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February 18, 2015
CF Industries reports a drop in fourth-quarter profits as higher selling prices were offset by lower volumes and higher natural gas costs. Net earnings fell 26.8% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/CF-profits-fall-on-higher-natural-gas-prices_67861.html
February 18, 2015
Agricultural biotechnology firm Arcadia Biosciences (Davis, CA) says it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial...
http://www.chemweek.com/people_and_business/earnings_finance/Arcadia-Biosciences-files-for-IPO_67847.html
February 18, 2015
Petronas Chemicals (Kuala Lumpur) reports a 14.4% rise in profits for the fourth quarter of 2014 compared with the fourth quarter of 2013, to 570 million ringgit ($158 million) due to...
http://www.chemweek.com/people_and_business/earnings_finance/Petronas-Chemicals-reports-rise-in-fourth-quarter-profits_67859.html
February 17, 2015
Kuraray reports a 7.9% fall in net profits for nine months ended 31 December 2014 compared with the year-ago period, to ¥21.3 billion ($178.6 million). Nine-month sales increased...
http://www.chemweek.com/people_and_business/earnings_finance/Kuraray-reports-fall-in-profits_67802.html
February 17, 2015
Blank-check firm Platform Specialty Products (Miami) today closed the acquisition of agchems company Arysta LifeScience (Dublin) from private equity firm Permira (London) for $3.51...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-closes-Arysta-LifeScience-acquisition_67837.html
February 17, 2015
DuPont today sent a letter to investors criticizing activist hedge fund Trian Fund Management (New York) and reiterating its argument in favor of management’s strategy. The...
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-slams-Trian-in-investor-letter_67834.html
February 17, 2015
PTT Global Chemical (PTTGC; Bangkok) reports a 55% fall in net profits for full-year 2014 compared with 2013, to 15.0 billion baht ($460.1 million). Sales for 2014 increased 3.8%, to...
http://www.chemweek.com/people_and_business/earnings_finance/PTT-Global-Chemical-reports-fall-in-profits_67832.html
February 17, 2015
Air Liquide's sales during the fourth quarter of 2014 totaled €4.05 billion ($4.62 billion), up 3.9% year-on-year (YOY), according to the company's results released today. The gas...
http://www.chemweek.com/people_and_business/earnings_finance/Air-Liquides-fourth-quarter-revenue-up-3-9-percent_67828.html
February 16, 2015
Bayer is planning to reorganize its life science businesses, which include its health-care and crop science businesses, in anticipation of the separation of Bayer MaterialScience...
http://www.chemweek.com/people_and_business/earnings_finance/Bayer-to-reorganize-life-sciences-businesses-after-BMS-separation_67783.html
February 16, 2015
Asahi Kasei reports a 34% rise in net profits for the fiscal first nine months, ended 31 December 2014, compared with the year-ago period, to ¥88.4 billion ($752.5...
http://www.chemweek.com/people_and_business/earnings_finance/Asahi-Kasei-reports-rise-in-profits_67514.html
February 16, 2015
DIC (Tokyo) has reported its financial results for the fiscal year ended 31 December 2014. DIC decided in 2013 to change its fiscal year-end from 31 March to 31 December, and, as a...
http://www.chemweek.com/people_and_business/earnings_finance/DIC-reports-fall-in-profits_67813.html
February 12, 2015
AkzoNobel's net income attributable to shareholders dropped in the fourth quarter of 2014 to €7.0 million from €51.0 million in the corresponding period of 2013. The figure...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobels-net-income-drops-on-one-off-charges-Ebitda-beats-estimates_67751.html
February 12, 2015
Total is the latest oil company to announce spending cuts and operating-cost reductions, as well as to write down upstream assets, in response to falling oil prices. The company...
http://www.chemweek.com/people_and_business/earnings_finance/Total-cuts-jobs-and-slashes-capacity-at-UK-refinery-reduces-group-spending-writes-down-upstream-assets_67755.html
February 12, 2015
Showa Denko reports a 41% fall in net profits for the fourth quarter of 2014 compared with the year ago quarter, to ¥1.36 billion ($11.4 million). Fourth-quarter sales for the...
http://www.chemweek.com/people_and_business/earnings_finance/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-mixed-results_67753.html
February 12, 2015
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich (St. Louis), reports a 9.0% increase in sales in the fourth quarter of 2014 compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/SAFC-reports-rise-in-fourth-quarter-sales_67752.html
February 12, 2015
Odfjell reported a net loss of $18 million in the fourth quarter of 2014, an improvement on the $101-million net loss posted by the company in the corresponding period of 2013. Revenue...
http://www.chemweek.com/people_and_business/earnings_finance/Odfjells-net-loss-narrows-no-benefit-yet-from-lower-fuel-costs_67768.html
February 12, 2015
Braskem swung to a net loss of 24 million reais ($8.4 million) during the last quarter of 2014; the company broke even in the same quarter of 2013.  Over the whole of 2014...
http://www.chemweek.com/people_and_business/earnings_finance/Braskem-swings-to-a-net-loss-in-the-fourth-quarter_67757.html
February 12, 2015
IFF today reported net income up 47% year-on-year (YOY), to $90.1 million, or $1.10/share, on net sales up 4%, to $756.1 million. Adjusted earnings totaled $1.07/share, beating...
http://www.chemweek.com/people_and_business/earnings_finance/IFF-earnings-beat-estimates-on-solid-sales-growth_67758.html
February 11, 2015
Trian released a letter to DuPont shareholders restating its critique of the company’s performance. The letter notes that DuPont has consistently missed its financial targets in recent years, and that earnings have remained below 2011 levels over the last three years. “Had management met its financial targets since 2011, earnings per share would be 51% higher than it is today,” the letter says....
http://www.chemweek.com/people_and_business/earnings_finance/Trian-files-proxy-with-DuPont-director-nominees-and-steps-up-management-criticism_67725.html
February 11, 2015
Nonwovens producer Polymer Group (PGI; Charlotte, NC) has filed for an initial public offering with the US SEC. The timing and price of the offering were not disclosed in the filing...
http://www.chemweek.com/people_and_business/earnings_finance/Blackstones-Polymer-Group-files-for-IPO_67736.html
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