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April 26, 2013
Reliance Industries says that net profits for the company’s fiscal fourth quarter, ended 31 March, increased 31.9% compared with the same period of the previous year, to about...
http://www.chemweek.com/people_and_business/earnings_finance/Reliance-Industries-reports-rise-in-quarterly-profits_51429.html
April 26, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts....
http://www.chemweek.com/people_and_business/earnings_finance/Sabic-restructures-in-Europe-cuts-more-than-1000-jobs-_51426.html
April 26, 2013
Sabic’s first-quarter net income declined 10%, to 6.56 billion Saudi riyals ($1.75 billion), compared with the first quarter of 2012, but increased 13% compared with the SR5.83...
http://www.chemweek.com/people_and_business/earnings_finance/-reports-lower-first-quarter-profits_51425.html
April 26, 2013
Russia’s largest producer of petrochemicals, has outlined its investment plans and announced the completion of a 500,000-m.t./year polypropylene (PP) plant at Tobolsk, Russia. Russian regulators are currently on-site inspecting the facility before approving the start of operations....
http://www.chemweek.com/people_and_business/earnings_finance/Sibur-readies-PP-plant-to-decide-on-olefins-complex_51423.html
April 26, 2013
Olin (Clayton, MO) on Thursday reported first-quarter 2013 net income of $40.5 million, up 5% year-on-year (YOY). Weak results in the chlor-alkali business were more than balanced by...
http://www.chemweek.com/people_and_business/earnings_finance/Olin-earnings-up-despite-weak-chlor-alkali_51532.html
April 26, 2013
Minerals Technologies today reported first-quarter net income up 4% year-on-year (YOY), to $18.8 million, on sales down 2%, to $251.3 million. Earnings totaled 53 cts/share, slightly...
http://www.chemweek.com/people_and_business/earnings_finance/Minerals-Technologies-earnings-rise-4-percent_51531.html
April 26, 2013

LyondellBasell posted net income of $900 million in the first quarter, up of 50% from the year-ago period on record US olefin margins. Sales declined 9.1%, to $10.9 billion, because of planned maintenance at its Houston refinery. “We took advantage of strong industry margins [in US olefins], and for the third consecutive quarter, operated our ethylene plant system at or above nameplate capacity, achieving record profitability in this segment,” says Jim Gallogly, LyondellBasell CEO.

...

http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-first-quarter-earnings-jump-50-percent-on-strong-US-olefins_51530.html
April 26, 2013
NewMarket on Thursday announced a year-over-year increase in first quarter earnings of 2%, to $67.8 million. Reported earnings of $5.07/share were also up 2% from the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/NewMarket-first-quarter-earnings-up-2-percent_51471.html
April 26, 2013
PetroLogistics (Houston) on Thursday reported first-quarter 2013 net income of $57.1 million, up from a loss of $45.4 million in the first quarter of 2012. Sales totaled $208.7...
http://www.chemweek.com/people_and_business/earnings_finance/PetroLogistics-earnings-up-on-propylene-spread_51485.html
April 26, 2013
PetroChina says that demand for refined products in the first quarter of this year was weak, while the petrochemicals market remained depressed. China’s GDP experienced a...
http://www.chemweek.com/people_and_business/earnings_finance/PetroChina-widens-first-quarter-chemical-losses-appoints-new-chairman_51523.html
April 26, 2013
BASF today reported a 15% drop in first-quarter net income, to €1.45 billion ($1.89 billion), and Ebit 16.5% lower, at €2.17 billion. Special income from the divestment...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-reports-lower-first-quarter-net-income-on-higher-sales-confirms-2013-outlook_51520.html
April 25, 2013
Occidental Chemical (OxyChem), the chemical segment of Occidental Petroleum, has reported a year-on-year (YOY) decline in earnings for the first quarter. OxyChem earnings for the first...
http://www.chemweek.com/people_and_business/earnings_finance/OxyChem-earnings-down-on-demand-costs_51454.html
April 25, 2013
Methanex (Vancouver) reports quarterly and year-on-year earnings improvement for the first quarter of 2013, citing higher pricing. Adjusted net income of 92 cts/share easily exceeded...
http://www.chemweek.com/people_and_business/earnings_finance/Methanex-reports-strong-earnings-announces-second-plant-relocation-from-Chile_51450.html
April 25, 2013
Cheap natural gas and strong agriculture markets lifted Dow Chemical’s first-quarter earnings ahead of estimates, but chairman and CEO Andrew Liveris says that, given...
http://www.chemweek.com/people_and_business/earnings_finance/Dow-Chemical-profit-rises-on-cheap-feedstocks-and-agriculture_51449.html
April 25, 2013
Tikkurila (Helsinki), the former paints and coatings subsidiary of Kemira, says revenue for the first quarter of 2013 decreased by 6.9%, to €138.4 million ($181.2 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Tikkurila-reports-good-first-quarter-profitability-despite-weak-market-development_51444.html
April 25, 2013
Kuraray reports an 8.5% fall in net profits for its fiscal year ended 31 March, compared with the previous fiscal year, to ¥28.79 billion ($290 million). Full year sales increased...
http://www.chemweek.com/people_and_business/earnings_finance/Kuraray-reports-fall-in-profits_51443.html
April 25, 2013
Versalis (Milan), the chemicals subsidiary of ENI (Rome), reports a strong improvement in profitability in the first quarter of this year. The company is continuing with a major...
http://www.chemweek.com/people_and_business/earnings_finance/Versalis-narrows-losses-in-the-first-quarter-of-this-year_51442.html
April 25, 2013
A strong US dollar and sales growth in its healthcare and industrial segments led to modest first quarter gains for 3M, according to their earnings released today. Net income increased...
http://www.chemweek.com/people_and_business/earnings_finance/3M-reports-sales-growth-on-strong-US-dollar_51457.html
April 25, 2013
ExxonMobil on Thursday reported a 62% year-over-year (YOY) increase first-quarter chemical segment earnings. Chemical earnings of $1.1 billion were $436 million higher than the...
http://www.chemweek.com/people_and_business/earnings_finance/ExxonMobil-first-quarter-chemical-earnings-jump-62-percent_51456.html
April 25, 2013
Improved global potash demand and record first-quarter nitrogen contributions helped contribute to stronger earnings and sales for PotashCorp. (PCS), with net income up 13%...
http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-reports-improvement-in-earnings-drops-bid-for-ICL_51452.html
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