IHS Chemical Week

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November 4, 2014
The petrochemical business of Idemitsu Kosan reports a 46.7% fall in operating profits for the company's fiscal first half, ended 30 September, compared with the year-ago period, to...
http://www.chemweek.com/people_and_business/earnings_finance/Idemitsu-Kosans-petrochemical-business-reports-fall-in-profits_65083.html
November 4, 2014
Agirum announced its third-quarter earnings, showing improved results year-over-year (YOY). YOY, net income of $91 million increased 13% YOY and includes pre-tax share-based payments...
http://www.chemweek.com/people_and_business/earnings_finance/Agrium-posts-improved-third-quarter-results_65103.html
November 4, 2014
Income benefited primarily from improved olefins and vinyls integrated product margins, the result of higher sales prices for most major products and lower overall feedstock costs. However, unplanned outages at Westlake’s Calvert City and Geismar complexes cut into sales and lowered operating rates, and the acquisition of Vinnolit and the formation of Westlake Partners increased costs....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-income-down-1-percent-beats-analyst-estimate_65101.html
November 4, 2014
IFF today reported third-quarter net earnings up 8% year-on-year (YOY), to $107.4 million, on sales up 4%, to $773.8 million. Earnings totaled $1.32/share, matching analysts’...
http://www.chemweek.com/people_and_business/earnings_finance/IFF-earnings-rise-on-solid-fragrances-results_65107.html
November 4, 2014
Tokuyama (Tokyo) reports a net loss of ¥80.5 billion ($712 million) in the fiscal first half ended 30 September, compared with a net profit of ¥4.51 billion in the first half...
http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-reports-huge-loss-due-to-issues-related-to-a-polysilicon-plant-in-Malaysia_65090.html
November 4, 2014
DSM today reported a 3% drop in third quarter 2014 net profit from continuing operations to €141 million ($176.4 million). Net profit before exceptional items from continuing...
http://www.chemweek.com/people_and_business/earnings_finance/DSM-reports-lower-profits-will-pursue-strategic-actions-for-polymer-intermediates-and-composite-resins_65085.html
November 3, 2014
The petrochemical business of Gail India (New Delhi), a natural gas company, reports a 13% rise in sales in the fiscal second quarter, ended 30 September, compared with the year-ago...
http://www.chemweek.com/people_and_business/earnings_finance/Gails-petrochemical-business-reports-rise-in-sales_65043.html
November 3, 2014
Vertellus Specialties (Indianapolis) has acquired Pentagon Chemicals (Halebank, UK), a maker of fine and specialty chemicals for the life science market, in a deal that closed on...
http://www.chemweek.com/people_and_business/earnings_finance/Vertellus-acquires-UKs-Pentagon-Chemicals_65053.html
October 31, 2014
Chemtura is launching a “Dutch auction” share buyback offer, with authorization to purchase up to $300 million in shares of common stock at $21.50-$24.50/share. The buyback...
http://www.chemweek.com/people_and_business/earnings_finance/Chemtura-launches-"Dutch-auction"-share-buyback_65031.html
October 31, 2014
Ube Industries reports no net profits for its fiscal first half ended 30 September, compared with a net profit of ¥6.6 billion ($59 million) in the year-ago period. Sales in the...
http://www.chemweek.com/people_and_business/earnings_finance/Ube-records-fall-in-sales_65027.html
October 31, 2014
ExxonMobil posted third-quarter chemical earnings of $1.2 billion, up 17% from same year-ago quarter quarter on stronger commodity margins. Margins increased earnings by $210 million...
http://www.chemweek.com/people_and_business/earnings_finance/ExxonMobil-Chemical-earnings-up-17-percent-on-flat-volume_65025.html
October 31, 2014
Sumitomo Chemical reports an 81.4% rise in net profits for its fiscal first half, ended 30 September 2014, compared with the year-ago period, to ¥22.58 billion ($203 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Sumitomo-Chemical-reports-huge-rise-in-profits_65018.html
October 31, 2014
Tosoh reports a 2.8% decrease in net profits for the company's fiscal first half ended 30 September 2014 compared with the year-ago period, to ¥13.7 billion ($123 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Tosoh-reports-fall-in-profits_65014.html
October 31, 2014
Specialty chemicals producer Elementis (London) in its interim management statement for the three months ended 30 September 2014 said it has demonstrated resilient performance in...
http://www.chemweek.com/people_and_business/earnings_finance/Elementis-reports-resilient-third-quarter-performance-in-challenging-conditions_65013.html
October 31, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits increased by 21.7% in its fiscal first half, ended 30 September, compared with the year-ago...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsubishi-Chemical-reports-rise-in-profits-sales_65012.html
October 31, 2014
Lonza, in its business update announcement for the third quarter, says that business performance in the specialty ingredients and the pharma and biotech segments remained on track. The...
http://www.chemweek.com/people_and_business/earnings_finance/Lonzas-business-performance-on-track-to-retain-wood-protection-business_65010.html
October 31, 2014
Sinopec’s chemicals segment reports an operating loss of 3.51 billion renminbi ($577 million) in the first nine months of 2014 compared with an operating loss of Rmb59 million in...
http://www.chemweek.com/people_and_business/earnings_finance/Sinopecs-chemicals-segment-nine-month-loss-widens_65009.html
October 30, 2014
Eastman Chemical’s third-quarter net earnings fell 31%, to $212 million, due to the one-time impact of restructuring changes, Operating earnings were $427 million, up 5.4% YOY on higher advanced materials and adhesives and plasticizers earnings. Eastman says it now expects full-year earnings to “approach $7/share,” toward the higher end of previous estimates....
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-earnings-fall-on-one-time-charges-full-year-outlook-remains-strong_65007.html
October 30, 2014
Methanex (Vancouver, BC) reports third-quarter income of $52 million, down 40% year-over-year (YOY) from $87 million. Sales totaled $730 million, down 4% YOY from $758 million. Adjusted earnings of 69 cents/share beat the analysts’ consensus estimate of 64 cents/share compiled by Thomson Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/Methanex-earnings-down-but-beat-estimates_64970.html
October 30, 2014
A July ethylene outage at the company’s Port Arthur, TX, facility took a large chunk out of Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) third-quarter earnings. Phillips 66 reports that its chemical segment, a 50% equity interest in CPChem, turned in earnings of $230 million for the third quarter, a 29% year-over-year (YOY) decline from $324 million....
http://www.chemweek.com/people_and_business/earnings_finance/CPChem-earnings-down-29-percent-on-Port-Arthur-outage_64958.html
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