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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
July 18, 2014
Honeywell says that profit in its performance materials and technologies (PMT) segment  was $475 million, up 8% from the prior year. Segment revenue rose 6% year-on-year...
http://www.chemweek.com/people_and_business/companies/Honeywell-posts-stronger-performance-materials-earnings_62590.html
July 18, 2014
PPG says it has agreed to sell its float glass manufacturing plant at Mt. Zion, IL, to China's Fuyao Glass America subsidiary at Greenville, SC. Financial details, including purchase...
http://www.chemweek.com/people_and_business/companies/PPG-sells-float-glass-plant-in-Illinois_62593.html
July 18, 2014
BASF has inaugurated its largest European production plant for mobile emission catalysts at Środa Śląska, a special economic zone near Wrocław, Poland, the company announced today...
http://www.chemweek.com/people_and_business/companies/BASF-inaugurates-mobile-emissions-catalysts-plant-in-Poland_62586.html
July 18, 2014
Cytec today announced second-quarter earnings that more than doubled year-on-year (YOY), to $73.6 million, on sales up 2.6%, to $527 million. Earnings from continuing operations were...
http://www.chemweek.com/people_and_business/companies/Cytec-beats-estimates-announces-stock-split_62544.html
July 17, 2014
PPG Industries has named Michael McGarry, current executive v.p., as COO, effective 1 August. McGarry will have responsibility for all of PPG’s strategic business units and...
http://www.chemweek.com/people_and_business/companies/PPG-names-McGarry-as-COO_62512.html
July 17, 2014
Praxair announced today that it has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co. (Nanjing, East China)—a joint venture...
http://www.chemweek.com/people_and_business/companies/Praxair-signs-ASU-deal-with-Huntsman-Jinling-jv_62508.html
July 17, 2014
Sherwin-Williams (SW) today announced second quarter net income up 13.3% year-on-year (YOY), to $291.4 million, on sales up 12.2%, to $3.04 billion. Earnings totaled $2.94/share...
http://www.chemweek.com/people_and_business/companies/Sherwin-Williams-raises-guidance-earnings-rise_62529.html
July 17, 2014
PPG Industries today reported second quarter net income from continuing operations up 24% year-on-year (YOY), to $393 million, or $2.80/share, on sales up 5%, to $4.1 billion. Adjusted...
http://www.chemweek.com/people_and_business/companies/PPG-earnings-beat-estimates-on-strong-sales_62509.html
July 16, 2014
Toll manufacturer Royal Chemical says it completed an expansion of its East Stroudsburg, PA, facility, increasing chemical blending capacity and updating equipment. Capacity at the...
http://www.chemweek.com/people_and_business/companies/Royal-Chemical-expands-blending-plant-in-Pennsylvania_62484.html
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