PARIS, Feb. 12, 2020 (Press Release) -Veolia Water Technologies will support a major expansion of a mill in Brazil by providing a turnkey chloride removal system designed to optimize the processing of wood-derived pulp used in the making of cellulose fibers.Read more
MUTTENZ, Switzerland, Feb. 12, 2020 (Press Release) -Clariant, a focused and innovative specialty chemical company, today announced that Stephan Lynen will be appointed CFO as of April 1, 2020. The proven financial expert, currently Head of the Business Unit Additives, has been with the company for more than 20 years in various international general management and business roles. He will succeed Patrick Jany who decided to pursue a career opportunity outside of Clariant as CFO of A.P. Moller - Maersk, a global leader in shipping services.Read more
CLAYTON, MO, Feb. 4, 2020 (Press Release) -Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter and full year ended December 31, 2019.
Fourth quarter 2019 reported net loss was $77.2 million, or $0.49 per diluted share, which compares to fourth quarter 2018 reported net income of $53.3 million, or $0.32 per diluted share. The full year 2019 reported net loss was $11.3 million, or $0.07 per diluted share. Full year 2018 reported net income was $327.9 million, or $1.95 per diluted share.Read more
WILMINGTON, DE, Feb. 4, 2020 (Press Release) -Solenis, a leading global producer of specialty chemicals for water intensive industries, dedicated its new world headquarters today in Wilmington, Delaware. The 90,000-square-foot office replaces the company’s previous headquarters on Beaver Valley Road.Read more
NORTH CHARLESTON, SC , Feb. 3, 2020 (Press Release) -FOURTH QUARTERRead more
ESSEN, Germany , Feb. 3, 2020 (Press Release) -Evonik has successfully closed the acquisition of the US company PeroxyChem for US$640 million after the responsible court in Washington D.C. dismissed the lawsuit filed by the Federal Trade Commission (FTC) to block the acquisition.Read more
SAN FRANCISCO, Feb. 3, 2020 (Fastmarkets RISI) -The transcript of Minerals Technologies’ fourth quarter 2019 financial results conference call on Jan. 31, 2020, with CEO Doug Dietrich, is now available at Seeking Alpha.
EXCERPT:Our strategy is to expand our PCC volume globally through each of these initiatives and we made considerable progress in 2019. One 125,000 ton satellite in Indonesia came online in the first quarter and helped drive paper PCC sales growth of 7% in Asia.Read more
AUBERVILLIERS, France, Jan. 31, 2020 (Press Release) -The state-of-the-art chloride removal system is designed by Veolia Water Technologies to optimize the recovery process in the industry of transformation of hardwood cellulose into pulp for textile fibers and fine paper making.
Rising paper consumption in Asia and growing global demand for more environmentally friendly fibers for the apparel industry are driving the increase in pulp making capacity to convert renewable fibers into a variety of fine paper products and viscose staple.Read more