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October 29, 2015
Praxair today reported third-quarter net income down 16% year-on-year (YOY), to $401 million, on sales down 15%, to $2.69 billion. Adjusted earnings, which excluded a restructuring...
October 29, 2015
Methanex reports third-quarter net income of $78 million, up 50% year-over-year (YOY), on revenues of $527 million, down 29% YOY. Adjusted earnings of 26 cts/share missed the analysts’ consensus estimate of 37 cts/share. "Our third quarter adjusted net income reflects lower average realized methanol pricing compared to the second quarter of 2015,” says John Floren, president and CEO....
October 29, 2015
Chemtura reports third-quarter net income of $31 million for the quarter ended 30 September, up 107% year-on-year (YOY). Adjusted earnings of 45 cts/share were up 62% YOY and beat the...
October 29, 2015
Sherwin-Williams (SW) today reported third-quarter net income up 14.8% year-on-year (YOY), to $374.5 million, on sales that were roughly flat, at $3.15 billion. Earnings totaled...
October 29, 2015
Cabot Mircoelectronics reports net income of $12.5 million for the quarter ended 30 September, down 28% year-on-year (YOY). Net income was down primarily due to lower revenue...
October 29, 2015
Total says that adjusted net operating income in the company's refining and chemicals business jumped 82% in the third quarter, compared with the corresponding period of last year, to...
October 29, 2015
Air Products reported adjusted net income of $397 million for its fiscal fourth quarter ended 30 September, up 11% versus year-on-year (YOY). Reported earnings of $1.82/share were up 10% YOY and 2 cts above analyst estimates as reported by Thomson Reuters (New York). Sales of $2.5 billion decreased 9% YOY on unfavorable currency impacts and lower energy pass-through costs. Overall volumes were unchanged YOY as industrial gases Asia and the liquified natural gas (LNG) equipment business grew while materials technologies and Americas industrial gases volumes were lower....
October 29, 2015
Solvay reports €115 million ($126.9 million) in net income for the third quarter, down 15.5% year-on-year (YOY). Recurring Ebitda (Rebitda) was nevertheless up 14.4% YOY, to...
October 29, 2015
Wacker Chemie on Thursday reported a 23.9% decline in third-quarter Ebitda to €264.3 million ($289.1 million) on 10.2% higher sales of €1.36 billion. Wacker has confirmed its...
October 29, 2015
Bayer on Thursday announced increases in its third-quarter sales and profits but it has downgraded its outlook for the whole of 2015. Recently separated Covestro, formerly Bayer...
October 28, 2015
Kraton Performance Polymers reports net income of $8.4 million down 49% due mainly to acquisition-related charges and gains in the current and year-ago quarter. Adjusted net income...
October 28, 2015
Orion Engineered Carbons today reported third-quarter net income of €12.1 million ($13.2 million), compared with a loss of €40.8 million in the year-ago quarter. Earnings...
October 28, 2015
Linde has reported Ebit of €3.14 billion ($3.47 billion) in the first nine months of this year, compared with €2.90 billion in the corresponding period a year ago, an...
October 28, 2015
Westlake Chemical Partners (Houston) has declared a distribution of 29.94 cts/share, an increase of 2.89% over the second-quarter distribution. The distribution is the fifth since the company’s initial public offering closed on 4 August, 2014....
October 28, 2015
Lubricants maker Quaker Chemical has reported net income down 8.3% year-on-year (YOY), to $14.4 million, or $1.08/share, on net sales down 5%, to $189.2 million. Results declined...
October 28, 2015
FMC swung to a third-quarter loss of $2.4 million, compared with net income of $56 million in the year-ago quarter, due to the strong dollar and weakness in agriculture. Adjusted...
October 28, 2015
Grupo Kuo (Mexico City) sales revenue from its synthetic rubber and plastics business totaled 2.52 billion Mexican pesos ($152.2 million) down slightly from the peso2.53 billion...
October 28, 2015
Dow Corning today announced third quarter net income down 59% year-on-year (YOY), to $72 million, while sales declined 9%, to $1.39 billion. Adjusted net income, excluding a fair value...
October 28, 2015
Axalta today reported a third-quarter net profit of $35.1 million, compared with a loss of $19.9 million in the year-ago quarter. Sales were down 9.8% year-on-year (YOY), to $1.0...
October 28, 2015
OxyChem, the chemical business of Occidental Petroleum (Houston), turned in pre-tax core earnings of $174 million during the third quarter, up 26% year-over-year (YOY), says the company. Revenues totaled $1.008 billion, down 18% YOY. Occidental attributes the earnings gain to lower ethylene and energy costs, partially offset by lower sales prices and volumes across most product lines...
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