Industrial gases producers reported a strong second quarter. Praxair’s net income increased 20%, to $342 million ($1.08)/share, on sales up 23%, to $2.9 billion. The consensus of... http://www.chemweek.com/regions/north_america/us/13177.html
Air Products says it plans to sell its $271-million/year U.S. healthcare business, and will report the business as a discontinued operation beginning in its fiscal fourth quarter. The... http://www.chemweek.com/regions/north_america/us/13181.html
DuPont Danisco Cellulosic Ethanol, a 50-50 joint venture between DuPont and Danisco's Genencor, has chosen Vonore, TN as the site to build its previously announced cellulosic ethanol... http://www.chemweek.com/regions/north_america/us/13188.html
Airgas says net income for the quarter ended June 30 grew 38% from the prior year, to $68.9 million (81 cts/diluted share). Sales increased 22% to $1.1 billion. Acquisitions... http://www.chemweek.com/regions/north_america/us/13189.html
DuPont reported second-quarter net income up 11%, to about $1.1 billion ($1.18/share), including a 3-cts/share gain from a favorable tax settlement, on sales up 12%, to $8.8 billion... http://www.chemweek.com/regions/north_america/us/13163.html
Soaring energy and feedstock costs, depressed automotive and housing markets, weak U.S. demand, and cratering share prices could lead some to believe that the down cycle is here for... http://www.chemweek.com/regions/north_america/us/13075.html
PPG Industries reported second-quarter net income up 12%, to $269 million ($1.62/share), excluding $6 million in operating results from the automotive glass and services (AG&S)... http://www.chemweek.com/regions/north_america/us/13076.html
Dow Chemical says it has agreed to sell certain assets of Dow Building Solution’s Trymer-brand, polyisocyanurate rigid (PIR) foam business to Illinois Tool Works (ITW; Glenview... http://www.chemweek.com/regions/north_america/us/13079.html
A sharp rise in energy costs has driven up the price of raw materials, and a slowdown in the economy led by a weak housing market and decreased consumer spending will lead to... http://www.chemweek.com/regions/north_america/us/13093.html
Dow Chemical says it has entered into an agreement with the U.S. Department of Energy’s (DOE; Washington) National Renewable Energy Laboratory to jointly develop and evaluate the... http://www.chemweek.com/regions/north_america/us/13094.html
President Bush says he will lift a long-standing executive order banning oil and gas drilling in most of the U.S. Outer Continental Shelf (OCS), which is aimed at expanding domestic... http://www.chemweek.com/regions/north_america/us/13098.html
Huntsman says it expects second-quarter adjusted Ebitda to increase by approximately 10% sequentially compared with first-quarter adjusted Ebitda, despite sharply higher feedstock... http://www.chemweek.com/regions/north_america/us/13101.html
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