IHS Chemical Week

Archives :: Regions :: North America

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July 30, 2015
PotashCorp reports second-quarter net income down 11.7% year-on-year (YOY), to $417 million, on net sales down 8.5%, to $1.7 billion. Adjusted earnings of 50 cts/share were down 10.7%...
http://www.chemweek.com/regions/north_america/PotashCorp-earnings-fall-on-weak-nitrogen-prices_72567.html
July 30, 2015
ACC’s chemical activity barometer (CAB), a leading indicator of economic activity measured on a three-month moving average, increased 0.1% in July, following consecutive monthly...
http://www.chemweek.com/regions/north_america/ACC-CAB-rises-modestly-in-July-signals-slow-gains-in-activity-into-early-2016_72566.html
July 30, 2015
Air Products today reported fiscal third-quarter net income up 2% year-on-year (YOY), to $318.8 million, or $1.47/share, on sales down 6%, to $2.47 billion. Excluding restructuring and...
http://www.chemweek.com/regions/north_america/Air-Products-earnings-beat-estimates-despite-sales-decline_72564.html
July 30, 2015
Methanex posted net income attributed to shareholders of $104 million, down 17% year-on-year (YOY). Revenue of $638 million was down 19% YOY. Reported adjusted earnings of 56 cts/share...
http://www.chemweek.com/regions/north_america/us/Methanex-earnings-miss-estimates-on-production-shortfalls_72563.html
July 30, 2015
Evonik Industries is globalizing its R&D activities for the global cosmetics industry, and at the same time using local R&D to strengthen its position in important growth...
http://www.chemweek.com/regions/north_america/Evonik-expands-global-R-and-D-for-cosmetics-personal-care_72560.html
July 30, 2015
Quaker Chemical (Conshohocken, PA) says that it has acquired Verkol (Bera, Spain), a leading specialty grease and lubricants manufacturer and marketer based in Northern Spain, for...
http://www.chemweek.com/regions/north_america/us/Quaker-acquires-specialty-grease-and-lubricants-manufacturer-in-Spain_72557.html
July 30, 2015
Cambrex (East Rutherford, NJ) reports net profits of $19.66 million for the second quarter of 2015, which is unchanged compared with the second quarter of 2014. Second-quarter sales...
http://www.chemweek.com/regions/north_america/us/Cambrex-reports-flat-profits_72554.html
July 30, 2015
Reliance Industries (Mumbai) is contemplating the sale of its shale gas holdings in the United States, according to Indian press reports. Reliance, in response to a request...
http://www.chemweek.com/regions/north_america/Reliance-Industries-to-offload-US-shale-gas-business_72546.html
July 29, 2015
Ashland today reported fiscal third-quarter net income of $107 million, or $1.56/share, up 8.1% year-on-year (YOY), on sales down 14.9%, to $1.37 billion. Adjusted earnings from...
http://www.chemweek.com/regions/north_america/Ashland-earnings-rise-despite-lower-sales_72542.html
July 29, 2015
US propylene stocks were higher in the week that ended on 24 July, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene stocks were...
http://www.chemweek.com/regions/north_america/US-propylene-stocks-up-last-week_72525.html
July 29, 2015
During the week ended 25 July, chemical railcar traffic in North America increased 1.6% year-over-year (YOY) on strong gains in Canada. For all of North America, chemical railcar traffic during the week totaled 42,019 carloads, up 0.6% from the previous week, according to data released on 29 July by the Association of American Railroads (AAR) https://www.aar.org/. For the year to date, chemical railcar traffic in North America is up 0.4%, versus a 3.5% decrease in all railcar traffic, according to the AAR....
http://www.chemweek.com/regions/north_america/Canada-loadings-drive-gain-in-N-America-weekly-chemical-rail_72526.html
July 29, 2015
Chemtura posted second-quarter net income of $18 million, down 58% from the same year-ago quarter due mainly to the sale of its agrochemicals business. Net sales were $454 million, down 24%. The company says its core segments, which exclude agrochemical manufacturing, posted a strong quarter with adjusted Ebitda of $60 million, up 13% YOY....
http://www.chemweek.com/regions/north_america/us/Chemtura-earnings-fall-on-sale-of-agchems_72539.html
July 29, 2015
Ferro today reported second-quarter net income down 34.0% year-on-year (YOY), to $6.6 million, on sales down 8.8%, to $268.2 million. Net income was impacted by restructuring charges...
http://www.chemweek.com/regions/north_america/Ferro-falls-short-of-estimates-cuts-guidance_72541.html
July 29, 2015
Huntsman reports net income of $29 million for the second quarter, down 76% year-on-year (YOY). Sales totaled $2.74 billion, down 8.2% YOY from $2.99 billion on lower selling prices and sales volume as well as currency effects. Adjusted earnings of 63 cts/share increased 6.8% YOY and beat analysts’ consensus estimate of 55 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/Huntsman-earnings-beats-consensus-despite-lower-prices-volume_72517.html
July 29, 2015
Chevron confirmed Wednesday that it will cut its workforce by 1,500 positions across multiple operating units and its corporate center  to reduce costs amid current market...
http://www.chemweek.com/regions/north_america/Chevron-to-cut-1500-jobs-due-to-market-conditions_72523.html
July 29, 2015
Univar posted a second-quarter net loss of $12.4 million due mainly to expenses related to the company’s initial public offering and debt repayment. The negative impact on a...
http://www.chemweek.com/regions/north_america/us/Univar-posts-loss-on-IPO-expense-currency-impacts_72524.html
July 29, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has acquired Scandia Citrus (Lakeland, FL), which specializes in the R&D, manufacture, and...
http://www.chemweek.com/regions/north_america/us/Frutarom-acquires-Florida-based-Scandia-Citrus_72504.html
July 29, 2015
Praxair today reported second-quarter net income down 34% year-on-year (YOY), to $308 million, or $1.06/share, on sales down 12%, to $2.74 billion. Earnings were hit by negative...
http://www.chemweek.com/regions/north_america/Praxair-earnings-fall-short-of-estimates-on-weakness-in-energy_72521.html
July 29, 2015
W.R. Grace reports second-quarter net income declined 57.9% year-on-year (YOY), to $57.5 million. The prior-year quarter included a tax benefit of $53.2 million, while the 2015 quarter...
http://www.chemweek.com/regions/north_america/Grace-beats-estimates-narrows-guidance_72518.html
July 29, 2015
Dow Corning, a 50-50 joint venture between Dow Chemical and Corning, reports second-quarter net income increased 3.7% year-on-year (YOY), to $113 million, on sales down 5.3% YOY, to...
http://www.chemweek.com/regions/north_america/Silicones-lift-Dow-Corning-profits_72519.html
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