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February 5, 2014
Syngenta, the world's largest producer of agricultural chemicals, today announced its fourth-quarter and full-year 2013 results and said it is embarking on a cost-savings plan that...
http://www.chemweek.com/people_and_business/earnings_finance/Syngenta-embarks-on-cost-savings-plan-as-earnings-decline-ups-margin-target_58560.html
February 5, 2014
Mitsubishi Chemical Holdings, the parent company of Mitsubishi Chemical, says net profits increased more than fourfold in its fiscal first nine months, ended 31 December 2013, compared...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsubishi-reports-huge-rise-in-profits-but-cuts-full-year-earnings-projection_58559.html
February 4, 2014
Kuraray reports a 3.5% rise in net profits for its fiscal first nine months, ended 31 December 2013, compared with the year-ago period, to ¥22.15 billion ($218 million). Nine-month...
http://www.chemweek.com/people_and_business/earnings_finance/Kuraray-reports-rise-in-profits-and-sales_58553.html
February 4, 2014
BP's petrochemicals business reports an underlying replacement cost (RC) profit before interest and taxes of $44 million in the fourth quarter of 2013, down slightly from $46 million...
http://www.chemweek.com/people_and_business/earnings_finance/BPs-petchem-profit-slips_58551.html
February 4, 2014
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 2.7% rise in operating profits for the fourth quarter of 2013 compared with the...
http://www.chemweek.com/people_and_business/earnings_finance/SK-Global-Chemical-reports-a-slight-increase-in-operating-profits_58537.html
February 3, 2014
Borealis has received a €150-million ($202.2 million) loan from the European Investment Bank (EIB; Luxembourg) to finance research activities on plastic materials, Borealis and...
http://www.chemweek.com/people_and_business/earnings_finance/Borealis-secures-&euro150-million-in-EIB-funding-for-R-and-D_58507.html
February 3, 2014
Tosoh today reported that for the nine months from 1 April 2013 through 31 December 2013, net income rose ¥17.2 billion ($170.5 million), to ¥22.7 billion, on sales...
http://www.chemweek.com/people_and_business/earnings_finance/Tosohs-sales-and-earnings-soar-full-year-forecast-confirmed_58503.html
February 3, 2014
Teijin reports nearly a sixfold increase in net profits for its fiscal first nine months, ended 31 December 2013, compared with the year-ago period, to ¥5.02 billion ($49.2...
http://www.chemweek.com/people_and_business/earnings_finance/Teijin-reports-huge-rise-in-profits_58494.html
February 3, 2014
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Consumer Confidence up 3.2 points to five-month high...
http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-31-Jan-2014_58512.html
January 31, 2014
Strong performance in the Americas and a tax benefit lifted LyondellBasell Industries’ fourth-quarter net income to $1.175 billion, up 89% year-on-year from $623 million, says the company, and 38% from the third quarter’s $851 million. Earnings of $2.11/share handily surpassed the consensus estimate of $1.40 reported by Thomson Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/LyondellBasell-finishes-record-year-with-strong-quarter_58466.html
January 31, 2014
Composite materials supplier Gurit (Zurich) says its sales for the fourth quarter 2013 were SF 75.4 million ($83.9 million), compared with SF 63.9 million in the year-ago quarter, an...
http://www.chemweek.com/people_and_business/earnings_finance/Gurit-reports-18-percent-YoY-increase-in-fourth-quarter-sales_58465.html
January 31, 2014
Sumitomo Chemical reports a net profit of ¥24.55 billion ($239 million) for the fiscal first nine months, ended 31 December 2013, compared with a net loss of ¥40.69 billion in...
http://www.chemweek.com/people_and_business/earnings_finance/Sumitomo-Chemical-swings-to-profit_58457.html
January 31, 2014
Tokuyama (Tokyo) reports a net profit of ¥7.49 billion ($73 million) for the fiscal first nine months, ended 31 December 2013, compared with a net loss of ¥10.84 billion in the...
http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-swings-to-profit-upgrades-earnings-sales-projections_58456.html
January 30, 2014
Strong sales of Tritan copolyester and fibers helped Eastman Chemical offset weak adhesives results and higher propane costs and swing to profit in its fiscal fourth quarter. The...
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-beats-estimates_58451.html
January 30, 2014
Minerals Technologies today reported earnings up 3.1% year-on-year (YOY), to $22.6 million, or 65 cts/share on sales up 1%, to $256.6 million. Adjusted earnings, which excluded an...
http://www.chemweek.com/people_and_business/earnings_finance/Minerals-Technologies-earnings-beat-estimates_58452.html
January 30, 2014
Cytec today reported adjusted earnings from continuing operations down 3.5% year-on-year (YOY), to $41.9 million, on sales up 1.9%, to $480 million. Actual earnings totaled $59.4...
http://www.chemweek.com/people_and_business/earnings_finance/Cytec-earnings-decline-but-beat-estimates_58450.html
January 30, 2014
Potash Corporation of Saskatchewan (PotashCorp) reports fourth-quarter earnings of $230 million (26 cts/share), down 45.4% year-on-year (YOY), mainly due to weak prices for nutrients...
http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-profits-slump-expects-weaker-results-in-2014_58449.html
January 30, 2014
Sherwin-Williams (SW) today reported fourth-quarter net earnings of $116.1 million, or $1.14/share, up 70.5% year-on-year (YOY), on sales up 10.8%, to $2.46 billion. The increases were...
http://www.chemweek.com/people_and_business/earnings_finance/Sherwin-Williams-earnings-rise-on-higher-architectural-paint-volumes_58448.html
January 30, 2014
Bayer CropScience (Mumbai) today reported board changes. Stephan Gerlich, vice chairman and managing director stepped down as of today. The company has appointed Richard van der Merwe...
http://www.chemweek.com/people_and_business/earnings_finance/Bayer-CropScience-makes-India-board-changes-reports-higher-sales_58426.html
January 30, 2014
AkzoNobel India (Gurgaon) announced today that it has appointed Jayakumar Krishnaswamy as managing director. He replaces Amit Jain, who is taking on a larger role within the AkzoNobel...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-India-appoints-new-managing-director-ups-sales_58425.html
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