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Archives :: People & Business :: Earnings/Finance
Displaying 21 - 40 of 3791 stories.
May 21, 2013
Dynea (Helsinki) has formed a company, Dynea North (Lillestrøm, Norway), focused on the specialty wood adhesives market in Europe. The new firm includes Dynea assets in Norway...http://www.chemweek.com/people_and_business/earnings_finance/Dynea-forms-new-unit_52105.html May 21, 2013
India is cutting subsidies on phosphate and potash fertilizers in the fiscal year that began on 1 April in an effort to reduce its fiscal deficit. The Indian government announced...http://www.chemweek.com/people_and_business/earnings_finance/India-cuts-phosphate-and-potash-subsidies_52101.html May 21, 2013
Lanxess reports first-quarter sales of €2.1 billion ($2.7 billion), a 12% decline year-on-year, and a pre-exceptional Ebitda of €174 million, a fall of 53%. The company, as...http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-earnings-drop-cost-cutting-planned_52100.html May 21, 2013
Late-reporting specialty chemical companies mostly report solid earnings, since the US construction rebound lifted Valspar’s results and IFF benefitted from low raw materials...http://www.chemweek.com/people_and_business/earnings_finance/Specialty-earnings-mostly-solid-on-steady-sales_52097.html May 21, 2013
Kemira has announced several major restructuring measures and issued profitability and sales targets for 2016. The measures are in addition to the company’s Fit for Growth...http://www.chemweek.com/people_and_business/earnings_finance/Kemira-plans-further-restructuring-announces-financial-targets-for-2016_52095.html May 21, 2013
Most leading Japanese chemical companies reported lower earnings and sales for the fiscal year, ended 31 March. The slowing global economy; weak demand in overseas markets, including...http://www.chemweek.com/people_and_business/earnings_finance/Japanese-companies-report-lower-earnings_52092.html May 21, 2013
Styron Europe (Horgen, Switzerland), a leader in the production of styrene butadiene (SB) latex, says it has reduced SB latex capacity for an indefinite period in Europe. Styron cut...http://www.chemweek.com/people_and_business/earnings_finance/Styron-lowers-latex-capacity-on-declining-demand_52090.html May 21, 2013
Evonik Industries reports a 7% rise in first-quarter net profit, to €289 million ($373 million), on a 4% decline in sales, to €3.26 billion, due to the divestment of 2 small...http://www.chemweek.com/people_and_business/earnings_finance/Evonik-raises-profit-and-confirms-2013-guidance-to-exit-real-estate_52089.html May 21, 2013
DSM says that it has signed agreements to acquire a 19% equity interest in Yantai Andre Pectin (Yantai, China), a producer of texturing ingredients. Financial terms were not disclosed...http://www.chemweek.com/people_and_business/earnings_finance/DSM-buys-stake-in-pectins-maker_52083.html May 21, 2013
As natural gas prices have rebounded, the oil field chemicals sector is attracting ever-greater interest from specialty chemical companies, producers and analysts say. Natural gas prices bottomed out last year and are now in the $4/million Btu range, says Ray Will, senior consultant/specialty chemicals update program with IHS Chemical....http://www.chemweek.com/people_and_business/earnings_finance/Rising-consumption-of-natural-gas-backs-big-growth_52081.html May 21, 2013
A final resolution has been completed in the K-Dow arbitration between Dow Chemical and the Petrochemical Industries Company (PIC; Kuwait City, Kuwait), with Dow confirming on 7 May...http://www.chemweek.com/people_and_business/earnings_finance/Dow-awarded-final-$2-2-billion-payment-in-K-Dow-arbitration_52079.html May 21, 2013
Solazyme (San Francisco) and AkzoNobel have entered into an agreement to develop ingredients for Akzo’s surfactants and coatings products using Solazyme’s algae-based...http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-Solazyme-ink-oils-pact_52067.html May 21, 2013
European margins for caprolactam could swing back to a loss since fundamentals for May are expected to be unfavorable, IHS Chemical says in its latest Global Nylon Fibers &...http://www.chemweek.com/people_and_business/earnings_finance/European-caprolactam-margins-come-under-pressure_52059.html May 21, 2013
Mosaic has decided to delay, by one to two years, the expansion of its Saskatchewan potash mines, CFO Lawrence Stranghoener said recently. The company is deferring the final 2-million...http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-delays-Saskatchewan-potash-expansion-on-poor-markets_52057.html May 21, 2013
Ashland has entered into a $150-million accelerated share buyback program, with Citibank acting as the broker. Under the agreement, Citibank will deliver 1.3 million Ashland shares...http://www.chemweek.com/people_and_business/earnings_finance/Ashland-launches-accelerated-share-buyback_52206.html May 21, 2013
The chemical industry is among the top 5 industries in terms of value creation, having generated nearly twice the total shareholder return (TSR) than a 21-industry average from...http://www.chemweek.com/people_and_business/earnings_finance/Chemical-industry-leads-in-shareholder-return_52201.html May 20, 2013
Kaneka (Osaka) recorded a 72.6% rise in net profits for its fiscal year ended 31 March compared with the previous fiscal year, to ¥9.32 billion ($91 million). Full-year sales...http://www.chemweek.com/people_and_business/earnings_finance/Kaneka-records-rise-in-profits_52166.html May 16, 2013
The adjusted earnings per share loss of 45 cts fell short of the analyst consensus estimated loss of 21 cts/share....http://www.chemweek.com/people_and_business/earnings_finance/Tronox-reports-first-quarter-loss-but-growing-TiO2-volumes_51894.html May 16, 2013
Oxiteno, the specialty chemicals arm of Ultrapar (São Paulo), achieved an Ebitda of 81 million Reais ($40 million) during the first quarter of 2013 compared with the same...http://www.chemweek.com/people_and_business/earnings_finance/Oxitenos-Ebitda-increases-21-percent-supported-by-weaker-currency-and-higher-volumes_52049.html May 16, 2013
Garrett:North American expansion will help push restructuring in Europe. Borealis today reported a major drop in first-quarter net profit to €61 million ($78.5 million)...http://www.chemweek.com/people_and_business/earnings_finance/Borealiss-first-quarter-profit-down-Borouges-contribution-shrinks-due-to-turnaround_52045.html |
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