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August 4, 2015
Industries Qatar (Doha), a conglomerate with interests in petrochemicals, fertilizers, and steel, reported second-quarter net profit increased 20% year-on-year, to 1.5 billion Qatari...
http://www.chemweek.com/people_and_business/earnings_finance/Industries-Qatar-lifts-sales-and-profits_72718.html
August 4, 2015
Evonik Industries has posted sales of €3.52 billion ($3.86 billion) in the second quarter, up 8% year-on-year (YOY). Adjusted net income leaped by 70% YOY, to €307 million...
http://www.chemweek.com/people_and_business/earnings_finance/Evonik-sales-increase-Ebitda-rockets-raises-full-year-outlook-again_72717.html
August 4, 2015
Westlake Chemical Partners LP (Westlake Partners; Houston) reports second-quarter net income attributable to the partnership of $10.4 million. Earnings of 39 cts per limited partner unit were equal to the analysts’ consensus estimate compiled by Thomson Reuters (New York) Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-Chemical-Partners-reports-net-income-of-$10-4-million_72733.html
August 4, 2015
Balchem reported second-quarter net earnings of $14.9 million, up 53% year-on-year (YOY). Revenue increased 2% (YOY), to $134.7 million. Reported adjusted earnings of 62 cts/share were...
http://www.chemweek.com/people_and_business/earnings_finance/Balchem-earnings-up-53-percent-on-Sensory-Effects-acquisition-and-margin-gains_72746.html
August 4, 2015
Axalta today reported a second-quarter net loss of $25.1 million, compared with a profit of $53.8 million in the year-ago quarter. Sales declined 3.5% year-on-year (YOY), to $1.09...
http://www.chemweek.com/people_and_business/earnings_finance/Axalta-results-hit-by-strong-dollar_72745.html
August 4, 2015
The petrochemical business of Idemitsu Kosan reports operating profits rose 40% in its fiscal first quarter, ended 30 June 2015, compared with the year ago quarter, to ¥9.0 billion...
http://www.chemweek.com/people_and_business/earnings_finance/Idemitsu-Kosans-petrochemical-business-reports-rise-in-operating-profits_72715.html
August 4, 2015
Westlake reports second-quarter net income of $205.1 million, up 21.1% year-over-year (YOY), on sales of $1.185 billion, up 18.6% YOY. Strong results in vinyls offset declines in olefins. Earnings per diluted share increased 22% YOY to $1.54, easily beating analysts’ consensus estimate of $1.21/share....
http://www.chemweek.com/people_and_business/earnings_finance/Westlake-income-well-ahead-of-consensus_72729.html
August 4, 2015
Cabot today reported a fiscal third-quarter net loss of $445 million, or $7.04/share, mostly due to a $482-million asset impairment charge related to the Supreme Court’s recent...
http://www.chemweek.com/people_and_business/earnings_finance/Cabot-swings-to-loss-on-MATS-ruling-charge-lower-sales_72731.html
August 4, 2015
Mosaic reports second-quarter net earnings of $390.6 million, 57.2% higher year-on-year, on higher phosphate volumes and potash prices, partially offset by Canadian resource taxes...
http://www.chemweek.com/people_and_business/earnings_finance/Mosaic-tops-estimates-on-higher-phosphate-volumes_72728.html
August 4, 2015
Asahi Kasei reports a 22% rise in net profits for its fiscal first quarter, ended 30 June 2015, compared with the year ago quarter, to ¥20.7 billion ($166.9 million). First-quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Asahi-Kasei-posts-higher-profits-sales_72713.html
August 3, 2015
Tokuyama has announced a new three-year management plan following a shortfall in its fiscal 2013–15 plan principally caused by problems at Tokuyama Malaysia, a producer of...
http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-sets-new-targets-following-deeper-losses-from-Malaysian-operation_72687.html
August 3, 2015
Tokuyama (Tokyo) reports a 98% fall in net profits for the fiscal first quarter, ended 30 June 2015, compared with the year-ago quarter, to ¥60 million ($483,870). First-quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Tokuyama-reports-lower-profits_72685.html
August 3, 2015
Chandra Asri Petrochemical (Jakarta), the largest integrated petrochemical company in Indonesia, reports net profits of $30.5 million for the first half of 2015 compared with net...
http://www.chemweek.com/people_and_business/earnings_finance/Chandra-Asri-Petrochemical-reports-huge-rise-in-profits_72681.html
August 3, 2015
Wacker Chemie on Monday reported a 10% rise in second-quarter sales to €1.37 billion ($1.50 billion). The chemical divisions and silicon wafers subsidiary Siltronic achieved...
http://www.chemweek.com/people_and_business/earnings_finance/Volumes-and-exchange-rates-lift-Wacker-Chemies-second-quarter-sales-and-earnings_72680.html
August 2, 2015
Satorp, a joint venture between Saudi Aramco and Total, which operates a refinery and an aromatics complex at Al Jubail, reported a significant rise in profits in the second quarter...
http://www.chemweek.com/people_and_business/earnings_finance/Satorps-earnings-rise-to-form-subsidiary_72679.html
July 31, 2015
Phillips 66 says that its chemical segment, a 50% equity stake in Chevron Phillips Chemical (CPChem; The Woodlands, TX), reported earnings of $295 million during the second quarter, down 9% year-over-year (YOY)....
http://www.chemweek.com/people_and_business/earnings_finance/CPChem-earnings-down-9-percent-YOY_72669.html
July 31, 2015
Debt refinancing is a risk for a group of nine high-yield-rated chemical companies with a total of about $5 billion in debt maturing in 2017 or 2018, according to a new report by...
http://www.chemweek.com/people_and_business/earnings_finance/Moodys-Debt-refinancing-a-risk-for-some-private-equity-owned-chemical-companies_72652.html
July 31, 2015
Major producer of synthetic rubber, plastics, and other petrochemicals Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia) reports an increase in output during the  first six months...
http://www.chemweek.com/people_and_business/earnings_finance/Russian-producer-NKNKs-synthetic-rubber-business-improving_72644.html
July 31, 2015
Arkema has reported a 67% increase in adjusted second-quarter net income, to €120 million ($131.3 million), on 39% higher sales of €2.1 billion. Ebitda advanced 52%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Arkemas-second-quarter-earnings-lifted-by-Bostik_72636.html
July 31, 2015
Mitsui Chemicals reports net profits for its fiscal first quarter, ended 30 June 2015, nearly quintupled compared with the year-ago quarter, to ¥16.8 billion ($135.6 million)...
http://www.chemweek.com/people_and_business/earnings_finance/Improved-trading-conditions-lift-Mitsui-Chemicals-earnings_72635.html
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