IHS Chemical Week

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July 25, 2014
Dow Chemical's second-quarter results beat estimates as margins improved in its performance plastics segment and sales increased across all of the company's business segments. Dow...
http://www.chemweek.com/people_and_business/earnings_finance/Dow-beats-estimates_62660.html
July 25, 2014
BASF today reported a 12.3% increase in second-quarter net income, to €1.3 billion ($1.7 billion), on 0.6% higher sales, €18.5 billion. Ebitda was up 9.0%, to €2.7...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-reports-higher-earnings-on-flat-sales-confirms-outlook_62685.html
July 25, 2014
LyondellBasell Industries reports record earnings for the second quarter of $2.22/share, well above the analysts’ consensus estimate of $1.92/share as reported by Thomson Reuters (New York). Gains were broadly distributed across the business....
http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-reports-record-quarter-as-net-income-increases-27-percent_62721.html
July 25, 2014
Sensient Technologies (Milwaukee) says that net income for the quarter fell 10% year-on-year (YOY) because of $13 million in restructuring costs. The company says that adjusted operating income increased by 11%, to$61.2 million. Sales were down 1% YOY, to $374.7 million. Reported adjusted earnings 81 cts/share rose 10% YOY and were above analyst estimates of 79 cts/share, according to Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Sensient-earnings-drop-on-restructuring-charges_62719.html
July 25, 2014
Mexichem has reported a 52% decrease in second-quarter net earnings, $50 million, hurt by foreign exchange and higher amortization following acquisitions. Net income from continuing...
http://www.chemweek.com/people_and_business/earnings_finance/Mexichem-reports-lower-earnings-to-benefit-from-antidumping-ruling-against-Chinese-refrigerant-gas-producers_62716.html
July 25, 2014
Olin (Clayton, MO) reports a 16% year-over-year (YOY) decline in second-quarter income, the result of weak results in the chlor-alkali segment. Sales declined across the board. However, earnings of 46 cts/share beat the analysts’ consensus estimate of 45 cts/share, as reported by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Olin-earnings-down-on-weak-chlor-alkali_62710.html
July 24, 2014
A rally in Dow Chemical’s share price, helped by yesterday’s strong second-quarter earnings report, has put the company in a position to convert $4 billion in preferred...
http://www.chemweek.com/people_and_business/earnings_finance/Dow-share-gains-could-allow-it-to-retire-expensive-preferred-shares_62701.html
July 24, 2014
3M (St. Paul, MN) reports second-quarter net sales of $8.1 billion, up 5% year-on-year (YOY) on strong organic growth across all segments. Net income increased 6% YOY, to $1.3 billion. Earnings per share of $1.91 equal the analysts’ consensus estimate as reported by Thomson Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/3M-second-quarter-net-income-up-6-percent-YOY-on-broad-organic-growth_62696.html
July 24, 2014
Airgas today reported fiscal first-quarter 2015 net earnings of $88.9 million, up 5% year-on-year (YOY), on sales up 3% YOY, to $1.3 billion. Sales growth can be attributed to...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-earnings-up-5-percent_62695.html
July 24, 2014
PotashCorp reported its second quarter results today—showing strong segment results, though, overall trailing behind the same quarter 2013. Net income dropped 26% YOY, to $472...
http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-earnings-down-YOY-but-above-guidance_62697.html
July 24, 2014
Shin-Etsu today reported its financial results for the first fiscal quarter, ended 30 June. Consolidated net income was up 2.8%, to ¥32.9 billion ($324.1 million), on 8.7% higher...
http://www.chemweek.com/people_and_business/earnings_finance/Shin-Etsu-reports-higher-sales-and-earnings_62690.html
July 24, 2014
Lonza recorded net profits of 140 million Swiss francs ($155 million) for the first half of 2014 compared with profits of SF41 million in the first half of 2013. Sales for the first...
http://www.chemweek.com/people_and_business/earnings_finance/Lonza-reports-huge-rise-in-profits_62691.html
July 23, 2014
Air Products chairman and CEO Seifi Ghasemi, who took the helm of the company on 1 July, says that a focus cash generation and improved capital allocation will drive company strategy....
http://www.chemweek.com/people_and_business/earnings_finance/New-Air-Products-CEO-says-emphasis-on-cash-and-capital-allocation-to-guide-strategy_62682.html
July 23, 2014
Johnson Matthey says it made progress in the first quarter of 2014/15, covering 1 April–30 June, in the face of headwinds from the effect of foreign currency translation and the...
http://www.chemweek.com/people_and_business/earnings_finance/Johnson-Matthey-reports-lower-profits-flat-sales_62652.html
July 23, 2014
Syngenta’s net income including restructuring and impairment was $1.4 billion, 1% lower in the first six months of this year, on sales up 1%, to $8.5 billion, the company...
http://www.chemweek.com/people_and_business/earnings_finance/Syngentas-first-half-growth-held-back-by-North-America-outlook-confirmed_62650.html
July 23, 2014
W.R. Grace reports second-quarter net income of $136.7 million, 50.6% higher year-on-year (YOY), on higher sales volumes and acquisitions. Adjusted earnings were flat YOY at...
http://www.chemweek.com/people_and_business/earnings_finance/Higher-volumes-Unipol-acquisition-bolster-W-R-Grace-results_62676.html
July 23, 2014
AkzoNobel today reported higher second-quarter profits and confirmed its outlook for 2015. Net income was up 11%, to €205 million ($276 million), with Ebitda advancing 7%, to...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-reports-higher-second-quarter-profits-confirms-outlook_62649.html
July 23, 2014
Praxair posted second net income of $467 million, up 5% year-over year (YOY). Reported earnings of $1.58/share were up 5% YOY but 1 ct below analyst estimates as reported by...
http://www.chemweek.com/people_and_business/earnings_finance/Praxair-net-income-up-5-percent_62664.html
July 23, 2014
Stepan today reported second-quarter net income up 7% year-on-year (YOY), to $24.4 million, on net sales up 6%, to $504.1 million. Excluding deferred compensation, earnings totaled 90...
http://www.chemweek.com/people_and_business/earnings_finance/Stepan-earnings-rise-but-fall-short-of-estimates_62665.html
July 23, 2014
Air Products reported net income of $314 million for the quarter ended 30 June, up 9% from the prior-year quarter. Revenues were up 3% year-over-year (YOY), to $2.6...
http://www.chemweek.com/people_and_business/earnings_finance/Air-Products-net-income-up-9-percent_62663.html
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