Diversified Chemicals

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SUGAI CHEMICAL INDUSTRY cancels year-end dividend for FY 2016

Friday, 5 Feb 2016 01:00am EST

SUGAI CHEMICAL INDUSTRY CO LTD:Resolved to cancel the year-end dividend for FY ending March 2016.Latest dividend forecast was an 3 yen per share.

Mitsubishi Chemical Holdings lowers consolidated full-year outlook for FY 2016

Wednesday, 3 Feb 2016 11:00pm EST

Mitsubishi Chemical Holdings Corp:Says the company lowered the consolidated full-year outlook for revenue to 3,870 billion yen from 3,940 billion yen for the fiscal year ending March 31, 2016.Sees an increase of operating profit forecast to 255 billion yen from 248 billion yen.Sees an increase of ordinary profit forecast to 244.5 billion yen from 237 billion yen.Sees a decrease of net profit forecast to 22 billion yen from 65 billion yen.Sees a decrease of earnings per share to 15.01 yen from 44.37 yen.FY 2016 revenues of 3,926.24 billion yen, net profit of 69.78 billion yen – Thomson Reuters I/B/E/S.Comments that decreased selling price, as well as decreased sales and general administrative expenses are the main reasons for the forecast.

Dow Announces Appointment of James R. Fitterling as President and Chief Operating Officer

Tuesday, 2 Feb 2016 11:45pm EST

Dow Chemical Co:The Dow Chemical Company (NYSE: DOW) announced the appointment of James (Jim) R. Fitterling to the position of President and Chief Operating Officer.

Ashland completes acquisition of Oil Can Henry's stores

Monday, 1 Feb 2016 04:13pm EST

Ashland Inc:Says it has completed the previously announced acquisition of OCH International, Inc.

Taoka Chemical raises consolidated full-year outlook and year-end dividend forecast for FY 2016

Thursday, 28 Jan 2016 01:00am EST

Taoka Chemical Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 21,000 million yen from 20,400 million yen for FY ending March 2016.Operating profit forecast increased to 1,600 million yen from 1,250 million yen.Ordinary profit forecast increased to 1,600 million yen from 1,250 million yen.Net profit forecast increased to 900 million yen from 750 million yen.Earnings per share increased to 62.73 yen from 52.28 yen.Comments the sales increase is the main reason for the forecast.Raised year-end dividend forecast to 6 yen per share from 4 yen per share for FY ending March 2016.

BASF SE comments on FY 2015 EBIT outlook

Tuesday, 26 Jan 2016 07:00pm EST

BASF SE:For the full FY 2015, EBIT of BASF Group is expected to be 6.2 billion euros.Company had previously expected only slightly lower EBIT in the full year 2015.FY 2015 EBIT estimate 7.1 bln euros - Thomson Reuters I/B/E/S.

Shandong Geo-Mineral expects to post profit in 2015

Tuesday, 26 Jan 2016 07:00pm EST

Shandong Geo-Mineral Co., Ltd:Says expects 2015 net profit of 140-160 million yuan, to be out of the red compared with 2014.Says 2014 net loss of 31.3 million yuan.Says income generated from acquired units is the main contribution.

Daito Chemix amends consolidated full-year outlook and cancels dividend forecast for FY 2016

Friday, 22 Jan 2016 02:00am EST

Daito Chemix Corp:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Confirmed the revenue at 9,600 million yen.Confirmed the operating profit forecast at 400 million yen.Confirmed the ordinary profit forecast at 450 million yen.Net profit forecast decreased to a loss of 1,300 million yen from 400 million yen.Earnings per share decreased to a loss of 125.38 yen from 37.23 yen.Says that extraordinary loss of 1,754 mln yen for a lawsuit is the main reason for the forecast.Resolved to cancel the year-end dividend for the FY ending March 2016, and latest dividend forecast was 3 yen per share disclosed on May 12, 2015.

Shandong Geo-Mineral to apply to issue 1.5 bln yuan super short-term financing notes

Friday, 15 Jan 2016 07:00pm EST

Shandong Geo-Mineral Co., Ltd:To apply to issue super short-term financing notes worth up to 1.5 billion yuan with a term of up to 270 days.Proceeds to be used for working capital supplement and loan repayment.

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