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November 13, 2014
Potash producer K+S (Kassel, Germany) today reported a 1.1% increase in third-quarter revenues to €826.9 million ($1.03 billion) with Ebitda advancing 6.5% to €187.0 million...
http://www.chemweek.com/people_and_business/earnings_finance/K+S-reports-improved-third-quarter-results-upgrades-forecast_65351.html
November 13, 2014
Solvay today reported third-quarter net income of €133.0 million ($165.7 million), up 12% year-on-year (YOY), on sales 7.9% higher at €2.59 billion. Recurring Ebitda...
http://www.chemweek.com/people_and_business/earnings_finance/Solvay-reports-higher-income-and-revenues-will-seek-alternative-options-to-sell-Indupa_65345.html
November 13, 2014
Merck KGaA today reported a 26.7% slide in third-quarter net income to €248.8 million ($310.1 million) on 9.3% higher sales of €2.9 billion. Ebitda was down 1.9% to...
http://www.chemweek.com/people_and_business/earnings_finance/Merck-KGaA-reports-lower-net-income-higher-sales-raises-sales-guidance_65346.html
November 12, 2014
Reports say investment giant Capital Group has upped its stake in PotashCorp to 83.1 million shares—just above 10% of the total, making its ownership double that of any other...
http://www.chemweek.com/people_and_business/earnings_finance/Reports-Capital-Group-ups-stake-in-PotashCorp_65322.html
November 12, 2014
Platform Specialty Products has priced its 2.145-million share public stock offer, which was announced on Monday, at $24.50/share. The company expects to generate about $350 million in...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-prices-stock-offer_65327.html
November 12, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says its net profits for the third quarter of 2014 more than doubled compared with the year-ago quarter, to $180 million. Third-quarter sales...
http://www.chemweek.com/people_and_business/earnings_finance/ICL-reports-huge-rise-in-third-quarter-profits_65304.html
November 12, 2014
Vopak posted third-quarter Ebitda excluding exceptional items of €202 million, up 9% from the corresponding period of last year, on revenue up 6%, to €338 million. Ebit...
http://www.chemweek.com/people_and_business/earnings_finance/Vopak-posts-higher-earnings-raises-outlook_65315.html
November 11, 2014
OCI Partners (Nederland, TX) reports third-quarter income of $19 million, down 21% year-over-year (YOY) from $24 million. Sales totaled $90 million, down 6% YOY from $96 million. The company cites lower ammonia production and lower methanol prices....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-Partners-earnings-down-21-percent-YOY-on-volume-costs_65301.html
November 11, 2014
Henkel's adhesive technologies business's adjusted operating profit during the third quarter was €373 million ($464.9 million), matching that of quarter-three last year. The...
http://www.chemweek.com/people_and_business/earnings_finance/Henkels-third-quarter-adhesives-profit-stable_65292.html
November 10, 2014
Momentive Specialty Chemicals (MSC) today reported third-quarter Ebitda up 4% year-on-year (YOY), to $125 million, on revenues up 8%, to $1.35 billion. The increases were mostly due to...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-Specialty-Chemicals-reports-earnings-increase_65277.html
November 10, 2014
Platform Specialty Products today commended a $350-million stock offering, the proceeds of which will help fund the $3.5-billion acquisition of Arysta Life Sciences. The offering is...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-to-sell-shares-to-fund-Arysta-acquisition_65263.html
November 10, 2014
Advanced Emissions Solutions (ADA-ES; Highlands Ranch, CO) is retaining investment bank Moelis & Company (New York) to advise on options for the use of future cash flows stemming...
http://www.chemweek.com/people_and_business/earnings_finance/ADA-ES-retains-banker-to-advise-on-cash-flow-options_65262.html
November 10, 2014
Tata Chemicals (Mumbai) reports a 91% rise in net profits for its fiscal second quarter, ended 30 September, compared with the year-ago period, to 2.57 billion Indian rupees ($42...
http://www.chemweek.com/people_and_business/earnings_finance/Tata-Chemicals-reports-huge-rise-in-quarterly-profits_65252.html
November 10, 2014
Indorama Ventures (Bangkok) reports a 48.4% fall in profits for the third quarter of 2014 compared with the third quarter of 2013, to 618 million baht ($19 million). Third-quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Indorama-reports-fall-in-third-quarter-profits_65249.html
November 9, 2014
Adama Agricultural Solutions, formerly Makhteshim Agan Industries, today reported its financial results with net income advancing 33.3% in the third quarter to $24.0 million on 4.0%...
http://www.chemweek.com/people_and_business/earnings_finance/Adama-Agricultural-Solutions-reports-higher-sales-and-profits_65243.html
November 7, 2014
Rentech Nitrogen has announced a third-quarter net loss of $3.1 million compared with a net loss of $22.3 million in the year-ago quarter on revenues down 9.8% year-on-year (YOY), to...
http://www.chemweek.com/people_and_business/earnings_finance/Rentech-Nitrogen-reports-declining-earnings_65227.html
November 7, 2014
LSB Industries (Oklahoma City) reports a net loss of $3.8 million for the third quarter versus income of $10.3 million in the year-ago period. Sales of $171 million were down 3% year-o-year (YOY) from $177 million. Diluted earnings totaled a 17-ct loss per share....
http://www.chemweek.com/people_and_business/earnings_finance/LSB-Industries-reports-$3-8-million-loss-on-maintenance-raw-material-costs_65229.html
November 7, 2014
Petrochemical producer TVK (Tiszaújváros, Hungary) says its net sales in third-quarter 2014 were 94.9 billion forint ($381 million) compared with Ft101.8 billion...
http://www.chemweek.com/people_and_business/earnings_finance/TVKs-third-quarter-operating-profit-leaps-53-percent-on-sales-down-6-8-percent_65219.html
November 7, 2014
Borealis, a leading polyolefins player in Europe and member of the International Petroleum Investment Co. (IPIC; Abu Dhabi)—which also includes Borouge, Nova Chemicals, and...
http://www.chemweek.com/people_and_business/earnings_finance/Borealis-to-start-shipping-US-ethane-in-2016-Borouge-delays-dent-results_65217.html
November 7, 2014
Croda International today reported a 6.1% decline in third-quarter adjusted profit before tax, to £55.1 million ($87.3 million), on revenues down 3.3%, to £259.0 million...
http://www.chemweek.com/people_and_business/earnings_finance/Croda-reports-lower-third-quarter-profits-and-revenues_65213.html
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