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February 12, 2016
The petrochemicals business of Indian Oil Corp. (New Delhi) reports a 24.3% fall in sales in the fiscal third quarter, ended 31 December 2015, compared with the year-ago quarter, to...
February 12, 2016
DIC (Tokyo) has announced its financial results for the fiscal year ended 31 December 2015. DIC decided in 2013 to change its fiscal year-end from 31 March to 31 December. DIC reports...
February 11, 2016
Mosaic reports net income for the fourth quarter of $155 million, down 57% year-over-year (YOY) from $361 million. Sales totaled $2.2 billion, down 8.3% YOY. Earnings per share of 44 cts fell short of the consensus analysts’ estimate of 47 cts, as compiled by Thomson Reuters (New York). Operating earnings declined 44% YOY to $204 million, the result of lower potash and phosphate prices and volumes and lower potash production, says the company....
February 11, 2016
W.R. Grace reports fourth-quarter net income of $20.5 million, up 34.0% year-on-year (YOY). Adjusted earnings of $1.40/share were up 2.2% YOY and beat the analysts’ consensus...
February 11, 2016
Huntsman reports net income for the fourth quarter of $4 million, up from a loss of $38 million in the year-ago period. Sales fell 21% year-over-year (YOY) to $2.332 billion on lower prices and volumes. Adjusted earnings increased 55% YOY to 51 cts/share, beating the average analysts’ estimate of 21 cts/share as compiled by Thomson Reuters (New York)....
February 11, 2016
Total has announced an increase in fourth-quarter earnings at its refining and chemicals business, and says that the restructuring of the company's refining business in Europe will be...
February 11, 2016
Shandong Haihua Group ((Weifang, China) shut down its 2.85-million m.t./year soda ash plant at Weifang on 29 January due to facility issues and the company is planning to resume full...
February 11, 2016
Inovyn, the Ineos-Solvay chlorvinyls joint venture has placed orders for additional major plant items for its previously announced large scale potassium hydroxide (KOH) production...
February 11, 2016
Yara International (Oslo), a leading global fertilizer producer, on Thursday reported slightly weaker-than-expected fourth-quarter results compared with a year earlier, with Ebitda...
February 11, 2016
AkzoNobel, the leading global producer of paints and coatings, said on Thursday it is in discussions with BASF to acquire BASF’s industrial coatings business. “The...
February 11, 2016
Lanxess and Saudi Aramco say that all relevant antitrust authorities have cleared their previously announced synthetic rubber joint venture, and the jv will be launched on 1 April...
February 10, 2016
FMC today reported a fourth-quarter net loss of $204 million, compared with a profit of $77 million in the year-ago quarter, mostly due to restructuring charges. Revenues fell 1%...
February 10, 2016
AkzoNobel has achieved its full-year 2015 profitability targets following a restructuring that began more than three years ago. However, the company’s fourth-quarter 2015...
February 10, 2016
Evonik Industries plans to build a production line for special nylon-12 powders at its Marl, Germany, site. The investment will be in the mid double-digit million euro range, the...
February 10, 2016
Indo Rama Synthetics (India) (Gurgaon), a major local producer of polyester, on Wednesday announced a return to profit in the third quarter of fiscal 2016 ending 31 December 2015. Net...
February 10, 2016
Victrex (Thornton Cleveleys, UK), the leading producer of poletheretherketone (PEEK) on Wednesday released its first quarter management statement, ahead of its annual general meeting...
February 10, 2016
Technology group Axens (Rueil-Malmaison, France) on Wednesday announced that it has been selected by Hengli Petrochemical Co. to supply process technology for its petrochemical complex...
February 10, 2016
The petrochemical business of Gail India (New Delhi), a natural gas company, reports a 41.5% decrease in sales in the fiscal third quarter, ended 31 December 2015, compared with the...
February 10, 2016
Monsanto has agreed to pay an $80-million civil penalty over charges that it violated accounting rules and misstated 2009-2011 earnings when it failed to properly account for millions...
February 9, 2016
Celanese (Dallas) says its board of directors has taken steps to open up the nomination of directors and propose a transition to annual board elections, initiatives that will give shareholders greater influence over the company's governance....
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