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March 25, 2015
Activist hedge fund Trian fund Management (New York) today filed a definitive proxy statement with SEC for its four director nominees to stand for election to DuPont’s board at...
http://www.chemweek.com/people_and_business/earnings_finance/Trian-files-new-DuPont-proxy-slams-Kullman-over-stock-options_68896.html
March 25, 2015
Low-cost oil, while a positive for some chemical companies and a negative for others, is unlikely to have a major impact on the industry’s credit quality, according to report by...
http://www.chemweek.com/people_and_business/earnings_finance/S-and-P-Cheap-oil-will-have-little-impact-on-chemical-industrys-credit_68904.html
March 25, 2015
Applied Graphene Materials (Wilton, UK), a producer of specialty graphene materials, today announced its interim results for the six months ended 31 January. The company reports a loss...
http://www.chemweek.com/people_and_business/earnings_finance/Applied-Graphene-Materials-reports-loss-plans-expansion-of-production-capacity_68884.html
March 25, 2015
Agricultural chemical firm Nufarm (Melbourne) today announced its financial results for its fiscal first half, ended 31 January. Nufarm reports a 23% rise in first-half net profits...
http://www.chemweek.com/people_and_business/earnings_finance/Nufarm-reports-rises-in-profits-sales_68882.html
March 24, 2015
ACC’s Chemical Activity Barometer (CAB), a leading economic indicator and measure of industry activity, was flat sequentially in March after 0.3% and 0.1% upward revisions in...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-CAB-flat-sequentially-in-March_68852.html
March 24, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) has announced that revenues rose to €3.7 million ($4.04 million) in 2014, up from €700,000 in...
http://www.chemweek.com/people_and_business/earnings_finance/METabolic-EXplorer-increases-sales-operating-income-reduces-net-loss_68851.html
March 24, 2015
Lenzing, (Lenzing, Austria), a man-made cellulosic fibers producer, says sales fell by 2.3%, to €1.86 billion ($2.02 billion), in fiscal 2014 compared with sales of €1.91...
http://www.chemweek.com/people_and_business/earnings_finance/Lenzing-reports-increased-Ebitda-lower-sales-in-very-challenging-environment_68841.html
March 23, 2015
Adama Agricultural Solutions, the leading global off-patent provider of crop protection solutions, today reported its financial results for full-year 2014 and the fourth quarter, ended...
http://www.chemweek.com/people_and_business/earnings_finance/Adama-reports-increased-sales-earnings-growth-rates-among-highest-in-the-pesticides-sector_68796.html
March 23, 2015
Sinopec’s chemicals segment reports an operating loss of 2.16 billion renminbi ($348 million) in 2014 compared with an operating profit of Rmb631 million in 2013. The segment has...
http://www.chemweek.com/people_and_business/earnings_finance/Sinopecs-chemicals-segment-reports-loss-lower-sales_68812.html
March 22, 2015
Gulf Petrochemical Industries Co. (GPIC; Manama), a joint venture among National Oil & Gas Authority of Bahrain, Sabic, and Petrochemical Industries Co. (Kuwait City), today...
http://www.chemweek.com/people_and_business/earnings_finance/Gulf-Petrochemical-Industries-raises-profit-in-2014_68797.html
March 20, 2015
Airgas today said it is cutting its first-quarter earnings guidance to $1.15/share, compared with $1.25-$1.30/share previously. Year-on-year (YOY) organic sales growth is expected to...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-cuts-earnings-guidance_68794.html
March 20, 2015
Altana (Wesel, Germany) announced today sales of €1.95 billion ($2.09 billion) in full-year 2014 compared with sales of €1.77 billion in 2013, an increase of 11% year-on-year...
http://www.chemweek.com/people_and_business/earnings_finance/Altana-acheives-double-digit-sales-and-Ebitda-growth-in-2014_68781.html
March 19, 2015
OCI Partners (Nederland, TX) says lower methanol prices, higher natural gas prices, and a lower methanol production rate pulled down fourth-quarter results versus the year-ago period. Net income for the fourth quarter totaled $31 million, down 37% year-over-year (YOY) from $49 million. Revenues fell 12% YOY, to $99 million....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-Partners-income-down-on-lower-methanol-prices-utilization_68721.html
March 19, 2015
Kronos Worldwide (Dallas) reports net income for the fourth quarter of $19.9 million, up almost seven-fold year-over-year (YOY) from $2.9 million. Net sales increased 1% YOY, to $373.5 million. Earnings per share of 17 cents beat analysts’ consensus estimate of 12 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Kronoss-fourth-quarter-income-up-beats-estimates_68723.html
March 19, 2015
Lanxess today reported substantially improved operating result and net income in fiscal 2014. While sales declined 3.5% to €8.01 billion ($8.62 billion), Ebitda pre-exceptionals...
http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-improves-earnings-to-close-EPDM-plant-realign-butadiene-rubber-operations_68689.html
March 18, 2015
Sibur Holding, a leader in the Russian petrochemical industry, today published its operational and financial results for 2014. The company reports a 6.3% year-on-year (YOY) increase in...
http://www.chemweek.com/people_and_business/earnings_finance/Siburs-sales-Ebitda-boosted-by-currency-devaluation-but-net-drops_68663.html
March 18, 2015
Brenntag has reported a slight increase in 2014 profit after tax, to €340 million, on sales up 2.5%, to €10.0 billion. Operating Ebitda increased 4.1%, to €727 million...
http://www.chemweek.com/people_and_business/earnings_finance/Brenntags-earnings-ahead-of-guidance-sales-up_68657.html
March 18, 2015
Platform Specialty Products today reported a fourth-quarter net loss of $266.7 million, compared with a loss of $200.1 million in the year-ago quarter. Net sales grew 47.7%...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-Specialty-Products-reports-loss-on-charges_68665.html
March 18, 2015
SGL Carbon (Wiesbaden, Germany) has announced group sales of €1.34 billion ($1.42 billion) for the business year 2014, a decrease of 6% year-on-year (YOY). . Ebitda before...
http://www.chemweek.com/people_and_business/earnings_finance/SGL-announces-fall-in-sales-profit-plummets_68664.html
March 17, 2015
Composite materials supplier Gurit (Zurich) today announced its results for fiscal 2014. Net sales were 335.8 million Swiss francs ($333.8 million) compared with SF281.1 million in...
http://www.chemweek.com/people_and_business/earnings_finance/Gurit-reports-double-digit-sales-growth-profitability-leaps_68627.html
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