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May 7, 2015
The petrochemical business of Idemitsu Kosan reports an operating loss of ¥7.08 billion ($59.5 million) for the fiscal year ended 31 March 2015, compared with an operating profit...
http://www.chemweek.com/people_and_business/earnings_finance/Idemitsu-Kosans-petrochemical-business-reports-an-operating-loss_70164.html
May 7, 2015
Lanxess on Thursday reported an 11.7% rise in first-quarter Ebitda pre-exceptionals to €229 million ($260.2 million), mainly because of lower raw material costs and currency...
http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-reports-lower-net-income-on-flat-sales-ups-full-year-Ebitda-forecast_70154.html
May 6, 2015
Solvay reports adjusted net income of €173 million ($196.4 million), up 44% year-on-year (YOY) in the first quarter of 2015. Recurring Ebitda (Rebitda) was €502 million, up...
http://www.chemweek.com/people_and_business/earnings_finance/Solvays-first-quarter-net-income-up-44-percent-YOY_70116.html
May 6, 2015
Evonik Industries says today it started 2015 with a “strong performance,” generating one of its best quarterly results since 2009 on strong performance in the nutrition and...
http://www.chemweek.com/people_and_business/earnings_finance/Evonik-reports-54-percent-increase-in-net-income_70115.html
May 6, 2015
The late start to the U.S. planting season pushed Agrium’s first-quarter results well below expectations. Net earnings increased to $14 million, from $3 million in the year-ago...
http://www.chemweek.com/people_and_business/earnings_finance/Agrium-earnings-miss-estimates_70130.html
May 6, 2015
Trinseo reports first-quarter net income more than doubled year-on-year (YOY), to $38 million. Adjusted earnings of 80 cts/share were 50.9% higher YOY but narrowly missed an 81...
http://www.chemweek.com/people_and_business/earnings_finance/Trinseo-adjusted-profits-up-51-percent_70127.html
May 6, 2015
Axiall reports a first quarter net loss of $10.6 million, up slightly from a loss of $11.6 million in the year-ago period. Sales fell 5% year-over-year (YOY) to $947.6 million on declines in chlorovinyls and aromatics. Adjusted earnings totaled a loss of 5 cts/share, missing the analysts’ consensus estimate of 0 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Axiall-misses-first-quarter-estimates-with-$10-6-million-loss_70119.html
May 6, 2015
OxyChem, the chemical business of Occidental Petroleum, turned in pre-tax core earnings of $139 million in the first quarter, up 2% year-over-year (YOY). Occidental attributes the gain to lower ethylene and natural gas costs, offset primarily by lower caustic soda sales volumes. OxyChem sales fell 18% YOY to $1 billion....
http://www.chemweek.com/people_and_business/earnings_finance/OxyChem-earnings-up-2-percent-YOY-on-lower-costs_70124.html
May 6, 2015
Axalta today reported first-quarter net income of $46.7 million, compared with a net loss of $3.7 million in the year-ago quarter, on sales down 5.4% year-on-year (YOY), to $997.5...
http://www.chemweek.com/people_and_business/earnings_finance/Axalta-beats-estimates-despite-currency-issues_70120.html
May 6, 2015
Arkema on Wednesday reported Ebitda increased 18%, to €237 million ($266.3 million), on sales, including a contribution from recently acquired Bostik, up 23%, to €1.87...
http://www.chemweek.com/people_and_business/earnings_finance/Arkema-reports-higher-first-quarter-sales-Ebitda-net-income-declines_70109.html
May 5, 2015
Renewable farnesene producer Amyris reports a net loss of $52.3 million for its fiscal first quarter, compared with a net gain of $16.4 million in the year-ago quarter. Adjusted net...
http://www.chemweek.com/people_and_business/earnings_finance/Amyris-loss-widens-maintains-revenue-target_70103.html
May 5, 2015
Balchem today reported first quarter net earnings that nearly doubled year-on-year (YOY), to $15.2 million, on sales up 68.5%, to $144.5 billion. The rise in sales was mostly due to...
http://www.chemweek.com/people_and_business/earnings_finance/Balchem-earnings-soar-due-to-inclusion-of-SensoryEffects_70089.html
May 4, 2015
Westlake says conversions to cost-advantaged ethane feedstock improved first-quarter margins in the vinyls chain, but the gain was more than offset by lower margins in olefins. The company reports first-quarter net income of $146 million, down 7.6% year-on-year (YOY) from $158 million. Net sales increased 7.4% YOY to $1.104 billion, mainly on the contribution of Vinnolit, the specialty PVC resin business acquired last July. Earnings per share of $1.10 fell short of the analysts’ consensus estimate of $1.18, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-misses-estimates-as-crude-takes-toll-on-olefin-margins_70057.html
May 1, 2015
Petróleos Mexicanos's (Pemex; Mexico City) first-quarter domestic petrochemical sales totaled 7.25 billion Mexican pesos ($478 million), down 4.5% year-on-year (YOY), and...
http://www.chemweek.com/people_and_business/earnings_finance/Pemexs-petrochemical-production-falls-on-planned-and-unplanned-maintenance_70022.html
May 1, 2015
ENI (Rome) says that its chemicals business swung to an adjusted net profit of €25 million ($28.0 million) in the first quarter from an adjusted net loss of €76 million...
http://www.chemweek.com/people_and_business/earnings_finance/ENIs-chemicals-business-swings-to-profit_70018.html
May 1, 2015
Cambrex (East Rutherford, NJ) reports a more than eightfold increase in net profits for the first quarter of 2015 compared with the first quarter of 2014, to $7.99 million...
http://www.chemweek.com/people_and_business/earnings_finance/Cambrex-reports-huge-rise-in-profits_70017.html
May 1, 2015
Mitsubishi Chemical Holdings today announced that it has revised its financial results forecast for fiscal 2014, covering 1 April 2014 through 31 March 2015. Net income has been...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsubishi-Chemical-Holdings-upgrades-earnings-forecast_70013.html
May 1, 2015
BASF today reported its first-quarter results, beating consensus estimates, and has confirmed its outlook for 2015 of sales slightly increasing with Ebit before special items likely...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-reports-first-quarter-earnings-decline-on-higher-sales-confirms-2015-outlook_69958.html
May 1, 2015
PolyOne reports first quarter net income of $70.1 million, up 24% year-over-year (YOY) from $56.4 million on double-digit increases in color and engineered materials. Sales totaled $873 million, down 13% YOY. Adjusted earnings of 46 cts/share were up 5% YOY....
http://www.chemweek.com/people_and_business/earnings_finance/PolyOne-net-income-up-sales-down-on-destocking_70007.html
April 30, 2015
Huntsman reports first-quarter net income of $5 million, down 91% year-over-year (YOY). Revenues fell 6% YOY to $2.6 billion. Adjusted earnings increased 21% YOY to 40 cts/share, beating the analysts’ consensus estimate of 28 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-net-income-down-but-beats-consensus_70009.html
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