IHS Chemical Week

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June 17, 2013
Petrobras’s board has approved the restructuring of its petrochemical portfolio, including the merger of wholly owned subsidiaries Comperj Participações, Comperj...
http://www.chemweek.com/people_and_business/earnings_finance/Petrobras-to-restructure-petchems-portfolio_52864.html
June 13, 2013
The company says first-half operating earnings will fall about 10% below the prior year since cool and wet weather in North America and Europe hurt agriculture and nutrition results....
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-expects-lower-second-quarter-earnings-citing-cool-weather_52815.html
June 13, 2013
Stepan says that on 9 August it will redeem all remaining shares of 5.5% convertible preferred stock at $25/share. Most holders of the stock, which was issued in 1992, have exercised...
http://www.chemweek.com/people_and_business/earnings_finance/Stepan-redeeming-preferred-stock_52813.html
June 10, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 13 out of 20 this week. Thus, we continue to post a green banner. Payroll employment up 175,000...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-7-June-2013_52730.html
June 10, 2013
KMG Chemicals today reported fiscal third-quarter net income down 27.5% year-on-year (YOY), to $2.9 million, on sales down 10%, to $59.9 million. Earnings totaled 25 cts/share, beating...
http://www.chemweek.com/people_and_business/earnings_finance/KMG-Chemicals-earnings-fall-but-beat-estimates_52729.html
June 7, 2013
Driven by continued difficulties in the company’s industrial engineered products segment, Chemtura says it expects second-quarter 2013 earnings to decline on a year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/Chemtura-forecasts-YOY-earnings-decline-in-the-second-quarter_52701.html
June 6, 2013
Johnson Matthey's (London) environmental technologies division posted a 7% increase in underlying operating profit for the fiscal year ended 31 March 2013, to £226 million on...
http://www.chemweek.com/people_and_business/earnings_finance/Johnson-Mattheys-environmental-technologies-division-posts-higher-annual-profits-lower-sales_52657.html
June 6, 2013
Monsanto says its Board of Directors has approved a three-year share repurchase program for up to $2 billion of the company's common stock over a three-year period. The new program...
http://www.chemweek.com/people_and_business/earnings_finance/Monsanto-announces-$2-billion-share-buyback_52656.html
June 6, 2013
Private equity firm Golden Gate Capital (GGC; San Francisco), the largest shareholder in US Silica, is selling 10 million shares in the commercial silica maker at $19.60/share in a...
http://www.chemweek.com/people_and_business/earnings_finance/Golden-Gate-Capital-selling-more-US-Silica-shares_52628.html
June 6, 2013
Cytec today said it expects to complete its $650-million share buyback program funded with proceeds from the $1.15-billion coating resins divestiture by 11 June. It has launched a new...
http://www.chemweek.com/people_and_business/earnings_finance/Cytec-completes-share-buyback_52627.html
June 6, 2013
OCI expects to form an MLP that will file a registration statement in June with the IPO to follow in the second half of 2013....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-plans-IPO-for-Beaumont-methanol-facility_52588.html
June 5, 2013
Biotech companies in Germany are anticipating a slight increase in sales this year. The positive prognosis was outlined in results of a survey conducted by the German biotechnology...
http://www.chemweek.com/people_and_business/earnings_finance/German-biotech-industry-anticipates-increase-in-sales_52573.html
June 4, 2013
The petrochemical business of state-owned oil company Indian Oil Corp. (New Delhi) reports a 6.2% increase in sales in its fiscal fourth quarter, ended 31 March, compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/Indian-Oils-petrochemical-business-reports-rise-in-sales_52500.html
June 3, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 13 out of 20 this week. Thus, we continue to post a green banner. Consumer confidence up 7.2 points, to...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-31-May-2013_52518.html
June 3, 2013
Airgas announced last week that will increase, effective 1 July, US prices by 6–12% on average—with helium and argon averaging 10–15%— for bulk...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-increases-prices_52510.html
May 31, 2013
Eastman announced today that it will invest $1.6 billion at its Kingsport, TN site over the next 7 years. Investment will focus on safety and environmental projects, increased...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-announces-$1-6-billion-investment-plan-for-Kingsport-site_52379.html
May 30, 2013
The petrochemical business of state-owned natural gas company Gail India (New Delhi) reports a 25% increase in sales in its fiscal fourth quarter, ended 31 March, compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/Gails-petrochemical-business-reports-rise-in-sales_52381.html
May 29, 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 29, 2013
Sociedad Química y Minera de Chile (SQM; Santiago) recorded $152.7 million in net profit during the first quarter, a slight increase from the $151.8 million reported during the...
http://www.chemweek.com/people_and_business/earnings_finance/Chiles-SQM-reports-slight-profit-increase-in-first-quarter_52360.html
May 29, 2013
Monsanto increased its full-year earnings outlook for 2013, citing growth in the company's global corn portfolio and better-than-expected market conditions for its glyphosate segment...
http://www.chemweek.com/people_and_business/earnings_finance/Monsanto-raises-2013-profit-outlook_52363.html
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