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September 10, 2013
LyondellBasell is planning to pay a 50 cts/share interim dividend on 7 October to shareholders of record as of 23 September. The ex-dividend date, after which buyers of LyondellBasell...
http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-to-pay-interim-dividend_55088.html
September 9, 2013
Sasol says that operating profits at the company's chemicals cluster tumbled 70% in the fiscal year ended 30 June 2013, to 1.9 billion South African rand, on sales up 11%, to R105.3...
http://www.chemweek.com/people_and_business/earnings_finance/Polymers-loss-causes-Sasols-chemical-profits-to-tumble-70-percent_55041.html
September 9, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Non-Farm Payrolls up 169,000 Unemployment Rate down to...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-6-September-2013_55046.html
September 9, 2013
Ferro has raised its 2015 earnings target to $1/share or higher, up from 90 cts to $1/share previously, as the company has entered into an agreement with a consulting firm to review...
http://www.chemweek.com/people_and_business/earnings_finance/Ferro-raises-2015-earnings-targets_55043.html
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
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