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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
July 23, 2014
PKN Orlen (PÅ‚ock, Poland) today announced its strategy for 2014–2017, which reflects the present macroeconomic conditions. The company will focus on securing a strong position...
http://www.chemweek.com/people_and_business/earnings_finance/PKN-Orlen-unveils-strategy-may-close-money-losing-Lithuania-refinery_62654.html
July 22, 2014
DuPont reports net income of $1.1 billion, up 0.4% year-on-year (YOY). Consolidated net sales were $9.7 billion, down 1% YOY. Reported operating earnings were $1.17/share, in line with DuPont’s 26 June earnings warning and down 9% YOY. DuPont has also announced a 4.0% dividend increase....
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-posts-flat-earnings_62637.html
July 22, 2014
Kemira today reported its second-quarter results, with net profit down to €1.8 million ($2.4 million) from €3.7 million in the year-earlier quarter. Revenues decreased 9%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Kemira-reports-lower-profits-and-revenues-looking-for-acquisitions_62633.html
July 22, 2014
Wacker Chemie said today that it has upgraded its annual Ebitda projection. Ebitda for 2014 is now projected to be at least one-third higher than last year’s €678.7 million...
http://www.chemweek.com/people_and_business/earnings_finance/Wacker-upgrades-annual-earnings-forecast-on-restructured-polysilicon-contracts_62631.html
July 22, 2014
Croda today reported lower second-quarter sales and earnings on weak consumer demand in Europe. Sales were down 5.8%, to £263.4 million ($449.6 million), while adjusted operating...
http://www.chemweek.com/people_and_business/earnings_finance/Crodas-sales-and-earnings-down-unlikely-to-match-last-years-pretax-profit_62628.html
July 21, 2014
PolyOne today reported net income from continuing operations of $30.9 million, or 33 cts/share, down 24.9% year-on-year (YOY), on net sales down 2.9%, to $1.01 billion. Adjusted...
http://www.chemweek.com/people_and_business/earnings_finance/PolyOne-earnings-rise-beat-estimates-on-improving-margins_62625.html
July 21, 2014
Sabic today reported second-quarter net profit increased 7%, to 6.46 billion Saudi riyals ($1.72 billion), with operating profit rising 1%, to SR10.07 billion. Sales were up 7% to...
http://www.chemweek.com/people_and_business/earnings_finance/Sabic-reports-higher-sales-and-profit-says-US-shale-unlikely-to-make-impact-for-some-time_62602.html
July 21, 2014
Reliance Industries’ consolidated net profit in the first quarter of fiscal 2015 rose 13.7%, to 59.6 billion Indian rupees ($1.00 billion), compared with the year-earlier period...
http://www.chemweek.com/people_and_business/earnings_finance/Reliance-reports-higher-sales-and-earnings-polyesters-impact-petchems-margin_62600.html
July 21, 2014
Westlake Chemical Partners (Houston) announced on 21 July the start of its initial public offering of 11.25 million common units, which are to be listed on the New York Stock Exchange as WLKP. The company, a master limited partnership established to operate the ethylene production facilities of Westlake Chemical (Westlake; Houston), aims to be priced at $19–21/unit, about $225 million in total....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-launches-$225-million-IPO-of-ethylene-MLP_62611.html
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