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May 16, 2013
Garrett:North American expansion will help push restructuring in Europe.  Borealis today reported a major drop in first-quarter net profit to €61 million ($78.5 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Borealiss-first-quarter-profit-down-Borouges-contribution-shrinks-due-to-turnaround_52045.html
May 15, 2013
Isagro (Milan) reports a €3.3-million ($4.3 million) net loss during the first quarter of 2013 compared with a €668,000 profit in the same period last year. Ebitda also...
http://www.chemweek.com/people_and_business/earnings_finance/Isagro-reports-&euro3-3-million-net-loss-during-first-quarter-owing-to-poor-weather-conditions_52015.html
May 15, 2013
Sumitomo Chemical reports a net loss of ¥51 billion ($498 million) in the fiscal year ended 31 March compared with a net profit ¥5.58 billion in the previous fiscal year due to...
http://www.chemweek.com/people_and_business/earnings_finance/Sumitomo-Chemical-reports-huge-net-loss_52012.html
May 15, 2013
Arkema's first-quarter adjusted net income contracted by 21.1% from €123 million ($159.7 million) in the first quarter of 2012, to €97 million, the company announced today...
http://www.chemweek.com/people_and_business/earnings_finance/Arkemas-first-quarter-net-income-shrinks-by-21-1-percent-on-mixed-economic-environment_52011.html
May 14, 2013
Canexus says it has entered into a "bought deal" financing agreement with a syndicate of underwriters, led by CIBC, Scotiabank, and National Bank Financial Inc., under which...
http://www.chemweek.com/people_and_business/earnings_finance/Canexus-announces-$100-million-offering_51987.html
May 14, 2013
Linde’s profit in the first quarter of 2013 rose 10%, to €340 million ($446 million), with earnings per share of €1.72 compared with €1.65 in the year-earlier...
http://www.chemweek.com/people_and_business/earnings_finance/Linde-reports-higher-profits-and-revenues-confirms-short-and-mid-term-outlooks_51766.html
May 14, 2013
Momentive Performance Materials (MPM; Waterford, NY) and Momentive Specialty Chemicals (MSC; Columbus, OH) both reported first-quarter results today, showing slight growth, though both...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-reports-net-losses-mixed-sales_51986.html
May 14, 2013
Taminco on Tuesday reported net income of $8 million for the first quarter, up 160% year-on-year (YOY) from a pro forma loss of $13 million. Net sales of $310 million were up 9.5% YOY from pro forma net sales of $283 million....
http://www.chemweek.com/people_and_business/earnings_finance/Taminco-swings-to-profit-on-higher-sales_51989.html
May 14, 2013
Valspar (Minneapolis) on Tuesday reported adjusted net income for the fiscal second quarter, ended 26 April, of $83 million, up 3.8% year-on-year (YOY), from $80 million. Adjusted earnings per share came to 91 cts, up 8.3% YOY, from 84 cents....
http://www.chemweek.com/people_and_business/earnings_finance/Valspar-earnings-up-on-flat-sales_51991.html
May 14, 2013
Oxea's (Oberhausen, Germany) first-quarter results includ a net profit up more than 31%, to €21 million ($27 million) compared with €16 million in the same quarter last...
http://www.chemweek.com/people_and_business/earnings_finance/Oxeas-net-profit-up-31-percent-during-the-first-quarter_51981.html
May 14, 2013
K+S (Kassel, Germany) reported a 13% rise in first-quarter adjusted group earnings from continued operations, to €190.2 million ($247.38 million), with revenues advancing 19%, to...
http://www.chemweek.com/people_and_business/earnings_finance/K+S-reports-higher-first-quarter-earnings-confirms-2013-outlook_51974.html
May 14, 2013
Merck KGaA’s first-quarter net income rose 54%, to €266 million ($345.9 million), on 4% higher revenues, of €2.76 billion, the company announced today. “Merck got...
http://www.chemweek.com/people_and_business/earnings_finance/Merck-KGaA-raises-first-quarter-sales-and-profits-will-meet-targets-one-year-early_51972.html
May 13, 2013
Solvay posted a 16% fall in first-quarter net income compared with the corresponding period of 2012, to €101 million, on sales down 3%, to €3 billion. Recurring Ebitda...
http://www.chemweek.com/people_and_business/earnings_finance/Weak-demand-in-Europe-weighs-on-Solvays-first-quarter-results_51953.html
May 13, 2013
Generic pesticide producer Makhteshim Agan (Tel Aviv) says its first-quarter net income rose 1%, to $90.2 million from $89.3 million, during the same quarter last year. Ebitda went up...
http://www.chemweek.com/people_and_business/earnings_finance/Makhteshims-first-quarter-net-profit-up-1-percent_51941.html
May 13, 2013
Ube Industries reports a 64.2% fall in net profits for the fiscal year ended 31 March compared with the previous fiscal year, to ¥8.2 billion ($80.5 million). Full-year sales...
http://www.chemweek.com/people_and_business/earnings_finance/Ube-records-fall-in-profits-and-sales_51939.html
May 13, 2013
,Israel Chemicals Ltd/ (ICL; Tel Aviv) today reported a 6% rise in first quarter net profit, to $305 million, on 9% higher sales, at $1.64 billion, citing strong fertilizer sales...
http://www.chemweek.com/people_and_business/earnings_finance/ICL-reports-higher-earnings-and-revenues-investigates-mining-phosphate-outside-Israel_51938.html
May 13, 2013
Tosoh recorded a 79.8% rise in net profits for its fiscal year ended 31 March compared with the previous fiscal year, to ¥16.9 billion ($166 million). Full-year sales decreased...
http://www.chemweek.com/people_and_business/earnings_finance/Tosoh-reports-rise-in-profits_51937.html
May 13, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained at 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Credit up 3.4% SAAR; up 3.5% Y/Y...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-10-May-2013_51952.html
May 10, 2013
Biobased succinic acid producer BioAmber (Minneapolis) says company shares began trading on the New York Stock Exchange (NYSE) today at $10/unit—the low end of a pricing range...
http://www.chemweek.com/people_and_business/earnings_finance/BioAmber-prices-IPO_51915.html
May 10, 2013
Rentech Nitrogen (Los Angeles) reports strength in sales, though weaker earnings, due to higher urea ammonium nitrate (UAN) volumes, though ammonia volumes were lower. Net income for...
http://www.chemweek.com/people_and_business/earnings_finance/Rentech-Nitrogen-reports-sales-increase-on-higher-UAN-volumes_51914.html
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