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August 19, 2015
Enzyme developer Agrivida (Medford, MA) says it has completed a $23-million, Series-D financing to advance the development and commercialization of its GraINzyme feed additive enzymes...
http://www.chemweek.com/people_and_business/earnings_finance/Agrivida-completes-$23-million-financing_73054.html
August 17, 2015
PhosAgro (Moscow), a leading phosphate fertilizer producer, recorded a 9.7% year-on-year increase in fertilizer production and sales in the first half of the year, to 3.4 million m.t...
http://www.chemweek.com/people_and_business/earnings_finance/PhosAgro-raises-fertilizer-output_73017.html
August 17, 2015
Fertilizer major EuroChem (Zug, Switzerland) on Monday reported consolidated second-quarter revenues of $1.14 billion and Ebitda of $318 million, down 15% and 1% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/EuroChem-reports-lower-second-quarter-revenues-and-profits_73016.html
August 14, 2015
Momentive Performance Materials (MPM) has reported second-quarter net income of $12 million compared with a loss of $106 million, on sales down 5% year-on-year (YOY), to $602 million...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-Performance-Materials-swings-to-profit_72996.html
August 14, 2015
Plastic additives producer Songwon Industrial (Ulsan, South Korea) has posted huge increases in profits for the second quarter on higher selling prices and lower feedstock costs. Net...
http://www.chemweek.com/people_and_business/earnings_finance/Songwons-profits-surge-on-higher-prices-cheaper-raw-materials_72993.html
August 14, 2015
Specialty chemicals and food ingredients distributor IMCD (Rotterdam) says that its net profit before amortization and nonrecurring items almost tripled year-on-year (YOY) in the...
http://www.chemweek.com/people_and_business/earnings_finance/Distributor-IMCD-posts-higher-earnings-sales_72990.html
August 14, 2015
Indo Rama Synthetics (Gurgaon, India) on Friday reported a major drop in first-quarter revenues and profits, citing the continuous fall in global crude oil prices with a knock-on...
http://www.chemweek.com/people_and_business/earnings_finance/Low-prices-hurt-Indo-Rama-Synthetics-results_72987.html
August 13, 2015
Holding company Platform Specialty Products today reported a second-quarter net loss of $12.2 million, compared with a $400,000 loss in the year-ago quarter, on sales that more than...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-results-hit-by-strong-US-dollar-ag-weakness_72924.html
August 13, 2015
Haldor Topsoe (Lyngby, Denmark) on Thursday reported group sales of 2.83 billion Danish krone ($422.0 million), in the first six months of the year, an increase of 5% but a decline of...
http://www.chemweek.com/people_and_business/earnings_finance/Haldor-Topsoe-announces-layoffs-as-profits-fall_72923.html
August 13, 2015
Borealis (Vienna), Europe’s second-largest polyolefins producer and a growing player in fertilizers, on Thursday announced a more than doubling in second-quarter net profits, on...
http://www.chemweek.com/people_and_business/earnings_finance/Borealis-expects-best-year-in-history-economics-for-US-sales-into-Europe-have-changed_72920.html
August 13, 2015
K+S Group's (Kassel, Germany) quarter-two net income was up more than 44%% year-on-year (YOY), to €153.3 million ($170.4 million), the improvement in earnings due primarily to...
http://www.chemweek.com/people_and_business/earnings_finance/K+S-net-income-soars-on-exchange-rates-higher-sales-confirms-outlook_72917.html
August 12, 2015
Henkel on Wednesday reported double-digit second-quarter growth in both sales and earnings. “The main drivers were solid organic sales growth, last year’s acquisitions...
http://www.chemweek.com/people_and_business/earnings_finance/Henkel-achieves-solid-earnings-enters-Australia-New-Zealand-detergents-market_72888.html
August 12, 2015
Nova Chemicals reports profit of $148 million for the second quarter, down 11% year-over-year (YOY), on sales of $983 million, down 24% YOY. The company says lower selling prices for all products more than offset higher sales volumes for ethylene and polyethylene—and lower feedstock costs—and operating profits increased in olefins-polyolefins as well as expandable styrenics....
http://www.chemweek.com/people_and_business/earnings_finance/Nova-profits-fall-on-lower-selling-prices_72895.html
August 12, 2015
Hexion has reported a second-quarter net loss of $2 million, compared with a loss of $22 million in the year-ago quarter, on sales down 19% year-on-year (YOY), to $1.09 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Hexion-net-loss-narrows_72893.html
August 12, 2015
Israel Chemicals (ICL; Tel Aviv) on Wednesday reported a 22% drop in second-quarter sales to $1.2 billion citing strike at two plants in Israel. Operating income in the second quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Strike-at-two-plants-hurts-ICLs-second-quarter-results_72891.html
August 11, 2015
Synthomer, in its interim results for the six months ended 30 June 2015, reports sales, including its share of joint ventures, of £468.7 million ($731.4 million) compared with...
http://www.chemweek.com/people_and_business/earnings_finance/Synthomer-reports-slide-in-first-half-sales-higher-profit_72866.html
August 11, 2015
Adama Agricultural Solutions (Tel Aviv), the leading off-patent supplier of crop protection agents, on Tuesday reported its financial results for the second quarter and first half of...
http://www.chemweek.com/people_and_business/earnings_finance/Adama-second-quarter-results-hurt-by-currencies-markets_72864.html
August 11, 2015
International Flavors and Fragrances (IFF) has reported second-quarter net income down 4% year-on-year (YOY), to $105.4 million, or $1.30/share, on sales down 3%, to $767.5 million...
http://www.chemweek.com/people_and_business/earnings_finance/IFF-income-falls-due-to-strong-dollar_72871.html
August 11, 2015
Sumitomo Chemical says net profits for its fiscal first quarter, ended 30 June 2015, more than doubled compared with the year-ago period, to ¥33.95 billion ($272 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Sumitomo-Chemical-reports-higher-profits-flat-sales_72646.html
August 10, 2015
OCI Partners (Nederland, TX) reports second-quarter net income of $13 million, down 68% year-on-year (YOY), on revenues of $80 million, down 29% YOY. A turnaround and expansion of the company’s ammonia and methanol plants, which began during the first quarter, was not completed until 24 April....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-Partners-net-income-down-on-turnaround_72845.html
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