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Archives :: People & Business :: Earnings/Finance
Displaying 1 - 20 of 3792 stories.
May 24, 2013
Dow Chemical today announced plans to use up to $2 billion of its $2.2 billion payout from Petrochemical Industries of Kuwait (PIC) over the K-Dow joint venture termination to pay down...http://www.chemweek.com/people_and_business/earnings_finance/Dow-to-use-K-Dow-award-for-debt-repayment_52292.html May 23, 2013
Tanker operator Eitzen Chemical (Oslo) says its Ebitda more than doubled in the first quarter of 2013 compared with the fourth quarter of 2012, to $10.5 million. Revenue was not...http://www.chemweek.com/people_and_business/earnings_finance/Tanker-operator-Eitzen-posts-big-increase-in-Ebitda_52268.html May 23, 2013
Songwon Industrial (Ulsan, South Korea) reports a more than 7-fold increase in net profits for the first quarter compared with the corresponding period of the previous year, to 7.72...http://www.chemweek.com/people_and_business/earnings_finance/Songwon-reports-huge-rise-in-quarterly-profits_52259.html May 23, 2013
Toho Tenax, the carbon fiber unit of Teijin (Tokyo), has announced plans to suspend production of carbon fiber at its Rockwood, TN site by the end of the third quarter....http://www.chemweek.com/people_and_business/earnings_finance/Teijin-to-shut-US-carbon-fiber-production-unit_52237.html May 23, 2013
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), reports a more than doubling in profits for the first quarter of 2013 compared with the year-ago quarter, to...http://www.chemweek.com/people_and_business/earnings_finance/Siam-Cements-chemicals-unit-reports-huge-rise-in-profits_51673.html May 23, 2013
Leading Korean chemical companies report mixed financial results for the first quarter of 2013. LG Chem posted a 10.6% decline in net profits for the first quarter compared with the...http://www.chemweek.com/people_and_business/earnings_finance/Korean-companies-report-mixed-results-for-the-first-quarter_51672.html May 23, 2013
Producers of personal care chemicals have seen growth stagnate in early 2013, hit by lower prices and a weak economy....http://www.chemweek.com/people_and_business/earnings_finance/Sales-stagnant-as-demand-weakens-for-high-end-products_51691.html May 23, 2013
Lonza says that it will permanently close its biocides manufacturing site at Swords, Ireland, in June. The Swords site became a part of Lonza through the acquisition of Arch Chemicals...http://www.chemweek.com/people_and_business/earnings_finance/Lonza-to-close-Ireland-biocides-manufacturing-plant-in-June_51689.html May 23, 2013
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) will, by mid-2013, take over the marketing and distribution of all chemicals and petrochemicals produced in Qatar....http://www.chemweek.com/people_and_business/earnings_finance/Muntajat-a-new-gateway-to-Qatars-chemicals-Output-will-more-than-double-by-2020_51686.html May 23, 2013
Stolt-Nielsen posted a fall in unaudited net profits for the first quarter of 2013 to $1.5 million, from $8 million in the corresponding quarter of 2012, on sales of $519.4...http://www.chemweek.com/people_and_business/earnings_finance/Stolt-Nielsen-reports-lower-first-quarter-net-profits_51685.html May 23, 2013
Vopak reports a 1% decrease in first-quarter operating profit excluding exceptional items, to €138.4 million ($180 million), compared with the first quarter of last year....http://www.chemweek.com/people_and_business/earnings_finance/Vopaks-profit-slips-in-the-first-quarter_51684.html May 23, 2013
The low cost of natural gas gives US chlor-alkali producers a great advantage on the global market, but capitalizing on the opportunity means maintaining the industry’s strong...http://www.chemweek.com/people_and_business/earnings_finance/Chlorine-Institutes-safety-mission-supports-chlor-alkali-opportunity_51682.html May 23, 2013
Demand for chlor-alkali products is growing on the back of recovery in the construction sector, but the benefit will not be spread evenly around the globe, according to Steve Brien...http://www.chemweek.com/people_and_business/earnings_finance/US-chlor-alkali-exports-margins-rising-on-shale-advantage_51681.html May 23, 2013
Rosneft (Moscow) and Mitsui & Co. have signed a memorandum of understanding (MOU) to develop jointly Rosneft’s previously announced Far East Petrochemical Co. (Fepco) project near Nakhodka, in Russia’s far east. The world-scale petrochemical complex, in its first stage, will be able to process 3.4 million m.t./year of feedstock, predominantly naphtha....http://www.chemweek.com/people_and_business/earnings_finance/Rosneft-and-Mitsui-sign-MOU-to-develop-Russian-petchem-site_51680.html May 23, 2013
Clariant will build a pigment preparations plant at Tangerang, Indonesia, as part of a series of investments to strengthen support for customers in China, India, and Indonesia. The...http://www.chemweek.com/people_and_business/earnings_finance/Clariant-invests-in-pigments-in-Indonesia-China-and-India_51676.html May 22, 2013
The supervisory board also authorized an interim dividend of 50 cts/share, an increase of 25% over the company's first quarter 2013 interim dividend....http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-to-repurchase-up-to-10-percent-of-outstanding-stock-hikes-dividend_52248.html May 21, 2013
International Flavors & Fragrances (IFF) says it will close its fragrance ingredient manufacturing plant at Augusta, GA, by July 2014 as part of the company’s cost-cutting...http://www.chemweek.com/people_and_business/earnings_finance/IFF-to-close-GA-plant_52120.html May 21, 2013
Mitsui & Co. has reached an agreement to take a 50% stake in Celanese’s planned methanol project at Celanese’s Clear Lake, TX, site. Celanese announced the project last...http://www.chemweek.com/people_and_business/earnings_finance/Mitsui-and-Co-to-take-50-percent-stake-in-Celanese-methanol-project-at-Clear-Lake-TX_52112.html May 21, 2013
Financial results from commodity and diversified firms continue to reflect persistent weakness in the global economy, although expanding ethylene margins have helped many stave off...http://www.chemweek.com/people_and_business/earnings_finance/First-quarter-profits-pressured-despite-strong-ethylene-margins_52111.html May 21, 2013
Ferro has reached an agreement with FrontFour Capital and Quinpario Partners, agreeing to support two out of three of the shareholder group’s board nominees. The deal comes after...http://www.chemweek.com/people_and_business/earnings_finance/Ferro-shareholder-group-reach-agreement-on-board-nominees_52107.html |
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