chemtura corp (CHMT) Key Developments
Chemtura Corporation Seeks Acquisitions
Jul 30 15
Chemtura Corporation (NYSE:CHMT) is looking for bolt-on acquisitions to improve IPP. It is probably the area where Chemtura has more opportunity and may be actionable opportunities.
Chemtura Corporation Reports Unaudited Condensed Consolidated Earnings Results for the Second Quarter Ended June 30, 2015
Jul 29 15
Chemtura Corporation reported unaudited condensed consolidated earnings results for the second quarter ended June 30, 2015. For the quarter, the company has posted net sales of $464 million against $609 million a year ago. Operating income was $44 million against $52 million a year ago. Earnings from continuing operations were $18 million against $43 million a year ago. Diluted earnings from continuing operations were $0.26 against $0.46 a year ago. Adjusted EBITDA was $61 million against $91 million a year ago. Net cash provided by operating activities was $53 million against $18 million a year ago. Total debt was $517 million as of June 30, 2015 compared with $574 million as of December 31, 2014. The decrease was primarily due to a repayment of $42 million on Term Loan and a $15 million repayment of China Bank Facility. Capital expenditures for the second quarter of 2015, the second quarter of 2014 and the first quarter of 2015 were $19 million, $25 million and $13 million, respectively. The decrease from the second quarter of 2014 primarily related to lower spending on capital projects at Nantong, China and Hyeongok (Daystar), South Korea facilities. Earnings were $18 million against $43 million a year ago.
Chemtura Corporation Presents at Jefferies 11th Annual Industrials Conference, Aug-11-2015 08:00 AM
Jul 16 15
Chemtura Corporation Presents at Jefferies 11th Annual Industrials Conference, Aug-11-2015 08:00 AM. Venue: Grand Hyatt, 109 E. 42nd Street, New York, New York, United States. Speakers: Craig A. Rogerson, Chairman, Chief Executive Officer and President, Matthew Sokol, Director of Investor Relations and Corporate Development.
Chemtura Corporation Presents at UBS SMID Cap One-on-One Conference, Aug-04-2015 08:00 AM
Jul 16 15
Chemtura Corporation Presents at UBS SMID Cap One-on-One Conference, Aug-04-2015 08:00 AM. Venue: Boston Harbor Hotel, 70 Rowes Wharf, Boston, MA 02110, United States. Speakers: Stephen C. Forsyth, Chief Financial Officer and Executive Vice President.
Chemtura Corporation to Report Q2, 2015 Results on Jul 29, 2015
Jun 23 15
Chemtura Corporation announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 29, 2015