Diversified Chemicals

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Tronox Limited announces closing of Alkali Chemicals business from FMC Corporation

4:15pm EDT

Tronox Limited:Closes its acquisition of the Alkali Chemicals business from FMC Corporation.Tronox Limited now owns and operates two vertically integrated inorganic minerals businesses: Tronox Titanium Dioxide (TiO2), which mines titanium ore and produces TiO2pigments, and Tronox Alkali, which mines trona ore and produces natural soda ash.

Pidilite Industries Ltd announces investment in equity shares of Nina Waterproofing Systems Private Limited

Monday, 30 Mar 2015 09:52am EDT

Pidilite Industries Ltd:Approves investment in equity shares of Nina Waterproofing Systems Private Limited.Says proposed shareholding of company in Nina Waterproofing Systems Private Limited will be 70 pct, thereby making Nina Waterproofing Systems Private Limited a subsidiary of company.Says initial investment of company in Nina Waterproofing Systems Private Limited will be about 2.3 mln Indian rupees.Says board has also approved additional investment upto 1 bln Indian rupees in Nina Waterproofing Systems Private Limited.

Shandong Hualu Hengsheng Chemical passes review of high-tech enterprise recognition

Thursday, 26 Mar 2015 08:00pm EDT

Shandong Hualu Hengsheng Chemical Co Ltd:Passed the review of high-tech enterprise recognition.To enjoy a tax preference for three years since 2014.

Kemira says completion of AkzoNobel paper chemical business deal moving to Q2 2015

Monday, 23 Mar 2015 03:00am EDT

Kemira Oyj:Closing of its acquisition of AkzoNobel's paper chemical business would be pushed back due to pending approval from Ukrainian authorities.Says closing of the deal was expected during Q1 but would be delayed to Q2.Says all other approvals have been received.

SK Chemicals to fully acquire stake in Korea-based company

Friday, 20 Mar 2015 04:48am EDT

SK Chemicals Co., Ltd:To acquire 100 pct stake (6,682,348 shares) in a Korea-based company, which is engaged in manufacturing of medicine.Transaction price of 200,470,441,367.Expected transaction settlement date of April 30.

SK Chemicals announces change of co-CEO

Friday, 20 Mar 2015 03:22am EDT

SK Chemicals Co., Ltd:Appoints Han Byeong Ro as co-chief executive officer of the company, to replace Lee Yin Seok, effective March 20.Choi Chang Won and Kim Cheol still serves as co-CEO in the company as well.

Nippon Soda amends consolidated full-year outlook for FY 2015 and raises year-end dividend forecast for FY 2015

Friday, 20 Mar 2015 02:00am EDT

Nippon Soda Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 150,000 million yen from 149,000 million yen for FY ending March 2015.Operating profit forecast increased to 7,300 million yen from 7,000 million yen.Ordinary profit forecast increased to 14,500 million yen from 13,100 million yen.Net profit forecast decreased to 10,400 million yen from 10,600 million yen.Earnings per share decreased to 68.41 yen from 69.73 yen.Comments the yen devaluation and impairment loss are the main reasons for the forecast.FY 2015 revenues of 148.10 billion yen, net income of 9.03 billion yen – Thomson Reuters I/B/E/S.Raised year-end dividend forecast to 10 yen per share from 8 yen per share for FY ending March 2015.

Brenntag AG gives FY 2015 outlook; to propose dividend

Tuesday, 17 Mar 2015 08:00pm EDT

Brenntag AG:To propose to General Shareholders’ Meeting to be held on June 9, that dividend per share of 0.90 euros be paid, a moderate increase on previous year (+3.8 percent).Positive outlook for FY 2015: further growth and improvement in all relevant earnings parameters are expected.

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