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July 30, 2014
The chemical subsidiary of Siam Cement Group (SCG; Bangkok), reports a 14.4% fall in net profits for the second quarter, ended 30 June, compared with the year-ago period, to 2.26...
http://www.chemweek.com/people_and_business/earnings_finance/Siam-Cements-chemicals-business-reports-fall-in-second-quarter-profits_62796.html
July 30, 2014
Clariant’s second-quarter net income from continuing operations was up 17%, to 83 million Swiss francs ($91.5 million), while revenues from continuing operations declined 1%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Clariant-confirms-outlook-on-improved-second-quarter-results_62794.html
July 30, 2014
Bayer today reported a 13.3% rise in second-quarter net income, to €953 million ($1.28 billion), on 1% higher sales of €10.5 billion. Ebitda before special items was down...
http://www.chemweek.com/people_and_business/earnings_finance/Bayer-reports-higher-income-and-revenue-upholds-full-year-forecast_62793.html
July 30, 2014
NewMarket (Richmond, VA) reports net income for the second quarter of $66.8 million, up 4% year-over-year (YOY), on sales of $620 million, up 6% YOY. Earnings per share of $5.24 beat analysts’ consensus estimate of $5.02....
http://www.chemweek.com/people_and_business/earnings_finance/NewMarkets-profits-up-4-percent-beats-street-estimates_62790.html
July 29, 2014
Chemtura today reported second-quarter earnings up 59% year-on-year (YOY), to $43 million, on sales up 3%, to $609 million. Earnings from continuing operations totaled $30 million, or...
http://www.chemweek.com/people_and_business/earnings_finance/Chemtura-misses-estimates-despite-higher-sales_62791.html
July 29, 2014
Ecolab today reported adjusted net income up 46% year-on-year (YOY), to $311.4 million, on net sales up 7%, to $3.57 billion. Adjusted income totaled $1.03/share, slightly ahead of...
http://www.chemweek.com/people_and_business/earnings_finance/Ecolab-beats-estimates-on-solid-sales-growth-narrows-guidance_62777.html
July 29, 2014
BP's petrochemicals business posted an underlying loss before interest and tax of $98 million in the second quarter on a replacement cost (RC) basis compared with an underlying RC loss...
http://www.chemweek.com/people_and_business/earnings_finance/BPs-petchem-loss-widens_62773.html
July 29, 2014
Elementis today announced its interim six-month results, reporting a 5% rise in operating profit, to $76.8 million. Sales were up 3%, to $400 million, while operating margin, at 19%...
http://www.chemweek.com/people_and_business/earnings_finance/Elementiss-profits-and-revenues-rise_62769.html
July 29, 2014
Linde (Munich), the gases and engineering group, today reported a 4.3% drop in second-quarter adjusted operating profit, to €969 million ($1.30 billion), on 1.3% lower revenues of...
http://www.chemweek.com/people_and_business/earnings_finance/Linde-reports-lower-profits-and-revenues-confirms-outlook_62768.html
July 28, 2014
Eastman Chemical reports net earnings of $292 million, 9.8% higher year-on-year (YOY). Adjusted earnings of $1.92/share were 14.2% higher YOY and beat a $1.84/share consensus of...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-beats-estimates-reaffirms-2014-outlook_62764.html
July 28, 2014
Paints and coatings company Tikkurila (Helsinki) says its profitability for the first half of 2014 was “good despite weak demand in Russia.” First-half revenue was...
http://www.chemweek.com/people_and_business/earnings_finance/Tikkurila-sales-fall-7-4-percent-in-second-quarter-EPS-increases-slightly_62759.html
July 28, 2014
Credit ratings agency Standard and Poor’s (S&P; New York) has downgraded the credit rating of coatings and composites maker Reichhold Industries (Durham, NC), to CCC- from...
http://www.chemweek.com/people_and_business/earnings_finance/S-and-P-downgrades-Reichhold-debt-default-a-possibility_62758.html
July 28, 2014
Repsol (Madrid) has posted net income of €520 million ($698.4 million) in the second quarter, an increase of 95% from the year-earlier period. Net income from downstream...
http://www.chemweek.com/people_and_business/earnings_finance/Repsol-reports-higher-earnings-new-leadership-in-place_62732.html
July 28, 2014
Hitachi Chemical (Tokyo) says it has signed a letter of intent with Chau-Hai Chen Group (Taipei) to raise its stake in CSB Battery (Taipei), a producer of lead-acid batteries, by 26%...
http://www.chemweek.com/people_and_business/earnings_finance/Hitachi-Chemical-to-raise-stake-in-CSB-Battery-reports-higher-revenues_62733.html
July 28, 2014
RPM today reported fiscal fourth-quarter net income up 66.4% year-on-year (YOY), to $108.8 million, on sales up 9.1%, to $1.28 billion. On an adjusted basis—excluding some...
http://www.chemweek.com/people_and_business/earnings_finance/RPM-earnings-rise-subsidiary-agrees-to-settle-asbestos-claims_62746.html
July 28, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 16 out of 20 this week. Thus, we continue to post a green banner. Chemical Activity Barometer (CAB) up 0.4%; up 4.4% Y/Y...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-25-July-2014_62747.html
July 28, 2014
Compass Minerals today reported its second-quarter results, posting a loss of $700,000 in earnings, down from a $10.6-million gain year-on-year (YOY). An earnings per share loss of 2...
http://www.chemweek.com/people_and_business/earnings_finance/Compass-Minerals-reports-loss-on-weak-salt_62744.html
July 25, 2014
Dow Chemical's second-quarter results beat estimates as margins improved in its performance plastics segment and sales increased across all of the company's business segments. Dow...
http://www.chemweek.com/people_and_business/earnings_finance/Dow-beats-estimates_62660.html
July 25, 2014
BASF today reported a 12.3% increase in second-quarter net income, to €1.3 billion ($1.7 billion), on 0.6% higher sales, €18.5 billion. Ebitda was up 9.0%, to €2.7...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-reports-higher-earnings-on-flat-sales-confirms-outlook_62685.html
July 25, 2014
LyondellBasell Industries reports record earnings for the second quarter of $2.22/share, well above the analysts’ consensus estimate of $1.92/share as reported by Thomson Reuters (New York). Gains were broadly distributed across the business....
http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-reports-record-quarter-as-net-income-increases-27-percent_62721.html
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