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Materials and Metals Chemicals

  • DENVER _ Intrepid Potash Inc. on Tuesday reported a loss of $16.6 million in its fourth quarter. The Denver- based company said it had a loss of 22 cents per share. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

  • HOUSTON _ Kraton Performance Polymers Inc. on Monday reported a loss of $3.7 million in its fourth quarter. On a per-share basis, the Houston- based company said it had a loss of 12 cents. Kraton shares have declined 3.5 percent since the beginning of the year.

  • CHARLOTTE, N.C. _ Albemarle Corp. on Monday reported fourth-quarter profit of $602.1 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. Five analysts surveyed by Zacks expected $599.8 million.

  • KUALA LUMPUR, Feb 27- Malaysia's Prime Minister Najib Razak announced on Monday that Saudi Arabia's state oil company Saudi Aramco will invest $7 billion into an oil refinery and petrochemical project in Malaysia's southern state of Johor. Najib said the decision was made before noon on Monday after discussions between top executives from Saudi Aramco and...

  • KUALA LUMPUR, Feb 27- Malaysia's Prime Minister Najib Razak announced on Monday that Saudi Arabia's state oil company Saudi Aramco will invest $7 billion into an oil refinery and petrochemical project in Malaysia's southern state of Johor. Najib said the decision was made before noon on Monday after discussions between top executives from Saudi Aramco and...

  • Expanded margins for 12th consecutive quarter: Solvay CFO

    Solvay CFO Karim Hajjar discusses his company's earnings, which revealed growth in all segments.

  • PITTSBURGH _ Koppers Holdings Inc. on Thursday reported fourth-quarter net income of $6.4 million, after reporting a loss in the same period a year earlier. The Pittsburgh- based company said it had net income of 30 cents per share. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

  • PHILADELPHIA _ Chemtura Corp. on Wednesday reported fourth-quarter profit of $22 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Chemtura shares have dropped slightly since the beginning of the year.

  • BERWYN, Pa. _ Trinseo SA on Wednesday reported fourth-quarter profit of $78.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share. For the current quarter ending in April, Trinseo expects its per-share earnings to range from $2.19 to $2.37.

  • Dupont and Dow Chemical

    EU antitrust regulators are set to clear the $130 billion merger of Dow Chemical and DuPont.

  • LEVERKUSEN, Germany, Feb 22- German drugs and pesticides maker Bayer forecast a year without earnings growth for its agricultural products business on Wednesday, as it seeks to complete its $66 billion deal to take over U.S. seeds giant Monsanto. The shares were down 1.8 percent at 106.95 euros at 1319 GMT, reversing gains made over the last three trading sessions...

  • NORTHFIELD, Ill. _ Stepan Co. on Wednesday reported fourth-quarter profit of $8.4 million. On a per-share basis, the Northfield, Illinois- based company said it had net income of 36 cents. Stepan Co. shares have decreased 3 percent since the beginning of the year.

  • SAO PAULO, Feb 22- Brazil's Braskem SA is trimming investments this year as it winds down spending on a new plant in Mexico and cuts back strategic new projects after a bribery settlement hammered earnings last year, according to a Wednesday securities filing. Latin America's largest petrochemical company plans to invest 1.814 billion reais in 2017, down from...

  • DOWNERS GROVE, Ill. _ Univar Inc. on Wednesday reported a loss of $59.2 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Univar shares have increased slightly more than 4 percent since the beginning of the year.

  • Feb 21- Chemical maker Tronox Ltd announced plans on Tuesday to buy the titanium dioxide business of Cristal, a subsidiary of Saudi Arabia's Tasnee, for $1.67 billion cash and new shares. The deal will help Cristal pay its outstanding bank debt of $1.673 billion in Saudi Arabia, Tronox said in a statement. Those banks include The Saudi British Bank, an affiliate of...

  • Feb 21- Chemical maker Tronox Ltd said it would expand a business that makes titanium dioxide, a whitening pigment used in paints, with a $1.67 billion deal. Shares of the company were up 4 percent in premarket trading on Tuesday. Credit Suisse was Tronox's financial adviser, while Kirkland& Ellis LLP and Willkie Farr& Gallagher LLP were its legal advisers.

  • Feb 21- Chemical maker Tronox Ltd said it would expand a business that makes titanium dioxide, a whitening pigment used in paints, paper and plastics with a $1.67 billion deal. Tronox is buying the titanium dioxide unit of privately held chemical and mining company Cristal. Cristal will hold a 24 percent stake in the new Tronox, which will include the expanded...

  • Rating trends in the global chemicals industry are set to remain mostly stable in 2017, according to a S&P report. Paul Watters, head of corporate research at S&P Global, explains.

  • The agreement was signed on Thursday by top prosecutors from Brasil, Argentina, Chile, Colombia, Ecuador, Mexico, Peru, the Dominican Republic, Venezuela, Panama and one European country, Portugal. Odebrecht said it paid $439 million outside Brazil, with the largest bribe admissions abroad in Venezuela, the Dominican Republic and Panama. Brazilian prosecutors...

  • SEOUL/ SINGAPORE, Feb 17- A shift in the use of liquefied petroleum gas to petrochemicals and away from transport has pushed demand for the fuel to new records in South Korea, after years of slumping consumption, a change which mostly benefits U.S. suppliers. South Korea mainly used LPG to power cars up to 2010, but sales started to spiral down as drivers of...