Mixed bag for Q2

Robinson, Simon
August 2006
ICIS Chemical Business;8/14/2006, Vol. 1 Issue 31, p11
Trade Publication
The article reports on the profits posted by some chemical firms in Europe. Swiss speciality chemicals group Clariant AG blames restructuring charges, and higher energy, logistics and raw materials costs for its sharp 46% drop in second quarter operating profit to SF62 million (€39.4 million/$50.3 million). At German specialities producer Degussa, earnings before interest and taxes rose 19% in the second half to €437 million on sales of €5.5 billion.


Related Articles

  • Clariant, Degussa post 1Q results. Milmo, Sean // Chemical Market Reporter;5/16/2005, Vol. 267 Issue 20, p17 

    Reports on the financial performance of chemical companies, Clariant and Degussa for the first quarter of 2005. Decline in Clariant's sales and operating profit for the first quarter; Earnings before interest, taxes, depreciation and amortization; Factors attributed to the decline in Degussa's...

  • Greater demand fuels Degussa result. Robinson, Simon // ICIS Chemical Business;5/15/2006, Vol. 1 Issue 19, p11 

    The article reports on the profits posted by Europe-based Degussa AG in the first quarter of 2006. Degussa's first-quarter operating profits rose 26% to €219 million, and sales were 21% higher at €2.74 billion, driven upwards by 7% on stronger volumes and 8% on higher prices. The...

  • Clariant's Q1 rises 'satisfactory'. Robinson, Simon // ICIS Chemical Business;5/15/2006, Vol. 1 Issue 19, p10 

    The article reports on the profits posted by Europe-based Clariant AG in the first quarter of 2006. The company's first-quarter operating income rose by 12% to SF156 million before exceptional items; cost-cutting helped to offset higher raw material, energy and logistics costs. The chemical...

  • Europe in Brief.  // Chemical Market Reporter;3/18/2002, Vol. 261 Issue 11, p6 

    Presents news briefs on the chemical industry in Europe as of March 2002. Acquisition of Perstorp's stake in Perstorp Clariant AB by Clariant AG; Launch of a corporate advertising campaign of Degussa AG.

  • specialties.  // Chemical Week;7/17/2002, Vol. 164 Issue 28, p30 

    Presents news briefs on the chemical industry as of July 2002. Operation of a plant at Coatzacoalcos, Mexico by Clariant; Production and marketing of triallyl isocyanurate used to crosslink high-performance plastics and rubbers by Degussa; Increase in price of 3-(Dimethylamino)propylamine by...

  • euro In Brief.  // Chemical Market Reporter;1/7/2002, Vol. 261 Issue 1, p5 

    Presents news briefs on the chemical industry in Europe as of January 2002. Expectation of ENI to reach an agreement within weeks on the sale to Saudi Basic Industries Corp. of a majority stake in Polimeri Europa; Agreement of Clariant to purchase Perstorp's share in Perstorp Clariant AB;...

  • Clariant Warns of Lower Margins; Restructures Business.  // Chemical Week;10/24/2001, Vol. 163 Issue 39, p8 

    Reports on the operating margin decline that Clariant AG is expecting to post in the second half of 2001. Number of jobs that Clariant wants to eliminate; Company's plan for its cellulose ethers and polymerisates division.

  • Clariant Quarterly Sales Drop 8%. Milmo, Sean // Chemical Market Reporter;04/26/99, Vol. 255 Issue 17, p6 

    Offers a look at the decrease in sales experienced by Clariant for the 1999 first quarter. Factors where the company attribute this situation; Sales of the company's divisions; Performance of pharmaceutical and agrochemical intermediates of the company; Capital investments.

  • Clariant Sees Signs of a Turnaround. Young, Ian // Chemical Week;5/8/2002, Vol. 164 Issue 19, p31 

    Deals with the financial performance of Clariant for its fiscal first quarter 2001. Improvements in profits; Performance of Clariant's masterbatches; Factors which contributed to the performance of the life science and electronic chemicals division.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics