IHS Chemical Week

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April 30, 2015
Synthomer (Harlow, UK) today issued a trading update for the first quarter ended 31 March 2015. Trading in the first quarter has been in line with the board's expectations at the time...
http://www.chemweek.com/people_and_business/earnings_finance/Synthomer-provides-trading-update-plans-nitrile-capacity-hike_69963.html
April 29, 2015
Ashland today reported fiscal second-quarter earnings from continuing operations of $95 million, or $1.39/share, compared with a loss of $61 million in the year-ago quarter. Sales...
http://www.chemweek.com/people_and_business/earnings_finance/Ashland-earnings-rise-on-higher-margins_69952.html
April 29, 2015
Ferro today reported first-quarter net income down 36% year-on-year (YOY), to $11.0 million, on net sales down 6.4%, to $262.8 million. Adjusted earnings, which exclude results in from...
http://www.chemweek.com/people_and_business/earnings_finance/Ferro-beats-estimates-despite-lower-sales_69951.html
April 29, 2015
Chemtura today reported first-quarter earnings of $21 million, more than double the year-ago quarter, on sales down 21% year-on-year (YOY), to $438 million. On a managed basis...
http://www.chemweek.com/people_and_business/earnings_finance/Chemtura-beats-estimates-on-lower-costs-higher-selling-prices_69949.html
April 29, 2015
IMCD (Rotterdam), a distributor of specialty chemicals, reports an 8% increase in gross profit in the first quarter compared with the corresponding period of last year, to €79...
http://www.chemweek.com/people_and_business/earnings_finance/Distributor-IMCD-reports-higher-profit-sales_69945.html
April 29, 2015
Sinopec’s chemicals segment reports an operating profit of 3.06 billion renminbi ($493.6 million) in the first quarter of 2015 compared with an operating loss of Rmb1.34 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Sinopecs-chemicals-segment-swings-to-profit-in-first-quarter_69931.html
April 29, 2015
Avery Dennison today reported first-quarter net income up 1% year-on-year (YOY), to $71.6 million, on sales down 1%, to $1.53 billion. Adjusted net income from continuing operations...
http://www.chemweek.com/people_and_business/earnings_finance/Avery-Dennison-beats-estimates-despite-lower-sales_69930.html
April 29, 2015
Dow Corning reports net income for the first quarter of $185 million, down 3.1% year-on-year (YOY) from $191 million. Sales totaled $1.36 billion, down 11% YOY. The declines reflect fewer polysilicon shipments to long-term contract customers, says J. Donald Sheets, the company’s executive v.p. and CFO. “These contracts have a degree of variability when customers take their product, and recent order patterns have resulted in customer orders being concentrated in the fourth quarter," he says....
http://www.chemweek.com/people_and_business/earnings_finance/Dow-Cornings-sales-and-earnings-down_69926.html
April 29, 2015
Praxair reports first-quarter net income $416 million, down 7.1% from the year-ago quarter because of currency impacts. Reported earnings of $1.43/share were down 5.2% year-on-year. Praxair has cut its full-year 2015 earnings forecast to $5.90–6.15/share, 5% lower at the midpoint compared with the company’s previous forecast, released in January.
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http://www.chemweek.com/people_and_business/earnings_finance/Praxair-earnings-fall-7-percent-on-currency-impact_69925.html
April 29, 2015
Freeport LNG Expansion (Freeport LNG) today announced that its subsidiary FLNG Liquefaction 3 has successfully closed the financing required for constructing the third train of its...
http://www.chemweek.com/people_and_business/earnings_finance/Freeport-LNG-closes-financing-starts-constructing-third-liquefaction-train_69923.html
April 29, 2015
DSM recorded a net loss of €70 million ($76.4 million) after exceptional items in the first quarter. Total exceptional items in the quarter amounted to €163 million before...
http://www.chemweek.com/people_and_business/earnings_finance/DSM-records-a-net-loss-on-impairment-charge_69920.html
April 29, 2015
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), says that net profits nearly doubled in the first quarter of 2015 compared with the year-ago quarter, to...
http://www.chemweek.com/people_and_business/earnings_finance/Siam-Cements-chemicals-business-reports-huge-rise-in-profits_69918.html
April 29, 2015
Clariant swung to a net profit in the first quarter, but Ebitda and sales growth were hindered by the sharp increase in the value of the Swiss currency starting in January, as well as...
http://www.chemweek.com/people_and_business/earnings_finance/Clariant-swings-to-a-net-profit-currency-volatility-weighs-on-Ebitda-sales-growth_69916.html
April 28, 2015
Stepan (Northfield, IL) reports net income of $21.3 million, up 63% year-on-year (YOY) from $13.0 million. Sales declined 3.5% YOY to $460.5 million. Earnings of 93 cts/share blew past the analysts’ consensus estimate of 57 cts/share. The company attributes the strong results to actions taken in 2014 to improve product mix, reduce cost, and improve efficiency. Slightly higher volumes and margins offset the impact of a stronger US dollar....
http://www.chemweek.com/people_and_business/earnings_finance/Stepan-income-up-63-percent-beats-estimates_69886.html
April 28, 2015
Total has announced that adjusted net income in the company's refining and chemicals business increased more than threefold in the first quarter compared with the year-earlier period...
http://www.chemweek.com/people_and_business/earnings_finance/Total-posts-big-increase-in-refining-chemicals-profit_69880.html
April 28, 2015
BP says that underlying replacement cost (RC) profit before interest and tax at the company's petrochemicals business soared in the first quarter to $17 million from $4 million in...
http://www.chemweek.com/people_and_business/earnings_finance/BPs-petchem-profit-soars-on-lower-costs_69879.html
April 28, 2015
A. Schulman is undertaking a public offering of $110 million worth of cumulative perpetual convertible special stock, to help fund the $800-million acquisition of plastics compounder...
http://www.chemweek.com/people_and_business/earnings_finance/A-Schulman-to-issue-special-stock-to-fund-Citadel-acquisition_69896.html
April 28, 2015
Olin reports first-quarter net income of $13.1 million, down 56% year-over-year (YOY) from $29.5 million. Sales fell 10% YOY to $518.0 million. The results included $10.4 million in costs related to the acquisition of Dow Chemical's chlor-alkali and downstream derivatives businesses, mark-to-market adjustments on stock-based compensation expense of $6.9 million, and pretax restructuring charges of $1.2 million....
http://www.chemweek.com/people_and_business/earnings_finance/Olin-earnings-down-56-percent-YOY_69888.html
April 28, 2015
Shin-Etsu Chemical reports net profits rose 13% for the fiscal year ended 31 March compared with the previous fiscal year, to ¥128.6 billion ($1.08 billion). Full-year sales...
http://www.chemweek.com/people_and_business/earnings_finance/Shin-Etsu-reports-rises-in-profits-and-sales_69877.html
April 28, 2015
Ecolab today reported net income up 22% year-on-year (YOY), to $233.4 million, on sales down 1%, to $3.30 billion. Adjusted earnings totaled 80 cts/share, up 8% YOY, but slightly short...
http://www.chemweek.com/people_and_business/earnings_finance/Ecolab-falls-slightly-short-of-estimates-cuts-guidance-on-currency_69892.html
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