IHS Chemical Week

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October 27, 2015
Huntsman has entered into an accelerated share repurchase agreement with Citibank to repurchase $100 million of its common stock. The transaction is expected to be completed early in the first quarter of 2016, Huntsman says....
October 27, 2015
Compass Minerals reports third-quarter net income of $27 million, down 69% year-over-year (YOY), on sales of $233 million, up 3% YOY. Adjusted earnings dropped 1% YOY to 80 cts/share, short of the analysts’ consensus estimate of 83 cts/share as compiled by Thomson Reuters (New York). The company has narrowed its full-year earnings guidance to $5.20-5.50/share, versus $5.10-5.60/share....
October 27, 2015
DuPont results continue to be battered by currency headwinds, slumping agricultural markets, and weakness in emerging markets and oil and gas. Cost cuts, however, helped the company...
October 27, 2015
NewMarket (Richmond, VA) reports third-quarter net income of $62 million, up 9% year-over-year (YOY), on revenues of $536 million, down 9% YOY. Adjusted earnings of $5.25/share were well ahead of the analysts’ consensus estimate of $4.54/share....
October 27, 2015
PolyOne has reported net income up 36% year-on-year (YOY), to $44.5 million, or 50 cts/share, on sales down 12%, to $841.6 million. Adjusted earnings rose 10% YOY, to 54 cts/share...
October 27, 2015
Airgas reports  net income of $98 million for the quarter ended 30 September, down 0.2% year-on-year (YOY), citing challenges in the energy and chemical and manufacturing and...
October 27, 2015
Tessenderlo Group reports 24% higher recurring Ebitda (Rebitda) for the third quarter compared with the corresponding period of last year on a comparable basis, to €39.2 million...
October 27, 2015
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 8.4% fall in operating profits for the third quarter of 2015 compared with the...
October 27, 2015
BP's petrochemicals business posted a 47% drop in underlying replacement-cost profit before interest and tax in the third quarter compared with the corresponding period of last year...
October 27, 2015
Huntsman reports net income of $55 million for the third quarter, down 71% year-over-year (YOY), on revenues of $2.638 billion, down 9% YOY. Adjusted earnings of 47 cts/share, beating the analysts’ consensus estimate of 41 cts/share as compiled by Thomson Reuters (New York). Sales and earnings declined in all segments, mainly on currency effects, but also lower volumes in advanced materials, textile effects, and pigments & additives....
October 27, 2015
Air Liquide's revenue during the third quarter totaled €4.1 billion ($4.52 billion), up 4.6% year-on-year (YOY) on a comparable basis, the company says. The figures exclude...
October 27, 2015
Shin-Etsu Chemical reports 13% higher net profits for the fiscal first half, ended 30 September, compared with the year-ago period, to ¥76.6 billion ($636.8 million). First-half...
October 27, 2015
Covestro (Leverkusen), formerly Bayer MaterialScience, on Tuesday reported higher earnings on lower sales and stable volumes at declining selling prices. Covestro, in its first report...
October 27, 2015
BASF on Tuesday reported 10% lower third-quarter Ebit before special items, €1.6 billion ($1.77 billion) on 5% lower sales, at €17.4 billion, in what the company describes as...
October 27, 2015
Platform Specialty Products (West Palm Beach, FL) says that Daniel Leever, its president, vice chairman, and CEO, will retire as soon as “a suitable successor has been...
October 26, 2015
Kemira (Helsinki) has announced sales of €625.1 million ($704.2 million) in the third quarter of 2015 compared with sales of €541.5 million in third-quarter 2014, an increase...
October 23, 2015
LyondellBasell Industries reports third-quarter net income of $1.186 billion, down 6% year-over-year (YOY), on sales of $8.334 billion, down 31% YOY. Adjusted earnings of $2.80/share were well ahead of the mean analysts’ estimate of $2.57, as compiled by Thomson Reuters (New York). Analysts attributed the beat to higher ethylene margins resulting from lower ethylene costs....
October 23, 2015
Minerals Technologies (MTI) has reported third-quarter net income down 21% year-on-year (YOY), to $29.2 million, on net sales down 17%, to $451.0 million. Results were hit by the...
October 23, 2015
Private equity firm Edgewater Capital (Cleveland) says it is acquiring ChemQuest (Pasadena, TX), a blender and distributor in the oilfield, ag, and industrial chemicals sectors, for an...
October 23, 2015
PhosAgro (Moscow) on Friday reported its fertilizer production and sales results covering the first nine months to 30 September 2015. The company’s production rose 9.7% to 5.034...
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