Paint and coating manufacturer Akzo Nobel N.V. (AkzoNobel) posted a net profit in the third quarter despite a five-percent dip in revenues due to adverse currency effects and divestments.
RPM International Inc. announced that outstanding performance in the company's consumer segment and more modest gains in its industrial segment resulted in significant increases in sales, net income and diluted earnings per share for the fiscal 2014 first quarter ended August 31, 2013.
At the announcement of its second-quarter results in July, AkzoNobel announced that it had identified further efficiency and cost saving measures that would require €120 million of restructuring charges in the second half of 2013.
PPG Industries recently reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year. Second-quarter 2013 reported net income from continuing operations was $341 million, or $2.35 per diluted share.
Specialty chemicals company Clariant provided an update on its strategy to reach its 2015 mid-term targets at the company’s annual Capital Markets Day on June 28.