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February 12, 2015
AkzoNobel's net income attributable to shareholders dropped in the fourth quarter of 2014 to €7.0 million from €51.0 million in the corresponding period of 2013. The figure...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobels-net-income-drops-on-one-off-charges-Ebitda-beats-estimates_67751.html
February 12, 2015
Total is the latest oil company to announce spending cuts and operating-cost reductions, as well as to write down upstream assets, in response to falling oil prices. The company...
http://www.chemweek.com/people_and_business/earnings_finance/Total-cuts-jobs-and-slashes-capacity-at-UK-refinery-reduces-group-spending-writes-down-upstream-assets_67755.html
February 12, 2015
Showa Denko reports a 41% fall in net profits for the fourth quarter of 2014 compared with the year ago quarter, to ¥1.36 billion ($11.4 million). Fourth-quarter sales for the...
http://www.chemweek.com/people_and_business/earnings_finance/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-mixed-results_67753.html
February 12, 2015
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich (St. Louis), reports a 9.0% increase in sales in the fourth quarter of 2014 compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/SAFC-reports-rise-in-fourth-quarter-sales_67752.html
February 12, 2015
Odfjell reported a net loss of $18 million in the fourth quarter of 2014, an improvement on the $101-million net loss posted by the company in the corresponding period of 2013. Revenue...
http://www.chemweek.com/people_and_business/earnings_finance/Odfjells-net-loss-narrows-no-benefit-yet-from-lower-fuel-costs_67768.html
February 12, 2015
Braskem swung to a net loss of 24 million reais ($8.4 million) during the last quarter of 2014; the company broke even in the same quarter of 2013.  Over the whole of 2014...
http://www.chemweek.com/people_and_business/earnings_finance/Braskem-swings-to-a-net-loss-in-the-fourth-quarter_67757.html
February 12, 2015
IFF today reported net income up 47% year-on-year (YOY), to $90.1 million, or $1.10/share, on net sales up 4%, to $756.1 million. Adjusted earnings totaled $1.07/share, beating...
http://www.chemweek.com/people_and_business/earnings_finance/IFF-earnings-beat-estimates-on-solid-sales-growth_67758.html
February 11, 2015
Trian released a letter to DuPont shareholders restating its critique of the company’s performance. The letter notes that DuPont has consistently missed its financial targets in recent years, and that earnings have remained below 2011 levels over the last three years. “Had management met its financial targets since 2011, earnings per share would be 51% higher than it is today,” the letter says....
http://www.chemweek.com/people_and_business/earnings_finance/Trian-files-proxy-with-DuPont-director-nominees-and-steps-up-management-criticism_67725.html
February 11, 2015
Nonwovens producer Polymer Group (PGI; Charlotte, NC) has filed for an initial public offering with the US SEC. The timing and price of the offering were not disclosed in the filing...
http://www.chemweek.com/people_and_business/earnings_finance/Blackstones-Polymer-Group-files-for-IPO_67736.html
February 11, 2015
“Demand exceeded our expectations as customers came to the market in force seeking to replenish empty inventories ahead of an expected strong spring application season in North America,” says Jim Prokopanko, Mosaic president and CEO....
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-earnings-more-than-double-on-higher-prices-and-strong-potash-volumes_67722.html
February 11, 2015
Equate Petrochemical, (Kuwait City), a joint venture among Petrochemical Industries Co., Dow Chemical, Boubyan Petrochemical Co., and Qurain Petrochemical Industries, today...
http://www.chemweek.com/people_and_business/earnings_finance/Equate-reports-decline-in-profit-says-2015-and-beyond-will-be-challenging_67718.html
February 11, 2015
DSM's net profit from continuing operations before exceptional items in the fourth quarter of 2014 amounted to €89.0 million ($100.7 million), down about 12% from €101.0...
http://www.chemweek.com/people_and_business/earnings_finance/DSMs-fourth-quarter-net-profit-down-about-12-percent_67717.html
February 11, 2015
EuroChem Group AG (Zug, Switzerland), a leading global producer of fertilizers, today reported consolidated revenues for the year ended 31 December 2014 of 193 billion Russian rubles...
http://www.chemweek.com/people_and_business/earnings_finance/EuroChem-reports-net-loss-in-2014-as-the-Russian-currency-weakens_67723.html
February 11, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) reported net income of $85 million during the fourth quarter of 2014, down from the $119.6 million reported one year earlier. The fall was due to...
http://www.chemweek.com/people_and_business/earnings_finance/ICLs-net-income-dips-in-fourth-quarter_67720.html
February 11, 2015
Yara International (Oslo), a major fertilizer player, today reported fourth-quarter net income after noncontrolling interests of 1.86 billion Norwegian kroner ($245.3 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Yara-raises-fourth-quarter-profits-and-sales-on-lower-gas-prices-and-stronger-dollar_67708.html
February 11, 2015
Kemira (Helsinki) has today announced results for fourth-quarter and full-year 2014. The company says that revenue “remained stable” at €547.1 million ($619.4 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Kemira-reports-growth-improved-profitability_67682.html
February 10, 2015
Paints and coatings company Tikkurila (Helsinki) says its revenue in fourth-quarter 2014 was €104.4 million ($118.0 million), a drop of 11% compared with sales of €116.7...
http://www.chemweek.com/people_and_business/earnings_finance/Tikkurila-reports-fall-in-sales-and-profit-in-fourth-quarter-and-full-year-2014_67678.html
February 9, 2015
Compass Minerals today reported fourth quarter net income up 38% year-on-year (YOY), to $80.5 million, or $2.38/share, on sales up 12%, to $433.4 million. Earnings easily beat...
http://www.chemweek.com/people_and_business/earnings_finance/Compass-Minerals-earnings-soar-past-estimates-on-strong-pricing_67670.html
February 9, 2015
Quinpario Acquisition 2, the new blank-check fund formed by former Solutia CEO Jeffry Quinn, is eyeing Arsenal Capital’s Royal Adhesives & Sealants (South Bend, IN), in a...
http://www.chemweek.com/people_and_business/earnings_finance/Report-Quinn-firm-eyeing-Royal-Adhesives_67668.html
February 9, 2015
The petrochemical business of Gail India (New Delhi), a natural gas company, reports sale rose 7.0% rise in the fiscal third quarter, ended 31 December 2014, compared with the year-ago...
http://www.chemweek.com/people_and_business/earnings_finance/Gails-petrochemical-business-reports-rise-in-sales_67640.html
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