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March 16, 2015
Linde announced today group sales of €17.0 billion ($17.8 billion) in full-year 2014 compared with €16.7 billion in 2013, an increase of 4.5% year-on-year (YOY) after...
http://www.chemweek.com/people_and_business/earnings_finance/Linde-increases-sales-despite-tough-conditions_68586.html
March 16, 2015
Kingboard Chemical Holdings (Hong Kong) says that volatile crude oil contracts during the fourth quarter of 2014 resulted in a 17% fall in revenue at Kingboard's chemical division for...
http://www.chemweek.com/people_and_business/earnings_finance/Kingboard-says-oil-volatility-hurt-chemical-divisions-2014-earnings-sales_68585.html
March 13, 2015
One Rock Capital (New York), a private equity firm associated with Mitsubishi Corp., has purchased a stake in Compass Chemical (Smyrna, GA), a maker of organophosphates. Terms of the...
http://www.chemweek.com/people_and_business/earnings_finance/One-Rock-Capital-buys-stake-in-Compass-Chemical_68555.html
March 12, 2015
Potash producer K+S's (Kassel, Germany) operating earnings (Ebit) during the last quarter of 2014 were €130.4 million ($138.6 million), up 30% year-on-year (YOY), despite higher...
http://www.chemweek.com/people_and_business/earnings_finance/K+Ss-operating-profit-soars_68485.html
March 12, 2015
Activist hedge fund Trian Fund Management (New York) today released a letter to DuPont management commenting on fund founder and CEO Nelson Peltz’s experience on corporate...
http://www.chemweek.com/people_and_business/earnings_finance/Trian-releases-new-letter-seeks-Chemours-board-seats_68472.html
March 11, 2015
IMCD (Rotterdam), a distributor of specialty chemicals, says that its net profit before amortization and nonrecurring items increased more than four-fold in 2014, to €54 million...
http://www.chemweek.com/people_and_business/earnings_finance/Distributor-IMCD-reports-higher-profit-sales_68454.html
March 11, 2015
Tessenderlo Group reported today a profit of €52.8 million ($56.8 million) for 2014 compared with a €65.1-million loss in the previous year. This swing to profit was due to...
http://www.chemweek.com/people_and_business/earnings_finance/Tessenderlo-swings-to-profit-in-2014_68437.html
March 10, 2015
Fuels and lubricants maker Calumet Specialty Products today priced a public unit offering at $26.75/unit. The company is selling 6 million common units in an offering expected to close...
http://www.chemweek.com/people_and_business/earnings_finance/Calumet-Specialty-Products-prices-unit-offering_68421.html
March 10, 2015
Hexion, formerly Momentive Specialty Chemicals, today reported a fourth-quarter net loss of $66 million compared with a loss of $525 million in the year-ago quarter. Sales were down 3%...
http://www.chemweek.com/people_and_business/earnings_finance/Hexion-narrows-loss-on-lower-sales_68412.html
March 10, 2015
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results for 2014, exceeding its targets and making “substantial Increases in sales...
http://www.chemweek.com/people_and_business/earnings_finance/Symrise-reports-increases-in-sales-Ebitda_68405.html
March 9, 2015
Sasol (Johannesburg) today reported its interim financial results covering the six months ended 31 December 2014. Earnings attributable to shareholders rose 54%, to 19.5 billion South...
http://www.chemweek.com/people_and_business/earnings_finance/Sasol-reports-strong-operational-performance_68379.html
March 6, 2015
Trecora Resources (Sugar Land, TX) has announced record fourth-quarter sales of $74.1 million in 2014, an increase of 11.2% year-on-year (YOY) and net income of $2.2 million in the...
http://www.chemweek.com/people_and_business/earnings_finance/Trecora-Resources-reports-record-fourth-quarter-sales-full-year-sales-up-23-percent_68365.html
March 5, 2015
The strengthening US dollar will be a mild negative for the credit for major US chemical companies, according to a new report by Moody’s Investors Service (New York), a ratings...
http://www.chemweek.com/people_and_business/earnings_finance/Moodys-strong-dollar-mildly-negative-for-US-chemical-companies_68346.html
March 5, 2015
Trinseo reports a net loss for the fourth quarter of $30 million, down from a net profit of $11 million in the year-ago quarter, largely the result of inventory revaluation driven by declining crude oil prices. Sales totaled $1.12 billion, down 10% year-over-year (YOY) from $1.24 billion on lower raw material costs and currency effects. Adjusted earnings came to a loss of 48 cents/share, below analysts’ consensus estimate of a 13-cts/share loss....
http://www.chemweek.com/people_and_business/earnings_finance/Trinseo-swings-to-loss-on-inventory-revaluation-misses-estimates_68342.html
March 5, 2015
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, today published its audited financial results for the full year ended 31 December 2014. Production was...
http://www.chemweek.com/people_and_business/earnings_finance/Uralkali-reports-higher-production-in-2014-speeds-up-development-of-additional-potash-deposits_68337.html
March 5, 2015
Arkema today reported its fourth-quarter and full-year 2014 results and provided guidance for 2015. Fourth quarter Ebitda, characterized by year-end seasonality, was flat at €162...
http://www.chemweek.com/people_and_business/earnings_finance/Arkema-reports-lower-sales-and-profits-confirms-mid-and-long-term-targets_68330.html
March 5, 2015
Siegfried (Zofingen, Switzerland) reports a 28.4% fall in net profits for 2014 compared with 2013, to 38.6 million Swiss francs ($39.9 million). Full-year sales for 2014 decreased...
http://www.chemweek.com/people_and_business/earnings_finance/Siegfried-reports-fall-in-profits-sales_68333.html
March 4, 2015
Vopak says that its Ebitda excluding exceptional items increased 6% in the fourth quarter of 2014 compared with the corresponding quarter of the previous year, to €194 million...
http://www.chemweek.com/people_and_business/earnings_finance/Vopaks-profits-sales-rise-expects-to-hit-Ebitda-target-one-year-early_68310.html
March 4, 2015
Henkel says that operating profit in the company's adhesive technologies business unit increased to €314 million in the fourth quarter of 2014, from €259 million in the...
http://www.chemweek.com/people_and_business/earnings_finance/Henkels-adhesives-sales-profit-up-on-growth-in-emerging-markets_68301.html
March 4, 2015
Lenzing Group (Lenzing, Austria) says today that it expects consolidated sales to be €1.86 billion ($2.1 billion) in full-year 2014, according to preliminary figures, compared...
http://www.chemweek.com/people_and_business/earnings_finance/Lenzing-expects-to-report-a-loss-in-2014-but-operating-results-above-expectations_68262.html
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