IHS Chemical Week

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February 24, 2015
Westlake Chemical Partners LP (Houston) reports net income of $8.6 million on sales of $274 million for the fourth quarter of 2014. The period was the first full quarter for the business, a master limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities. Earnings of 32 cts per limited partner unit were short of the analysts’ consensus estimate of 34 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-ethylene-MLP-reports-net-income-of-$8-6-million-for-its-first-full-quarter_68048.html
February 24, 2015
Specialty chemicals producer Elementis (London) today announced its results for 2014. Group sales were 2% higher than a year ago, reaching $790.4 million with no material impact from...
http://www.chemweek.com/people_and_business/earnings_finance/Elementis-reports-higher-sales-and-earnings_68030.html
February 24, 2015
Agrium reports fourth-quarter net earnings of $51 million, down 48.5% year-on-year, on sales down 5.6% YOY, to $2.7 billion. Wholesale sales for the fourth quarter decreased YOY as a...
http://www.chemweek.com/people_and_business/earnings_finance/Agrium-adjusted-profits-fall-10-percent-but-beat-estimates_68046.html
February 24, 2015
Valspar today reported fiscal first-quarter net income that almost doubled year-on-year (YOY), to $104 million, on net sales up 4%, to $992 million. Adjusted net income rose 16.4% YOY...
http://www.chemweek.com/people_and_business/earnings_finance/Valspar-beats-estimates-but-cuts-full-year-sales-guidance_68047.html
February 20, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
http://www.chemweek.com/people_and_business/earnings_finance/Omnova-and-Barington-reach-agreement-on-board-seats_67977.html
February 20, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) has announced sales of €875,000 ($997,000) in fourth-quarter 2014, compared €375,000 in the...
http://www.chemweek.com/people_and_business/earnings_finance/METabolic-EXplorer-announces-sales-of-$997000-in-fourth-quarter-2014_67968.html
February 20, 2015
Indorama Ventures (Bangkok) reports a net loss of 890 million baht ($27.3 million) for the fourth quarter of 2014, compared with a net loss of baht456 million in the fourth quarter of...
http://www.chemweek.com/people_and_business/earnings_finance/Indorama-widens-fourth-quarter-loss-looking-at-acquisitions-worth-over-$1-billion-this-year_67970.html
February 20, 2015
Axiall reports a net loss of $13.8 million for the fourth quarter, a sharp drop year-over-year (YOY) from $57 million. Net sales were flat YOY at $1.1 billion. Adjusted earnings per share of 19 cts beat the mean analysts’ estimate of 16 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Axiall-swings-to-loss-but-beats-estimates_67912.html
February 19, 2015
Calgon Carbon has reported fourth quarter net income up 10% year-on-year (YOY), to $12.1 million, on sales up 5.7%, to $140.6 million. The activated carbon segment, which constitutes...
http://www.chemweek.com/people_and_business/earnings_finance/Calgon-Carbon-earnings-rise-on-strong-activated-carbon-sales_67901.html
February 19, 2015
OMV (Vienna) says that operating profit at its petrochemicals business slipped in the fourth quarter of 2014 to €21 million, from €25 million in the corresponding quarter of...
http://www.chemweek.com/people_and_business/earnings_finance/OMVs-petchem-profit-slips_67888.html
February 19, 2015
The winners of a £20-million ($31 million) competition to bring innovative biotechnology projects to market have been announced this week. A total of 23 projects, ranging from...
http://www.chemweek.com/people_and_business/earnings_finance/Winners-of-$31-million-UK-industrial-biotechnology-competition-announced_67886.html
February 19, 2015
Huntsman reports a loss of $38 million for the fourth quarter of 2014, down 190% year-over-year (YOY) from profit of $41 million on lower earnings from the pigment and additives division. Sales for the quarter totaled $2.95 billion, up 9% YOY from $2.70 billion. Adjusted diluted income of 33 cts/share missed the mean analysts’ estimate of 37 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/people_and_business/earnings_finance/Huntsman-swings-to-$38-million-loss-misses-estimates_67862.html
February 19, 2015
Polymer resins producer Nuplex Industries (Auckland) says net profits for the company’s fiscal first half, ended 31 December 2014 more than tripled, compared with the first half...
http://www.chemweek.com/people_and_business/earnings_finance/Nuplex-reports-huge-rise-in-profits_67887.html
February 18, 2015
US specialty chemical market volumes fell 0.5% on a sequential basis in January, following gains of 0.3% and 0.6%, respectively, in November and December, according to ACC. The drop...
http://www.chemweek.com/people_and_business/earnings_finance/ACC-Specialties-market-volumes-decline-in-January_67881.html
February 18, 2015
Innospec has reported net income down 3.0% year-on-year (YOY), to $27.9 million, or $1.11/share, on sales up 20%, to $290.7 million. Ebitda rose 28% YOY, to $49.5 million, while...
http://www.chemweek.com/people_and_business/earnings_finance/Innospec-net-income-declines-despite-higher-sales_67865.html
February 18, 2015
ENI (Rome) has announced that its chemicals subsidiary Versalis narrowed its net loss to €58.0 million ($66.1 million) in the fourth quarter of 2014 from €116 million in...
http://www.chemweek.com/people_and_business/earnings_finance/Versalis-cuts-its-losses-on-higher-margins-restructuring_67860.html
February 18, 2015
Clariant today reported fourth-quarter sales of 1.59 billion Swiss francs ($1.69 billion), rising 2.0% in local currencies. The increase was driven by higher prices. Despite some...
http://www.chemweek.com/people_and_business/earnings_finance/Clariant-reports-mixed-results-does-not-expect-to-achieve-midterm-Ebitda-margin-target-in-2015_67854.html
February 18, 2015
Stepan today reported net income down 42% year-on-year (YOY), to $6.2 million, or 27 cts/share, on sales down 4%, to $454.2 million. Adjusted net income totaled $8.8 million, or 38...
http://www.chemweek.com/people_and_business/earnings_finance/Stepan-misses-estimates-on-weak-surfactants-results_67864.html
February 18, 2015
The petrochemicals business of Indian Oil (New Delhi) reports an 11% increase in sales in the fiscal third quarter, ended 31 December 2014, compared with the year-ago quarter, to 51.0...
http://www.chemweek.com/people_and_business/earnings_finance/Indian-Oils-petrochemicals-business-reports-rise-in-sales_67852.html
February 18, 2015
CF Industries reports a drop in fourth-quarter profits as higher selling prices were offset by lower volumes and higher natural gas costs. Net earnings fell 26.8% year-on-year (YOY)...
http://www.chemweek.com/people_and_business/earnings_finance/CF-profits-fall-on-higher-natural-gas-prices_67861.html
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