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August 8, 2014
Kronos Worldwide (Dallas) reports second-quarter income of $33.1 million, reversing a year-ago loss of $33.9 million. Sales declined 8% year-over-year (YOY), to $443.5 million, the result of lower prices and volumes, the company says. Earnings per share totaled 29 cts....
http://www.chemweek.com/regions/north_america/Kronos-swings-to-$33-million-profit-on-lower-costs_63072.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/regions/north_america/Minerals-Technologies-beats-estimates_63076.html
August 7, 2014
Toyobo will establish a company in Mexico in October, to carry out sales and marketing activities, the company announced. The new company will work to expand sales in the functional...
http://www.chemweek.com/regions/north_america/Toyobo-to-establish-sales-and-marketing-presence-in-Mexico-for-engineering-polymers_63057.html
August 7, 2014
Braskem reported 124 million reais ($54.3 million) in net profit for the second quarter, compared with a R$125-million loss one year earlier, according to the company's results...
http://www.chemweek.com/regions/south_america/brazil/Braskem-swings-to-a-net-profit_63056.html
August 7, 2014
Taminco today announced a second-quarter profit of $14 million, compared with a loss of $13 million in the year-ago quarter, on sales up 21% year-on-year (YOY), to $370 million...
http://www.chemweek.com/regions/north_america/Taminco-beats-estimates-on-solid-amines-results_63058.html
August 7, 2014
Agrium reports net earnings of $625 million for the second quarter, down 15% year-over-year (YOY) with earnings per share of $4.34/share surpassing analyst estimates of $4.11/share, as...
http://www.chemweek.com/regions/north_america/Agrium-posts-strong-results-on-improved-retail-business_63054.html
August 7, 2014
CF Industries says net earnings of $312.6 million for the second quarter were down 37% year-over-year (YOY) on sales of $1.5 billion down 12% YOY. Earnings per share of $6.10/share...
http://www.chemweek.com/regions/north_america/CF-Industries-sales-earnings-down_63055.html
August 7, 2014
Koppers Holdings (Pittsburgh, PA) says lower volumes and prices reduced both sales and income for the second quarter. Net income totaled $1.6 million, down 89% year-over-year (YOY) from $14.7 million, while sales totaled $356.8 million, a 4% YOY decline. Adjusted earnings totaled $8.1 million, or 39 cts/share, down 44% YOY and short of the analysts’ consensus estimate of 61 cts/share....
http://www.chemweek.com/regions/north_america/Koppers-income-drops-89-percent-YOY-on-volume-prices_63053.html
August 7, 2014
Tronox has reported its second quarter results, posting a narrower adjusted net loss of less than $100,000, compared to an adjusted net loss of $15 million year-over-year (YOY)...
http://www.chemweek.com/regions/north_america/Tronox-posts-narrower-loss_63052.html
August 7, 2014
Kraton Performance Polymers today announced that on 6 August, its board of directors withdrew its prior recommendation that Kraton's stockholders approve the merger with the styrenic...
http://www.chemweek.com/regions/north_america/us/Kraton-decides-against-merger-with-LCY-Chemicals-SBC-business_63051.html
August 7, 2014
Borealis announced today that it has signed a 10-year agreement with Antero Resources (Denver, CO) to supply ethane from the United States for its flexible steam cracker at...
http://www.chemweek.com/regions/north_america/Borealis-to-import-ethane-from-the-US-to-feed-ethylene-plant-in-Sweden_63046.html
August 7, 2014
Oxiteno, the chemical subsidiary of Ultrapar (São Paulo), generated 63.7 million reais ($27.9 million) in operating income during the second quarter, down almost 13%...
http://www.chemweek.com/regions/south_america/brazil/Oxitenos-operating-income-down-13-percent-on-lower-volumes_63047.html
August 7, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, reports a net loss of $8.47 million in the second quarter of 2014 compared...
http://www.chemweek.com/regions/north_america/us/Codexis-narrows-loss_63040.html
August 6, 2014
Trinseo (Berwyn, PA) reports a second-quarter net loss of $45 million, down from a loss of $28 million in the year-ago period. Revenues declined 2% year-over-year (YOY) to $1.3 billion. Adjusted earnings of 28 cts/share were shy of the analysts’ consensus estimate of 31 cts/share, as compiled by Thomson Reuters....
http://www.chemweek.com/regions/north_america/Trinseo-reports-second-quarter-loss-of-$45-million_63038.html
August 6, 2014
OCI Resources (OCIR; Atlanta, GA) says second-quarter income and sales increased year-over-year (YOY) as higher prices and lower costs offset the effects of a production outage. Earnings of 51 cts/share were well ahead of the analysts’ consensus estimate of 45 cts/share, as compiled by Thomson Reuters....
http://www.chemweek.com/regions/north_america/OCI-Resources-beats-estimates-boosts-income-27-percent-YOY_63036.html
August 6, 2014
Rockwood Holdings today reported second-quarter net income from continuing operations up 32.7% year-on-year (YOY), to $34.1 million, or 47 cts/share, on sales up 4.1%, to $362.3...
http://www.chemweek.com/regions/north_america/Rockwood-beats-estimates_63025.html
August 6, 2014
Biofuels Power Corp. (BPC; Houston) has signed a letter of intent with ThyssenKrupp Industrial Solutions Africa (Sunninghill, South Africa) and US-based Liberty GTL to build a...
http://www.chemweek.com/regions/north_america/Biofuels-Power-Corp-ThyssenKrupp-to-build-GTL-pilot-plant-in-Texas_63023.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of specialty chemical maker MacDermid, has agreed to acquire crop protection chemicals maker Agriphar (Ougree, Belgium)...
http://www.chemweek.com/regions/north_america/Platform-Specialty-acquires-European-crop-protection-chemicals-maker-Agriphar-for-$400-million_63021.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of MacDermid, posted a narrower net loss of $400,000 in the second quarter compared with a loss of $5.9 million in the...
http://www.chemweek.com/regions/north_america/Platform-Specialty-Products-reports-income-gain-flat-sales_63020.html
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