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August 28, 2013
RPM announced today that it has reached an agreement with the US General Services Administration (GSA; Washington) resolving a dispute over improper pricing and discounting practices...
http://www.chemweek.com/services/financial/RPM-reaches-agreement-with-US-government-on-roofing-contract-issues_54798.html
August 22, 2013
Privately held Warwick Chemicals (Mostyn, UK) says it has secured a £38.5-million ($60.3 million) debt refinancing package from the Royal Bank of Scotland Corporate &...
http://www.chemweek.com/services/financial/Warwick-Chemicals-secures-£38-5-million-debt-refinancing_54641.html
August 19, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 14 out of 20 this week. However, we continue to post a green banner. Consumer Prices up 0.2%; up 2.0% Y/Y...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-16-August-2013_54562.html
August 14, 2013
M&G Chemicals (Tortona, Italy) is preparing to list its shares on the Hong Kong Stock Exchange, according to various financial newspapers. The company is seeking to raise about...
http://www.chemweek.com/services/financial/Reports-M-and-G-Chemicals-seeks-$500-million-listing-in-Hong-Kong_54474.html
August 13, 2013
Clariant and Ashland are planning to sell their 50-50 foundry chemicals joint venture, ASK Chemicals, according to a Reuters report. The business, which is operated by Clariant and...
http://www.chemweek.com/services/financial/Report-Clariant-Ashland-to-sell-foundry-chemicals-JV_54457.html
August 9, 2013
Low interest rates and easy access to credit markets have driven chemical-company debt up to record levels, according to a new report by rating service Standard & Poor’s...
http://www.chemweek.com/services/financial/S-and-P-Chemicals-debt-at-record-levels-but-maturities-manageable_54414.html
August 8, 2013
Innospec’s second-quarter net income was up 10% year-on-year (YOY), to $17.1 million, on net sales up 4%, to $185 million. Excluding special items, such as foreign exchange...
http://www.chemweek.com/services/financial/Innospec-beats-estimates-on-strong-fuel-specialties-results_54315.html
August 8, 2013
Koppers has reported second-quarter net income down 29% year-on-year (YOY), to $14.4 million, or 69 cts/share, on sales down 10%, to $370.9 million. Adjusted earnings totaled 70...
http://www.chemweek.com/services/financial/Koppers-earnings-fall-but-beat-estimates_54333.html
August 5, 2013
Rockwood today reported second-quarter net income down 85.6% year-on-year (YOY), to $32.3 million, or 41 cts/share, on net sales up 7.8%, to $822.3 million. Results include $25.5...
http://www.chemweek.com/services/financial/Rockwood-falls-short-of-estimates-on-weak-TiO2-results_54230.html
August 5, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped by two to 15 out of 20 this week. Thus, we continue to post a green banner. Consumer Confidence down 1.8 points to...
http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-2-August-2013_54232.html
August 1, 2013
OM Group recorded a second-quarter net loss of $3.3 million, mostly due to the impact of its divested ultra-pure chemicals (UPC) and cobalt businesses and restructuring charges...
http://www.chemweek.com/services/financial/OM-Group-earnings-beat-estimates_54164.html
August 1, 2013
Ferro says it has swung to a second-quarter net loss of $2.1 million, or 2 cts/share, compared to a profit of $1.9 million in the year-ago period, on sales down 8.4% year-on-year...
http://www.chemweek.com/services/financial/Ferro-swings-to-loss-adjusted-earnings-beat-estimates_54163.html
August 1, 2013
Private equity firm Apollo Management, LyondellBasell’s largest shareholder, is selling 25 million shares, 16.5 million of them in a public offering, the company says. Apollo has...
http://www.chemweek.com/services/financial/Apollo-to-sell-more-LyondellBasell-shares_54119.html
July 31, 2013
Huntsman’s second-quarter net income fell 62% year-on-year (YOY), to $47 million, or 19 cts/share, on revenues down 3%, to $2.83 billion. Adjusted earnings totaled 39 cts/share...
http://www.chemweek.com/services/financial/Huntsman-earnings-fall-but-match-estimates_54104.html
July 31, 2013
PolyOne’s second-quarter net income from continuing operations slightly more than doubled year-on-year (YOY) to $38.3 million, on sales up 37%, to $1.04 billion. Adjusted...
http://www.chemweek.com/services/financial/PolyOne-earnings-rise_54086.html
July 30, 2013
Chemtura’s second-quarter net income from continuing declined 11% year-on-year (YOY), to $47 million, or 47 cts/share, on sales down 1%, to $735 million, the company says...
http://www.chemweek.com/services/financial/Chemtura-beats-estimates-but-bromine-weakness-persists_54085.html
July 30, 2013
MeadWestvaco (MWV) today reported earnings from second-quarter continuing operations of $67 million, down 14.1% YOY, on sales of $1.43 billion, up 0.7%. Adjusted earnings from...
http://www.chemweek.com/services/financial/MeadWestvaco-earnings-fall-but-specialty-chemicals-sales-rise_54070.html
July 30, 2013
Ecolab has reported second-quarter net income up 16% year-on-year (YOY), to$213.1 million, or 69 cts/share, on sales up 13%, to $3.38 billion. Adjusted net income, which excludes some...
http://www.chemweek.com/services/financial/Ecolab-earnings-beat-estimates-on-strong-energy-results_54067.html
July 29, 2013
FMC’s second-quarter earnings rose 12.5% year-on-year (YOY), to $118 million, or 86 cts/share, on revenues up 6%, to $959.4 million. Adjusted earnings from continuing operations...
http://www.chemweek.com/services/financial/FMC-earnings-rise-match-estimates-on-strong-ag-results_54042.html
July 29, 2013
Quaker Chemical’s second-quarter net income rose 42.7% year-on-year (YOY), to $16.7 million, or $1.22/share, on net sales up 5%, to $184.8 million. Adjusted earnings totaled...
http://www.chemweek.com/services/financial/Quaker-Chemical-earnings-rise-on-higher-volumes_54039.html
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