IHS Chemical Week

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October 24, 2013
PetroLogistics (Houston) reported net income for the third quarter of $55.1 million, up from $600,000 in the year-ago period, for a distribution of 45 cts/share. Sales totaled $198.4 million, up 27% from $156.1 million....
http://www.chemweek.com/people_and_business/earnings_finance/PetroLogistics-reports-third-quarter-income-of-$55-1-million-on-sales-of-$198-4-million_56135.html
October 24, 2013
3M (St. Paul, MN) reported third-quarter operating income for its industrial business group of $568 million, unchanged year-over-year (YOY), on sales of $2.7 billion, up 8.6%....
http://www.chemweek.com/people_and_business/earnings_finance/3M-reports-industrial-sales-up-8-6-percent-earnings-flat_56146.html
October 24, 2013
Air Liquide reported €3.77 billion ($5.19 billion) in adjusted sales revenue during the third quarter of 2013, the company announced today. Results were down 1% on a published...
http://www.chemweek.com/people_and_business/earnings_finance/Air-Liquide-adjusted-revenue-up-5-1-percent-during-the-third-quarter_56139.html
October 24, 2013
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia) today reported a major decline in third-quarter profits and a huge loss in the first nine months. Meanwhile...
http://www.chemweek.com/people_and_business/earnings_finance/Petro-Rabigh-third-quarter-profits-down-restarts-ethane-cracker_56140.html
October 23, 2013
Ferro today reported it swung to a third-quarter profit of $12.7 million, or 15 cts/share, compared with a loss of $316.1 million in the year-ago period. On and adjusted bases, net...
http://www.chemweek.com/people_and_business/earnings_finance/Ferro-swings-to-profit-as-cost-cutting-measures-take-hold_56136.html
October 23, 2013
Alpek (San Pedro Garza García, Mexico), a subsidiary of Grupo Alfa (Monterrey, Mexico), reported a consolidated net income of 725 million Mexican pesos ($56 million) for the...
http://www.chemweek.com/people_and_business/earnings_finance/Alpeks-third-quarter-net-income-falls-48-percent_56113.html
October 23, 2013
Airgas says that net income for the quarter ended 30 September grew 17% year-on-year (YOY), to $94.9 million. Earnings per share of $1.27/share were above analyst estimates of...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-reports-earnings-growth-in-second-quarter-revises-guidance_56119.html
October 23, 2013
Methanex (Vancouver) on 22 October announced plans to sell a 10% equity share in Egyptian Methanex Methanol Company (EMethanex) to Arab Petroleum Investments Corp. (Apicorp; Dammam, Saudi Arabia) for $110 million. The deal, which is expected to close later this year, will increase Apicorp’s share of the joint venture to 17%, while Methanex will retain just over 50%....
http://www.chemweek.com/people_and_business/earnings_finance/Methanex-to-sell-10-percent-share-of-Egyptian-jv-to-Apicorp-for-$110-million_56100.html
October 23, 2013
W.R. Grace reports lower third-quarter results, since double-digit growth for engineered materials and construction products were not enough to offset weak demand for catalysts. The...
http://www.chemweek.com/people_and_business/earnings_finance/W-R-Grace-profits-fall-8-percent_56115.html
October 23, 2013
Saudi International Petrochemical Co. (Sipchem; Al Khubar), citing higher prices and margins and lower charges, today reported a rise in third-quarter profits. Net profit rose 18.9%...
http://www.chemweek.com/people_and_business/earnings_finance/Sipchem-reports-higher-third-quarter-profits_56107.html
October 22, 2013
Kemira posted a huge increase in net profits in the third quarter of 2013, to €16.3 million from €1.4 million in the corresponding period of last year on sales down 2%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Kemira-posts-higher-earnings-lower-sales_56101.html
October 22, 2013
DuPont reports third-quarter operating earnings of $426 million, up 5% from the year-ago quarter, and all operating segments except for performance chemicals posted stronger earnings....
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-operating-earnings-up-5-percent-on-strength-in-most-segments_56089.html
October 22, 2013
ACC says that its monthly Chemical Activity Barometer (CAB) increased 0.3% in October on a three-month moving average basis and remains up 3.1% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/ACC-CAB-up-in-October-signaling-strong-fourth-quarter_56087.html
October 22, 2013
Sigma-Aldrich today reported third-quarter net income of $119 million, up 6% year-on-year (YOY), on sales up 4%, to $664 million. Adjusted earnings excluding some restructuring charges...
http://www.chemweek.com/people_and_business/earnings_finance/Sigma-Aldrich-beats-estimates-on-higher-sales_56086.html
October 22, 2013
Citing higher production and sales volumes and improved prices, Yanbu National Petrochemical Co. (Yansab; Yanbuʿ, Saudi Arabia), a Sabic affiliate, today reported a large increase in...
http://www.chemweek.com/people_and_business/earnings_finance/Yansabs-profits-double-Methanol-Chemical-Co-s-are-down_56085.html
October 21, 2013
Sensient Technologies says it is enacting changes to pay practices for named elected executive officers, including the CEO, CFO and COO. The company will, this year, begin issuing half...
http://www.chemweek.com/people_and_business/earnings_finance/Sensient-changes-executive-pay-incentives_56082.html
October 21, 2013
Enzymes maker Dyadic International (Jupiter, FL) announced today that it has entered into agreements with all of its outstanding promissory note holders to extend their maturity dates...
http://www.chemweek.com/people_and_business/earnings_finance/Dyadic-extends-debt-maturity-dates_56079.html
October 21, 2013
Stepan has reported third-quarter net income of $20.4 million, up 1% year-on-year (YOY), on sales up 8%, to $475.5 million. Adjusted earnings totaled 92 cts/share, up 1% and slightly...
http://www.chemweek.com/people_and_business/earnings_finance/Stepan-earnings-rise-2-percent-on-higher-sales-polymers-acquisition_56068.html
October 21, 2013
Celanese has turned in a strong third quarter, with margins increasing despite lower sales volumes. The company reports net earnings of $172 million, up 47% year-on-year (YOY). Operating Ebitda increased 19% YOY, to $355 million, whereas sales, at $1.64 billion, increased only 2% YOY....
http://www.chemweek.com/people_and_business/earnings_finance/Celanese-third-quarter-earnings-up-47-percent_56064.html
October 21, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was unchanged at a “likely” 14 out of 20 this week. Thus, we continue to post a green banner. Empire State...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-18-October-2013_56066.html
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