Q21: Quarterly financial results of 21 chemical enterprises! Dow, Wacker, Wanhua, Sinopec, CNOOC, etc.

Recently, several petrochemical enterprises—including Dow, Wacker, Sinopec, and CNOOC—have released their Q3 2024 financial reports. A summary is provided below. International Companies Air Liquide In Q3 2024, the Group’s total revenue amounted to €6.76 billion, an increase of 3.3% year-on-year. All business segments posted growth during this period: Large Industries revenue rose by 2.8%; Industrial Merchant revenue grew by 1.7%; Electronics revenue increased by 5.9%; and Healthcare revenue climbed by 9.2%. By region: Revenue from gases and services in the Americas reached €2.56 billion, contributing an 8.2% growth across all businesses; growth in Asia was less robust but still up 4.1% year-on-year, with revenue totaling €1.34 billion; revenue in the Middle East and Africa rose 1.1% to €296 million; Europe was the only region reporting a sales decline, with revenue at €2.25 billion—a 1.5% drop year-on-year. Air Products Q3 2024 sales totaled $3.0 billion, down 2% year-on-year. GAAP net income amounted to $709 million, up 16% year-on-year. GAAP net profit margin stood at 23.7%, an increase of 260 basis points year-on-year. Adjusted EBITDA was $1.3 billion, up 5% year-on-year. Adjusted earnings per share (EPS) were $3.20—exceeding prior expectations—and up 7% year-on-year. Akzo Nobel In Q3 2024, organic sales rose 1% driven by higher volumes; total sales declined 3%; operating profit was €259 million (€354 million in Q3 2023); adjusted EBITDA was €394 million (€414 million in Q3 2023); adjusted EBITDA margin was 14.8% (15.1% in Q3 2023); net cash generated from operating activities was €294 million (€297 million in Q3 2023). Dow Q3 2024 net sales totaled $10.9 billion (approx. RMB 7.77 billion), up 1% year-on-year, driven by higher sales in the U.S. and Canada. Sales were flat sequentially. Volumes rose 1% year-on-year, led by the Functional Materials & Coatings operating segment; volumes increased 1% sequentially, driven by gains in Packaging & Specialty Plastics and Industrial Intermediates & Infrastructure. GAAP net income was $240 million. Operating EBIT was $641 million—up $15 million year-on-year—primarily due to improved overall margins in the Packaging & Specialty Plastics operating segment. Earnings per share (EPS) were $0.30; operating EPS was $0.47, compared to $0.48 in Q3 2023 and $0.68 in the prior quarter. Honeywell Q3 2024 sales reached $9.7 billion (approx. RMB 6.91 billion), up 6% year-on-year; organic sales rose 3%, primarily driven by strong performance in Defense & Aerospace, Commercial Aviation, and Building Solutions.

Air Products’ Q3 FY2024 sales decline

In Q3 FY2024 (ended June 30), Air Products reported sales of $3.0 billion, down 2% year-on-year. Under U.S. GAAP, net income totaled $709 million, up 16% year-on-year—driven primarily by favorable pricing and business mix. GAAP net profit margin was 23.7%, up 360 basis points year-on-year. In Q3, non-GAAP adjusted EPS was $3.20, up 7% year-on-year. Adjusted EBITDA was $1.3 billion; adjusted EBITDA margin was 42.4%, up 260 basis points year-on-year. Sales declined across all global regions in Q3: Americas: $1.2 billion, down 2% year-on-year. Asia: $790 million, down 4% year-on-year. Europe: $693 million, down 2% year-on-year.

Air Products Declares Quarterly Dividend

Oct 22, 2026

Air Products and Chemicals Inc announced a quarterly dividend of $1.81 per share payable on February 8, 2027. The global industrial gases firm focuses on energy and environmental markets.

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Air Products Declares Quarterly Dividend

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