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April 16, 2015
PPG Industries today reported first-quarter net income from continuing operations totaling $321 million, or $2.33/share, up 15.9% year-on-year (YOY), on sales up 1%, to $3.7 billion...
http://www.chemweek.com/people_and_business/earnings_finance/PPG-beats-estimates-on-cost-cuts_69477.html
April 16, 2015
Saudi Kayan, a Sabic affiliate, today reported a large loss for the first quarter of this year. Net loss reached 591.64 million Saudi riyals ($157.7 million). This compares with a net...
http://www.chemweek.com/people_and_business/earnings_finance/Saudi-Kayan-reports-large-first-quarter-losses_69465.html
April 14, 2015
Delo Industrial Adhesives (Windach, Germany), which produces adhesives and application technologies for a wide range of industries, says it achieved sales revenues of €74 million...
http://www.chemweek.com/people_and_business/earnings_finance/Delo-Industrial-Adhesives-reports-sales-grew-24-percent-in-2014-aims-to-increase-workforce-by-15-percent_69403.html
April 14, 2015
Sika (Baar, Switzerland) today announced its first-quarter results, which reflect strong, real growth dented by its translation into Swiss francs. Sales in the first three months were...
http://www.chemweek.com/people_and_business/earnings_finance/Sikas-strong-first-quarter-growth-dented-by-translation-into-Swiss-francs_69398.html
April 14, 2015
Saudi Arabian Fertilizer Co. (Safco), a Sabic affiliate, today reported a decline in first quarter profits. Net profit was down 30.01% to 590 million Saudi riyals ($157.3 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Safco-reports-decline-in-first-quarter-profits_69409.html
April 13, 2015
Yanbu National Petrochemical Co. (Yansab; Yanbu, Saudi Arabia), a Sabic affiliate, today announced a major drop in profits for the first three months of the year. Net profit plummeted...
http://www.chemweek.com/people_and_business/earnings_finance/Yansab-reports-large-drop-in-first-quarter-profits_69370.html
April 13, 2015
Composite materials supplier Gurit (Zurich) has announced sales of 89.3 million Swiss francs ($85.9 million) in the first quarter of 2015 compared with sales of SF78.8 million in the...
http://www.chemweek.com/people_and_business/earnings_finance/Gurit-sales-jump-13-percent-in-first-quarter_69365.html
April 13, 2015
Russian fertilizer major Acron (Velikiy Novgorod) today reported a 10% increase in 2014 revenue, to 74.6 billion Russian rubles ($1.94 billion), compared with 2013. Ebitda was up...
http://www.chemweek.com/people_and_business/earnings_finance/Acron-reports-lower-full-year-profit-on-higher-revenue-gives-update-on-potash-phosphate-projects_69363.html
April 11, 2015
EMS Group (Herrliberg, Switzerland) has posted net sales of 479 million Swiss francs in the first quarter—3.5% down on the corresponding period of last year. The decline reflects...
http://www.chemweek.com/people_and_business/earnings_finance/Stronger-Swiss-currency-dents-EMS-Groups-sales_69341.html
April 10, 2015
Stolt-Nielsen reports first-quarter net profit of $38.8 million, up from $18.6 million in the corresponding period of 2014. Operating profit jumped year-on-year to $71.5 million from...
http://www.chemweek.com/people_and_business/earnings_finance/Lower-fuel-costs-buoy-Stolt-Nielsens-profits_69339.html
April 9, 2015
Victrex, the leading producer of polyetheretherketone (PEEK), today announced that in it performed well in the first half, ended 31 March. Its revenue then, £130.3 million...
http://www.chemweek.com/people_and_business/earnings_finance/Victrex-reports-higher-revenues-PEEK-sales-volumes_69298.html
April 8, 2015
RPM International (Medina, OH) reports a net loss of $57.3 million for the quarter ended 28 February, down from a gain of $16.2 million in the year-ago period , due mainly to a one-time charge related to the recent bankruptcy settlement of its Specialty Products Holding Corp. (SPHC) subsidiary. Sales increased 9.6% YOY to $946.3 million .Excluding charges, RPM says net income grew 61.2% to $26.2 million or 20 cts/share....
http://www.chemweek.com/people_and_business/earnings_finance/RPM-swings-to-loss-on-one-time-charge_69283.html
April 8, 2015
Private equity firm New Mountain Capital (New York) has agreed to acquire Zep (Atlanta), a maker of consumer cleaning and maintenance chemicals, for $692 million, or $20.05/share. The...
http://www.chemweek.com/people_and_business/earnings_finance/Zep-to-be-acquired-by-New-Mountain-Capital_69279.html
April 8, 2015
Omnova reports a net loss of $3.2 million for its seasonally weak first quarter compared with a gain of $1.2 million in the year-ago quarter. Excluding one-time items, including an...
http://www.chemweek.com/people_and_business/earnings_finance/Omnova-swings-to-a-loss-in-seasonally-weak-first-quarter_69280.html
April 8, 2015
Monsanto today announced the pricing of $800 million aggregate principal amount of fixed rate senior notes consisting of  $300 million in senior notes that mature in 2025 and bear...
http://www.chemweek.com/people_and_business/earnings_finance/Monsanto-issues-$800-million-in-debt_69270.html
April 7, 2015
Airgas today announced it is raising its quarterly dividend on its common stock by 9%, to 60 cts/share form 55 cts/share. The higher dividend will be paid on 30 June to shareholders of...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-raises-dividend_69271.html
April 7, 2015
Investment firm Berkshire Hathaway (Omaha, NE) has purchased 20 million Axalta shares in a private placement at $28/share, for a purchase price of $560 million, Axalta says. The shares...
http://www.chemweek.com/people_and_business/earnings_finance/Berkshire-Hathaway-buys-stake-in-Axalta_69247.html
April 6, 2015
A. Schulman today reported a fiscal second-quarter net loss of $888,000, or 3 cts/share, due largely to CEO transition costs and restructuring and acquisition integration charges, on...
http://www.chemweek.com/people_and_business/earnings_finance/Schulman-falls-short-of-estimates-sales-fall-due-to-currency-impacts_69232.html
April 6, 2015
Advanced Petrochemical Co. today reported net profit of 90 million Saudi riyals ($24.0 million) in the quarter ended 31 March, down 34.5% on the year-earlier quarter. Advanced, a...
http://www.chemweek.com/people_and_business/earnings_finance/Advanced-Petrochemical-reports-lower-first-quarter-profits_69155.html
April 2, 2015
Composites and coatings maker Reichhold Industries (Durham, NC) announced today that its US operations have emerged from Chapter 11 bankruptcy, and that the company has purchased its...
http://www.chemweek.com/people_and_business/earnings_finance/Reichhold-US-business-emerges-from-bankruptcy-as-bondholders-take-control_69139.html
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