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September 6, 2013
The National Association of Chemical Distributors (NACD, Arlington, VA) says its annual productivity survey of member firms shows lower overall profit ratios despite stronger...
http://www.chemweek.com/people_and_business/earnings_finance/NACD-productivity-survey-shows-lower-profit-ratio-for-distributors-in-2012_55015.html
September 4, 2013
Rockwood announced today that is has completed the sale of its advanced ceramic business CeramTec (Plochingen, Germany) to Cinven, a European private equity firm, for €1.49...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-completes-sale-of-ceramics-business-for-$1-75-billion_54899.html
September 4, 2013
Evonik Industries has agreed a €1.75-billion ($2.3 billion) syndicated revolving credit facility with its core banking group, the company announced today. The credit facility...
http://www.chemweek.com/people_and_business/earnings_finance/Evonik-signs-&euro1-75-billion-revolving-credit-facility_54895.html
September 4, 2013
OCI Resources, comprising the majority-owned US soda ash operations of OCI (Seoul), is offering a 25.1% limited partner interest to public shareholders in the form of 5 million common units. The company expects the shares to be priced at $19–21 each, for a total value of about $100 million....
http://www.chemweek.com/people_and_business/earnings_finance/Soda-ash-maker-OCI-Resources-details-$100-million-IPO_54879.html
September 3, 2013
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a leading petrochemicals and synthetic rubber producer, reports a drop in sales and profits in the first six months of this year...
http://www.chemweek.com/people_and_business/earnings_finance/Russian-firm-NKNK-reports-declines-in-sales-profits-due-to-lower-rubber-prices_54875.html
September 3, 2013
Arsenal Capital (New York) has acquired International Fiber Corp. (IFC; Tonawanda, NY), a leading supplier of cellulose-based insoluble fiber products for food and industrial...
http://www.chemweek.com/people_and_business/earnings_finance/Arsenal-Capital-acquires-International-Fiber-Corp-_54795.html
August 30, 2013
Tessenderlo Group on Thursday issued a profit warning, blaming competition at its Akiolis food waste processing operation in France and farmers not investing in fertilizers...
http://www.chemweek.com/people_and_business/earnings_finance/Tessenderlo-reports-larger-second-quarter-loss-issues-profit-warning_54836.html
August 29, 2013
Kemira has a signed €400-million ($534.5 million) revolving credit facility with eight banks, the company announced today. This is a committed credit facility to be used for...
http://www.chemweek.com/people_and_business/earnings_finance/Kemira-signs-&euro400-million-revolving-credit-facility_54814.html
August 29, 2013
Rockwood’s board of directors has voted to raise its quarterly dividend 12.5%, to 45 cts/share, the company says. The dividend will be paid on 26 September to shareholders of...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-raises-dividend_54822.html
August 29, 2013
Nabaltec (Schwandorf, Germany), a producer of functional fillers for plastics and raw materials for technical ceramics, reports a slight decline, owing to lower prices, in...
http://www.chemweek.com/people_and_business/earnings_finance/Nabaltec-reports-lower-revenues-on-weakness-in-electronics-confirms-outlook_54809.html
August 28, 2013
Aceto’s (Port Washington, NY) fiscal fourth-quarter net income was up 35.7% year-on-year (YOY), to $5.4 million, or 19 cts/share, on sales up 11%, to $123.1 million, the company...
http://www.chemweek.com/people_and_business/earnings_finance/Aceto-earnings-rise-on-strong-pharma-business_54806.html
August 28, 2013
RPM announced today that it has reached an agreement with the US General Services Administration (GSA; Washington) resolving a dispute over improper pricing and discounting practices...
http://www.chemweek.com/people_and_business/earnings_finance/RPM-reaches-agreement-with-US-government-on-roofing-contract-issues_54798.html
August 28, 2013
Sociedad Química y Minera de Chile (SQM; Santiago) reports net income of $107.4 million for the second quarter of 2013, down 44% compared with the year before. Net income also...
http://www.chemweek.com/people_and_business/earnings_finance/SQMs-second-quarter-net-income-shrinks-44-percent_54787.html
August 28, 2013
Penrice Soda Holdings (Adelaide, Australia) on Tuesday reported an increased full-year 2013 underlying net loss of A$21.4 million ($19.1 million) on sales 8% down, to A$137.22 million...
http://www.chemweek.com/people_and_business/earnings_finance/Penrice-reports-lower-earnings-as-it-switches-to-importing-soda-ash_54785.html
August 26, 2013
Sinopec’s chemicals segment reports an operating loss of 409 million renminbi ($67 million) in the first half of 2013 compared with an operating loss of Rmb1.25 billion in the...
http://www.chemweek.com/people_and_business/earnings_finance/Sinopecs-chemical-losses-narrow_54727.html
August 26, 2013
Petronas Chemicals (Kuala Lumpur) reports an increase in second-quarter profits on lower sales, citing lower prices and  higher level of plant maintenance. Profit after tax in the...
http://www.chemweek.com/people_and_business/earnings_finance/Petronas-Chemicals-reports-higher-profits-on-lower-sales-citing-lower-prices-and-plant-maintenance_54725.html
August 26, 2013
Petronas Group (Kuala Lumpur), Malaysia’s energy major and parent company of Petronas Chemicals, today reported a 4% drop in second quarter pretax profit, to 21.98 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Petronas-reports-lower-profits-could-scrap-$19-billion-Rapid-project_54732.html
August 26, 2013
Siegfried (Zofingen, Switzerland), a producer of active pharmaceutical ingredients (APIs), pharma intermediates, and finished dosage form products, reports a significant rise in sales...
http://www.chemweek.com/people_and_business/earnings_finance/Siegfried-reports-increase-in-profits-and-revenue-sees-positive-trend-in-second-half_54729.html
August 23, 2013
Vopak says that Ebit, excluding exceptional items, in second-quarter 2013 was €141.9 million ($189.3 million), compared with €143.1 million a year ago, a decrease of 0.8%...
http://www.chemweek.com/people_and_business/earnings_finance/Vopak-reports-steady-sales-profit-in-first-half_54713.html
August 23, 2013
Gurit (Zürich) says its operating profit in the first half of 2013 shrank to 0.6 million Swiss francs ($0.65 million), compared with a "strong" operating profit of...
http://www.chemweek.com/people_and_business/earnings_finance/Gurit-sales-fall-34-percent-in-first-half-Ebitda-plunges-90-percent_54711.html
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