echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > BASF, Linde, Dow, DuPont, Bayer, Mitsubishi and 39 other chemical companies in the second quarter of 2020 results.

    BASF, Linde, Dow, DuPont, Bayer, Mitsubishi and 39 other chemical companies in the second quarter of 2020 results.

    • Last Update: 2020-10-19
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    BASF's sales fell 12 percent to 12.7 billion euros ($15 billion) in the second quarter of 2020, mainly due to an 11 percent drop in sales.
    1 per cent, mainly due to lower prices for upstream chemicals.
    earnings before interest and tax on special items were EUR 226 million, down 77% from the second quarter of 2019.
    net income was negative 878 million euros, from nearly 6 billion euros in the second quarter of 2019.
    mainly due to the impairment of BASF's equity investment in Wintershall Dea.
    's chemicals business had sales of EUR 1.8 billion, materials business EUR 2.1 billion, industrial solutions business EUR 1.8 billion, surface treatment technology business EUR 3.1 billion, nutrition and care business EUR 1.6 billion, agricultural solutions business EUR 1.8 billion and other business EUR 507 million.
    Linde plc to report second-quarter 2020 results.
    sales were $6.377 billion in the first quarter, compared with $7.204 billion a year earlier.
    profit was $591 million, compared with $669 million a year earlier.
    net profit was $458 million, compared with $622 million a year earlier.
    Air Liquide to report results for the first half of 2020.
    revenues for the current period were EUR 10,273 million, compared with EUR 10,952 million a year earlier.
    net profit for the current period was EUR 1,078 million, compared with EUR 1,059 million a year earlier.
    revenue for the second quarter was 4.903 billion euros ($5.8 billion).
    ,000-based LyondellBasell reported second-quarter 2020 results.
    revenue for the fourth quarter was $5.546 billion, compared with $9,048 million a year earlier.
    net profit was $314 million, compared with $1 billion a year earlier.
    EBITDA was $760 million, compared with $646 million a year earlier.
    Evonik reports second-quarter 2020 results.
    the global recession triggered by the new crown outbreak, sales and earnings fell year-on-year in the second quarter as demand in some markets weakened significantly.
    sales were 14 per cent lower at 2.83 billion euros ($3.35 billion) and adjusted EBITDA was 456 million euros, down 19 percent.
    adjusted net income for the second quarter fell 30 per cent year-on-year to 160 million euros.
    the second quarter, sales in the Resource Efficiency segment fell 14 per cent to 1.24 billion euros.
    's nutrition and consumer chemicals business fell just 4 per cent to 1.09 billion euros.
    's functional materials business fell 42 percent to 319 million euros.
    Group Holdings (INEOS GROUP HOLDINGS S.A.) Announces second quarter 2020 results.
    revenue for the fourth quarter was 2,466 million euros ($2.92 billion), compared with 3,574 million euros a year earlier.
    operating profit was 78.4 million euros, compared with 326 million euros a year earlier.
    profit for the current period was 25.9 million euros, compared with 241 million euros a year earlier.
    Covestro to report second-quarter 2020 results.
    core business sales fell 22.7% year-on-year in the April-June period as a result of the outbreak, which led to a sharp drop in demand in key customer sectors.
    group's sales fell 32.9 percent to about 2.2 billion euros ($2.6 billion), compared with 3.2 billion euros a year earlier.
    group's second-quarter earnings before interest, tax, depreciation and amortization (EBITDA) were EUR 125 million, down 72.8 per cent year-on-year.
    a net loss of 52 million euros in the first quarter, compared with a net profit of 189 million euros a year earlier. Sales in the
    polyurethane segment fell 38.7 per cent to EUR 913 million in the second quarter, sales in the polycarbonate segment fell -27.8 per cent to EUR 648 million and sales in the coatings, adhesives and specialty chemicals segment fell 28.7 per cent to EUR 443 million.
    Salay to report results for the first half of 2020.
    sales were EUR 4,649 million, down 11% year-on-year.
    fell 18 percent to 2,175 million euros ($2.58 billion) in the second quarter due to weak sales.
    the first half of the year, operating-related EBITDA was EUR 1,008 million, down 15.6% from a year earlier.
    second quarter earnings before interest, tax, depreciation and amortization were EUR 439 million, down 29.5% year-on-year.
    net profit related to operating in the first half of the year was EUR 345 million, while the second quarter figure was EUR 109 million.
    Akzo Nobel, the company's chief financial adviser, reported second-quarter results for 2020.
    sales for the quarter were 1,987 million euros ($2.35 billion), down 19 percent from 2,451 million euros a year earlier.
    adjusted EBITDA profit for the quarter was 321 million euros, compared with 394 million euros a year earlier.
    net profit was 129 million euros, compared with 231 million euros a year earlier.
    Henkel reported first- and second-quarter results for 2020.
    first half of the year was 9,485 million euros, down 6.0 percent from a year earlier.
    , sales in the second quarter were 4,558 million euros, down 11.0 percent from a year earlier.
    first-half adjusted operating profit, adjusted EST, fell 27.5 per cent from 1,641 million euros a year earlier to 1,191 million euros in 2020.
    the first half of the year, sales in the adhesive technology division fell 12.2 per cent year-on-year to 4,153 million euros, compared with 1,944 million euros ($2.3 billion) in the second quarter, down 19.7 percent year-on-year.
    Arkema reports its second-quarter 2020 results.
    sales were 1.9 billion euros ($2.25 billion), down 15.6 percent from a year earlier.
    earnings before interest, tax, depreciation and amortization (EBITDA) were EUR 286 million, from EUR 407 million in the second quarter of 2019.
    adjusted net income was EUR 90 million, from EUR 192 million in the second quarter of 2019.
    LANXESS announced its second quarter 2020 results.
    has had a significant impact on the new crown outbreak.
    before interest, tax, depreciation and amortization fell 20.3 per cent to 224 million euros from 281 million euros.
    second quarter, group sales reached 1,436 million euros ($1.7 billion), down 16.7 percent from 1,724 million euros a year earlier.
    net income from continuing operations increased sharply from EUR 96 million to EUR 803 million.
    (DSM) announced its first half of 2020 results.
    sales for the current period were EUR 4.532 billion, compared with EUR 4.568 billion a year earlier.
    adjusted EBITDA profit of 746 million euros, up 18.9 percent year-on-year.
    sales in the second quarter were 2.239 billion euros ($2.65 billion), compared with 2.276 billion euros a year earlier.
    , nutrition sales were 2.239 billion euros, down 2% year-on-year, and materials sales were 534 million euros, down 25% year-on-year.
    Dow reports second-quarter 2020 results.
    net sales for the quarter were $8,354 million, down 24.2 percent from $11,014 million a year earlier.
    net loss for the quarter was $225 million, compared with a net profit of $75 million a year earlier.
    DuPont to report second-quarter 2020 results.
    revenue fell 12 per cent to $4.8bn, while net loss was $2.47bn, compared with a loss of $570m a year earlier.
    DuPont reported impairment losses on its transportation and industrial sectors as the new crown outbreak affected the global auto market, resulting in a sharp loss in the single quarter.
    -Williams reports second-quarter 2020 results.
    sales for the quarter were $4.604 billion, down 5.6 percent from $4.877 billion a year earlier.
    net profit for the quarter was $596 million, compared with $471 million a year earlier.
    PPG Industries (PPG INDUSTRIES INC.) Announces second quarter 2020 results.
    net sales for the quarter were $3,015 million, down 25 percent from $4,024 million a year earlier.
    net profit for the quarter was $102 million, compared with $272 million a year earlier.
    Ecolab reports second-quarter 2020 results.
    net sales for the quarter were $2,686 million, down 15 percent from $3,169 million a year earlier.
    net profit for the quarter was $129 million, down 62 percent from $343 million a year earlier.
    Products and Chemicals Inc. reported third-quarter results for the year end June 30, 2020.
    sales were $2,065 million in the first quarter, compared with $2,224 million a year earlier.
    net profit was $447 million, compared with $488 million a year earlier.
    Chemical Company of China to report its second quarter 2020 financial results.
    revenue was $1,924 million in the first quarter, compared with $2,363 million a year earlier.
    net profit was $27 million, compared with $258 million a year earlier.
    Huntsman Corp. reports second-quarter 2020 results.
    revenue for the quarter was $1,247 million, compared with $1,784 million a year earlier.
    net loss for the quarter was $59 million, compared with a net profit of $118 million a year earlier.
    Celanese to report second-quarter results for 2020.
    net sales were $1,193 million in the first quarter, compared with $1,592 million a year earlier.
    net profit was $109 million, compared with $210 million a year earlier.
    Coating Systems Ltd. Announces second quarter 2020 results.
    net sales were $653 million in the first quarter, compared with $1,158 million a year earlier.
    a net loss of $82.8 million, compared with a net profit of $98.4 million a year earlier.
    Asia's Mitsubishi Chemical Holdings Corporation reported first-quarter results for the fiscal year ended June 30, 2020.
    revenue for the fourth quarter was 722.7 billion yen ($6.83 billion), compared with 916.4 billion yen a year earlier.
    operating profit was 23.7 billion yen, compared with 69.9 billion yen a year earlier.
    net profit was 5.2 billion yen, compared with 37.8 billion yen a year earlier.
    Saudi Basic Industries (SABIC) announced its second quarter 2020 results.
    revenue was 24.6 billion Saudi riyals ($6.56 billion), compared with 34.9 billion riyals a year earlier, while net loss was 2.21 billion riyals, compared with a net profit of 2.87 billion riyals a year earlier.
    Korea's LG Chem posted consolidated net profit of 419.1 billion won for the April-June 2020 period, five times the same period a year earlier.
    the battery business turned a profit due to increased demand for in-vehicle batteries and higher finished product rates.
    petrochemical business also realized an increase in profits as a result of lower oil prices and lower procurement costs.
    sales rose 2 percent to 6,935.2 trillion won ($5.85 billion) in the April-June quarter, while operating profit rose 2.3 times to 571.6 billion won.
    's petrochemical business fell 16 percent, while sales of its battery business rose 40 percent to an operating profit of 155.5 billion won.
    Hengli Petrochemical's 2020 half-year results showed first-half operating income of 67.358 billion yuan (about $9.74 billion), up 59.11 percent from a year earlier, while net profit was 5.517 billion yuan, up 37.20 percent from a year earlier.
    Chemical, a company, reported first-quarter results for the fiscal year ended June 30, 2020.
    500.2 billion yen ($4.73 billion) in the fourth quarter, compared with 553.2 billion yen a year earlier.
    18.8 billion yen, compared with 62.4 billion yen a year earlier.
    a net loss of 6.8 billion yen, compared with a net profit of 14.5 billion yen a year earlier.
    Asahi Kasei Corporation reported first-quarter results for the fiscal year ended June 30, 2020.
    sales for the fourth quarter were 455.1 billion yen ($4.3 billion), compared with 502.1 billion yen a year earlier.
    operating profit was 30.1 billion yen, compared with 41.3 billion yen a year earlier.
    net profit was 13.6 billion yen, up from 24.4 billion yen a year earlier.
    Industries Inc. Announces first quarter results for the fiscal year ended June 30, 2020.
    397.6 billion yen ($3.76 billion) in the fourth quarter, compared with 513.2 billion yen a year earlier.
    operating profit of 9.5 billion yen,
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.