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Reckitt Benckiser cautious despite rising profits
FOCUS
ON
S U R FA C TA N T S
engage prospects interested in a joint VeruTEK/ Wavefront solution for EOR, well stimulation and environmental applications. In the oil sector, Wavefront will resell cobranded VeruTEK products.
limited production but the company reports that the facility is now fully operational.
Marketwire, 23 Jul 2012, (Website: http://www.marketwire.com)
Henkel beats forecasts
Keystone bolsters product portfolio Keystone has expanded its family of surfactant-based zero VOC pigment dispersions with the introduction of green and blue grades. The 210-41522 NeroTint Blue and 410-407-22 NeroTint Green dispersions are suited for use in the waterborne wood and concrete industries. The products feature outstanding transparency, high gloss and uniform colour in both spray and wiping applications. Original Source: Coatings World, Jul 2012, 17 (7), 93 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
COMPANY RESULTS Stepan reports higher earnings Stepan Company reported higher 2Q and year-to-date results for the period ended 30 Jun 2012. Net income rose 3% to $21.4 M compared to $20.9 M in 2Q 2011. Year-to-date net income rose 10% to $43.7 M. Sales volume rose 5% for both 2Q and 1H 2012. However, net sales revenue fell 1% in 2Q 2012 to $470 M. For 1H 2012 sales revenue rose 4% to $935 M. The Surfactants segment posted a 3% fall in 2Q sales to $335 M in 2012 but 1H sales increased by 2%. Sales volume for the segment rose by 6% in 2Q 21012 with all regions contributing. In N America volume growth was primarily from the agricultural and oilfield sectors, while sales of consumer cleaning products drove the growth in Latin America and the Asia Pacific region. Surfactant gross profit for the quarter grew 13% to $51.7 M. The company says that improved profitability in Brazil coupled with a better sales mix of higher-value functional surfactants in N America led to the growth. The Singapore plant experienced start-up delays and 6
PR Newswire, 25 Jul 2012, (Website: http://www.prnewswire.com)
Henkel has exceeded analysts’ expectations. Unlike rivals such as Procter & Gamble, Unilever and Reckitt Benckiser, Henkel has been affected relatively little by the euro crisis and the weaker business situation. The company profited from continued good business in growth markets and N America, as well as strict cost management. Sales were up 6.4% in 2Q 2012 at €4.2 bn with both the adhesives and consumer divisions contributing. Adjusted operating profits were up 18.6% at €609 M and net profits were up from €343 M to €420 M. Henkel’s sales in emerging Asian and Latin American markets were up 9.3% at €1.8 bn. These countries now account for 43% of sales. Sales in N America were up 13.2%. Sales in W Europe were stable. Full-year sales are expected to post organic growth of 3-5%, and adjusted margins to rise to 14%. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 1 Aug 2012, (Website: http://www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2012. Original Source: Nachrichten fuer Aussenhandel, 1 Aug 2012, (Website: http://www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner Medien GmbH 2012
Unilever grows despite difficult conditions Unilever increased its sales to €13.3 bn in 2Q 2012, up 5.8% if takeovers, disinvestments and currency considerations are excluded. Sales were up 11% in emerging countries, up 7.5% in the Americas and up 3.3% in N America, but fell by 2.2% in Europe. For 1H 2012 Unilever recorded a 12% growth in sales to €25.4 bn with net profit of €2.2 bn, down 2%. The company has reaffirmed its profit target for 2012 but expects to come up against the weak business situation and rising raw material costs during the year. In India, Hindustan Unilever reported a 19% increase in net income at Rup 63.8 bn for the quarter ended Jun 2012. The net profit was
Rup 13.31 bn for the quarter ended Jun 2012 as against Rup 6.27 bn in the quarter ended Jun 2011. The company’s home and personal care segment registered a growth of 20.6% during Apr-Jun 2012. The company expects the poor monsoon to impact negatively on its profit in the ensuing quarters. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 26 Jul 2012, (Website: http://www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2012. Original Source: Het Financieele Dagblad, 27 Jul 2012, (Website: http://www.fd.nl/) (in Dutch) © Het Financieele Dagblad 2012. Original Source: Business Line, 24 Jul 2012, 19 (206), 3 (Website: http://www.thehindubusinessline.com/) © The Hindu Business Line 2012
Novozymes 1H 2012: Household Care Enzymes sales Novozymes’ Household Care Enzymes sales for 1H 2012 increased by 15% in DKR and by 13% in local currency (LCY) compared with 1H 2011, at DKR 1859 M (1H 2011: DKR 1621 M). The strong sales growth was driven by a continued increase in penetration of enzymes across detergent tiers to enhance wash performance, enable low-temperature washing and replace traditional chemicals in detergent formulations. Sales of Household Care Enzymes to the emerging markets continued to be a strong contributor to global sales growth. For 2Q 2012, Household Care Enzymes sales totalled DKR 946 M (2Q 2011: DKR 791 M). Original Source: Novozymes A/S, Krogshojvej 36, 2880 Bagsvaerd, Denmark, tel: +45 4446 0000, fax: +45 4446 9999, e-mail: [email protected], website: http://www.novozymes.com (16 Aug 2012) © Novozymes 2012
Reckitt Benckiser cautious despite rising profits Despite a small rise in profits, Reckitt Benckiser has warned of a difficult outlook for the consumer goods sector. The company is being hit hard in the developed markets of N America and Europe. In Europe in particular, customers are being careful with their money. Profits were up almost 3% in 1H 2012 at £779 M on sales up from £4.6 bn to £4.7 bn. Original Source: Chemie Aktuell, 30 Jul 2012, (Website: http://www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner Medien GmbH 2012
OCTOBER 2012
ON
S U R FA C TA N T S
engage prospects interested in a joint VeruTEK/ Wavefront solution for EOR, well stimulation and environmental applications. In the oil sector, Wavefront will resell cobranded VeruTEK products.
limited production but the company reports that the facility is now fully operational.
Marketwire, 23 Jul 2012, (Website: http://www.marketwire.com)
Henkel beats forecasts
Keystone bolsters product portfolio Keystone has expanded its family of surfactant-based zero VOC pigment dispersions with the introduction of green and blue grades. The 210-41522 NeroTint Blue and 410-407-22 NeroTint Green dispersions are suited for use in the waterborne wood and concrete industries. The products feature outstanding transparency, high gloss and uniform colour in both spray and wiping applications. Original Source: Coatings World, Jul 2012, 17 (7), 93 (Website: http://www.coatingsworld.com/) © Rodman Publishing 2012
COMPANY RESULTS Stepan reports higher earnings Stepan Company reported higher 2Q and year-to-date results for the period ended 30 Jun 2012. Net income rose 3% to $21.4 M compared to $20.9 M in 2Q 2011. Year-to-date net income rose 10% to $43.7 M. Sales volume rose 5% for both 2Q and 1H 2012. However, net sales revenue fell 1% in 2Q 2012 to $470 M. For 1H 2012 sales revenue rose 4% to $935 M. The Surfactants segment posted a 3% fall in 2Q sales to $335 M in 2012 but 1H sales increased by 2%. Sales volume for the segment rose by 6% in 2Q 21012 with all regions contributing. In N America volume growth was primarily from the agricultural and oilfield sectors, while sales of consumer cleaning products drove the growth in Latin America and the Asia Pacific region. Surfactant gross profit for the quarter grew 13% to $51.7 M. The company says that improved profitability in Brazil coupled with a better sales mix of higher-value functional surfactants in N America led to the growth. The Singapore plant experienced start-up delays and 6
PR Newswire, 25 Jul 2012, (Website: http://www.prnewswire.com)
Henkel has exceeded analysts’ expectations. Unlike rivals such as Procter & Gamble, Unilever and Reckitt Benckiser, Henkel has been affected relatively little by the euro crisis and the weaker business situation. The company profited from continued good business in growth markets and N America, as well as strict cost management. Sales were up 6.4% in 2Q 2012 at €4.2 bn with both the adhesives and consumer divisions contributing. Adjusted operating profits were up 18.6% at €609 M and net profits were up from €343 M to €420 M. Henkel’s sales in emerging Asian and Latin American markets were up 9.3% at €1.8 bn. These countries now account for 43% of sales. Sales in N America were up 13.2%. Sales in W Europe were stable. Full-year sales are expected to post organic growth of 3-5%, and adjusted margins to rise to 14%. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 1 Aug 2012, (Website: http://www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2012. Original Source: Nachrichten fuer Aussenhandel, 1 Aug 2012, (Website: http://www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner Medien GmbH 2012
Unilever grows despite difficult conditions Unilever increased its sales to €13.3 bn in 2Q 2012, up 5.8% if takeovers, disinvestments and currency considerations are excluded. Sales were up 11% in emerging countries, up 7.5% in the Americas and up 3.3% in N America, but fell by 2.2% in Europe. For 1H 2012 Unilever recorded a 12% growth in sales to €25.4 bn with net profit of €2.2 bn, down 2%. The company has reaffirmed its profit target for 2012 but expects to come up against the weak business situation and rising raw material costs during the year. In India, Hindustan Unilever reported a 19% increase in net income at Rup 63.8 bn for the quarter ended Jun 2012. The net profit was
Rup 13.31 bn for the quarter ended Jun 2012 as against Rup 6.27 bn in the quarter ended Jun 2011. The company’s home and personal care segment registered a growth of 20.6% during Apr-Jun 2012. The company expects the poor monsoon to impact negatively on its profit in the ensuing quarters. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 26 Jul 2012, (Website: http://www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2012. Original Source: Het Financieele Dagblad, 27 Jul 2012, (Website: http://www.fd.nl/) (in Dutch) © Het Financieele Dagblad 2012. Original Source: Business Line, 24 Jul 2012, 19 (206), 3 (Website: http://www.thehindubusinessline.com/) © The Hindu Business Line 2012
Novozymes 1H 2012: Household Care Enzymes sales Novozymes’ Household Care Enzymes sales for 1H 2012 increased by 15% in DKR and by 13% in local currency (LCY) compared with 1H 2011, at DKR 1859 M (1H 2011: DKR 1621 M). The strong sales growth was driven by a continued increase in penetration of enzymes across detergent tiers to enhance wash performance, enable low-temperature washing and replace traditional chemicals in detergent formulations. Sales of Household Care Enzymes to the emerging markets continued to be a strong contributor to global sales growth. For 2Q 2012, Household Care Enzymes sales totalled DKR 946 M (2Q 2011: DKR 791 M). Original Source: Novozymes A/S, Krogshojvej 36, 2880 Bagsvaerd, Denmark, tel: +45 4446 0000, fax: +45 4446 9999, e-mail: [email protected], website: http://www.novozymes.com (16 Aug 2012) © Novozymes 2012
Reckitt Benckiser cautious despite rising profits Despite a small rise in profits, Reckitt Benckiser has warned of a difficult outlook for the consumer goods sector. The company is being hit hard in the developed markets of N America and Europe. In Europe in particular, customers are being careful with their money. Profits were up almost 3% in 1H 2012 at £779 M on sales up from £4.6 bn to £4.7 bn. Original Source: Chemie Aktuell, 30 Jul 2012, (Website: http://www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner Medien GmbH 2012
OCTOBER 2012