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August 6, 2014
OCI Resources (OCIR; Atlanta, GA) says second-quarter income and sales increased year-over-year (YOY) as higher prices and lower costs offset the effects of a production outage. Earnings of 51 cts/share were well ahead of the analysts’ consensus estimate of 45 cts/share, as compiled by Thomson Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/OCI-Resources-beats-estimates-boosts-income-27-percent-YOY_63036.html
August 6, 2014
Rockwood Holdings today reported second-quarter net income from continuing operations up 32.7% year-on-year (YOY), to $34.1 million, or 47 cts/share, on sales up 4.1%, to $362.3...
http://www.chemweek.com/people_and_business/earnings_finance/Rockwood-beats-estimates_63025.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of MacDermid, posted a narrower net loss of $400,000 in the second quarter compared with a loss of $5.9 million in the...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-Specialty-Products-reports-income-gain-flat-sales_63020.html
August 6, 2014
PTT Global Chemical (PTTGC; Bangkok) today reported a 46% increase in second-quarter net profit, to 6.09 billion Thai baht ($188.8 million) on 36% higher revenues of baht152.4 billion...
http://www.chemweek.com/people_and_business/earnings_finance/PTTGC-reports-higher-sales-and-profits-earnings-hurt-by-drop-in-para-xylene-prices_63019.html
August 6, 2014
Nippon Shokubai, a leading producer of acrylic acid and superabsorbent polymers, today announced the results covering the first quarter of the fiscal year, ending 31 March 2015. Net...
http://www.chemweek.com/people_and_business/earnings_finance/Nippon-Shokubai-reports-higher-sales-and-earnings-gives-forecast_63008.html
August 6, 2014
Lanxess today announced its second-quarter results and detailed a previously announced restructuring program. Second-quarter net income rose to €55.0 million ($73.5 million) from...
http://www.chemweek.com/people_and_business/earnings_finance/Lanxess-outlines-realignment-as-earnings-improve-narrows-guidance_63007.html
August 6, 2014
Kuraray reports an 11.1% rise in net profits for the quarter ended 30 June compared with the year-ago period, to ¥7.28 billion ($71 million). Sales in the quarter increased 12.9%...
http://www.chemweek.com/people_and_business/earnings_finance/Kuraray-reports-rise-in-profits-and-sales_63006.html
August 6, 2014
Axiall (Atlanta) says that weakness in chlor-alkali and an unplanned outage in vinyl chloride monomer (VCM) pushed second-quarter net income down 62% year-over-year (YOY), to $27.2 million, and that sales fell 3% YOY, to $1.237 billion. Adjusted earnings of 48 cts/share fell just short of analysts’ consensus estimate of 50 cts/share, as compiled by Thomson Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/Axiall-reports-second-quarter-income-down-62-percent_63003.html
August 5, 2014
Ashland has agreed to an accelerated share buyback worth $750 million, in which the company will repurchase common stock from Deutsche Bank and JP Morgan. The agreement extends through...
http://www.chemweek.com/people_and_business/earnings_finance/Ashland-agrees-to-$750-million-accelerated-share-buyback_63000.html
August 5, 2014
International Flavors and Fragrances (IFF; New York) today reported second-quarter net income of $110.2 million, up 8% year-over-year (YOY). Reported earningsof $1.35/share in line...
http://www.chemweek.com/people_and_business/earnings_finance/IFF-sales-and-earnings-up_62988.html
August 5, 2014
Westlake (Houston) reports second-quarter net income of $169.4 million, up 35% year-over-year (YOY), on sales of $998.6 million, up 7% YOY. However, earnings of $1.26/share fell short of the analysts’ consensus estimate of $1.45, as reported by Thomson Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-reports-record-operating-profits-but-misses-estimates_62987.html
August 5, 2014
Indorama Ventures (Bangkok) reports nearly a sevenfold increase in net profits for the second quarter of 2014 compared with the second quarter of 2013, to 1.48 billion baht ($46...
http://www.chemweek.com/people_and_business/earnings_finance/Indorama-reports-huge-rise-in-second-quarter-profits_62986.html
August 5, 2014
DSM today reported second-quarter net profit from continuing operations before exceptional items of €110 million ($147.6 million), 20% down on the year-earlier quarter. Revenues...
http://www.chemweek.com/people_and_business/earnings_finance/DSM-reports-lower-sales-earnings-on-negative-currency-effects-weakness-in-caprolactam_62979.html
August 5, 2014
The petrochemical business of Idemitsu Kosan reports a 35.1% fall in operating profits for the company's fiscal first quarter, ended 30 June, compared with the year-ago period, to...
http://www.chemweek.com/people_and_business/earnings_finance/Idemitsu-Kosans-petrochemical-business-reports-fall-in-profits_62978.html
August 4, 2014
Uralkali (Berezniki, Russia), one of the world’s leading potash producers, has signed an agreement with Promsvyazbank (Moscow), one of Russia’s leading privately owned...
http://www.chemweek.com/people_and_business/earnings_finance/Uralkali-signs-agreement-with-Russian-bank-to-open-$250-million-credit-line_62957.html
August 4, 2014
Teijin reports more than a sevenfold increase in net profits for its fiscal first quarter, ended 30 June, compared with the year-ago quarter, to ¥1.64 billion ($16 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Teijin-reports-rise-in-profits_62955.html
August 4, 2014
Arab Potash Co. (Amman), a major producer of potash, reports a 4% increase in output in the first six months of the year, to 1.01 million m.t., and a 9% rise in sales to 1.19 million...
http://www.chemweek.com/people_and_business/earnings_finance/Arab-Potash-reports-lower-earnings-on-higher-energy-costs-and-lower-prices_62953.html
August 1, 2014
Wacker today reported a near doubling in second-quarter net profit and a major increase in sales in all its business segments. Net income rose 94.7%, to €29.4 million ($39.4...
http://www.chemweek.com/people_and_business/earnings_finance/Wacker-raises-sales-and-earnings-confirms-forecast-upgrade_62926.html
August 1, 2014
Cambrex (East Rutherford, NJ) reports a more than eightfold increase in net profits for the second quarter of 2014 compared with the second quarter of 2013, to $19.66 million...
http://www.chemweek.com/people_and_business/earnings_finance/Cambrex-reports-huge-rise-in-profits_62924.html
August 1, 2014
Mitsui Chemicals reports a 27.6% fall in net profits for the fiscal first quarter, ended 30 June, compared with the year-ago quarter, to ¥3.4 billion ($33 million). Sales in the...
http://www.chemweek.com/people_and_business/earnings_finance/Mitsui-Chemicals-reports-fall-in-profits_62922.html
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