Jun. 01, 2009News & OpinionsHeadlines
Mid-May the news broke that JLM Industries Tampa, Floa., U.S., has
closed because the company's equity funding firm became insolvent and
was forced to withdraw cash and credit. "In today's banking
environment it was impossible for JLM t ...
Lurgi and OJSC "TAIF-NK", Nijhnekamsk, Tatarstan, have signed an
outline agreement for a new complex within the Russian refinery
TAIF-NK. The goal of the project is to increase the refinery capacity
from 7 to 9.1 million tons/year of oil ...
Univar announced that it was officially appointed by Vinavil to sell and market its complete range of polymer dispersions and redispersible powders for the coatings and construction industries in Germany. This agreement will allow Univar ...
Industrial gases specialist Messer has put a new production plant
into operation in El Morell (Tarragona, Spain). The company has
invested €42 million in its Spanish subsidiary's new plant. Messer is
massively expanding its capacities in ...
"We've the economy bottom out in early May with indicators all
around us that the recovery has started, confidence is driving an
upswing in all market sectors." With a positive outlook ahead, Frost
& Sullivan's Chairman David Frigsta ...
Dow Chemical posted a surprise Q1 profit, helped by cost reductions, gains in its agricultural segment and lower raw material costs. The company said it had cut spending by $270 million in the quarter from a year earlier. Purchased ...
In a weak economic environment, group revenue for the Q1 2009 was €2,997 million, down -3.0 %. Gas & Services sales reached €2,548 million, down -4.2 % on a comparable basis. Activity in the Q1 was marked by significant disparities ...
Arch Chemicals posted a surprise quarterly profit as higher pricing and the favorable impact of a recent acquisition offset lower volumes and unfavorable foreign exchange. Net income for the quarter was $3.2 million, or 13 cents a share, ...
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