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September 3, 2014
Lehigh Technologies (Atlanta), a maker of micronized rubber powder (MRP) from tire scrap, announced today that it has $8 million in a recent funding round to support the...
http://www.chemweek.com/people_and_business/earnings_finance/Lehigh-Technologies-closes-$8-million-funding-round_63601.html
September 2, 2014
Uralchem (Moscow), one of the largest nitrogen fertilizer producers in Russia, today reported a major drop in earnings and revenues for the first six months of this year. Adjusted...
http://www.chemweek.com/people_and_business/earnings_finance/Uralchem-reports-major-drop-in-sales-and-earnings-in-first-six-months_63579.html
September 2, 2014
Accella Performance Materials (St. Louis), a portfolio company of Arsenal Capital (New York), has purchased Zeus Tyrefill Systems (Dortmund, Germany) for an undisclosed sum, the...
http://www.chemweek.com/people_and_business/earnings_finance/Arsenals-Accella-buys-German-tire-materials-firm_63564.html
September 2, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 18 out of 20 this week. Thus, we continue to post a green banner. Chemical Activity Barometer (CAB) up 0.2%; up 4.3% Y/Y...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-29-August-2014_63578.html
August 29, 2014
Uralkali (Berezniki, Russia), a leading global producer of potash, today reported a 7% drop in net profit in the first six months of the year to $370 million on 7% higher revenue of...
http://www.chemweek.com/people_and_business/earnings_finance/Uralkali-reports-lower-profits-on-higher-sales-as-potash-markets-stabilize_63451.html
August 28, 2014
Silicones and quartz producer Momentive Performance Materials (MPM) says the US Bankruptcy Court for the Southern District of New York is likely to confirm the company’s...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-Performance-Materials-moves-closer-to-Chapter-11-exit_63462.html
August 28, 2014
Keyuan Petrochemicals (Ningbo, China) reports a net loss of about $1 million for the quarter ended 30 June compared with a net loss of $500,000 in the year-ago quarter due to a foreign...
http://www.chemweek.com/people_and_business/earnings_finance/Keyuan-Petrochemicals-widens-loss-in-second-quarter_63452.html
August 28, 2014
PetroChina’s refining and chemicals business reports an operating loss of 3.43 billion renminbi ($559 million) in the first half of 2014 compared with an operating loss of...
http://www.chemweek.com/people_and_business/earnings_finance/PetroChinas-chemicals-business-narrows-loss_63448.html
August 27, 2014
Tessenderlo Group reports a net profit of €27.7 million ($36.5 million) for the first half of the year compared with a €35.1-million net loss in the first half of 2013...
http://www.chemweek.com/people_and_business/earnings_finance/Tessenderlo-swings-to-profit-during-first-half_63417.html
August 27, 2014
Sociedad Química y Minera de Chile (SQM; Santiago) reports a net profit of $71.1 million for the second quarter, down almost 35% year-on-year (YOY). Pretax profit also fell, to...
http://www.chemweek.com/people_and_business/earnings_finance/SQMs-second-quarter-net-profit-drops-almost-35-percent_63410.html
August 26, 2014
Sinopec’s chemicals business reports an operating loss of 3.96 billion renminbi ($645 million) in the first six months of 2014 compared with a loss of Rmb409 million in the first...
http://www.chemweek.com/people_and_business/earnings_finance/Sinopecs-chemicals-business-loss-widens_63384.html
August 25, 2014
Westlake Chemical (Houston) says its board of directors has declared a dividend of 16.5 cts/share, an increase of 31% over the 12.6 cts/share paid during the second quarter of 2014....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-boosts-dividend-by-31-percent_63367.html
August 22, 2014
Siegfried (Zofingen, Switzerland) reports a 1.6% rise in net profits for the first six months of 2014 compared with the year-ago period, to 18.8 million Swiss francs ($20.5 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Siegfried-reports-a-slight-increase-in-profits_63355.html
August 22, 2014
Axalta, the former automotive coatings business of DuPont, has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering....
http://www.chemweek.com/people_and_business/earnings_finance/Carlyles-Axalta-files-for-IPO_63347.html
August 21, 2014
PhosAgro (Moscow), a fertilizer major, today reported net profit increased 70% in the first six months of the year, to 8.1 billion Russian rubles ($231 million), on 6% higher sales of...
http://www.chemweek.com/people_and_business/earnings_finance/PhosAgro-results-benefit-from-strong-global-fertilizer-demand_63330.html
August 21, 2014
Lenzing today reported Ebitda declined 29%, to €91.1 million ($121.9 million), in the first six months of 2014 on 9.1% lower sales of €900.0 million. Ebitda margin declined...
http://www.chemweek.com/people_and_business/earnings_finance/Lenzing-reports-lower-sales-and-earnings-speeds-up-savings-plan_63328.html
August 20, 2014
Vopak posted a 15% fall in net profit for the first half of 2014 compared with the corresponding period of last year, to €138 million, on flat sales of €647 million. Ebitda...
http://www.chemweek.com/people_and_business/earnings_finance/Strong-euro-dents-Vopaks-profits_63314.html
August 20, 2014
Frutarom (Haifa, Israel), a producer of flavors and fragrances, today reported second-quarter net income rose 44.5%, to $25.5 million, on 29% higher sales of $218.1 million. Ebitda was...
http://www.chemweek.com/people_and_business/earnings_finance/Acquisitions-help-lift-Frutaroms-revenues-and-earnings_63308.html
August 19, 2014
PhosAgro (Moscow), says that its board of directors today reviewed the company’s interim consolidated financial results for the first six months of the year and Andrey Guryev...
http://www.chemweek.com/people_and_business/earnings_finance/PhosAgro-outlines-strategy-ups-fertilizer-sales-de-emphasizes-Indian-market_63293.html
August 19, 2014
 Grupa Azoty (Tarnów), Poland’s leading chemical enterprise reports a major decline in second quarter net profit and Ebitda. Net profit fell to 86 million Polish...
http://www.chemweek.com/people_and_business/earnings_finance/Grupa-Azoty-reports-lower-sales-and-earnings-placed-on-Polands-strategic-enterprises-list_63288.html
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