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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
October 10, 2013
Fragrance and flavors group Givaudan (Geneva) today reported a 3.7% increase in third-quarter sales to 1.09 billion Swiss francs ($1.2 billion) on a like-for-like basis with the...
http://www.chemweek.com/people_and_business/earnings_finance/Givaudan-reports-higher-third-quarter-and-nine-months-sales_55801.html
October 9, 2013
RPM today reported first-quarter net income more than double that of the year-ago quarter, at $103.1 million, on sales up 11.3% year-on-year (YOY), to $1.17 billion. Earnings totaled...
http://www.chemweek.com/people_and_business/earnings_finance/RPMs-earnings-rise-on-higher-sales-fewer-charges_55781.html
October 8, 2013
Cereplast says it has received a $1.4-million purchase order for its biopropylene-101 from Dugar Eximark (Hyderabad, India), a company specializing in green products, building...
http://www.chemweek.com/people_and_business/earnings_finance/Cereplast-sells-$1-4-million-of-biopolypropylene-to-Indian-customer_55753.html
October 7, 2013
Mosaic has lowered its annual outlook for 2013 global potash shipments because of weaker demand in India and a delay in settling a second-half contract between Canpotex, its export...
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-cuts-outlook-for-potash-shipments_55731.html
October 7, 2013
Methanol producer OCI Partners (OCIP) has priced its initial public offering of 17.5 million common units at $18/share, lower than its previous estimate of $19-20/share. OCIP said it expects the offering, which began on 4 October, to bring net proceeds of $291 million by the time it closes on 9 October....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-Partners-launches-IPO-at-$18share_55680.html
October 4, 2013
American Pacific (Las Vegas), the parent company of Ampac Fine Chemicals, is considering a sale of the whole company, according to a Reuters report. KeyBanc (Cleveland) is reportedly...
http://www.chemweek.com/people_and_business/earnings_finance/Report-American-Pacific-considering-sale_55692.html
October 3, 2013
Stolt-Nielsen posted a huge increase in net profit for the third quarter, to $21.6 million, from $6.7 million in the same quarter last year, on revenue of $521.8 million, up from...
http://www.chemweek.com/people_and_business/earnings_finance/Stolt-Nielsen-posts-a-big-hike-in-earnings-as-tanker-business-swings-to-profit_55613.html
October 2, 2013
BASF announced today that its United States affiliate, BASF Corporation, is commencing the previously announced tender offer for enzyme producer Verenium Corporation (San Diego) for...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-commences-tender-offer-to-Verenium-shareholders_55581.html
October 2, 2013
H.B. Fuller today reported fiscal third-quarter net income from continuing operations of $27.2 million, or 53 cts/share, up 1.1% year-on-year (YOY), on net revenue up 2.8%, to $514.6...
http://www.chemweek.com/people_and_business/earnings_finance/H-B-Fuller-earnings-rise-on-higher-sales_55447.html
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