IHS Chemical Week
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DAILY ANALYSIS

Syngenta earnings and sales fall on tough markets

July 22, 2016

Syngenta (Basel, Switzerland) today reported a 13% drop in net income for the first six months of 2016, to $1.06 billion with Ebitda down 12%, to $1.77 billion. Ebitda was 4% below consensus estimates. Sales...

PPG sells flat glass assets

July 22, 2016

PPG Industries Inc. has reached an agreement to sell its flat glass manufacturing and glass coatings business to Vitro S.A.B. de C.V. for approximately $750 million. The deal is expected to close by the end of...

Ineos reports lower earnings on weak Asian markets, turnarounds

July 22, 2016

Ineos Group Ltd. reports a 7% drop in second-quarter Ebitda, to €570 million ($628.3 million), based on unaudited management information. This compares with a €554-million Ebitda achieved in the first...

Olin lowers guidance on weak US caustic, high costs

July 22, 2016

Olin Corporation (Clayton, Missouri) has updated its financial guidance, citing weak demand for caustic soda and high raw material costs. The company now expects net income in the second quarter to be...

Honeywell chemical results falter as prices decline

July 22, 2016

Honeywell reports second-quarter net income up 8% year-on-year (YOY), to $1.28 billion, on net sales up 2% year-on-year (YOY), to $9.9 billion. Earnings totaled $1.66/share, slightly ahead of analysts’...

VCI expects German chemicals production to rise by only 0.5%

July 22, 2016

Germany’s chemical industry organization VCI (Frankfurt) has painted a gloomy picture of the industry, saying that “business is not going smoothly in the country’s third largest industry.” The trade...

Chemical stock update

July 22, 2016

Chemical stock update Company Today Yesterday Air Products (APD) 148.71 147.92 Albemarle (ALB) 85.15 84.34 Ashland (ASH) 122.31 121.34 Axalta (AXTA) 28.44 28.14 Axiall Corp. (AXLL) 32.49 32.49 Cabot (CBT)...

Data

Price trends

MONDAY

Price trends

July 18, 2016

m&a

TUESDAY

M&A activity

July 19, 2016

m&a

WEDNESDAY

CW75 Stock Performance

July 20, 2016

Projects

THURSDAY

Projects

July 21, 2016

Vital Stats

FRIDAY

Vital Stats

July 22, 2016
 
 




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