Mitsubishi Rayon recorded a net loss of ¥12 billion ($133 million) for the nine months ended December 31, 2009, compared with a net loss of ¥22 billion in the year-ago period. Sales decreased by nearly...
DIC Corp. reported a net profit of ¥2.3 billion ($25.5 million) for the third quarter ended December 31, 2009, compared with a net loss of ¥900 million in the year-ago period. Sales decreased by...
The chemical M&A market is set to "improve substantially" this year, according to Peter Young, president of Young & Partners (Y&P; New York), a boutique investment bank. "We hit a trough in volume in the first quarter of 2009, and a...
Ube Industries has reported a 73% fall in net profits for the nine months ended December 31, 2009, to ¥5.3 billion ($59 million), on sales down 27%, to ¥398 billion. Ube’s chemicals and plastics segment recorded a 38% fall in sales, to...
Pfizer reported a 188% rise in net profits for the fourth quarter of 2009, to $767 million, compared to the fourth quarter of 2008. The net profits for the quarter was favorably impacted by increased revenues as well as the non-recurrence of the pre-tax and...
Kuraray reported a 25% decrease in net profits, for the nine months ended December 31, 2009, to ¥12 billion ($133 million), compared with the year-ago period. Sales decreased by 20%, to ¥243 billion...
Syngenta says 2009 net income fell about 1%, to $1.37 billion, on lower currency values and higher raw material costs. Sales fell 5%, to $10.9 billion. Earnings per share fell 3%, to $15.76, excluding restructuring...
Air Products has made a $7 billion hostile bid to takeover Airgas and move into the packaged gases market. The combination would create North America's largest industrial gases company. However, Airgas has refused to engage Air Products in discussions over...
Asahi Kasei reported an 18% decline in net profits, to ¥20.6 billion ($229 million), for the nine months ended December 31, 2009, compared to the year-ago period, Sales decreased by 16%, to ¥1.02 trillion, mainly due to lower market prices in the...
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