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Archives :: People & Business :: Earnings/Finance
Displaying 121 - 140 of 3792 stories.
April 30, 2013
BP's petrochemicals business, including lubricants, delivered an underlying replacement cost (RC) profit before interest and taxes of $404 million in the first quarter of this year...http://www.chemweek.com/people_and_business/earnings_finance/BPs-first-quarter-petchem-profits-fall-7-5-percent_51590.html April 30, 2013
Wacker Chemie today reported a huge drop in net income and a 10% slide in sales in the first quarter of this year. Net income was down 87.8%, to €5.1 million ($6.7 million), while...http://www.chemweek.com/people_and_business/earnings_finance/Wacker-reports-huge-drop-in-net-income-and-10-percent-lower-sales-confirms-2013-outlook_51588.html April 30, 2013
Tokuyama (Tokyo) has reported a net loss of ¥37.9 billion ($388 million) for the fiscal year ended 31 March, compared with a net profit of ¥9.3 billion in the previous fiscal...http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-swings-to-loss_51586.html April 30, 2013
Clariant’s first-quarter net profit from continuing operations more than doubled to 38 million Swiss francs ($40.53 million) compared with SF16 million in the year-earlier...http://www.chemweek.com/people_and_business/earnings_finance/Clariant-more-than-doubles-net-profit-on-flat-sales-confirms-2015-targets_51585.html April 29, 2013
Chemical distributor Biesterfeld Group (Hamburg) says its operating profits increased 5%, to €29.7 million ($38.9 million), in 2012. The company says its 2012 sales rose to...http://www.chemweek.com/people_and_business/earnings_finance/Distributor-Biesterfeld-posts-higher-earnings-and-sales_51581.html April 29, 2013
Vopak has reported a 1% decrease in first-quarter operating profit, excluding exceptional items, to €138.4 million ($181.2 million), compared with the first quarter of last year...http://www.chemweek.com/people_and_business/earnings_finance/Vopaks-operating-profit-slips-in-the-first-quarter_51567.html April 29, 2013
MACROECONOMIC STATUS Our running tab of positive indicators rose by one to 15 out of 20 this week. Thus, we continue to post a green banner. Existing home sales down 0.6%; up 10.3%...http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-26-April-2013_51565.html April 29, 2013
Late winter snow helped sales and earnings for Compass Minerals, which reported several increases today in its first-quarter results. Net income grew 16% year-on-year (YOY), to $46.6...http://www.chemweek.com/people_and_business/earnings_finance/Compass-Minerals-reports-sales-surge-due-to-late-winter-snow_51561.html April 29, 2013
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, recorded a 28.5% rise in operating profits for the first quarter of 2013 compared with the...http://www.chemweek.com/people_and_business/earnings_finance/SK-Global-Chemical-reports-rise-in-quarterly-profits_51517.html April 29, 2013
Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The...http://www.chemweek.com/people_and_business/earnings_finance/Pemexs-petchem-production-volume-falls-7-1-percent-during-the-first-quarter_51558.html April 29, 2013
Sinopec’s chemicals segment posted an 87.4% fall in operating profits in the first quarter of 2013, to 164 million renminbi ($26.6 million), compared with the year-ago quarter...http://www.chemweek.com/people_and_business/earnings_finance/Sinopecs-chemicals-segment-reports-huge-fall-in-profits_51544.html April 26, 2013
Brazil has proposed a set of tax cuts to boost its petrochemical and ethanol sectors, according to a statement from the Finance Ministry (Brasilia) issued on 24 April. One of the...http://www.chemweek.com/people_and_business/earnings_finance/Brazil-cuts-taxes-to-support-petchem-and-ethanol-makers_51495.html April 26, 2013
The country’s spirits have been lifted since Prime Minister Shinzo Abe, who returned to office in December, launched aggressive fiscal and monetary stimulus to reverse nearly 20 years of deflation and flat economic growth....http://www.chemweek.com/people_and_business/earnings_finance/Japan-hopes-for-recovery_51494.html April 26, 2013
Specialty chemical makers generally posted earnings declines as economic weakness dragged down results. Coatings makers were an exception, as the rebound in the North American...http://www.chemweek.com/people_and_business/earnings_finance/Specialty-earnings-mostly-down-on-soft-economy_51488.html April 26, 2013
Jana Partners (New York), an activist investor that agitated for the breakup of Agrium last fall, has purchased a 7.4% stake in Ashland, according to a regulatory filing. While Jana...http://www.chemweek.com/people_and_business/earnings_finance/Activist-investor-buys-Ashland-stake_51487.html April 26, 2013
Coatings makers are mostly optimistic about the industry’s outlook as the North American construction market rebounds and the industrial coatings markets experience solid growth...http://www.chemweek.com/people_and_business/earnings_finance/Housing-rebound-cost-stability-are-boons-for-paint-makers_51466.html April 26, 2013
K+S has raised the planned capital expenditure for its potash project near Moose Jaw, SK, by roughly a third, to C$4.1 billion ($3.9 billion), reflecting higher costs for...http://www.chemweek.com/people_and_business/earnings_finance/K+S-increases-budget-for-Canadian-potash-project_51464.html April 26, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant at Corpus Christi, TX, the company announced 16 April....http://www.chemweek.com/people_and_business/earnings_finance/Alpek-licenses-PTA-to-M-and-G-pays-$350M-for-PET-offtake_51462.html April 26, 2013
Reliance Industries says that net profits for the company’s fiscal fourth quarter, ended 31 March, increased 31.9% compared with the same period of the previous year, to about...http://www.chemweek.com/people_and_business/earnings_finance/Reliance-Industries-reports-rise-in-quarterly-profits_51429.html April 26, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts....http://www.chemweek.com/people_and_business/earnings_finance/Sabic-restructures-in-Europe-cuts-more-than-1000-jobs-_51426.html |
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