Tag: Chemicals

DuPont Chooses GE Path and Will Split Into 3 Parts. The Stock Is Rising.

DuPont is going the way of GE—again—by surprising investors with a three-way breakup. The reaction from investors was positive.

Albemarle Beats Earnings Estimates. Investors Hope for a Commodity Trough.

Shares of lithium miner Albemarle were rising in premarket trading Thursday after earnings fell dramatically year over year but still beat Wall Street estimates.

3M beats profit estimates on price hikes, cost cuts

U.S. industrial giant 3M Co posted a better-than-expected quarterly profit on Tuesday as price hikes and cost cuts offset the impact from slow sales, sending its shares up nearly 8% in premarket trading.

Πλαστικά Θράκης: Λειτουργικά κέρδη 44 εκατ. ευρώ το 2023, μέρισμα 0,23 ευρώ

Το συνολικό EBITDA διαμορφώθηκε στα €44,0 εκατ. ενισχυμένο κατά 2,4% με τα καθαρά κέρδη να διαμορφώνονται στα 17,76 εκατ. ευρώ. Οι προοπτικές για φέτος.

Lithium Stock Albemarle Is Falling on a Capital Raise. It Was Inevitable.

Shares of lithium miner Albemarle are falling because the company is raising more capital, and shareholders are wary of the potential dilution.

DuPont Stock Drops on Lousy Guidance. Blame China and Destocking.

Materials giant DuPont pre-announced fourth-quarter results and provided financial guidance for the first quarter, and the numbers weren’t good.

3M Earnings Beat Estimates. The Stock Is Getting Crushed.

Growth is back at 3M. The stock is droppin g anyway.

Albermarle to cut jobs, capex as lithium prices have plunged

Albermarle Corp. announced Wednesday cost-cutting actions, including job cuts, in an effort to boost cash flow as a result of changing market conditions, particularly in the lithium value chain.

Chemicals giant BASF announces CEO shakeup as Europe’s gas crisis bites

The world’s top chemicals producer BASF on Wednesday set out plans to shake up its board, as the company struggles to retain its profit margins in the face of Germany’s energy crisis and the global economic slump.    

Θερμοκήπια Θράκης (Πλαστικά Θράκης): Νέες επενδύσεις €14,5 εκατ. τη διετία 2024-2026

Νέο διετές επενδυτικό πλάνο αξίας 14,5 εκατ. τίθεται σε εφαρμογή από την Θερμοκήπια Θράκης Α.Ε., την κοινοπραξία του Ομίλου Πλαστικά Θράκης και της Έλαστρον.

Πλαστικά Θράκης: Στα 20,2 εκατ. τα κέρδη προ φόρων, μοιράζει προμέρισμα €0,07

Στα 269,8 εκατ. ευρώ υποχώρησαν οι πωλήσεις του ομίλου, με τα EBITDA να διαμορφώνονται στα 37 εκατ. ευρώ. Διανέμει προσωρινό μέρισμα 3 εκατ. ευρώ.

3M Posts Big Earnings Beat Following Recent Legal Settlements

There is a lot going on a 3M -1.10% these days, including some big legal settlements. Investors and Wall Street had reacted by essentially avoiding the stock.

ΕΛΤΟΝ: Υποχώρηση σε έσοδα και μικτά κέρδη στο α’ εξάμηνο

Υποχώρηση σε έσοδα (-6,54%) και μικτά κέρδη (-32,60%) κατέγραψε ο όμιλος ΕΛΤΟΝ, τα μεγέθη του οποίου επηρεάστηκαν έντονα, όπως αναφέρεται στην εταιρική ανακοίνωση, από τις δυσμενείς συνθήκες της αγοράς.

Πλαστικά Θράκης: Στα 180,1 εκατ. ευρώ ο τζίρος το α’ εξάμηνο

Κέρδη μετά από φόρους και δικαιώματα μειοψηφίας της τάξης των 8,9 εκατ. ευρώ κατέγραψε η Πλαστικά Θράκης στο α’ εξάμηνο του 2023, όπως ανακοίνωσε η εταιρεία.

3M Agrees to Pay More Than $5.5 Billion Over Combat Earplugs

3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold the US military defective combat earplugs, people familiar with the deal said.

DuPont to sell majority stake in Delrin resins unit for about $1.6 bln

Chemical maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell 80.1% of its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, for about $1.6 billion.

DuPont’s stock up 1.3% premarket as earnings beat offsets mixed guidance

DuPont de Nemours Inc.’s stock DD,rose 1.3% premarket Wednesday, after the chemicals company topped forecasts for its second quarter earnings, although its guidance was mixed.

3M raises full-year profit forecast on higher prices, cost-cut measures

July 25 (Reuters) – U.S. industrial conglomerate 3M Co (MMM.N) on Tuesday raised its full-year profit forecast, benefiting from higher prices and cost-cut measures including significant layoffs.

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PPG Industries raises forecast as higher prices boost quarterly results

July 20 (Reuters) – PPG Industries (PPG.N) raised its full-year profit forecast on Thursday after beating second-quarter profit estimates as strong prices helped the industrial coatings maker offset lower demand.

3M reaches $10.3 billion settlement over contamination of water systems with ‘forever chemicals’

Chemical manufacturer 3M Co. will pay at least $10.3 billion to settle lawsuits over contamination of many U.S. public drinking water systems with potentially harmful compounds used in firefighting foam and a host of consumer products, the chemical manufacturer said Thursday.