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May 2, 2013
Eastman Chemical announced first-quarter operating earnings of $393 million, an increase of 48.9% from the year-ago quarter on lower raw materials and higher sales of interlayers in...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-posts-first-quarter-profit-gains_51516.html
May 2, 2013
OM Group today reported a fourth-quarter net loss of $109.7 million, compared with a profit of $11.9 million in the year-ago quarter. The loss was mostly due to a $112 million non-cash...
http://www.chemweek.com/people_and_business/earnings_finance/OM-Group-beats-estimates-despite-sales-decline_51688.html
May 2, 2013
Weather-related delays in the spring planting and potash application season resulted in a drop in earnings and sales for Intrepid Potash (Denver, CO) in its first quarter 2013...
http://www.chemweek.com/people_and_business/earnings_finance/Intrepid-Potash-reports-earnings-drop-on-weather-delays_51656.html
May 2, 2013
Shell's chemicals earnings were up 13% year-over-year during the first quarter to €555 million ($731.7 million) on a current cost of supply basis, the company announced today...
http://www.chemweek.com/people_and_business/earnings_finance/Shells-earnings-from-petchem-activities-up-over-13-percent_51668.html
May 2, 2013
Phillips 66’s chemical segment, comprising a 50% interest in Chevron Phillips Chemical Company (CPChem), contributed first-quarter adjusted earnings of $282 million, a 30%...
http://www.chemweek.com/people_and_business/earnings_finance/Phillips-66-chemical-earnings-up-30-percent-on-olefins-and-polyolefins_51638.html
May 2, 2013
Airgas reported its fiscal fourth quarter and full year earnings today—with net earnings for the quarter down slightly, and a modest gain in sales, citing the impact of continued...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-reports-modest-growth-on-uncertain-economic-environment_51670.html
May 2, 2013
PolyOne today reported first-quarter net income from continuing operations down 26.8% year-on-year (YOY), to $11.2 million, on sales up 7.5%, to $801.1 million. Adjusted earnings...
http://www.chemweek.com/people_and_business/earnings_finance/PolyOne-net-income-declines-but-adjusted-earnings-beat-estimates_51658.html
May 2, 2013
DSM's core net profit fell 13.4%, to €129 million ($170 million) during the first quarter of 2013, compared with the same period last year when it stood at €149 million, the...
http://www.chemweek.com/people_and_business/earnings_finance/DSMs-net-profit-falls-13-percent-in-the-first-quarter-as-performance-materials-sales-decline_51661.html
May 2, 2013
The petrochemical business segment of Idemitsu Kosan reported a 34% rise in operating profits for the fiscal year ended 31 March 2013, compared with the previous fiscal year, to...
http://www.chemweek.com/people_and_business/earnings_finance/Idemitsu-Kosans-petrochemical-business-reports-rise-in-profits-and-sales_51659.html
May 1, 2013
Dow Corning, a 50-50 joint venture between Dow Chemical and Corning and the majority shareholder in leading polysilicon producer Hemlock Semiconductor, says sales and earnings fell in...
http://www.chemweek.com/people_and_business/earnings_finance/Solar-shakeout-continues-to-impact-Dow-Corning-results_51637.html
May 1, 2013
Private equity firm Arsenal Capital (New York) announced it has acquired Arnco (South Gate, CA), one of the world’s largest suppliers of polyurethane (PU) products...
http://www.chemweek.com/people_and_business/earnings_finance/Arsenal-Capital-acquires-polyurethane-supplier-Arnco_51635.html
May 1, 2013
Private equity firm SK Capital Partners (New York) has closed its $200-million acquisition of Chemtura’s antioxidants and ultraviolet stabilizers business, which was announced in...
http://www.chemweek.com/people_and_business/earnings_finance/SK-Capital-completes-Chemtura-antioxidant-and-UV-stabilizers-acquisition_51634.html
May 1, 2013
BASF India (Mumbai), a BASF subsidiary, reports a 66.7% rise in net profits for the company’s fourth quarter, ended 31 March, compared with the year-ago quarter, to 133.1 million...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-India-reports-rise-in-profits-and-sales_51631.html
May 1, 2013
Cabot (Boston) reported net income of $27 million for the quarter ended 31 March, down 89% from the year-ago quarter, which included a one-time gain of $190 million from the sale of...
http://www.chemweek.com/people_and_business/earnings_finance/Cabot-earnings-fall-on-Japan-outage-miss-estimates_51623.html
May 1, 2013
Leading specialty chemicals distributor Azelis (Antwerp) says it has secured a refinancing package. The company's financing has been extended for 3 years at market interest rates...
http://www.chemweek.com/people_and_business/earnings_finance/Distributor-Azelis-secures-refinancing-deal_51617.html
April 30, 2013
CF Industries announced it has closed on its previously announced acquisition of Canadian Fertilizers Limited (CFL) for C$910 million ($903 million) in cash. CFL owns the largest...
http://www.chemweek.com/people_and_business/earnings_finance/CF-Industries-closes-Canadian-Fertilizers-acquisition_51621.html
April 30, 2013
FMC today reported first-quarter net income up 10% year-on-year (YOY), to $130.9 million, on sales up 5%, to $990.2 million. Excluding special charges, adjusted earnings totaled...
http://www.chemweek.com/people_and_business/earnings_finance/FMC-earnings-rise-on-solid-ag-biopolymers-results_51618.html
April 30, 2013
Rockwood Holdings reports net income of $18.9 million, down 75% from the year-ago quarter because of lower margins in titanium dioxide (TiO2) as well as charges related to...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-earnings-fall-on-weak-titanium-dioxide_51606.html
April 30, 2013
Huntsman on Tuesday reported a net loss of $24 million due mainly to a charge related to early repayment of debt compared with net income of $163 million in the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-first-quarter-adjusted-earnings-fall-75-percent_51605.html
April 30, 2013
Stepan (Northfield, IL) reports a drop in earnings and sales for the first quarter 2013. The company's net income of $19 million decreased 15% year-on-year (YOY) because of...
http://www.chemweek.com/people_and_business/earnings_finance/Stepan-reports-drop-in-earnings-on-low-volumes_51601.html
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