Volume 92 Issue 32 | pp. 14-15
Issue Date: August 11, 2014

A Rising Tide Lifts First-Half Chemical Earnings

A late economic thaw reinvigorates demand as executives turn attention to restructuring
Department: Business
Keywords: earnings, divestments, restructuring, sales, activist investors

Although 2014 got off to a slow and chilly start, demand for chemicals returned in the second quarter, helping to raise both sales and earnings in the first half of the year at 11 of 18 firms tracked by C&EN. In total, companies saw sales edge up 0.9% and earnings grow 2.0%.

Those figures would have been sunnier without the results from fertilizer producer Mosaic, which suffered from low potash prices. Subtracting Mosaic, . . .

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