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June 24, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Consumer Prices up 0.4%; up 2.1% Y/Y Housing Starts...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-20-June-2014_61993.html
June 19, 2014
Engineering and construction firm KBR today announced a net loss and lower revenues year-on-year in the first quarter. It reports a net loss of $43 million, down from a net income of...
http://www.chemweek.com/people_and_business/earnings_finance/KBR-to-review-operations-after-first-quarter-loss_61934.html
June 19, 2014
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, today announced an increase in first-quarter revenues and in production. The company has also agreed to...
http://www.chemweek.com/people_and_business/earnings_finance/Uralkali-reports-higher-revenue-and-potash-sales-despite-lower-prices_61931.html
June 18, 2014
Trinseo today announced that its initial public offering has closed on the New York Stock Exchange (NYSE), raising $197.3 million for the company. The company issued 11.5 million...
http://www.chemweek.com/people_and_business/earnings_finance/Trinseo-IPO-closes_61885.html
June 16, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 0.8%; up 5.0% Y/Y Retail Sales up...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-13-June-2014_61839.html
June 12, 2014
Trinseo, formerly Styron, shares today began trading on the New York Stock Exchange (NYSE) under the symbol “TSE,” at $19/share. The company announced earlier this month...
http://www.chemweek.com/people_and_business/earnings_finance/Trinseo-prices-shares-at-$19-begins-trading_61722.html
June 11, 2014
The RAG Foundation (Frankfurt), a public-sector trust, says it will reduce its stake in Evonik Industries to diversify its investment risks, according to Reuters reports. The...
http://www.chemweek.com/people_and_business/earnings_finance/Report-German-trust-to-cut-stake-in-Evonik_61556.html
June 11, 2014
Johnson Matthey (London) reports a 24.9% rise in profits for the company’s fiscal year, ended 31 March, compared with the previous fiscal year, to £338.7 million ($566...
http://www.chemweek.com/people_and_business/earnings_finance/Johnson-Matthey-reports-rise-in-profits-and-sales_61571.html
June 11, 2014
DuPont’s performance polymers segment announced today that it is increasing prices on its nylon-6,6 polymer and unreinforced nylon-6,6 resin globally on 1 July, or as contracts...
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-increases-nylon-resin-prices_61679.html
June 10, 2014
Sibur (Moscow), Russia’s largest petrochemicals producer, today reported a 263% increase in first-quarter profit, to 56.8 billion Russian rubles ($1.65 billion), on 21% higher...
http://www.chemweek.com/people_and_business/earnings_finance/Sibur-reports-big-increase-in-first-quarter-results-new-PP-plant-contributes_61641.html
June 9, 2014
MACROECONOMIC STATUS Our running tab of positive indicators rose to 14 out of 20 this week. We continue to post a green banner. Non-Farm Payrolls up 217,000 Unemployment Rate...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-6-June-2014_61627.html
June 9, 2014
KMG announced results for its third quarter ended 30 April, including lower electronics chemicals sales with strength in wood-treating chemicals. Net income of $1.2 million was down...
http://www.chemweek.com/people_and_business/earnings_finance/KMG-earnings-down-electronic-chemical-sales-up_61604.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/people_and_business/earnings_finance/Trinseo-launches-$180-million-IPO_61481.html
June 3, 2014
Lubricating oil additives and fluorochemicals maker Tianhe Chemicals (Jinzhou, China) is planning an IPO worth $636-$818 million, according to a Reuters report. The company plans to...
http://www.chemweek.com/people_and_business/earnings_finance/Report-Tianhe-Chemicals-planning-IPO-in-Hong-Kong_61534.html
June 2, 2014
Uralchem (Moscow), a leading fertilizer producer, reports a 21% decline in first-quarter operating profit, to 5.27 billion Russian rubles ($150.9 million), on 7% lower sales, R19.4...
http://www.chemweek.com/people_and_business/earnings_finance/Uralchem-reports-lower-earnings-and-revenues_61473.html
May 30, 2014
The petrochemicals business of Indian Oil (New Delhi) reports a 22.4% increase in sales in the fiscal fourth quarter ended 31 March 2014, compared with the year-ago quarter, to 53.55...
http://www.chemweek.com/people_and_business/earnings_finance/Indian-Oils-petrochemicals-business-reports-rise-in-sales-PP-project-approved_61445.html
May 28, 2014
Rockwood has completed the acquisition of a 49% stake in Talison Lithium (Perth, Australia), now a joint venture in which a 51% stake will be held by China’s Chengdu Tianqi...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-completes-acquisition-of-Talison-Lithium-stake_61360.html
May 27, 2014
Momentive Performance Materials (MPM) has been granted access to the full $570-million debtor-in-possession (DIP) financing facility by the US Bankruptcy Court for the Southern...
http://www.chemweek.com/people_and_business/earnings_finance/Court-grants-Momentive-Performance-Materials-access-to-bankruptcy-financing_61345.html
May 27, 2014
Airgas announced today that it is increasing prices on several products and equipment, effective 1 July. Prices on bulk and packaged industrial, medical and specialty gases will...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-increases-prices_61332.html
May 27, 2014
ACC today released its monthly chemical activity barometer (CAB)—with the indicator reaching its highest peak since February 2008, and its highest year-over-year (YOY) gain since...
http://www.chemweek.com/people_and_business/earnings_finance/ACC-CAB-reaches-highest-peak-since-2008_61333.html
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