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Markets :: Specialty Chemicals :: Food additives
Specialties Snapshot, Nov. 3-15
10:39 AM MST | November 15, 2011 | Rebecca Coons
Other than a handful of earnings reports and the usual small- to medium-sized acquisitions, specialty chemical firms have had a quiet two weeks. Late-reporting specialty firms, for the most part, joined their peers in posting gains. Henkel's adhesives business achieved a 9% increase in third-quarter 2011 adjusted operating profits compared with the corresponding period of 2010, to €291 million on sales up 4%, to €2 billion. The increases reflect higher volumes and selling prices, Henkel says. IFF profit increased 7%, to $82.2 million, as strong...
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