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July 31, 2015
Sumitomo Chemical says net profits for its fiscal first quarter ended 30 June more than doubled compared with the year-ago period, to ¥41.9 billion ($338 million). First-quarter sales...
http://www.chemweek.com/newsletters/cbd/Japanese-chemical-companies-report-higher-profits_72654.html
July 31, 2015
Arkema has reported a 66.7% increase in adjusted second-quarter net income, to €120 million ($131.3 million) on 38.6% higher sales of €2.1 billion. Ebitda advanced 52.4%, to €320...
http://www.chemweek.com/newsletters/cbd/Arkema-results-lifted-by-Bostik_72655.html
July 31, 2015
Olin reports second-quarter net income of $42 million, up 16% year-over-year (YOY), on sales of $535 million, down 6% YOY on lower chlor-alkali volumes and turnaround costs. Earnings...
http://www.chemweek.com/newsletters/cbd/Olins-earnings-beat-estimates_72656.html
July 31, 2015
IHS Chemical understands that PTT Global Chemical (PTTGC; Bangkok) has declared force majeure following the unscheduled shutdown of its No.2 aromatics unit at the company's Map Ta...
http://www.chemweek.com/newsletters/cbd/PTTGC-declares-force-majeure-on-aromatics-at-Map-Ta-Phut_72657.html
July 31, 2015
Kem One Group SAS (Lyon, France), jointly owned by private equity firm OpenGate Capital and Alain de Krassny, has acquired Kem One Innovative Vinyls from The Klesch Group. Details of...
http://www.chemweek.com/newsletters/cbd/Kem-One-SAS-acquires-Kem-One-Innovative-Vinyls_72658.html
July 31, 2015
Company Today Yesterday Air Products (APD) 142.88 140.88 Airgas (ARG) 102.62 101.94 Albemarle (ALB) 53.72 52.72 Ashland (ASH) 113.75 112.88 Axiall Corp. (AXLL) 29.54 29.07 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_72659.html
July 31, 2015
ExxonMobil reports that its chemical segment turned in second-quarter earnings of $1.246 billion, up 48% year-over-year (YOY). US earnings increased 39%, to $735 million, and non-US...
http://www.chemweek.com/newsletters/cbd/ExxonMobils-chemical-earnings-leap-to-$1-2-billion_72653.html
July 30, 2015
The CW 75 index declined 2.8% for the week ended 28 July, a wider loss than the S&P 500, which declined 1.2%, but matching the MSCI World Index....
http://www.chemweek.com/newsletters/cbd/CW75-Stock-Performance_72580.html
July 30, 2015
Clariant says that its second-quarter net income dropped to 56 million Swiss francs in the second quarter from SF74 million in the corresponding period of last year. Ebitda before...
http://www.chemweek.com/newsletters/cbd/Strong-Swiss-franc-weighs-on-Clariants-second-quarter-results_72571.html
July 30, 2015
Air Products reports fiscal third-quarter net income up 2% year-on-year (YOY), to $318.8 million, or $1.47/share, on sales down 6%, to $2.47 billion. Excluding restructuring and...
http://www.chemweek.com/newsletters/cbd/Air-Products-beats-estimates_72572.html
July 30, 2015
Air Liquide reports €4.12 billion ($4.55 billion) in revenues for the second quarter, up 3.4% year-on-year (YOY) on a comparable basis, driven by higher sales across all geographies...
http://www.chemweek.com/newsletters/cbd/Air-Liquides-sales-up-on-emerging-market-growth_72573.html
July 30, 2015
Quaker Chemical (Conshohocken, PA) says that it has acquired Verkol (Bera, Spain), a leading specialty grease and lubricants manufacturer and marketer based in Northern Spain, for...
http://www.chemweek.com/newsletters/cbd/Quaker-acquires-specialty-grease-and-lubricants-maker_72574.html
July 30, 2015
Methanex posted net income attributed to shareholders of $104 million, down 17% year-on-year (YOY). Revenue of $638 million was down 19% YOY. Reported adjusted earnings of 56 cts/share...
http://www.chemweek.com/newsletters/cbd/Methanex-misses-consensus_72575.html
July 30, 2015
Energy and chemicals major ENI (Rome) on Thursday said that Versalis (Milan), its chemicals business, is benefiting from the turnaround programs and business restructuring carried out...
http://www.chemweek.com/newsletters/cbd/Versalis-swings-to-profit_72576.html
July 30, 2015
Company Today Yesterday Air Products (APD) 140.88 133.77 Airgas (ARG) 101.94 102.47 Albemarle (ALB) 52.72 51.10 Ashland (ASH) 112.88 118.89 Axiall Corp. (AXLL) 29.07 29.01 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_72577.html
July 30, 2015
Royal Dutch Shell says that it will cut 6,500 jobs this year, almost 7% of its total workforce, as part of additional cost-cutting plans designed to offset the impact of a prolonged...
http://www.chemweek.com/newsletters/cbd/Shell-to-cut-6500-jobs-group-wide-in-response-to-continued-low-oil-prices_72570.html
July 29, 2015
Huntsman reports net income of $29 million for the second quarter, down 75.6% year-over-year (YOY). Sales totaled $2.740 billion, down 8.2% YOY from $2.988 billion on lower selling...
http://www.chemweek.com/newsletters/cbd/Huntsman-beats-consensus_72531.html
July 29, 2015
Company Today Yesterday Air Products (APD) 133.77 131.67 Airgas (ARG) 102.47 99.03 Albemarle (ALB) 51.10 50.62 Ashland (ASH) 118.89 117.15 Axiall Corp. (AXLL) 29.01 28.61 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_72532.html
July 29, 2015
UOP, a Honeywell subsidiary, has announced that Ningxia Baota Chemical Fiber Co. (Yinchuan, China) will use the latest-generation UOP technologies and equipment to build an...
http://www.chemweek.com/newsletters/cbd/UOP-to-provide-technology-for-aromatics-complex-in-China_72533.html
July 29, 2015
BASF and Petronas Chemicals will build a world-scale production plant for highly reactive polyisobutene (HR-PIB) at the site of the companies’ BASF Petronas Chemicals joint venture...
http://www.chemweek.com/newsletters/cbd/BASF-and-Petronas-to-build-polyisobutene-plant-in-Malaysia_72534.html
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