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January 21, 2014
‚ÄčNovozymes (Bagsvaerd, Denmark) today announced that it met or exceeded all its financial targets in 2013 following a good fourth quarter. Organic sales growth in 2013 was 7%, Ebit...
http://www.chemweek.com/people_and_business/earnings_finance/Novozymes-meets-targets-positive-on-2014_58149.html
January 21, 2014
DSM today reported preliminary, unaudited results for 2013 and provided an outlook for 2014. Final audited results will be published on 26 February. Fourth-quarter Ebitda excluding...
http://www.chemweek.com/people_and_business/earnings_finance/DSM-reports-preliminary-results-market-weakness-hurts-nutrition_58143.html
January 21, 2014
Kemira (Helsinki) today announced that it has lowered its operating Ebit guidance for the fourth quarter of 2013. The company previously said that, excluding nonrecurring items, it...
http://www.chemweek.com/people_and_business/earnings_finance/Kemira-lowers-fourth-quarter-guidance-announces-board-nominations_58142.html
January 20, 2014
Sabic on Sunday reported a 5.7% increase in fourth-quarter net profit, to 6.16 billion Saudi riyals ($1.64 billion). Gross profit was 1% higher, at SR13.82 billion, while operating...
http://www.chemweek.com/people_and_business/earnings_finance/Sabic-reports-higher-fourth-quarter-and-full-year-earnings_58111.html
January 20, 2014
Saudi Kayan, a Sabic affiliate; Alujain, parent of polypropylene (PP) producer Natpet; Sipchem; and Saudi Chemical Co., have announced better earning results in the fourth quarter of...
http://www.chemweek.com/people_and_business/earnings_finance/Saudi-firms-announce-improved-fourth-quarter-earnings_58124.html
January 17, 2014
Reliance Industries says net profits for its fiscal third quarter, ended 31 December 2013, increased 0.2% compared with the same period of the previous year, to about 55.11 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Reliance-Industries-reports-a-slight-increase-in-profits_58092.html
January 16, 2014
PPG today reported fourth-quarter net income from continuing operations up 33% year-on-year (YOY), to $254 million, or $1.78/share, on sales up 14%, to $3.7 billion. Adjusted earnings...
http://www.chemweek.com/people_and_business/earnings_finance/PPG-earnings-up-33-percent-beat-estimates-as-volumes-rise_58010.html
January 16, 2014
Sahara Petrochemical today reported a huge increase in quarterly profits citing improved performance at its Al Waha polypropylene (PP) production affiliate, which in the past was...
http://www.chemweek.com/people_and_business/earnings_finance/Saudi-polypropylene-producers-Sahara-and-Advanced-report-large-increase-in-profits_58008.html
January 15, 2014
H.B. Fuller today reported fiscal fourth-quarter earnings down 12% year-on-year (YOY) to $22 million, or 43 cts/share, on revenues up 4%, to $533.5 million. Excluding special charges...
http://www.chemweek.com/people_and_business/earnings_finance/H-B-Fuller-earnings-fall-short-of-estimates_57997.html
January 15, 2014
AkzoNobel says that its full-year 2013 operating income before incidental items is unlikely to exceed the €908 million ($1.2 billion) reported in 2012. This has been AkzoNobel's...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-Economic-environment-still-challenging-maintains-2013-operating-income-forecast_57799.html
January 14, 2014
The US Securities and Exchange Commission (SEC) announced today that a former Dow Chemical IT executive has agreed to pay $367,250 civil penalty to settle charges SEC charges of...
http://www.chemweek.com/people_and_business/earnings_finance/Former-Dow-executive-settles-SEC-charges_57967.html
January 14, 2014
Sika (Baar, Switzerland) says its 2013 sales were 5.14 billion Swiss francs ($5.7 billion), compared with SF4.83 billion in 2012, an increase of 9.4% in local currencies. The company...
http://www.chemweek.com/people_and_business/earnings_finance/Sika-reports-2013-sales-of-$5-7-billion-up-9-4-percent_57953.html
January 14, 2014
Uralkali (Berezniki, Russia), a leading global producer of potash, has announced its production results for fourth-quarter and full-year 2013. Uralkali produced 2.8 million m.t. of...
http://www.chemweek.com/people_and_business/earnings_finance/Uralkali-reports-higher-potash-production-in-fourth-quarter-full-year-2013_57947.html
January 13, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was unchanged at 17 out of 20 this week. Thus, we continue to post a green banner. Payroll Employment up 74,000 Unemployment...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-10-January-2014_57928.html
January 13, 2014
Yanbu National Petrochemical Co. (YanSab; Yanbu, Saudi Arabia) today reported a 31% drop in fourth-quarter net profit to 442.2 million Saudi riyals ($117.9 million). Gross profit was...
http://www.chemweek.com/people_and_business/earnings_finance/YanSab-Safco-report-lower-fourth-quarter-profits_57925.html
January 10, 2014
American Pacific (Ampac), the parent company of Ampac Fine Chemicals, announced today that it has entered into a definitive merger agreement to be acquired by investment...
http://www.chemweek.com/people_and_business/earnings_finance/H-I-G-reaches-deal-to-acquire-Ampac-for-$392-million_57899.html
January 9, 2014
Biochemical firm Myriant (Quincy, MA) has withdrawn its plans for a $125-million initial public offering, according to an SEC filing dated 8 January. The move comes shortly after PTT...
http://www.chemweek.com/people_and_business/earnings_finance/Myriant-withdraws-IPO_57845.html
January 8, 2014
Compass Minerals (Kansas City) released its deicing sales volume data for the fourth quartertoday, showing increased snow activity—which pushed its highway deicing sales volumes...
http://www.chemweek.com/people_and_business/earnings_finance/Compass-Minerals-reports-increased-deicing-sales-volumes-in-fourth-quarter_57818.html
January 8, 2014
Mosaic announced today that it has completed the previously announced purchase of shares from the Margaret A. Cargill Foundation and the Anne Ray Charitable Trust (MAC Trusts...
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-repurchases-over-21-million-Cargill-shares_57816.html
January 8, 2014
Arkema has cut its full-year 2013 Ebitda projection to about €900 million, from a forecast of €920 million announced by the company last November. The revised Ebitda figure...
http://www.chemweek.com/people_and_business/earnings_finance/Arkema-cuts-2013-Ebitda-projection_57819.html
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