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October 21, 2013
Saudi Arabia Fertilizer Co. (Safco, Al Jubail), citing lower fertilizer prices, today reported a major drop in profits. Net profit in the third quarter was down 36%, to 734 million...
http://www.chemweek.com/people_and_business/earnings_finance/Safco-reports-decline-in-profits-on-lower-fertilizer-sales_56062.html
October 21, 2013
AkzoNobel today reported a 41% increase in third-quarter net income on lower revenues, mainly due to adverse currency effects and divestments. Net income rose 41% to €155 million...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-reports-higher-net-income-on-lower-sales-does-not-see-early-improvement-in-end-user-markets_56057.html
October 18, 2013
KMG Chemicals says it will close a former OM Group (OMG) site, which was acquired along with OMG's ultra-pure chemicals (UPC) business earlier this year, site in Fremont, CA by 31...
http://www.chemweek.com/people_and_business/earnings_finance/KMG-to-close-former-OM-Group-site-in-California_56038.html
October 18, 2013
Honeywell says its performance materials and technologies segment reported third-quarter segment profit up 11%, to $305 million, driven by strong performance at UOP and productivity...
http://www.chemweek.com/people_and_business/earnings_finance/Honeywell-performance-material-up-11-percent-on-strong-UOP-performance_56036.html
October 18, 2013
Yara International (Oslo), a leading global fertilizer producer, today reported a 40% drop in net income, following a major decline in second-quarter 2013. Net income after...
http://www.chemweek.com/people_and_business/earnings_finance/Yara-reports-40-percent-drop-in-net-income_56027.html
October 18, 2013
CF Industries today announced a dividend increase of 150%. The quarterly cash dividend has been increased from 40 cts/share to $1.00/share payable on 29 November to shareholders on...
http://www.chemweek.com/people_and_business/earnings_finance/CF-Industries-increases-dividend_56012.html
October 18, 2013
LG Chem reports a 23.2% decrease in net profits for the third quarter compared with the year-ago period, to 352.3 billion South Korean won ($332 million). Third-quarter sales increased...
http://www.chemweek.com/people_and_business/earnings_finance/LG-Chem-reports-fall-in-profits_56025.html
October 17, 2013
Sensient Technologies has reported third-quarter earnings down 4.1% year-on-year (YOY) $31.5 million, or 63 cts/share, on sales up 0.7%, to $372 million. Adjusted earnings, which...
http://www.chemweek.com/people_and_business/earnings_finance/Sensient-earnings-fall-but-beat-estimates_56019.html
October 17, 2013
Cytec has reported third-quarter net earnings of $43.8 million, or $1.19/share, down 25% year-on-year (YOY), with sales from continuing operations totaling $464 million, up 2%...
http://www.chemweek.com/people_and_business/earnings_finance/Cytec-beats-estimates-as-sales-rise-slightly_56017.html
October 17, 2013
DuPont plans to sell its cyanide business and has hired investment bank Morgan Stanley to run the sales process, according to recent Reuters report. Cyanide is commonly used in gold...
http://www.chemweek.com/people_and_business/earnings_finance/Report-DuPont-plans-sale-of-cyanide-business_49449.html
October 17, 2013
PPG Industries has reported third-quarter net income of $220 million, or $1.52/share, down 24% year-on-year (YOY), on sales up 17%, to $4 billion. Excluding charges, which were...
http://www.chemweek.com/people_and_business/earnings_finance/PPG-earnings-rise-on-improving-coatings-demand_55998.html
October 17, 2013
Syngenta says its third-quarter sales rose by 11%, at constant exchange rates, to $2.9 billion. Sales in Latin  America rose by 17%, to $1.2 billion; Europe, Mideast, and Africa...
http://www.chemweek.com/people_and_business/earnings_finance/Syngenta-posts-11-percent-sales-increase-maintains-full-year-target_55991.html
October 16, 2013
Albemarle has reported third-quarter net income of $90.5 million, down 1.7% year-on-year (YOY), on net sales down 1.9%, to $648.6 million. Sales fell due to the exit of...
http://www.chemweek.com/people_and_business/earnings_finance/Albemarle-beats-estimates-but-earnings-fall-on-lower-sales_55986.html
October 14, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was “likely” 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Credit up 0.4%; up 5.8%...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-11-October-2013_55924.html
October 14, 2013
KMG Chemicals today announced preliminary fiscal fourth-quarter operating income of $2.5 million, down 62.7% year-on-year (YOY), on net sales of $81.1 million, up 19.9%. Operating...
http://www.chemweek.com/people_and_business/earnings_finance/KMG-preliminary-results-beat-estimates_55923.html
October 14, 2013
Reliance Industries says net profits for its fiscal second quarter, ended 30 September, increased 1.5% compared with the same period of the previous year, to about 54.9 billion Indian...
http://www.chemweek.com/people_and_business/earnings_finance/Reliance-reports-rise-in-quarterly-profits_55917.html
October 14, 2013
Mexichem (Tlanepantla, Mexico) generated 17.05 billion Mexican pesos ($1.32 billion) in sales during the third quarter, according to the company's preliminary results filed with the...
http://www.chemweek.com/people_and_business/earnings_finance/Mexichems-third-quarter-earnings-sales-decline_55913.html
October 11, 2013
PotashCorp cut its third-quarter earnings outlook as the market turmoil over the break-up of a major potash cartel caused buyers to defer major purchases. The company expects...
http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-cuts-third-quarter-guidance_55895.html
October 10, 2013
Chemtura has reached agreement to sell its pool and spa chemicals business to KIK Custom Products (Toronto) for $315 million. The company also announced that is exploring the sale of...
http://www.chemweek.com/people_and_business/earnings_finance/Chemtura-sells-pool-chemicals-for-$315-million-exploring-sale-for-agchems_55878.html
October 10, 2013
Saudi Kayan, a Sabic affiliate; Sahara Petrochemical Co.; and Advanced Petrochemical today reported much better third-quarter results. Kayan reported net profit of 43.27 million Saudi...
http://www.chemweek.com/people_and_business/earnings_finance/Saudi-petchem-firms-report-improved-third-quarter-results-Kayan-swings-to-profit_55811.html
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