrial conglomerate Mitsui will ...
Tags: news
The high purity metal-organic (HPMO) business of AkzoNobel, part of its Functional Chemicals Business Unit, will build two new production plants for trimethyl gallium (TMG) and trimethyl indium (TMI) at its existing production facility in ...
Tags: market view, led material