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January 27, 2014
LG Chem reports a 39.5% decline in net profits for the fourth quarter of 2013 compared with the year-ago period, to 176.9 billion South Korean won ($163.3 million). Fourth-quarter...
http://www.chemweek.com/people_and_business/earnings_finance/LG-Chem-reports-falls-in-profits-sales_58327.html
January 24, 2014
Freedom Industries has filed for bankruptcy a week after a leak at one of its tanks containing 4-methylcyclohexane methanol (MCHM) forced a water ban in nine West Vriginia counties...
http://www.chemweek.com/people_and_business/earnings_finance/Freedom-Industries-declares-bankruptcy-following-West-Virginia-chemical-spill-legislation-introduced_58051.html
January 24, 2014
Honeywell says segment profit in its performance materials and technologies unit rose 30% in the fourth quarter, to $272 million, on strong volume and productivity gains.  Sales were up 12%, to $1.73 billion....
http://www.chemweek.com/people_and_business/earnings_finance/Honeywells-materials-unit-posts-strong-earnings-and-sales-gains_58302.html
January 24, 2014
Celanese reported fourth-quarter net earnings of $654 million, compared with a loss of $169 million in the year-ago period. Net sales increased 7.7% year-over-year (YOY), to $1.62 billion....
http://www.chemweek.com/people_and_business/earnings_finance/Celanese-swings-to-profit_58282.html
January 24, 2014
Unipetrol (Prague), a member of the Orlen Group (Plock, Poland), today reported an improvement in fourth-quarter profits  and said that the petrochemical segment has continued to...
http://www.chemweek.com/people_and_business/earnings_finance/Unipetrol-reports-improved-earnings-petchems-to-benefit-from-most-of-investments_58292.html
January 23, 2014
Platform Specialty Products, which acquired specialty chemical maker MacDermid (Denver) for $1.8 billion late last year, is expected to start Big Board trading today....
http://www.chemweek.com/people_and_business/earnings_finance/Platform-Specialty-Products-begins-NYSE-trading_58224.html
January 23, 2014
Lonza recorded a 44.2% fall in profits for 2013 compared with 2012, to 87 million Swiss francs ($95.7 million). Sales for 2013 decreased by 4.2%, to SF3.58 billion, due to lower sales...
http://www.chemweek.com/people_and_business/earnings_finance/Lonza-reports-fall-in-profits-sales_58208.html
January 22, 2014
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, reports a major increase in fourth-quarter profits. Net profit in the...
http://www.chemweek.com/people_and_business/earnings_finance/More-Saudi-firms-announce-earnings-results_58177.html
January 21, 2014
Omnova Solutions reported net income of $7.9 million, a significant improvement from year-ago results of $700,000. Adjusted earnings were 12 cts/share, up from 6 ct/share in the...
http://www.chemweek.com/people_and_business/earnings_finance/Omnova-earnings-improve-on-stronger-product-mix_58167.html
January 21, 2014
Agrium announced fourth-quarter 2013 earnings projections today, saying operating earnings are expected to be at the bottom of a previously announced range of 80 cts–$1.25/share...
http://www.chemweek.com/people_and_business/earnings_finance/Agrium-lowers-fourth-quarter-2013-projections-on-weak-wholesale-sales_58152.html
January 21, 2014
In an open letter shareholders on 21 January, Jack Golsen, chairman of the board and CEO of LSB Industries, defended the company’s business strategy against the criticism of shareholder Engine Capital. The letter comes days after the resignation of four members of LSB’s board, a move meant to block Engine Capital from forcing major changes in the company’s strategy, according to a report by Forbes....
http://www.chemweek.com/people_and_business/earnings_finance/LSB-counters-move-by-activist-shareholder-to-force-change-in-strategy_58156.html
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
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