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July 20, 2015
National Petrochemical Co. (Petrochem; Riyadh) reports a 197% increase in second-quarter net profit, to 305.4 million Saudi riyals ($81.4 million). Operating profit was 55% higher, at...
http://www.chemweek.com/people_and_business/earnings_finance/Petrochem-Advanced-report-higher-profits-Yansabs-profits-decline_72302.html
July 17, 2015
Cytec Industries reports second-quarter net earnings of $54.7 million, down 26% year-on-year. Net sales were $508 million, down 4%. Excluding one-time items' reported earnings from continuing operations were 81 cts/share, 6% below analyst estimates compiled by Thomson Reuters (New York). 
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http://www.chemweek.com/people_and_business/earnings_finance/Cytec-earnings-fall-on-industrial-materials-weakness_72285.html
July 17, 2015

Celanese reports second-quarter net earnings of $201 million, down 28% year-on-year (YOY) from $258 million. Sales totaled $1.48 billion, down 20% YOY from $1.77 billion. Adjusted earnings of $1.58/share easily beat the analysts’ consensus estimate of $1.42/share compiled by Thomson Reuters (New York).

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http://www.chemweek.com/people_and_business/earnings_finance/Celanese-earnings-beat-estimates_72283.html
July 17, 2015
Honeywell says that performance materials and technologies profits increased 7.1% year-on-year (YOY) in the second quarter, to $509 million, on productivity efforts, “commercial...
http://www.chemweek.com/people_and_business/earnings_finance/Cost-cuts-lift-Honeywells-performance-materials-segment_72282.html
July 17, 2015
Saudi Kayan, a Sabic affiliate, reports a lower net loss in the second quarter, ended 30 June. The loss reached 13.4 million Saudi riyals ($3.57 million) compared with a net loss of...
http://www.chemweek.com/people_and_business/earnings_finance/Saudi-Kayan-narrows-second-quarter-net-loss_72278.html
July 17, 2015
LG Chem (Seoul) reports a 56% increase in second-quarter net profits compared with the corresponding period of last year, to 352.9 billion South Korean won, on sales down 14%, to...
http://www.chemweek.com/people_and_business/earnings_finance/LG-Chem-posts-big-hike-in-profits-but-sales-dip_72275.html
July 17, 2015
Kinder Morgan (Houston) has acquired Shell's 49% stake in Elba Liquefaction Co. (ELC), the owner of the Elba Liquefaction Project. Kinder Morgan currently owns 51% of the ELC joint...
http://www.chemweek.com/people_and_business/earnings_finance/Kinder-Morgan-acquires-Shells-stake-in-LNG-project_72277.html
July 16, 2015
Cost cuts helped PPG Industries beat analysts' estimates for its second-quarter results, although restructuring costs and foreign currency translation caused profits to fall. The...
http://www.chemweek.com/people_and_business/earnings_finance/PPG-profits-fall-on-restructuring-costs_72193.html
July 14, 2015
Saudi Arabian Mining Co. (Ma’aden) reported a 27% slide in second-quarter net earnings to 270.0 million Saudi riyals ($71.99 million). Net earnings in the six-month period ended...
http://www.chemweek.com/people_and_business/earnings_finance/Maaden-reports-decline-in-second-quarter-earnings_72150.html
July 13, 2015
Saudi Arabian Fertilizers Co. (Safco), a Sabic affiliate, reports a 7% decline in second-quarter net earnings, to 596 million Saudi riyals ($158.9 million). Net income for the six...
http://www.chemweek.com/people_and_business/earnings_finance/Safcos-earnings-decline-on-lower-volumes-and-prices_72099.html
July 10, 2015
Vertellus says it has doubled its alkane production capacity at its hydrogenation plant in Zeeland, MI. The boost involves new production equipment and improving infrastructure. The...
http://www.chemweek.com/people_and_business/earnings_finance/Vertellus-doubles-alkane-capacity-in-Michigan_72082.html
July 8, 2015
Petrobras (Rio de Janeiro) would consider selling its stake in Braskem as a means to build provisions against tax debts nearing 40 billion reais ($12.7 billion) to reduce debt, and...
http://www.chemweek.com/people_and_business/earnings_finance/Report-Petrobras-mulls-sale-of-stake-in-Braskem_71984.html
July 6, 2015
Paul D. Carrico has retired as Axiall president, CEO, and member of the board, effective immediately, the company says. Timothy Mann, Jr., will serve as interim president and CEO until a successor is found. “The Axiall board has an active search process under way to select the next CEO to strengthen the company’s financial performance and drive enhanced shareholder value,” the company says in a statement....
http://www.chemweek.com/people_and_business/earnings_finance/Carrico-leaves-Axiall-after-string-of-disappointing-quarters_71944.html
July 2, 2015
Molycorp has received approval from the US Bankruptcy Court on $22 million in interim debtor-in-possession (DIP) financing provided by Oaktree Capital Management. Molycorp filed for...
http://www.chemweek.com/people_and_business/earnings_finance/Molycorp-gains-court-approval-for-interim-bankruptcy-financing-from-Oaktree_71864.html
July 2, 2015
Synthomer (Harlow, UK) on Thursday issued a trading update ahead of its interim results on 11 August 2015 and says the board’s expectations for the full year remain unchanged. In...
http://www.chemweek.com/people_and_business/earnings_finance/Synthomers-second-quarter-profit-ahead-in-Asia-but-Europe-and-NA-lag-behind_71838.html
June 29, 2015
Blank-check acquisition firm Platform Specialty Products (West Palm Beach, FL) today completed its share offering, which was announced earlier this month. The company sold about 18.2...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-closes-share-offer_71744.html
June 25, 2015
Rare-earths miner Molycorp today filed for Chapter 11 bankruptcy protection for most of US operations, in order to restructure its $1.7 billion in debt obligations. Under the...
http://www.chemweek.com/people_and_business/earnings_finance/Molycorp-files-for-Chapter-11-bankruptcy-to-transfer-control-to-creditors_71610.html
June 24, 2015
Elementis said Wednesday that earnings would fall below market forecasts, citing sharply lower sales of additives to the US oilfield drilling market and weakness in certain segments in China and Latin America. The company’s shares fell 17% on 24 June, closing at 257.60p...
http://www.chemweek.com/people_and_business/earnings_finance/Elementis-hurt-by-decline-in-oil-projects-in-North-America_71558.html
June 24, 2015
Specialty chemical volumes in the United States declined 0.4% sequentially in May, as declines which have persisted since December continued, according to ACC’s specialty...
http://www.chemweek.com/people_and_business/earnings_finance/ACC-US-specialties-volumes-decline-in-May_71579.html
June 24, 2015
Blank-check acquisition firm Platform Specialty Products (West Palm Beach, FL) has priced its recently-announced stock offering at $26.50/share, with gross proceeds expected to total...
http://www.chemweek.com/people_and_business/earnings_finance/Platform-prices-stock-offer-at-$26-50share-upping-value-to-$420-million_71577.html
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