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March 20, 2012
Agrium has agreed to purchase 90% of Viterra’s agricultural retail business in Canada, and all of that business in Australia, the company says. The deal is a part of...
http://www.chemweek.com/services/financial/Agrium-to-Buy-Viterras-Retail-Business-in-Canada-and-Australia_42130.html
March 20, 2012
Omnova’s net income for the fiscal first-quarter totaled $12.7 million, or 28 cts/share, compared with $1 million, or 2 cts/share, in the year-ago period. Omnova’s fiscal...
http://www.chemweek.com/services/financial/Omnova-Net-Income-Soars_42147.html
March 20, 2012
Topping the headlines last week, Wacker Chemie reported higher volumes and sales for 2011, but lower Ebitda and net income. The company also expects a further Ebitda decline for this...
http://www.chemweek.com/services/financial/Chemical-Finance-Digest-Mar-12-16_42128.html
March 19, 2012
MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 16 out of 20 this week. Thus, we continue to post a green banner. Consumer Prices up 0.4%; up 2.9% Y/Y...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Mar-16-2012_42106.html
March 16, 2012
This Week on CW:   Shell Chemical says it is evaluating a site in Pennsylvania for a new, world-scale ethane cracker that will mostly serve the U.S. northeast. The company has...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-Mar-16_42093.html
March 15, 2012
Braskem swung to a fourth-quarter net loss of R$201 million ($112 million), compared with profit of R$356 million ($198 million) in the year-ago period. The loss was due to declining...
http://www.chemweek.com/services/financial/Braskem-Swings-to-Loss_42032.html
March 14, 2012
NewMarket Corporation has entered into a new, $650 million, five-year unsecured credit facility, replacing an older $300 million facility that would have matured in 2015. Part of the...
http://www.chemweek.com/services/financial/NewMarket-Refinances-Restructures-Debt_42020.html
March 2, 2012
This Week on CW:   Some late earnings trickled in this week, and the news was mixed, though leaning negative. DSM’s fourth-quarter profits fell 43% due to flagging economic...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-March-2_41783.html
March 2, 2012
Momentive Specialty Chemicals reported a fourth-quarter net loss of $47 million, compared with net income of $53 million in the year-ago period. The company’s revenues fell 2% to...
http://www.chemweek.com/services/financial/Momentive-Records-Losses-on-Destocking-Volume-Declines_41774.html
March 1, 2012
KMG Chemicals says it expects fiscal second-quarter net income to be flat with the year-ago period, at $2.4 million, or 21 cts/share. The company’s fiscal second-quarter ended on...
http://www.chemweek.com/services/financial/KMG-Chemicals-Expects-Flat-Earnings_41710.html
February 28, 2012
Topping the headlines last week, BASF reported a small increase in fourth-quarter net income, as the company was hit by economic weakness in Europe. Net income totaled €1.13...
http://www.chemweek.com/services/financial/Chemical-Finance-Digest-Feb-20-24_41659.html
February 28, 2012
OM Group reported fourth-quarter net income more than doubled, to $50.9 million, or $1.59/share, on sales up 50%, to $438.6 million. Sales and net income rose mostly due to the...
http://www.chemweek.com/services/financial/OM-Group-Earnings-Soar-on-Acquisition-Segment-Results-Weaken_41648.html
February 27, 2012
MACROECONOMIC STATUS Our running tab of positive indicators was stable at 18 out of 20 this week. Thus, we continue to post a green banner. Existing Home Sales up 4.3%; up 0.7% Y/Y New...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Feb-24-2012_41602.html
February 24, 2012
This Week on CW:   BASF’s fourth-quarter earnings were adversely impacted by economic weakness, but the company still showed profitability and forecasts growth for this...
http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-Feb-24_41588.html
February 21, 2012
FMC is planning to raise its quarterly dividend 20%, to 18 cts/share, the company says. The new dividend is payable on April 19 to shareholders as of March 30. FMC has also authorized...
http://www.chemweek.com/services/financial/FMC-to-Buy-Back-Shares-Raise-Dividend_41514.html
February 21, 2012
MACROECONOMIC STATUS Our running tab of positive indicators rose by 1 to 18 out of 20 this week. Thus, we continue to post a green banner. Consumer Prices up 0.2%; up 2.9% Y/Y Import...
http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Feb-17-2012_41510.html
February 17, 2012
PolyOne has reported fourth-quarter net income of $12.3 million, or 13 cts/share, down 86% from the-year ago period. However, the fourth-quarter of 2010 included a significant...
http://www.chemweek.com/services/financial/PolyOne-Adjusted-Earnings-Rise_41471.html
February 16, 2012
Huntsman’s fourth-quarter net income rose 350% year-on-year, to $105 million, or 44 cts/share, on revenues up 9%, to $2.6 billion. However, results in both quarters were...
http://www.chemweek.com/services/financial/Huntsman-Adjusted-Earnings-Rise-13-percent-on-Price-Increases_41401.html
February 15, 2012
CF Industries fourth-quarter 2011 earnings rose 219%, to $438.9 million, or $6.66/share, on sales up 39%, to $1.7 billion. Earnings fell short of analysts’ consensus of...
http://www.chemweek.com/services/financial/CF-Industries-Earnings-More-Than-Double-But-Fall-Short-of-Estimates_41390.html
February 15, 2012
Albemarle has raised its quarterly dividend 14%, to 20 cts/share, while PolyOne has raised its dividend by 25%, to 5 cts/share. Albemarle’s new dividend will be paid on April...
http://www.chemweek.com/services/financial/Albemarle-PolyOne-Raise-Dividends_41389.html
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