Diversified Chemicals

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Sumitomo Chemical Co Ltd raises consolidated mid-year outlook for FY 2015

2:00am EDT

Sumitomo Chemical Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2015.Revenue forecast increased to 1,128,000 million yen from 1,110,000 million yen.Operating profit forecast increased to 36,000 million yen from 35,000 million yen.Ordinary profit forecast increased to 52,000 million yen from 45,000 million yen.Net profit forecast increased to 22,000 million yen from 10,000 million yen.Earnings per share forecast increased to 13.46 yen from 6.12 yen.Comments that increased Shipment in basic chemical and petrochemical business, depreciation of Japanese yen and selling of asset and securities are the main reasons for the forecast.

Chemipro Kasei Kaisha Ltd lowers consolidated mid-year outlook for FY 2015

Monday, 20 Oct 2014 02:40am EDT

Chemipro Kasei Kaisha Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 4,150 million yen from 4,200 million yen for the FY ending March 2015.Sees a decrease of operating profit forecast to 55 million yen from 90 million yen.Sees a decrease of ordinary profit forecast to a loss of 5 million yen from 20 million yen.Sees a decrease of net profit forecast to 4 million yen from 10 million yen.Sees a decrease of earnings per share to 0.24 yen from 0.60 yen.Comments the rising consumption tax and increased cost are the main reasons for the forecast.

FMC Corp executes credit agreements for $3.5 bln

Tuesday, 14 Oct 2014 09:00am EDT

FMC Corp:Has executed $3.5 bln of unsecured credit agreements with lenders.To facilitate its agreement to acquire all outstanding equity of Cheminova A/S.

Yuki Gosei Kogyo Co Ltd Expects extraordinary profit for FY 2015

Tuesday, 14 Oct 2014 03:00am EDT

Yuki Gosei Kogyo Co Ltd:Expected extraordinary profit of 187 million for FY ending March 2015.Says received from The Tokyo Electric Power Company, Incorporated, on the compensation for harmful rumor related to Fukushima nuclear power disaster.

Paints and Chemical Industries Co SAE announces dividend payment for FY 2013/2014

Saturday, 11 Oct 2014 08:00pm EDT

Paints and Chemical Industries Co SAE:Announced a cash dividends payment of 3.5 Egyptian pounds per share for the fiscal year 2013/2014.

Hardcastle And Waud Manufacturing Co Ltd announces appointment of statutory auditors

Friday, 10 Oct 2014 05:45am EDT

Hardcastle And Waud Manufacturing Co Ltd:Says Messrs GMJ & Co., Chartered Accountants have been appointed as statutory auditors of the company at the sixty eighth annual general meeting held on Sept. 30, for a term of five years.

Shandong Hualu Hengsheng Chemical issues Q1 to Q3 2014 net profit outlook

Thursday, 9 Oct 2014 08:00pm EDT

Shandong Hualu Hengsheng Chemical Co Ltd:Sees net profit for the first three quarters of 2014 to increased 80 pct to 100 pct.The net profit of the same period in 2013 was 324,768,265.72 yuan.Comments that stable operation of production system, effective cost control as the main reasons for the forecast.

Ashland to sell elastomers business to Lion Copolymer Holdings LLC

Thursday, 9 Oct 2014 08:30am EDT

Ashland Inc:Ashland Inc. and Lion Copolymer Holdings, LLC, announces they have reached definitive agreement under which Lion Copolymer will purchase Ashland's elastomers business based in Port Neches, Texas.The transaction is expected to close by Dec. 31, contingent on certain customary regulatory approvals and standard closing conditions.Financial terms were not disclosed.

PolyOne announces 25 pct increase in quarterly dividend

Wednesday, 8 Oct 2014 04:30pm EDT

PolyOne Corp:Declares a quarterly cash dividend of $0.10 per share on the common stock outstanding.Represents a 25 pct increase to the quarterly cash dividend and the fourth consecutive year of annual dividend growth.Dividend will be paid on Jan. 7, 2015, to stockholders of record on Dec. 15.


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