Aug. 14, 2011

Focusing The Lens

Spotlight - It's a fitting analogy for a company whose roots lie in chemicals for photographic processes - focusing the lens. Eastman has sharpened the focus on its sustainability efforts in recent years, which has earned the company a spot in the Newsweek Green Rankings two years running. The Tennessee-based maker of chemicals, fibers and plastics material also launched its first sustainability review last year and joined the U.S. Department of Energy's Save Energy Now initiative. moreAug. 04, 2011

Eastman Chemical Buys Dynaloy

Eastman Chemical said Wednesday that one of its wholly owned subsidiaries has acquired the assets of Dynaloy, an Indianapolis, Ind.-based specialty chemical business, from E&A Industries. Terms of the deal were not disclosed. moreAug. 02, 2011

Luke Kissam Elected CEO of Albemarle

Albemarle has promoted Luke C. Kissam to CEO, effective Sept.1. Kissam joined Albemarle in September 2003 as vice president, general counsel and corporate secretary and served as senior vice president, manufacturing and law, and corporate secretary from January 2008 until his promotion to president in March 2010. moreAug. 02, 2011

Wacker Chemie Q2 Profit Rises

Wacker Chemie reported that net income for second quarter reached €142.7 million compared to €135.4 million in the year-ago period, resulting in earnings per share of €2.87 versus €2.71 last year. moreAug. 02, 2011

Alkermes Q1 Loss Narrows Slightly

Integrated biotechnology company Alkermes, Monday reported net loss for the first quarter of $13.2 million, slightly narrower than the loss of $13.4 million in the year-ago quarter. Loss per share was unchanged at $0.14. On average, 11 analysts polled by Thomson Reuters expected a loss of $0.12 per share for the quarter. Analysts' estimates typically exclude special items. moreAug. 01, 2011

Air Liquide Q2 Profit up 11%

Air Liquide reported first-half net profit, group share, of €750 million, up 11.1% from last year. Earnings per share were €2.65 for the period, 10.4% higher than a year ago. Group revenue totaled €7.11 billion for the first six months of 2011, representing an increase of 9.2% from the previous year. Excluding impact of currency and natural gas, on a comparable basis, group revenue grew 8.3%. moreAug. 01, 2011

Dow Chemical To Pay $2.5 Million Fine To Settle Air, Water And Waste Violations

Dow Chemical has agreed to pay a $2.5 million civil penalty to settle alleged violations of the Clean Air Act, Clean Water Act and the Resource Conversation and Recovery Act at its chemical manufacturing and research complex in Midland, Michigan, the U.S. Department of Justice and the United States Environmental Protection Agency said Friday. moreAug. 01, 2011

Amgen Q2 Profit Down 3%

Biotechnology firm Amgen has reported  a 3% decline in its second-quarter profit as higher operating expenses offset increased product sales. However, adjusted earnings per share topped Street projections. Further, the company said it now sees the upper end of the forecast range for fiscal 2011 earnings and sales. The company also announced first quarterly cash dividend. more