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April 11, 2015
EMS Group (Herrliberg, Switzerland) has posted net sales of 479 million Swiss francs in the first quarter—3.5% down on the corresponding period of last year. The decline reflects...
http://www.chemweek.com/people_and_business/earnings_finance/Stronger-Swiss-currency-dents-EMS-Groups-sales_69341.html
April 10, 2015
Stolt-Nielsen reports first-quarter net profit of $38.8 million, up from $18.6 million in the corresponding period of 2014. Operating profit jumped year-on-year to $71.5 million from...
http://www.chemweek.com/people_and_business/earnings_finance/Lower-fuel-costs-buoy-Stolt-Nielsens-profits_69339.html
April 9, 2015
Victrex, the leading producer of polyetheretherketone (PEEK), today announced that in it performed well in the first half, ended 31 March. Its revenue then, £130.3 million...
http://www.chemweek.com/people_and_business/earnings_finance/Victrex-reports-higher-revenues-PEEK-sales-volumes_69298.html
April 8, 2015
RPM International (Medina, OH) reports a net loss of $57.3 million for the quarter ended 28 February, down from a gain of $16.2 million in the year-ago period , due mainly to a one-time charge related to the recent bankruptcy settlement of its Specialty Products Holding Corp. (SPHC) subsidiary. Sales increased 9.6% YOY to $946.3 million .Excluding charges, RPM says net income grew 61.2% to $26.2 million or 20 cts/share....
http://www.chemweek.com/people_and_business/earnings_finance/RPM-swings-to-loss-on-one-time-charge_69283.html
April 8, 2015
Private equity firm New Mountain Capital (New York) has agreed to acquire Zep (Atlanta), a maker of consumer cleaning and maintenance chemicals, for $692 million, or $20.05/share. The...
http://www.chemweek.com/people_and_business/earnings_finance/Zep-to-be-acquired-by-New-Mountain-Capital_69279.html
April 8, 2015
Omnova reports a net loss of $3.2 million for its seasonally weak first quarter compared with a gain of $1.2 million in the year-ago quarter. Excluding one-time items, including an...
http://www.chemweek.com/people_and_business/earnings_finance/Omnova-swings-to-a-loss-in-seasonally-weak-first-quarter_69280.html
April 8, 2015
Monsanto today announced the pricing of $800 million aggregate principal amount of fixed rate senior notes consisting of  $300 million in senior notes that mature in 2025 and bear...
http://www.chemweek.com/people_and_business/earnings_finance/Monsanto-issues-$800-million-in-debt_69270.html
April 7, 2015
Airgas today announced it is raising its quarterly dividend on its common stock by 9%, to 60 cts/share form 55 cts/share. The higher dividend will be paid on 30 June to shareholders of...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-raises-dividend_69271.html
April 7, 2015
Investment firm Berkshire Hathaway (Omaha, NE) has purchased 20 million Axalta shares in a private placement at $28/share, for a purchase price of $560 million, Axalta says. The shares...
http://www.chemweek.com/people_and_business/earnings_finance/Berkshire-Hathaway-buys-stake-in-Axalta_69247.html
April 6, 2015
A. Schulman today reported a fiscal second-quarter net loss of $888,000, or 3 cts/share, due largely to CEO transition costs and restructuring and acquisition integration charges, on...
http://www.chemweek.com/people_and_business/earnings_finance/Schulman-falls-short-of-estimates-sales-fall-due-to-currency-impacts_69232.html
April 6, 2015
Advanced Petrochemical Co. today reported net profit of 90 million Saudi riyals ($24.0 million) in the quarter ended 31 March, down 34.5% on the year-earlier quarter. Advanced, a...
http://www.chemweek.com/people_and_business/earnings_finance/Advanced-Petrochemical-reports-lower-first-quarter-profits_69155.html
April 2, 2015
Composites and coatings maker Reichhold Industries (Durham, NC) announced today that its US operations have emerged from Chapter 11 bankruptcy, and that the company has purchased its...
http://www.chemweek.com/people_and_business/earnings_finance/Reichhold-US-business-emerges-from-bankruptcy-as-bondholders-take-control_69139.html
April 1, 2015
FMC today announced the completion of the $1.64-billion sale of its alkali chemicals, or soda ash, business to Tronox. The deal was announced in February, and cleared a key US...
http://www.chemweek.com/people_and_business/earnings_finance/FMC-Tronox-soda-ash-deal-closes_69113.html
April 1, 2015
Renewable chemicals and fuels firm Gevo (Englewood, CO) reports a net loss of $11.1 million (11 ct/share) for its fiscal fourth quarter, compared with a net loss of $17.3 million (35...
http://www.chemweek.com/people_and_business/earnings_finance/Gevo-narrows-loss-advances-ethanol-and-isobutanol-production-at-Luverne-plant_68948.html
April 1, 2015
Weaker corn seed sales and softening foreign currencies pushed Monsanto’s second-quarter earnings below analysts’ estimates. The company also sayscurrency headwinds are...
http://www.chemweek.com/people_and_business/earnings_finance/Monsanto-misses-estimates-on-corn-and-currency-headwinds_69093.html
March 30, 2015
Private equity firm The Carlyle Group (Washington, DC) has announced it is selling 35 million shares in Axalta in a secondary offering. The exact timing and price of the offering have...
http://www.chemweek.com/people_and_business/earnings_finance/Carlyle-to-sell-additional-Axalta-shares_69033.html
March 30, 2015
Mosaic announced today that the expected impact from the recent changes in Saskatchewan's Potash Production Tax (CRT) calculation will increase the Company's 2015 CRT pre-tax payments...
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-expects-new-potash-tax-rules-to-cost-an-additional-$80-$100-million_69032.html
March 30, 2015
Momentive Performance Materials (MPM) today reported fourth-quarter net sales of $603 million, down 2% year-on-year (YOY), with segment Ebitda totaling $61 million, up 17%. The company...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-Performance-Materials-Ebitda-rises-after-bankruptcy_69017.html
March 30, 2015
Investment firm Fidelity (Boston) has stepped in to urge a solution to the proxy battle between DuPont and activist hedge fund Trian Fund Management (New York), according to a Reuters...
http://www.chemweek.com/people_and_business/earnings_finance/Report-Fidelity-stepping-in-to-resolve-DuPont-proxy-fight_69015.html
March 27, 2015
PetroChina’s refining and chemicals business segment recorded an operating loss of 23.6 billion renminbi ($3.79 billion) in 2014 compared with an operating loss of Rmb24.4...
http://www.chemweek.com/people_and_business/earnings_finance/PetroChinas-chemicals-business-loss-narrows_68982.html
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