IHS Chemical Week

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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...
June 21, 2013
Arsenal Capital (New York) has acquired adhesives and sealants maker Adco Global (Lincolnshire, IL) from Aurora Capital (Los Angeles), another private equity firm. Financial details of...
June 21, 2013
Rockwood is canceling the auction of its Sachtleben titanium dioxide (TiO2) and performance additives businesses after negotiations with private equity firms failed produce an...
June 13, 2013
Stepan says that on 9 August it will redeem all remaining shares of 5.5% convertible preferred stock at $25/share. Most holders of the stock, which was issued in 1992, have exercised...
June 10, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 13 out of 20 this week. Thus, we continue to post a green banner. Payroll employment up 175,000...
June 10, 2013
KMG Chemicals today reported fiscal third-quarter net income down 27.5% year-on-year (YOY), to $2.9 million, on sales down 10%, to $59.9 million. Earnings totaled 25 cts/share, beating...
June 7, 2013
Driven by continued difficulties in the company’s industrial engineered products segment, Chemtura says it expects second-quarter 2013 earnings to decline on a year-on-year (YOY)...
June 6, 2013
Private equity firm Golden Gate Capital (GGC; San Francisco), the largest shareholder in US Silica, is selling 10 million shares in the commercial silica maker at $19.60/share in a...
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