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July 31, 2015
Ube Industries reports net profits of ¥6.3 billion ($50.8 million) for its fiscal first quarter ended 30 June 2015, compared with a net loss of ¥1.1 billion in the year-ago...
http://www.chemweek.com/people_and_business/earnings_finance/Ube-swings-to-profit_72649.html
July 31, 2015
Olin reports second-quarter net income of $42 million, up 16% year-over-year (YOY), on sales of $535 million, down 6% YOY on lower chlor-alkali volumes and turnaround costs. Earnings per share of 55 cts easily beat analysts’ consensus estimate of 30 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Olins-earnings-beat-estimates_72628.html
July 30, 2015
Quaker Chemical today announced second-quarter net income down 2.6% year-on-year (YOY), to $15.0 million, or $1.13/share, on sales down 4.0%, to $183.7 million. Volumes were up by 4%...
http://www.chemweek.com/people_and_business/earnings_finance/Quaker-Chemical-earnings-fall_72624.html
July 30, 2015
Repsol's (Madrid) petrochemical sales volumes increased marginally during the second quarter, to 683,000 m.t., the company says. Repsol does not disclose the net profit generated by...
http://www.chemweek.com/people_and_business/earnings_finance/Repsols-petchem-volumes-inch-up-downstream-activities-offset-upstream-weakness_72569.html
July 30, 2015
Kraton Performance Polymers says that a cluster of operational issues took a big bite out of second-quarter earnings. The company reports a net loss for the quarter of $5.6 million, swinging year-over-year (YOY) from a net profit of $11.1 million. Sales totaled $255.9 million, down 21% YOY from $323.8 million, mainly on lower prices, but also on reduced volume. Adjusted earnings per share of 2 cts fell well short of analysts’ consensus estimate of 41 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Kraton-misses-estimates-on-production-issues-reports-loss-of-$5-6-million_72568.html
July 30, 2015
Occidental Petroleum (Houston) says that its chemical business, OxyChem, turned in pretax core earnings for the second quarter of $136 million, up 2% from $133 million in the second quarter of 2014. Chemical revenues totaled $1.03 billion, down 17% year-on-year from $1.242 billion....
http://www.chemweek.com/people_and_business/earnings_finance/Oxy-earnings-up_72565.html
July 30, 2015
Air Products today reported fiscal third-quarter net income up 2% year-on-year (YOY), to $318.8 million, or $1.47/share, on sales down 6%, to $2.47 billion. Excluding restructuring and...
http://www.chemweek.com/people_and_business/earnings_finance/Air-Products-earnings-beat-estimates-despite-sales-decline_72564.html
July 30, 2015
Methanex posted net income attributed to shareholders of $104 million, down 17% year-on-year (YOY). Revenue of $638 million was down 19% YOY. Reported adjusted earnings of 56 cts/share...
http://www.chemweek.com/people_and_business/earnings_finance/Methanex-earnings-miss-estimates-on-production-shortfalls_72563.html
July 30, 2015
Energy and chemicals major ENI (Rome) on Thursday said that Versalis (Milan), its chemicals business, is benefiting from the turnaround programs and business restructuring carried out...
http://www.chemweek.com/people_and_business/earnings_finance/Versalis-swings-to-profit-benefits-from-shutdowns-Porto-Marghera-restart_72544.html
July 30, 2015
Air Liquide reported €4.12 billion ($4.55 billion) in revenues for the second quarter, up 3.4% year-on-year (YOY) on a comparable basis, driven by higher sales across all...
http://www.chemweek.com/people_and_business/earnings_finance/Air-Liquides-quarter-two-revenue-up-driven-by-growth-in-emerging-markets_72556.html
July 30, 2015
PhosAgro (Moscow) on Thursday reported a 9.7% increase in production and sales of fertilizers in the first six months of this year, with both reaching 3.4 million m.t. Production...
http://www.chemweek.com/people_and_business/earnings_finance/PhosAgro-raises-fertilizer-output-in-first-six-months_72559.html
July 30, 2015
Clariant says that its second-quarter net income dropped to 56 million Swiss francs in the second quarter from SF74 million in the corresponding period of last year. Ebitda before...
http://www.chemweek.com/people_and_business/earnings_finance/Strong-Swiss-franc-weighs-on-Clariants-second-quarter-results-earnings-soar-in-local-currencies_72555.html
July 30, 2015
The active pharmaceutical ingredient (API) business of Teva Pharmaceutical Industries (PetaŠł• Tiqwa, Israel) reports a 1% rise in sales in the second quarter of 2015 compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/Tevas-API-business-reports-slight-increase-in-second-quarter-sales_72558.html
July 30, 2015
Cambrex (East Rutherford, NJ) reports net profits of $19.66 million for the second quarter of 2015, which is unchanged compared with the second quarter of 2014. Second-quarter sales...
http://www.chemweek.com/people_and_business/earnings_finance/Cambrex-reports-flat-profits_72554.html
July 30, 2015
Methanol Chemicals Co. (Chemanol) reported a second-quarter net loss of 21.41 million Saudi riyals ($5.7 million) compared with a net profit of SR15.86 million in the year-earlier...
http://www.chemweek.com/people_and_business/earnings_finance/Saudi-methanol-producer-swings-to-loss-on-price-decline_72550.html
July 29, 2015
Ashland today reported fiscal third-quarter net income of $107 million, or $1.56/share, up 8.1% year-on-year (YOY), on sales down 14.9%, to $1.37 billion. Adjusted earnings from...
http://www.chemweek.com/people_and_business/earnings_finance/Ashland-earnings-rise-despite-lower-sales_72542.html
July 29, 2015
Chemtura posted second-quarter net income of $18 million, down 58% from the same year-ago quarter due mainly to the sale of its agrochemicals business. Net sales were $454 million, down 24%. The company says its core segments, which exclude agrochemical manufacturing, posted a strong quarter with adjusted Ebitda of $60 million, up 13% YOY....
http://www.chemweek.com/people_and_business/earnings_finance/Chemtura-earnings-fall-on-sale-of-agchems_72539.html
July 29, 2015
Ferro today reported second-quarter net income down 34.0% year-on-year (YOY), to $6.6 million, on sales down 8.8%, to $268.2 million. Net income was impacted by restructuring charges...
http://www.chemweek.com/people_and_business/earnings_finance/Ferro-falls-short-of-estimates-cuts-guidance_72541.html
July 29, 2015
Huntsman reports net income of $29 million for the second quarter, down 76% year-on-year (YOY). Sales totaled $2.74 billion, down 8.2% YOY from $2.99 billion on lower selling prices and sales volume as well as currency effects. Adjusted earnings of 63 cts/share increased 6.8% YOY and beat analysts’ consensus estimate of 55 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-earnings-beats-consensus-despite-lower-prices-volume_72517.html
July 29, 2015
Adjusted net operating income of Total's refining and chemicals business increased threefold in the second quarter of 2015 compared with the corresponding period of last year, to $1.35...
http://www.chemweek.com/people_and_business/earnings_finance/Totals-refining-and-chemical-profits-leap-on-higher-margins_72512.html
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