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April 29, 2014
Stepan today reported first-quarter earnings down 32% year-on-year, to $13 million, on sales up 5%, to $477 million. Excluding deferred compensation, adjusted earnings totaled $12.8...
http://www.chemweek.com/people_and_business/companies/Stepan-earnings-hit-hard-by-winter-weather_60665.html
April 29, 2014
ACC today released its global chemical production index (CPRI), which has risen 0.4% on a three-month moving average basis (3MMA) over March, indicating a good start to the first...
http://www.chemweek.com/people_and_business/companies/ACC-production-index-grows_60659.html
April 29, 2014
Arle Capital (London), a private equity firm spun out of Candover Investments (London) in 2010, is to acquire Innovia (Wigton, UK), a manufacturer of specialty films for labels...
http://www.chemweek.com/people_and_business/companies/Arle-Capital-to-acquire-supplier-of-polymer-for-new-UK-banknotes_60653.html
April 28, 2014
Compass Minerals today reported net earnings up 8% year-on-year (YOY), to $50.2 million, or $1.49/share, on sales up 10%, to $422 million. Earnings beat analysts’ consensus...
http://www.chemweek.com/people_and_business/companies/Compass-Minerals-sales-earnings-rise-on-strong-demand-for-salt-and-fertilizer_60647.html
April 28, 2014
Ecolab today reported net income up 20% year-on-year (YOY), to $191 million, on sales up 16%, to $3.34 billion. Adjusted earnings, excluding restructuring and other charges, rose 23%...
http://www.chemweek.com/people_and_business/companies/Ecolab-earnings-match-estimates-on-strong-sales_60633.html
April 25, 2014
Invista and Solvay announced today that they have signed a settlement agreement resolving disputes related to adiponitrile (ADN) intellectual property and technology used in their...
http://www.chemweek.com/people_and_business/companies/Invista-Solvay-settle-adiponitrile-dispute_60558.html
April 25, 2014
Lanxess is restarting its butyl rubber plant at Zwijndrecht, Belgium, after trade union–represented production employees agreed to accept the terms of a new two-year collective...
http://www.chemweek.com/people_and_business/companies/Labor-agreement-ends-strike-at-Lanxesss-butyl-rubber-plant-in-Belgium_60600.html
April 25, 2014
Minerals Technologies (MTI) has reported first-quarter earnings totaling $15.6 million, or 45 cts/share, down 17% year-on-year (YOY), due mostly to costs related to the acquisition of...
http://www.chemweek.com/people_and_business/companies/Minerals-Technologies-earnings-fall-on-Amcol-acquisition-costs_60609.html
April 25, 2014
Vopak reports a 15% decline in first-quarter net profit, excluding exceptional items, compared with the corresponding period last year, to €68 million ($94 million), on sales down...
http://www.chemweek.com/people_and_business/companies/Vopak-posts-lower-first-quarter-profits-sales-forecasts-5-10-percent-full-year-Ebitda-decline_60597.html
April 25, 2014
BASF says it is "implementing a series of measures" within its nutrition and health division, aimed at strengthening the competitiveness of its performance products segment...
http://www.chemweek.com/people_and_business/companies/BASF-restructures-nutrition-and-health-260-jobs-to-go-by-end-of-2015_60602.html
April 24, 2014
Eastman today announced its first quarter results, with net income dropping 6% year-on-year (YOY), to $233 million. Reported adjusted earnings of $1.61/share were 1 ct below the year-ago quarter but above analyst estimates of $1.58/share, according to Thomson Reuters (New York). Sales of $2.3 billion were flat YOY....
http://www.chemweek.com/people_and_business/companies/Eastman-earnings-down-on-flat-sales-in-first-quarter_60585.html
April 24, 2014
Sensient Technologies says that all nine of its director nominees – including the four who were contested by dissident hedge fund FrontFour Capital (Greenwich, CT) – were...
http://www.chemweek.com/people_and_business/companies/Sensient-directors-win-proxy-fight_60566.html
April 24, 2014
Ashland chairman and CEO James O’Brien will retire at the end of this year, the company says. O’Brien became CEO at Ashland in 2002 and oversaw two major acquisitions...
http://www.chemweek.com/people_and_business/companies/Ashland-CEO-to-retire_60461.html
April 24, 2014
Thomas Swan (Consett, UK) says it has signed an exclusive agreement to manufacture high-quality graphene products using a new process developed by researchers at Trinity College Dublin...
http://www.chemweek.com/people_and_business/companies/Thomas-Swan-says-it-has-exclusive-agreement-to-manufacture-graphene-products-using-new-process_60535.html
April 24, 2014
Air Products told investors on its earnings call 23 April that the search for its next CEO continues. Air Products announced last September that current CEO John McGlade will...
http://www.chemweek.com/people_and_business/companies/Air-Products-says-search-for-CEO-on-track_60540.html
April 24, 2014
PotashCorp today reported net income of $340 million for its first quarter, down 38% year-over-year (YOY), with earnings per share of 40 cts/share, rising above analyst estimates of 36...
http://www.chemweek.com/people_and_business/companies/PotashCorp-reports-earnings-drop-raises-full-year-guidance_60537.html
April 24, 2014
Nippon Shokubai has announced a new long-term business plan through 2020, along with a shorter term action plan covering the next three years. The company has reconfirmed safety as a...
http://www.chemweek.com/people_and_business/companies/Nippon-Shokubai-sets-targets-under-new-business-plan_60536.html
April 24, 2014
Elementis's (London) first-quarter sales volumes increased across most segments, the company announced today in an interim management statement. The company did not disclose profit or...
http://www.chemweek.com/people_and_business/companies/Elementis-says-first-quarter-volumes-increased-full-year-profits-likely-to-meet-expectations_60520.html
April 24, 2014
Air Liquide has reported €3.73 billion ($5.16 billion) in revenue during the first quarter, up 6.2% year-on-year (YOY) on a comparable—growth, excluding currency, natural...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-confirms-2014-growth-target-supported-by-higher-first-quarter-sales_60518.html
April 23, 2014
Ferro today reported first-quarter net income of $17.2 million, compared with $883,000 in the year-ago quarter. Adjusted earnings totaled 19 cts/share, nearly double the year-ago...
http://www.chemweek.com/people_and_business/companies/Ferro-beats-estimates-raises-full-year-guidance_60510.html
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