IHS Chemical Week

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April 2, 2014
ICL Corp. (Tel Aviv) announced that it has acquired over 30 million units of Allana Potash Corp. (Toronto) at a price of 47 cts/share—bringing ICL’s total stake to...
http://www.chemweek.com/people_and_business/earnings_finance/ICL-acquires-over-30-million-Allana-Potash-shares_59955.html
March 31, 2014
Momentive Specialty Chemicals (MSC) today reported fourth-quarter revenues up 11% year-on-year (YOY), to $1.2 billion, with segment Ebitda down 6%, to $79 million. The quarterly net...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-Specialty-Chemicals-loss-widens-revenue-up_59939.html
March 31, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.3%; up 2.5% Y/Y Consumer Confidence up 4.0...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-28-March-2014_59936.html
March 28, 2014
Compared to one year ago, there are more reasons to be optimistic about the economic outlook in the developed nations, particularly the United States, says Nariman Behravesh, chief economist at IHS. However, the outlook for the developing nations, notably China, has gotten worse. “China is an accident waiting to happen,” he says....
http://www.chemweek.com/people_and_business/earnings_finance/IHS-WPC-2014-Advanced-economies-accelerate-as-growth-slows-in-developing-nations_59862.html
March 28, 2014
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a major producer of petrochemicals, today reported lower earnings and revenues for full-year 2013, citing a slowdown in the global...
http://www.chemweek.com/people_and_business/earnings_finance/NKNK-reports-lower-earnings-advances-cracker-project_59901.html
March 27, 2014
Sinofert Holdings, China’s largest fertilizer producer and distributor, today reported lower figures on overcapacity problems of fertilizer industry and a sluggish market. Sales...
http://www.chemweek.com/people_and_business/earnings_finance/Sinofert-earnings-down-on-weak-fertilizer-market_59877.html
March 27, 2014
H.B. Fuller today reported fiscal first-quarter net income down 29.4% year-on-year (YOY), to $24.6 million, or 28 cts/share, on revenues up 1.3%, to $486 million. Higher volume...
http://www.chemweek.com/people_and_business/earnings_finance/Fuller-net-income-falls-despite-revenue-increase_59876.html
March 24, 2014
Sinopec’s chemicals segment reports a 6.2% increase in revenues in 2013 compared with 2012, to 437.6 billion renminbi ($70.3 billion). Sales volume of chemical products grew by...
http://www.chemweek.com/people_and_business/earnings_finance/Sinopecs-chemicals-business-reports-lower-earnings_59782.html
March 21, 2014
PetroChina’s refining and chemicals business reports an operating loss of 24.4 billion renminbi ($3.9 billion) in 2013 compared with an operating loss of Rmb43.51 billion in...
http://www.chemweek.com/people_and_business/earnings_finance/PetroChinas-chemicals-business-loss-widens_59754.html
March 21, 2014
Specialty chemicals group Altana today reported higher sales and earnings and said it plans to double the size of its business by 2020. Last year's Ebitda was 4% higher, at €336...
http://www.chemweek.com/people_and_business/earnings_finance/Altana-reports-higher-sales-and-earnings-plans-to-double-in-size-by-2020_59753.html
March 21, 2014
Lenzing  (Lenzing, Austria), a leading cellulose fiber producer, today reported its 2013 results and said that it will counter the unsatisfactory earnings results with a massive...
http://www.chemweek.com/people_and_business/earnings_finance/Lenzing-accelerates-cost-reduction-program-as-earnings-decline_59751.html
March 20, 2014
W.R. Grace said yesterday that the company is targeting 8-10% growth in Ebit, and sales growth of 1.5-2 times (x) GDP from 2014 through 2018. The company, which in February emerged...
http://www.chemweek.com/people_and_business/earnings_finance/Grace-sets-8-10-percent-Ebit-growth-target_59692.html
March 20, 2014
Trinseo, formerly Styron, filed for an initial public offering worth up to $200 million today, nearly three years after the company filed for a $400 million that never commenced...
http://www.chemweek.com/people_and_business/earnings_finance/Trinseo-refiles-for-IPO_59621.html
March 20, 2014
Lanxess today said it expects first quarter 2014 Ebitda pre-exceptionals to reach around €200 million ($276.6 million), up from €174 million in the year-earlier period, which...
http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-expects-a-better-first-quarter-and-full-year-after-a-challenging-2013_59684.html
March 19, 2014
Dow Chemical said today at an investor meeting in Saudi Arabia today that it has increased its asset sale target by $1.5–2.0 billion, lifting expected proceeds to $4.5–6.0 billion....
http://www.chemweek.com/people_and_business/earnings_finance/Dow-increases-divestiture-target-to-$4-5-6-0-billion_59662.html
March 19, 2014
Brenntag has posted a slight increase in 2013 profit after tax, to €339 million, on sales almost 1% higher, at €9.8 billion. Gross profit increased 1% last year, to...
http://www.chemweek.com/people_and_business/earnings_finance/Brenntags-earnings-sales-edge-higher-in-tough-market-conditions_59659.html
March 18, 2014
FMC says it expects first-quarter 2014 operating profit in its agricultural solutions segment decline in the mid-20% range year-on-year because of cold weather in North...
http://www.chemweek.com/people_and_business/earnings_finance/FMC-predicts-weaker-first-quarter-agricultural-results-due-to-cold-weather_59646.html
March 18, 2014
Sibur (Moscow) reports a 15.2% decrease in adjusted net profit for 2013, to 50.9 billion rubles, on revenue down 0.6%, to R269.8 billion. Petrochemical products accounted for R116...
http://www.chemweek.com/people_and_business/earnings_finance/Sibur-posts-lower-sales-and-earnings-on-weak-synthetic-rubber-business_59644.html
March 18, 2014
Wacker Chemie has provided more details on its strategies following the recent announcement of the company’s preliminary results. Addressing a press briefing at Munich this...
http://www.chemweek.com/people_and_business/earnings_finance/Wacker-expects-better-sales-and-earnings-in-2014-signs-polysilicon-deal-with-China_59645.html
March 17, 2014
Sensient Technologies today released a letter to shareholders outlining its opposition to hedge fund FrontFour Capital’s (New York) slate of director nominees. Sensient says that...
http://www.chemweek.com/people_and_business/earnings_finance/Sensient-releases-letter-opposing-FrontFour-director-nominees_59623.html
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