IHS Chemical Week

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January 31, 2014
Composite materials supplier Gurit (Zurich) says its sales for the fourth quarter 2013 were SF 75.4 million ($83.9 million), compared with SF 63.9 million in the year-ago quarter, an...
http://www.chemweek.com/people_and_business/earnings_finance/Gurit-reports-18-percent-YoY-increase-in-fourth-quarter-sales_58465.html
January 31, 2014
Sumitomo Chemical reports a net profit of ¥24.55 billion ($239 million) for the fiscal first nine months, ended 31 December 2013, compared with a net loss of ¥40.69 billion in...
http://www.chemweek.com/people_and_business/earnings_finance/Sumitomo-Chemical-swings-to-profit_58457.html
January 31, 2014
Tokuyama (Tokyo) reports a net profit of ¥7.49 billion ($73 million) for the fiscal first nine months, ended 31 December 2013, compared with a net loss of ¥10.84 billion in the...
http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-swings-to-profit-upgrades-earnings-sales-projections_58456.html
January 30, 2014
Strong sales of Tritan copolyester and fibers helped Eastman Chemical offset weak adhesives results and higher propane costs and swing to profit in its fiscal fourth quarter. The...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-beats-estimates_58451.html
January 30, 2014
Minerals Technologies today reported earnings up 3.1% year-on-year (YOY), to $22.6 million, or 65 cts/share on sales up 1%, to $256.6 million. Adjusted earnings, which excluded an...
http://www.chemweek.com/people_and_business/earnings_finance/Minerals-Technologies-earnings-beat-estimates_58452.html
January 30, 2014
Cytec today reported adjusted earnings from continuing operations down 3.5% year-on-year (YOY), to $41.9 million, on sales up 1.9%, to $480 million. Actual earnings totaled $59.4...
http://www.chemweek.com/people_and_business/earnings_finance/Cytec-earnings-decline-but-beat-estimates_58450.html
January 30, 2014
Potash Corporation of Saskatchewan (PotashCorp) reports fourth-quarter earnings of $230 million (26 cts/share), down 45.4% year-on-year (YOY), mainly due to weak prices for nutrients...
http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-profits-slump-expects-weaker-results-in-2014_58449.html
January 30, 2014
Sherwin-Williams (SW) today reported fourth-quarter net earnings of $116.1 million, or $1.14/share, up 70.5% year-on-year (YOY), on sales up 10.8%, to $2.46 billion. The increases were...
http://www.chemweek.com/people_and_business/earnings_finance/Sherwin-Williams-earnings-rise-on-higher-architectural-paint-volumes_58448.html
January 30, 2014
Bayer CropScience (Mumbai) today reported board changes. Stephan Gerlich, vice chairman and managing director stepped down as of today. The company has appointed Richard van der Merwe...
http://www.chemweek.com/people_and_business/earnings_finance/Bayer-CropScience-makes-India-board-changes-reports-higher-sales_58426.html
January 30, 2014
AkzoNobel India (Gurgaon) announced today that it has appointed Jayakumar Krishnaswamy as managing director. He replaces Amit Jain, who is taking on a larger role within the AkzoNobel...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-India-appoints-new-managing-director-ups-sales_58425.html
January 30, 2014
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), reports net profits of 2.23 billion baht ($67.7 million) for the fourth quarter of 2013 compared with net...
http://www.chemweek.com/people_and_business/earnings_finance/Siam-Cements-chemicals-business-reports-huge-rise-in-profits_58414.html
January 30, 2014
Stolt-Nielsen today reported unaudited results for the fourth quarter, ended 30 November 2013. Net profit nearly doubled, to $36.6 million from $18.5 million in the fourth quarter of...
http://www.chemweek.com/people_and_business/earnings_finance/Stolt-Nielsen-reports-improved-results-following-pick-up-at-Stolt-Tankers_58413.html
January 30, 2014
Flavors and fragrances group Givaudan (Geneva) today reported its full-year net income rising 19.5%, to 490 million Swiss francs ($545.4 million), on sales 5.5%, higher at SF4.4...
http://www.chemweek.com/people_and_business/earnings_finance/Givaudan-reports-improved-full-year-results-confirms-midterm-objectives_58412.html
January 30, 2014
Methanex (Vancouver) reports net income for the fourth quarter of $128 million, up from a loss of $140 million. Earnings per share of $1.72 easily beating the analysts’ consensus estimate of $1.57. Sales increased 32% year-on-year (YOY), to $881 million, on increased volumes and higher selling prices. Adjusted net income for the quarter totaled $167 million, up 42% over the third quarter and 174% YOY. Sales volumes increased 6.5% over the third quarter and 12% YOY, to 2.13 million m.t.
...

http://www.chemweek.com/people_and_business/earnings_finance/Methanex-swings-to-profit-on-high-volumes-increased-prices_58424.html
January 30, 2014
Cabot reports net income for the fiscal first quarter of $80 million, up 300% year-on-year (YOY) on double-digit volume growth in reinforcement materials and performance materials. Adjusted earnings increased 30% YOY, to $0.86/share, well above the analysts’ consensus estimate of $0.71/share compiled by Thomson Reuters. Net sales increased 8.5% YOY, to $899 million....
http://www.chemweek.com/people_and_business/earnings_finance/Cabot-easily-beats-earnings-estimates-on-volume-growth_58427.html
January 30, 2014
ExxonMobil reports fourth-quarter earnings of $910 million for the chemical segment, down $48 million year-on-year on weaker margins, mainly in specialties....
http://www.chemweek.com/people_and_business/earnings_finance/ExxonMobil-chemical-earnings-decline-5-percent-YOY-on-weaker-specialty-marginns_58428.html
January 30, 2014
OxyChem, the chemical segment of Occidental Petroleum, reports fourth-quarter earnings of $128 million, down 29% year-on-year (YOY) from $180 million. Occidental attributes the result to higher energy and ethylene costs and lower caustic soda prices....
http://www.chemweek.com/people_and_business/earnings_finance/OxyChem-earnings-down-on-higher-ethylene-energy-costs-lower-chlor-alkali-prices_58429.html
January 30, 2014
Shell today reported its fourth-quarter group results and new CEO Ben van Beurden, who until recently was in charge of chemicals, set priorities for the group. Chemical sales volumes...
http://www.chemweek.com/people_and_business/earnings_finance/Shells-chemical-volumes-decline-new-CEO-sets-group-agenda_58417.html
January 29, 2014
Phillips 66 (Houston) reports that fourth-quarter earnings for the chemicals segment, its 50% stake in Chevron Phillips Chemical (CPChem), increased 6% year-on-year (YOY), or $15 million, to $261 million. The company cites gains in CPChem’s olefins and polyolefins business and joint ventures, offset by results in the specialties, aromatics, and styrenics business....
http://www.chemweek.com/people_and_business/earnings_finance/Phillips-66-chemical-earnings-up-6-percent-YOY-on-olefins-polyolefins_58395.html
January 29, 2014
Praxair today announced its fourth-quarter earnings, showing gains due to strength in North American markets and the energy industry, specifically hydrogen plants. Net income was $474...
http://www.chemweek.com/people_and_business/earnings_finance/Praxair-earnings-up-on-strength-in-energy-announces-share-repurchase-program_58392.html
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