IHS Chemical Week

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January 31, 2014
Sumitomo Chemical reports a net profit of ¥24.55 billion ($239 million) for the fiscal first nine months, ended 31 December 2013, compared with a net loss of ¥40.69 billion in...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-swings-to-profit_58457.html
January 31, 2014
Tokuyama (Tokyo) reports a net profit of ¥7.49 billion ($73 million) for the fiscal first nine months, ended 31 December 2013, compared with a net loss of ¥10.84 billion in the...
http://www.chemweek.com/home/top_of_the_news/Tokuyama-swings-to-profit-upgrades-earnings-sales-projections_58456.html
January 30, 2014
Potash Corporation of Saskatchewan (PotashCorp) reports fourth-quarter earnings of $230 million (26 cts/share), down 45.4% year-on-year (YOY), mainly due to weak prices for nutrients...
http://www.chemweek.com/home/top_of_the_news/PotashCorp-profits-slump-expects-weaker-results-in-2014_58449.html
January 30, 2014
Sherwin-Williams (SW) today reported fourth-quarter net earnings of $116.1 million, or $1.14/share, up 70.5% year-on-year (YOY), on sales up 10.8%, to $2.46 billion. The increases were...
http://www.chemweek.com/home/top_of_the_news/Sherwin-Williams-earnings-rise-on-higher-architectural-paint-volumes_58448.html
January 30, 2014
Bayer CropScience (Mumbai) today reported board changes. Stephan Gerlich, vice chairman and managing director stepped down as of today. The company has appointed Richard van der Merwe...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-makes-India-board-changes-reports-higher-sales_58426.html
January 30, 2014
AkzoNobel India (Gurgaon) announced today that it has appointed Jayakumar Krishnaswamy as managing director. He replaces Amit Jain, who is taking on a larger role within the AkzoNobel...
http://www.chemweek.com/home/top_of_the_news/AkzoNobel-India-appoints-new-managing-director-ups-sales_58425.html
January 30, 2014
Evonik Industries said today that it will commission a new Resomer plant at Darmstadt in the second quarterr. The plant, in addition to the development and manufacture of the products...
http://www.chemweek.com/home/top_of_the_news/Evonik-opens-biodegradable-polymers-plant-at-Darmstadt-targeting-health-care-sector_58415.html
January 30, 2014

LSB Industries (Oklahoma City) must make additional repairs to the anhydrous ammonia plant at its Pryor, OK, facility, the company says. LSB will also perform maintenance while the plant is down. LSB has not indicated when the repairs will be completed.

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http://www.chemweek.com/home/top_of_the_news/LSB-to-make-additional-repairs-to-Pryor-ammonia-plant_58435.html
January 30, 2014
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), reports net profits of 2.23 billion baht ($67.7 million) for the fourth quarter of 2013 compared with net...
http://www.chemweek.com/home/top_of_the_news/Siam-Cements-chemicals-business-reports-huge-rise-in-profits_58414.html
January 30, 2014
Stolt-Nielsen today reported unaudited results for the fourth quarter, ended 30 November 2013. Net profit nearly doubled, to $36.6 million from $18.5 million in the fourth quarter of...
http://www.chemweek.com/home/top_of_the_news/Stolt-Nielsen-reports-improved-results-following-pick-up-at-Stolt-Tankers_58413.html
January 30, 2014
Flavors and fragrances group Givaudan (Geneva) today reported its full-year net income rising 19.5%, to 490 million Swiss francs ($545.4 million), on sales 5.5%, higher at SF4.4...
http://www.chemweek.com/home/top_of_the_news/Givaudan-reports-improved-full-year-results-confirms-midterm-objectives_58412.html
January 30, 2014
Johnson Matthey today announced the appointment of its new CEO and reported the third-quarter results, covering 1 October 2013 through 29 January 2014. Robert MacLeod will succeed Neil...
http://www.chemweek.com/home/top_of_the_news/Johnson-Matthey-appoints-new-CEO-reports-strong-quarterly-performance_58411.html
January 30, 2014
Dmitry Konov, Sibur's CEO; and Viktor Ivanov, president of the Russian Chemists Union, have signed an agreement for Sibur to join the Responsible Care program, Sibur announced today...
http://www.chemweek.com/home/top_of_the_news/Sibur-joins-Responsible-Care-program_58410.html
January 30, 2014
Methanex (Vancouver) reports net income for the fourth quarter of $128 million, up from a loss of $140 million. Earnings per share of $1.72 easily beating the analysts’ consensus estimate of $1.57. Sales increased 32% year-on-year (YOY), to $881 million, on increased volumes and higher selling prices. Adjusted net income for the quarter totaled $167 million, up 42% over the third quarter and 174% YOY. Sales volumes increased 6.5% over the third quarter and 12% YOY, to 2.13 million m.t.
...

http://www.chemweek.com/home/top_of_the_news/Methanex-swings-to-profit-on-high-volumes-increased-prices_58424.html
January 30, 2014
Cabot reports net income for the fiscal first quarter of $80 million, up 300% year-on-year (YOY) on double-digit volume growth in reinforcement materials and performance materials. Adjusted earnings increased 30% YOY, to $0.86/share, well above the analysts’ consensus estimate of $0.71/share compiled by Thomson Reuters. Net sales increased 8.5% YOY, to $899 million....
http://www.chemweek.com/home/top_of_the_news/Cabot-easily-beats-earnings-estimates-on-volume-growth_58427.html
January 30, 2014
ExxonMobil reports fourth-quarter earnings of $910 million for the chemical segment, down $48 million year-on-year on weaker margins, mainly in specialties....
http://www.chemweek.com/home/top_of_the_news/ExxonMobil-chemical-earnings-decline-5-percent-YOY-on-weaker-specialty-marginns_58428.html
January 30, 2014
OxyChem, the chemical segment of Occidental Petroleum, reports fourth-quarter earnings of $128 million, down 29% year-on-year (YOY) from $180 million. Occidental attributes the result to higher energy and ethylene costs and lower caustic soda prices....
http://www.chemweek.com/home/top_of_the_news/OxyChem-earnings-down-on-higher-ethylene-energy-costs-lower-chlor-alkali-prices_58429.html
January 30, 2014
Kemira said today that Randy Owens, president of the oil & mining segment and the North America region will leave the company on 30 April 2014 and Hilton Casas, president of the...
http://www.chemweek.com/home/top_of_the_news/Kemira-announces-management-changes_58421.html
January 30, 2014
Perstorp (Perstorp, Sweden) said today that it is introducing a new business model that includes a new organizational structure, a new management team and a cost competitiveness...
http://www.chemweek.com/home/top_of_the_news/Perstorp-to-restructure-operations-cut-jobs_58420.html
January 30, 2014
Maritime bulk chemical cargo traffic at the port of Antwerp increased about 10% in 2013 compared with traffic in 2012, to above 11 million m.t., the port authority announced today...
http://www.chemweek.com/home/top_of_the_news/Port-of-Antwerp-bulk-chemical-traffic-up-10-percent-in-2013_58416.html
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