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The second quarter of 2021: the sales of chemical and material companies have increased significantly

 Last Update: 2021-08-14
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[ Hot Focus on Chemical Machinery and Equipment Network ] Recently, companies in the chemical and material fields have successively released their second quarter performance reports for 2021.
Judging from the reports obtained by some companies so far, most of them have achieved double growth in sales and profits
.

Chemical machinery and equipment network hotspots pay attention to chemical machinery and equipment

Clariant: According to special chemical company Clariant's financial report for the second quarter of 2021, sales from continuing operations in the second quarter increased by 12% in local currencies to 1.
032 billion Swiss francs
.
In Swiss francs, it rose by 11%
.
Among them, the care chemicals and catalyst business grew strongly, and the sales growth of the natural resources business was particularly optimistic
.
This growth was achieved thanks to increased output and aggressive pricing in all business areas
.

Arkema Group: Achieved outstanding profit growth in the second quarter, especially the profit before interest, tax, depreciation and amortization (EBITDA) increased by 67% compared with the second quarter of 2020, surpassing the level before the crisis (epidemic) in 2019
.
This performance was driven by specialty materials (1), which benefited from the strong market demand for innovative and sustainable materials and the unique positioning to support global megatrends
.
In this context, based on the excellent performance achieved in the first half of this year, Arkema once again substantially increased its financial goals for 2021
.

Solvay: In the second quarter of 2021, net sales increased by 20% organically compared with the same period last year, returning to 2019 levels in most markets
.
Demand in the automotive, electronics and construction industries is particularly strong .
Sales of businesses outside the composites and oil and gas markets increased by 22% compared to the same period last year and increased by 6% compared to the second quarter of 2019
.

　　BASF: In the second quarter of 2021, sales reached 19.
8 billion euros (+56%), pre-interest and tax earnings excluding special items reached 2.
4 billion euros, and cash flow from operating activities reached 2.
5 billion euros (a year-on-year increase of 295 million euros)
.
Sales in the second quarter of 2021 were 19.
8 billion euros, an increase of 7.
1 billion euros over the same period last year
.
The 56% increase in sales was mainly due to the increase in sales and prices in various business areas
.
The price level of surface treatment technology business, chemical business and material business has increased significantly
.
Sales growth is mainly reflected in the surface treatment business field, the material business field and the industrial solution business field
.
Unfavorable currency factors have a certain offsetting effect
.

　　Dow Corporation: Net sales in the second quarter of 2021 were US$13.
9 billion, a year-on-year increase of 66% and a month-on-month increase of 17%.
All operating segments, business units and regions achieved growth
.

　　Cabot: In the second quarter of fiscal 2021, the net profit attributable to Cabot Corporation was US$75 million (US$1.
30 per diluted common stock)
.
Net income reflects the after-tax expense of some items of $0.
08 per share
.
Adjusted earnings per share for the second quarter of fiscal 2021 reached $1.
38
.

　　Honeywell: Excellent performance in the second quarter of 2021, achieving both growth in sales and departmental profit margins of all four major business groups
.
At the same time, the company also raised its guidance for annual sales, departmental profit margins, adjusted earnings per share and cash flow
.
Sales in the second quarter increased by 18%, of which endogenous sales rose by 15%
.

　　From the above company's second-quarter performance report, it can be predicted that the third quarter may continue to grow in performance
.

　　Original title: Second quarter of 2021: Sales of chemical and material companies have increased significantly

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