IHS Chemical Week
SPECIALTY CHEMICALS

Sherwin-Williams beats estimates on sales increase

11:02 AM MDT | April 17, 2014 | Vincent Valk

Sherwin-Williams (SW) has reported first-quarter net income down 0.6% year-on-year (YOY), to $115.5 million, on sales up 9.2%, to $2.37 billion. Earnings totaled $1.14/share, including a 12 cts/share loss related to the Comex acquisition. SW terminated its...


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

PPG earnings beat estimates on higher volumes

PPG today reported net income from continuing operations up 45% year-on-year (YOY), to $277 million, on sales from continuing operations up 17%, to $3.6 billion. Adjusted earnings, excluding a small restructuring charge, totaled $1.98/share, beating...

Asian Paints to acquire majority stake in Ethiopia’s Kadisco Chemical

India’s largest paints company Asian Paints (Mumbai) informed the Bombay Stock Exchange (Mumbai) that it has signed an agreement with the shareholders of Kadisco Chemical Industry (Addis Ababa), to acquire a 51% stake in Kadisco. Kadisco manufactures...

SI Group to acquire Albemarle's antioxidants and ibuprofen business

SI Group (Schenectady, NY) has agreed to acquire the antioxidant, ibuprofen and propofol businesses of Albemarle for an undisclosed amount of cash. The deal includes manufacturing sites in Organgeburg, SC  and Shanghai, as well as technical support...

Albemarle earnings fall but beat estimates

Albemarle today reported net income down 32.6% year-on-year (YOY), to $56.6 million, or 71 cts/share, on net sales up 2.3%, to $656.7 million. Net income fell primarily due to charges related to pension and retiree benefits, while sales rose mostly on higher...

Lubrizol forms energy and water unit

Lubrizol says it has formed an energy and water business unit to focus on its offerings oilfield, refinery process and industrial water treatment chemicals. The unit is a part of the company’s industrial specialties segment. As a part of the expansion...

Schulman sets double-digit sales and earnings growth targets

A. Schulman has announced that it is aiming to grow sales by 10-11%/year through 2018, to $3.6-$3.7 billion. The company is also aiming to grow adjusted earnings by an average of 19-20%/year through 2018, to $4.50-$4.75/share, and adjusted Ebitda by...

Sensient, FrontFour trade volleys in advance of shareholder meeting

Dissident hedge fund FrontFour Capital (Greenwich, CT) today released a new letter to Sensient shareholders accusing the company of governance shortfalls and of a failure to disclose aspects of the proxy fight to shareholders. The letter notes that Sensient...

Sri Lankan company to establish textile chemical plant

Sri Lanka's Board of Investment (BOI; Colombo) has signed an agreement with S&D Associates (Colombo), to establish a textile chemical plant under the name S&D Chemicals, the Sri Lankan government's official news site says. The plant is to be located...

Sensient swings to loss on restructuring charges, raises guidance

Sensient Technologies has reported a first-quarter net loss of $2.08 million, or 4 cts/share, compared with a profit of $21.4 million, or 43 cts/share, in the year-ago quarter, due mostly to restructuring charges. Excluding restructuring costs, which totaled...

Specialty Chemicals Archives »











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

ihsCopyright © 2012 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