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July 30, 2014
PhosAgro (Moscow) said today that its CEO, Andrey Guryev, met with Nick Bowen, the executive global head/mining services at Orica, to discuss the final construction stage of...
http://www.chemweek.com/people_and_business/companies/PhosAgro-and-Orica-on-track-with-emulsion-explosives-project-in-Russia_62803.html
July 30, 2014
Mosaic says it plans to discontinue production of muriate of potash (MOP) at its Carlsbad, NM facility. The final date of production is expected to be 31 December, according to...
http://www.chemweek.com/people_and_business/companies/Mosaic-to-end-MOP-production-at-New-Mexico-facility_62667.html
July 29, 2014
Chemtura today reported second-quarter earnings up 59% year-on-year (YOY), to $43 million, on sales up 3%, to $609 million. Earnings from continuing operations totaled $30 million, or...
http://www.chemweek.com/people_and_business/companies/Chemtura-misses-estimates-despite-higher-sales_62791.html
July 29, 2014
Ecolab today reported adjusted net income up 46% year-on-year (YOY), to $311.4 million, on net sales up 7%, to $3.57 billion. Adjusted income totaled $1.03/share, slightly ahead of...
http://www.chemweek.com/people_and_business/companies/Ecolab-beats-estimates-on-solid-sales-growth-narrows-guidance_62777.html
July 29, 2014
Merck KGaA (Darmstadt, Germany) has commissioned a cogeneration plant that will supply energy to pharmaceutical production and research operations at its corporate headquarters. The...
http://www.chemweek.com/people_and_business/companies/Merck-KGaA-commissions-cogeneration-plant-at-Darmstadt_62772.html
July 28, 2014
Paints and coatings company Tikkurila (Helsinki) says its profitability for the first half of 2014 was “good despite weak demand in Russia.” First-half revenue was...
http://www.chemweek.com/people_and_business/companies/Tikkurila-sales-fall-7-4-percent-in-second-quarter-EPS-increases-slightly_62759.html
July 28, 2014
Credit ratings agency Standard and Poor’s (S&P; New York) has downgraded the credit rating of coatings and composites maker Reichhold Industries (Durham, NC), to CCC- from...
http://www.chemweek.com/people_and_business/companies/S-and-P-downgrades-Reichhold-debt-default-a-possibility_62758.html
July 28, 2014
RPM today reported fiscal fourth-quarter net income up 66.4% year-on-year (YOY), to $108.8 million, on sales up 9.1%, to $1.28 billion. On an adjusted basis—excluding some...
http://www.chemweek.com/people_and_business/companies/RPM-earnings-rise-subsidiary-agrees-to-settle-asbestos-claims_62746.html
July 28, 2014
Compass Minerals today reported its second-quarter results, posting a loss of $700,000 in earnings, down from a $10.6-million gain year-on-year (YOY). An earnings per share loss of 2...
http://www.chemweek.com/people_and_business/companies/Compass-Minerals-reports-loss-on-weak-salt_62744.html
July 25, 2014
Sensient Technologies (Milwaukee) says that net income for the quarter fell 10% year-on-year (YOY) because of $13 million in restructuring costs. The company says that adjusted operating income increased by 11%, to$61.2 million. Sales were down 1% YOY, to $374.7 million. Reported adjusted earnings 81 cts/share rose 10% YOY and were above analyst estimates of 79 cts/share, according to Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/companies/Sensient-earnings-drop-on-restructuring-charges_62719.html
July 25, 2014
ACC today released its global chemical regional production index, showing a flat measurement over June for the second month in a row on a three-month moving average basis...
http://www.chemweek.com/people_and_business/companies/ACC-global-production-index-flat-for-second-month_62720.html
July 24, 2014
Airgas today reported fiscal first-quarter 2015 net earnings of $88.9 million, up 5% year-on-year (YOY), on sales up 3% YOY, to $1.3 billion. Sales growth can be attributed to...
http://www.chemweek.com/people_and_business/companies/Airgas-earnings-up-5-percent_62695.html
July 24, 2014
PotashCorp reported its second quarter results today—showing strong segment results, though, overall trailing behind the same quarter 2013. Net income dropped 26% YOY, to $472...
http://www.chemweek.com/people_and_business/companies/PotashCorp-earnings-down-YOY-but-above-guidance_62697.html
July 24, 2014
Linde announced today that it has signed a contract to supply liquid oxygen, nitrogen and argon to Conroe Welding Supply (Conroe, TX)—an independent distributor that serves the...
http://www.chemweek.com/people_and_business/companies/Linde-to-supply-gases-to-Texas-welding-distributor_62698.html
July 23, 2014
Air Products chairman and CEO Seifi Ghasemi, who took the helm of the company on 1 July, says that a focus cash generation and improved capital allocation will drive company strategy....
http://www.chemweek.com/people_and_business/companies/New-Air-Products-CEO-says-emphasis-on-cash-and-capital-allocation-to-guide-strategy_62682.html
July 23, 2014
Praxair posted second net income of $467 million, up 5% year-over year (YOY). Reported earnings of $1.58/share were up 5% YOY but 1 ct below analyst estimates as reported by...
http://www.chemweek.com/people_and_business/companies/Praxair-net-income-up-5-percent_62664.html
July 23, 2014
Stepan today reported second-quarter net income up 7% year-on-year (YOY), to $24.4 million, on net sales up 6%, to $504.1 million. Excluding deferred compensation, earnings totaled 90...
http://www.chemweek.com/people_and_business/companies/Stepan-earnings-rise-but-fall-short-of-estimates_62665.html
July 22, 2014
Croda today reported lower second-quarter sales and earnings on weak consumer demand in Europe. Sales were down 5.8%, to £263.4 million ($449.6 million), while adjusted operating...
http://www.chemweek.com/people_and_business/companies/Crodas-sales-and-earnings-down-unlikely-to-match-last-years-pretax-profit_62628.html
July 21, 2014
PolyOne today reported net income from continuing operations of $30.9 million, or 33 cts/share, down 24.9% year-on-year (YOY), on net sales down 2.9%, to $1.01 billion. Adjusted...
http://www.chemweek.com/people_and_business/companies/PolyOne-earnings-rise-beat-estimates-on-improving-margins_62625.html
July 21, 2014
Air Liquide announced today that it has signed an agreement with Natgasoline (Beaumont, TX), a wholly owned subsidiary of OCI (Sittard, Netherlands), to supply oxygen for...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-to-provide-ASU-to-planned-OCI-methanol-plant_62612.html
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