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May 7, 2014
Rockwood today reported first-quarter net income of $21.7 million, more than double that of the year-ago quarter. Net sales totaled $354.5 million, up 5.2% year-on-year (YOY). Adjusted...
http://www.chemweek.com/people_and_business/companies/Rockwood-earnings-rise-on-solid-surface-treatment-results_60863.html
May 7, 2014
Innospec has reported first-quarter net income down 6% year-on-year (YOY), to $16.9 million, on sales up 11%, to $220.7 million. Adjusted earnings, excluding some foreign currency and...
http://www.chemweek.com/people_and_business/companies/Innospec-earnings-fall-despite-rising-sales_60864.html
May 7, 2014
Symrise (Holzminden, Germany) says it increased sales in the first quarter of 2014 of €470 million ($654 million) compared with €458 million in the year-ago quarter, or 2.6%...
http://www.chemweek.com/people_and_business/companies/Symrise-sales-up-2-6-percent-in-first-quarter-Ebitda-rises-by-9-0-percent_60854.html
May 7, 2014
Linde says it achieved sales of €4.05 billion ($5.63 billion) in first-quarter 2014, an increase of 1.5% versus the year-ago quarter, or 7.3% after adjusting for exchange rate...
http://www.chemweek.com/people_and_business/companies/Linde-operating-profit-falls-2-7-percent-on-slight-revenue-increase-confirms-2014-outlook_60848.html
May 7, 2014
Evonik says it achieved sales of €320 billion ($4.45 billion) in first-quarter 2014, close to the prior-period level of €3.21 billion, a slight organic sales growth of 1%...
http://www.chemweek.com/people_and_business/companies/Evonik-Ebitda-falls-24-percent-on-organic-sales-growth-of-1-percent-reiterates-outlook-for-2014_60860.html
May 6, 2014
FMC today reported first-quarter net income down by about half year-on-year (YOY), to $65.6 million, or 49 cts/share, on revenues up 3%, to $942 million. Earnings excluded some charges...
http://www.chemweek.com/people_and_business/companies/FMC-earnings-fall-as-ag-results-hit-by-bad-weather_60841.html
May 6, 2014
Platform Specialty Products today announced that it will issue $200 million in shares of common stock in a private placement. The placement is expected to close on 20 May. Platform...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-Products-commences-private-placement_60840.html
May 6, 2014
Mosaic today reported net income down 43% year-on-year (YOY), to $218 million, or 54 cts/share, on sales down 13%, to $2 billion. "While weather continued to create challenges in...
http://www.chemweek.com/people_and_business/companies/Mosaic-earnings-fall-on-lower-selling-prices_60828.html
May 6, 2014
AkzoNobel today officially inaugurated a membrane-process chlorine plant at the Höchst, Germany, industrial park, near Frankfurt. Management, employees, customers, and politicians...
http://www.chemweek.com/people_and_business/companies/AkzoNobel-inaugurates-chlor-alkali-plant-in-Germany-CEO-confirms-targets_60827.html
May 6, 2014
US Water Services (St. Michael, MN) has acquired Water Chemical Service (Waterchem; Aberdeen, MD), a maker of pathogen control products, for an undisclosed sum, the company says. The...
http://www.chemweek.com/people_and_business/companies/US-Water-Services-acquires-treatment-firm-in-Mid-Atlantic_60826.html
May 6, 2014
International Flavors & Fragrances (IFF) today reported first-quarter net income up 18% year-on-year (YOY), to $106.7 million or $1.30/share, on sales up 6%, to $770 million...
http://www.chemweek.com/people_and_business/companies/IFF-earnings-beat-estimates-on-strong-sales_60825.html
May 6, 2014
DSM reports a €99-million ($137.4 million) net profit from continuing operations in the first quarter, down 21% year-on-year (YOY) as a result of currency movements, the company...
http://www.chemweek.com/people_and_business/companies/DSMs-net-profit-drops-21-percent-on-currency-movements_60822.html
May 6, 2014
Solvay reports €121 million ($167.8 million) in adjusted net income for the first quarter, up 20% year-on-year (YOY) and beating the company's previous forecasts, as demand...
http://www.chemweek.com/people_and_business/companies/Solvays-net-income-up-20-percent_60820.html
May 5, 2014
Koppers Holdings today reported net income down 80% year-on-year (YOY), to $2.2 million, or 11 cts/share, on sales down 11%, to $331.4 million. Adjusted earnings totaled $6.6 million...
http://www.chemweek.com/people_and_business/companies/Koppers-earnings-plummet-on-weak-carbon-materials-results_60785.html
May 5, 2014
Platform Specialty Products today reported a first-quarter net loss of $5.9 million compared with income of $15.3 million in the year-ago quarter, on sales up 1% year-on-year (YOY), to...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-Products-reports-loss_60782.html
May 2, 2014
Activist hedge fund Third Point, led by Daniel Loeb, has called on Dow Chemical to provide greater detail on its petrochemical operations, arguing that the segment is “underearning” by at least $2.5 billion/year. Third Point says in a 1 May letter to investors that the earnings gap is the result of the “result of a strategy focused more on selling downstream products than on maximizing profits.”...
http://www.chemweek.com/people_and_business/companies/Hedge-fund-Third-Point-sharpens-criticism-of-Dows-petchem-strategy_60770.html
May 2, 2014
Niagara Fiber, which is owned by private equity firm Arsenal Capital (New York), has announced it will acquire Allied Blending & Ingredients (ABI; Keokuk, IA), a maker of fiber and...
http://www.chemweek.com/people_and_business/companies/Arsenals-Niagara-Fiber-acquires-Allied-Blending_60768.html
May 2, 2014
LyondellBasell Industries has received a key permit required in the company's ethylene expansion program, the company announced today. The investments are expected to provide an...
http://www.chemweek.com/people_and_business/companies/LyondellBasell-gets-permit-for-ethylene-expansion-at-Corpus-Christi_60762.html
May 1, 2014
Cytec says that Raymond Heslin and Richard Ferguson have been elected corporate officers of the company. Heslin, who has been with Cytec since 1994, is is currently corporate...
http://www.chemweek.com/people_and_business/companies/Cytec-adds-two-corporate-officers_60748.html
May 1, 2014
Sonatrach (Algiers) and the Villar Mir (Madrid) conglomerate signed two agreements related to their fertilizer activities in Algeria, local media sources report. The first agreement...
http://www.chemweek.com/people_and_business/companies/Reports-Sonatrach-and-Spanish-conglomerate-sign-agreements-related-to-fertilizer-JVs_60731.html
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