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February 6, 2013
Cambrex reported a net income of $43.6 million for its fiscal third quarter ended 31 December, up from $741,000 in the year-ago quarter. The 2012 quarter included a tax benefit of $36...
http://www.chemweek.com/people_and_business/earnings_finance/Cambrex-posts-gain-on-tax-benefit_49626.html
February 6, 2013
FMC’s fourth-quarter net income rose 31% year-on-year (YOY), to $102.2 million, on revenues up 10%, to $1 billion. Excluding special charges – which totaled $9.4 million in...
http://www.chemweek.com/people_and_business/earnings_finance/FMC-earnings-match-estimates-on-strong-ag-results_49625.html
February 6, 2013
Compass Minerals (Overland Park, KS) on Wednesday reported net earnings for the fourth quarter 2012 of $30.1 million, down 31% from $43.9 million in the year-ago period. Sales for the...
http://www.chemweek.com/people_and_business/earnings_finance/Compass-Minerals-Mild-winter-cuts-into-fourth-quarter-earnings_49608.html
February 6, 2013
Ferro has sold its solar pastes business to Heraeus (Hanau, Germany), a privately held precious metals technology company, for an undisclosed sum, the company says. The deal completes...
http://www.chemweek.com/people_and_business/earnings_finance/Ferro-sells-solar-pastes-business_49607.html
February 6, 2013
W.R. Grace reported a net loss of $111.6 million for its fiscal fourth quarter, ended 31 December 2012, compared with net income of $58.1 in the year-ago quarter. The 2012 quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Grace-swings-to-a-loss-on-asbsestos-liability-adjustment_49606.html
February 6, 2013
Syngenta, the world's largest producer of agricultural chemicals, today reported its fourth-quarter and full-year 2012 results, and said it is satisfied with the performance. Mike...
http://www.chemweek.com/people_and_business/earnings_finance/Syngenta-benefits-from-integration-invests-in-seeds-plant-in-Brazil_49601.html
February 6, 2013
Givaudan's (Vernier, Switzerland) sales totaled 4.26 billion Swiss francs ($4.68 billion) during 2012, an increase of 8.7% in Swiss francs compared with 2011, the company says. Ebitda...
http://www.chemweek.com/people_and_business/earnings_finance/Givaudans-2012-sales-increase-8-7-percent_49599.html
February 6, 2013
OCI (Seoul), formerly DC Chemical, recorded a net loss of 3.9 billion South Korean won ($3.5 million) in the fourth quarter ended 31 December 2012, compared with a net profit of...
http://www.chemweek.com/people_and_business/earnings_finance/OCI-swings-to-loss_49596.html
February 6, 2013
Kuraray reported a 15.9% fall in net profits for its fiscal first 9 months, ended 31 December 2012, compared with the year-ago period, to ¥21.4 billion ($228 million). Nine-month...
http://www.chemweek.com/people_and_business/earnings_finance/Kuraray-reports-fall-in-profits-and-sales_49595.html
February 5, 2013
3M’s board has authorized a share repurchase of up to $7.5 billion, or 10.8% of the company’s market cap as of 5 February. The share repurchase does not have a closing...
http://www.chemweek.com/people_and_business/earnings_finance/3M-launches-large-share-buyback-raises-dividend_49593.html
February 5, 2013
DuPont plans to sell its cyanide business and has hired investment bank Morgan Stanley to run the sales process, according to recent Reuters report. Cyanide is commonly used in gold...
http://www.chemweek.com/people_and_business/earnings_finance/Report-DuPont-plans-sale-of-cyanide-business_49449.html
February 5, 2013
Mitsui Chemicals reported a net loss of ¥9.7 billion ($105 million) for the 9 months ended 31 December 2012, compared with a net loss of ¥200 million in the same period of the...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsui-Chemicals-loss-widens_49579.html
February 5, 2013
BP’s petrochemical activities delivered an underlying replacement cost (RC) profit before interest and taxes of $46 million in the fourth quarter of 2012, a 48% drop on the same...
http://www.chemweek.com/people_and_business/earnings_finance/BPs-petrochemical-operations-report-a-48-percent-drop-in-earnings_49571.html
February 5, 2013
Asahi Kasei reported a 25.9% fall in net profits for the fiscal first 9 months, ended 31 December 2012, compared with the year-ago period, to ¥35.6 billion ($386 million). Sales...
http://www.chemweek.com/people_and_business/earnings_finance/Asahi-Kasei-reports-fall-in-profits_49570.html
February 5, 2013
Mitsubishi Chemical reported a 71.3% fall in net profits for the fiscal first 9 months ended 31 December 2012, compared with the year-ago period, to ¥9.16 billion ($99 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsubishi-Chemical-reports-huge-fall-in-profits_49569.html
February 4, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was steady at 14 out of 20 this week. Thus, we continue to post a green banner. Nonfarm payrolls up 157,000 Unemployment...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-1-February_49537.html
February 4, 2013
OxyChem says its fourth-quarter earnings for chemicals were up 19%, to $180.0 million, primarily because of higher export volumes for caustic soda and vinyl chloride monomer, and lower...
http://www.chemweek.com/people_and_business/earnings_finance/OxyChem-reports-fourth-quarter-earnings-up-19-percent_49536.html
February 4, 2013
Higher margins, mainly for commodity products, contributed $330 million of the $415 million increase, says the company....
http://www.chemweek.com/people_and_business/earnings_finance/ExxonMobil-reports-quarterly-chemical-earnings-up-76-percent_49513.html
February 4, 2013
Teijin reported a 94.3% fall in net profits for its fiscal first 9 months, ended 31 December 2012, compared with the year-ago period, to ¥862 million ($9 million). Nine-month sales...
http://www.chemweek.com/people_and_business/earnings_finance/Teijin-reports-huge-fall-in-profits_49530.html
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