IHS Chemical Week

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August 13, 2014
Specialty chemicals distributor IMCD Group (Rotterdam) posted a a 22% increase in net profit before amortization and nonrecurring items for the first half of 2014 compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/IMCD-posts-first-results-since-IPO-big-increases-in-sales-and-earnings_63143.html
August 13, 2014
Merck KGaA today reported a 4% decline in second-quarter net income, to €303.3 million ($404.9 million). Acquisition-related one-time items, lower royalty, license and commission...
http://www.chemweek.com/people_and_business/earnings_finance/Merck-KGaA-reports-lower-second-quarter-net-income-confirms-outlook_63140.html
August 12, 2014
Nova Chemicals reports second-quarter profit of $167 million, down 17% year-on-year (YOY) from $201 million, with lower margins in the olefins segments partially offset by higher margins in polyethylene. Sales slipped 5.8%, to $1.29 billion....
http://www.chemweek.com/people_and_business/earnings_finance/Nova-quarterly-profit-down-17-percent-PE-gains-offset-by-weak-olefins_63126.html
August 12, 2014
Mangalore Refinery and Petrochemicals (MRPL; Mangalore, India), a subsidiary of ONGC (New Delhi), reports a 3.2% increase in first fiscal quarter revenues, to 166.5 billion Indian...
http://www.chemweek.com/people_and_business/earnings_finance/MRPL-reports-higher-sales-readies-PP-plant-appoints-managing-director_63128.html
August 12, 2014
Industries Qatar (IQ; Doha), a listed firm that controls some of the country’s major petrochemical, fertilizer, and steel manufacturing companies, reports a decline in earnings...
http://www.chemweek.com/people_and_business/earnings_finance/Shutdowns-and-lower-fertilizer-prices-reduce-earnings-at-Industries-Qatar_63124.html
August 12, 2014
Energy company OMV (Vienna) says that operating profit at the company's petrochemicals business was €40 million ($53.4 million) in the second quarter, slightly lower than in the...
http://www.chemweek.com/people_and_business/earnings_finance/OMV-posts-slight-decline-in-petchem-profit-on-lower-ethylene-margins_63123.html
August 12, 2014
Haldor Topsoe today announced plans to close a fuel cell subsidiary that focuses on developing and commercializing components and technology for high-temperature solid oxide fuel cells...
http://www.chemweek.com/people_and_business/earnings_finance/Haldor-Topsoe-closing-subsidiary-because-of-sales-earnings-drops_63119.html
August 12, 2014
The petrochemical business of Gail India (New Delhi), a natural gas company, reports a 10% fall in sales in the fiscal first quarter, ended 30 June, compared with the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Gails-petchem-business-reports-fall-in-sales_63116.html
August 11, 2014
Kinder Morgan, Inc. (KMI) announced today that it is buying out its two master limited partnerships (MLPs) – Kinder Morgan Energy Partners (KMP) and El Paso Pipeline Partners...
http://www.chemweek.com/people_and_business/earnings_finance/Kinder-Morgan-to-buy-out-its-MLPs-in-$71-billion-deal_63115.html
August 11, 2014
Adama Agricultural Solutions (Tel Aviv), formerly Makhteshim Agan, on Sunday reported a 23.5% increase in net income and a 9% rise in sales in the second quarter of this year, to...
http://www.chemweek.com/people_and_business/earnings_finance/Adama-reports-higher-sales-and-earnings-plans-New-York-listing_63099.html
August 11, 2014
Petronas Chemicals (Kuala Lumpur) reports a 44.7% fall in profits for the second quarter of 2014 compared with the second quarter of 2013, to 585 million ringgit ($183 million), due to...
http://www.chemweek.com/people_and_business/earnings_finance/Petronas-Chemicals-reports-fall-in-profits-and-sales_63103.html
August 11, 2014
Synthomer (Harlow, UK) posted a 7% decline in pretax profit for the first half of 2014 compared with the corresponding period of last year, to £45 million, on sales down 9%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Synthomer-posts-lower-earnings-and-sales-on-strong-UK-currency-weak-Asian-nitriles_63102.html
August 8, 2014
Calgon Carbon today reported earnings up 17.2% year-on-year (YOY), to $15.2 million, or 28 cts/share, on sales up 3.3%, to $145.1 million. Earnings totaled 28 cts/share, matching...
http://www.chemweek.com/people_and_business/earnings_finance/Calgon-Carbon-earnings-rise-on-higher-sales_63088.html
August 8, 2014
Yacimientos Petroliferos Fiscales' (YPF; Buenos Aires) sales of petrochemical products—domestic and exports—totaled 1.48 billion Argentine pesos ($178.3 million) in the...
http://www.chemweek.com/people_and_business/earnings_finance/YPFs-petrochemical-sales-up-23-percent-on-higher-peso-denominated-prices_63086.html
August 8, 2014
Specialty chemicals company Altana (Wesel, Germany) says it increased earnings in first-half 2014 to €985 million ($1.32 billion) compared with €887 million a year ago, an...
http://www.chemweek.com/people_and_business/earnings_finance/Altana-sales-and-Ebitda-rise-in-first-half-2014_63084.html
August 8, 2014
Rentech Nitrogen posted second-quarter operating income of $23.2 million, down 31% year-over-year (YOY). Operating income excludes the impact of the expected impairment of goodwill...
http://www.chemweek.com/people_and_business/earnings_finance/Rentech-Nitrogen-reports-lower-results-on-Pasadena-plant-weakness_63073.html
August 8, 2014
Kronos Worldwide (Dallas) reports second-quarter income of $33.1 million, reversing a year-ago loss of $33.9 million. Sales declined 8% year-over-year (YOY), to $443.5 million, the result of lower prices and volumes, the company says. Earnings per share totaled 29 cts....
http://www.chemweek.com/people_and_business/earnings_finance/Kronos-swings-to-$33-million-profit-on-lower-costs_63072.html
August 7, 2014
Minerals Technologies (MTI) today reported net income up 8% year-on-year (YOY), to $18.5 million, on sales up 45%, to $372.5 million. Excluding special items, such as charges related...
http://www.chemweek.com/people_and_business/earnings_finance/Minerals-Technologies-beats-estimates_63076.html
August 7, 2014
Biobased succinic acid firm BioAmber (Minneapolis) reports a net loss of $14.1 million for its fiscal second quarter, compared to a net loss of $7.2 million in the year-ago quarter...
http://www.chemweek.com/people_and_business/earnings_finance/BioAmber-reports-loss-says-Sarnia-plant-is-85-percent-complete_63074.html
August 7, 2014
Braskem reported 124 million reais ($54.3 million) in net profit for the second quarter, compared with a R$125-million loss one year earlier, according to the company's results...
http://www.chemweek.com/people_and_business/earnings_finance/Braskem-swings-to-a-net-profit_63056.html
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