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Specialty Chemicals

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Rayonier sees lower 2017 sales volumes for cellulose specialties products

Friday, 20 Oct 2017 09:02am EDT

Oct 20 (Reuters) - Rayonier Advanced Materials Inc :Rayonier - ‍due to "operational upset" at a customer, sales volumes in 2017 for cellulose specialties products expected to be lower than expected​.Rayonier - ‍company believes impact from "operational upset​" to be limited to Q4 of 2017.Rayonier - ‍impact to revenue estimated to be between $15- $30 million, or about 3 percent of expected FY revenues from operational upset​.

Sinoma Science and Technology sees 2017 net profit up 80-120 pct y/y

Friday, 20 Oct 2017 05:09am EDT

Oct 20 (Reuters) - Sinoma Science And Technology Co Ltd <002080.SZ>:Says it expects 2017 net profit to rise 80-120 percent y/y to 722.5-883.1 million yuan ($109.14-$133.40 million).

Zhejiang Huafon Spandex expects to return to net profit for FY 2017

Friday, 20 Oct 2017 02:11am EDT

Oct 20(Reuters) - Zhejiang Huafon Spandex Co Ltd <002064.SZ> ::Says it expects FY 2017 to return to net profit of 350-400 million yuan from net loss of 303.8 million yuan year ago.The reasons are expanded capacity and increased sales as well as raised spandex sales price.

Jiangsu Kuangshun Photosensitivity New-Material Stock sets up photosensitive material unit

Thursday, 19 Oct 2017 08:31pm EDT

Oct 20 (Reuters) - Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd <300537.SZ> ::Says it completes establishment of wholly owned photosensitive material subsidiary in Zhuhai city.

Malion New Materials plans battery project, buys equipment from Toshiba Machine

Thursday, 19 Oct 2017 08:01pm EDT

Oct 20 (Reuters) - Malion New Materials Co Ltd <300586.SZ>:Says it plans to set up unit for battery separator film project worth 503.1 million yuan ($76.08 million).Says it plans to buy production equipment worth 2.45 billion yen ($21.74 million) From Toshiba Machine Co Ltd <<<6104.T>>>.

Sensient Technologies Q3 adj EPS $0.89 from continuing operations

Thursday, 19 Oct 2017 04:59pm EDT

Oct 19 (Reuters) - Sensient Technologies Corp ::Sensient Technologies Corporation reports results for the quarter ended September 30, 2017.Q3 adjusted earnings per share $0.89 from continuing operations.Q3 earnings per share $0.73 from continuing operations.Q3 revenue $353.5 million versus I/B/E/S view $352.5 million.Q3 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $2.47 to $2.52 from continuing operations.

Noble Century Investment terminates MOU with Sino Grand Investment Holdings​

Thursday, 19 Oct 2017 05:56am EDT

Oct 19 (Reuters) - Noble Century Investment Holdings Ltd <2322.HK>:Terminates MOU with Sino Grand Investment Holdings​ in relation to possible acquisition of 100 percent stake in Grace Sliver.‍Termination of MOU would have no material adverse impact on financial position of Co​.

Shanghai Kangda New Materials to buy stake in tech firm via cash, share issue

Thursday, 19 Oct 2017 05:30am EDT

Oct 19 (Reuters) - Shanghai Kangda New Materials Co Ltd <002669.SZ>:Says it plans to buy 68.2 percent stake in Bikong Science and Technology for 313.5 million yuan ($47.35 million) via cash, share issue.Says it plans to raise up to 205 million yuan in share private placement to fund the acquisition.

Jiangsu Yabang Dyestuff's 9-month net profit down 10.5 pct y/y

Thursday, 19 Oct 2017 05:02am EDT

Oct 19 (Reuters) - Jiangsu Yabang Dyestuff Ltd <603188.SS>:Says 9-month net profit down 10.5 percent y/y at 452.7 million yuan ($68.36 million).

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