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Archives :: People & Business :: Earnings/Finance
Displaying 1 - 20 of 2559 stories.
February 10, 2012
This Week on CW: Indorama Ventures, a Thai chemicals concern, has announced plans to buy Old World Industries’ chemicals assets for $795 million. Old World operates the largest...http://www.chemweek.com/people_and_business/earnings_finance/Chemical-Industry-Weekly-News-Round-Up-Feb-10_41292.html February 10, 2012
LyondellBasell reported a fourth-quarter net loss of $218 million, compared with a profit of $766 million in the year-ago quarter. Sales rose 11%, to $11.4 billion. Weaker results were attributed to customer destocking, a slowdown in Europe and Asia, poor refining margins, and one-time charges. LyondellBasell says earnings were negatively impacted by $448 million, or 79 cts/share, in charges relating primarily to refinancing costs and the suspension of operations at its Berre, France refinery. LyondellBasell enjoyed a net income benefit of $151 million in the year-ago quarter, due primarily to a favorable inventory adjustment....http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-Swings-to-Loss-on-Destocking-Refinancing-Costs_41284.html February 10, 2012
Momentive Specialty Chemicals, the thermoset resins operations of Momentive Performance Materials Holdings, reported preliminary operating income of $14 million for its fiscal fourth...http://www.chemweek.com/people_and_business/earnings_finance/Destocking-Hits-Momentive-Preliminary-Results_41283.html February 10, 2012
Tokuyama (Tokyo) has recorded a 26.4% fall in net profits for the nine months ended December 31, 2011, compared with the year-ago period, to ¥3.9 billion ($50 million). Sales...http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-Reports-Fall-in-Profits-and-Sales_41263.html February 10, 2012
DIC Corp. (Tokyo) has recorded a 4.5% fall in net profits for the fiscal first nine months ended December 31, 2011, compared with the year-ago period, to ¥15.9 billion ($205...http://www.chemweek.com/people_and_business/earnings_finance/DIC-Reports-Fall-in-Profits-and-Sales_41262.html February 9, 2012
International Flavors & Fragrances (IFF) fourth-quarter 2011 earnings fell 56% year-on-year, to $24.4 million, or 30 cts/share. The decline was due to a 44 cts/share charge related...http://www.chemweek.com/people_and_business/earnings_finance/IFF-Adjusted-Earnings-Beat-Estimates_41214.html February 9, 2012
Showa Denko recorded net losses of ¥500 million ($6.5 million) in the fourth quarter of 2011, compared with ¥3.3 billion in net profits in the corresponding period...http://www.chemweek.com/people_and_business/earnings_finance/Showa-Denko-Reports-Losses-and-a-Slight-Decrease-in-Sales_41212.html February 9, 2012
Ampac Fine Chemicals (AFC; Rancho Cordova, CA), the contract fine chemicals subsidiary of American Pacific (Las Vegas, NV), has reported sales for its fiscal first quarter for 2012...http://www.chemweek.com/people_and_business/earnings_finance/Ampac-Fine-Chemicals-Ups-Revenue-55-percent-Cuts-Losses_41213.html February 9, 2012
Hikal (Mumbai), an active ingredients and intermediates manufacturer, says net profits for its fiscal third quarter ended December 31, 2011, more than doubled year over year...http://www.chemweek.com/people_and_business/earnings_finance/Hikal-Reports-Increase-in-Net-Profits-and-Sales_41208.html February 8, 2012
Standard & Poor’s (S&P; New York) has raised Rockwood Holdings’ corporate credit rating to ‘BB+’ from ‘BB’ due to an improvement in the...http://www.chemweek.com/people_and_business/earnings_finance/S-and-P-Raises-Rockwoods-Credit-Rating_41203.html February 8, 2012
FMC announced fourth-quarter 2011 net income up of $77.9 million ($1.10/share), compared to a net loss of $53.5 million (74 cts share) in the fourth quarter of 2010. Net income in the...http://www.chemweek.com/people_and_business/earnings_finance/FMCs-Income-Rises-on-Strong-Sales-Across-All-Businesses_41184.html February 8, 2012
Syngenta today reported a 14% increase in 2011 net income to $1.6 billion on sales also up 14% at $13.3 billion. Sales of crop protection products were 14% higher at $10.2 billion and...http://www.chemweek.com/people_and_business/earnings_finance/Syngentas-Net-Income-and-Sales-Rise-Benefiting-from-Integration_41078.html February 8, 2012
Agrium today reported fourth-quarter net earnings of $193 million, or $1.20/share, up 43% from the year-ago period. Excluding a $134 million loss from discontinued operations...http://www.chemweek.com/people_and_business/earnings_finance/Agrium-Earnings-Rise-43-percent_41093.html February 8, 2012
Odfjell says net losses in the fourth quarter of 2011 were $8 million, exactly the same net result as in the fourth quarter of 2010. Odjfell's sales and Ebitda increased 19% and 11%...http://www.chemweek.com/people_and_business/earnings_finance/Odfjell-Reports-Stable-Losses-Despite-Increase-in-Sales_41085.html February 8, 2012
Compass Minerals reported fourth-quarter net income of $43.9 million, down 28% from the year-ago quarter, on losses caused by a tornado that struck the company’s salt mine and...http://www.chemweek.com/people_and_business/earnings_finance/Unfavorable-Weather-Conditions-Impact-Earnings-at-Compass-Minerals_41086.html February 8, 2012
Kemira says net profit from continuing operations in the fourth quarter of 2011 was €37.8 million ($50 million), 51% higher than the €25.1 million reported in the same...http://www.chemweek.com/people_and_business/earnings_finance/Kemira-Reports-Higher-Net-Profits-but-Lower-Sales_41081.html February 8, 2012
Teijin today announced strategies for growth over the next few years, which includes a mid-term business plan for until the fiscal year ending March 31, 2017 and a long-term plan for...http://www.chemweek.com/people_and_business/earnings_finance/Teijin-Announces-New-Business-Plan_41080.html February 8, 2012
Cambrex (East Rutherford, NJ) reported an 84% fall in net profits for the fourth quarter ended December 31, 2011, compared with the year-ago quarter, to $741,000. Net sales for the...http://www.chemweek.com/people_and_business/earnings_finance/Cambrex-Reports-Fall-in-Fourth-Quarter-Profits_41077.html February 7, 2012
Yara (Oslo), the global fertilizer major, today reported strong fourth-quarter results, reflecting “good farm profitability and improved margins." It also said...http://www.chemweek.com/people_and_business/earnings_finance/Yara-Reports-Strong-Fourth-Quarter-Results-on-Good-Farm-Profitability-and-Margins_41053.html February 7, 2012
BP says that earnings on a replacement cost basis, before interest and taxes, for its petrochemical business in the fourth quarter of 2011 were $96 million, 60% lower than the $243...http://www.chemweek.com/people_and_business/earnings_finance/BP-Reports-60-percent-Decrease-in-Petrochemical-Earnings_41064.html |
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