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IMCD to acquire the speciality chemicals business of Bossco Industries

Friday, 19 May 2017 01:08am EDT

May 19 (Reuters) - IMCD NV ::IMCD NV - IMCD TO ACQUIRE THE SPECIALITY CHEMICALS BUSINESS OF BOSSCO INDUSTRIES INC AND EXPAND ITS PRESENCE IN THE UNITED STATES.AFTER COMPLETION OF TRANSACTION BUSINESS WILL BE INTEGRATED WITHIN IMCD US WITH EDWARD BOSS BECOMING A SENIOR MEMBER OF IMCD MANAGEMENT TEAM.COMPLETION TRANSACTION EXPECTED AT BEGINNING OF JULY 2017.

IMCD reports 9 pct EBITA growth in first three months of 2017

Wednesday, 10 May 2017 01:23am EDT

May 10 (Reuters) - IMCD NV ::IMCD REPORTS 9 PCT EBITA GROWTH IN FIRST THREE MONTHS OF 2017.Q1 OPERATING EBITA EUR 42.7 MILLION ($46.5 MILLION) VERSUS EUR 39.1 MILLION YEAR AGO.Q1 REVENUE EUR 469.7 MILLION VERSUS EUR 436.0 MILLION YEAR AGO.Q1 NET RESULT BEFORE AMORTISATION/NON RECURRING ITEMS EUR 29.4 MILLION VERSUS EUR 26.5 MILLION YEAR AGO."OVERALL, WE ARE OPTIMISTIC AND EXPECT ANOTHER YEAR OF GROWTH OF OUR RESULTS" - CEO.BASED ON THE PERFORMANCE IN THE FIRST THREE MONTHS OF 2017 AND THE STRONG FUNDAMENTALS OF THE BUSINESS, IMCD EXPECTS OPERATING EBITA GROWTH IN 2017.

Aspo Q1 operating profit EUR 4.4 million

Tuesday, 9 May 2017 03:01am EDT

May 9 (Reuters) - ASPO PLC :Q1 OPERATING PROFIT EUR 4.4 MILLION VERSUS EUR 3.3 MILLION YEAR AGO.Q1 NET SALES EUR 119.0 MILLION VERSUS EUR 98.5 MILLION YEAR AGO.SAYS ASPO'S OPERATING PROFIT WILL BE EUR 22-27 (20.4) MILLION IN 2017..INDUSTRIAL PRODUCTION IS EXPECTED TO INCREASE IN MAIN MARKET AREAS OF ASPO'S BUSINESS OPERATIONS DURING 2017.

Kemira Q1 operative EBITDA EUR 69.0 million, below expectations

Wednesday, 26 Apr 2017 01:30am EDT

April 26 (Reuters) - KEMIRA OYJ ::Q1 REVENUE EUR 610.0 MILLION (REUTERS POLL EUR 591 MILLION).Q1 OPERATIVE EBITDA EUR 69.0 MILLION (REUTERS POLL EUR 72.7 MILLION).OUTLOOK FOR 2017 UNCHANGED.SAYS ORGANIZATIONAL STRUCTURE IS PLANNED TO BE CHANGED.ORGANIZATIONAL STRUCTURE IS EXPECTED TO RESULT IN FURTHER OPERATIONAL EFFICIENCIES OF EUR 15-20 MILLION AS A RUN-RATE AT END OF 2017.

BASF, Argonne reach resolution with Umicore over NMC patents

Tuesday, 25 Apr 2017 02:49am EDT

April 25 (Reuters) - Basf Se :Says basf and argonne reach resolution with umicore over nmc patents infringement claims.Says basf and argonne national laboratory reached a business resolution of their pending patent disputes with umicore.Says umicore is now licensed to make, use, sell, offer to sell, distribute and import nickel-manganesecobalt (nmc) cathode material for lithium ion batteries in the united states under basf’s and argonne’s u.s. Patent nos. 6,677,082; 6,680,143; 7,135,252; and 7,468,223.Says basf and argonne are dismissing their pending action in the united states district court for the district of delaware against umicore.Says the parties are filing a petition for rescission of the existing limited exclusion order with the international trade commission (itc)..

Zhejiang Jiangshan Chemical shareholder's stake diluted to 36.15 pct from 43.06 pct

Sunday, 2 Apr 2017 11:51pm EDT

Zhejiang Jiangshan Chemical Co Ltd <002061.SZ> : Says its shareholder Zhejiang Province Railway investment Group Co Ltd's stake in co was diluted to 36.15 percent from 43.06 percent, as result of private placement .Says co completes liquidation of wholly owned chemical industry unit located in Jiangshan city.

Lundin's incoming CFO says may raise output forecast

Thursday, 16 Mar 2017 06:48am EDT

Lundin Petroleum's incoming CFO Teitur Poulsen told an energy conference in Oslo on Thursday: Retains current Norway production guidance of 70,000-80,000 boepd for the time being . Lundin could potentially revise output guidance when presenting Q1 results due to higher output from Edvard Grieg field than previously expected, but need to asses more data . Lundin has earlier announced plans to spin off its non-Norwegian business Further company coverage: [LUPE.ST] (Reporting by Nerijus Adomaitis, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).

Lanxess invests EUR 100 mln, primarily in its German sites

Thursday, 16 Mar 2017 05:11am EDT

Lanxess AG : During next three years, business unit advanced industrial intermediates will be investing some 100 million euros ($107.08 million) in expanding production facilities for chemical intermediates . Investment program scheduled for completion by 2020 . Around 40 million euros each will be invested in Leverkusen and Krefeld-Uerdingen sites in federal state of North Rhine-Westphalia .Rest will be used to expand facilities in Brunsbuettel (federal state of Schleswig-Holstein), and Antwerp (Belgium).

Tata Chemicals gets Central Pollution Control Board order to shut Haldia plant ops

Tuesday, 14 Mar 2017 08:08am EDT

Tata Chemicals Ltd : Says on March 11, co got CPCB notice directing co to shut plant operations at Haldia . Co has made written representation to Central Pollution Control Board to rescind order . Notice for shutdown due to alleged non-compliance with prescribed norms for liquid affluent discharge . Co submitted reports of parallel samples drawn on same day as CPCB confirming compliance with prescribed norms by state PCB-approved lab .Co submitted reports of independent labs approved by MOEF, West Bengal Pollution Control Board who confirmed levels are within norm.

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