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November 5, 2015
Paints and coatings company Tikkurila (Helsinki) has reported a decrease in revenue of 6.5% year-on-year (YOY) in third-quarter 2015 to €168.0 million ($183.4 million), compared...
http://www.chemweek.com/people_and_business/earnings_finance/Tikkurila-sees-sales-profit-fall-guidance-remains-intact_74987.html
November 5, 2015
Croda posted a 1.4% increase in third-quarter reported sales compared with the corresponding period of 2014, to £262.5 million. Currency translation—principally the impact...
http://www.chemweek.com/people_and_business/earnings_finance/Croda-posts-higher-sales-despite-negative-currency-effects_74986.html
November 5, 2015
Brenntag reports a 9.0% increase in third-quarter profit after tax compared with the corresponding period of last year, to €94.7 million on sales up 0.8%, to €2.6 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Brenntag-posts-higher-earnings-but-cuts-guidance-acquires-two-lubricants-distributors-in-US_74984.html
November 5, 2015
Lanxess, in its third-quarter results on Thursday, said that its realignment plans are progressing faster than expected and it raised its guidance for the full year. Lanxess now...
http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-reports-higher-profits-raises-2015-guidance-and-presents-new-strategy_74982.html
November 5, 2015
Trinseo (Berwyn, PA) reports net income of $52 million for the third quarter, up from a $10 million loss in the year-ago period. Sales totaled $1.028 billion, down 21% year-over-year (YOY) on the pass-through of lower raw material costs, says the company. Adjusted earnings of $1.07/share missed the mean analyst estimate of $1.28/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Trinseo-swings-to-$52-million-profit-misses-estimates_74979.html
November 4, 2015
Biobased succinic acid producer BioAmber (Minneapolis) reports a net loss of $8.4 million for its fiscal third quarter, flat year-on-year (YOY), while sales slid 24.9% YOY, to...
http://www.chemweek.com/people_and_business/earnings_finance/BioAmber-reports-loss-exceeds-yield-targets-at-Sarnia_74978.html
November 4, 2015
Platform Specialty Products has issued $500 million in senior bonds due 2021, with the proceeds going to fund the $2.3-billion acquisition of Alent plc (Woking UK). The bonds carry an...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-Specialty-Products-issues-debt-to-fund-Alent-deal_74958.html
November 4, 2015
Borealis (Vienna), one of Europe’s major producers of polyolefins, on Wednesday reported 39% higher third-quarter net profit, to €257 million ($281.8 million), and said...
http://www.chemweek.com/people_and_business/earnings_finance/Borealis-reports-increase-in-profit-headed-for-best-year-in-its-history_74955.html
November 4, 2015
Evonik Industries has reported a 4% increase in sales in the third quarter, to €3.37 billion ($3.70 billion). Adjusted Ebitda was €653 million in the latest quarter, up 31%...
http://www.chemweek.com/people_and_business/earnings_finance/Evonik-reports-sales-increase-profit-leaps_74954.html
November 6, 2015
DSM's net profit from continuing operations in the third quarter totaled €106 million ($116.9 million ), down 6% year-on-year (YOY). But Ebitda was up 2% YOY, to €287...
http://www.chemweek.com/people_and_business/earnings_finance/DSMs-third-quarter-net-profit-declines-sales-rise_74917.html
November 5, 2015
Univar reports net income of $12.1 million for the third quarter, ended 30 September, down 74% year-on-year (YOY), compared with $45.8 million in the year-ago period. The company cites...
http://www.chemweek.com/people_and_business/earnings_finance/Univar-misses-estimates-net-income-down_74936.html
November 3, 2015
Ashland has reported a fiscal fourth-quarter net loss from continuing operations of $59 million, or 88 cts/share, on sales down 17% year-on-year (YOY), to $1.28 billion. This compared...
http://www.chemweek.com/people_and_business/earnings_finance/Ashland-beats-estimates-despite-volume-declines_74953.html
November 3, 2015
Mosaic on Tuesday reported third-quarter net earnings down 21% year-on-year (YOY), to $160 million, on sales down 9%, to $2.1 billion. Sales and earnings declined because of lower...
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-earnings-down-on-lower-volumes-prices_74935.html
November 3, 2015
Olin reports third-quarter income of $5.9 million, down 77% year-on-year (YOY), on sales of $533.6 million, down 10% YOY. Adjusted earnings of 27 cts/share missed the mean analyst estimate of 32 cts/share compiled by Thomson Reuters (New York). Olin says it may idle or permanently close 250,000–450,000 m.t./year of chlor-alkali capacity. The company plans to provide details in the first quarter of 2016....
http://www.chemweek.com/people_and_business/earnings_finance/Olin-says-earnings-down-77-percent-plans-to-rationalize-chlor-alkali_74933.html
November 3, 2015
Westlake Chemical Partners reports third-quarter net income attributable to the partnership of $10.1 million, down from $10.4 million in the second quarter. Net sales of Westlake Chemical OpCo totaled $248.6 million during the quarter, down $251.7 million in the second quarter. Adjusted earnings of 37 cts/share fell short of the mean analyst estimate of 40 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-Chemical-Partners-income-down-3-percent_74929.html
November 3, 2015
OCI Partners (Nederland, TX) reports net income for the third quarter of $23 million, up 21% year-over-year (YOY), on revenues of $104 million, up 16% YOY. Earnings of 27 cts/share fell just shy of the mean analyst estimate of 28 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-Partners-net-income-up-21-percent-YOY-revenues-up-16-percent_74938.html
November 3, 2015
Balchem has reported third-quarter net income down 7.9% year-on-year (YOY), to $14.0 million, or 44 cts/share, on sales down 12.7%, to $140.1 million. The downturn in the oil and gas...
http://www.chemweek.com/people_and_business/earnings_finance/Balchem-earnings-fall-on-weak-oil-and-gas-business_74939.html
November 3, 2015
Westlake Chemical (Houston) reports third-quarter net income of $184 million, up 9.5% year-on-year (YOY) on the one-time boost of a lower effective tax rate, which offset the effects of maintenance outages. Sales totaled $1.19 billion, down 5.2% YOY on lower sales prices, partially offset by higher sales volume, the company says....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-earnings-up-9-5-percent-YOY-on-tax-rate-sales-down-5-2-percent_74928.html
November 3, 2015
Cabot reports net income of $43 million for the fiscal fourth quarter, ended 30 September, up 28% year-on-year (YOY). However, it also reports a loss of $331 million for the full...
http://www.chemweek.com/people_and_business/earnings_finance/Cabot-beats-estimates-net-income-up_74920.html
November 4, 2015
DuPont has announced plans to merge its packaging and industrial polymers business unit with performance polymers, as well as combine protection technologies and building innovations...
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-consolidates-business-units_74894.html
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