IHS Chemical Week

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July 18, 2013
Cytec today reported second-quarter net earnings down 14.8% year-on-year (YOY), to $34.6 million, or 83 cts/share, on sales up 27.2%, to $514 million. Solid aerospace results drove the...
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...
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