IHS Chemical Week

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July 18, 2013
PPG today reported second-quarter net income up 14.8% year-on-year (YOY), to $341 million, on sales up 16%, to $4.1 billion. Adjusted earnings—which exclude acquisition...
July 18, 2013
Chemtura says it is expected second-quarter sales to decline 0.8% year-on-year (YOY), to $735 million, with second-quarter Ebitda falling 7.6%, to $109 million. The company released...
July 18, 2013
Sherwin-Williams (SW) says that Mexico’s competition commission has voted three to two against authorizing the company’s $2.34-billion acquisition of Comex, which was...
July 18, 2013
Sherwin-Williams (SW) today reported second-quarter net income of $257.3 million, up 12.9% year-on-year (YOY), on consolidated net sales of $2.71 billion, up 5.5%, as volumes rose...
July 16, 2013
Nova Chemicals is attempting to refinance up to $350 million in 8.375% senior debt with a new, $500-million private debt issue. The old debt is due in 2016, while the new debt is due...
July 16, 2013
Koppers says it is cutting its second-quarter 2013 earnings guidance by about 32%, to 66–70 cts/share, down from $1.00/share previously, on "volatility in demand and...
July 15, 2013
Cytec announced today that it has sold its industrial materials distribution product line to Cathay Investments (West Sussex, UK) for £5.5 million ($8.6 million). The business...
July 15, 2013
MACROECONOMIC STATUS Our running tab of positive indicators rose by 1, to 16 out of 20 this week. Thus, we continue to post a green banner. Nonfarm Payrolls up 195,000 (above...
June 27, 2013
H.B. Fuller’s fiscal second-quarter net income rose more than five-fold, to $25.9 million, or 51 cts/share, on revenue down 1.5% year-on-year (YOY), to $519 million. Adjusted...
June 27, 2013
Omnova’s fiscal second-quarter net income declined 58.6% year-on-year (YOY), to $2.9 million, on sales down 11.9%, to $270.8 million. Adjusted earnings from continuing...
June 26, 2013
Mosaic’s repurchasing of Class A shares, held by trusts associated with the Cargill family, cannot commence until 26 November at the earliest, the company says. Mosaic’s...
June 24, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 4.7% rate Consumer Prices up 0.1%; up...
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