IHS Chemical Week

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February 25, 2015
Kraton Performance Polymers reports a loss for the fourth quarter $17.4 million  compared with net profit of $4.9 million in the same year-ago quarter on inventory revaluation. Sales totaled $276 million, down 4.9% YOY on currency effects, the company says. Adjusted earnings of 16 cts/share beat the analysts’ consensus estimate of a 4-ct/share loss, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Kraton-swings-to-loss-but-beats-analyst-estimates_68080.html
February 25, 2015
Olefins and derivatives producer TVK (Tiszaújváros, Hungary) posted big year-on-year (YOY) increases in earnings for the fourth quarter of 2014. Net profit soared to...
http://www.chemweek.com/people_and_business/earnings_finance/TVK-posts-big-profit-gains-prepares-to-start-up-new-butadiene-unit_68073.html
February 25, 2015
Westlake reports net income for the fourth quarter of $183 million, up 7% year-over-year (YOY) from $171 million on the advantage of converting from propane to ethane feedstock. Net sales increased 19% YOY to $1.1 billion, mainly on the contribution of Vinnolit Holdings, which Westlake acquired in the third quarter. Earnings of $1.37/share were just shy of the analysts’ consensus of $1.38/share reported by Thomson Reuters (New York) owing to the 3 cnt/share impairment of an equity investment....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-net-income-up-7-percent-on-feedstock-costs_68045.html
February 24, 2015
Renewable chemical and fuel firm Amyris (Emeryville, CA) reports net income of $58 million for its fiscal fourth quarter, up from a loss of $139.4 million in the year-ago quarter. The...
http://www.chemweek.com/people_and_business/earnings_finance/Amyris-expects-to-more-than-double-sales-in-2015_68062.html
February 24, 2015
Alpek (Monterrey, Mexico) reported a net loss of $25 million during the fourth quarter of 2014 compared with a $9-million loss in the fourth quarter of 2013. The quarterly loss...
http://www.chemweek.com/people_and_business/earnings_finance/Alpeks-loss-widens-in-fourth-quarter-exits-Russian-JV_68051.html
February 24, 2015
Croda's (Goole, UK) revenue for the fourth quarter of 2014 was £250.2 million ($385.3 million), up 1.5% year-on-year, the company announced today. Sales by the consumer-care...
http://www.chemweek.com/people_and_business/earnings_finance/Crodas-sales-up-in-the-fourth-quarter-despite-currency-effects_68037.html
February 24, 2015
ACC’s Chemical Activity Barometer (CAB), a leading economic indicator index developed by ACC’s economics department, dipped 0.2% in February, as measured on a three-month...
http://www.chemweek.com/people_and_business/earnings_finance/ACC-Severe-weather-a-drag-on-February-chemical-activity_68041.html
February 24, 2015
Westlake Chemical Partners LP (Houston) reports net income of $8.6 million on sales of $274 million for the fourth quarter of 2014. The period was the first full quarter for the business, a master limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities. Earnings of 32 cts per limited partner unit were short of the analysts’ consensus estimate of 34 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-ethylene-MLP-reports-net-income-of-$8-6-million-for-its-first-full-quarter_68048.html
February 24, 2015
Specialty chemicals producer Elementis (London) today announced its results for 2014. Group sales were 2% higher than a year ago, reaching $790.4 million with no material impact from...
http://www.chemweek.com/people_and_business/earnings_finance/Elementis-reports-higher-sales-and-earnings_68030.html
February 24, 2015
Agrium reports fourth-quarter net earnings of $51 million, down 48.5% year-on-year, on sales down 5.6% YOY, to $2.7 billion. Wholesale sales for the fourth quarter decreased YOY as a...
http://www.chemweek.com/people_and_business/earnings_finance/Agrium-adjusted-profits-fall-10-percent-but-beat-estimates_68046.html
February 24, 2015
Valspar today reported fiscal first-quarter net income that almost doubled year-on-year (YOY), to $104 million, on net sales up 4%, to $992 million. Adjusted net income rose 16.4% YOY...
http://www.chemweek.com/people_and_business/earnings_finance/Valspar-beats-estimates-but-cuts-full-year-sales-guidance_68047.html
February 20, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
http://www.chemweek.com/people_and_business/earnings_finance/Omnova-and-Barington-reach-agreement-on-board-seats_67977.html
February 20, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) has announced sales of €875,000 ($997,000) in fourth-quarter 2014, compared €375,000 in the...
http://www.chemweek.com/people_and_business/earnings_finance/METabolic-EXplorer-announces-sales-of-$997000-in-fourth-quarter-2014_67968.html
February 20, 2015
Indorama Ventures (Bangkok) reports a net loss of 890 million baht ($27.3 million) for the fourth quarter of 2014, compared with a net loss of baht456 million in the fourth quarter of...
http://www.chemweek.com/people_and_business/earnings_finance/Indorama-widens-fourth-quarter-loss-looking-at-acquisitions-worth-over-$1-billion-this-year_67970.html
February 20, 2015
Axiall reports a net loss of $13.8 million for the fourth quarter, a sharp drop year-over-year (YOY) from $57 million. Net sales were flat YOY at $1.1 billion. Adjusted earnings per share of 19 cts beat the mean analysts’ estimate of 16 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Axiall-swings-to-loss-but-beats-estimates_67912.html
February 19, 2015
Calgon Carbon has reported fourth quarter net income up 10% year-on-year (YOY), to $12.1 million, on sales up 5.7%, to $140.6 million. The activated carbon segment, which constitutes...
http://www.chemweek.com/people_and_business/earnings_finance/Calgon-Carbon-earnings-rise-on-strong-activated-carbon-sales_67901.html
February 19, 2015
OMV (Vienna) says that operating profit at its petrochemicals business slipped in the fourth quarter of 2014 to €21 million, from €25 million in the corresponding quarter of...
http://www.chemweek.com/people_and_business/earnings_finance/OMVs-petchem-profit-slips_67888.html
February 19, 2015
The winners of a £20-million ($31 million) competition to bring innovative biotechnology projects to market have been announced this week. A total of 23 projects, ranging from...
http://www.chemweek.com/people_and_business/earnings_finance/Winners-of-$31-million-UK-industrial-biotechnology-competition-announced_67886.html
February 19, 2015
Huntsman reports a loss of $38 million for the fourth quarter of 2014, down 190% year-over-year (YOY) from profit of $41 million on lower earnings from the pigment and additives division. Sales for the quarter totaled $2.95 billion, up 9% YOY from $2.70 billion. Adjusted diluted income of 33 cts/share missed the mean analysts’ estimate of 37 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-swings-to-$38-million-loss-misses-estimates_67862.html
February 19, 2015
Polymer resins producer Nuplex Industries (Auckland) says net profits for the company’s fiscal first half, ended 31 December 2014 more than tripled, compared with the first half...
http://www.chemweek.com/people_and_business/earnings_finance/Nuplex-reports-huge-rise-in-profits_67887.html
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