IHS Chemical Week

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October 22, 2015
Cytec today reported third-quarter net earnings up 11% year-on-year (YOY), to $59.5 million, on sales down 2%, to $497 million. Excluding special items, third-quarter net earnings from...
October 22, 2015
Unipetrol (Prague), a subsidiary of PKN Orlen (Plock, Poland) has recorded an operational profit of 3.0 billion Czech kronor and a net profit of CzK1.6 billion in the third quarter...
October 22, 2015
Sensient Technologies (Milwaukee) has reported sales of $344.5 million in the third quarter compared with sales of $364.5 million in the corresponding quarter of 2014, a decline of...
October 22, 2015
3M today reported third-quarter net income that was roughly flat year-on-year (YOY), at $1.30 billion, on sales down 5.3%, to $7.71 billion. Earnings totaled $2.05/share, beating...
October 22, 2015
Sherwin-Williams (SW) says it has named John Morikis as its next CEO, effective 1 January 2016. Morikis replaces Christopher Connor, who has been CEO for 16 years and will remain...
October 22, 2015
W.R. Grace reports an 81.2% year-on-year (YOY) decline in third-quarter net income, to $14.1 million, on lower volumes and unfavorable currency translation in its catalyst and...
October 22, 2015
Novozymes (Bagsværd, Denmark) has announced that its net profit in the third quarter rose by 17% year-on-year (YOY), to 743 million Danish kroner ($113.1 million). Ebitda was up...
October 22, 2015
AkzoNobel posted a 39% increase in third-quarter net income, compared with the corresponding period of last year, to €285 million, on sales up 2%, to €3.76 billion. Sales...
October 21, 2015
Sumitomo Chemical on Wednesday announced a revised financial forecast for the half-year ended 30 September 2015 with profits expected to exceed original estimates and sales falling...
October 21, 2015
Mexichem (Tlalnepantla, Mexico) reports $54 million in net income during the third quarter, up 2% year-on-year (YOY). Ebitda was up 13% YOY, to $234 million, benefiting from the...
October 21, 2015
Stepan reports net income increased 84.7% year-on-year (YOY), to $24.9 million, for its fiscal third quarter, as surfactants operating income nearly doubled YOY. Sales were down 9.6%...
October 21, 2015
Yara International (Oslo) on Wednesday reported a large increase in third-quarter profits and revenue, mainly driven by the stronger US dollar and higher sales volumes as a result of...
October 21, 2015
Petro Rabigh (Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, on Wednesday announced major third-quarter losses. The company incurred a net loss of...
October 20, 2015
A. Schulman today reported fiscal fourth-quarter net income of $21.8 million, up 43.4% year-on-year (YOY), on net sales up 7.4%, to $674.0 million. Adjusted earnings totaled 64...
October 20, 2015
Composite materials supplier Gurit (Zurich) has reported sales of 269.2 million Swiss francs ($281.9 million) in the first nine months of 2014 compared with sales of SF250.7 million in...
October 20, 2015
Sadara, a joint venture between Saudi Aramco and Dow Chemical and currently starting up its $20-million complex at Al Jubail, reports increased losses in the third quarter and the...
October 20, 2015
Saudi International Petrochemical Co. (Sipchem) reports a major drop in third-quarter profits, citing lower selling prices for all of its products, which lowered margins. Net profit in...
October 19, 2015
Celanese (Dallas) reports third-quarter earnings of $151 million, down 40% year-over-year (YOY), on sales of $1.4 billion, down 20% YOY. Adjusted earnings per share of $1.50 were well ahead of the analysts’ consensus estimate of $1.37, as compiled by Thomson Reuters (New York)....
October 19, 2015
Azelis Group, a major, Europe-based specialties distributor, has agreed to acquire Koda Distribution to expand its presence in North America. Koda will be renamed Azelis Americas and...
October 19, 2015
Several Saudi firms have reported third-quarter results, with Tasnee and Nama Chemicals losing substantially, while Saudi Arabian Fertilizers Co., (Safco), a Sabic affiliate, reports...
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