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November 15, 2012
Vopak says its Ebitda and Ebit each increased 19% in the third quarter of 2012, to €195.1 million ($248.9 million) and €144 million, respectively. Higher earnings were driven...
http://www.chemweek.com/people_and_business/earnings_finance/Vopak-reports-increase-in-operating-profits_47716.html
November 15, 2012
Lenzing says its sales decreased 1.5% in the nine-month period ended 30 September 2012, to €1.57 billion from €1.59 billion in the prior-year period. Ebitda and Ebit also...
http://www.chemweek.com/people_and_business/earnings_finance/Lenzing-reports-lower-earnings-and-sales-confirms-guidance_47719.html
November 15, 2012
Mosiac has updated their full-year tax rate and second quarter price and volume guidance. For potash, the company has downgraded its volume expectations from 1.6-1.9 million tonnes to...
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-lowers-volume-and-price-guidance-for-second-quarter_47680.html
November 15, 2012
Tessenderlo Group (Brussels) reported net losses of €40.2 million ($51.3 million) in the third quarter of 2012, compared with €16.2 million in net profits in the third...
http://www.chemweek.com/people_and_business/earnings_finance/Tessenderlo-Group-swings-to-loss_47721.html
November 14, 2012
Moody’s has downgraded its credit outlook for the chemical industry in North America, as well as Europe, the Middle East, and Africa (EMEA), the ratings service says. The outlook...
http://www.chemweek.com/people_and_business/earnings_finance/Moodys-downgrades-chemical-industry-credit-outlook_47711.html
November 14, 2012
Oxea announced price increases, effective 1 December, for i/n butanol and n butyraldehyde. In the US, Canada and Mexico, i/n butanol will increase by three cents—making the list...
http://www.chemweek.com/people_and_business/earnings_finance/Oxea-increases-butanol-prices_47708.html
November 14, 2012
Private equity firm Kohlberg Kravis Roberts & Co. (KKR; New York) is selling 6.9 million shares in Rockwood, the company says. Rockwood itself will receive no proceeds from the...
http://www.chemweek.com/people_and_business/earnings_finance/Private-equity-firm-selling-Rockwood-shares_47710.html
November 14, 2012
Ferro announced today that James Kirsch has stepped down as president and CEO and resigned from his position as the chairman of company's board of directors. The transition follows...
http://www.chemweek.com/people_and_business/earnings_finance/Ferro-CEO-James-Kirsch-resigns_47679.html
November 14, 2012
Odfjell says net losses from continued operations tripled in the third quarter of 2012, to $39 million, compared with $13 million in the third quarter of 2011. Ebitda decreased 76% in...
http://www.chemweek.com/people_and_business/earnings_finance/Odfjell-reports-deeper-net-losses-weak-chemical-tanker-market-continues_47691.html
November 14, 2012
Indorama Ventures (Bangkok) recorded a 64% fall in net profits for the third quarter of 2012 compared with the year-ago period, to $50 million. Third-quarter sales increased 0.5%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Indorama-reports-fall-in-quarterly-profits_47688.html
November 14, 2012
The deal doubles Sherwin-Williams' Latin American coatings business and increases retail distribution in many markets where current store counts are low, the company says....
http://www.chemweek.com/people_and_business/earnings_finance/Sherwin-Williams-to-acquire-Comex-for-$2-34-billion_47635.html
November 13, 2012
Tronox reported a net loss in earnings for the third quarter 2012, although sales rose because of its acquisition of Exxaro’s mineral sands business in the quarter. Net income...
http://www.chemweek.com/people_and_business/earnings_finance/Tronox-falls-short-of-estimates-but-sales-rise-on-mineral-sands-acquisition_47664.html
November 13, 2012
K+S Group (Kassel, Germany) says sales in the third quarter of 2012 increased 7.4%, to €916.6 million ($1.16 billion), compared with €853.5 million in the prior-year period...
http://www.chemweek.com/people_and_business/earnings_finance/K+S-posts-increased-sales-lower-operating-profits_47657.html
November 12, 2012
Songwon Industrial (Ulsan, Korea) reported a more than doubling in net profits for the first 9 months of 2012, compared with the year-ago period, to 16.5 billion South Korean...
http://www.chemweek.com/people_and_business/earnings_finance/Songwon-reports-huge-rise-in-profits_47636.html
November 12, 2012
Orica (Melbourne) recorded a 37% fall in net profit after tax and individually material items for the full fiscal year, ended 30 September 2012, compared with the previous fiscal year...
http://www.chemweek.com/people_and_business/earnings_finance/Orica-reports-fall-in-profits_47630.html
November 12, 2012
Tata Chemicals (Mumbai) reported a 6.8% fall in consolidated net profits for its fiscal second quarter, ended 30 September 2012, compared with the year-ago quarter, to 2.57 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Tata-Chemicals-reports-fall-in-profits_47627.html
November 12, 2012
Tosoh recorded a 96.9% fall in net profits for its fiscal first half, ended 30 September 2012, compared with the year-ago period, to ¥310 million ($3.9 million). Sales decreased...
http://www.chemweek.com/people_and_business/earnings_finance/Tosoh-reports-huge-fall-in-profits-downgrades-earnings-sales-projections_47625.html
November 9, 2012
OM Group today reported adjusted earnings of 25 cts/share, 32% below analyst’s consensus estimate of 37 cts/share, as reported by Thomson Reuters (New York). The company...
http://www.chemweek.com/people_and_business/earnings_finance/OM-Group-falls-short-of-estimates-as-volumes-prices-decline_47613.html
November 9, 2012
Evonik Industries today reported a 5% increase in third-quarter net income to €355 million ($452.7 million) on 6% lower sales of €3.42 billion, partly due to the July 2011...
http://www.chemweek.com/people_and_business/earnings_finance/Evonik-reports-higher-earnings-on-lower-sales-positive-on-2012_47583.html
November 8, 2012
Westlake Chemical Corp.on Thursday reported net income for the third-quarter of $87.0 million, a 28% year-over-year (YOY) increase, despite lower sales, which fell 15% to $821.2 million....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-3Q-earnings-up-28-percent-on-lower-costs-and-higher-volumes_47568.html
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