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May 8, 2014
Tronox reports a first quarter net loss of $58 million, versus a year-ago loss of $51 million, as improved pigment sales were offset by weaker results in the mineral sands segment. The 51 cent loss per share fell well below the analysts’ consensus estimate of a 27 cent loss per share. Net sales totaled $418 million, down 11% year-over-year....
http://www.chemweek.com/people_and_business/earnings_finance/Tronox-earnings-down-on-weak-mineral-sands-but-pigments-improve_60901.html
May 8, 2014
Braskem's quarter-one net profit grew 70% year-on-year (YOY), to 396 million reais ($177.5 million), partly resulting from the sale of the water treatment unit at the Triunfo, Brazil...
http://www.chemweek.com/people_and_business/earnings_finance/Braskems-net-profit-up-70-percent-on-operational-efficiencies-divestments_60903.html
May 8, 2014
FRX Polymers (Chelmsford MA) has closed its series-C financing round at $20 million, the company has announced. The financing was led by the Flemish investment company, PMV (Brussels)...
http://www.chemweek.com/people_and_business/earnings_finance/Green-flame-retardant-start-up-closes-$20-million-series-C-financing-round_60895.html
May 8, 2014
Calgon Carbon today reported first-quarter net earnings that were flat year-on-year (YOY), at $9.8 million, or 18 cts/share, while sales were down 2.6%, to $131.6 million. Earnings...
http://www.chemweek.com/people_and_business/earnings_finance/Calgon-Carbon-earnings-match-estimates-despite-lower-sales_60904.html
May 8, 2014
Petrochemical producer TVK (Tiszaújváros, Hungary) says sales in first-quarter 2014 were 8.54 billion Hungarian forint ($38.6 million), compared with Ft5.63 billion in...
http://www.chemweek.com/people_and_business/earnings_finance/TVK-first-quarter-sales-rise-by-3-percent-Ebitda-leaps-by-52-percent_60899.html
May 8, 2014
Paints and coatings company Tikkurila (Helsinki) says that its revenue for the first quarter of 2014 increased to €141.5 million ($196.8 million), compared with €138.4...
http://www.chemweek.com/people_and_business/earnings_finance/Tikkurila-sales-increase-by-2-2-percent-in-first-quarter-2014-Ebit-jumps-28-5-percent-YOY_60898.html
May 8, 2014
Lanxess has announced a process to realign the company, following a major downturn in some of the markets it serves. New CEO Matthias Zachert who took the helm on 1 April, says the...
http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-begins-realignment-under-new-CEO-raises-share-capital-Update_60886.html
May 8, 2014
Petronas Chemicals (Kuala Lumpur) reports a 32.1% fall in profits for the first quarter of 2014, compared with the first quarter of 2013, to 839 million ringgit ($260 million) largely...
http://www.chemweek.com/people_and_business/earnings_finance/Petronas-Chemicals-reports-fall-in-profits-and-sales_60894.html
May 8, 2014
Showa Denko reports a 76.8% fall in net profits for the first quarter ended 31 March 2014, compared with the year-ago period, to ¥945 million ($9.3 million), partly due to a rise...
http://www.chemweek.com/people_and_business/earnings_finance/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-mixed-results_60893.html
May 8, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, reports a net loss of $6.37 million in the first quarter of 2014 compared...
http://www.chemweek.com/people_and_business/earnings_finance/Codexis-narrows-loss_60892.html
May 8, 2014
Toray Industries reports a 22.9% rise in net profits for the company’s fiscal year ended 31 March 2014, compared with the previous fiscal year, to ¥59.60 billion ($585...
http://www.chemweek.com/people_and_business/earnings_finance/Toray-reports-rise-in-profits-and-sales_60889.html
May 7, 2014
Balchem says it has completed the acquisition of SensoryEffects, a maker of food ingredients, for $567 million. The deal was announced in early April. SensoryEffects will maintain its...
http://www.chemweek.com/people_and_business/earnings_finance/Balchem-closes-acquisition-of-SensoryEffects_60887.html
May 7, 2014
Rockwood today reported first-quarter net income of $21.7 million, more than double that of the year-ago quarter. Net sales totaled $354.5 million, up 5.2% year-on-year (YOY). Adjusted...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-earnings-rise-on-solid-surface-treatment-results_60863.html
May 7, 2014
Biesterfeld (Hamburg), a leading pan-European chemical distributor, says its operating profit slipped in 2013, to €29.4 million, with sales up 6%, to €1.06 billion. The...
http://www.chemweek.com/people_and_business/earnings_finance/Biesterfeld-posts-increase-in-annual-sales_60858.html
May 7, 2014
Brenntag posted a 3% increase in profit after tax for the first quarter, to €72 million, on sales down slightly, to €2.42 billion. Gross profit increased 1% year-on-year...
http://www.chemweek.com/people_and_business/earnings_finance/Upturn-in-Europe-North-America-boosts-Brenntags-earnings_60857.html
May 7, 2014
Innospec has reported first-quarter net income down 6% year-on-year (YOY), to $16.9 million, on sales up 11%, to $220.7 million. Adjusted earnings, excluding some foreign currency and...
http://www.chemweek.com/people_and_business/earnings_finance/Innospec-earnings-fall-despite-rising-sales_60864.html
May 7, 2014
PTT Global Chemical (PTTGC; Bangkok) reports a 47.8% fall in net profits for the first quarter of 2014 compared with the first quarter of 2013, to 6.29 billion baht ($195 million)...
http://www.chemweek.com/people_and_business/earnings_finance/PTT-Global-Chemical-reports-fall-in-first-quarter-profits_60855.html
May 7, 2014
Symrise (Holzminden, Germany) says it increased sales in the first quarter of 2014 of €470 million ($654 million) compared with €458 million in the year-ago quarter, or 2.6%...
http://www.chemweek.com/people_and_business/earnings_finance/Symrise-sales-up-2-6-percent-in-first-quarter-Ebitda-rises-by-9-0-percent_60854.html
May 7, 2014
Arkema has posted a €77-million ($107.1 million) net profit for the first quarter, swinging back to profit from a €30-million net loss during the first quarter of last year...
http://www.chemweek.com/people_and_business/earnings_finance/Arkema-swings-to-profit-but-sales-decline_60853.html
May 7, 2014
Linde says it achieved sales of €4.05 billion ($5.63 billion) in first-quarter 2014, an increase of 1.5% versus the year-ago quarter, or 7.3% after adjusting for exchange rate...
http://www.chemweek.com/people_and_business/earnings_finance/Linde-operating-profit-falls-2-7-percent-on-slight-revenue-increase-confirms-2014-outlook_60848.html
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