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Diversified Chemicals

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Lanxess CEO Says Automotive Could Be Tough Business In Q3 And Q4, Potentially In 2020

Friday, 2 Aug 2019

Aug 2 (Reuters) - LANXESS AG ::CEO SAYS FURTHER EFFICIENCY MEASURES PLANNED AT LEATHER, ORGANOMETALLICS BUSINESSES; MEASURES WILL CONTINUE OR MAY BE ACCELERATED.CEO SAYS AUTOMOTIVE SECTOR WAS A DISASTER IN Q2.CEO SAYS AUTOMOTIVE COULD BE TOUGH BUSINESS IN Q3 AND Q4, POTENTIALLY IN 2020.

Incitec Pivot Updates On Impact Of Weather Condition On H1 Earnings

Tuesday, 2 Apr 2019

April 2 (Reuters) - Incitec Pivot Ltd ::DISTRIBUTION SALES IN FIRST HALF OF FY19 ARE CURRENTLY DOWN APPROXIMATELY 200,000 TONNES VERSUS PRIOR CORRESPONDING PERIOD.IPL HAS COMPLETED A REVIEW OF ITS SINGLE SUPER PHOSPHATES (SSP) MANUFACTURING OPERATIONS IN VICTORIA.IMPACT OF THE LOWER VOLUMES ON FIRST HALF FY19 EBIT IS EXPECTED TO BE APPROXIMATELY A$20M COMPARED TO PCP.PORTLAND SSP MANUFACTURING FACILITY WILL CLOSE IN MAY 2019 AND OPERATIONS WILL BE CONSOLIDATED TO GEELONG SSP MANUFACTURING FACILITY..PORTLAND PRIMARY DISTRIBUTION CENTRE WILL CONTINUE TO OPERATE TO SERVE CUSTOMERS AS NORMAL..TOTAL COST ASSOCIATED WITH CLOSURE AND SUBSEQUENT CONSOLIDATION OF OPERATIONS TO GEELONG IS EXPECTED TO BE APPROXIMATELY A$13M.FINANCIAL IMPACT OF QUEENSLAND RAIL OUTAGE ON FIRST HALF EBIT IS EXPECTED TO BE ABOUT A$60M.TOTAL IMPACT OF QUEENSLAND RAIL OUTAGE IMPACT FOR 2019 FY NOW ANTICIPATED TO BE AROUND LOWER END (A$100M) OF RANGE PREVIOUSLY ANNOUNCED.PORTLAND SSP TO BE CONSOLIDATED TO GEELONG SSP FACILITY; SEES SYNERGIES FROM COMBINED OPERATION OF A$3M EBIT PER ANNUM FROM FY20.ESTIMATED EBIT FOR LOUISIANA AMMONIA PLANT FOR FIRST HALF OF FY19 IS ABOUT A$14M COMPARED TO A$62M IN PCP.

Incitec Pivot Noted Closure Of Rail Line Between Townsville And Phosphate Hill

Monday, 11 Feb 2019

Feb 11 (Reuters) - Incitec Pivot Ltd ::NOTED CLOSURE OF RAIL LINE BETWEEN TOWNSVILLE AND PHOSPHATE HILL.IPL BEGAN A PROGRESSIVE SHUTDOWN OF PLANTS WITHIN ITS PHOSPHATE HILL FACILITY OVER WEEKEND.IPL'S PHOSPHATE HILL FACILITY HAS NOT SUSTAINED ANY DAMAGE.TOWNSVILLE FERTILISER DISTRIBUTION AND PORT FACILITIES SUFFERED ONLY VERY MINOR DAMAGE AND ARE OPERATIONAL.CURRENTLY ESTIMATES IMPACT OF RAIL CLOSURE WILL GIVE RISE TO LOST EARNINGS BEFORE INTEREST AND TAX OF ABOUT A$10M PER WEEK FROM FEB 9.CONTINUING TO RUN EACH PLANT AT PHOSPHATE HILL FOR AS LONG AS POSSIBLE GIVEN STORAGE AND INPUT CONSTRAINTS.

Croda International To Buy Brenntag Biosector For EUR 72 Mln

Monday, 17 Dec 2018

Dec 17 (Reuters) - Croda International PLC ::ACQUISITION OF GLOBAL VACCINE ADJUVANT SPECIALIST.TOTAL CONSIDERATION IS EUR 72 MILLION IN CASH AND TRANSACTION IS EXPECTED TO CLOSE BY END OF 2018.DEFINITIVE AGREEMENT HAS BEEN SIGNED WITH BRENNTAG NORDIC A/S TO ACQUIRE BRENNTAG BIOSECTOR A/S.ON COMPLETION, BIOSECTOR WILL BE INTEGRATED INTO CRODA'S HEALTH CARE BUSINESS WITHIN LIFE SCIENCES SECTOR.BIOSECTOR WIL CONTINUE TO BE LED BY ITS TEAM.

Imerys Simplifies Its Organization Around 2 Segments

Monday, 26 Nov 2018

Nov 26 (Reuters) - IMERYS SA ::IMERYS SIMPLIFIES ITS ORGANIZATION FOR GREATER CUSTOMER FOCUS.NEW ORGANIZATION, EFFECTIVE DEC 1, 2018, WILL BE ORGANIZED AROUND 2 SEGMENTS, GROUPING 5 NEWLY CREATED BUSINESS AREAS.NEW ORGANIZATION WITH TWO SEGMENTS WILL BE REFLECTED IN THE FINANCIAL REPORTING STARTING IN 2019.2 SEGMENTS TO BE: THE PERFORMANCE MINERALS SEGMENT AND THE HIGH TEMPERATURE MATERIALS & SOLUTIONS.

Rolfes Holdings Sees FY HEPS 11.2 - 13.2 Cents

Friday, 14 Sep 2018

Sept 14 (Reuters) - Rolfes Holdings Ltd ::SEES FY NORMALISED CONTINUING HEPS 32.2 TO 36.2C.SEES FY CONTINUING HEPS 11.6 TO 13.6C.SEES FY HEPS 11.2 - 13.2 CENTS.2018 RESULTS NEGATIVELY IMPACTED BY IMPAIRMENTS, NON-RECURRING ITEMS, RESTRUCTURING.

BASF India Says BASF Has Decided To Phase Out Agency Business

Monday, 10 Sep 2018

Sept 10 (Reuters) - BASF India Ltd ::SAYS BASF HAS DECIDED TO PHASE OUT AGENCY BUSINESS.

Nippon Kayaku to merge with units

Tuesday, 28 Aug 2018

Aug 28(Reuters) - Nippon Kayaku Co Ltd <4272.T>:Says it plans to merge with a wholly owned Hiroshima-based unit and a wholly owned Tokyo-based unit.Merger effective Oct. 1.Says the two units will be dissolved after the merger .

DSM Q1 Sales Up At 2.44 Billion Euros

Tuesday, 8 May 2018

May 8 (Reuters) - KONINKLIJKE DSM NV ::Q1 CONTINUED STRONG ORGANIC SALES GROWTH IN UNDERLYING BUSINESS ESTIMATED AT 11% .Q1 TOTAL ADJUSTED EBITDA UP 56% AND NET PROFIT UP 122% TO €331M.DSM CONFIRMS ITS INCREASED FULL YEAR OUTLOOK 2018, AS ANNOUNCED ON 12 APRIL 2018.AT END Q1 CASH FROM OPERATING ACTIVITIES UP 58%, AMOUNTING TO €310M.Q1 SALES EUR 2.44 BILLION VERSUS EUR 2.16 BILLION YEAR AGO.

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