FOCUS and whitening agents and chemicals, and globalization of cosmetic brands. Speciality additives, which includes conditioning agents and preservatives, represents the leading market segment. Emollients and moisturizers ranks as the fastest-growing product market, driven by developments in natural and organic personal care products. Major players covered in the report include AkzoNobel Surface Chemistry, Ashland, BASF, Clariant International, Dow Chemical, Dow Corning, Eastman Chemical, Evonik Industries, DSM, P&G Chemicals and Solvay, among others. Original Source: Global Industry Analysts, 2015. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 10 Mar 2015, (Website: http://www. specialchem4cosmetics.com)
Chemical enhanced oil recovery market worth $150.35 M by 2019 According to a new report from MarketsandMarkets concerning the chemical enhanced oil recovery (EOR/ IOR) market, the market size for EOR chemicals is projected to reach $150.35 M by 2019, at a CAGR of above 7% between 2014 and 2019. The report discusses regional and market trends and provides forecasts to 2019. The EOR chemicals market is analysed according to origin (petro- & bio-based), by type (surfactants, watersoluble polymers, polymer gels, biopolymers, alkaline chemicals), by technique (polymer flooding, surfactantpolymer flooding, alkaline surfactant polymer flooding) and by application (onshore & offshore). North America dominated the EOR chemicals market in 2013. It is projected to remain the major market by 2019, at a CAGR of 8% between 2014 and 2019. Polymer flooding held the major share in the EOR chemicals market by technique in 2013 and the trend is projected to continue to 2019. Surfactant-polymer flooding was the second biggest sector for EOR chemicals in 2013. Original Source: MarketsandMarkets, 2015. Found on PR Newswire, 11 Mar 2015, (Website: http://www.prnewswire.com)
Rising use in personal care and cosmetics industry to boost fatty acid esters market According to the Transparency Market Research (TMR) report 'Fatty Acid
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Esters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014-2020', the global fatty acid esters (FAEs) market was valued at $1.70 bn in 2013 and is anticipated to reach $2.24 bn by 2020, growing at a CAGR of 4.1% between 2014 and 2020. In terms of volume, the global FAEs market stood at 1.088 M tonnes in 2013. Medium chain triglycerides, glyceryl monostearate and isopropyl palmitate, and others such as polyol, glycol and sucrose esters, are the main product types. Personal care products and cosmetics, lubricants, food and surfactants are the major applications of FAEs. Along with being a major application area, the personal care and cosmetics segment is also anticipated to be the fastest-growing consumer of FAEs due to increasing demand globally for use in cosmetics, creams and lotions. Food is anticipated to be the largest market segment for FAEs due to their wide range of applications as thickening and emulsifying agents. North America accounted for the largest share of the global FAEs market in 2013, when Europe accounted for approximately 20%. Asia Pacific is the second-largest and fastest-growing regional market for FAEs. Key players in the FAEs market include Cargill, Evonik Industries, KLK OLEO, Procter & Gamble Chemicals, Estelle Chemicals, Faci Asia Pacific, Fine Organics and Oleon. Original Source: TMR, 2015. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 23 Feb 2015, (Website: http://www.specialchem4cosmetics. com)
COMPANY RESULTS Huntsman releases 4Q and FY 2014 results In 4Q 2014, Huntsman Corp posted adjusted EBITDA of $292 M compared to $313 M in 4Q 2013. Pro forma for the Rockwood acquisition, adjusted EBITDA was $300 M compared to $341 M in 4Q 2013. Adjusted diluted income per share was $0.33 compared to $0.48 in 4Q 2013. Net loss attributable to Huntsman was $38 M
compared to net income of $41 M in 4Q 2013. Approximate negative foreign currency adjusted EBITDA impact was $11 M compared to 4Q 2013. For full year (FY) 2014, adjusted EBITDA was $1340 M compared to $1213 M in 2013. Pro forma for the Rockwood acquisition, adjusted EBITDA was $1495 M compared to $1323 in 2013. Adjusted diluted income per share was $1.94 compared to $1.61 in 2013, an increase of 20%. Net income attributable to Huntsman in FY 2014 was $323 M compared to $128 M in 2013. Original Source: Huntsman, 18 Feb 2015 (Website: http://www.huntsman.com/) © Huntsman International LLC 2015
Henkel delivers on 2014 financial targets At €16,428 M, Henkel's sales in FY 2014 were 0.4% higher than in 2013. Adjusted for negative foreign exchange effects of 4.0%, sales improved by 4.4%. Organic sales, which excludes the impact of foreign exchange and acquisitions/ divestments, showed a solid 3.4% increase. All business units (BUs) posted solid organic sales growth and increased market share in the relevant markets. After allowing for one-time gains, one-time and restructuring charges, adjusted operating profit (EBIT) improved by 2.9% to €2588 M. Reported EBIT amounted to €2244 M compared to €2285 M in 2013. Adjusted return on sales (EBIT margin) rose by 0.4 percentage points to 15.8%. Reported return on sales amounted to 13.7% compared to 14.0% in 2013. Adjusted net income for 2014 after deducting noncontrolling interests grew by 7.5% year on year, from €1764 M to €1896 M. Net income for 2014 increased by 2.3% to €1662 M, of which €34 M was attributable to non-controlling interests. Capital expenditures rose by around 19% to €517 M from €436 M in 2013. In the emerging markets, capital expenditures increased by 30% over 2013, resulting in an overall balanced investment allocation between mature and emerging markets in 2014. Henkel's laundry & home care BU continued to generate profitable growth in 2014. With a solid 4.6% increase in organic sales, the unit's overall growth rate was significantly May 2015