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November 15, 2013
Omnova Solutions today said it expects fourth-quarter adjusted earnings to total 16-18 cts/share, which would represent a major year-on-year (YOY) increase from the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Omnova-updates-fourth-quarter-guidance_56732.html
November 15, 2013
Cereplast announced its results for the first nine months of 2013—reporting a net loss of $34 million, compared to a loss of $16.3 million in the same period of 2012, driven by...
http://www.chemweek.com/people_and_business/earnings_finance/Cereplast-reports-rise-in-sales-for-first-nine-months-of-2013_56730.html
November 14, 2013
Odfjell swung to a $9-million net profit in the third quarter from a $39-million net loss in the corresponding quarter of 2012, on sales of $296 million, up from $276 million in the...
http://www.chemweek.com/people_and_business/earnings_finance/Odfjell-swings-to-net-profit_56698.html
November 14, 2013
LyondellBasell’s supervisory board has authorized an interim dividend of 60 cts/share an increase of 20% above the company's most recent interim dividend. The dividend will be paid on 9 December, the company said on 13 November. LyondellBasell issued a previous interim dividend of 50 cts/share in October....
http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-increases-dividend_56674.html
November 14, 2013
K+S said today that lower prices and uncertainty on the global potash markets following the collapse of one of the world's two large cartels have contributed to lower third-quarter...
http://www.chemweek.com/people_and_business/earnings_finance/K+S-reports-lower-sales-and-earnings-seeks-savings-of-&euro500-million_56689.html
November 14, 2013
Merck KGaA today reported a much improved third-quarter net income and organic sales in a challenging market environment and raised its Ebitda guidance for the full-year. Net income...
http://www.chemweek.com/people_and_business/earnings_finance/Merck-KGaA-reports-higher-profits-raises-full-year-guidance_56688.html
November 14, 2013
Dow has raised the cap for its previously announced debt tender offer from $500 million to $700 million in response to strong demand, the company says. Dow received early tender offers...
http://www.chemweek.com/people_and_business/earnings_finance/Dow-raises-debt-buyback-limit_56703.html
November 13, 2013
Lenzing cut its 2013 earnings guidance and announced up to 600 job losses after posting steep declines in earnings and sales for the first nine months of the year. The company now...
http://www.chemweek.com/people_and_business/earnings_finance/Lenzing-slashes-guidance-announces-major-job-cuts-due-to-falling-fiber-prices_56685.html
November 13, 2013
Momentive Specialty Chemicals (MSC) today reported a third-quarter net loss of $76 million, compared with a profit of $342 million in the year-ago quarter, on revenues up 6%...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-Specialty-Chemicals-swings-to-loss-performance-materials-loss-narrows_56676.html
November 13, 2013
Codexis (Redwood City, CA), a company that engineers enzymes for pharmaceutical, biofuel, and chemical production, reports a net loss of $9.26 million in the third quarter of 2013...
http://www.chemweek.com/people_and_business/earnings_finance/Codexis-net-loss-widens_56661.html
November 13, 2013
Israel Chemicals (ICL; Tel Aviv) today announced a sharp decrease in third-quarter sales and profits citing weakness and instability in the potash market, which led to lower fertilizer...
http://www.chemweek.com/people_and_business/earnings_finance/Israel-Chemicals-sales-and-profits-slide-as-potash-turmoil-takes-its-toll_56660.html
November 12, 2013
Rockwood’s board today authorized a new share buyback of up to $500 million, the company says. The new buyback comes after a $400 million repurchase program was completed during...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-authorizes-new-share-buyback_56658.html
November 12, 2013
Rockwood has reported third-quarter adjusted net income of $48.2 million, or 63 cts/share, down 31.5% year-on-year (YOY), on sales up 3.2%, to $890.1 million. Actual net income totaled...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-nets-big-one-time-gain-on-ceramics-sale-adjusted-earnings-fall_56644.html
November 12, 2013
Henkel today reported adjusted third-quarter operating profit of €672 million ($899.7 million), 6.5% up on the year-earlier quarter. Sales were down 2.6%, to €4.18 million...
http://www.chemweek.com/people_and_business/earnings_finance/Henkel-reports-higher-profits-raises-full-year-Ebit-margin-forecast_56637.html
November 12, 2013
Lanxess today reported lower third-quarter earnings and revenues and downgraded its full-year 2013 guidance. Third-quarter net income was down 88%, to €11 million ($14.7 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-downgrades-full-year-guidance-after-third-quarter-earnings-sales-decline_56632.html
November 12, 2013
DIC (Tokyo) reports a 6.5% fall in net profits for its fiscal first half, ended 30 September, compared with the year-ago period, to ¥10.68 billion ($107 million). First-half sales...
http://www.chemweek.com/people_and_business/earnings_finance/DIC-reports-fall-in-profits_56631.html
November 11, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Non-Farm Payrolls up 204,000 Unemployment Rate up to...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-8-Nov-2013_56628.html
November 11, 2013
Indorama Ventures (Bangkok) reports a 23.9% fall in net profits for the third quarter of 2013 compared with the year-ago quarter, to $35 million. Third-quarter sales increased 10.6%...
http://www.chemweek.com/people_and_business/earnings_finance/Indorama-reports-fall-in-quarterly-profits_56613.html
November 11, 2013
Tata Chemicals (Mumbai) reports a 47.6% fall in net profits for its fiscal second quarter, ended 30 September, compared with the year-ago period, to 1.34 billion Indian rupees ($21...
http://www.chemweek.com/people_and_business/earnings_finance/Tata-Chemicals-reports-47-6-percent-fall-in-net-profits_56612.html
November 11, 2013
Orica (Melbourne) reports a 49.3% rise in net profits after tax and after individually material items for the full fiscal year, ended 30 September 2013, compared with the previous...
http://www.chemweek.com/people_and_business/earnings_finance/Orica-reports-rise-in-profits_56611.html
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