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April 23, 2013
More Saudi chemical producers have reported first-quarter results, which were mostly lower than in the corresponding period of last year. Saudi International Petrochemical Co...
http://www.chemweek.com/people_and_business/earnings_finance/Sipchem-Tasnee-report-lower-first-quarter-profits-Alujain-records-loss-on-extended-shutdown_51358.html
April 22, 2013
K+S has raised the planned capital expenditure for its potash plant project at Saskatchewan, Canada, to C$4.1 billion ($3.9 billion), which includes investments into the the...
http://www.chemweek.com/people_and_business/earnings_finance/K+S-increases-capital-spending-for-Canadian-potash-project_51335.html
April 22, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 14 out of 20 this week. Thus, we continue to post a green banner. Consumer prices down 0.2%; up 1.5%...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-19-April-2013_51338.html
April 22, 2013
Alpek (San Pedro Garza García, Mexico) achieved $77 million in net consolidated income during the first quarter of 2013, down 20% on the $96-million income reported during the...
http://www.chemweek.com/people_and_business/earnings_finance/Alpeks-first-quarter-net-income-down-20-percent_51333.html
April 22, 2013
Sabic’s first-quarter net income declined 10%, to 6.56 billion Saudi riyals ($1.75 billion) but increased 13% compared with the SR5.83 billion in the fourth quarter of 2012...
http://www.chemweek.com/people_and_business/earnings_finance/Sabics-first-quarter-net-income-down-Petro-Rabigh-reports-loss-closes-cracker-for-maintenance_51325.html
April 22, 2013
Yara International (Olso) today announced a 25% decline in first-quarter net income after noncontrolling interests, to 2.26 billion Norwegian kroner ($388 million), compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/Yara-reports-lower-first-quarter-sales-and-earnings-Qafco-Lifeco-and-Yara-Pilbara-offset-decline_51322.html
April 19, 2013
Honeywell’s performance materials and technologies (PMT) unit reports segment profit of $319 million for the company’s fiscal first quarter, ended 31 March, a 17% increase...
http://www.chemweek.com/people_and_business/earnings_finance/UOP-lifts-Honeywells-first-quarter-profits_51308.html
April 19, 2013
Sherwin-Williams (SW) reports first-quarter gains on strong demand for architectural paint at its retail paint stores and reaffirmed its forecast for more than 20% profit annual...
http://www.chemweek.com/people_and_business/earnings_finance/Retail-business-lifts-Sherwin-Williams-first-quarter-profits_51281.html
April 19, 2013
LG Chem posted a 10.6% decline in net profits for the first quarter of 2013 compared with the year-ago period, to 340.4 billion South Korean won ($305 million). First-quarter sales...
http://www.chemweek.com/people_and_business/earnings_finance/LG-Chem-reports-fall-in-profits-and-sales_51303.html
April 18, 2013
Celanese posted first-quarter net income of $142 million, a decline of 26% due mainly to a significant favorable tax benefit in the year-ago quarter. Excluding charges, Celanese says that adjusted Ebit and earnings were significantly higher. Reported adjusted earnings were $1.14/share, up 44% from the year-ago period and well above the consensus estimate of 78 cts. Adjusted Ebit for the quarter totaled $269 million. Sales of $1.6 billion reflected a year-on-year (YOY) decrease of 1.7%....
http://www.chemweek.com/people_and_business/earnings_finance/Celanese-adjusted-earnings-up-44-percent-on-margin-expansion_51300.html
April 18, 2013
Sensient Technologies (Milwaukee) reported a drop in net income and earnings per share due to restructuring costs—announced in February—as reported in their first quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Sensient-earnings-fall-on-restructuring-charges-sales-reported-flat_51298.html
April 18, 2013
Cytec has announced first-quarter earnings down 36.9% YOY, to $33.5 million, or 73 cts/share, on sales up 26.3%, to $477.4 million. Excluding special items, however, earnings rose...
http://www.chemweek.com/people_and_business/earnings_finance/Cytec-earnings-fall-short-of-estimates-guidance-cut-due-to-economic-risk_51297.html
April 18, 2013
PPG has reported first-quarter adjusted net income of $235 million, or $1.58/share, on sales that were flat, at $3.33 billion. Adjusted net income rose 8.8% from the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/PPG-beats-estimates-on-steady-sales_51283.html
April 18, 2013
Syngenta reports an 8% increase in first-quarter integrated regional sales at constant exchange rates, to $4.6 billion. The company does not disclose first-quarter profits. Volumes...
http://www.chemweek.com/people_and_business/earnings_finance/Syngenta-reports-higher-first-quarter-sales-adheres-to-2020-target_51269.html
April 18, 2013
AkzoNobel reports a 13% drop in first-quarter net income from continuing operations at €96 million ($125.2 million) on 7% lower revenues, of €3.47 billion, citing weak demand...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-hit-in-first-quarter-by-weak-European-demand-sees-no-early-pickup_51267.html
April 17, 2013
Moderate economic growth in North America is supporting credit ratings at US and Canadian chemicals companies, according to credit ratings service Standard & Poor’s (S&P...
http://www.chemweek.com/people_and_business/earnings_finance/S-and-P-Chemicals-credit-quality-supported-by-economic-growth_51262.html
April 17, 2013
Intrepid Potash announced today its preliminary production results for the first quarter 2013, ended 31 March, with potash production expected to reach between 215,000 and 225,000...
http://www.chemweek.com/people_and_business/earnings_finance/Intrepid-Potash-reports-preliminary-first-quarter-production-results_51259.html
April 16, 2013
Sika's (Baar, Switzerland) sales decreased by just over 1% during the first quarter of this year, to 1.04 billion Swiss francs ($1.6 billion), compared with the first quarter of 2012...
http://www.chemweek.com/people_and_business/earnings_finance/Sikas-first-quarter-sales-slip-because-of-cold-weather-across-Europe-North-America_51206.html
April 16, 2013
Givaudan reports sales of 1.09 billion Swiss francs ($1.67 billion) during the first quarter of 2013, an increase of 2.7% on the same quarter the year before, the company announced...
http://www.chemweek.com/people_and_business/earnings_finance/Givaudans-first-quarter-revenue-up-almost-3-percent_51204.html
April 15, 2013
The outlook for first-quarter results has dimmed as weaker-than-expected demand led several companies to issue warnings and industry analysts trimmed quarterly estimates....
http://www.chemweek.com/people_and_business/earnings_finance/Trimmed-estimates-early-earnings-turn-sentiment-bearish_51136.html
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