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Chemicals Specialty Chemicals

  • SHOUGUANG, China _ Gulf Resources Inc. on Friday reported second-quarter profit of $13.8 million. On a per-share basis, the Shouguang, China- based company said it had net income of 29 cents. Keywords: Gulf Resources, Earnings Report.

  • CLAYTON, Mo. _ FutureFuel Corp. on Wednesday reported second-quarter net income of $834,000. On a per-share basis, the Clayton, Missouri- based company said it had profit of 2 cents. FutureFuel shares have increased nearly 5 percent since the beginning of the year.

  • PHILADELPHIA _ AgroFresh Solutions Inc. on Wednesday reported second-quarter net income of $2.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Philadelphia- based company said it had net income of 5 cents. Keywords: AgroFresh Solutions, Earnings Report.

  • ENGLEWOOD, Colo. _ Innospec Inc. on Tuesday reported second-quarter profit of $26.1 million. The Englewood, Colorado- based company said it had net income of $1.06 per share. Innospec shares have declined slightly more than 7 percent since the beginning of the year.

  • CHARLOTTE, N.C. _ Albemarle Corp. on Monday reported second-quarter net income of $103.3 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share. Five analysts surveyed by Zacks expected $740.6 million.

  • Solvay CFO Karim Hajjar speaks about his company's latest earnings and potential challenges it could face in the second half of 2017.

  • FRANKFURT/ ZURICH, July 31- Specialty chemicals group Clariant has hired Goldman Sachs as an additional adviser to help stave off an activist investor's campaign to derail its planned merger with U.S. peer Huntsman. The Swiss company is facing pressure from White Tale Holdings, which holds more than 10 percent of its shares and is lobbying other investors to...

  • July 27- Price hikes and strong demand helped Dow Chemical Co beat Wall Street estimates in its last quarter before the chemicals giant merges with DuPont. The $130 billion Dow-DuPont merger is on track to close next month, after which the new company is likely to break up into three independent, publicly traded units. "We had broad-based price bump in the quarter...

  • NEW YORK, July 25- A federal appeals court on Tuesday said NBC News did not defame an Oregon sporting goods company by characterizing its exploding rifle targets as "bombs" in a report on the "Today" show. The 2nd U.S. Circuit Court of Appeals in New York said Tannerite Sports LLC did not show that NBCUniversal, part of Comcast Corp, made false statements about its...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North have taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp.. Meister, who is a protege of billionaire investor Carl Icahn, manages assets worth $6 billion with Corvex and took a 5.5 percent stake in communications...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North said on Tuesday they had taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp. Meister, a Carl Icahn protege, with Corvex manages assets worth $6 billion and took a 5.5 percent stake in communications company Century...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North said on Tuesday they had taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp. Meister, a Carl Icahn protege, with Corvex manages assets worth $6 billion and took a 5.5 percent stake in communications company Century...

  • ZURICH, July 4- Activist investor Corvex and roofing maker Standard Industries' investment arm have teamed up to take a 7.2 percent stake in Clariant in a bid to scuttle the Swiss chemical maker's proposed merger with Huntsman Corp.. Corvex, run by activist investor and Carl Icahn protege Keith Meister, manages assets worth $6 billion and took a 5.5 percent stake...

  • AMSTERDAM, June 26- Akzo Nobel's specialised chemicals division would expand quickly and profitably if it gets an injection of capital after being sold or listed, its chief executive Thierry Vanlancker told Reuters. "If we came across as pretty self confident it's because we are," Vanlancker said in his office in Amsterdam, arguing that major improvements could...

  • LONDON, June 6- Activist investor Elliott Advisors suffered a setback when U.S. paint maker PPG walked away from bid target Akzo Nobel, but the New York- based hedge fund has plenty of other investments where it is seeking to exert its influence. Elliott, established in 1977 by Paul Elliott Singer, has a reputation for being one of the most vocal activist...

  • LONDON/ AMSTERDAM, June 1- In early March, U.S. paint maker PPG's Chief Executive Michael McGarry flew from Pittsburgh to Amsterdam to take Akzo Nobel boss Ton Buechner for lunch. Rather than spark a discussion, McGarry's bold move at their March 2 meeting triggered a hard-nosed response. After two more offers were rejected, the Pittsburgh- based firm on Thursday...

  • LONDON/ AMSTERDAM, June 1- In early March, U.S. paint maker PPG's Chief Executive Michael McGarry flew from Pittsburgh to Amsterdam to take Akzo Nobel boss Ton Buechner for lunch. Rather than spark a discussion, McGarry's bold move at their March 2 meeting triggered a hard-nosed response. After two more offers were rejected, the Pittsburgh- based firm on Thursday...

  • *Clariant CEO takes chairman role, Peter Huntsman CEO job. ZURICH/ FRANKFURT, May 22- U.S.-based Huntsman Corp and Swiss Clariant AG are combining to create a chemical manufacturer with a market value of over than $14 billion, the deal coming together after years of tentative mutual approaches. European businesses have particularly suffered, losing market...

  • ZURICH/ FRANKFURT, May 22- U.S.-based Huntsman Corp and Switzerland's Clariant AG are combining to create a chemical manufacturer with a market value of more than $14 billion, they said on Monday, after years of tentative mutual approaches. European businesses have particularly suffered, losing market share to rivals in Asia, where demand is growing faster, or...

  • ZURICH, May 22- U.S.-based Huntsman Corp and Switzerland's Clariant AG said on Monday they are combining to create a chemical manufacturer with a market value of more than $14 billion. The deal, which the companies called a "merger of equals", creates a global specialty chemical company with approximately $20 billion enterprise value, Clariant said in a...