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August 15, 2013
Cereplast (Seymour, IN) reports that its gross profit in second-quarter 2013 was $93,000 compared with a loss of $7,000 for the year-ago period. Net sales in second-quarter 2013 were...
http://www.chemweek.com/people_and_business/earnings_finance/Cereplast-reports-big-increase-in-sales-for-second-quarter-net-loss-mounts_54509.html
August 15, 2013
Haldor Topsøe (Copenhagen) today reported a 36% rise in net profit for the first six months of this year, to 311 million Danish kroner ($55.4 million), and a 14% increase...
http://www.chemweek.com/people_and_business/earnings_finance/Topsøe-reports-higher-sales-and-profits-on-higher-demand-for-catalysts-technologies_54505.html
August 15, 2013
AZ Electronic Materials (Luxembourg) today reported a decline in first-half results on weaker sales and increased competition. AZ is a producer of high-purity specialty chemicals for...
http://www.chemweek.com/people_and_business/earnings_finance/AZ-Electronic-Materials-reports-lower-sales-and-profits-sees-softer-pickup-in-demand_54503.html
August 15, 2013
EuroChem (Moscow), Russia’s largest producer of fertilizers, has reported a 20% decrease in second quarter Ebitda to 12.7 billion Russian ruble ($402 million) on sales 8% higher...
http://www.chemweek.com/people_and_business/earnings_finance/EuroChems-second-quarter-boosted-by-acquisition-committed-to-potash-despite-turmoil_54501.html
August 14, 2013
Trian Fund Management, led by activist investor CEO Nelson Peltz, has acquired a 0.6% stake in DuPont, according to regulatory filings....
http://www.chemweek.com/people_and_business/earnings_finance/Trian-reveals-small-DuPont-stake_54496.html
August 14, 2013
Brazil's securities commission, CVM (Rio de Janeiro), has requested Braskem and energy company Petrobras to provide an explanation of the adoption of hedge accounting in the companies'...
http://www.chemweek.com/people_and_business/earnings_finance/Reports-Brazils-regulator-seeks-explanation-from-Braskem-Petrobras-of-hedge-accounting-in-second-quarter_54480.html
August 13, 2013
DuPont has adopted a cash payout severance plan for senior executives fired following a company takeover and also changed company bylaws regarding advance notice of shareholder...
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-adopts-executive-severance-and-bylaw-changes-in-advance-of-Trian-stake-disclosure_54468.html
August 13, 2013
FMC has named Chuck Thomas v.p./finance and Nicholas Pfeiffer corporate controller. Pfeiffer succeeds Graham Wood, who retires on 1 October. Thomas has been with FMC for 30 years, most...
http://www.chemweek.com/people_and_business/earnings_finance/FMC-names-new-finance-leadership_54458.html
August 13, 2013
Taminco (Allentown, PA) reports a second-quarter net loss of $13 million, or 21 cents/share, down 286% year-on-year (YOY), from $7 million....
http://www.chemweek.com/people_and_business/earnings_finance/Taminco-reports-loss-on-one-time-charges-sales-up-6-percent-to-$305-million_54459.html
August 13, 2013
Momentive Specialty Chemicals reports a net loss of $28 million compared with net income of $28 million in the year-ago quarter. Operating income fell 53.3% YOY, to $49 million...
http://www.chemweek.com/people_and_business/earnings_finance/Momentive-reports-net-losses-on-weak-epoxies-quartz_54455.html
August 13, 2013
Clariant and Ashland are planning to sell their 50-50 foundry chemicals joint venture, ASK Chemicals, according to a Reuters report. The business, which is operated by Clariant and...
http://www.chemweek.com/people_and_business/earnings_finance/Report-Clariant-Ashland-to-sell-foundry-chemicals-JV_54457.html
August 13, 2013
Valspar reports net income of $93.8 million for the quarter ended 26 July, up 8.6% from the year-ago quarter. Reported adjusted earnings were $1.07/share, up 10.3% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/Valspar-reports-stronger-earnings-but-falls-short-of-estimates_54454.html
August 13, 2013
Petrochemical producer TVK (Tiszaújváros, Hungary) says Ebitda in second-quarter 2013 more than doubled, to 7.21 billion forints ($33.2 million), from Ft2.75 billion a...
http://www.chemweek.com/people_and_business/earnings_finance/Hungarys-TVK-reports-leap-in-second-quarter-profit-modest-increase-in-sales_54451.html
August 13, 2013
Deepak Fertilisers and Petrochemicals Corp. (DFPCL; Pune, India) reports a 17% rise sales in the quarter ended 30 June, to 7.3 billion Indian rupees ($121.6 million), compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/Deepak-Fertilisers-and-Petrochemicals-reports-higher-sales-plans-to-diversify_54449.html
August 13, 2013
Potash producer K+S (Kassel, Germany) today reported a 29.4% drop in adjusted group earnings after taxes during the second quarter, to €105.9 million, compared with €150.1...
http://www.chemweek.com/people_and_business/earnings_finance/K+Ss-earnings-fall-almost-30-percent-potash-market-braced-for-volume-price-uncertainty_54446.html
August 13, 2013
Synthomer (Harlow, UK) today reported an 11% decline in Ebit for the first six months, to  £56.0 million ($86.6 million), on sales down 7.5%, to £558.3...
http://www.chemweek.com/people_and_business/earnings_finance/Synthomer-reports-lower-sales-earnings-due-to-weak-demand-in-Europe_54445.html
August 12, 2013
Biobased succinic acid firm BioAmber (Minneapolis) today reported a net loss of $6.1 million for its fiscal second quarter ended 30 June, compared to a net loss of $8.4 million in the...
http://www.chemweek.com/people_and_business/earnings_finance/BioAmber-narrows-loss_54443.html
August 12, 2013
Codexis (Redwood City, CA), a company that engineers enzymes for pharmaceutical, biofuel, and chemical production, reports a net loss of $12.60 million in the second quarter of 2013...
http://www.chemweek.com/people_and_business/earnings_finance/Codexis-net-loss-widens_54422.html
August 9, 2013
Low interest rates and easy access to credit markets have driven chemical-company debt up to record levels, according to a new report by rating service Standard & Poor’s...
http://www.chemweek.com/people_and_business/earnings_finance/S-and-P-Chemicals-debt-at-record-levels-but-maturities-manageable_54414.html
August 9, 2013
Novozymes achieved second-quarter net profit of 556 million Danish krone ($99.6 million), up 13% year-on-year (YOY), the company announced today. Net profit was up by 7% during the...
http://www.chemweek.com/people_and_business/earnings_finance/Novozymes-second-quarter-net-income-up-13-percent_54402.html
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