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August 12, 2014
Haldor Topsoe today announced plans to close a fuel cell subsidiary that focuses on developing and commercializing components and technology for high-temperature solid oxide fuel cells...
http://www.chemweek.com/people_and_business/earnings_finance/Haldor-Topsoe-closing-subsidiary-because-of-sales-earnings-drops_63119.html
August 12, 2014
The petrochemical business of Gail India (New Delhi), a natural gas company, reports a 10% fall in sales in the fiscal first quarter, ended 30 June, compared with the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Gails-petchem-business-reports-fall-in-sales_63116.html
August 11, 2014
Kinder Morgan, Inc. (KMI) announced today that it is buying out its two master limited partnerships (MLPs) – Kinder Morgan Energy Partners (KMP) and El Paso Pipeline Partners...
http://www.chemweek.com/people_and_business/earnings_finance/Kinder-Morgan-to-buy-out-its-MLPs-in-$71-billion-deal_63115.html
August 11, 2014
Adama Agricultural Solutions (Tel Aviv), formerly Makhteshim Agan, on Sunday reported a 23.5% increase in net income and a 9% rise in sales in the second quarter of this year, to...
http://www.chemweek.com/people_and_business/earnings_finance/Adama-reports-higher-sales-and-earnings-plans-New-York-listing_63099.html
August 11, 2014
Petronas Chemicals (Kuala Lumpur) reports a 44.7% fall in profits for the second quarter of 2014 compared with the second quarter of 2013, to 585 million ringgit ($183 million), due to...
http://www.chemweek.com/people_and_business/earnings_finance/Petronas-Chemicals-reports-fall-in-profits-and-sales_63103.html
August 11, 2014
Synthomer (Harlow, UK) posted a 7% decline in pretax profit for the first half of 2014 compared with the corresponding period of last year, to £45 million, on sales down 9%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Synthomer-posts-lower-earnings-and-sales-on-strong-UK-currency-weak-Asian-nitriles_63102.html
August 8, 2014
Calgon Carbon today reported earnings up 17.2% year-on-year (YOY), to $15.2 million, or 28 cts/share, on sales up 3.3%, to $145.1 million. Earnings totaled 28 cts/share, matching...
http://www.chemweek.com/people_and_business/earnings_finance/Calgon-Carbon-earnings-rise-on-higher-sales_63088.html
August 8, 2014
Yacimientos Petroliferos Fiscales' (YPF; Buenos Aires) sales of petrochemical products—domestic and exports—totaled 1.48 billion Argentine pesos ($178.3 million) in the...
http://www.chemweek.com/people_and_business/earnings_finance/YPFs-petrochemical-sales-up-23-percent-on-higher-peso-denominated-prices_63086.html
August 8, 2014
Specialty chemicals company Altana (Wesel, Germany) says it increased earnings in first-half 2014 to €985 million ($1.32 billion) compared with €887 million a year ago, an...
http://www.chemweek.com/people_and_business/earnings_finance/Altana-sales-and-Ebitda-rise-in-first-half-2014_63084.html
August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/people_and_business/earnings_finance/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 8, 2014
Kronos Worldwide (Dallas) reports second-quarter income of $33.1 million, reversing a year-ago loss of $33.9 million. Sales declined 8% year-over-year (YOY), to $443.5 million, the result of lower prices and volumes, the company says. Earnings per share totaled 29 cts....
http://www.chemweek.com/people_and_business/earnings_finance/Kronos-swings-to-$33-million-profit-on-lower-costs_63072.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/people_and_business/earnings_finance/Minerals-Technologies-beats-estimates_63076.html
August 7, 2014
Biobased succinic acid firm BioAmber (Minneapolis) reports a net loss of $14.1 million for its fiscal second quarter, compared to a net loss of $7.2 million in the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/BioAmber-reports-loss-says-Sarnia-plant-is-85-percent-complete_63074.html
August 7, 2014
Braskem reported 124 million reais ($54.3 million) in net profit for the second quarter, compared with a R$125-million loss one year earlier, according to the company's results...
http://www.chemweek.com/people_and_business/earnings_finance/Braskem-swings-to-a-net-profit_63056.html
August 7, 2014
Taminco today announced a second-quarter profit of $14 million, compared with a loss of $13 million in the year-ago quarter, on sales up 21% year-on-year (YOY), to $370 million...
http://www.chemweek.com/people_and_business/earnings_finance/Taminco-beats-estimates-on-solid-amines-results_63058.html
August 7, 2014
Agrium reports net earnings of $625 million for the second quarter, down 15% year-over-year (YOY) with earnings per share of $4.34/share surpassing analyst estimates of $4.11/share, as...
http://www.chemweek.com/people_and_business/earnings_finance/Agrium-posts-strong-results-on-improved-retail-business_63054.html
August 7, 2014
CF Industries says net earnings of $312.6 million for the second quarter were down 37% year-over-year (YOY) on sales of $1.5 billion down 12% YOY. Earnings per share of $6.10/share...
http://www.chemweek.com/people_and_business/earnings_finance/CF-Industries-sales-earnings-down_63055.html
August 7, 2014
Koppers Holdings (Pittsburgh, PA) says lower volumes and prices reduced both sales and income for the second quarter. Net income totaled $1.6 million, down 89% year-over-year (YOY) from $14.7 million, while sales totaled $356.8 million, a 4% YOY decline. Adjusted earnings totaled $8.1 million, or 39 cts/share, down 44% YOY and short of the analysts’ consensus estimate of 61 cts/share....
http://www.chemweek.com/people_and_business/earnings_finance/Koppers-income-drops-89-percent-YOY-on-volume-prices_63053.html
August 7, 2014
Tronox has reported its second quarter results, posting a narrower adjusted net loss of less than $100,000, compared to an adjusted net loss of $15 million year-over-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/Tronox-posts-narrower-loss_63052.html
August 7, 2014
Brenntag posted second-quarter profit after tax of €81 million, up 17% compared with the corresponding period of last year, on sales down almost 2%, to €2.5 billion. Gross...
http://www.chemweek.com/people_and_business/earnings_finance/Brenntag-posts-higher-second-quarter-profits-forecasts-full-year-earnings-increase_63050.html
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