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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
April 23, 2014
Milliken (Spartanburg, SC) announced today that it is building new capacity for a clarifying agent for polypropylene (PP) at Blacksburg, SC. The new capacity will be onstream in 2015...
http://www.chemweek.com/people_and_business/companies/Milliken-to-increase-capacity-for-PP-clarifier_60492.html
April 23, 2014
Praxair had first-quarter net income of $448 million, up 8% year-on-year (YOY). Reported earnings of $1.51/share are in line with analyst consensus, according to Thomson Reuters (New...
http://www.chemweek.com/people_and_business/companies/Praxair-earnings-up-on-North-American-chemicals-growth_60489.html
April 23, 2014
The Japan Bank for International Cooperation (JBIC; Tokyo) has extended a syndicated loan of up to $330 million to establish an export credit line with Reliance Industries, JBIC...
http://www.chemweek.com/people_and_business/companies/Reliance-secures-credit-facility-of-up-to-$550-million-from-Japan-banks-for-petchem-expansion-program_60486.html
April 23, 2014
Dow Chemical reports higher first-quarter profits, driven by gains in most segments as well as productivity and cost-control actions. Adjusted earnings of 79 cts/share increased 14% year-on-year (YOY), easily beating the analysts’ consensus estimate of 70 cts/share. Sales increased 1% YOY, to $14.5 billion. Net income increased 75% YOY, to $964 million....
http://www.chemweek.com/people_and_business/companies/Dow-reports-75-percent-gain-in-first-quarter-net-income-handily-beats-estimates_60485.html
April 23, 2014
Air Products reports net income of $284 million for the quarter ended 31 March, down 2% year-on-year (YOY). Reported earnings of $1.32/share fell below analyst estimates of...
http://www.chemweek.com/people_and_business/companies/Air-Products-earnings-down-sales-up-in-second-quarter_60490.html
April 22, 2014
Cytec today reported first-quarter earnings up 57% year-on-year (YOY), to $55.9 million, or $1.52/share, on sales up 2.5%, to $489 million. Adjusted earnings totaled $1.42/share...
http://www.chemweek.com/people_and_business/companies/Cytec-beats-estimates-on-solid-volumes_60479.html
April 22, 2014
ACC today released its monthly chemical activity barometer (CAB)—noting that the CAB reached its highest level since March 2008. On a three-month moving average basis, the April...
http://www.chemweek.com/people_and_business/companies/ACC-CAB-at-highest-level-since-2008_60464.html
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