IHS Chemical Week
EARNINGS/FINANCE

Tronox reports first-quarter loss but growing TiO2 volumes

8:29 AM MDT | May 16, 2013 | Clay Boswell

The adjusted earnings per share loss of 45 cts fell short of the analyst consensus estimated loss of 21 cts/share....


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Oxiteno's Ebitda increases 21%, supported by weaker currency and higher volumes

Oxiteno, the specialty chemicals arm of Ultrapar (São Paulo), achieved an Ebitda of 81 million Reais ($40 million) during the first quarter of 2013 compared with the same quarter of 2012. The Ebitda figure represents a 21% increase over the same...

Borealis's first-quarter profit down, Borouge's contribution shrinks due to turnaround

Garrett:North American expansion will help push restructuring in Europe.  Borealis today reported a major drop in first-quarter net profit to €61 million ($78.5 million) from €140 million in the year-earlier quarter citing lower sales and...

Isagro reports €3.3-million net loss during first quarter owing to poor weather conditions

Isagro (Milan) reports a €3.3-million ($4.3 million) net loss during the first quarter of 2013 compared with a €668,000 profit in the same period last year. Ebitda also contracted to €1.01 million during the reporting period compared with...

Sumitomo Chemical reports huge net loss

Sumitomo Chemical reports a net loss of ¥51 billion ($498 million) in the fiscal year ended 31 March compared with a net profit ¥5.58 billion in the previous fiscal year due to large extraordinary losses and an additional corporate tax adjustment with...

Arkema's first-quarter net income shrinks by 21.1% on mixed economic environment

Arkema's first-quarter adjusted net income contracted by 21.1% from €123 million ($159.7 million) in the first quarter of 2012, to €97 million, the company announced today. Ebitda fell 7.5% to €234 million in the first quarter, from €253...

Canexus announces $100-million offering

Canexus says it has entered into a "bought deal" financing agreement with a syndicate of underwriters, led by CIBC, Scotiabank, and National Bank Financial Inc., under which the underwriters have agreed to purchase from Canexus and sell to the...

Linde reports higher profits and revenues, confirms short- and mid-term outlooks

Linde’s profit in the first quarter of 2013 rose 10%, to €340 million ($446 million), with earnings per share of €1.72 compared with €1.65 in the year-earlier quarter, the company announced today. Revenues rose 10.3%, to €3.99...

Momentive reports net losses, mixed sales

Momentive Performance Materials (MPM; Waterford, NY) and Momentive Specialty Chemicals (MSC; Columbus, OH) both reported first-quarter results today, showing slight growth, though both still reported a net loss. Both companies are owned by private equity firm...

Taminco swings to profit on higher sales

Taminco on Tuesday reported net income of $8 million for the first quarter, up 160% year-on-year (YOY) from a pro forma loss of $13 million. Net sales of $310 million were up 9.5% YOY from pro forma net sales of $283 million....

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