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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
September 16, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained stable at 15 of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 0.4%; up 5.8% Y/Y Import...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-13-September_55183.html
September 10, 2013
LyondellBasell is planning to pay a 50 cts/share interim dividend on 7 October to shareholders of record as of 23 September. The ex-dividend date, after which buyers of LyondellBasell...
http://www.chemweek.com/services/financial/LyondellBasell-to-pay-interim-dividend_55088.html
September 9, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Non-Farm Payrolls up 169,000 Unemployment Rate down to...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-6-September-2013_55046.html
August 29, 2013
Synalloy has acquired the production and business assets, including a plant in South Carolina, of Color Resources (CRI; Spartanburg, SC), for a total purchase price of $4.55 million...
http://www.chemweek.com/services/financial/Synalloy-acquires-manufacturing-facility_54819.html
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