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April 25, 2013
The first flight in China powered by a newly developed biofuel was conducted successfully, says Sinopec. The biofuel, made from palm oil and recycled cooking oil, was used by an Airbus...
http://www.chemweek.com/people_and_business/companies/Successful-test-flight-powered-by-Sinopec-biofuel_51447.html
April 25, 2013
Trading in Evonik Industries (Essen, Germany) shares began today on the Frankfurt and Luxembourg stock exchanges. This follows 3 rounds of private placements this year by major...
http://www.chemweek.com/people_and_business/companies/Evonik-Industries-shares-start-trading-in-Frankfurt-and-Luxembourg_51446.html
April 25, 2013
Tikkurila (Helsinki), the former paints and coatings subsidiary of Kemira, says revenue for the first quarter of 2013 decreased by 6.9%, to €138.4 million ($181.2 million)...
http://www.chemweek.com/people_and_business/companies/Tikkurila-reports-good-first-quarter-profitability-despite-weak-market-development_51444.html
April 25, 2013
Construction has started at Yacimientos Petrolíferos Fiscales Bolivianos's (YPFB; La Paz) previously announced ammonia and urea project in the department of Cochabamba...
http://www.chemweek.com/people_and_business/companies/Bolivias-YPFB-breaks-ground-on-urea-project_51441.html
April 25, 2013
A strong US dollar and sales growth in its healthcare and industrial segments led to modest first quarter gains for 3M, according to their earnings released today. Net income increased...
http://www.chemweek.com/people_and_business/companies/3M-reports-sales-growth-on-strong-US-dollar_51457.html
April 25, 2013
ExxonMobil on Thursday reported a 62% year-over-year (YOY) increase first-quarter chemical segment earnings. Chemical earnings of $1.1 billion were $436 million higher than the...
http://www.chemweek.com/people_and_business/companies/ExxonMobil-first-quarter-chemical-earnings-jump-62-percent_51456.html
April 25, 2013
Improved global potash demand and record first-quarter nitrogen contributions helped contribute to stronger earnings and sales for PotashCorp. (PCS), with net income up 13%...
http://www.chemweek.com/people_and_business/companies/PotashCorp-reports-improvement-in-earnings-drops-bid-for-ICL_51452.html
April 25, 2013
Elementis's (London) first-quarter sales volumes increased across most segments, the company announced today in an interim management statement. Specialty products sales volumes during...
http://www.chemweek.com/people_and_business/companies/Elementiss-first-quarter-sales-volumes-increase-across-most-segments_51455.html
April 25, 2013
Cabot Microelectronics net income rose 70.9% year-on-year (YOY) to $9.4 million, or 40 cts/share, on revenues up 1.1%, to $100.4 million. Higher revenue from the dielectrics and copper...
http://www.chemweek.com/people_and_business/companies/Cabot-Micro-earnings-rise-but-miss-estimates_51460.html
April 25, 2013
Shin-Etsu today reported a 5% rise in net income in the fiscal year ended 31 March, to ¥105.71 billion ($1.067 billion), on 2.1% lower sales, of ¥1.03 trillion...
http://www.chemweek.com/people_and_business/companies/Shin-Etsu-fiscal-2013-net-income-rises-on-lower-sales-outlook-for-2014-uncertain_51439.html
April 25, 2013
Croda (Goole, UK) posted a £65.1-million ($99.3 million) pretax profit during the first quarter of the year, up 6.5% from the same quarter in 2012, when it recorded £61.1...
http://www.chemweek.com/people_and_business/companies/Crodas-first-quarter-pretax-profit-jumps-up-6-5-percent_51436.html
April 25, 2013
Bayer reported a “positive development” in its life sciences operations, comprising HealthCare and CropScience, in the first quarter but said that MaterialScience’s...
http://www.chemweek.com/people_and_business/companies/Bayers-life-sciences-units-lift-results-MaterialScience-hampered-by-costs-2013-outlook-confirmed_51435.html
April 24, 2013
Toray says it has successfully made molded components from the partially biobased PBT. Toray Industries announced today that it has successfully produced partially biobased...
http://www.chemweek.com/people_and_business/companies/Toray-produces-biobased-PBT-plans-commercial-scale-production-unit_51428.html
April 24, 2013
Ferro has reported first-quarter net income of $800,000 down 78.9% from the same quarter last year, on sales down 9.1% year-on-year (YOY), to $418 million. Excluding discontinued...
http://www.chemweek.com/people_and_business/companies/Ferro-earnings-top-estimates-despite-sales-decline_51432.html
April 24, 2013
Ashland today reported fiscal second-quarter net income down 39.8% year-on-year (YOY), to $53 million, or 68 cts/share, on sales down 5.3%, to $1.97 billion. The quarter, however...
http://www.chemweek.com/people_and_business/companies/Ashland-beats-estimates-but-abandons-2014-targets_51404.html
April 24, 2013
Avery Dennison reports first quarter results in line with expectations—partially because of benefits from its restructuring program. Net income grew 32% year-on-year (YOY), to...
http://www.chemweek.com/people_and_business/companies/Avery-Dennison-reports-increase-in-net-sales_51407.html
April 24, 2013
Praxair reports first-quarter sales growth despite weakness in Europe, but foreign currency translation negatively impacted the company’s earnings. Net income fell 7%...
http://www.chemweek.com/people_and_business/companies/Praxair-reports-sales-growth-earnings-drop-on-foreign-currency-translation_51405.html
April 24, 2013
UOP, a Honeywell subsidiary, will provide technology for the production of aromatics at Brunei Hengyi Industries' new petrochemical complex in Brunei, Honeywell announced today. Brunei...
http://www.chemweek.com/people_and_business/companies/UOP-to-supply-technology-for-aromatics-complex-in-Brunei_50888.html
April 24, 2013
Air Liquide posted €3.69 billion ($4.80 billion) in revenue during the first quarter of the year, a decline of 2% compared with the prior year due largely to currency and natural gas impacts. "In an economic environment that remains contrasted, the first quarter saw the pursuit of growth investments, and an increase in our underlying growth in gas and services by almost 5%," says Benoît Potier, chairman/CEO of Air Liquide....
http://www.chemweek.com/people_and_business/companies/Air-Liquides-first-quarter-sales-down-2-percent-confirms-forecast-for-2013_51396.html
April 23, 2013
Air Products reports that net income decreased slightly year-on-year (YOY)—down 1.6%, to $290.4 million. Adjusted earnings per share of $1.37/share, up 5.4% YOY, were in line...
http://www.chemweek.com/people_and_business/companies/Air-Products-net-income-declines-1-6-percent_51373.html
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