Entered into a definitive agreement to sell our Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million Net sales from continuing operations of $634 million Loss from continuing operations, net of taxes of $26 million Net loss of $102 million Segment EBITDA from continuing operations of $91 million compared to $104 million in the third quarter 2019. Both periods reflect … Continue reading Hexion to Announce Third Quarter 2020 Results

Strong improvement in the Group’s volumes compared to the second quarter and excellent cash generation in an environment which remains uncertain. Sales of €1.9 billion (€2.2 billion in Q3’19): 9% decline at constant scope and currency (-18% in Q2’20), in line with the guidance of around -10% issued end July. Negative volume effect of 4.4% Rebound in the construction and decorative paints markets. Industrial markets remain well down … Continue reading Arkema to publish Q3, 2020 results

Wacker Chemie AG’s Figures for Q3 2020 (unaudited) WACKER’S Q3 2020 SALES REACH €1.18 BILLION, UP 10 PERCENT QUARTER OVER QUARTER, BUT DOWN 7 PERCENT YEAR OVER YEAR DUE TO IMPACT OF CORONAVIRUS PANDEMIC AT €191 MILLION, EBITDA IS 81 PERCENT HIGHER VERSUS A QUARTER AGO, BUT 30 PERCENT LOWER THAN LAST YEAR DUE TO SPECIAL INCOME POSTED IN Q3 2019 NET INCOME FOR Q3 … Continue reading WACKER to announce Substantial Quarter-Over-Quarter Increases in Sales and EBITDA in Q3 2020

Eastman Chemical Company announced its third-quarter 2020 financial results.  (In millions, except per share amounts) 3Q2020 3Q2019 Sales revenue   $2,122 $2,325         Earnings before interest and taxes (“EBIT”)   243 367         Adjusted EBIT*    310 369 Earnings per diluted share   1.18 1.93         Adjusted earnings per diluted share*                    1.57 1.94 Net cash … Continue reading Eastman to Announce Third-Quarter 2020 Financial Results

Third Quarter 2020 and Other Highlights Net income of $106 million and diluted EPS of $2.75 Adjusted EBITDA* of $102 million, including a $2 million favorable impact from net timing, and Adjusted EPS* of $2.87 COVID-19 pre-tax impact of $65 million to $70 million in the first half of the year with an expected second half pre-tax benefit of $10 million to $15 million from … Continue reading Trinseo to Report Third Quarter 2020 Financial Results

Orion Engineered Carbons S.A., a global supplier of specialty and high-performance carbon black, today announced financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights Continued focus on protecting employees, maintaining agile production and managing costs. Benefited from a pronounced sequential demand surge. Net sales of $282.0 million compared to $370.2 million in the third quarter of 2019 reflecting the impact … Continue reading Orion Engineered Carbons to Announce Third Quarter Financial Results

EBITDA pre exceptionals expected at between EUR 820 million and EUR 880 million for the full year Sales decline by 14.3 percent to EUR 1.461 billion EBITDA pre exceptionals of EUR 193 million 28.3 percent below previous year EBITDA margin pre exceptionals at 13.2 percent Consumer Protection remains strong pillar of the Group Demand visibly recovering in many customer industries Special bonus for employees New … Continue reading LANXESS to publish the results for the 3rd quarter of 2020

The Chemours Company (Chemours), a global chemistry company with leading market positions in Fluoroproducts, Chemical Solutions and Titanium Technologies, announced its financial results for the third quarter 2020. Third Quarter 2020 Results & Highlights Net Sales of $1.2 billion Net Income of $76 million, with EPS of $0.46 Adjusted Net Income of $78 million, with Adjusted EPS of $0.47 Adjusted EBITDA of $210 million Free Cash Flow of $252 million, a $92 million improvement … Continue reading The Chemours Company to Report Third Quarter 2020 Results

Core volumes up by 3.0% Group sales total around EUR 2.8 billion (–12.7%) EBITDA of EUR 456 million (+7.3%) driven by cost-cutting measures Net income of EUR 179 million (+21.8%) Free operating cash flow rises to EUR 361 million (+48.6%) Guidance on full-year earnings raised Announced acquisition makes Covestro one of the leading suppliers of sustainable coating resins In the third quarter of 2020, Covestro … Continue reading Covestro with significant growth in volume and earnings in Q3, 2020