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May 14, 2014
Momentive Specialty Chemicals (Columbus, OH) reports a first-quarter loss of $27 million versus a loss of $4 million in the year-ago period. Sales increased 8.5% year-on-year, to $1.29 billion, primarily reflecting increased volumes in Momentive's oilfield, specialty epoxy, North American formaldehyde, and Latin America forest products resins businesses, says the company....
http://www.chemweek.com/people_and_business/earnings_finance/Momentives-sales-increase-but-loss-deepens_61061.html
May 14, 2014
Styron (Berwyn, PA) reports first-quarter income of $17.1 million, compared with a loss of $9.7 million in the year-ago period. Sales totaled $1.36 billion, down 2.3% year-over-year (YOY) on lower selling prices, partly offset by higher volumes and favorable currency impact....
http://www.chemweek.com/people_and_business/earnings_finance/Styron-swings-to-$17-million-profit_61060.html
May 14, 2014
Potash producer K+S (Kassel, Germany) reports a 21% year-on-year (YOY) decrease in first-quarter Ebit, to €219.6 million ($301.6 million), mostly because of lower potash and...
http://www.chemweek.com/people_and_business/earnings_finance/K+Ss-Ebit-down-21-percent-on-lower-potash-and-magnesium-results-says-prices-are-stabilizing_61059.html
May 14, 2014
Borealis reports €102 million ($140.1 million) in net profit for the first quarter, growing about 67% year-on-year (YOY), driven by a better performance by the company's...
http://www.chemweek.com/people_and_business/earnings_finance/Borealiss-net-profit-grows-67-percent-driven-by-polyolefins_61056.html
May 14, 2014
Songwon Industrial (Ulsan, South Korea) has announced its preliminary, unaudited financial results for the first quarter, ended 31 March. Songwon reports a net loss of 4.88 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Songwon-swings-to-loss_61054.html
May 13, 2014
OCI Partners (Nederland, TX) reports net income of $29 million for the first quarter, down 36% year-on-year (YOY) on unplanned outages. Sales totaled $100 million, down 11% YOY. The company says it will issue a cash distribution of 41 cts/share....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-Partners-first-quarter-income-down-36-percent-on-outages_61042.html
May 13, 2014
Rentech Nitrogen Partners (Los Angeles) reports net income for the first quarter of $3.1 million, down 79% year-on-year (YOY). Earnings per share totaled 8 cts, well above analysts’ consensus estimate of 0 cts, as compiled by Thomson Reuters. Sales totaled $56.3 million, down 5.5% YOY, since a gain at Rentech’s Pasadena, TX, facility was offset by a decline at its East Dubuque, IL, facility....
http://www.chemweek.com/people_and_business/earnings_finance/Low-prices-drive-down-Rentech-Nitrogens-earnings_61033.html
May 13, 2014
Adama Agricultural Solutions (Tel Aviv), the former Makhteshim Agan Industries, says its net income increased 9% in the first quarter, to $99 million, compared with the same period...
http://www.chemweek.com/people_and_business/earnings_finance/Adama-posts-higher-profits-sales_61031.html
May 13, 2014
Mitsui Chemicals reports a net loss of ¥25.1 billion ($245 million) for the fiscal year, ended 31 March, compared with a net loss of ¥8.1 billion in the previous fiscal year...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsui-Chemicals-loss-widens_61023.html
May 13, 2014
Orica (Melbourne) reports a 7.7% fall in net profits for its fiscal first half, ended 31 March, compared with the corresponding period of the previous fiscal year, to A$242.1 million...
http://www.chemweek.com/people_and_business/earnings_finance/Orica-reports-fall-in-profits_61020.html
May 13, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits increased by 73.4% in the full fiscal year, ended 31 March, compared with the previous fiscal...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsubishi-Chemical-reports-huge-rise-in-profits_60982.html
May 12, 2014
Innospec today announced plans to launch a share buyback worth up to $20 million, which will occur on the open market and does not have an end date. "Having instituted a regular...
http://www.chemweek.com/people_and_business/earnings_finance/Innospec-launches-$20-million-share-buyback_61010.html
May 12, 2014
Indorama Ventures (Bangkok) reports a 12.6% fall in profits for the first quarter of 2014 compared with the first quarter of 2013, to 444 million baht ($13.6 million). First-quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Indorama-reports-fall-in-first-quarter-profits_60994.html
May 12, 2014
Ube Industries reports a 53.6% rise in net profits for its fiscal year ended 31 March compared with the previous fiscal year, to ¥12.6 billion ($123 million). Full-year sales...
http://www.chemweek.com/people_and_business/earnings_finance/Ube-reports-rise-in-profits-and-sales_60988.html
May 12, 2014
Sumitomo Chemical reports a net profit of ¥37.0 billion ($363 million) for the fiscal year, ended 31 March, compared with a net loss of ¥51.07 billion in the previous fiscal...
http://www.chemweek.com/people_and_business/earnings_finance/Sumitomo-Chemical-swings-to-profit-will-close-caprolactam-plant-in-Japan_60986.html
May 9, 2014
Odfjell posted a net loss of $23 million in the first quarter compared with a net loss of $13 million in the first quarter of 2013. Sales were $266 million, up from $256 million in the...
http://www.chemweek.com/people_and_business/earnings_finance/Odfjell-net-loss-widens-plans-restructuring_60964.html
May 9, 2014
Tosoh reports a 75.3% increase in net profits for its fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥29.6 billion ($291 million). Profits rose sharply...
http://www.chemweek.com/people_and_business/earnings_finance/Tosoh-reports-huge-rise-in-profits_60960.html
May 9, 2014
Repsol (Madrid) has reported a 27% rise in first-quarter net profit, to €807 million ($1.11 billion). Petrochemicals sales were also up 27%, reaching 653,000 m.t. The company a...
http://www.chemweek.com/people_and_business/earnings_finance/Repsol-reports-higher-income-in-first-quarter-petchem-sales-volumes-rise_60959.html
May 9, 2014
Teijin reports a net profit of ¥8.35 billion ($82 million) for the full fiscal year, ended 31 March 2014, compared with a net loss of ¥29.13 billion in the previous fiscal...
http://www.chemweek.com/people_and_business/earnings_finance/Teijin-swings-to-profit_60956.html
May 9, 2014
Asahi Kasei reports an 88.6% rise in net profits for the fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥101.2 billion ($996 million). Full-year sales...
http://www.chemweek.com/people_and_business/earnings_finance/Asahi-Kasei-reports-huge-rise-in-profits_60955.html
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