IHS Chemical Week
SPECIALTY CHEMICALS

PolyOne earnings rise, beat estimates, on improving margins

3:31 PM MDT | July 21, 2014 | Vincent Valk

PolyOne today reported net income from continuing operations of $30.9 million, or 33 cts/share, down 24.9% year-on-year (YOY), on net sales down 2.9%, to $1.01 billion. Adjusted earnings, however, rose 37.8% YOY, to 51 cts/share, slightly ahead of...


Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com
MORE SPECIALTY CHEMICALS

BASF inaugurates mobile emissions catalysts plant in Poland

BASF has inaugurated its largest European production plant for mobile emission catalysts at Środa Śląska, a special economic zone near Wrocław, Poland, the company announced today. Construction at the 40,000–sq meter manufacturing facility started...

Sherwin-Williams raises guidance, earnings rise

Sherwin-Williams (SW) today announced second quarter net income up 13.3% year-on-year (YOY), to $291.4 million, on sales up 12.2%, to $3.04 billion. Earnings totaled $2.94/share, slightly ahead of analysts’ consensus estimate of $2.93/share, as reported...

PPG earnings beat estimates on strong sales

PPG Industries today reported second quarter net income from continuing operations up 24% year-on-year (YOY), to $393 million, or $2.80/share, on sales up 5%, to $4.1 billion. Adjusted earnings rose 24% YOY, to $2.83/share, ahead of analysts’ consensus...

Chinese specialty chemicals firm plans to list in London

GTS Chemical Holding, a specialty chemicals producer and the largest manufacturer of ammonium sulfite in China, today announced its intention to proceed with a fundraising and application for the admission of its ordinary shares to trading on AIM, a market of...

Givaudan reports higher earnings, confirms guidance

Givaudan Group (Geneva), flavors and fragrances major, today announced its results for the first six months of 2014. Ebitda rose 10.5% to 562 million Swiss francs ($626.1 million) on 4.5% higher sales at SF2.2 billion. Ebitda margin advanced to 25.6% from...

EFSA establishes daily intake limits for sunset yellow food additive

The European Food Safety Authority (EFSA; Parma, Italy) says that is has established an acceptable daily intake (ADI) of four milligrams per kilogram body weight per day for the food color sunset yellow FCF (E 110). Sunset yellow is an azo dye authorized as a...

3M to acquire Sumitomo Electronic's 25% stake in Japanese subsidiary

3M announced today that it will acquire Sumitomo Electronic’s 25% stake in its Japanese subsidiary Sumitomo 3M for ¥90 billion ($885 million). Upon completing the transaction, 3M will own 100% of Sumitomo 3M and rename the subsidiary 3M Japan. The...

Stepan acquires Brazil sulfonation plant from P&G

Stepan says it has acquired a sulfonation production plant in Bahia, Brazil from Procter & Gamble (P&G), for an undisclosed sum. The plant, in the country’s northeast, has a capacity of 30,000 m.t./year and the deal is expected to close in the...

PolyOne to close two plants in Brazil

PolyOne announced today that it is closing two production facilities in Brazil – one at Diadema in Sao Paulo state, and one at Joinville in Santa Catarina state. The two plants were part of the company’s specialty engineered materials business...

Specialty Chemicals Archives »











 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa