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February 1, 2016
Teijin reports a net profit of ¥34.9 billion ($288.5 million) in the fiscal first nine months, ended 31 December 2015, compared with a net loss of ¥14.4 billion in the year-ago...
http://www.chemweek.com/people_and_business/earnings_finance/Teijin-swings-to-profit_76835.html
February 1, 2016
PhosAgro (Moscow) on Monday reported an increase in the production and sales of fertilizers in 2015. Production was 10.4% higher year-on-year (YOY) at 6.8 million m.t. with sales...
http://www.chemweek.com/people_and_business/earnings_finance/PhosAgro-reports-higher-fertilizer-phosphate-rock-output-in-2015_76842.html
January 29, 2016
Phillips 66 reports that its chemicals segment, a 50% share of Chevron Phillips Chemical (CPChem),  contributed $212 million to fourth-quarter earnings, down 14% year-over-year (YOY) from $267 million. Declines in both the olefins and polyolefins (O&P) and specialties, aromatics and styrenics (SA&S) businesses were offset somewhat by a $34 million tax adjustment....
http://www.chemweek.com/people_and_business/earnings_finance/CPChem-fourth-quarter-earnings-drop-14-percent-YOY_76821.html
January 29, 2016
Praxair has reported fourth-quarter 2015 net income of $422 million, up 40% year-on-year (YOY), on sales down 13%, to $2.60 billion. The declines were due to negative currency impacts...
http://www.chemweek.com/people_and_business/earnings_finance/Praxair-matches-estimates-as-volumes-decline-on-weak-end-markets_76817.html
January 29, 2016
Unipetrol (Prague) estimates that lost earnings due to a previously reported explosion and fire at the company’s Litvínov, Czech Republic steam cracker on 13 August 2015...
http://www.chemweek.com/people_and_business/earnings_finance/Unipetrol-counts-cost-of-cracker-explosion_76820.html
January 29, 2016
Air Products reports fiscal first-quarter 2016 net income up 9.3% year-on-year (YOY), to $372 million, while sales fell 8% YOY, to $2.4 billion, primarily because of unfavorable...
http://www.chemweek.com/people_and_business/earnings_finance/Air-Products-income-up-sales-down_76816.html
January 29, 2016
Sasol, in its trading statement for the six months ended 31 December 2015, which cover the company’s first half of 2016, says business continued to perform strongly across most...
http://www.chemweek.com/people_and_business/earnings_finance/Sasol-results-impacted-by-low-oil-prices-chemicals-expansion-project-at-Secunda_76809.html
January 29, 2016
PetroChina warned on Friday that its 2015 net profit fell 60–70% from a year earlier. The company reports a net profit of Rmb107.2 billion ($16.3 billion) in 2014. PetroChina has...
http://www.chemweek.com/people_and_business/earnings_finance/PetroChina-2015-net-profits-fell-60-70-percent_76808.html
January 29, 2016
Tokuyama (Tokyo) on Friday announced its consolidated results for the third quarter of fiscal 2015, ended 31 December 2015. Operating income was down 18% year-on-year (YOY) to...
http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-reports-lower-operating-income-on-flat-sales_76806.html
January 29, 2016
Fertilizer major Yara International (Oslo) said on Friday that it will take an asset impairment charge of approximately 1.15 billion Norwegian kroner ($133.6 million) in its...
http://www.chemweek.com/people_and_business/earnings_finance/Yara-profits-hit-by-writedowns-outages_76800.html
January 29, 2016
Eastman Chemical reports net earnings for the fourth quarter of $125 million, up from $17 million in the year-ago period, on sales of $2.225 million, down 5% year-over-year (YOY). Adjusted earnings per share of $1.59 declined 3% YOY, but beat the average analyst estimate of $1.55 as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Eastman-fourth-quarter-earnings-beat-estimates_76772.html
January 28, 2016
Airgas reports fiscal third-quarter net income down 20% year-on-year (YOY), to $73.9 million, on net sales down slightly at 2.7%, to $1.3 billion YOY, reflecting the challenging...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-income-sales-down-on-challenging-industrial-economy_76744.html
January 28, 2016
Cabot Microelectronics today reported fiscal first-quarter net income down 9.6% year-on-year (YOY), to $11.3 million, on sales that were roughly flat YOY, at $100.4 million. Continued...
http://www.chemweek.com/people_and_business/earnings_finance/Cabot-Micro-beats-estimates-despite-lower-volumes_76737.html
January 28, 2016
PotashCorp reports fiscal fourth-quarter net income down nearly 50% year-on-year (YOY), to $201 million, mostly due to weaker fertilizer prices in late 2015 and lower sales volumes...
http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-income-sales-down_76732.html
January 28, 2016
Methanex (Vancouver) reports net income for the fourth quarter of $11 million, down 92% year-over-year (YOY) from $140 million. Revenue fell 34% YOY to $484 million on a steep decline in methanol prices, the result of falling crude oil values and new production capacity. Adjusted earnings of 16 cts/share, down from 85 cts/share in the year-ago period and just shy of the average analyst estimate of 17 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Methanex-earnings-down-92-percent-YOY-on-steep-price-decline_76727.html
January 28, 2016
Sherwin-Williams (SW) today reported fourth quarter net income up 49.2% year-on-year (YOY), to $198.0 million, as architectural paint volumes rose and costs declined, offsetting...
http://www.chemweek.com/people_and_business/earnings_finance/Sherwin-Williams-beats-estimates-on-lower-costs-higher-volumes_76728.html
January 28, 2016
Shin-Etsu Chemical reports a 16.4% rise in net profits for the fiscal first nine months, ended 31 December 2015, compared with the year-ago period, to ¥116.4 billion ($981.4...
http://www.chemweek.com/people_and_business/earnings_finance/Shin-Etsu-reports-rise-in-profits_76726.html
January 28, 2016
S-Oil Corp. (Seoul), a leading refiner and aromatics producer majority owned by Saudi Aramco, on Thursday reported a swing to profit in the fourth quarter of last year citing an...
http://www.chemweek.com/people_and_business/earnings_finance/S-Oil-swings-to-profit-citing-improvement-in-refining-business_76723.html
January 27, 2016
Siam Cement Group (SCG; Bangkok) on Wednesday reported its chemical business's fourth-quarter and full-year 2015 profits more than doubled. The quarterly profit increased 113%, to 7.53...
http://www.chemweek.com/people_and_business/earnings_finance/Siam-Cements-chemicals-profits-surge-on-lower-revenues_76702.html
January 27, 2016
BASF said that 2015 income from operations before special items will total €6.7 billion ($7.3 billion), down 8% compared with the prior year, according to preliminary figures...
http://www.chemweek.com/people_and_business/earnings_finance/BASF-2015-profit-to-be-hit-by-oil-and-gas-lower-petrochemical-margins_76695.html
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