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February 14, 2014
Private-equity backed PQ Corp. today filed for an initial public offering (IPO) that could be worth up $450 million, according to US regulatory documents. The company, a maker of...
http://www.chemweek.com/people_and_business/earnings_finance/PQ-files-for-IPO_58758.html
February 14, 2014
A percentage of Rentech Inc. shareholders, partially made up of investment firm members Engaged Capital and Lone Star Value Management calling themselves Concerned Rentech Shareholders...
http://www.chemweek.com/people_and_business/earnings_finance/Rentech-shareholders-urge-changes-reiterate-director-nominations_58815.html
February 14, 2014
Paints maker Jotun (Sandefjord, Norway) today reported a full-year 2013 operating profit of 1.26 billion Norwegian kroner ($206.5 million), a 12% increase compared with 2012...
http://www.chemweek.com/people_and_business/earnings_finance/Jotun-reports-higher-profits-marine-coatings-are-down_58820.html
February 14, 2014
DIC (Tokyo) reports a 51.6% rise in net profits for its full fiscal year, ended 31 December 2013, compared with the previous fiscal year, to ¥26.8 billion ($263 million). Full-year...
http://www.chemweek.com/people_and_business/earnings_finance/DIC-reports-rise-in-profits_58818.html
February 14, 2014
Alpek, a subsidiary of Alfa (San Pedro Garza García, Mexico), posted net losses of $1 million for the last quarter of 2013, according to the group's results released this week...
http://www.chemweek.com/people_and_business/earnings_finance/Alpek-swings-to-a-net-loss-in-fourth-quarter_58824.html
February 13, 2014
Braskem's consolidated net profit was 15 million reais ($6.22 million) in the last quarter of 2013, down 95% from the fourth quarter of the year before, when net profit amounted to...
http://www.chemweek.com/people_and_business/earnings_finance/Braskems-net-profit-drops-95-percent-in-the-fourth-quarter_58805.html
February 13, 2014
Saudi Kayan, an affiliate of Sabic, has reported a 55% lower net loss in 2013 compared with the year earlier. Net loss in 2013 reached 346.4 million Saudi riyals ($92.4 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Saudi-Kayan-narrows-losses-in-2013_58804.html
February 13, 2014
International Flavors & Fragrances (IFF) today reported fourth-quarter net earnings down 9.7% year-on-year (YOY), to $61.5 million, or 75 cts/share, on revenues up 7%, to $725...
http://www.chemweek.com/people_and_business/earnings_finance/IFF-earnings-slightly-beat-estimates-on-higher-sales_58803.html
February 13, 2014
Koppers reports a net loss of $4.1 million compared to a net gain of $13.6 million in the year-ago quarter, citing restructuring costs and weakness in its carbon operations. Adjusted...
http://www.chemweek.com/people_and_business/earnings_finance/Koppers-reports-net-loss-in-fourth-quarter_58801.html
February 13, 2014
Showa Denko reports a 3.2% fall in net profits for the full fiscal year, ended 31 December 2013, compared with 2012, to ¥9.06 billion ($89 million). Full-year sales increased...
http://www.chemweek.com/people_and_business/earnings_finance/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-higher-earnings-sales_58797.html
February 13, 2014
Versalis (Milan), the chemicals subsidiary of Italy’s energy major ENI (Rome), today reported an increase in fourth-quarter operating loss on lower sales. Full-year 2013...
http://www.chemweek.com/people_and_business/earnings_finance/Versalis-posts-higher-fourth-quarter-loss-on-lower-sales_58791.html
February 12, 2014
Intrepid Potash reported a fourth-quarter net loss of $6 million, compared to a gain of $14.5 million in the year-ago quarter. Earnings of 8 cts/share were above analyst estimates of...
http://www.chemweek.com/people_and_business/earnings_finance/Intrepid-Potash-reports-earnings-drop_58788.html
February 12, 2014
Innospec today reported fourth-quarter net income of $28.7 million, or $1.17/share, more than double that of the year-ago period, on sales up 13% year-on-year (YOY), to $241.6 million...
http://www.chemweek.com/people_and_business/earnings_finance/Innospec-earnings-rise-on-acquisitions_58789.html
February 12, 2014
Valspar today reported fiscal first-quarter net income down 2.5% year-on-year (YOY), to $53.6 million, on sales up 9%, to $956 million. Excluding restructuring costs, adjusted net...
http://www.chemweek.com/people_and_business/earnings_finance/Valspar-beats-estimates_58774.html
February 12, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) reports a 42.7% fall in net profits for the fourth quarter, ended 31 December 2013, compared with the year-ago period, to $119 million...
http://www.chemweek.com/people_and_business/earnings_finance/ICL-reports-fall-in-profits_58761.html
February 12, 2014
Fertilizer major Yara International (Oslo) today announced lower fourth-quarter results, with weak commodity margins but robust value-added premiums and strong fertilizer deliveries...
http://www.chemweek.com/people_and_business/earnings_finance/Yara-reports-lower-fourth-quarter-results-reflecting-weaker-prices_58759.html
February 11, 2014
Huntsman (The Woodlands, TX) reports fourth-quarter net income of $41 million, reversing a year-ago loss of $40 million, on gains in most business segments. Revenues increased 3% YOY, to $2.7 billion....
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-swings-to-$41-million-profit_58746.html
February 11, 2014
Mosaic today reported weak results in the fourth quarter since market conditions for potash and phosphates suffered. Net earnings of $129 million dropped 80% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-earnings-slump-on-weak-potash-phosphates-market_58740.html
February 11, 2014
Cambrex (East Rutherford, NJ) reports a 79.6% fall in net profits for the fourth quarter of 2013, ended 31 December, compared with the year-ago quarter, to $8.89 million. The results...
http://www.chemweek.com/people_and_business/earnings_finance/Cambrex-reports-fall-in-profits_58732.html
February 10, 2014
A heavy winter in fourth quarter of 2013 pushed sales and earnings upwards for Compass Minerals fueled by strength in the salt segment, according to results released today. Net income...
http://www.chemweek.com/people_and_business/earnings_finance/Compass-Minerals-results-surge-on-heavy-winter-weather-salt-sales_58716.html
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