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October 21, 2013
Sensient Technologies says it is enacting changes to pay practices for named elected executive officers, including the CEO, CFO and COO. The company will, this year, begin issuing half...
http://www.chemweek.com/services/financial/Sensient-changes-executive-pay-incentives_56082.html
October 21, 2013
Stepan has reported third-quarter net income of $20.4 million, up 1% year-on-year (YOY), on sales up 8%, to $475.5 million. Adjusted earnings totaled 92 cts/share, up 1% and slightly...
http://www.chemweek.com/services/financial/Stepan-earnings-rise-2-percent-on-higher-sales-polymers-acquisition_56068.html
October 21, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was unchanged at a “likely” 14 out of 20 this week. Thus, we continue to post a green banner. Empire State...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-18-October-2013_56066.html
October 18, 2013
KMG Chemicals says it will close a former OM Group (OMG) site, which was acquired along with OMG's ultra-pure chemicals (UPC) business earlier this year, site in Fremont, CA by 31...
http://www.chemweek.com/services/financial/KMG-to-close-former-OM-Group-site-in-California_56038.html
October 17, 2013
Sensient Technologies has reported third-quarter earnings down 4.1% year-on-year (YOY) $31.5 million, or 63 cts/share, on sales up 0.7%, to $372 million. Adjusted earnings, which...
http://www.chemweek.com/services/financial/Sensient-earnings-fall-but-beat-estimates_56019.html
October 17, 2013
Cytec has reported third-quarter net earnings of $43.8 million, or $1.19/share, down 25% year-on-year (YOY), with sales from continuing operations totaling $464 million, up 2%...
http://www.chemweek.com/services/financial/Cytec-beats-estimates-as-sales-rise-slightly_56017.html
October 17, 2013
PPG Industries has reported third-quarter net income of $220 million, or $1.52/share, down 24% year-on-year (YOY), on sales up 17%, to $4 billion. Excluding charges, which were...
http://www.chemweek.com/services/financial/PPG-earnings-rise-on-improving-coatings-demand_55998.html
October 16, 2013
Albemarle has reported third-quarter net income of $90.5 million, down 1.7% year-on-year (YOY), on net sales down 1.9%, to $648.6 million. Sales fell due to the exit of...
http://www.chemweek.com/services/financial/Albemarle-beats-estimates-but-earnings-fall-on-lower-sales_55986.html
October 16, 2013
International Fiber Corporation (IFC; North Tonawanda, NY) says it has acquired Fibred (Cumberland, MD), a maker of dietary soy fiber for foodstuffs. Fibred’s products go into...
http://www.chemweek.com/services/financial/Arsenal-Capitals-IFC-buys-soy-fibers-firm_55983.html
October 14, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was “likely” 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Credit up 0.4%; up 5.8%...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-11-October-2013_55924.html
October 14, 2013
KMG Chemicals today announced preliminary fiscal fourth-quarter operating income of $2.5 million, down 62.7% year-on-year (YOY), on net sales of $81.1 million, up 19.9%. Operating...
http://www.chemweek.com/services/financial/KMG-preliminary-results-beat-estimates_55923.html
October 10, 2013
Chemtura has reached agreement to sell its pool and spa chemicals business to KIK Custom Products (Toronto) for $315 million. The company also announced that is exploring the sale of...
http://www.chemweek.com/services/financial/Chemtura-sells-pool-chemicals-for-$315-million-exploring-sale-for-agchems_55878.html
October 9, 2013
RPM today reported first-quarter net income more than double that of the year-ago quarter, at $103.1 million, on sales up 11.3% year-on-year (YOY), to $1.17 billion. Earnings totaled...
http://www.chemweek.com/services/financial/RPMs-earnings-rise-on-higher-sales-fewer-charges_55781.html
October 2, 2013
H.B. Fuller today reported fiscal third-quarter net income from continuing operations of $27.2 million, or 53 cts/share, up 1.1% year-on-year (YOY), on net revenue up 2.8%, to $514.6...
http://www.chemweek.com/services/financial/H-B-Fuller-earnings-rise-on-higher-sales_55447.html
September 30, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained stable at 17 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.4%; up 3.3% Y/Y Consumer...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-27-Sept-2013_55509.html
September 30, 2013
Omnova Solutions today reported fiscal third-quarter earnings of $9 million, or 19 cts/share, up 30.4% year-on-year (YOY), on sales down 9.4%, to $261.2 million. Earnings fell short of...
http://www.chemweek.com/services/financial/Omnova-earnings-rise-but-fall-short-of-estimates_55504.html
September 25, 2013
A. Schulman has entered into a new credit agreement composed of a $300-million credit facility and a $200-million term loan, refinancing an old $300-million facility that was slated to...
http://www.chemweek.com/services/financial/A-Schulman-refinances-expands-credit-facility_55428.html
September 23, 2013
Agrium announced today that it is raising its annual dividend by 50%, to $3/share. The dividend will be paid in quarterly installments of 75 cts/share, the company says. The next...
http://www.chemweek.com/services/financial/Agrium-increases-annual-dividend-by-50-percent-expects-volume-declines_55366.html
September 17, 2013
Huntsman and Rockwood today announced that Huntsman will buy Rockwood’s titanium dioxide (TiO2) pigments business, as well as other businesses, for $1.33 billion...
http://www.chemweek.com/services/financial/Huntsman-to-buy-Rockwoods-pigments-additives-businesses-for-$1-33-billion-update_55211.html
September 16, 2013
Rockwood is in negotiations to sell its Sachtleben titanium dioxide (TiO2) pigments business to Huntsman for $1 billion to $1.2 billion, according to a Reuters report. A deal could be...
http://www.chemweek.com/services/financial/Report-Huntsman-close-to-buying-Rockwood-TiO2-business_55194.html
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