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November 13, 2013
Momentive Specialty Chemicals (MSC) today reported a third-quarter net loss of $76 million, compared with a profit of $342 million in the year-ago quarter, on revenues up 6%...
http://www.chemweek.com/services/financial/Momentive-Specialty-Chemicals-swings-to-loss-performance-materials-loss-narrows_56676.html
November 12, 2013
Rockwood’s board today authorized a new share buyback of up to $500 million, the company says. The new buyback comes after a $400 million repurchase program was completed during...
http://www.chemweek.com/services/financial/Rockwood-authorizes-new-share-buyback_56658.html
November 12, 2013
Rockwood has reported third-quarter adjusted net income of $48.2 million, or 63 cts/share, down 31.5% year-on-year (YOY), on sales up 3.2%, to $890.1 million. Actual net income totaled...
http://www.chemweek.com/services/financial/Rockwood-nets-big-one-time-gain-on-ceramics-sale-adjusted-earnings-fall_56644.html
November 11, 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 204,000 Unemployment Rate up to...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-8-Nov-2013_56628.html
November 7, 2013
Braskem today reported a net profit of 394 million Brazilian reais ($172.2 million), compared with a loss of 124 million real in the year-ago quarter. Net revenue totaled 10.7 billion...
http://www.chemweek.com/services/financial/Braskem-Ebitda-rises-as-domestic-market-share-expands_56524.html
November 7, 2013
Taminco today reported net income down 14% year-on-year (YOY), to $6 million, or 9 cts/share, on net sales up 6%, to $302 million. Earnings fell short of analysts’ consensus...
http://www.chemweek.com/services/financial/Taminco-net-income-falls-despite-higher-sales_56522.html
November 6, 2013
PolyOne says it has named Bradley Richardson executive v.p. and CFO, replacing Richard Diemer, who has left to pursue other opportunities. Richardson was most recently executive v.p...
http://www.chemweek.com/services/financial/PolyOne-names-new-CFO_56510.html
November 6, 2013
Tronox today reported a third-quarter net loss of $49 million, or 43 cts/share, compared with a loss of $3 million in the year-ago quarter. The company’s adjusted net loss...
http://www.chemweek.com/services/financial/Tronox-loss-widens-as-selling-prices-fall_56509.html
November 6, 2013
Innospec today reported third-quarter net income down 9.7% year-on-year (YOY), to $14 million, or 58 cts/share, on sales up 5%, to $192.8 million. Adjusted earnings totaled 65...
http://www.chemweek.com/services/financial/Innospec-net-income-declines-despite-sales-increase_56489.html
November 6, 2013
Calumet Specialty Products today reported a net loss of $34.8 million, or 54 cts/share, compared with a profit of $42.4 million in the year-ago quarter, on sales up 28% year-on-year...
http://www.chemweek.com/services/financial/Calumet-Specialty-Products-swings-to-loss_56486.html
November 5, 2013
Ashland today reported fiscal fourth-quarter net income from continuing operations of $404 million, or $5.13/share, compared with a $272-million net loss in the year-ago quarter...
http://www.chemweek.com/services/financial/Ashland-beats-estimates-despite-lower-sales-confirms-water-treatment-sale_56453.html
November 5, 2013
Calgon Carbon today reported third-quarter net income of $11.9 million, or 22 cts/share, compared with a net loss of $4.5 million during the year-ago quarter. Earnings met...
http://www.chemweek.com/services/financial/Calgon-Carbon-swings-to-profit-on-higher-sales_56454.html
November 4, 2013
Activist hedge fund Starboard Value (New York), which effected a change in Calgon Carbon’s board earlier this year, has released a letter to management calling for the conversion...
http://www.chemweek.com/services/financial/Hedge-fund-advocates-MLP-for-Calgon-Carbon_56437.html
November 4, 2013
Chemtura today reported a third-quarter net loss from continuing operations of $44 million, or 45 cts/share, compared with earnings of $22 million in the year-ago quarter. Sales...
http://www.chemweek.com/services/financial/Chemtura-earnings-meet-estimates-flame-retardants-difficulties-continue_56436.html
November 4, 2013
Innospec announced today it has acquired oilfield chemicals firm Bachman Services (Oklahoma City, OK) for an undisclosed sum. Bachman has annual revenues of about $80 million, Innospec...
http://www.chemweek.com/services/financial/Innospec-acquires-oilfield-chemicals-firm_56435.html
November 4, 2013
MACROECONOMIC STATUS Our running tab of positive indicators rose to 17 out of 20 this week. Thus, we continue to post a green banner. Consumer Confidence down 9.0 points to 71.2...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-1-November-2013_56418.html
October 31, 2013
Ferro says it is selling its precious metals powders and flakes product lines in North America and Asia to Ames Goldsmith (South Glens Falls, NY), a precious metals products maker, for...
http://www.chemweek.com/services/financial/Ferro-sells-precious-metals-product-line_56370.html
October 31, 2013
Solvay says it has closed the $1.35-billion acquisition,  first announced earlier this month, of oilfield chemicals and services firm ChemLogics (Paso Robles, CA). Chemlogics...
http://www.chemweek.com/services/financial/Solvay-closes-ChemLogics-acquisition_56361.html
October 30, 2013
Lubricants maker Quaker Chemical has reported a net income of $12.6 million, up 15.6% year-on-year (YOY), on sales up 1.8%, to $184.1 million. Earnings totaled 95 cts/share, beating...
http://www.chemweek.com/services/financial/Quaker-Chemical-earnings-rise-on-higher-sales_56319.html
October 29, 2013
Ecolab today reported net income of $308 million, up 29% year-on-year (YOY), on sales up 15%, to $3.49 billion. Adjusted earnings totaled $1.04/share, up 20% and slightly ahead of...
http://www.chemweek.com/services/financial/Ecolab-earnings-rise-on-strong-sales_56285.html
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