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July 29, 2015
Ashland today reported fiscal third-quarter net income of $107 million, or $1.56/share, up 8.1% year-on-year (YOY), on sales down 14.9%, to $1.37 billion. Adjusted earnings from...
http://www.chemweek.com/people_and_business/earnings_finance/Ashland-earnings-rise-despite-lower-sales_72542.html
July 29, 2015
Chemtura posted second-quarter net income of $18 million, down 58% from the same year-ago quarter due mainly to the sale of its agrochemicals business. Net sales were $454 million, down 24%. The company says its core segments, which exclude agrochemical manufacturing, posted a strong quarter with adjusted Ebitda of $60 million, up 13% YOY....
http://www.chemweek.com/people_and_business/earnings_finance/Chemtura-earnings-fall-on-sale-of-agchems_72539.html
July 29, 2015
Ferro today reported second-quarter net income down 34.0% year-on-year (YOY), to $6.6 million, on sales down 8.8%, to $268.2 million. Net income was impacted by restructuring charges...
http://www.chemweek.com/people_and_business/earnings_finance/Ferro-falls-short-of-estimates-cuts-guidance_72541.html
July 29, 2015
Huntsman reports net income of $29 million for the second quarter, down 76% year-on-year (YOY). Sales totaled $2.74 billion, down 8.2% YOY from $2.99 billion on lower selling prices and sales volume as well as currency effects. Adjusted earnings of 63 cts/share increased 6.8% YOY and beat analysts’ consensus estimate of 55 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-earnings-beats-consensus-despite-lower-prices-volume_72517.html
July 29, 2015
Adjusted net operating income of Total's refining and chemicals business increased threefold in the second quarter of 2015 compared with the corresponding period of last year, to $1.35...
http://www.chemweek.com/people_and_business/earnings_finance/Totals-refining-and-chemical-profits-leap-on-higher-margins_72512.html
July 29, 2015
Solvay reports consolidated net income of €164 million ($181.4 million) in the second quarter, swinging from a €331-million loss in the same period last year, according to...
http://www.chemweek.com/people_and_business/earnings_finance/Solvay-swings-to-a-net-profit-sales-up-on-currency-effects_72508.html
July 29, 2015
Univar posted a second-quarter net loss of $12.4 million due mainly to expenses related to the company’s initial public offering and debt repayment. The negative impact on a...
http://www.chemweek.com/people_and_business/earnings_finance/Univar-posts-loss-on-IPO-expense-currency-impacts_72524.html
July 29, 2015
Praxair today reported second-quarter net income down 34% year-on-year (YOY), to $308 million, or $1.06/share, on sales down 12%, to $2.74 billion. Earnings were hit by negative...
http://www.chemweek.com/people_and_business/earnings_finance/Praxair-earnings-fall-short-of-estimates-on-weakness-in-energy_72521.html
July 29, 2015
W.R. Grace reports second-quarter net income declined 57.9% year-on-year (YOY), to $57.5 million. The prior-year quarter included a tax benefit of $53.2 million, while the 2015 quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Grace-beats-estimates-narrows-guidance_72518.html
July 29, 2015
Bayer on Wednesday reported a 21% increase in second-quarter net income, including discontinued operations, to €1.15 billion ($1.27 billion), on 18% higher sales of €12.1...
http://www.chemweek.com/people_and_business/earnings_finance/Bayer-raises-second-quarter-sales-and-earnings-lowers-forecast_72502.html
July 29, 2015
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), says that net profits increased more than fourfold in the second quarter of 2015 compared with the year-ago...
http://www.chemweek.com/people_and_business/earnings_finance/Siam-Cements-chemicals-business-reports-huge-rise-in-profits_72501.html
July 29, 2015
Linde has announced sales of €4.64 billion ($5.13 billion) in second-quarter 2015, compared with sales of €4.17 billion in the year-ago quarter, or 11% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/Linde-revenue-Ebit-up-after-currency-effects-updated_72510.html
July 28, 2015
LyondellBasell reports net income from continuing operations of $1.3 billion, up 7.8% year-over-year (YOY) as higher volumes and lower feedstock costs more than offset declines in product prices. Sales totaled $9.1 billion, up 11.7% YOY....
http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-income-up-beats-analyst-consensus_72480.html
July 28, 2015
Ecolab Tuesday reported second-quarter net income down 3% year-on-year (YOY), to $302.0 million, on sales down 5%, to $3.39 billion. Adjusted earnings totaled $1.08/share, up 5% YOY...
http://www.chemweek.com/people_and_business/earnings_finance/Ecolab-earnings-match-estimates-but-fall-on-currency-impacts-energy-weakness_72479.html
July 28, 2015
DuPont’s second-quarter results fell sharply on negative currency impacts, continued weakness in performance chemicals—a business it spun out to shareholders on 1...
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-cuts-outlook-on-ag-slowdown_72478.html
July 28, 2015
Airgas today reported fiscal 2016 first-quarter earnings that declined 1% year-on-year (YOY), to $88.2 million, on sales up 3%, to $1.35 billion. Earnings totaled $1.16/share, down 2%...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-narrowly-beats-estimates-narrows-guidance_72481.html
July 28, 2015
Elementis on Tuesday reported its results for the six months ended 30 June. Revenues were $360.4 million, down 10%, or 4% excluding currency movements. Group operating margins remained...
http://www.chemweek.com/people_and_business/earnings_finance/Elementis-reports-lower-sales-and-earnings-looking-for-bolt-on-acquisitions_72470.html
July 27, 2015
Advanced materials demand, recent acquisitions, and lower raw material and energy costs lifted Eastman Chemical’s second-quarter results nearly 10% above street expectations and...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-Chemical-beats-estimates-on-strong-advanced-materials-results_72463.html
July 27, 2015
PolyOne reports net income for the second quarter of $66.8 million, up 116% year-on-year (YOY) from $30.9 million on strong results in the color, additives, and inks business and the specialty engineered materials business. Sales totaled $887.1 million, down 12% YOY. Adjusted earnings were a record high of 57 cts/share, up 12% YOY....
http://www.chemweek.com/people_and_business/earnings_finance/PolyOne-income-doubles-YOY-to-$66-8-million_72449.html
July 27, 2015
RPM Monday reported fiscal fourth-quarter net income up 18% year-on-year (YOY), to $128.0 million, on sales up 7.5%, to $1.37 billion. Earnings totaled 94 cts/share, beating...
http://www.chemweek.com/people_and_business/earnings_finance/RPM-earnings-beat-estimates-on-higher-sales_72450.html
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