People & Business :: Companies
Chemical Finance Digest, July 25-29
2:22 PM MDT | August 1, 2011 | Vincent Valk
Lots of big second-quarter earnings reports came in last week, and most were positive. Dow's income rose 63% year-on-year as the company beat estimates. DuPont also beat estimates, with income 5%, and raised its full-year outlook. LyondellBasell's income was up 27% on higher margins for ethylene and polypropylene. Eastman's net earnings were up 43% on higher selling prices and volumes. Praxair's net income rose 16% as the company raised its fully-year outlook. Not all was rosy, however. BASF's income came in weaker than expected. While chemical profits at...
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