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August 12, 2015
Hexion has reported a second-quarter net loss of $2 million, compared with a loss of $22 million in the year-ago quarter, on sales down 19% year-on-year (YOY), to $1.09 billion...
http://www.chemweek.com/people_and_business/companies/Hexion-net-loss-narrows_72893.html
August 11, 2015
International Flavors and Fragrances (IFF) has reported second-quarter net income down 4% year-on-year (YOY), to $105.4 million, or $1.30/share, on sales down 3%, to $767.5 million...
http://www.chemweek.com/people_and_business/companies/IFF-income-falls-due-to-strong-dollar_72871.html
August 7, 2015
LSB Industries (Oklahoma City) reports second-quarter earnings per share of 2 cts, well short of analysts’ consensus estimate of the 37 cts/share compiled by Thomson Reuters (New York). The company has also announced that it will implement a set of operational and governance changes....
http://www.chemweek.com/people_and_business/companies/LSB-misses-estimates-announces-operational-governance-measures_72830.html
August 6, 2015
Activated carbons maker Orion Engineered Carbons has reported a second-quarter net profit of €14.6 million ($16.0 million), compared with a loss of €6.4 million in the...
http://www.chemweek.com/people_and_business/companies/Orion-Engineered-Carbons-swings-to-profit-despite-lower-revenues_72815.html
August 6, 2015
WestRock (Richmond, VA) has appointed Albemarle executive v.p. D. Michael Wilson as CEO of its Ingevity specialty chemicals unit, effective 1 September. Ingevity, the former MWV...
http://www.chemweek.com/people_and_business/companies/WestRock-appoints-CEO-of-Ingevity_72796.html
August 6, 2015
EMS Chemie (Herrliberg, Switzerland) has today reported sales of 969 million Swiss francs ($990.0 million) in the first half of this year compared with SF999 million in the...
http://www.chemweek.com/people_and_business/companies/EMS-Chemie-sales-fall-on-currency-effects-but-profit-rises_72791.html
August 6, 2015
Braskem reports a net profit of 1.06 billion reais ($303.1 million)  in the second quarter, up from R$124 million one year earlier. The results benefited from a good operational...
http://www.chemweek.com/people_and_business/companies/Braskem-quarter-two-results-soar-boosted-by-operational-performance_72802.html
August 6, 2015
Calgon Carbon today reported second-quarter net income down 17.1% year-on-year (YOY), to $12.6 million, or 24 cts/share, on sales down 7.1%, to $135.5 million. Negative currency...
http://www.chemweek.com/people_and_business/companies/Calgon-Carbon-earnings-fall-on-currency-impacts_72806.html
August 5, 2015
Sales at North American chemical distributors rose 5.2% year-on-year (YOY) during 2014, according to the National Association of Chemical Distributors’ (NACD; Arlington, VA) most...
http://www.chemweek.com/people_and_business/companies/NACD-Distribution-sales-up-5-2-percent-last-year_72770.html
August 5, 2015
Innospec has reported second-quarter net income nearly doubled year-on-year (YOY), to $34.5 million, or $1.40/share, on sales up 10%, to $242.9 million. Adjusted earnings, which...
http://www.chemweek.com/people_and_business/companies/Innospec-earnings-rise-on-higher-sales_72769.html
August 5, 2015
Specialty chemicals company Altana (Wesel, Germany) says it has successfully adjusted and extended a syndicated line of credit for €250 million ($271.7 million). The credit...
http://www.chemweek.com/people_and_business/companies/Altana-extends-$274-million-credit-facility_72755.html
August 5, 2015
Swan Chemical, a wholly owned subsidiary of specialty chemicals firm Thomas Swan (Consett, UK) says it has acquired Production Systems Inc. (PSI; Akron, OH), a distributor of a range...
http://www.chemweek.com/people_and_business/companies/Swan-Chemical-acquires-Production-Systems-Inc-_72758.html
August 4, 2015
Sun Chemical (Parsippany, NJ), a wholly owned subsidiary of DIC (Tokyo), has announced that it has acquired Kingfisher Colours (Reading, UK), a privately owned cosmetics color...
http://www.chemweek.com/people_and_business/companies/Sun-Chemical-acquires-UK-cosmetics-color-firm_72723.html
August 4, 2015
Paints and coatings company Tikkurila (Helsinki) has reported that sales fell 7% year-on-year in second-quarter 2015, to €179.5 million ($196.9 million), compared with €192.9...
http://www.chemweek.com/people_and_business/companies/Tikkurila-sales-fall-in-second-quarter-and-first-half-but-profitability-improves_72721.html
August 4, 2015
Evonik Industries has posted sales of €3.52 billion ($3.86 billion) in the second quarter, up 8% year-on-year (YOY). Adjusted net income leaped by 70% YOY, to €307 million...
http://www.chemweek.com/people_and_business/companies/Evonik-sales-increase-Ebitda-rockets-raises-full-year-outlook-again_72717.html
August 4, 2015
Balchem reported second-quarter net earnings of $14.9 million, up 53% year-on-year (YOY). Revenue increased 2% (YOY), to $134.7 million. Reported adjusted earnings of 62 cts/share were...
http://www.chemweek.com/people_and_business/companies/Balchem-earnings-up-53-percent-on-Sensory-Effects-acquisition-and-margin-gains_72746.html
August 4, 2015
Axalta today reported a second-quarter net loss of $25.1 million, compared with a profit of $53.8 million in the year-ago quarter. Sales declined 3.5% year-on-year (YOY), to $1.09...
http://www.chemweek.com/people_and_business/companies/Axalta-results-hit-by-strong-dollar_72745.html
August 4, 2015
Cabot today reported a fiscal third-quarter net loss of $445 million, or $7.04/share, mostly due to a $482-million asset impairment charge related to the Supreme Court’s recent...
http://www.chemweek.com/people_and_business/companies/Cabot-swings-to-loss-on-MATS-ruling-charge-lower-sales_72731.html
August 4, 2015
M. Holland Co. (Northbrook, IL) has completed the formation of its new affiliate in Mexico, M. Holland Latinoamérica. The business is a partnership between M. Holland and...
http://www.chemweek.com/people_and_business/companies/M-Holland-partners-with-Mexican-distributor-to-expand-Latin-American-presence_72722.html
July 31, 2015
Debt refinancing is a risk for a group of nine high-yield-rated chemical companies with a total of about $5 billion in debt maturing in 2017 or 2018, according to a new report by...
http://www.chemweek.com/people_and_business/companies/Moodys-Debt-refinancing-a-risk-for-some-private-equity-owned-chemical-companies_72652.html
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