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Archives :: Chemical Week Magazine :: Business & Finance
Displaying 301 - 320 of 3993 stories.
November 9, 2012
ExxonMobil Chemical reported chemical earnings of $790 million, down 21% from the year-ago quarter, because of lower product margins. Lower margins decreased earnings by $150 million...http://www.chemweek.com/sections/business_finance/usa_americas/Integrated-oil-firms-post-mixed-chemical-earnings-US-results-strong_47572.html November 9, 2012
Apollo Management plans to sell 20 million shares of LyondellBasell in a public offering. The sale was expected to close on 7 November. Apollo currently owns 153.7 million shares in...http://www.chemweek.com/sections/business_finance/usa_americas/Apollo-to-sell-LyondellBasell-shares-cutting-stake-to-23-percent_47571.html November 9, 2012
DSM has reached agreement to acquire Cargill’s cultures and enzymes business for €85 million ($110 million) in cash. DSM announced last September that it was in exclusive...http://www.chemweek.com/sections/business_finance/usa_americas/DSM-to-acquire-Cargills-cultures-and-enzymes_47603.html November 9, 2012
The first half of this year saw a large increase in debt financing by chemical companies, doubling to $11.6 billion from the first half of 2011, according to data compiled by Young...http://www.chemweek.com/sections/business_finance/usa_americas/Banker-Big-uptick-in-chemical-industry-debt-financing_47604.html November 9, 2012
Recent commodity and diversified results were characterized by declining earnings and apprehension about the fourth-quarter operating environment. Sales figures showed either declines...http://www.chemweek.com/sections/business_finance/usa_americas/Commodity-producers-post-earnings-sales-declines_47605.html November 9, 2012
Fertilizer companies—including Agrium, CF Industries, Yara International, Intrepid Potash, and Rentech Nitrogen—reported mixed results for the third quarter, with some seeing...http://www.chemweek.com/sections/business_finance/usa_americas/North-American-drought-dampens-fertilizer-companies-earnings-sales_47606.html November 9, 2012
Most of the leading Europe-based chemical companies reported lower earnings in the third quarter of 2012 compared with the same period of last year, although sales generally held up...http://www.chemweek.com/sections/business_finance/europe_mideast/Third-quarter-earnings-decline-in-Europe-on-weak-demand_47577.html October 26, 2012
BASF reported a 21% drop in third-quarter net income, to €946 million ($1.23 billion), on sales 8% higher, at €19 billion. Earnings per share were €1.19, compared with...http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-net-income-slides-no-chemicals-upturn-this-year_47236.html October 26, 2012
Yosu site: LG Chem's petrochemical complex. Leading Korean chemical companies reported falling profits for the third quarter of 2012. LG Chem posted a 10% decline in net profits for...http://www.chemweek.com/sections/business_finance/asia_pacific/Korean-companies-report-falling-third-quarter-profits_47207.html October 26, 2012
Reliance Industries says net profits for its fiscal second quarter, ended 30 September 2012, decreased 5.7% compared with the same period of the previous year, to about 53.7 billion...http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-decline-in-quarterly-profits_47208.html October 26, 2012
Brazil’s largest soybean-growing state has ruled that Monsanto must suspend royalty collections on its first-generation Roundup Ready (RR1) soybean technology until the question...http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-suspends-soybean-royalty-collections-in-Brazil_47246.html October 26, 2012
Shares of US ethylene producers rallied earlier this month after the release of an IRS ruling that permits olefins production to operate within tax-advantaged, publicly traded...http://www.chemweek.com/sections/business_finance/usa_americas/IRS-ruling-outlines-path-to-tax-advantaged-structure-for-US-olefins_47247.html October 26, 2012
ACC has launched the Rare Earths Technology Alliance (RETA), a group to advocate for “the development of a healthy and competitive global market for rare earth elements,”...http://www.chemweek.com/sections/business_finance/usa_americas/ACC-launches-rare-earths-group_47269.html October 26, 2012
Wacker-Chemie reported a major drop in its third-quarter net income due to “significant declines in sales and earnings” in its polysilicon division. The company, as a...http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-posts-drop-in-net-income-delays-US-polysilicon-project_47237.html October 26, 2012
Third-quarter earnings at diversified chemicals firms were sharply lower as macroeconomic conditions continued to deteroriate. Solar markets and titanium dioxide (TiO₂) were notably...http://www.chemweek.com/sections/business_finance/usa_americas/Diversified-results-slump-weak-conditions-expected-to-linger_47263.html October 26, 2012
Dow Chemical and DuPont announced separate plans to deepen restructuring efforts. Dow says it will eliminate approximately 2,400 positions, or 5% of its global workforce, citing...http://www.chemweek.com/sections/business_finance/usa_americas/Dow-Chemical-DuPont-announce-job-cuts-as-weakness-persists_47264.html October 26, 2012
P otashCorp reported a drop in third quarter earnings—down 22% to $645 million, or 75 cts/share. Reported adjusted earnings per share of 74 cts/share were lower than analyst...http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-reports-drop-in-earnings-potash-sales-volumes-up_47265.html October 26, 2012
The US Department of Justice says a grand jury has indicted South Korea’s Kolon Industries and five of its executives for criminal trade secrets theft. At issue is the alleged theft...http://www.chemweek.com/sections/business_finance/usa_americas/US-indicts-Kolon-Industries-for-theft-of-trade-secrets_47266.html October 26, 2012
Specialty chemical companies beat lowered analysts’ expectations for the most part despite what most producers characterized as a difficult and uncertain economy. Volumes were...http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-beat-lowered-estimates-amid-hazy-outlook_47270.html October 26, 2012
Panetta: Awareness is growing, but is still low. US Secretary of Defense Leon Panetta says that the United States is increasingly vulnerable to coordinated cyber attacks that could...http://www.chemweek.com/sections/business_finance/usa_americas/US-defense-secretary-warns-of-cyber-attacks-targeting-infrastructure_47271.html |
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