Chemicals
The companies featured on PressReleaseFinder are active in several industries.
31 Oct 2011
Operationally on track, Süd-Chemie on target
• Solid operational performance with differentiated demand picture from business to business, strong headwind from currencies; Catalysis & Energy with the expected pick-up in sales.
• Q3 sales up 25% in local currency and 9% in Swiss francs, driven by acquisitions and higher sales prices.
• Q3 EBITDA before exceptional items at CHF 216 million, down from CHF 232 million in the previous-year period, negative currency impact of CHF 73 million.
• Q3 EBITDA margin before exceptional items reached 11.6% compared to 13.6% a year ago; 13.4% at constant currencies
• Q3 cash flow from operations turned positive at CHF 105 million compared to CHF –101 million in Q2 2011 and CHF 173 million in Q3 2010
• Outlook: Clariant expects a similar trading environment to the third quarter until year-end 2011, characterized by further softening demand, volatile currencies and stable raw material costs. For the full-year 2011, Clariant confirms its guidance, with sales between CHF 7.0 and 7.2 billion and an EBITDA margin of 12.8% to 13.2%.
27 Oct 2011
DSM Engineering Plastics Extends its R&D Capacity with the New DSM China Science and Technology Center in Shanghai
Royal DSM N.V., the Life Sciences and Materials Sciences Company, has recently opened its China Science and Technology Center as an example of the company’s long-term commitment to the growth in China. The opening marks a new stage in the development of DSM Engineering Plastics, and further enhances its R&D capacity in both Chinese and Asian markets with localized innovations and applications tailor-made for Chinese and Asian customers. DSM Engineering Plastics is proud to contribute to China’s development in innovation and sustainability, particularly in the industries of Automotive, Electrical and Electronics.
