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March 7, 2014
Amcol’s (Hoffman Estates, IL) board of directors today said it found Minerals Technologies’ (MTI) latest, $45.75/share, bid to acquire the bentonite producer to be...
http://www.chemweek.com/people_and_business/earnings_finance/Amcol-board-says-it-may-accept-latest-MTI-bid_59410.html
March 7, 2014
Minerals Technologies (MTI) this morning submitted a $45/share bid for Amcol (Hoffman Estates, IL), raising the possibility of an intensified bidding war between it and Imerys for the...
http://www.chemweek.com/people_and_business/earnings_finance/Minerals-Technologies-raises-Amcol-bid-to-$45share_59268.html
March 7, 2014
Evonik Industries (Essen, Germany) today reported a 63% drop in fourth-quarter net income, to €103 million ($142.8 million), on sales of €3.14 billion. Sales in the...
http://www.chemweek.com/people_and_business/earnings_finance/Evonik-reports-lower-profits-and-revenues-expects-slight-improvement-in-2014_59394.html
March 7, 2014
Songwon Industrial (Ulsan, South Korea) reports a 59.7% rise in net profits for the fourth quarter of 2013 compared with the corresponding period of the previous year, to 6.37 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Songwon-reports-rises-in-profits-and-sales_59393.html
March 6, 2014
Merck KGaA today announced full-year and fourth-quarter results and said it has achieved its objectives for 2013 despite a challenging market environment. The company reports organic...
http://www.chemweek.com/people_and_business/earnings_finance/Merck-KGaA-reports-strong-results-on-back-of-efficiency-measures_59356.html
March 5, 2014
Sociedad Química y Minera (SQM; Santiago) says its net profit during the last quarter of 2013 totaled $69 million, down more than 50% from the $141.8 million reported in the...
http://www.chemweek.com/people_and_business/earnings_finance/SQMs-fourth-quarter-net-profit-falls-by-half_59330.html
March 4, 2014
Amcol announced today that it has approved a revised bid from Imerys, valuing the company at $45.25/share. The announcement comes the day after Minerals Technologies (MTI) submitted a...
http://www.chemweek.com/people_and_business/earnings_finance/Amcol-and-Imerys-agree-to-amended-$45-25share-merger_59325.html
March 4, 2014
Sensient Technologies announced today that it is initiating a new restructuring program, which will consolidate manufacturing plants and “eliminate underperforming...
http://www.chemweek.com/people_and_business/earnings_finance/Sensient-announces-further-restructuring-raises-dividend_59323.html
March 4, 2014
Sika (Baar, Switzerland) says it achieved record results in all areas for full-year 2013. The company announced a 23.8% increase in net profit, to a record 344.7 million Swiss francs...
http://www.chemweek.com/people_and_business/earnings_finance/Sika-achieves-record-results-for-2013-including-net-profit-up-23-8-percent_59310.html
March 4, 2014
Arkema today reported fourth-quarter and full-year 2013 results and said it is confident to grow Ebitda in 2014.  Adjusted net income from continuing operations in the fourth...
http://www.chemweek.com/people_and_business/earnings_finance/Arkema-reports-lower-Ebitda-in-fourth-quarter-and-full-year-outlines-investments_59295.html
March 4, 2014
Siegfried (Zofingen, Switzerland) reports a more than doubling in net profits for 2013, compared with 2012, to 53.9 million Swiss francs ($61 million), mainly because of a favorable...
http://www.chemweek.com/people_and_business/earnings_finance/Siegfried-reports-huge-rise-in-profits_59291.html
March 3, 2014
The fertilizer business of mining company Vale (Rio de Janeiro) posted negative adjusted Ebitda of $105 million in the fourth quarter of 2013 compared with positive adjusted Ebitda of...
http://www.chemweek.com/people_and_business/earnings_finance/Vales-fertilizer-business-swings-to-loss-on-lower-prices-sales_59277.html
March 3, 2014
Rockwood Holdings today announced its fourth-quarter results—up on improved surface treatment and lithium, as well as lower interest expenses. However, net income of $14.8...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-sales-up-on-surface-treatment-improvement_59269.html
March 2, 2014
Repsol’s petrochemical operations are expected to break even in 2014 after a difficult year and a negative result in 2013. This was due mainly to a scheduled maintenance...
http://www.chemweek.com/people_and_business/earnings_finance/Repsols-petchem-business-expected-to-break-even_59252.html
March 2, 2014
The Kuwait Styrene Co., (TKSC) today reported a net profit of $180 million for the fiscal year ending 31 December 2013. “Despite several challenges, these profits exceeded the...
http://www.chemweek.com/people_and_business/earnings_finance/Kuwait-Styrene-reports-record-sales-and-profit-on-higher-demand_59249.html
March 1, 2014
Equate Petrochemical Co. (Equate; Kuwait City), a joint venture between Petrochemical Industries Co., Dow and the local Boubyan Petrochemical Co., and Qurain Petrochemical Industries...
http://www.chemweek.com/people_and_business/earnings_finance/Equate-reports-record-results-aims-to-become-more-global_59248.html
February 28, 2014
Specialty aqueous polymers producer Synthomer (Harlow, UK), formerly known as Yule Catto, reported a 5% decline in pretax profit for full-year 2013, to £90 million on sales also...
http://www.chemweek.com/people_and_business/earnings_finance/Synthomer-posts-lower-profits-and-sales-on-weak-economy_59245.html
February 28, 2014
Mexichem (Tlalnepantla, Mexico) reports a net loss of $27.9 million for the fourth quarter of 2013,compared with $14.4 million in the year-ago quarter. Although sales increased 17% year-over-year (YOY) to $1.27 billion, cost of sales increased 31% YOY, reducing gross profit by $35 million....
http://www.chemweek.com/people_and_business/earnings_finance/Mexichem-swings-to-fourth-quarter-loss-of-$28-million_59234.html
February 28, 2014
Vopak posted a 5% decline in Ebitda excluding exceptional items for the fourth quarter of 2013, compared with the corresponding period of 2012, to €183 million. Operating profit...
http://www.chemweek.com/people_and_business/earnings_finance/Vopak-reports-a-decline-in-earnings_59235.html
February 28, 2014
Tronox reports a net loss of $3 million, narrower than the $97 million loss reported in the same quarter last year. Earnings per share were at a loss of 6 cts/share—slightly...
http://www.chemweek.com/people_and_business/earnings_finance/Tronox-reports-tighter-net-loss-stabilizing-pigment-market_59150.html
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